18 VC firms investing in insurance and healthcare & digital health at the Growth stage.
F4 Fund tracks 18 VC firms that actively invest in insurance + healthcare & digital health at the Growth stage, with check sizes ranging from $500K – $500M (median: $27.5M – $27.5M). As of August 2026, and 89% lead or co-lead rounds. Rankings are based on F4's proprietary analysis of 1,831+ researched VC firms, scored by data completeness, portfolio depth, investment recency, and stage alignment.
| # | Firm | Check Size | Portfolio | Leads? | Activity | Decision | Intro |
|---|---|---|---|---|---|---|---|
| 1 | ▶ Council Capital Achieve strong investment returns by investing in EBITDA-positive, founder-led healthcare companies that improve healthcare delivery. Apply the CEO Council Model — 34 senior healthcare operators who have personally invested $140M+ — to unlock growth through relationships, strategic insights, and hands-on value creation. Nashville | $10M – $50M | 25 | Leads | Active | ~2 mo | Open |
| 2 | ▶ Optum Ventures Activating healthcare innovation through revolutionary partnerships. Optum Ventures backs extraordinary entrepreneurs transforming healthcare, leveraging deep connectivity across UnitedHealth Group, health plans, providers, employers, and patients to help portfolio companies access commercialization pathways that independent funds cannot offer. Boston | $1.5M – $40M | 39 | Both | Active | N/A | N/A |
| 3 | ▶ Oak HC/FT Oak HC/FT partners with founders driving structural change in healthcare and financial services. They believe the most durable companies in the AI era will combine AI velocity with genuine understanding of how these industries work — including their regulatory, distribution, and trust dynamics. Interested in horizontal platforms that can penetrate and win in these complex, regulated sectors. Stamford | $1M – $100M | 34 | Leads | Active | ~1 mo | Open |
| 4 | ▶ Faering Capital Disciplined, sector-focused investing that develops proprietary investment themes ahead of the market, then partners with exceptional Indian entrepreneurs to help them navigate sustainable, category-leading growth. Mumbai | $10M – $50M | 32 | Leads | Active | N/A | Req'd |
| 5 | ▶ Volition Capital We invest in founder-owned, capital-efficient businesses that aspire to lead their markets, keeping business human through transparent, genuine partnership. Boston | $5M – $50M | 62 | Leads | Active | N/A | N/A |
| 6 | ▶ West Hill Capital West Hill sources and syndicates £1-30m EIS/SEIS-qualifying capital raisings for high-growth UK and European technology and financial services businesses with strong IP, credible management with skin in the game, and a clear route to exit, drawing on a corporate finance network built over three decades. London | $1.3M – $25M | 33 | Both | Active | N/A | Open |
| 7 | ▶ Thrive Capital Back great founders building category-defining companies, regardless of stage. We provide patient capital, hands-on operational support, and deep network access to enable breakout success. New York | $500K – $50M | 24 | Both | Active | ~2 wks | Req'd |
| 8 | ▶ TCV Identify innovators capturing shifts in technology and behavior that reshape their industries, and empower mission-driven teams toward market-leading scale through a partnership-driven, long-term growth-equity approach. Menlo Park | $10M – $500M | 37 | Both | Active | N/A | N/A |
| 9 | ▶ Cloud9 Capital Back execution-first Brazilian founders running proven, revenue-generating, capital-efficient SaaS and fintech businesses that are outside the radar of the traditional São Paulo VC circuit. São Paulo | $6.6M – $20.8M | 8 | Leads | Active | N/A | Req'd |
| 10 | ▶ New York Life Ventures As the corporate venture arm of New York Life Insurance Company, NYL Ventures invests as both a strategic and financial investor, backing fintech, insurtech, enterprise software, digital health, and proptech companies that can benefit from New York Life's distribution, actuarial expertise, and industry relationships. New York | $1M – $10M | 12 | Follows | Active | N/A | Req'd |
| 11 | ▶ Committed Capital Backs post-revenue UK technology companies (£1M+ revenue) with excellent technical solutions to pressing issues in a substantial addressable market, providing hands-on financial and human capital via the EIS structure. London | $500K – $2M | 17 | Both | Active | N/A | N/A |
| 12 | ▶ Dragoneer Investment Group We target leading technology companies with sustainable differentiation and attractive unit economics, backing durable competitive moats such as network effects, proprietary data, and switching costs, and holding positions through full market cycles from late-stage private financing into public markets. San Francisco | $50M – $500M | 30 | Leads | Active | ~1 mo | Req'd |
| 13 | ▶ Qumra Capital Highly analytical, data-driven Israeli technology companies with at least $10M in annualized revenue, scaling toward global category leadership, primarily in the US market. Tel Aviv | $15M – $60M | 28 | Leads | Active | N/A | N/A |
| 14 | ▶ Hearst Ventures Strategic investments at the intersection of media, information, and technology, prioritizing businesses that benefit from Hearst operating expertise, distribution, and permanent capital. New York | $2M – $50M | 16 | Follows | Active | N/A | N/A |
| 15 | ▶ Cornerstone Ventures Backing 'Next Gen Enterprise Tech' in India across SaaS, deep-tech, and B2B marketplaces, staying engaged with companies across their full funding lifecycle rather than making a single early bet. Mumbai | $5M – $15M | 21 | Both | Active | N/A | N/A |
| 16 | ▶ Cathay Innovation Startups positioned as transformation partners with Fortune 500 corporates create the most impactful solutions. We believe the next generation of market leaders will emerge through collaborative innovation between startups and incumbent enterprises, supported by global expertise and capital. Paris | $5M – $100M | 22 | Both | Active | ~1 mo | Req'd |
| 17 | ▶ Caffeinated Capital Support founders pursuing their life's work with an alternative to the hype cycle: the luxury of long-term thinking. We support founders building category-defining companies across all sectors that will last for lifetimes. San Francisco | $1M – $5M | 19 | Leads | Active | N/A | N/A |
| 18 | ▶ Coatue The best investment opportunities emerge at the intersection of innovation and scale. We invest across the full lifecycle from seed to public markets, focusing on technology companies that will transform sectors globally with particular conviction in AI-enabled platforms and infrastructure. New York | $1M – $100M | 31 | Both | Active | ~2 wks | Open |
Investors on this page also frequently invest in these sectors
What other stages do these firms also invest in?
What other sectors do these firms also invest in?
F4 Fund tracks 18 VC firms that actively invest in insurance + healthcare & digital health at the Growth stage. These firms are ranked using a composite score that weighs data completeness (30%), portfolio depth (30%), investment recency (25%), and stage alignment (15%).
Based on F4's analysis, the median check size for growth insurance + healthcare & digital health investors is $27.5M – $27.5M, with a full range from $500K – $500M. The distribution breaks down as: 1 firms in the $1M-$2M range, 1 firms in the $2M-$5M range, 1 firms in the $5M-$10M range, 15 firms in the $10M+ range.
Among the 18 firms tracked, 89% lead or co-lead rounds, and 11% typically follow. Founders seeking a lead investor should filter for firms marked "Leads" or "Both" in the rankings table above. Lead investors typically set deal terms and anchor the round.
The best growth insurance + healthcare & digital health investors combine domain expertise with an active portfolio in the space. Among these firms, 60% prefer warm introductions, and the average firm has 27 portfolio companies. Look for firms whose check size matches your raise, whose stage preference aligns with yours, and who have a track record of supporting companies in your sector through multiple growth phases.
Firm profiles are continuously updated through F4's research pipeline, which combines LLM-powered web research, portfolio analysis, and transcript extraction. The ranking data refreshes every 12 hours. Editorial analysis is reviewed weekly. Individual firm profiles are re-researched on a 30-day cycle or when new information surfaces.