HealthX Ventures
Venture capitalMadison · Pre-Seed–Series A · 16 people tracked
Also known as HEALTHX MANAGEMENT, LLC
Investment thesis
HealthX Ventures backs entrepreneurs building digital health solutions that improve healthcare access, efficiency, and affordability. The firm targets innovative companies delivering easy-to-use, cost-effective, and scalable products to market. Led by experienced entrepreneurs and investors and based in Madison, Wisconsin near Epic Systems' headquarters, the firm supports portfolio companies with extensive operational assistance, deep industry expertise, and executive-level networking.
Source: firm website, verified Aug 3, 2026.
Team · 16 people
from the firm's website & public directories
What they invest in
from 23 of 73 portfolio companiesHealthtech ×21Digital Health ×8SaaS ×6AI & Machine Learning ×5Enterprise Software ×4Medical Devices ×3Cloud Computing ×2B2B Marketplaces ×1
HQs:United States×38
Investments · 73 tracked
founders shown can be your intro pathCareInsights (formerly Agathos) is a mobile-first platform that delivers personalized peer-comparison insights on clinical metrics directly to physicians via text to drive improvements in care quality and reduce costs.
Digital HealthEnterprise SoftwareHealthtechBoulder, US
Andrew Trees(Executive Officer, Director)MARK BAKKEN(Director)ELISE MILLER HOFFMAN(Director)STEVE WAYE(Executive Officer, Director)
Board seatMark Bakken· per SEC Form D · $6.1M raise · filed Oct 2021
AMOpportunities operates a marketplace and SaaS platform connecting international medical trainees and healthcare students with U.S. clinical training experiences, while providing workflow management solutions for medical schools and clinical sites.
B2B MarketplacesHealthtechSaaSTravel & HospitalityChicago, US
Benjamin Bradley(Executive Officer, Director, Promoter)Kyle Swinsky(President, Co-Founder)Daniel Flores(Executive Officer)Kevin Iverson(Executive Officer)John Danaher(Executive Officer)Mamta Patel(Executive Officer)
Board seatMark Bakken· per SEC Form D
HealthtechMadison, US
Abigail Barnes(Executive Officer, Director)Katie Brenner(Director)Halley Gilbert(Director)Victoria Grace(Director)Dale Nitschke(Director)
Board seatMark Bakken· per SEC Form D · $1M raise · filed Mar 2026
Precision cancer prevention platform that stratifies patient risk and enables earlier detection through risk scoring and monitoring.
Chicago, US
Carladenise Edwards(Director)Mark Bakken(Director)Haibo Lu(Executive Officer, Director)Joel Krikston(Director)Olufeyikemi Olopade Ayodele(Executive Officer, Director)Christopher Bun(Executive Officer)
Board seatMark Bakken· per SEC Form D
HealthtechSpringfield, US
Colleen Kraft(Director)Sanaz Cordes(Executive Officer, Director)Rachel Robinson(Executive Officer, Director)
Board seatMark Bakken· per SEC Form D · filed Oct 2020
Bentonville, US
Board seatKristi Ebong· per SEC Form D · $5.3M raise · filed Jul 2024
Enso Data provides AI-powered analysis of physiological waveforms, particularly sleep studies, to enable clinical diagnosis and patient monitoring.
AI & Machine LearningDigital HealthHealthtechMedical DevicesMadison, US
Justin Mortara(Executive Officer, Director)Samuel Rusk(Director)Frederick Robertson(Director)Scott Button(Director)Matthew D Dobereiner(Executive Officer)John Rondoni(Director)
Board seatMark BakkenMark Bakken· per SEC Form D
Middleton, US
David Simon(Director)James Jackson(Executive Officer, Director)Timothy Macht(Director)
Board seatMark Bakken· per SEC Form D · $1.4M raise · filed Jun 2025
Milwaukee, US
Paul Auer(Director)Brittany Gottschalk(Executive Officer, Director)Mark Bakken(Director)
BoardLaura Hilty(Director)
Board seatMark Bakken· per SEC Form D · $3.3M raise · filed Oct 2022
Venice, US
Bob More(Director)Adam Dole(Director)Ken Denman(Director)Mick Ebeling(Executive Officer, Director)
Board seatKristi Ebong· per SEC Form D · $8M raise · filed Oct 2025
KeyCare builds virtual care technology and telehealth solutions to extend health system capacity and improve access to healthcare.
Digital HealthHealthtechSaaSChicago, US
Lyle Berkowitz, MDSulabh Agarwal(Executive Officer, Director)inCarrie Nelson, MDinMike RobbinsinAndy JacksonJennifer Timm
Board seatMark Bakken· per SEC Form D
Madison, US
Harrie Bakst(Director)Brian Lively(Director)Seth Braddock(Executive Officer, Director)
BoardChristopher Eckstrom(Director)
Board seatMark Bakken· per SEC Form D · $733.1K raise · filed Apr 2021
Medication monitoring and adherence platform providing providers with patient adherence insights and remote therapeutic monitoring.
Tacoma, US
Joel Martin(Director)Matthew Tabakin(Executive Officer, Director)Clark Emerick(Director)
Board seatJoel MartinMark Bakken· per SEC Form D
HealthtechAustin, US
Senem Guney(Executive Officer, Director)Shakeel Rashed(Director)Kyle Robertson(Executive Officer, Director)Marc Yagjian(Director)
Board seatMark Bakken· per SEC Form D
Fitchburg, US
Board seatMark Bakken· per SEC Form D · $1.5M raise · filed Mar 2023
Madison, US
Vincent Ford(Executive Officer, Director, Promoter)Michael Fenchel(Executive Officer, Director, Promoter)
Board seatMark Bakken· per SEC Form D · $9.4M raise · filed Aug 2021
AI-driven ambulatory ECG platform enabling remote healthcare monitoring.
BiotechNew York, US
Nicholas Jackson(Director)Chris Darland(Executive Officer, Director)Patrick Horan(Director)Dan Reuvers(Director)Michael Fawkes(Executive Officer, Director)Arthur Bertolero(Executive Officer, Director)
Board seatMark Bakken· per SEC Form D
Madison, US
Board seatMark Bakken· per SEC Form D · $3.5M raise · filed Oct 2015
Madison, US
Jeremiah Calvino(Executive Officer, Director)Benjamin Camp(Executive Officer, Director)Shree Kalluri(Director)
BoardJason Krantz(Director)
Board seatMark Bakken· per SEC Form D · $5M raise · filed Oct 2024
RxLightning operates a platform that simplifies the enrollment process for specialty prescription access, serving patients and stakeholders in the pharmaceutical industry to improve medication accessibility and affordability.
HealthtechGreenville, US
Julia Regan(Executive Officer, Director, Promoter)Taha Jangda(Director)Richard Cohan(Director)
Board seatMark Bakken· per SEC Form D
Verona, US
Jonathan Baran(Executive Officer, Director)Jonathan Phillips(Director)Sal Gentile(Director)Mark Bakken(Director)Thomas Conti(Director)
BoardBrian Lindstrom(Director)
Board seatMark Bakken· per SEC Form D · $1.5M raise · filed Jan 2024
Madison, US
Grant Stousland(Executive Officer, Director)
BoardBrian Wiegand(Director)
Board seatMark Bakken· per SEC Form D · $500K raise · filed Aug 2025
Washington, US
Board seatMark Bakken· per SEC Form D · $46.1M raise · filed Jan 2022
Marlton, US
Kaitlan Baston(Executive Officer, Director)Dustin Hufford(Director)
Board seatMark Bakken· per SEC Form D · $2.5M raise · filed Jun 2026
HealthtechMadison, US
Abraham W. Palmbach(Executive Officer, Director)Gregory J Baldwin(Director)James A Dias(Executive Officer, Director)
Board seatMark Bakken· per SEC Form D · $2.2M raise · filed Nov 2022
HealthtechMiddleton, US
Gary J Wendt(Executive Officer, Director, Promoter)K. Thomas Pickard(Executive Officer, Director)James Berbee(Director)Lon Sprecher(Director)Richard Bruce(Director, Promoter)Mark Gehring(Director)
Board seatDarcey Nett· per SEC Form D · $1.4M raise · filed Aug 2017
Allergyamulet develops a portable food allergen and ingredient sensor to help people with food allergies safely identify potential allergens in food before consumption.
ConsumerHardwareHealthtechMedical Devices
Abigail Barnes(Co-Founder & CEO)
HealthtechChantilly, US
Olivia Walch(Executive Officer, Director)Michael Masterson(Director)Daniel Forger(Executive Officer, Director)
Enables healthcare, community, and government organizations to address food insecurity and improve health outcomes for vulnerable populations.
Provides accurate, sensitive measurement solutions enabling precision neuroscience in clinical research and patient care.
DocStation provides a medical billing platform that enables pharmacists to bill for clinical services and get paid for patient care activities beyond dispensing.
FintechHealthtechInsurTechSaaSAustin, US
Samm Anderegg(Co-founder)Josh Matz(Co-founder)
Advanced healthcare AI platform using computational methods and natural language processing to identify patients matching complex clinical trial criteria.
Dyania Health develops AI and natural language processing technology for clinical research and healthcare applications, serving healthcare systems and clinical trial management.
AI & Machine LearningDigital HealthHealthtechNew York, US
Eirini Sloser(CEO)Eirini Schlosser(CEO & Founder)in
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)Cyril Philip(Director)Samuel Bartholomew(Executive Officer, Director)Melinda Hancock(Director)Bo Wilkes(Director)Curt Futch(Director)
Health iPASS provides patient engagement and revenue lifecycle management software for healthcare practices, combining patient-facing functionality with integrated payment processing.
Enterprise SoftwareHealthtechSaaSNaperville, US
Thirumal Nellutla(Director, Promoter)Rajesh Voddiraju(Executive Officer, Director, Promoter)
Provides personalized virtual mental health support and speech therapy for kids through partnerships with schools and employers.
Platform addressing pharmacy workflow needs and providing patient-centric optimization of imaging systems.
Raleigh, US
Bogdan Nedelcu(Executive Officer, Director)
Medable provides a cloud-based platform for clinical research that uses AI and digital tools to accelerate the development of therapies by improving the quality, reach, and efficiency of clinical trials.
AI & Machine LearningCloud ComputingHealthtechMedical DevicesSaaSPalo Alto, US
Michelle Longmire(Founder)Young A. Sohn(Director)Richard Lim(Director)Anna Long(Director)Perry Robinson(Executive Officer)David Hartwig(Director)
HealthtechMadison, US
Natasha Noella Vora(Chief Executive Officer and Director)
BoardShabaka Gibson(Director)
Boston, US
Taha Jangela(Director)William A. Rogers(Executive Officer, Director)Nathan Treloar(Executive Officer)
PartnerTaha Jangda· quoted
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.
Frequently asked questions
- What stage does HealthX Ventures invest at?
- HealthX Ventures invests at the Pre-Seed, Seed, Series A stages.
- What sectors does HealthX Ventures focus on?
- HealthX Ventures focuses on Digital Health, Healthtech.
- Where is HealthX Ventures located?
- HealthX Ventures is headquartered in Madison, US.
- Does HealthX Ventures lead rounds?
- Yes, HealthX Ventures leads investment rounds.
From the blog
visit blog ↗HealthX recently published insights on healthcare founder strategy, highlighting how problem understanding and stakeholder mapping drive success, and announced an investment in Root, a functional medicine platform addressing chronic disease through employer partnerships. AI summary
Media · Podcasts & interviews
featuring the teamInvesting in Healthcare Innovation: Insights from HealthX Ventures' Brian Lindstrom
FinStrat Management, Inc. · Brian Lindstrom
Mark Bakken of HealthX Ventures | Carex Case Studies
Carex Consulting Group · Mark Bakken
Co-investors · 3
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Firms observed investing alongside HealthX Ventures, from public investor directories. Shared companies are the overlap with HealthX Ventures's recorded portfolio.
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