Cigna Launches USD 250m Health Care Ventures Fund
Cigna in September 2018 announced the launch of Cigna Ventures, a corporate venture fund focused on transformative and innovative healthcare companies.
Cigna has committed $250 million of capital to help it find, assess and sponsor early-stage innovation ideas that call for deeper exploration through pilots and test-and-learn activities.
The $250 million will be used to invest in startups and growth-stage companies across three strategic areas: insights and analytics; digital health and retail; and care delivery/management.
The fund builds on Cigna’s existing venture activity, including collaboration with five venture capital partners and an equal number of existing direct investments. These include leading the C1 round of financing with Omada Health, investments in Prognos, Contessa Health, MDLIVE and Cricket Health.
Cigna Ventures has a website: www.cignaventures.com