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Corporate Venture
FINANCE | Investment Firms & Funds
blueventurefund.com

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Investments

111

Portfolio Exits

25

Funds

4

Service Providers

1

About The Blue Venture Fund

The Blue Venture Fund is a corporate venture fund program to which thirty-six BCBS entities have committed over $800 million across four Funds. The Funds invest in promising emerging companies of strategic relevance to Blue Cross and/or Blue Shield Plans and provide access to its portfolio to deploy innovation at scale. The Blue Venture Fund is sponsored by the Blue Cross and Blue Shield Association, an association of independent Blue Cross and Blue Shield companies.

The Blue Venture Fund Headquarter Location

225 North Michigan Ave

Chicago, Illinois, 60601,

United States

312-297-6560

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Expert Collections containing The Blue Venture Fund

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Find The Blue Venture Fund in 1 Expert Collection, including Fortune 500 Investor list.

F

Fortune 500 Investor list

590 items

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The Blue Venture Fund Web Traffic

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The Blue Venture Fund Rank

Research containing The Blue Venture Fund

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CB Insights Intelligence Analysts have mentioned The Blue Venture Fund in 1 CB Insights research brief, most recently on Nov 18, 2019.

Latest The Blue Venture Fund News

Waltz Health Launches with $35M in Series A

Apr 28, 2022

Back to HomeCHICAGO, IL, Waltz Health, a provider of tools that help consumers make better-informed decisions on their prescriptions, launched with a $35 million Series A round of funding.Waltz Health, a provider of tools that help consumers make better-informed decisions on their prescriptions.The company officially launched with a $35 million Series A round of funding.Waltz Health's $35.4 million funding was led by GV, and included participation from Define Ventures, Echo Health Ventures, Blue Venture Fund, Byers Capital, and Twine Ventures. (c)2011-2020 by Massinvestor, Inc. For contact info, please check out our about page. Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by StartupAround.

The Blue Venture Fund Investments

111 Investments

The Blue Venture Fund has made 111 investments. Their latest investment was in Abacus Insights as part of their Series C on June 6, 2022.

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The Blue Venture Fund Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

6/17/2022

Series C

Abacus Insights

$28M

No

3

4/26/2022

Series A

Waltz Health

$35.4M

Yes

9

2/23/2022

Series E

Somatus

$325M

No

12

1/27/2022

Series A

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$99M

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10

10/21/2021

Series C

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$99M

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10

Date

6/17/2022

4/26/2022

2/23/2022

1/27/2022

10/21/2021

Round

Series C

Series A

Series E

Series A

Series C

Company

Abacus Insights

Waltz Health

Somatus

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Amount

$28M

$35.4M

$325M

$99M

$99M

New?

No

Yes

No

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Co-Investors

Sources

3

9

12

10

10

The Blue Venture Fund Portfolio Exits

25 Portfolio Exits

The Blue Venture Fund has 25 portfolio exits. Their latest portfolio exit was OncoHealth on May 09, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

5/9/2022

Acq - Fin

$99M

1

4/28/2022

Acquired

$99M

1

1/5/2022

Acquired

$99M

3

8/12/2021

Acquired

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$99M

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10

8/2/2021

Acquired

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$99M

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10

Date

5/9/2022

4/28/2022

1/5/2022

8/12/2021

8/2/2021

Exit

Acq - Fin

Acquired

Acquired

Acquired

Acquired

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

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Sources

1

1

3

10

10

The Blue Venture Fund Fund History

4 Fund Histories

The Blue Venture Fund has 4 funds, including BlueCross BlueShield Venture Partners III.

Closing Date

Fund

Fund Type

Status

Amount

Sources

5/25/2017

BlueCross BlueShield Venture Partners III

$10M

4

8/30/2013

BlueCross BlueShield Venture Partners II

$99M

10

7/9/2008

BlueCross BlueShield Venture Partners

$99M

10

BlueCross BlueShield Venture Partners IV

10

Closing Date

5/25/2017

8/30/2013

7/9/2008

Fund

BlueCross BlueShield Venture Partners III

BlueCross BlueShield Venture Partners II

BlueCross BlueShield Venture Partners

BlueCross BlueShield Venture Partners IV

Fund Type

Status

Amount

$10M

$99M

$99M

Sources

4

10

10

10

The Blue Venture Fund Service Providers

1 Service Provider

The Blue Venture Fund has 1 service provider relationship

Service Provider

Associated Rounds

Provider Type

Service Type

Sandbox Industries

Series A

Other

Financial Advisor

Service Provider

Sandbox Industries

Associated Rounds

Series A

Provider Type

Other

Service Type

Financial Advisor

Partnership data by VentureSource

The Blue Venture Fund Team

3 Team Members

The Blue Venture Fund has 3 team members, including current Managing Director, Thomas C. Hawes.

Name

Work History

Title

Status

Thomas C. Hawes

Managing Director

Current

Mike Spadafore

Managing Director

Current

Kerry Byler

Managing Director

Former

Name

Thomas C. Hawes

Mike Spadafore

Kerry Byler

Work History

Title

Managing Director

Managing Director

Managing Director

Status

Current

Current

Former

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