About 7wire Ventures
7wire Ventures is a venture capital firm founded in 2011. It is primarily based out of Chicago, United States. As of Jul 2026, 7wire Ventures is an active investor, having invested in 46 companies, with 3 new investments in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from HealthTech to Enterprise Applications and Life Sciences. Most recently it participated in the $***** Series A round of Karoo Health Overall, 7wire Ventures portfolio has seen 1 unicorn and 7 acquisitions including key companies like Livongo, Transcarent and CirrusMD. A lot of funds co-invest with 7wire Ventures, with names like General Catalyst sharing a substantial percentage of its portfolio. 7wire Ventures has team of 10 people including 7 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 3 more
Portfolio Acquisitions
Portfolio Unicorns
Deals in last 12 months
7wire Ventures' List of Top Investments
7wire Ventures has a portfolio of 46 companies, one of which is a Unicorn. Their most notable investments are in GroundGame and MedArrive.Their portfolio spans across United States and Canada. They have invested in HealthTech, Enterprise Applications, Life Sciences and 12 other sectors, across stages such as Series A, Series B and 3 more. Here is the list of top investments by 7wire Ventures:
1. Truvian
Manufacturer of automated benchtop analyzers for routine blood diagnostic testing. This device integrates clinical chemistry, immunoassay, and hematology functions into a single platform. It processes small blood samples to provide results for various assays, including metabolic panels, lipid profiles, and blood cell counts. The system utilizes dry reagent technology to perform diagnostic procedures on-site.
Key facts about Truvian
- Founded Year: 2015
- Location: San Diego (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $208M
- Employee Count: 108 as on Jun 30, 2026
- Investors: Domain Associates, Pac-West Telecomm and 21 Others
- Latest Funding Round: Series C, Jul 17, 2024, $*****
- Highlight: Editors' Pick

2. Livongo
Provider of smart devices for diabetes management for patients and doctors. It offers devices for diabetic patients to track and monitor their blood glucose levels. It also provides a blood pressure monitoring system and weighing scale for weight management. In addition, it offers a mobile app for users to receive personalized tips, nutrition and diet recommendation, and exercise information to manage blood sugar and pressure.
Key facts about Livongo
- Founded Year: 2014
- Location: San Francisco (United States)
- Annual Revenue: $100M - $500M as on Dec 31, 2019
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $245M
- Employee Count: 81 as on Jun 30, 2026
- Investors: HTIF, Sapphire Ventures and 21 Others
- Latest Funding Round: Post IPO, Jun 02, 2020, $*****
- Highlight: Acquired
3. Transcarent
Provider of employee health benefits solutions. Platform offers AI-powered tool that guides users through their healthcare journey, helping them navigate benefits, clinical guidance, and care delivery. The platform connects users with both virtual and in-person care options and support for various health needs, including mental health, cancer care, and weight health.
Key facts about Transcarent
- Founded Year: 2018
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $424M
- Employee Count: 776 as on Apr 30, 2026
- Investors: Merck Global Health Innovation Fund, Kinnevik and 18 Others
- Latest Funding Round: Series D, May 02, 2024, $*****
- Highlight: Editors' Pick
4. CirrusMD
Online telecommunication solution for patient interaction. It connects patients with their own doctors via video, chat, and messaging. Doctors may use the service to write prescriptions, make referrals and keep in touch with patients. Patients pay a monthly fee for the service while the service is free for the doctors and eliminates the need for doctors to bill insurance companies for services they provide using CirrusMD. CirrusMD platform enables patients to access their own doctors through rich messaging and video chat over mobile devices, like smartphones and tablets.
Key facts about CirrusMD
- Founded Year: 2012
- Location: Denver (United States)
- Stage: Acquired
- Total Funding till date: $47.6M
- Employee Count: 66 as on Jun 30, 2026
- Investors: Colorado Impact Fund, Three Leaf Ventures and 18 Others
- Latest Funding Round: Series C, Jun 29, 2021, $*****
- Highlight: Acquired
5. AVIA
Digital business management and networking platform for the healthcare industry. The company provides services and platforms like AVIA Connect that help the healthcare industry and professionals connect and communicate. The AVIA Connect platform is a digital communication solution for healthcare professionals. The company provides services to provide business strategies, consultation, and more.
Key facts about AVIA
- Founded Year: 2003
- Location: Chicago (United States)
- Stage: Series B
- Total Funding till date: $50M
- Employee Count: 173 as on Jun 30, 2026
- Investors: MemorialCare Innovation Fund, Allumia Ventures and 20 Others
- Latest Funding Round: Series B, Dec 21, 2018, $*****
- Highlight: Editors' Pick
7wire Ventures' Year-on-Year Investment Trends
7wire Ventures has invested in 46 companies over the last 12 years, with an average of 3 new investments annually in the last 10 years. In 2025, it made 2 investments, while as of Jul 2026, it has made 1 investment in this year. Its most recent first time investment was in Karoo Health and most recent follow-on round was in HomeThrive.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 2 | 0 | 2 |
2024 | 4 | 3 | 7 |
2023 | 0 | 3 | 3 |
2022 | 4 | 5 | 9 |
2021 | 7 | 6 | 13 |
2020 | 3 | 4 | 7 |
2019 | 2 | 2 | 4 |
2018 | 3 | 2 | 5 |
2017 | 2 | 2 | 4 |
7wire Ventures' Investments by Stage
7wire Ventures has made 22 investments in Series A stage with an average round size of $18M, 5 investments in Series B stage with an average round size of $35M, 3 investments in Seed stage with an average round size of $5M, 3 investments in Series C stage with an average round size of $39.3M and 1 investment in Unattributed stage with an average round size of $8.2M.Stage of entry | No. of Investments |
|---|---|
Series A | 22 |
Series B | 5 |
Seed | 3 |
Series C | 3 |
Unattributed | 1 |
Note: We have considered here, only first round of investments
7wire Ventures' Investments by Sector
7wire Ventures has a diverse portfolio, with companies operating in the HealthTech, Enterprise Applications, Life Sciences, Vertical SaaS and High Tech. Notably, it has invested in 40 Tech companies, 28 Consumer (B2C) companies, 28 Enterprise (B2B) companies and at least 28 companies focusing on Software.Sector | No. of Investments |
|---|---|
HealthTech | 32 |
Enterprise Applications | 13 |
Life Sciences | 6 |
Vertical SaaS | 5 |
High Tech | 4 |
Others | 15 |
Note: We have considered here, only first round of investments
7wire Ventures' Investments by Geography
7wire Ventures has made most investments in United States (33), followed by Canada where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 33 |
Canada | 1 |
Note: We have considered here, only first round of investments
7wire Ventures' recent investments
7wire Ventures has made 1 investments in 2026 so far - Karoo Health.Here are the most recent investments by 7wire Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 21, 2026 | United States | Series A | 8749 | [+3] | |
Dec 05, 2025 | United States | Series A | 7965 | ||
Oct 03, 2025 | United States | Series A | 1012 | [+5] | |
Jul 22, 2024 | United States | Series B | 6117 | [+5] | |
Jul 17, 2024 | United States | Series C | 9772 | [+5] |
Unicorns in 7wire Ventures' Portfolio
7wire Ventures has 1 unicorn in its portfolio - Transcarent. The most recent unicorn in their portfolio is Transcarent which became a unicorn in 2022, 1 years after 7wire Ventures first invested in it.Here is a list of unicorns in 7wire Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
69 | Provider of employee health benefits solutions | 2018 | San Francisco | Series D | hmgbqrp |
Acquired companies in 7wire Ventures' Portfolio
7 companies from 7wire Ventures' portfolio have been acquired. The most recent acquisition was CirrusMD in Mar 2026 by Quantum Health for $*****.Here are 7wire Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 03, 2026 | Mar 31, 2021 | Series C | 9429 | |
Dec 10, 2024 | Dec 09, 2019 | Series B | 6123 | |
Jan 05, 2022 | Jul 10, 2018 | Series C | 2299 | |
Aug 05, 2020 | Apr 21, 2014 | Unattributed | 1669 | |
Jan 08, 2020 | - | - | 8449 |
Team profile of 7wire Ventures
7wire Ventures has a team of 10 members including 7 Partners and 2 Principals located in United States. 7wire Ventures' team sits on the board of 4 companies.Here is a list of all team members in 7wire Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Chicago | Transcarent, 9amHealth and 2 more | - | |
Partner | Chicago | - | ||
Partner | Chicago | - | - | |
Partner | Chicago | - | - | |
Partner | Chicago | - | ||
Partner | Nashville | - | - | |
Partner | Tampa | - | - | |
Principal | Raleigh | - | - | |
Principal | United States | - | - |
Co-investors of 7wire Ventures
Over the past 12 years, 278 investors have co-invested in 7wire Ventures's portfolio companies. This includes funds and angels.
- Invested before 7wire Ventures: Rock Health, BoxGroup and 85 others have invested in rounds before 7wire Ventures. There are 3 companies where Rock Health has invested before 7wire Ventures and 2 companies where BoxGroup has invested before 7wire Ventures.
- Top Co-investors of 7wire Ventures: 86 investors entered a company along with 7wire Ventures. These include investors like General Catalyst (4 companies).
- Invested after 7wire Ventures: A total of 105 investors have invested in 7wire Ventures's portfolio after their investments. Top Investors include General Catalyst (3 companies), Merck Global Health Innovation Fund (3 companies) and Rush University Medical Center (3 companies).
Recent News related to 7wire Ventures
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Karoo Health Raises $16.2 Million in Series A FundingPR Newswire•Jul 21, 2026•Allumia Ventures, 7wire Ventures, Karoo Health
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When Raises $10.2M in Series A FundingFinSMEs•Feb 02, 2026•B Capital, When Insurance, Mairs & Power Venture Capital, Alumni Ventures and 4 others
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Homethrive Raises $20M in Latest Funding Round Led by TELUS Global Ventures and 7wireVenturesintelligence360•Nov 22, 2024•HomeThrive, Telus, 7wire Ventures, Pitango and 3 others
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Homethrive Raises $20M in FundingFinSMEs•Nov 14, 2024•HomeThrive, Telus, 7wire Ventures, Pitango and 4 others
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Homethrive Raises $20M in Latest Funding Round Led by TELUS Global Ventures and 7wireVenturesPR Newswire•Nov 14, 2024•HomeThrive, Telus, 7wire Ventures, Pitango and 1 other
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Family.cards raises €1.2M from Antler and others to turn TV into digital lifeline for seniorsTech Funding News•Sep 26, 2024•Family.cards, OHA, 7wire Ventures, Brandenburg Capital and 4 others