About LRVHealth
LRVHealth is a venture capital firm founded in 2000. It is primarily based out of Boston, United States. As of Mar 2026, LRVHealth is an active investor, having invested in 68 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 Enterprise Applications to HealthTech and Life Sciences. Most recently it participated in the $***** Series A round of KeyCare Overall, LRVHealth portfolio has seen 3 unicorns, 1 IPO and 26 acquisitions including key companies like Phreesia, Xealth and Humata. A lot of funds co-invest with LRVHealth, with names like HLM Venture Partners sharing a substantial percentage of its portfolio. LRVHealth has team of 23 people including 4 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 4 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Deals in last 12 months
LRVHealth's List of Top Investments
LRVHealth has a portfolio of 68 companies, including 3 unicorns. Their most notable investments are in MachineMetrics and Qteros.Their portfolio spans across United States, United Kingdom and India. They have invested in Enterprise Applications, HealthTech, Life Sciences and 13 other sectors, across stages such as Series A, Series B and 4 more. Here is the list of top investments by LRVHealth:1. Phreesia
Provider of a patient check-in and registration platform for healthcare organizations. The platform replaces the outdated patient clipboard with a free wireless touch screen and swipe card enabled PhreesiaPad. The patient self-service solution includes electronic payment applications, clinical and administrative data collection, and consent form management, online appointment & referral management, revenue cycle management, registration, clinical screening tools, patient engagement.
Key facts about Phreesia
- Founded Year: 2005
- Location: New York City (United States)
- Annual Revenue: $100M - $500M as on Jan 31, 2026
- Stage: Public
- Total Funding till date: $109M
- Employee Count: 1,440 as on Aug 31, 2026
- Investors: MFS Investment Management, Ardan Equity Partners and 17 Others
- Latest Funding Round: Post IPO, Nov 13, 2019, $*****
- Highlight: Public
2. Xealth
Xealth provides a digital marketplace platform for healthcare professionals. The platform helps healthcare providers to operate the digital solutions and services for their patients, where they can access the digital solutions in the providers portal for better health management. It also allows professionals to monitor and analyze patient engagement with the products and applications to optimize their health outcomes.
Key facts about Xealth
- Founded Year: 2017
- Location: Seattle (United States)
- Stage: Acquired
- Total Funding till date: $57.1M
- Employee Count: 75 as on Aug 31, 2026
- Investors: Allumia Ventures, MemorialCare Innovation Fund and 27 Others
- Latest Funding Round: Series B, Mar 25, 2025, $*****
- Highlight: Acquired
3. Cleerly
Provider of an AI-driven platform for coronary artery disease assessment. The platform quantifies atherosclerosis by measuring plaque volume, composition, length, and location. It evaluates stenosis severity and determines the likely presence or absence of ischemia. The software aims to reduce the need for additional testing and enhance diagnostic confidence.
Key facts about Cleerly
- Founded Year: 2016
- Location: Denver (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $578M
- Employee Count: 399 as on Sep 30, 2026
- Investors: T. Rowe Price, Fidelity Investments and 20 Others
- Latest Funding Round: Series C, Nov 19, 2024, $*****
- Highlight: Editors' Pick
4. Humata
Platform offering prior authorization processes through AI and automation. It provides solutions to streamlines data analysis and decision making processes for healthcare professionals and organizations. It aims to transform the prior authorization process for healthcare providers, payers, and patients. It automates the process, eliminate administrative burdens and enhaning patient care.
Key facts about Humata
- Founded Year: 2023
- Location: Winter Park (United States)
- Stage: Acquired
- Total Funding till date: $25M
- Employee Count: 109 as on Aug 31, 2026
- Investors: .406 Ventures, Optum Ventures and 3 Others
- Latest Funding Round: Series B, May 31, 2024, $*****
- Highlight: Acquired
5. House Rx
Provider of a technology-based medication solution for patients and caregivers. It is focused on transforming the specialty pharmacy experience for both patients and providers. Their core mission is to remove barriers to specialty medication access, improve patient outcomes, and streamline the medication process.
Key facts about House Rx
- Founded Year: 2005
- Location: San Francisco (United States)
- Stage: Series B
- Total Funding till date: $100M
- Employee Count: 280 as on Aug 31, 2026
- Investors: Maverick Ventures, First Round Capital and 9 Others
- Latest Funding Round: Series B, Nov 12, 2025, $*****
- Highlight: Editors' Pick
LRVHealth's Year-on-Year Investment Trends
LRVHealth has invested in 68 companies over the last 25 years, with an average of 3 new investments annually in the last 10 years. In 2025, it made 10 investments, while as of Mar 2026, it has made 2 investments in this year. Its most recent first time investment was in Daffodil Health and most recent follow-on round was in KeyCare.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 1 | 2 |
2025 | 7 | 3 | 10 |
2024 | 2 | 1 | 3 |
2023 | 3 | 3 | 6 |
2022 | 4 | 4 | 8 |
2021 | 4 | 3 | 7 |
2020 | 5 | 3 | 8 |
2019 | 2 | 1 | 3 |
2018 | 3 | 1 | 4 |
2017 | 1 | 0 | 1 |
LRVHealth's Investments by Stage
LRVHealth has made 26 investments in Series A stage with an average round size of $10.7M, 16 investments in Series B stage with an average round size of $17.5M and 6 investments in Seed stage with an average round size of $3.83M.Stage of entry | No. of Investments |
|---|---|
Series A | 26 |
Series B | 16 |
Seed | 6 |
Series C | 2 |
Conventional Debt | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
LRVHealth's Investments by Sector
LRVHealth has a diverse portfolio, with companies operating in the HealthTech, Enterprise Applications, Vertical SaaS, Life Sciences and High Tech. Notably, it has invested in 56 Enterprise (B2B) companies, 56 Tech companies, 38 Software companies and at least 19 companies focusing on Saas.Sector | No. of Investments |
|---|---|
HealthTech | 33 |
Enterprise Applications | 28 |
Vertical SaaS | 12 |
Life Sciences | 11 |
High Tech | 6 |
Others | 31 |
Note: We have considered here, only first round of investments
LRVHealth's Investments by Geography
LRVHealth has made most investments in United States (49), followed by United Kingdom where it has made 2 investments.Country | No. of Investments |
|---|---|
United States | 49 |
United Kingdom | 2 |
India | 1 |
Note: We have considered here, only first round of investments
LRVHealth's recent investments
LRVHealth has made 2 investments in 2026 so far - KeyCare and Daffodil Health.Here are the most recent investments by LRVHealth:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 03, 2026 | United States | Series A | 8859 | [+8] | |
Feb 17, 2026 | India | Series A | 1169 | ||
Dec 17, 2025 | United States | Series B | 8317 | [+7] | |
Dec 02, 2025 | United States | Series B | 3763 | ||
Nov 12, 2025 | United States | Conventional Debt | 9464 |
Unicorns in LRVHealth's Portfolio
LRVHealth has 3 unicorns in its portfolio - Main Street, IntelyCare and Olive. The most recent unicorn in their portfolio is Main Street. It became a unicorn in 2023, 3 years before LRVHealth first invested in it.Here is a list of unicorns in LRVHealth's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
48 | Value-based healthcare company focused on serving rural areas | 2021 | Nashville | Series D | fwp{fuc | ||
51 | Online contract workforce recruitment platform for nurses | 2016 | Quincy | Series C | zokesjz | ||
58 | Provider of AI-based platform for administrative solutions | 2012 | Columbus | Series H | gbkmrw{ |
IPOs and Publicly Listed companies in LRVHealth's Portfolio
1 of LRVHealth's portfolio company became public - Phreesia. It got listed on the New York Stock Exchange (NYSE), in Jul 2019 at marketcap of $639MHere are LRVHealth's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 19, 2019 | Dec 14, 2006 | Series A | 7484 |
Acquired companies in LRVHealth's Portfolio
26 companies from LRVHealth's portfolio have been acquired. The most recent acquisition was Reimagine Care in Sep 2026 by Cureety for $*****.Here are LRVHealth's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 03, 2026 | Dec 03, 2021 | Series A | 2699 | |
Aug 18, 2026 | May 31, 2024 | Series B | 8693 | |
Apr 02, 2026 | Apr 04, 2022 | Series A | 4497 | |
Sep 16, 2025 | Feb 24, 2022 | Series A | 2620 | |
Jul 08, 2025 | Aug 07, 2020 | Series A | 1950 |
Team profile of LRVHealth
LRVHealth has a team of 23 members including 4 Partners, 1 Venture Partner and 2 Principals located in United States. LRVHealth's team does not sit on the board of any company as of now.Here is a list of top team members in LRVHealth:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Hingham | - | - | |
Partner | Newburyport | - | - | |
Partner | Boston | - | - | |
Partner | Boston | - | ||
Venture Partner | Andover | - | - | |
Principal | United States | - | ||
Principal | Boston | - |
Co-investors of LRVHealth
Over the past 25 years, 365 investors have co-invested in LRVHealth's portfolio companies. This includes funds and angels.
- Invested before LRVHealth: HHS, .406 Ventures and 120 others have invested in rounds before LRVHealth. There are 3 companies where HHS has invested before LRVHealth and 2 companies where .406 Ventures has invested before LRVHealth.
- Top Co-investors of LRVHealth: 119 investors entered a company along with LRVHealth. These include investors like HLM Venture Partners (4 companies).
- Invested after LRVHealth: A total of 124 investors have invested in LRVHealth's portfolio after their investments. Top Investors include Ascension Ventures (3 companies), Village Ventures (2 companies) and Memorial Hermann (2 companies).
Recent News related to LRVHealth
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Daffodil Health Raises $16.3M Series A to Break Health Plans’ Reliance on Percent-of-Savings Middlemenintelligence360•Mar 11, 2026•Daffodil Health, LRVHealth, Maverick Ventures, Flare Capital Partners and 2 others
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Greater Good Health Raises Series B to Improve Outcomes and Better Manage Medical SpendBusiness Wire•Mar 05, 2026•Allumia Ventures, HSBC Innovation Banking, Greater Good Health, DaVita Venture Group and 9 others
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KeyCare Raises $27.4 Million to Scale their AI-Powered, Epic-Based Virtual Care Solution for Health SystemsBusiness Wire•Mar 03, 2026•KeyCare, HealthX Ventures, LRVHealth, Bold Capital Partners and 10 others
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Daffodil Health Secures $16.3M in Funding to Tackle Healthcare Waste with AITechStartups.com•Feb 17, 2026•Daffodil Health, LRVHealth, Maverick Ventures, Flare Capital Partners
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House Rx Secures $55M to Expand In-Clinic Specialty Pharmacy ModelHIT Consultant•Nov 12, 2025•House Rx, Town Hall Ventures, LRVHealth, New Enterprise Associates and 3 others
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Diana Health secures $55M to expand women's health programsHIT Consultant•Sep 12, 2025•Diana Health, AlleyCorp, LRVHealth, Health Quest Capital and 3 others
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ArcheHealth™ Secures $6.7M Seed Round for Healthcare Cost Reduction Solutionintelligence360•Jun 16, 2025•LRVHealth, Texas Health Resources, Martin Ventures, Archehealth
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ArcheHealth Secures $6.7 Million Seed Round for Healthcare Cost Reduction SolutionAiThority•Jun 03, 2025•Archehealth, LRVHealth, Martin Ventures, Texas Health Resources
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