/Investors

Heritage Group

Venture capital

Nashville · Seed–Late Stage · 40 people tracked

Also known as HG CAPITAL MANAGEMENT, LLC

Find your way into Heritage Group

1,558 people in our graph share verified history with the Heritage Group team — schools, employers, funds. One of them is your warm intro.

Margaret Gaby Maloneunlockedknows Bryan Bui · together at Oxeon Partners (overlapped)
×2knows the team · via Triage Consulting Group
knows the team · via RedBird Capital Partners
×3knows the team · via Stephens Inc.
×2knows the team · via Pfizer
knows the team · via University of Richmond - Robins School of Business
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Investment thesis

Heritage Group invests in high-growth healthcare companies, drawing on more than 35 years of experience first as entrepreneurs and then as investors. Its differentiated model relies on strategic partners drawn from leading national healthcare organizations who engage across the investment process and provide meaningful value to portfolio companies. The firm emphasizes deep operating roots and long-term partnership with management teams. It also supports health equity and diversity through a partnership with Meharry Medical College, including the Meharry-Heritage Fellowship that engages underrepresented entrepreneurs and students.

Source: firm website, verified Sep 29, 2026.

Stage
Seed–Late Stage
Check
$15M
HQ
Nashville, Tennessee, US
Instruments
Equity
Founded
1986
AUM
$1.2B
Tracked investments
36
Acquisitions
3

Team · 40 people

from the firm's website & curated & public directories
David McClellan· Co-Founderin
Alex Essig· Senior Associatein
Bert Zimmerli· Advisory Board
Casey Santos· Advisory Board
Charlene Frizzera· Advisory Board (In Memoriam)
Derek Chao, MD· Advisory Board
Drew Harmata· Vice President
Florence Chassaignac· Director of Operationsin
Ginger Riser· Staff Accountant
Jerry Knutson· Advisory Board
Joe Sowell· Advisory Board
Kelsey Lantrip· Executive Coordinator
Ken Melkus· Advisory Board
Liz Fowler· Advisory Board
Mona Siddiqui· Advisory Board
Ryan Mooney· Advisory Board
Steve Blumenfield· Advisory Board
Tim Hingtgen· Advisory Board
Travis Messina· Advisory Board
James M Long· Directorin
Franklin Garstin· Senior Associatein

What they invest in

from 18 of 36 portfolio companies

Healthtech ×17Digital Health ×15AI & Machine Learning ×5Medical Devices ×4SaaS ×4Data & Infrastructure ×3Enterprise Software ×3Cloud Computing ×2

HQs:United States×16

Investments · 36 tracked

founders shown can be your intro path
Avasureavasure.comin𝕏

AvaSure provides AI-powered virtual care technology for hospitals and health systems, aimed at protecting staff and improving patient safety and outcomes.

AI & Machine LearningDigital HealthHealthtech

Lisbeth(Chief Clinical Officer)Jacob Hasen(Chief Product and Technology Officer)Greg Heller(Interim CEO and Chief Financial Officer)inJan Mosholt(Chief Growth Officer)in

Co-investorsCorewell Health VenturesHealthX VenturesTundra Angels

Aviacodeaviacode.com

Salt Lake City, US

Lane Monson(Executive Officer)Steve Erickson(Executive Officer)

BoardJesse Bland(Director)David McClellan(Director)Jan Newman(Director)Michael Ramich(Director)

Co-investorsMultiplier Capital

Awarepointinacquired by CenTrak · Jul 2018

Real-time asset tracking and workflow monitoring in healthcare

San Diego, US

Brandon Hull(Director)Timothy Roche(Executive Officer, Director)Terry Linn(Director)Emily Wilson(Executive Officer)Paul Wallace(Director)inDana Mead(Director)

Co-investorsIcon VenturesRex Health VenturesHERITAGE HEALTHCARE INNOVATIONKleiner PerkinsNew Leaf Venture PartnersVenrock

ClearDATAcleardata.comin𝕏

ClearDATA is a cloud security and compliance platform purpose-built for healthcare organizations.

Cloud ComputingCybersecurityDigital HealthHealthtech

Rick Froehlich(President & Chief Executive Officer)inJim Ducharme(Chief Technology Officer)inGregg Bjork(Chief Revenue Officer)inDrew Schaal(Chief Financial Officer)inCarol Boone(Vice President of People)in

Co-investorsExcel Venture ManagementFlare Capital PartnersNorwest Venture PartnersMerck Global Health Innovation FundHLM Venture Partners

Conversio Health, LLCconversiohealth.comin𝕏

Conversio Health provides personalized therapeutics, technologies, and services for patients with chronic respiratory conditions and their caregivers.

AI & Machine LearningBiotechDigital HealthHealthtechMedical DevicesSan Luis Obispo, US

Taylor Cline(Chief Executive Officer)inScott Waddell(Chief Technology Officer)inDylan Herr(Executive Officer)inChristopher Wooley(Executive Officer)Amanda Bringe(Chief Operating Officer)inChristopher Dooley(Chief Growth Officer)in

Co-investorsFirst Trust Capital PartnersFT Openova

Curana Healthcuranahealth.comin

Curana Health provides on-site primary care and value-based care for senior housing residents, operating Accountable Care Organizations (ACOs) and Medicare Advantage Special Needs Plans.

Digital HealthHealthtechLongevity

Dr. Chao(Chief Medical Officer)

Co-investorsCorewell Health VenturesMcKesson VenturesNew Enterprise Associates (NEA)Oak HC/FT

Enlace Healthenlacehealth.comin𝕏

Enlace Health provides a value-based care operating system, proprietary technology platform, and consulting services to help healthcare payors and providers manage specialty value-based care programs.

Data & InfrastructureDigital HealthHealthtechSaaS

Bill Nordmark(President & CEO)inSteve Roberts(Chief Information Officer)Colin Mellon(Chief Revenue Officer)inRobert Ball(General Counsel & Chief Privacy Officer)in

Co-investorsDrive CapitalStartUp Health

Frontier Directfrontierdirect.comin

Frontier provides employers with integrated healthcare solutions including primary care clinics, specialty care coordination with transparent pricing, and discounted medication management.

Digital HealthEnterprise SoftwareHealthtechHR TechTexas, US

Bibb Beale(Founder & Chief Executive Officer)inPeter Lazzopina(MD – Founder & Chief Medical Officer)in

Co-investorsCorewell Health Ventures

Ingenious Med Incingeniousmed.comin𝕏

Ingenious Med provides automated billing and revenue cycle management software for health systems, physician practices, and medical groups.

AI & Machine LearningHealthtechSaaS

Steven Liu(Founder)in

Co-investorsAscension VenturesBIP VenturesCouncilKaiser Permanente Ventures

Lumerelumere.comin𝕏acquired by GHX

Lumere, part of GHX, provides clinically integrated supply chain and value analysis tools that help healthcare providers reduce costs and variation through evidence-based product decisions and analytics.

Cloud ComputingData & InfrastructureEnterprise SoftwareHealthtechSaaSChicago, US

Hani Elias(Executive Officer, Director)inTina Vatanka Murphy(President and CEO)inWill Danford(Executive Officer)inEric Meizlish(Executive Officer, Director)in

BoardJohn R. Burch, Jr.(Director)Bijan Salehizadeh(Director)in

Co-investorsBessemer Venture PartnersCorewell Health VenturesFCA Venture PartnersWaterline Ventures

MDLive, Inc.mdlive.comin

MDLIVE is a telehealth service offering 24/7 virtual medical appointments by phone or video with a national network of board-certified doctors, dermatologists, psychiatrists, and therapists.

Digital HealthHealthtechMental Health

Co-investorsHealth Velocity CapitalPerot JainSixth StreetIndustry VenturesKayne Anderson Capital AdvisorsNovo Holdings

Mindoulamindoula.comin

Mindoula is a population health management company that identifies, engages, and supports people with complex behavioral health, medical, and social needs using a technology suite of data science, psychometrics, predictive analytics, and AI combined with virtual and in-person care teams.

Digital HealthHealthtechMental HealthSilver Spring, US

Steven Sidel(Executive Officer, Director)Greg Couto(Executive Officer, Director)

BoardNavid Farzad(Director)Manish Agarwal(Director)in

Co-investorsEquality Asset ManagementFrist Cressey VenturesAtlantic Vantage Point

Monogram Healthmonogramhealth.comin

Monogram Health is a value-based, in-home multispecialty medical provider focused on nephrology and related chronic conditions, offering care such as in-home dialysis and personalized patient pathways.

Digital HealthHealthtechWellness & FitnessNashville, US

MICHAEL UCHRIN(Executive Officer, Director)inMichael Uchrin(Co-Founder & CEO)inCHRIS CHI(Executive Officer)CHRISTOPHER BOOKER(Executive Officer, Director)

BoardWILLIAM FRIST(Director)inCASPER DE CLERCQ(Director)in

Co-investorsCVS Health VenturesFrist Cressey VenturesNorwest Venture PartnersTPGHumanaPura Vida Investments

Nationwide Medicalnationwidemedical.comin

Nationwide Medical is a respiratory care specialist serving patients with sleep apnea, oxygen therapy, and complex ventilation needs through a nationwide network of licensed respiratory therapists.

Digital HealthHealthtechMedical Devices

Co-investorsCorewell Health VenturesWP Global Partners

Radiology Partnersradpartners.comin𝕏

Radiology Partners is a physician-led national radiology practice that provides diagnostic imaging services and develops AI tools and technology to support radiologists in delivering patient care.

AI & Machine LearningDigital HealthHealthtechMedical DevicesNashville, US

Anthony Gabriel(Executive Officer, Promoter)inRich Whitney(CEO and Co-founder)inJohn Pantazis(Executive Officer)inJamie Larsen(Executive Officer)Krishna Nallamshetty(Executive Officer)inVijay Vaidya(Executive Officer)in

Co-investorsNew Enterprise Associates (NEA)Whistler Capital PartnersQuesta Capital

Reputation Comreputation.comin𝕏

Reputation is a reputation management software platform that analyzes reviews, listings, and surveys to deliver actionable insights for businesses managing their online presence across multiple locations.

Enterprise SoftwareMarketing TechSaaS

Joe Burtonin

Co-investorsAkkadian VenturesAscension VenturesAugust CapitalBessemer Venture PartnersIcon VenturesKickstart+4 more

Scribeamericascribeamerica.comin𝕏

ScribeAmerica provides medical scribe services to physicians and healthcare facilities, deploying professional scribes to assist with electronic medical records documentation and patient care.

AI & Machine LearningDigital HealthHealthtech

Co-investorsHavencrest Capital Management

Shearwater Healthshearwaterhealth.com

Shearwater Health provides Clinical Process Outsourcing (CPO), supplying a global team of clinicians and process experts to support healthcare organizations with clinical decision support and administrative work.

Digital HealthHealthtech

Spero Healthsperohealth.com

Spero Health operates 75+ outpatient clinics in six states providing integrated medication-assisted addiction treatment and recovery support.

Co-investorsFrist Cressey Ventures

Upward Healthupwardhealth.com

Home-based primary and behavioral care provider based in Long Island, NY

Co-investorsCorewell Health VenturesNoro-Moseley PartnersWindham Capital Partners

Valifyvalify.meAcquired

Frisco, Texas healthcare cost-management technology and analytics platform, acquired by HCA Healthcare in January 2020.

Frisco, US

Lester Popiolek(Executive Officer)Matt Clark(Executive Officer, Director)Chris Heckler(Executive Officer, Director)

BoardChris Drake(Director)Chuck Lyles(Director)Christopher Booker(Director)

Co-investors4DX VenturesA15Martin VenturesFrist Cressey Ventures

Vivify Healthvivifyhealth.comin

Vivify Health provides a remote patient monitoring (RPM) platform for healthcare providers and their clients.

Digital HealthHealthtechMedical DevicesPlano, US

Eric Rock(Executive Officer, Director)inEdwin Gillen(Executive Officer)

BoardBrent Burns(Director)David McClellan(Director)Jon Meltzer(Director)Victor Kats(Director)

Co-investorsAscension Ventures

Wellvanawellvana.com

Wellvana is a value-based care enablement company that operates ACOs across MSSP tracks and Medicare Advantage contracts and provides onboarding, clinical support, and the Clarity analytics platform to turn clinical, financial, and social data into care insights.

Data & InfrastructureDigital HealthHealthtechNashville, US

SCOTT LENZ(Executive Officer)IAN KYLE WAILES(Executive Officer, Director)Adam Holland(Executive Officer)in

BoardCharlie Martin(Director)Devin Carty(Director)KAREY WITTY(Director)

Co-investorsCorewell Health VenturesFirst Trust Capital PartnersMartin VenturesOptum VenturesWhistler Capital PartnersWelsh, Carson, Anderson & Stowe

Other

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

AbodeConnections Health SolutionsEquitiEquumExplorysIntralignMedical SolutionsRelodeSharecareSimpleeTwelveStone HealthValence HealthWorkpath

Exits · 3

3 acquisitions · showing 2

Awarepointacq. by CenTrakLumereacq. by GHX

Portfolio news

latest coverage across their companies
HTML Sitemap - Curana Health

Curana Health · curanahealth.com · Nov 18, 2025

Frequently asked questions

How many investments has Heritage Group made?
Heritage Group has 36 tracked investments, 3 of which have exited.
What stage does Heritage Group invest at?
Heritage Group invests at the Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What is Heritage Group's typical check size?
Heritage Group typically writes checks of $15M.
What sectors does Heritage Group focus on?
Heritage Group focuses on Digital Health, Healthtech, Medical Devices.
Where is Heritage Group located?
Heritage Group is headquartered in Nashville, US.

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