🦊/Investors

HC9 Ventures

Venture capitalActively deploying

Havertown · Seed–Series A · 8 people tracked

Also known as CR VENTURES MANAGEMENT, LLC

Find your way into HC9 Ventures

1,896 people in our graph share verified history with the HC9 Ventures team — schools, employers, funds. One of them is your warm intro.

Elena Sakachunlockedknows Michael Kaushansky · together at Goldman Sachs (overlapped)
×3knows the team · via Goldman Sachs
knows the team · via Postmates Inc.
knows the team · via Duke University
knows the team · via University at Buffalo
knows the team · via Ey
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Investment thesis

HC9 focuses on Seed and Series A investments in healthcare, believing outsized returns are generated at earlier stages. The firm draws on the collective industry experience of its team and limited partners to provide portfolio companies with critical insights, relationships, and operational expertise. It emphasizes hands-on support to help emerging healthcare companies refine product-market fit and execute effective go-to-market strategies, aiming to create meaningful inflection points in their growth trajectories.

Source: firm website, verified Sep 15, 2026.

Stage
Seed–Series A
HQ
Havertown, Pennsylvania, US
Instruments
Equity
Founded
2021
Last 12 months
2 investments
AUM
$83M
VC funds
5
Tracked investments
15

Team · 8 people

from the firm's website & public directories
Jonathan Gordon· General Partner

Founder mafia

2 people who came through HC9 Ventures went on to found or lead other companies.

What they invest in

from 13 of 15 portfolio companies

Healthtech ×12Digital Health ×9Mental Health ×3AI & Machine Learning ×2Enterprise Software ×2Impact & Social Good ×2SaaS ×2EdTech ×1

HQs:United States×10

Investments · 15 tracked

founders shown can be your intro path

By year:2025 · 42024 · 12022 · 42020 · 110 dated

Psych Hubpsychhub.comin𝕏Series A · Aug 2022 · $16M✓ verified

Psych Hub is a clinical skill development platform for behavioral health, offering evidence-based, trauma-informed education, portable credentials, and applied-skill practice for mental health clinicians.

Digital HealthEdTechMental Health

Marjorie Morrison(Co-Founder & CEO (LMFT, LPCC))inPatrick J. Kennedy(Co-Founder)Dr. Dylan Ross(Chief Clinical & Strategy Officer)Steve Sanders(Chief Technology Officer)in

Co-investorsFrist Cressey VenturesEmerson Collective Investing

Reemareemahealth.comin𝕏Series A · Dec 2025 · $8M

Reema Health provides a personalized, community-based care model that connects people to health care and social support services in their local communities.

Digital HealthHealthtechImpact & Social GoodMental HealthMinneapolis, US

Justin Ley(CEO)inMatt(Chief Product Officer)

BoardMatthew Swanson(Director)Ellen Herlacher(Director)inAmon Anderson(Director)

Board seatHelen Ciesielski· per SEC Form D

Co-investorsDigitalis VenturesGROOVE CAPITALHeadwater VenturesLRVHealthMaC Venture CapitalMatchstick Ventures+2 more

RightSiterightsitehealth.cominFeb 2025

RightSite Health provides emergency medical services (EMS) support by connecting emergency room doctors with EMS crews to assess and redirect low-acuity patients, and deploys patient navigators to address underlying clinical and social needs that drive unnecessary emergency calls.

Digital HealthHealthtechSaaSSan Antonio, US

Matthew Sedgwick(Executive Officer)inMichael Boxer(Executive Officer, Director)inJames M.O. Rubin(Executive Officer, Director)

BoardGary Swart(Director)

Board seatRichard Lungen· per SEC Form D

Co-investorsArtis VenturesVirtue Ventures

Alacuraalacura.com

Alacura is a specialty benefit manager that oversees clinical and logistical coordination of medical transportation for hospitals, health plans, and patients.

Digital HealthEnterprise SoftwareHealthtechLogistics & Supply Chain

Co-investorsWP Global Partners

Circadiancircadiancare.comin

Circadian Health provides virtual access to cardiology, pulmonology, endocrinology, and sleep specialist care supported by home monitoring and diagnostic tools.

Digital HealthHealthtechMedical DevicesSaaS

Gregg Kimmer(Chief Executive Officer)Chad Evans(Chief Operating Officer)inMike Kruckenberg(Chief Technology Officer)inSandeep Palakodetl(Chief Medical Officer)

Forge Healthforgehealth.cominApr 2022 · $11M

Forge Health provides outpatient mental health and substance use disorder treatment through a multidisciplinary team of clinicians and addiction recovery specialists.

Digital HealthHealthtechMental Health

Rondi Rabuse(Chief Executive Officer)inGuy Maytal(Chief Medical Officer)in

Co-investorsMontage Ventures

Gather Healthgatherhealth.comin

Gather Health provides primary care services with integrated social and home-based support for older adults in underserved communities.

Digital HealthHealthtech

Co-investorsHeadwater VenturesKhosla VenturesMaverick Ventures

Laguna Healthlagunahealth.cominSeries A · Sep 2020 · $15M

Laguna Health provides a conversational AI platform for healthcare care teams and care managers that reduces administrative work by automating post-call documentation, surfacing real-time conversation insights, and offering dynamic care pathways.

AI & Machine LearningDigital HealthHealthtechSan Francisco, US

Yoni Leonid Shtein(Co-founder)inYael(Co-founder)in

Co-investorsArkin CapitalLionBirdSemperVirens Venture CapitalPitango

Opturaoptura.aiinSeries A · Oct 2025 · $18M

Optura helps enterprise healthcare organizations identify and implement AI initiatives with measurable returns on investment.

AI & Machine LearningEnterprise SoftwareHealthtechFranklin, US

Andy Fanning(Co-Founder, CEO)inMichael Hollis(Co-Founder, President)in

BoardTJ PARKER(Director)in

Co-investorsSalesforce VenturesEcho Health VenturesMatrixSusa Ventures

Paygroundpayground.comApr 2022 · $6M

PayGround operates a digital healthcare payments platform that lets patients view, schedule, track, and pay bills from multiple medical providers through a single app and dashboard.

Chandler, US

Andrew Mercer(Executive Officer, Director)

Co-investorsFCA Venture PartnersIA Capital GroupLewis & Clark VenturesRally Ventures Management, LlcTriventuresPlug and Play Ventures+1 more

Sliceofhealthcaresliceofhealthcare.comin

Slice of Healthcare produces media and content focused on the healthcare industry, featuring interviews and coverage involving health systems, payers, pharmaceutical companies, and investors.

Digital HealthHealthtechMedia & Entertainment

Wild Blackberry Studiowildblackberrystudio.com

Wild Blackberry Studio is a small, senior-led branding and design studio offering brand strategy, design, and content strategy services.

HealthtechImpact & Social GoodMarketing Tech

Barbara Grundy

XP Healthxphealth.coSep 2022 · $17.1M

XP Health is a digital-first vision benefits platform selling full-replacement vision programs to US employers and insurance carriers.

Antonio Moraes(Founder)inJames Wong(Founder)in

Co-investorsAmerican Family VenturesCameron VenturesCanvas VenturesCore Venture CapitalInformed Ventures Advisors, LlcManchesterStory Group, LLC+10 more

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Gather Health Primary Care, Inc.Circadian Health

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has HC9 Ventures made?
HC9 Ventures has 15 tracked investments, including 4 dated in the last 24 months.
What stage does HC9 Ventures invest at?
HC9 Ventures invests at the Seed, Series A stages.
What sectors does HC9 Ventures focus on?
HC9 Ventures focuses on AI & Machine Learning, Digital Health, Healthtech, Mental Health.
Where is HC9 Ventures located?
HC9 Ventures is headquartered in Havertown, US.
Does HC9 Ventures lead rounds?
HC9 Ventures has led 6 of the 8 rounds where its role is on record.
Who does HC9 Ventures co-invest with?
HC9 Ventures most often shares deals with Headwater Ventures, SemperVirens Venture Capital, Khosla Ventures, among 28 tracked co-investors.

Media · Podcasts & interviews

featuring the team

#473 - Richard Lungen, Co-Founder/General Partner, HC9 Ventures & Ken Goulet, Pres. of KRG Advisors

Slice of Healthcare Network · Richard Lungen

Co-investors · 48

SemperVirens Venture Capital

SemperVirens is an ecosystem-driven venture capital firm that supports startups building AI solutions for complex markets such as healthcare, financial services, and the future of work, providing connections and hands-on support to help them scale.

Susa Ventures

Susa Ventures operates two early-stage technology funds that invest in companies leveraging data, network effects, and economies of scale.

Both backed · 1
$1M – $5M
Echo Health Ventures

Echo Health Ventures is a strategic venture capital and growth equity investor that partners with health care companies to help build and scale their innovations nationally.

Both backed · 1
Triventures

Triventures is a global venture capital fund with roots in healthcare that invests in early-stage companies across multiple industries, focusing on bio-convergence and data-driven technologies.

Both backed · 1
$1M – $3M
Andreessen Horowitz

Andreessen Horowitz (a16z) is a venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz, known for pioneering the platform model with a large team of operators supporting founders across stages.

$500K – $50M
GV (Google Ventures)

GV (Google Ventures) is a venture capital firm that has invested in artificial intelligence and machine learning since its early days, building a global portfolio of more than 100 AI companies across infrastructure, life sciences, and applications.

$250K – $50M
Founders Fund

Founders Fund is a venture capital firm that backs technology companies building transformative products.

$500K – $5M
Greylock Partners

Greylock Partners is an early-stage venture capital firm that partners with founders building companies from inception. Its partners make only one or two new investments per year to focus deeply on each partnership.

$100K – $200M
Long Journey Ventures

Long Journey Ventures is an early-stage venture firm that backs unconventional, 'magically weird' founders and ideas, positioning itself as a hands-on, community-oriented partner to its companies.

$100K – $1M
Founder Collective

Founder Collective is a seed and pre-seed stage venture capital firm that invests across sectors, describing itself as sector agnostic and anti-thematic.

Uncork Capital

Uncork Capital (formerly SoftTech VC) is a seed-stage venture firm that invests early in founders, with a focus on AI-native companies building leverage and scale.

$3M – $5M
SV Angel

SV Angel is a firm that has backed startup founders since the 1990s, leveraging a large network of founders, industry leaders, and regulators to support portfolio companies.

36 more co-investors

Bain Capital VenturesMenlo VenturesCoatue ManagementKrakenSound VenturesIVP (Institutional Venture Partners)DST GlobalStreamlined VenturesQuiet CapitalBling CapitalGreycroftUpHonest CapitalOak HC/FTForerunner VenturesFifth WallPICUS CAPITALMaveronLowercase CapitalSocial LeverageDCM VenturesTSVCAngelPadFuture Perfect Ventures305 VenturesFusionThink+ Ventures Management, LlcPossible VenturesEuclid Venture PartnersAmity VenturesWestCapPitbull Ventures10x GenomicsActivant CapitalTeam IgniteDNA CapitalCanyon Creek Capital

Firms observed investing alongside HC9 Ventures, from public investor directories. Shared companies are the overlap with HC9 Ventures's recorded portfolio.

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