About Frist Cressey Ventures
Frist Cressey Ventures is a venture capital firm founded in 2016. It is primarily based out of Nashville, United States. As of Mar 2026, Frist Cressey Ventures is an active investor, having invested in 36 companies, with 4 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 Consumer. Most recently it participated in the $***** Series B round of Qualified Health Overall, Frist Cressey Ventures portfolio has seen 2 unicorns and 8 acquisitions including key companies like Ambience, Memora Health and Klara. A lot of funds co-invest with Frist Cressey Ventures, with names like SignalFire sharing a substantial percentage of its portfolio. Frist Cressey Ventures has team of 19 people including 4 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 3 more
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Deals in last 12 months
Frist Cressey Ventures' List of Top Investments
Frist Cressey Ventures has a portfolio of 36 companies, including 2 unicorns. Their most notable investments are in Oshi and Praia Health.Their portfolio spans across United States and Germany. They have invested in HealthTech, Enterprise Applications, Consumer and 7 other sectors, across stages such as Series A, Series B and 3 more. Here is the list of top investments by Frist Cressey Ventures:
1. Ambience
Provider of AI-based medical scribe software for providers. The company offers a fully automated AI medical scribe that Embeds into EMR workflows and generates notes within seconds.
Key facts about Ambience
- Founded Year: 2020
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $313M
- Employee Count: 219 as on Mar 31, 2026
- Investors: Founders Circle Capital, Georgian and 12 Others
- Latest Funding Round: Series C, Jul 01, 2025, $*****
- Highlight: Editors' Pick
Provider of an online doctor consultation platform for deaddiction. It allows users to search for doctors and can book an appointment with them for their addiction treatments. Users can visit doctors' through phone and video calls.
Key facts about Bicycle Health
- Founded Year: 2018
- Location: San Francisco (United States)
- Stage: Series C
- Total Funding till date: $104M
- Employee Count: 238 as on Mar 31, 2026
- Investors: Frist Cressey Ventures, SignalFire and 14 Others
- Latest Funding Round: Series C, Jan 29, 2025, $*****
- Highlight: Editors' Pick
Provider of healthcare insurance plans for individuals. It offers medicare plans and insurance benefits for various healthcare services with benefits and savings, including dental and over-the-counter benefits. It also offers plans for doctor visit, dental and vision protection, hospitals treatment coverage, and more. Also offers insurance comparison guide devoted to health.
Key facts about Devoted Health
- Founded Year: 2017
- Location: Eagan (United States)
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $2.62B
- Employee Count: 2,095 as on Mar 31, 2026
- Investors: F-Prime Capital, The Private Shares Fund and 44 Others
- Latest Funding Round: Series F, Jan 30, 2026, $*****
- Highlight: Editors' Pick
Memora Health is a digital health company developing an ‘intelligent’ mobile messaging and analytics platform to improve chronic disease management. Hospitals and clinics can use the platform to automate the process of helping patients remember their medication and appointment schedules, improve self-care of chronic illnesses, and receive feedback from patients on their well-being through personalized text messages. Physicians can use the web-based analytics platform to personalize treatment plans based on patient feedback. Pharmaceutical companies can utilize the platform to run clinical trials and to get patient feedback on drug side-effects outside an isolated clinical setting.
Key facts about Memora Health
- Founded Year: 2015
- Location: Boston (United States)
- Stage: Acquired
- Total Funding till date: $80.6M
- Employee Count: 91 as on Dec 31, 2022
- Investors: Transformation Capital, Frist Cressey Ventures and 22 Others
- Latest Funding Round: Series B, Apr 18, 2023, $*****
- Highlight: Acquired
5. Hint Health
Provider of a SaaS-based practice management solution for healthcare professionals. The company has developed a software solution that assists healthcare providers with different administrative tasks such as medical billing, payment management, membership management, and more. The system has features for EHR software integration and automated workflow management.
Key facts about Hint Health
- Founded Year: 2013
- Location: San Francisco (United States)
- Stage: Series B
- Total Funding till date: $60.1M
- Employee Count: 78 as on Feb 28, 2026
- Investors: Stanford University, Carthona Capital and 22 Others
- Latest Funding Round: Series B, Jun 01, 2022, $*****
- Highlight: Editors' Pick
Frist Cressey Ventures' Year-on-Year Investment Trends
Frist Cressey Ventures has invested in 36 companies over the last 10 years, with an average of 3 new investments annually in the last 10 years. In 2025, it made 9 investments, while as of Mar 2026, it has made 4 investments in this year. Its most recent first time investment was in Chamber Cardio and most recent follow-on round was in Qualified Health.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 2 | 4 |
2025 | 3 | 6 | 9 |
2024 | 3 | 3 | 6 |
2023 | 3 | 5 | 8 |
2022 | 8 | 2 | 10 |
2021 | 6 | 1 | 7 |
2020 | 2 | 0 | 2 |
2019 | 2 | 0 | 2 |
2018 | 2 | 0 | 2 |
2017 | 0 | 1 | 1 |
Frist Cressey Ventures' Investments by Stage
Frist Cressey Ventures has made 15 investments in Series A stage with an average round size of $22.7M, 11 investments in Series B stage with an average round size of $24.5M, 4 investments in Seed stage with an average round size of $7.53M, 2 investments in Series C stage with an average round size of $152M and 1 investment in Series D stage with an average round size of $1.15B.Stage of entry | No. of Investments |
|---|---|
Series A | 15 |
Series B | 11 |
Seed | 4 |
Series C | 2 |
Series D | 1 |
Note: We have considered here, only first round of investments
Frist Cressey Ventures' Investments by Sector
Frist Cressey Ventures has a diverse portfolio, with companies operating in the HealthTech, Enterprise Applications, Healthcare, Vertical SaaS and Consumer. Notably, it has invested in 28 Tech companies, 26 Enterprise (B2B) companies, 19 Software companies and at least 12 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
HealthTech | 26 |
Enterprise Applications | 19 |
Healthcare | 8 |
Vertical SaaS | 8 |
Consumer | 5 |
Others | 12 |
Note: We have considered here, only first round of investments
Frist Cressey Ventures' Investments by Geography
Frist Cressey Ventures has made most investments in United States (31), followed by Germany where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 31 |
Germany | 1 |
Note: We have considered here, only first round of investments
Frist Cressey Ventures' recent investments
Frist Cressey Ventures has made 4 investments in 2026 so far. Qualified Health and Chamber Cardio are the latest among them.Here are the most recent investments by Frist Cressey Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 25, 2026 | United States | Series B | 4874 | ||
Feb 04, 2026 | United States | Series A | 7417 | [+6] | |
Jan 30, 2026 | United States | Series F | 2533 | [+16] | |
Jan 15, 2026 | United States | Series B | 5693 | - | |
Dec 09, 2025 | - | Series A | 5149 | [+1] |
Unicorns in Frist Cressey Ventures' Portfolio
Frist Cressey Ventures has 2 unicorns in its portfolio - Thyme Care and Ambience. The most recent unicorn in their portfolio is Thyme Care. It became a unicorn in 2025, 3 years after Frist Cressey Ventures first invested in it.Here is a list of unicorns in Frist Cressey Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
65 | Provider of home nursing care services | 2020 | Nashville | Series D | btsgxjy | ||
70 | Provider of AI-based medical scribe software for providers | 2020 | San Francisco | Series C | calsjkv |
Acquired companies in Frist Cressey Ventures' Portfolio
8 companies from Frist Cressey Ventures' portfolio have been acquired. The most recent acquisition were OneOncology in Dec 2025 by Cencora.Here are Frist Cressey Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 15, 2025 | - | - | 1449 | |
Aug 18, 2025 | Jun 02, 2022 | Seed | 5250 | |
Dec 20, 2024 | Feb 15, 2022 | Series B | 8985 | |
Jul 11, 2022 | Jul 10, 2019 | Series B | 6129 | |
Feb 08, 2022 | Aug 20, 2020 | Series B | 7796 |
Team profile of Frist Cressey Ventures
Frist Cressey Ventures has a team of 19 members including 4 Partners, 2 Venture Partners and 7 Principals located in United States. Frist Cressey Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in Frist Cressey Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Franklin | - | ||
Partner | Chicago | - | - | |
Partner | - | - | - | |
Partner | - | - | - | |
Venture Partner | - | - | ||
Venture Partner | Nashville | - | ||
Principal | Nashville | - | ||
Principal | Nashville | - | ||
Principal | Nashville | - | ||
Principal | - | - | ||
Principal | - | - |
Co-investors of Frist Cressey Ventures
Over the past 10 years, 266 investors have co-invested in Frist Cressey Ventures's portfolio companies. This includes funds and angels.
- Invested before Frist Cressey Ventures: Andreessen Horowitz, Optum Ventures and 112 others have invested in rounds before Frist Cressey Ventures. There are 4 companies where Andreessen Horowitz has invested before Frist Cressey Ventures and 2 companies where Optum Ventures has invested before Frist Cressey Ventures.
- Top Co-investors of Frist Cressey Ventures: 93 investors entered a company along with Frist Cressey Ventures. These include investors like SignalFire (3 companies).
- Invested after Frist Cressey Ventures: A total of 59 investors have invested in Frist Cressey Ventures's portfolio after their investments. Top Investors include CVS Health Ventures (3 companies), Memorial Hermann (3 companies) and Transformation Capital (3 companies).
Recent News related to Frist Cressey Ventures
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Frist Cressey Ventures closes $425M fund to revolutionize healthcareTeknovation•Mar 08, 2026•Frist Cressey Ventures
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Frist Cressey Ventures closes $425M Fund IV and more investmentMobiHealthNews•Feb 20, 2026•Frist Cressey Ventures
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Zarminali Pediatrics Raises $110M Series A To Transform American Pediatric Careintelligence360•Feb 09, 2026•Zarminali, Healthier Capital, K2 HealthVentures, General Catalyst and 9 others
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Devoted Health Grows to Improve the Health and Well-Being of More AmericansDevoted Health•Jan 30, 2026•Devoted Health, The Private Shares Fund, NextView Ventures, Emerson Collective and 13 others
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Gyde Launches with $60M FinancingVC News Daily•Jan 28, 2026•Virtue, Crystal Venture Partners, MVP Ventures, Gyde and 12 others
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Thyme Care reaches $1B valuation in latest funding roundEndpoints•Sep 25, 2025•Thyme Care, CVS Health Ventures, JPMorgan Chase, Humana and 9 others
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Ambience Healthcare Announces $243 Million Series C to Scale its AI Platform for Health Systems
Access Newswire•Jul 29, 2025•Ambience, OpenAI Startup Fund, Smash Capital, Georgian and 11 others
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Carta Healthcare Secures $18.25 Million in Series B1 Financingsvdaily.com•May 08, 2025•Carta Healthcare, UPMC Enterprises, MemorialCare Innovation Fund, Rex Health Ventures and 6 others
