CVS Ventures
Woonsocket, RI · Invests in US · Website
Check size
🔒 $•• – $••Thesis
CVS Health Ventures invests in healthcare innovators that make care simpler, more accessible, and more affordable. The fund leverages CVS Health's national footprint — 9,000+ pharmacies, MinuteClinics, Aetna, and Oak Street Health — as a strategic distribution channel and operating partner for portfolio companies. Key focus areas: tech-enabled clinical workflows, disruptive care models, whole-person health, and consumer-centric experiences.
Likely not a fit for
Drug/biotech development, medical devices without digital health component, non-US healthcare companies, industries unrelated to healthcare
How they invest
- Lead or follow
- Leads or follows
- Typical decision
- ~2 months
- Warm intro
- Not required
- Involvement
- Takes a board seat
- Fund status
- Actively deploying
- Assets under mgmt
- $100M
- Decision process
- Investment Committee
Partners & team
8 contacts on file
Portfolio
AbsoluteCare provides whole-person care that goes beyond traditional healthcare by addressing social determinants of health, behavioral health, and physical health through integrated care teams.
CareBridge exists to enable individuals in home and community-based settings to maximize their health, independence, and quality of life.
Ellipsis Health develops Sage, an emotionally intelligent AI Care Manager designed to enhance clinical operations and patient care by providing autonomous virtual care management.
Lynx is a healthcare fintech API platform that provides integrated accounts, payments, and e-commerce experiences, focusing on health plans, TPAs, financial institutions, and digital health innovators.
Maven Clinic is a digital healthcare platform focused on providing comprehensive care for women and families, covering areas such as fertility, maternity, newborn care, and parenting.
Monogram Health is a leading multispecialty provider of in-home, evidence-based care and benefit management services for the most complex patients with multiple chronic conditions.
Nema Health provides online trauma therapy specializing in PTSD treatment, utilizing evidence-based practices to help trauma survivors achieve lasting recovery.
Developing prescription digital therapeutics to save lives, focusing on innovative solutions for suicide prevention and behavioral health.
Redesign Health is a global venture and applied technology firm focused on building next-generation healthcare companies, partnering with leading healthcare institutions to ideate, build, and scale new operating companies.
SpectrumAi provides technology solutions to support Board Certified Behavior Analysts (BCBAs) in delivering high-quality Applied Behavior Analysis (ABA) services, focusing on data analytics and AI technology to enhance care for children with Autism Spectrum Disorder (ASD).
Recent activity
- May 2026
Fathom
Strategic · Participated
- Feb 2026
Big Health
Series D · Participated
- Oct 2025
Knownwell
Series B · Lead
- Sep 2025
AmplifAI
Series B · Lead
CVS Ventures in the news
Global Venturing
CVS Health Ventures looks beyond healthcare for its next bets
3 days ago
Crain's Chicago Business
Sandra Abrevaya
6 months ago
Behavioral Health Business
Big Health Raises $23.7M from .406 Ventures, AlleyCorp, CVS Ventures, Blue Venture Fund
6 months ago
Behavioral Health Business
Nest Health Closes Funding Round With $22.5M, Aims to Grow In-Home SUD Care
9 months ago
Fortune
Exclusive: David Tisch’s BoxGroup raises $550 million across two new funds as venture firm crosses 16 years
10 months ago
Forbes
Inside CVS Ventures’ $25M Bet On Knownwell And The GLP-1 Economy
10 months ago
Behavioral Health Business
Onos Health Raises $6.3M for Tool to Help Payers Manage Behavioral Health
11 months ago
Behavioral Health Business
Diana Health Raises $55.4M for Mental Health, Integrated Health Offering for Women
Sep 2025
Behavioral Health Business
Value-Based Provider AbsoluteCare Raises $135M for Market Expansion
Jul 2025
Behavioral Health Business
evolvedMD Raises $34M to Champion Collaborative Care Model Expansion
Jul 2025
PR Newswire
Ellipsis Health unveils Sage, the emotionally intelligent AI Care Manager, backed by $45M from Salesforce, Khosla Ventures, and CVS Ventures
Jun 2025
Behavioral Health Business
Non-traditional Investors Shake Up Behavioral Health Ecosystem
Mar 2025
Fortune
Exclusive: Abridge raises $250 million Series D led by Elad Gil and IVP
Feb 2025
Behavioral Health Business
5 VC Firms to Watch in Behavioral Health
Feb 2025
The Business Journals
CareBridge ranks No. 1 on Inc. 5000 fastest-growing companies list
Aug 2023
Behavioral Health Business
CVS Health Ventures Leads $20M Investment in ABA Data Collection Startup SpectrumAi
Mar 2023
Behavioral Health Business
Veradigm Leads $45M Investment in Behavioral Health Data Science Startup Holmusk
Jan 2023
Behavioral Health Business
CVS Health Ventures Leads $25M Investment in Array Behavioral Care
Jan 2023
Fast Company
Exclusive: Redesign Health raises $65 million to build healthcare startups
Sep 2022
STAT
Drawing on therapy developed to save soldiers, an app aims to prevent suicide in those at highest risk
Jul 2022
Fierce Healthcare
Value-based care startup CareBridge clinches $140M to fuel expansion into more states
Jun 2022
Behavioral Health Business
CareBridge Lands $140M from Oak HC/FT, Group of MCOs to Expand Value-Based HCBS Model
Jun 2022
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Research briefRead more
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