/Investor DB

HLM Investment Partners

Venture capitalActively deployingoperating company · company profile

Waltham · Series A–Growth · 35 people tracked

Also known as HLM · HLM MANAGEMENT CO., LLC · HLM Venture Partners

Find your way into HLM Investment Partners

Sign up to see every warm intro you have to HLM Investment Partners

  • Paths you didn't know you had: your email and LinkedIn already hold routes to the HLM Investment Partners team. We find them for you
  • 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
  • Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone

Days of research, done the moment you sign in, with every route ranked by how warm it is.

✨ Fox Verdict
Sign up to see your fit

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 Sep 27, 2026.

Stage
Series A–Growth
Check
$3M – $5M
HQ
Waltham, Massachusetts, US
Leads rounds
Leads
Instruments
Equity
Founded
1996
AUM
$411.4M
Tracked investments
139
Unicorns
2
IPOs
4
Acquisitions
5

Team · 35 people

from the firm's website & curated & public directories

9 people who came through HLM Investment Partners went on to found or lead other companies.

What they invest in

from 62 of 139 portfolio companies

Healthtech ×56Digital Health ×39SaaS ×21Enterprise Software ×17AI & Machine Learning ×8Mental Health ×7Medical Devices ×6InsurTech ×3

HQs:United States×56Canada×1

Who they back

founder profiles across 19 portfolio companies
47%
solo founders
9 of 19 mapped founding teams
0%
repeat founders
of 11 founders with career history
~3.5 yrs
old at investment
median across 14 dated deals

Founding team size:solo founder×92 founders×83 founders×14+ founders×1

Where their founders worked beforefrom 11 founders with career history

Harvard Business School ×2

Investments · 139 tracked

founders shown can be your intro path

By year:2025 · 12024 · 22023 · 42022 · 42021 · 12020 · 22019 · 12017 · 22016 · 42015 · 32014 · 52011 · 231 dated

Evolent Healthevolent.comNYSE: EVHOct 2021SEC filingmedium confidence

Evolent provides specialty and primary care solutions across oncology, cardiology, musculoskeletal, radiology, and administrative services to help health plans improve care outcomes and affordability for members.

Digital HealthHealthtechArlington, US

Seth Blackley(Executive Officer, Director)inFrank Williams(Director)inJONATHAN WEINBERG(Executive Officer)Thomas Peterson(Executive Officer)Dan McCarthy(President)Mario Ramos(Chief Financial Officer)

Board seatPeter Grua· per SEC Form D · $65M raise · filed Oct 2021

Co-investorsSilver Lake PartnersTPG

Phreesiaphreesia.comin𝕏NYSE: PHROct 2014

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)inCharles Kallenbach(Executive Officer)inThomas Altier(Executive Officer)inBalaji Gandhi(Chief Financial Officer)inDavid Linetsky(President, Network Solutions)in

Co-investorsAscension VenturesBlue Venture FundsEscalate Capital PartnersLLRLRVHealthVantagePoint Capital Partners

Tandem Diabetes Care, Inc.tandemdiabetes.comNASDAQ: TNDM

Tandem Diabetes manufactures infusion sets—tubing systems with subcutaneous delivery sites—designed for use with insulin pumps to manage diabetes.

Digital HealthHardwareHealthtechMedical Devices

Kim BlickenstaffinJohn Sheridan(President, Chief Executive Officer)inRick Carpenter(Executive Vice President and Chief Technology Officer)inElizabeth Gasser(Executive Vice President and Chief Strategy and Product Officer)inShannon Hansen(Executive Vice President, Chief Legal, Privacy & Compliance Officer and Secretary)inJean-Claude Kyrillos(Executive Vice President, Chief Operating Officer)

Co-investorsDomain Associates

Teladoc Healthteladoc.comin𝕏NYSE: TDOC

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 PerkinsMcKesson VenturesNew Capital Partners+3 more

Advisoryadvisory.cominJan 2015SEC filingmedium confidence

Advisory Board provides healthcare consulting and research services that transform complex healthcare challenges into actionable insights for clinical and administrative leaders within healthcare organizations.

Digital HealthEnterprise SoftwareHealthtechWashington Dc, US

Michael T. Kirshbaum(Executive Officer)inMary D. Van Hoose(Executive Officer)Cormac F. Miller(Executive Officer)inEvan R. Farber(Executive Officer)inFrank J. Williams(Director)inRichard A. Schwartz(Executive Officer)in

Board seatPeter Grua· per SEC Form D · $121.2M raise · filed Jan 2015

Co-investorsStorm Ventures

Binary Fountainbinaryfountain.comin𝕏Jul 2017

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

CAREVIVE SYSTEMS INCcarevive.comOct 2016

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

Healthechealthec.comin𝕏Sep 2023

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)inARTHUR KAPOOR(Executive Officer)Ashish Kapoor(Executive Officer, Director)Philip Jacobs(Executive Officer)Shilpa Nayyar(Executive Officer)in

Board seatEnrico Picozza· per SEC Form D

Onshiftonshift.cominMar 2016

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)in

BoardMichael Stubler(Director)Claiborne Rankin(Director)Jonathan Murray(Director)David Inglis(Director)

Board seatPeter Grua· per SEC Form D

Co-investorsDraper TriangleEarly Stage Partners, LPHealth Velocity CapitalJumpstart Ventures

VaxCarevaxcare.comJun 2025

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)inDavid 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

AbleToableto.comAug 2017

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 VenturesBain Capital VenturesBlue Venture FundsOptum VenturesValspring CapitalHorizon+1 more

Aktanaaktana.comin

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(Founder)inJin Huang(Executive Officer)Rob Willson(Executive Officer)Marc-david Cohen(Executive Officer)

BoardAnthony Glenning(Director)

Co-investors1315 CapitalNorwest Venture PartnersStarfish VenturesTRANSFORMATION CAPITALUpfront VenturesB4 Capital

Arrayarraybc.comin

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

ArroHealtharrohealth.comAcquired

ArroHealth provided medical record retrieval, coding, and analytics services that helped health plans manage risk-adjustment and HEDIS reporting for Medicare Advantage, commercial, and Medicaid populations.

Co-investorsBlue Venture FundsNew Mountain Capital

Ascellusascellus.cominNov 2023 · $5.3M

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

bwellicanbwell.comin𝕏

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 HealthHealthtechEldersburg, US

Kristen Valdes(Founder)inPhilips Johnson(Executive Officer)inLeslie Strassberg(Executive Officer)inSheri Kitchin(Executive Officer)Yelena Balin(Executive Officer)in

BoardEmma Cartmell(Director)

Co-investorsBeresford VenturesCartmell VenturesPortfolia

Care Options for Kidscareoptionsforkids.comin

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)inDiane McCullom(Chief Clinical Officer)inKristian Daniels(Chief Human Resource Officer)inJeff Francis(Chief Information Officer)Eric Welsh(Chief Marketing & Talent Acquisition Officer)inTodd Thiede(Chief Financial Officer)

Carebridgecarebridgehealth.comJun 2022Acquired

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 VenturesGV (Google Ventures)Oak HC/FTOptum Ventures

Censinetcensinet.cominJan 2023 · $9M

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

Ed Gaudet(Founder)inCambrey Warein

Co-investorsBallad VenturesExcelerate Health VenturesMemorialCare Innovation FundSchooner CapitalExcel Venture ManagementLRVHealth+1 more

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)inAaron Gani(Founder)

Co-investorsExcel Venture ManagementFlare Capital PartnersMerck Global Health Innovation FundNorwest Venture PartnersHeritage GroupMSD Global Health Innovation Fund

Covetruscovetrus.cominFeb 2019Acquired

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)inDavid E Shaw(Director)Russell Cooke(Executive Officer)Anthony Providenti(Executive Officer)Georgina Wraight(Executive Officer)David Christopher Dollar(Executive Officer)

Co-investorsTPGValspring CapitalViking GlobalWellington Management

Diameter Healthavaility.comin𝕏Acquired

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-investorsConnecticut InnovationsExcelerate Health VenturesLRVHealthActivate Venture PartnersOptum Ventures

Exact Sciencesexactsciences.comin𝕏

Exact Sciences develops molecular diagnostic tests for cancer screening and detection, including multitarget stool DNA testing for colorectal cancer and multigene assays for breast cancer recurrence.

BiotechDigital HealthHealthtechMedical Devices

Kevin Conroy(CEO)in

Co-investorsPetri

First Insightfirstinsight.comin

First Insight provides an AI-powered decision platform for retailers, brands, and manufacturers, using consumer feedback and predictive analytics to guide product design, merchandising, assortment planning, pricing, and supply chain decisions.

AI & Machine LearningRetail TechSaaSSewickley, US

Gregory J. Petro(Executive Officer, Director)Matthew Marshall(Executive Officer)James Maloney(Executive Officer)in

BoardRichard Marcus(Director)Joel Adams(Director)

Co-investorsAdams Capital ManagementEscalate Capital PartnersUpdata Partners

Fuze Healthfuzehealth.comin

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-investorsFJ LabsIllumina VenturesK2 HealthVenturesOlive Tree CapitalQiming Venture Partners USASoftBank Vision Fund+2 more

Harmony Caresharmonycares.comin

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-investorsGeneral CatalystK2 HealthVenturesMcKesson VenturesOak HC/FT

Hazelhazel.coin𝕏Oct 2022

Hazel Health operates a school-based telehealth platform that connects students with licensed clinicians for healthcare services.

Digital HealthEdTechHealthtech

Co-investorsBain Capital VenturesOwl VenturesFirework VenturesHopelabUprising

Hazelhellohazel.comOct 2022

Hazel makes disposable, leakproof briefs designed to look and feel like regular underwear for people experiencing urinary incontinence, including women postpartum.

ConsumerDirect to ConsumerFemTechWellness & Fitness

Co-investorsBAM VenturesBroad Street AngelsEntrepreneurs Roundtable Accelerator (ERA)H Venture PartnersOvereasy VenturesBain Capital+6 more

HealthEdgehealthedge.comin𝕏

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)inMatt McLaughlin(Chief Financial Officer)inChris Conte(Chief Revenue Officer)inRaj Sundar(Chief Strategy Officer)inLaura Hancock(Chief Customer Officer)in

Co-investorsBlue Venture FundsCoatue ManagementGolub GrowthGE VenturesSandbox Industries

Imagine Health, Inc.inJun 2014

HealthtechCottonwood Heights, US

Howard C Young(Executive Officer, Director)inAllison K Robbins(Executive Officer, Director)in

InnovaCare Healthinnovacarehealth.comin

InnovaCare operates a network of 40 medical clinics across Florida and Texas, delivering physician-led care combined with technology to serve patients within managed care and Medicare Advantage environments.

Digital HealthHealthtechCalifornia, US

Richard Shinto(Chairman and CEO)

Co-investorsSummit Partners

Kareokareo.comin𝕏

Tebra provides an integrated electronic health record and medical billing platform for independent healthcare practices, including EHR tools, claims management, patient payments, and scheduling capabilities.

Digital HealthEnterprise SoftwareHealthtechSaaSIrvine, US

DANIEL RODRIGUES(Executive Officer, Director)JIM LIM(Director)PERRY WALLACK(Director)MICHAEL MATLY(Director)ROB REID(Director)DAVID COZZENS(Director)

Co-investorsEscalate Capital PartnersGolub GrowthSaints CapitalGreenspring AssociatesMontreux Equity PartnersSilver Lake Partners+3 more

Leon Medical Centersleonmedicalcenters.com𝕏

Leon Medical Centers is a healthcare services provider operating eight medical centers in Miami-Dade County, serving Medicare patients with primary care, specialty care, and on-site diagnostic and pharmaceutical services.

Digital HealthHealthtechMedical DevicesMiami, US

Benjamín León, Jr.(Founder & Leader)

Co-investorsSummit Partners

Linkwellhealthlinkwellhealth.com

Linkwell Health provides a personalized member engagement platform that delivers targeted journeys across email, SMS, and social channels to guide members toward high-value actions within health plans.

Digital HealthHealthtechMarketing TechSaaS

Nathan Adams(Chief Executive Officer and President)

Main Street Healthmainstreetruralhealth.comin

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 VenturesHumana+1 more

Mpulsempulse.comin𝕏Oct 2014

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

Mytownhealthpartnersmytownhealthpartners.comin

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

NeuroFlowneuroflow.comin𝕏

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 VenturesDreamit VenturesEcho Health VenturesFirst Trust Capital PartnersJumpStart New Jersey Angel NetworkMemorialCare Innovation Fund+4 more

Nordicwinordicwi.com𝕏

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 Healthcareoceanshealthcare.comin

Oceans Healthcare operates behavioral health hospitals and programs for patients of all ages, with a centralized support model based in Texas.

Digital HealthHealthtechMental HealthPlano, US

Stuart Archer(CEO)

Co-investorsM33 GrowthValspring Capital

Paymedixpaymedix.comin

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)inBrian Marsella(President)in

Co-investorsSV Health Investors

PaySpanpayspan.comin𝕏Aug 2015acquired by Zelis

Zelis provides software platforms for healthcare payers, providers, and members to optimize claims management, payment processing, and care network management.

Digital HealthEnterprise SoftwareFintechHealthtechSaaSJacksonville, US

Rex Adams(Executive Officer, Director)Reese Porter(Executive Officer)

BoardCalbraith Wheaton(Director)Timothy Weglicki(Director)Yumin Choi(Director)in

Co-investorsABS Capital PartnersValspring Capital

Persiviapersivia.com

Persivia provides a digital health operating platform that unifies fragmented patient data from multiple healthcare sources and applies AI-driven workflows to help healthcare organizations improve outcomes and reduce costs across the care continuum.

AI & Machine LearningDigital HealthSaaS

Radianseradianse.comin𝕏

Radianse provides IoT and cloud-based software solutions for fitness centers to monitor facility operations, track equipment and amenities, and optimize member experience through real-time data and occupancy insights.

Cloud ComputingEnterprise SoftwareGovTechHealthtechIoTSaaSDurham, US

Co-investorsAscension Ventures

RUBICON MDrubiconmd.comin𝕏Feb 2020

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 HealthHealthtechSaaSNew York, US

Carlos Reines(Founder)inGil Addo(Founder & CEO)inGilbert Addo(Executive Officer, Director)

BoardRajeev Singh-Morales(Director)Laura Veroneau(Director)Enrico Picozza(Director)

Co-investorsAlumni VenturesFCA Venture PartnersMetaplanetMundi VenturesOptum VenturesParameter Ventures+3 more

ShiftKeyshiftkey.comin𝕏

ShiftKey operates a digital marketplace connecting licensed healthcare professionals directly with facilities such as hospitals, clinics, and senior care communities for shift-based work, offering an alternative to traditional staffing agencies and scheduling practices.

Future of WorkHealthtechMarketplacesDallas, US

Matt Creason(Founder)inTom Ellis(Founder)in

Co-investorsAea InvestorsACE & CompanyHealth Velocity Capital

Spinal Kineticsspinalkinetics.comin

HealthtechSunnyvale, US

Thomas Afzal(Executive Officer, Director)

BoardPeter van der Velden(Director)inDavid Milne(Director)Dan Galles(Director)Mark Brooks(Director)Richard Ferrari(Director)

Co-investorsLumira VenturesSV Health InvestorsSV Life Sciences

Tebra Technologies (FKA Kareo)tebra.comin𝕏

Tebra provides an all-in-one operating system for independent healthcare practices, combining EHR, medical billing, patient payments, and practice management tools.

Digital HealthEnterprise SoftwareHealthtechSaaSCorona Del Mar, US

Co-investorsGolub GrowthToba CapitalVivo Capital

Unifiedgrowthpartnersunifiedgrowthpartners.com

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)

Valeritasvaleritas.cominJun 2014

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)inKristine Peterson(Executive Officer, Director)

BoardDaniel Pelak(Director)Sean Traynor(Director)Ittai Harel(Director)inPaul Queally(Director)

Co-investorsAgate Medical Investments LPKaiser Permanente VenturesAbingworthMPM BioImpactPitangoWelsh, Carson, Anderson & Stowe

Vericarein

HealthtechSan Diego, US

Cindy J Watson(Executive Officer, Director)inBennett O Voit(Executive Officer)inTom Robbins(Executive Officer, Director)

BoardTom Cooper(Director)Gary Kagan(Director)Enrico Picozza(Director)

Vets First Choicevetsfirstchoice.comin

Covetrus provides software and pharmacy solutions for veterinary practices, including an integrated platform that manages prescription workflows, online pharmacy storefronts with home delivery, and compounded medication services.

HealthtechMedical DevicesSaaS

Co-investorsHarbor Light Capital PartnersMountain Group CapitalBorealis VenturesClayton Dubilier & RiceRock Springs CapitalSequoia Heritage+1 more

Vida Healthvida.comin𝕏

Vida Health delivers personalized, human-centered digital health care addressing both physical and mental health.

Digital HealthHealthtechSaaSSan Francisco, US

Joe Murad(CEO)Mike Rollain

BoardRichard Frank

Co-investorsAlly Bridge GroupAspect VenturesCanvas VenturesGeneral AtlanticNGP CapitalOwl Capital+7 more

Vivamasmedicalcentervivamasmedicalcenter.comin

VivaMás Medical Centers operates medical facilities for elderly communities, providing comprehensive healthcare services with emphasis on personalized care.

Digital HealthHealthtechWellness & Fitness

Wayspringwayspring.comin

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/FTUBS

Wedgewoodwedgewood.comin

Wedgewood is the largest compounding pharmacy in the U.S. that exclusively serves animal health, preparing individualized medications for veterinarians and animal caregivers.

Digital HealthHealthtechMedical DevicesSwedesboro, US

Welltokwelltok.comOct 2016 · $33.7M

Welltok is an enterprise SaaS platform that enables health plans, employers, providers, and public entities to deliver personalized health improvement resources and incentivize consumer engagement for better health outcomes.

Digital HealthHealthtechSaaSDenver, US

Bob Fabbio(Executive Officer, Director)James J. Sullivan(Executive Officer)Jeffrey H Margolis(Director)Jeff Cohen(Founder)

BoardMohamad Makhzoumi(Director)Nina Kjellson(Director)

Co-investorsBessemer Venture PartnersEmergence Capital PartnersFlare Capital PartnersFlybridge Capital PartnersMiramar Venture PartnersNew Enterprise Associates (NEA)+5 more

Yuvoyuvohealth.comJun 2023 · $20.2M

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+5 more

Other

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

Aventura HQ, Inc.Elligint Health, Inc.New Life SolutionActamedActamed / Healtheon CorporationAmerican WholeHealth, Inc.Animas CorporationAperio Technologies, Inc.Aperture Credentialing, Inc.Array Behavioral CareAspect Medical Systems, Inc.BenefitPoint, Inc.Casenet, Inc.Cbr Systems, Inc.Change Healthcare CorporationChannelpoint, Inc.Circe Biomedical, Inc.CombiMatrix CorporationConfluent Surgical, Inc.CorSolutions Medical, Inc.Daou Systems, Inc.DermTech, Inc.DiameterhealthFamilymeds Group, Inc.Fieldglass, Inc.Fuze Health (fka LetsGetChecked)GTESS CorporationGuava Technologies, Inc.Hazel Health, Inc.Healtheon CorporationHealthVISION, Inc.InnovaCareInsight Regroup Holdings, Inc.IntelliDx, Inc.Interlace Medical, Inc.Journey Health, Inc.Linkwell Health, Inc.Main Street Rural, Inc.Manorhouse Retirement Centers, Inc.Medicalis CorporationMediVation, Inc.MedOptionsMedPartners, Inc.MedventivemeQuilibriumMyTown Health PartnersMyTown Health Partners Parent, LPNavix Radiology Systems, Inc.Nordic ConsultingNordic Consulting Partners, Inc.OceansPaidos Health Management Services, Inc.Pathway Medical Technologies, Inc.PatientPopPersivia Holding Inc.Phase Forward IncorporatedPointshare CorporationPrism Education Group, Inc.RedBrick Health CorporationRegional Pathology LaboratoriesRSV QOZB LTSS, Inc.Sanovia CorporationSatiety, Inc.Seahorse Bioscience, Inc.Sedona Healthcare Group, Inc.SensAble Technologies, Inc.Socios Mayores en SaludSolace Healthcare Holdings, LPSoteira, Inc.Spinal Concepts, Inc.Symbion, Inc.Tebra Technologies, Inc.Teladoc, Inc.The TriZetto Group, Inc.Thomas, Thomas & Walsh, Inc.Transcend Medical, Inc.TYRX, Inc.Vantage Oncology, LLCVidaW3Health Corp.

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 · 9

4 IPOs · 5 acquisitions · showing 5

Evolent HealthNYSE: EVHPhreesiaNYSE: PHRTandem Diabetes Care, Inc.NASDAQ: TNDMTeladoc HealthNYSE: TDOCPaySpanacq. by Zelis

Portfolio news

latest coverage across their companies
Jeff Williams | Ascellus

Ascellus · ascellus.com · Apr 29, 2026

Frequently asked questions

How many investments has HLM Investment Partners made?
HLM Investment Partners has 139 tracked investments, 9 of which have exited, including 2 dated in the last 24 months.
What stage does HLM Investment Partners invest at?
HLM Investment Partners invests at the Series A, Series B, Series C, Growth stages.
What is HLM Investment Partners's typical check size?
HLM Investment Partners typically writes checks of $3M – $5M.
What sectors does HLM Investment Partners focus on?
HLM Investment Partners focuses on Biotech, Digital Health, Healthtech, Medical Devices, Mental Health.
Where is HLM Investment Partners located?
HLM Investment Partners is headquartered in Waltham, US.
Does HLM Investment Partners lead rounds?
Yes, HLM Investment Partners leads investment rounds.
Who does HLM Investment Partners co-invest with?
HLM Investment Partners most often shares deals with Oak HC/FT, Optum Ventures, Valspring Capital, among 112 tracked co-investors.

Images

HLM Investment Partners photo

Similar investors

Featured in lists