Boston · Seed–Late Stage · 31 people tracked
Also known as HLM Investment Partners · HLM MANAGEMENT CO., LLC
Investment thesis
HLM invests exclusively in healthcare, drawing on deep sector expertise to navigate the complex and highly regulated industry. The firm positions itself as a first-call partner for founders, offering guidance on business and financial strategy alongside operational support from its investment team and advisory board. HLM leverages unrivaled access to decision makers across the care continuum through its industry experience and strategic limited partners, helping portfolio executives broaden customer relationships and scale. With roughly 30 years of history seeding and building health tech and services companies, HLM emphasizes hands-on partnership beyond capital, connecting portfolio companies with key leaders and customers.
Source: firm website, verified Aug 3, 2026.
Team · 31 people
from the firm's website & public directories
Founder mafia
The HLM Venture Partners mafia →6 people who came through HLM Venture Partners went on to found or lead other companies.
What they invest in
from 53 of 129 portfolio companiesHealthtech ×50Digital Health ×35SaaS ×16Enterprise Software ×14AI & Machine Learning ×7Mental Health ×7Medical Devices ×4InsurTech ×3
HQs:United States×44
Investments · 129 tracked
founders shown can be your intro pathBy year:2025 · 12024 · 12023 · 42019 · 12017 · 12016 · 22015 · 12014 · 32011 · 216 dated
Teladoc Health operates a virtual care platform connecting patients with care providers for medical care, mental health, and chronic disease management services.
Digital HealthHealthtechMental HealthPurchase, US
Michael King(Executive Officer)inMark Hirschhorn(Executive Officer)inJason Gorevic(Executive Officer, Director)inKevin Williamson(Executive Officer)inAdam Vandervoort(Executive Officer)inDaniel Trencher(Executive Officer)in
Co-investorsCardinal PartnersDria VenturesHarmonic Growth PartnersKleiner PerkinsNew Capital PartnersQuestMark Partners+2 more
Phreesia provides a patient intake and engagement platform with automated tools for registration, insurance verification, appointment access, and payments used by healthcare organizations.
Digital HealthHealthtechSaaSNew York, US
Chaim Indig(Executive Officer, Director)Evan Roberts(Executive Officer)Charles Kallenbach(Executive Officer)inThomas Altier(Executive Officer)inMichael Weintraub(Director)Victor Kats(Director)
Co-investorsAscension VenturesBlue Venture FundsEscalate Capital PartnersLLRLRVHealthVantagePoint Capital Partners
Tandem Diabetes manufactures infusion sets—tubing systems with subcutaneous delivery sites—designed for use with insulin pumps to manage diabetes.
Digital HealthHardwareHealthtechMedical Devices
Advisory Board is a healthcare research and advisory firm that provides insights, research, and guidance to healthcare executives and leaders.
Digital HealthEnterprise SoftwareHealthtechWashington Dc, US
Michael T. Kirshbaum(Executive Officer)Mary D. Van Hoose(Executive Officer)Cormac F. Miller(Executive Officer)Evan R. Farber(Executive Officer)Frank J. Williams(Director)Richard A. Schwartz(Executive Officer)
Board seatPeter Grua· per SEC Form D · $121.2M raise · filed Jan 2015
Co-investorsStorm Ventures
Press Ganey (at binaryfountain.com) offers an AI-powered human experience platform for healthcare providers and health plans, using text mining and analytics to turn patient, member, and employee feedback into insights and action plans.
AI & Machine LearningDigital HealthHealthtechMclean, US
Ravi Goplan(Director)Ramu Potarazu(Executive Officer, Director, Promoter)Jitendra Vyas(Executive Officer, Director)Sundeep Damani(Director)Rahul Prakash(Executive Officer, Director)
Board seatEdward L. Cahill· per SEC Form D
Co-investorsAllumia VenturesEscalate Capital PartnersVoyager Capital
North Miami, US
Carrie Tompkins Stricker(Executive Officer, Director)Madelyn Trupkin Herzfeld(Executive Officer, Director)
BoardWilliam R. Cowen(Director)
Board seatEdward L. Cahill· per SEC Form D
Elligint Health provides Helios, a medical management platform for health plans that automates care management, utilization management, and prior authorization workflows while adding analytics for risk, quality, and cost insights.
Digital HealthHealthtechSaaSPiscataway, US
Sita Kapoor(Executive Officer)ARTHUR KAPOOR(Executive Officer)Ashish Kapoor(Executive Officer, Director)Philip Jacobs(Executive Officer)Shilpa Nayyar(Executive Officer)
Board seatEnrico Picozza· per SEC Form D
Boston, US
Janesse Thaw Bruce(Executive Officer, Director)
BoardWright Steenrod(Director)inGary Kurtzman(Director)Laurie Coots(Director)Eric Schrier(Director)Ted Dacko(Director)
Board seatPeter Grua· per SEC Form D · $1.5M raise · filed Apr 2024
Co-investorsChrysalis Ventures
OnShift provides workforce management and employee engagement software for long-term care, senior living, behavioral health, EMS, and home health providers.
Enterprise SoftwareHealthtechHR TechSaaSCleveland, US
Mark Woodka(Executive Officer, Director)
BoardMichael Stubler(Director)Claiborne Rankin(Director)Jonathan Murray(Director)David Inglis(Director)
Board seatPeter Grua· per SEC Form D
Co-investorsDraper TriangleEarly Stage Partners, LPJumpstart VenturesHealth Velocity Capital
VaxCare operates a platform that automates procurement, inventory management, patient eligibility, charting, and billing for vaccines and contraceptives at medical practices.
Digital HealthHealthtechSaaSOrlando, US
Casey DeLoach(CEO and limited liability company manager)David King(Limited liability company manager)James McGinn(Executive Officer)Jeremy Corbett(Executive Officer)Evan Landis(Executive Officer)Brett Kenefick(Executive Officer)
Board seatPeter Grua· per SEC Form D
Co-investorsEcho Health VenturesOak HC/FTSummit Partners
AbleTo provides in-person and virtual mental health care, including therapy, psychiatry, and medication management for adults, children, and teens dealing with concerns such as anxiety, depression, ADHD, and substance use.
Digital HealthHealthtechMental HealthNew York, US
Michael Laskoff(Executive Officer, Director)Trip HoferinPaul Pieper(Executive Officer)Tom Brennan(Executive Officer)Frank Hunt(Executive Officer)Robert Rebak(Executive Officer, Director)
Co-investors.406 VenturesBlue Venture FundsOptum VenturesValspring CapitalBain Capital VenturesHorizon+1 more
Aktana provides a real-time orchestration platform for pharmaceutical marketing that coordinates digital and field engagement across channels to reach healthcare professionals at optimal times.
AI & Machine LearningEnterprise SoftwareSales TechSan Francisco, US
David J. Ehrlich(Executive Officer, Director)Derek Choy(Executive Officer, Director)Jin Huang(Executive Officer)Rob Willson(Executive Officer)Marc-david Cohen(Executive Officer)
BoardAnthony Glenning(Director)
Co-investorsNorwest Venture PartnersStarfish VenturesTRANSFORMATION CAPITALUpfront VenturesB4 Capital
Array Behavioral Care is a virtual psychiatry and therapy practice that delivers integrated behavioral health services from hospitals to homes.
Digital HealthHealthtechMental Health
Co-investorsCVS Health VenturesFrist Cressey VenturesHypothesisNew Stack VenturesOSF VenturesHyde Park Angels+1 more
Telehealth platform for depression and anxiety
Ascellus Behavioral Health provides evidence-based behavioral health services and psychological evaluations for workers' compensation claims, addressing psychosocial factors that interfere with recovery following physical injury.
Digital HealthHealthtechInsurTechMental Health
Co-investors.406 Ventures
Denver, US
Joseph Jaudon(Executive Officer)John Gobron(Executive Officer, Director)
BoardBrant Heise(Director)Morris Wheeler(Director)Caleb Winder(Executive Officer, Director)Joel Krikston(Director)
Co-investorsMemorialCare Innovation Fund
Eldersburg, US
Kristen Valdes(Executive Officer, Director, Promoter)Philips Johnson(Executive Officer)Leslie Strassberg(Executive Officer)Sheri Kitchin(Executive Officer)Yelena Balin(Executive Officer)
BoardEmma Cartmell(Director)
b.well provides a FHIR-native digital health platform that normalizes and connects healthcare data in real time to support quality measurement, patient engagement, and care access.
Data & InfrastructureDigital HealthHealthtech
Kristen Valdes(Founder)in
Co-investorsBeresford VenturesCartmell VenturesPortfolia
CareBridge provides 24/7 virtual and in-home healthcare services for individuals in home and community settings, serving health plans and their members.
Digital HealthEnterprise SoftwareHealthtech
Co-investorsCVS Health VenturesFrist Cressey VenturesOak HC/FTOptum Ventures
Care Options for Kids provides home care and nursing services for medically fragile and special needs children, serving families seeking professional caregiving support.
B2B MarketplacesDigital HealthHealthtechSocial
Mark Bush(Chief Executive Officer)Diane McCullom(Chief Clinical Officer)Kristian Daniels(Chief Human Resource Officer)inJeff Francis(Chief Information Officer)Eric Welsh(Chief Marketing & Talent Acquisition Officer)Todd Thiede(Chief Financial Officer)
Bedford, US
BoardJesse Hunter(Manager)Michael Neidorff(Manager)Kevin Brown(Manager)Donald Imholz(Manager)Denis Liptak(Manager)Peter Grua(Manager)
Censinet provides risk management solutions for healthcare organizations, built by former healthcare operators and security experts who understand the integrated risks healthcare systems face.
CybersecurityEnterprise SoftwareHealthtechSaaSBoston, US
Co-investorsBallad VenturesExcelerate Health VenturesMemorialCare Innovation FundSchooner CapitalExcel Venture ManagementLRVHealth+1 more
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 Fund
HealthtechIrvine, US
WEI RICHARD DING(Director)ROBERT WESLIE TYSON(Chief Medical Officer)SCOTT R. BURELL(Chief Financial Officer, Secretary and Treasurer)ROBERT HOFFMAN(Director)R. JUDD JESSUP(Chairman of the Board)SCOTT GOTTLIEB, M.D.(Director)
Co-investorsAscension VenturesSV Health Investors
Covetrus provides a practice improvement platform for veterinary clinics, offering practice management software, payment processing, diagnostics, prescription and online pharmacy management, client communications, and supply/distribution services.
E-commerceEnterprise SoftwareHealthtechSaaSPortland, US
Christine T Komola(Executive Officer)David E Shaw(Director)Russell Cooke(Executive Officer)Anthony Providenti(Executive Officer)Georgina Wraight(Executive Officer)David Christopher Dollar(Executive Officer)
Co-investorsTPGValspring Capital
HealthtechLa Jolla, US
Steven Kemper(Executive Officer)John Dobak, M.D.(Executive Officer, Director)Michael Willis(Executive Officer)
BoardGary Jacobs(Executive Officer, Director)Gene Salkind, M.D.(Director)Scott Pancoast(Director)
Availity is a healthcare network platform that processes eligibility, authorizations, claims, and payment transactions for providers, payers, and healthcare IT vendors.
AI & Machine LearningEnterprise SoftwareHealthtechFarmington, US
John D'Amore(Executive Officer, Director, Promoter)Eric Rosow(Executive Officer, Director, Promoter)Russ ThomasinRichard Dumler(Director)
BoardMatthew D. Storeygard(Director)in
Co-investorsExcelerate Health VenturesLRVHealthActivate Venture PartnersConnecticut InnovationsOptum Ventures
Edison, US
Adam Sabloff(Director)Sumesh P. Poyil(Executive Officer)Chris Caramanico(Executive Officer, Director)
BoardEnrico Picozza(Director)Steven Tolle(Director)Michael Ludwig(Director)
Co-investorsEdison PartnersHLM Strategic Investment
Exact Sciences develops diagnostic tests for cancer, including tests that assess hereditary risk, screen for the presence of cancer, and analyze the genomic alterations of a diagnosed cancer to inform treatment decisions.
BiotechHealthtechMedical Devices
Co-investorsPetri
Fuze Health operates a unified digital healthcare platform spanning digital pharmacy (FuzeRx), clinical services such as diagnostics, screening and genetics (Fuze Services), and data and technology tools (Fuze Technologies).
AI & Machine LearningDigital HealthHealthtechSaaS
Co-investorsIllumina VenturesK2 HealthVenturesOlive Tree CapitalSoftBank Vision FundTowerBrook
HarmonyCares provides in-home primary care services for vulnerable and complex patients who have difficulty accessing traditional healthcare settings.
Digital HealthHealthtechMedical DevicesDetroit, US
Matthew ChanceinMatt
Co-investorsK2 HealthVenturesMcKesson VenturesOak HC/FT
Hazel Health operates a school-based telehealth platform that connects students with licensed clinicians for healthcare services.
Digital HealthEdTechHealthtech
Co-investorsOwl Ventures
HealthEdge provides cloud-based core administrative processing systems and digital engagement solutions for health plans and insurance companies.
Enterprise SoftwareHealthtechInsurTechSaaSBurlington, US
Robert Gillette(Executive Officer, Director)Kevin Adams(Chief Executive Officer)Matt McLaughlin(Chief Financial Officer)Chris Conte(Chief Revenue Officer)Raj Sundar(Chief Strategy Officer)Laura Hancock(Chief Customer Officer)
Co-investorsBlue Venture FundsCoatue ManagementGolub Growth
HealthtechCottonwood Heights, US
Howard C Young(Executive Officer, Director)Allison K Robbins(Executive Officer, Director)
InnovaCare Health provides community-based healthcare services with caregivers who deliver personalized primary care and coordinate mental and emotional health support.
Digital HealthHealthtech
Co-investorsSummit Partners
Leon Medical Centers operates healthcare centers for Medicare recipients in Miami-Dade County, coordinating primary care and specialist services for patients enrolled in Medicare Advantage plans.
Digital HealthHealthtechMiami, US
Co-investorsSummit Partners
Needham, US
Benjamin Gardner(Executive Officer, Director, Promoter)Gregg Michaelson(Executive Officer, Director)
BoardAlex Finkelstein(Director)Albert Wiegman(Director)Peter Grua(Director)Jamie Egasti(Director)
Main Street partners with rural healthcare providers—including private practices, rural health clinics, critical access hospitals, and community health centers across rural America—to help them operate in a value-based care model.
Digital HealthHealthtech
Co-investorsCVS Health VenturesEcho Health VenturesFrist Cressey VenturesOak HC/FTOptum VenturesLRVHealth
HealthtechSan Francisco, US
Derek MacNeil(Director of Technical Operations & Customer Support)Cleon Wood-Salomon(Director of Product Management)Allan Swenson(Director, Field Operations)Jordan Halter(VP of Business Development)Gary Pacheco(Director of Engineering)Jonathan Darer(Chief Medical Officer)
Co-investorsChrysalis Ventures
mPulse combines technology with healthcare expertise to deliver outcomes for its partners, working with organizations such as health plans that manage care for vulnerable populations.
Digital HealthEnterprise SoftwareHealthtechSanta Monica, US
Gregory Goldner(Executive Officer, Director)Chelsea Krost(Executive Officer, Director)
Co-investorsBonfire VenturesEcho Health VenturesOCA VenturesOptum VenturesSJF VenturesValspring Capital+1 more
MyTown Health Partners partners with healthcare providers to expand access to high-quality care for medically underserved communities in rural, urban, and de-industrialized areas of the United States.
Digital HealthHealthtechMental Health
Matthew Flynn(Chief Executive Officer)Alexis Barbour(Chief Development Officer)Gonzalo Elorza(Chief Financial Officer)
Co-investorsWebster Equity Partners
NeuroFlow builds behavioral health integration platforms that identify population behavioral health risk, engage individuals with acuity-specific resources, and give care teams data to make decisions.
AI & Machine LearningDigital HealthHealthtechMental HealthPhiladelphia, US
Christopher Molaro(Co-founder & CEO)inAdam Pardes(Co-founder)inAlan Wayne Tamarelli(Director)
Co-investorsCorewell Health VenturesEcho Health VenturesMemorialCare Innovation FundRed & Blue VenturesBen Franklin Technology PartnersChestnut Street Ventures
Nordic is a healthcare technology consulting firm that helps healthcare organizations solve data fragmentation, workforce capacity challenges, cost pressures, operational bottlenecks, and technology gaps.
Enterprise SoftwareHealthtechMadison, US
Co-investorsKaiser Permanente Ventures
Oceans Healthcare operates behavioral and mental health hospitals and outpatient programs, offering inpatient, intensive outpatient, virtual, and specialty treatment for adults, older adults, adolescents, veterans, and first responders.
Digital HealthHealthtechMental Health
Co-investorsM33 GrowthValspring Capital
PayMedix simplifies healthcare payments by paying providers in full for allowed in-network claims and streamlining patient billing, improving access to care regardless of financial status.
Digital HealthEnterprise SoftwareFintechHealthtech
Tom Policelli(Chief Executive Officer)Brian Marsella(President)
Digital HealthFintechHealthtech
Co-investorsABS Capital PartnersValspring Capital
Radianse provides IoT solutions using location-tracking ID tags, cloud-based software, rule-based alerts, and analytics to monitor assets, equipment, and people.
HealthtechIoTSaaS
Co-investorsAscension Ventures
Nashville, US
Cory Brown(Executive Officer, Director)Lauren Smith(Executive Officer, Director)
BoardBret Jackson(Director)
RubiconMD provides a configurable virtual consultation platform that connects primary care providers with board-certified specialists across multiple specialties to improve patient access to specialty care.
Digital HealthHealthtechSaaS
Carlos Reines(Founder)inGil Addo(Founder & CEO)in
Co-investorsFCA Venture PartnersMetaplanetMundi VenturesOptum VenturesParameter VenturesTau Ventures+1 more
ShiftKey operates a marketplace connecting licensed, credentialed healthcare professionals with facilities across the US, letting professionals bid on shifts and get paid after work logs are approved.
Future of WorkHealthtechMarketplaces
Co-investorsAea InvestorsACE & CompanyHealth Velocity Capital
Co-investorsSV Health Investors
HealthtechNatick, US
Lawrence Jasinski(Executive Officer, Director)
BoardJoseph Ciffolillo(Director)Al Wiegman(Director)John Corcoran(Director)
HealthtechSunnyvale, US
Thomas Afzal(Executive Officer, Director)
BoardPeter van der Velden(Director)David Milne(Director)Dan Galles(Director)Mark Brooks(Director)Richard Ferrari(Director)
Co-investorsLumira VenturesSV Health InvestorsSV Life Sciences
Tebra provides an all-in-one operating system for independent healthcare practices, combining EHR, medical billing, patient payments, and practice management tools.
Digital HealthEnterprise SoftwareHealthtechSaaS
Co-investorsGolub GrowthToba CapitalVivo Capital
Unified Growth Partners helps eligible consumers secure health insurance and related products through a tech-enabled platform that connects consumers, agents, payors, and providers.
AI & Machine LearningHealthtechInsurTechSaaS
Patrick O'Toole(Chief Executive Officer)Dan Maltese(Chief Operating Officer)Hafize Chudleigh(Chief Financial Officer)
An Italian-language affiliate guide that reviews and ranks non-AAMS online casinos (foreign-licensed gambling sites) accessible to Italian players, comparing bonuses, game catalogs, payment methods, and licensing.
ConsumerGamingMedia & EntertainmentBridgewater, US
William Duke(Executive Officer)Kristine Peterson(Executive Officer, Director)
BoardDaniel Pelak(Director)Sean Traynor(Director)Ittai Harel(Director)Paul Queally(Director)
Co-investorsAgate Medical Investments LPKaiser Permanente VenturesAbingworthMPM BioImpactPitangoWelsh, Carson, Anderson & Stowe
Offers comprehensive development, implementation, and management solutions for radiation oncology
Co-investorsCamden Partners
Vida Health delivers personalized, human-centered digital health care addressing both physical and mental health.
Digital HealthHealthtechSaaSSan Francisco, US
Joe Murad(CEO)Mike Rolla
BoardRichard Frank
Co-investorsAlly Bridge GroupAspect VenturesCanvas VenturesGeneral AtlanticOwl CapitalWebb Investment Network+4 more
VivaMás Medical Centers operates medical facilities for elderly communities, providing comprehensive healthcare services with emphasis on personalized care.
Digital HealthHealthtechWellness & Fitness
Wayspring provides healthcare management and engagement services for individuals with substance use disorder and serious mental illness, serving health plans and their provider networks.
Digital HealthEnterprise SoftwareHealthtech
Co-investors.406 VenturesCVS Health VenturesOak HC/FT
Yuvo Health provides software and business services to help community health centers operate more effectively within value-based care models.
Digital HealthEnterprise SoftwareHealthtechSaaSNew York, US
Cesar Herrera(Chief Executive Officer and Co-Founder)inJanel Sia(Chief Strategy Officer and Co-Founder)Stephanie Hudson(Executive Officer, Director)
BoardFatima Husain(Director)inBrenton Fargnoli(Director)inJoseph Mayer(Director)in
Co-investorsAlleyCorpAV8 VenturesGreyMatterLifeX VenturesMastryMosaic General Partnership, LLC+3 more
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.
Exits · 4
IPOs and acquisitions across the tracked portfolioHealthcare AquiredNYSE: TDOCPhreesiaNYSE: PHRTandem Diabetes Care, Inc.NASDAQ: TNDMPaySpanacq. by Zelis
Portfolio news
latest coverage across their companies
Covetrus · foxnews.com · Aug 23, 2026
Wedgewood · san.com · Aug 20, 2026
Phreesia · mychesco.com · Aug 17, 2026
Healthcare Aquired · kalkinemedia.com · Jul 17, 2026
ClearDATA · funderintel.com · Jul 16, 2026
Aktana · funderintel.com · Jul 16, 2026
HealthEdge · siliconangle.com · Jun 25, 2026
Frequently asked questions
- How many investments has HLM Venture Partners made?
- HLM Venture Partners has 127 tracked investments, 1 of which have exited via acquisition or IPO, including 1 dated in the last 24 months.
- What stage does HLM Venture Partners invest at?
- HLM Venture Partners invests at the Seed, Series A, Series B, Series C, Growth, Late Stage stages.
- What is HLM Venture Partners's typical check size?
- HLM Venture Partners typically writes checks of $3M – $5M.
- What sectors does HLM Venture Partners focus on?
- HLM Venture Partners focuses on Biotech, Digital Health, Healthtech, Medical Devices, Mental Health.
- Where is HLM Venture Partners located?
- HLM Venture Partners is headquartered in Boston, US.
- Does HLM Venture Partners lead rounds?
- Yes, HLM Venture Partners leads investment rounds.
- Who does HLM Venture Partners co-invest with?
- HLM Venture Partners most often shares deals with Oak HC/FT, Optum Ventures, CVS Health Ventures, among 85 tracked co-investors.
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