Optum Ventures

By Laura Lovett June 5, 2018
It’s no secret investors have been pouring billions of dollars into digital health companies, and it seems the life sciences sector has taken notice. Today at BIO 2018 in Boston, a panel of investors sat down to take the pulse of the digital health industry and give their thoughts on the booming (and potentially crowded) market.  “The bottom line is that an immense amount of money has gone into...
By Jonah Comstock March 28, 2018
Dublin, Ireland and New York City-based LetsGetChecked has raised $12 million in first round funding to support the development of its end-to-end at-home lab test business. Optum Ventures led the round, and Chinese VC firm Qiming Venture Partners also contributed. “We started in the UK where everything’s free, you know?” founder Peter Foley told MobiHealthNews. “So we demonstrated that people...
By Susan Morse November 29, 2017
Optum on Tuesday launched the venture fund Optum Ventures, which has $250 million to invest in digital health startup companies. The venture fund will invest in companies that use data and insights to help improve consumers’ access to healthcare services and how care is delivered and paid for, according to a statement from UnitedHealth Group, Optum’s parent company. Optum CEO Larry Renfro is...
By Jonah Comstock June 19, 2017
Mindstrong Health, the mental health startup that former NIMH director Dr. Thomas Insel left Verily for last month, has raised $14 million. Foresite Capital and ARCH Venture Partners led the round, with additional participation from Optum Ventures, Berggruen Holdings, and the One Mind Brain Health Impact Fund.  Although it has been reported that Insel left Verily to start Mindstrong, the startup...