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Blue Venture Fund

Blue Venture Fund

Chicago, Illinoisblueventurefund.com

Overview

The Blue Venture Fund is a corporate venture capital program representing a unique collaboration among Blue Cross Blue Shield (BCBS) companies and the Blue Cross Blue Shield Association. It invests in venture and growth-stage opportunities within healthcare technology, healthcare services, and clinical sciences to drive innovation and improve health outcomes. The fund is capitalized by participating Blue Plans and is managed by the independent firm Sandbox Industries. The investment in Drips, a conversational messaging platform, is listed among its active investments.

Portfolio Companies

38

Investments

Blue Venture Fund investments
CompanyDateStageLead
HealthspringJun 2011Series ACo-investor
SomatusFeb 2022Series ECo-investor
HeartFlowMay 2016Series DCo-investor
ProveJun 2020Series HCo-investor
LumerisApr 2024Growth EquityCo-investor
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Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

Portfolio analytics

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

Portfolio analytics

Caplight clients see yearly investment pace and funding raised over time.

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FAQ

Where is Blue Venture Fund based?

Blue Venture Fund is headquartered in Chicago, Illinois, United States.

When was Blue Venture Fund founded?

Founding year information for Blue Venture Fund is not publicly available.

How many portfolio companies does Blue Venture Fund have?

Blue Venture Fund has 38 portfolio companies in Caplight's dataset.

What are some companies in Blue Venture Fund's portfolio?

Portfolio companies visible on Caplight include Healthspring, Somatus, HeartFlow, Prove, Lumeris.

What was Blue Venture Fund's most recent investment shown here?

Blue Venture Fund's most recent investment in this portfolio sample was in Lumeris in 2024.

What sectors does Blue Venture Fund focus on?

Blue Venture Fund focuses on Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Enterprise Software, Cybersecurity, Healthcare & Life Sciences, Healthcare & Life Sciences, Cybersecurity, Enterprise Software, FinTech, Enterprise Software, Enterprise Software, Enterprise Software, Enterprise Software, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, Enterprise Software, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, Enterprise Software, Enterprise Software, AI, Data & Cloud Infrastructure, Enterprise Software, Enterprise Software, Enterprise Software, Enterprise Software, Enterprise Software, Enterprise Software, Enterprise Software, AI, Data & Cloud Infrastructure, Enterprise Software, AI, Data & Cloud Infrastructure, Enterprise Software.

What company stages does Blue Venture Fund focus on?

Blue Venture Fund typically invests at the MultiStage stage.

What is Blue Venture Fund's AUM?

Blue Venture Fund's assets under management are estimated at over $890.0M.

Firmographic Details

HeadquartersChicago, Illinois
Year FoundedN/A

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