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§ Venture Capital · Hartford, CT, USA
Corporate venture capital arm investing in healthcare technology and digital health startups for care management and insurance operations.
Aetna Ventures serves as the corporate venture capital arm of Aetna, strategically investing in companies across the healthcare services and technology sectors. This entity deploys capital to external ventures aligning with Aetna’s core objectives. Its primary capability involves identifying and funding innovative startups poised to enhance care delivery, improve patient experience, and introduce efficiencies within the healthcare ecosystem.
Established by Aetna Life Insurance Company and based in Hartford, Connecticut, Aetna Ventures arose from the insight that external innovation is crucial for evolving healthcare solutions. This initiative was formed to actively seek and support promising companies. By providing strategic investments, the arm complemented Aetna's internal efforts, gaining exposure to novel technologies and emerging market trends.
Aetna Ventures' stakeholders include the emerging companies it supports and Aetna's members, benefiting from improved healthcare offerings. The firm’s vision is to foster a vibrant ecosystem of innovation, contributing to accessible, effective, and high-quality health solutions. Through its investments, it endeavors to play a pivotal role in shaping the transformation of the healthcare landscape.
Aetna Ventures has 3 tracked investments across 2 companies. The latest tracked deal is $30.0M Series C in CyberGRX in November 2018.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Nov 1, 2018 | CyberGRX | $30.0M Series C | Scale Venture Partners | AllegisCyber Capital, Ballistic Ventures, Dell Technologies Capital, ForgePoint Capital, Kleiner Perkins, Razor's Edge Ventures, TEN Eleven Ventures, Deepak Jeevan Kumar, AllegisCyber Capital, Bessemer Venture Partners, Blackstone, ClearSky, GV, MassMutual Ventures |
| Aug 1, 2017 | AbleTo | $37.0M Series D | Aetna Ventures, Yumin Choi | .406 Ventures, HLM Venture Partners, Horizon Healthcare Services, Sandbox Industries |
| Apr 1, 2017 | CyberGRX | $20.0M Series B | David Cowan | AllegisCyber Capital, Ballistic Ventures, Dell Technologies Capital, ForgePoint Capital, Kleiner Perkins, Razor's Edge Ventures, TEN Eleven Ventures, Deepak Jeevan Kumar, Robert Ackerman, JAY Leek, GV, MassMutual Ventures, Rally Ventures |