HLM Venture Partners
Growth equitySeed–Late Stage · 31 people tracked
Investment thesis
HLM invests in breakout healthcare companies demonstrating traction at inflection points, seeking capital-efficient, patient-centric, technology-enabled businesses led by strong management teams in large, fragmented markets. The firm focuses on companies addressing barriers to healthcare access and quality, capitalizing on trends including value-based care adoption, digital mental health demand, multi-modal patient communication, and healthcare provider stress. The firm provides growth capital to help companies achieve rapid scaling and may facilitate founder liquidity.
Source: firm website, verified Jul 21, 2026.
Team · 31 people
from the firm's websiteHealthcare venture capital and investment banking veteran who joined HLM as Partner in 2000. Founded Cahill, Warnock & Company and previously led healthcare coverage at Alex. Brown & Sons, where he underwrote over 200 public offerings and merger transactions for pioneering healthcare and life sciences companies.
Life sciences veteran with over 30 years commercializing disruptive technologies. Serial entrepreneur who co-founded HTS Biosystems and held key roles developing PCR technology at PerkinElmer/Applied Biosystems, with experience across multiple successful board exits.
Psychiatrist and healthcare executive who joined HLM as Partner in 2024. Brings 15 years of clinical, operational, and investment experience across provider, payer, and technology sectors, including founding Cureatr and leading onehome through its acquisition by Humana.
Joined HLM as Partner in 2024 from MTS Health Partners, where he led healthcare technology coverage and founded Elements Health Ventures. Prior experience includes roles at Health Enterprise Partners and strategy consulting at The Lewin Group.
Served as managing partner at HLM for over 33 years, focusing on healthcare services and digital health technology investments. Experienced board director across multiple successful exits in healthcare technology and services sectors.
Health IT professional with over 20 years global experience working with health systems, governments, and Fortune 50 companies. Currently Vice President of Corporate Strategy at Intelligent Medical Objects with expertise across entire healthcare ecosystem.
Healthcare entrepreneur and food policy leader who founded FarmboxRx, pioneering scalable Food as Engagement programs for health plans. Exited company through sale to Pyx Health and has expertise in food insecurity and health equity.
Joined HLM in 1996 and oversees all technology environment aspects including systems, infrastructure, cybersecurity, and data management.
Healthcare executive and board member with deep pharmacy benefit management experience. Former President and COO of EnvisionRxOptions and founding board member of SlateRx, a next-generation pharmacy benefit manager.
Founder and managing partner of Boro Partners, a private investment fund focusing on healthcare and real estate investments on both equity and debt sides.
Works with Chrysalis Ventures on investment themes and portfolio company development across healthcare and technology. Has experience across business development stages from company formation to growth equity and buyouts.
Founded Chrysalis Ventures in 1993 focusing on healthcare investing in Mid-America. Served on Humana's Board of Directors from 1993-2023, including as Vice Chair and Chair, with extensive experience in venture capital and healthcare innovation.
Healthcare executive and entrepreneur with deep digital health and specialty care experience. Co-founded and led RubiconMD, a virtual specialty care platform acquired by CVS Health, and served as Vice President of Specialty Care Solutions at CVS.
Healthcare industry advisor who serves as Executive Board Chairman for early to intermediate stage healthcare companies. Founding CEO of RxHub (now Surescripts) and extensive background in healthcare technology, managed care, and health policy.
Seasoned public company executive with extensive healthcare experience. Former CEO of WellCare Health Plans and LifeStance Health Group, and former Executive Vice President at Centene Corporation with significant experience across managed care and behavioral health.
Healthcare services and value-based care executive with over 25 years leadership experience. Currently Chief Financial Officer of Tango, a home-based clinical care management services provider, with prior roles as CFO and President at PopHealthCare.
Nationally recognized healthcare executive and board member with deep health systems experience. Former President and CEO of WellSpan Health and founder of Inspiring Women podcast advancing female leadership in healthcare.
Senior healthcare executive who served as President and CEO of NorthShore University HealthSystem from 1992-2018. Led creation of large multi-hospital system, multi-specialty physician group, and research institute focusing on genomics and personalized medicine.
Entrepreneur and former venture capital investor with mission-driven healthcare technology focus. Co-founder and CEO of Eden Health, a concierge primary care company acquired in 2024, and board member of Areté Education, with prior experience at Insight Venture Partners.
Joined HLM in 2007 and promoted to CFO in 2015. Provides legal and diligence support and manages financial and administrative functions. Prior experience includes roles at Summit Partners and Deloitte.
Healthcare executive, operator, investor, and board leader with over three decades experience. Known for developing value-based contracting relationships and solving operational challenges, with board roles across multiple healthcare companies.
Seasoned executive with over 25 years CEO and general management experience across healthcare and consumer services. Co-founded Activate Healthcare, a primary care platform acquired by Paladina Health, with prior roles as CEO of Steak n Shake and President of Borden Foods.
Board-certified pediatrician with over 30 years providing comprehensive care to children and adolescents. Practices at Pediatric Associates in South Florida with affiliations to regional hospital systems and focus on preventive care.
Founder of RAB Ventures investing in growth healthcare companies. Former Chairman and CEO of Universal American prior to its sale to WellCare Health Plans, with deep experience in Medicare and healthcare services.
Joined HLM in 2022 and promoted to Accounting Manager in 2026. Previously a Senior Audit Associate at KPMG's Boston asset management practice.
Finance and investment banking professional with over 40 years experience including roles at Standard Chartered and American Express Bank. Currently managing director of Caoba Capital Partners with focus on venture capital, private equity, and real estate investments.
Joined HLM in June 2024 and is actively involved in investment process and portfolio company support. Previously an analyst at Cain Brothers, a healthcare-focused investment bank.
Finance, strategy, and operations professional with over 20 years healthcare experience across payor and provider sectors. Currently Chief Financial Officer of Physician Care Centers and Strategic Advisor to HLM with prior roles at GuideWell and Connecticut Children's.
40-year healthcare industry veteran with extensive experience in senior executive roles. Held positions including President of United Healthcare Small Business, CEO of Bloom Health and Brighton Health Plan Solutions, with deep provider, payer, and operational expertise.
Healthcare leadership veteran with nearly 30 years experience in health systems, payers, pharmacy benefit management, and specialty care. Recently Chief Growth Officer at Walgreens and CareCentrix, with prior roles at Express Scripts and Cigna.
What they invest in
from 15 of 149 portfolio companiesHealthtech ×14Digital Health ×11Enterprise Software ×7SaaS ×5Mental Health ×2AI & Machine Learning ×1Cloud Computing ×1Cybersecurity ×1
HQs:United States×6
Investments · showing 60 of 149
founders shown can be your intro pathTelehealth platform for depression and anxiety
Hazel Health operates a school-based telehealth platform that connects students with licensed clinicians for healthcare services. The platform serves school districts and families across multiple U.S. states to improve student health access and reduce classroom absences.
Digital HealthEdTechHealthtech
Frequently asked questions
- 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 sectors does HLM Venture Partners focus on?
- HLM Venture Partners focuses on Healthtech.
- Does HLM Venture Partners lead rounds?
- Yes, HLM Venture Partners leads investment rounds.
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