About Chrysalis Ventures
Chrysalis Ventures is a venture capital firm founded in 1993. It is primarily based out of Louisville, United States. As of Mar 2024, Chrysalis Ventures has invested in 69 companies. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to HealthTech and High Tech. Most recently it participated in the $***** Series C round of Vesta Healthcare Overall, Chrysalis Ventures portfolio has seen 1 IPO and 33 acquisitions including key companies like AT&T, ConstructConnect and Embold Health. A lot of funds co-invest with Chrysalis Ventures, with names like OCA Ventures sharing a substantial percentage of its portfolio. Chrysalis Ventures has team of 11 people including 6 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 4 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Soonicorns
Chrysalis Ventures' List of Top Investments
Chrysalis Ventures has a portfolio of 69 companies. Their most notable investments are in Connecture and HealthTeacher.Their portfolio spans across United States, Canada, France and 2 more locations. They have invested in Enterprise Applications, HealthTech, High Tech and 20 other sectors, across stages such as Series A, Series B and 4 more. Here is the list of top investments by Chrysalis Ventures:1. AT&T
Provider of wireless and internet services. The company offers wireless and internet services. It provides options for new and existing customers to get the latest smartphones with eligible trade-ins. The company also provides deals for new phone lines with eligible wireless plans.
Key facts about AT&T
- Founded Year: 1876
- Location: Dallas (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Employee Count: 195,347 as on Jul 31, 2026
- Investors: Elliott Management, Seaside Private Capital and 13 Others
- Latest Funding Round: Grant (prize money), Feb 13, 2024, $*****
- Highlight: Public
2. AlayaCare
Alayacare offers a cloud-based software platform for home healthcare practitioners. The platform features clinical documentation, back-office functionality, patient and family portals, remote patient monitoring, telehealth, and mobile care worker apps. It also helps in analyzing wearable devices to fetch patient data for processing through machine learning technology by giving real-time insights for the care professionals.
Key facts about AlayaCare
- Founded Year: 2014
- Location: Toronto (Canada)
- Stage: Series D
- Total Funding till date: $274M
- Employee Count: 630 as on Jul 31, 2026
- Investors: Generation Investment Management, FedDev Ontario and 17 Others
- Latest Funding Round: Conventional Debt, Feb 20, 2026, $*****
- Highlight: Editors' Pick
Construction intelligence platform connecting contractors, manufacturers, and distributors for project success. This is a SaaS and software solution provider, connecting construction professionals with the right projects, people, and tools. It offers project intelligence, intelligent leads, takeoff and estimating software, and bid management solutions. The platform helps subcontractors grow their business, building product manufacturers increase product specification rates, and general contractors centralize bid management. It provides accurate, up-to-date project data, refreshed daily, to help users find opportunities and build industry relationships. The tools facilitate project search, market share growth, quality estimate creation, and simplified bid management. The company fosters collaboration, community, and growth, supporting the construction industry through innovative workplace initiatives and community outreach. It offers resources like a blog, resource hub, eBooks, webinars, and customer stories, along with training and support.
Key facts about ConstructConnect
- Founded Year: 1993
- Location: Cincinnati (United States)
- Stage: Acquired
- Total Funding till date: $15.6M
- Employee Count: 1,096 as on Jul 31, 2026
- Investors: RC Capital, Ticonderoga Capital and 6 Others
- Latest Funding Round: Conventional Debt, May 18, 2015, $*****
- Highlight: Acquired
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Provider of a medical data management platform for patients. It Identifies and connects the employees with physicians in their health plans. It access validated analytics that provides actionable insight into clinical performance.
Key facts about Embold Health
- Founded Year: 2018
- Location: Austin (United States)
- Stage: Acquired
- Total Funding till date: $45.5M
- Employee Count: 71 as on Jul 31, 2026
- Investors: JPMorgan Chase, Echo Health Ventures and 3 Others
- Latest Funding Round: Series B, Dec 15, 2022, $*****
- Highlight: Acquired
5. Six Flags
Six Flags Entertainment Corporation is a major player in the theme park segment. It runs 18 parks across the United States, Mexico and Canada. Apart from the regular rides, roller coasters and entertainment pools, It also hosts special events like the Summer Concert Series, Fright Fest and Holiday in the Park.
Key facts about Six Flags
- Founded Year: 1961
- Location: Grand Prairie (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Employee Count: 9,421 as on Jul 31, 2026
- Investors: Dover Madison Capital Management, Windcrest Partners and 3 Others
- Highlight: Acquired
Chrysalis Ventures' Year-on-Year Investment Trends
Chrysalis Ventures has invested in 69 companies over the last 31 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in Vesta Healthcare and most recent follow-on round was in Regent Education.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 1 | 0 | 1 |
2023 | 0 | 0 | 0 |
2022 | 2 | 1 | 3 |
2021 | 2 | 0 | 2 |
2020 | 0 | 0 | 0 |
2019 | 1 | 0 | 1 |
2018 | 1 | 1 | 2 |
2017 | 0 | 1 | 1 |
Chrysalis Ventures' Investments by Stage
Chrysalis Ventures has made 19 investments in Series A stage with an average round size of $5.19M, 11 investments in Series B stage with an average round size of $11.6M and 7 investments in Series C stage with an average round size of $20.3M.Stage of entry | No. of Investments |
|---|---|
Series A | 19 |
Series B | 11 |
Series C | 7 |
Unattributed | 3 |
Seed | 2 |
Others | 1 |
Note: We have considered here, only first round of investments
Chrysalis Ventures' Investments by Sector
Chrysalis Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, HealthTech, Vertical SaaS, Healthcare and EdTech. Notably, it has invested in 44 Enterprise (B2B) companies, 40 Tech companies, 27 Software companies and at least 16 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 23 |
HealthTech | 13 |
Vertical SaaS | 7 |
Healthcare | 6 |
EdTech | 5 |
Others | 37 |
Note: We have considered here, only first round of investments
Chrysalis Ventures' Investments by Geography
Chrysalis Ventures has made most investments in United States (40), followed by Canada where it has made 3 investments.Country | No. of Investments |
|---|---|
United States | 40 |
Canada | 3 |
Note: We have considered here, only first round of investments
Chrysalis Ventures' recent investments
Chrysalis Ventures has not made any investment in 2026 so far.Here are the most recent investments by Chrysalis Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 04, 2024 | United States | Series C | 9665 | ||
Dec 15, 2022 | United States | Series B | 3303 | [+2] | |
Dec 13, 2022 | United States | Series B | 2121 | [+4] | |
May 19, 2022 | United States | Series D | 5339 | ||
Jul 15, 2021 | Canada | Series B | 2488 | [+5] |
IPOs and Publicly Listed companies in Chrysalis Ventures' Portfolio
1 of Chrysalis Ventures' portfolio company became public - AT&T. It got listed on the New York Stock Exchange (NYSE), in Nov 1983.Here are Chrysalis Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 25, 1983 | - | - | 1867 |
Acquired companies in Chrysalis Ventures' Portfolio
33 companies from Chrysalis Ventures' portfolio have been acquired. The most recent acquisition was Embold Health in Jun 2025 by Quantum Health for $*****.Here are Chrysalis Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 04, 2025 | Dec 15, 2022 | Series B | 1052 | |
Feb 18, 2025 | - | - | 6800 | |
Nov 02, 2023 | - | - | 7062 | |
Jul 23, 2021 | Jul 08, 2010 | Series A | 4822 | |
Mar 24, 2021 | Jul 18, 2011 | Series B | 2630 |
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Team profile of Chrysalis Ventures
Chrysalis Ventures has a team of 11 members including 6 Partners, 1 Venture Partner and 1 Principal located in United States. Chrysalis Ventures' team sits on the board of 1 company.Here is a list of top team members in Chrysalis Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Louisville | |||
Partner | - | - | - | |
Partner | New York City | - | - | |
Partner | Peoria | - | - | |
Partner | Louisville | - | - | |
Partner | Pittsburgh | - | - | |
Venture Partner | Louisville | - | ||
Principal | Louisville | - |
Co-investors of Chrysalis Ventures
Over the past 31 years, 164 investors have co-invested in Chrysalis Ventures's portfolio companies. This includes funds and angels.
- Invested before Chrysalis Ventures: Fonds Innovexport, Klass Capital and 45 others have invested in rounds before Chrysalis Ventures. There is 1 company where Fonds Innovexport has invested before Chrysalis Ventures and 1 company where Klass Capital has invested before Chrysalis Ventures.
- Top Co-investors of Chrysalis Ventures: 65 investors entered a company along with Chrysalis Ventures. These include investors like OCA Ventures (4 companies).
- Invested after Chrysalis Ventures: A total of 52 investors have invested in Chrysalis Ventures's portfolio after their investments. Top Investors include Ares Capital Corporation (2 companies), CDPQ (1 company) and Invest Quebec (1 company).
Recent News related to Chrysalis Ventures
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Vesta Healthcare: Virtual Care Provider For Those With Home Care Raises $65 Million (Series C)Pulse 2.0•Sep 04, 2024•Vesta Healthcare, RA Capital Management, Oak HC/FT, Chrysalis Ventures and 10 others
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Horizon Technology finance provides $35M venture loan facility to Vesta HealthcareSeeking Alpha•Sep 03, 2024•Horizon, Vesta Healthcare, RA Capital Management, Oak HC/FT and 8 others
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BehaVR and OxfordVR Combine and Raise $13M Series B FundingFinSMEs•Dec 15, 2022•RealizedCare, OxfordVR, Optum Ventures, Oxford Science Enterprises and 5 others
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Morgan Health Joining $23 Million Funding Round for Embold HealthBusiness Wire•Mar 16, 2022•Embold Health, , Echo Health Ventures, Chrysalis Ventures and 1 other
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Swift Medical Raises $35 Million Series B to Transform Wound Care Delivery with AIBusiness Wire•Jul 15, 2021•Swift Medical, Virgo, DCVC, BDC and 5 others
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UK-based Smart raises €193M to expand its retirement savings tech platform into new territories, including the NetherlandsSilicon Canals•Jun 28, 2021•Smart, Chrysalis Ventures, Klarna, Wise Capital Management and 6 others
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Votive Health Raises $2.5M in FundingFinSMEs•Apr 28, 2021•Votive Health, Flare Capital Partners, Chrysalis Ventures, OCA Ventures and 3 others
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AlayaCare Secures $33 Million (CDN) in Growth Funding From Inovia CapitalBusiness Wire•Jul 02, 2019•AlayaCare, Invest Quebec, CDPQ, Inovia Capital and 2 others
