What stage does Ballad Ventures invest at?

Ballad Ventures invests at the Pre-Seed, Seed, Series A, Series B stages.

What is Ballad Ventures's typical check size?

Ballad Ventures typically writes checks of $500K – $1.5M.

What sectors does Ballad Ventures focus on?

Ballad Ventures focuses on Consumer, Digital Health, Healthtech, Medical Devices, Wellness & Fitness.

Where is Ballad Ventures located?

Ballad Ventures is headquartered in Johnson City, US.

Ballad Ventures

Corporate VC

Johnson City · Pre-Seed–Series B · 3 people tracked

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Investment thesis

Ballad Ventures is the venture investment arm of Ballad Health, the largest integrated healthcare system in Appalachia. It partners with early-stage healthcare technology companies whose work aligns with improving patient outcomes and operational efficiency, and aims to help founders move from early prototype to scale. The firm emphasizes providing deep operational support alongside capital, leveraging insights from operating a 21-hospital network across rural Appalachia. It focuses on digital health, medtech, tech-enabled services, consumer health and wellness, and healthcare operational infrastructure, making initial investments from pre-seed through Series B.

Invests inConsumer Digital Health Healthtech Medical Devices Wellness & FitnessUnited States

Source: firm website, verified Aug 7, 2026.

Stage

Pre-Seed–Series B

Check

$500K – $1.5M

Johnson City, Tennessee, US

Instruments

Equity

Founded

2020

Tracked investments

Team · 3 people

from the firm's website & public directories

Mike Anderes· Johnson City, Tennessee, United Statesin

A clinician and healthcare leader with front-line care delivery and health system operations experience, including as a digital transformation strategist at a premier academic medical center. He is an entrepreneur who has led a corporate venture capital portfolio invested in 15+ healthcare startups and built a health-system DevOps organization.

m•••@balladhealth.orgreveal

A healthcare strategist with nearly 15 years of experience in health system strategy, operations, and governance. He leads Ballad Health's Innovation Center and directs innovation and transformation efforts for a 21-hospital network in rural Appalachia.

Bo Wilkes· President· Johnson City, Tennessee, United Statesin

Bo Wilkes is Managing Director at Ballad Ventures and co-founder and president of Vale Health, a consumer health marketplace partnering with 16 health systems. He brings 25+ years of healthcare leadership experience, including roles as Chief Digital Officer at Froedtert Health and President of Inception Health, where he directed digital strategy, developed care models, and oversaw a $50M+ venture fund. A licensed physical therapist with clinical experience across acute, outpatient, and emergency care settings, Wilkes has led digital health platform development, managed complex hospital operations, and served in board and advisory capacities across multiple healthcare organizations.

b•••@balladhealth.orgreveal

What they invest in

from 5 of 9 portfolio companies

Healthtech ×4Digital Health ×3Medical Devices ×3Hardware ×2Enterprise Software ×1Robotics ×1SaaS ×1

HQs:United States×4

Investments · 9 tracked

founders shown can be your intro path

410 Medical410medical.comin 𝕏

410 Medical makes LifeFlow, a hand-operated rapid infuser that lets clinicians quickly deliver blood or fluids to critically ill patients needing volume resuscitation.

HardwareHealthtechMedical DevicesDurham, US

Mark Donald Piehl(Executive Officer, Director)KYLE CHENET(Executive Officer, Director)Mike Liddell(Manager)Lukas Miller Roush(Manager)

BoardJEFF TERRELL(Director)STANLEY D. LYNALL(Director)

Ballad Healthballadhealth.org

Ballad Health is a regional healthcare provider offering in-person, video, and online (asynchronous) care, including virtual visits, walk-in clinics, health screenings, and physician network search.

Digital HealthHealthtech

Biolibertybioliberty.com

Bioliberty develops the Lifehub Clinic system, combining soft robotic wearables, gamified therapy, and AI insights to help clinicians deliver physical and occupational therapy to patients recovering from mobility issues such as stroke.

Digital HealthMedical DevicesRobotics

Censinetcensinet.comin

Healthcare cybersecurity and risk management (GRC) platform.

Boston, US

EvidenceCareevidence.carein 𝕏

EvidenceCare provides evidence-based clinical decision support tools integrated into electronic health records (EHRs) for physicians and health systems.

Digital HealthEnterprise SoftwareHealthtechSaaSSanta Monica, US

Brian Fengler(Founder)Samuel Bartholomew(Executive Officer, Director)Don Lazas(Manager of the limited liability company)James Jamieson(Executive Officer, Director)Zac Scribner(Executive Officer, Director)

BoardDave Vreeland(Director)

Homecare Hubhomecarehub.com

Platform supporting complex hospital discharges and home care.

Tailormedtailormed.coin

Medication access and affordability platform.

Tessellatet8health.comin 𝕏

Winter Innovationswinterinnovations.com

Winter Innovations develops a patented two-part needle technology and stitching solutions for orthopedic surgery.

HardwareHealthtechMedical DevicesKnoxville, US

Preston Dishner(Executive Officer, Director, Promoter)Lia Winter(Executive Officer, Director, Promoter)Anthony R. Lettich(Director)Lynn Youngs(Director)

Portfolio news

latest coverage across their companies

Handspring Raises $19 Million Series B To Scale Evidence‑Based Youth Mental Health Care Nationwide

EvidenceCare · pulse2.com · Jul 11, 2026

Frequently asked questions

What stage does Ballad Ventures invest at?: Ballad Ventures invests at the Pre-Seed, Seed, Series A, Series B stages.
What is Ballad Ventures's typical check size?: Ballad Ventures typically writes checks of $500K – $1.5M.
What sectors does Ballad Ventures focus on?: Ballad Ventures focuses on Consumer, Digital Health, Healthtech, Medical Devices, Wellness & Fitness.
Where is Ballad Ventures located?: Ballad Ventures is headquartered in Johnson City, US.

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