Blue Cross and Blue Shield of Nebraska
1919 Aksarben Drive, Omaha, NE, 68106, United States
Overview
1939 was the beginning of a long tradition of health care coverage in Nebraska. A group of medical professionals, business leaders and others came together to create an organization that today serves over 700,000 people. To millions of Americans, Blue Cross and Blue Shield represents peace of mind when it's needed the most. That's because the Blue Cross and Blue Shield brand represents the nation's largest and most experienced health care benefit companies. The Blue Cross and Blue Shield organization is not one single company, but rather a confederation of independent, community-based Plans. Collectively, Blue Cross and Blue Shield Plans cover more than 98 million people - nearly one-third of all Americans - in all 50 states, the District of Columbia and Puerto Rico. With the power of Blue, they are able to provide broad network access and competitive discounts to their clients.
- Total investments
- 3
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 2
Sector focus
- Insurance
Investment portfolio
- Cecelia Health
Participated · Equity · Sep 2018
Cecelia Health is a NYC-based technology-enabled company that provides coaching and telemedicine services for diabetes and other chronic diseases. Its core product is a digital health platform staffed by expert clinicians—CDCESs and endocrinologists—that supports remote patient care and chronic disease management. The company has logged over one million remote patient interactions, reflecting significant usage of its telehealth services. Cecelia plans to expand its digital health capabilities and scale adoption of its technology-enabled coaching and telemedicine solutions using the new capital. It intends to launch a commercial Virtual Clinic that will provide CGM training, medication-adherence education, lifestyle and behavior-change support, and mental-health screening and counseling. Algorithms will recommend dosage and titration changes that are reviewed and approved by Cecelia’s clinicians, and the Virtual Clinic will be supported by a national network of diabetes professionals. Fit4D is a NYC-based diabetes management technology services company that provides a patient-centric, technology-enabled coaching solution. Led by CEO David Weingard, its purpose-built coaching platform enables Certified Diabetes Educator (CDE) clinicians to scale their reach and deliver personalized, one-on-one diabetes management programs through an optimized mix of humans and technology. The Fit4D clinical team is comprised primarily of CDEs with clinical credentials such as nurses, registered dietitians, pharmacists, exercise physiologists and social workers. The company partners with health plans and providers and has engaged in joint initiatives with the Juvenile Diabetes Research Foundation, the American Diabetes Association, the Diabetes Research Institute and the American Association of Diabetes Educators. In April 2018 the company raised $4M in expansion financing and intends to use the funds to consolidate its market position. Fit4D is a NYC-based digital health company focused on people living with diabetes, delivering patient programs through a combination of a technology platform and human-based touch points. Its clinical team includes dietitians, exercise physiologists, nurses, social workers, and many certified diabetes educators (CDEs) who provide personalized care. The platform supports electronic interactions in patient-preferred modalities (phone, email, text, web, video) and delivers content in preferred formats and at preferred times to address patient-specific issues. Clients include pharmaceutical companies, payers, providers and wellness companies. Fit4D secured a Series A of undisclosed amount backed by SJF Ventures, Sovereign Health System and Blue Cross and Blue Shield of Nebraska. The company intends to use the funds to expand distribution across new customer channels and to leverage the platform to improve health outcomes for other chronic diseases; it is led by CEO David Weingard and is a member of the StartUp Health Academy.
- EveryMove
Participated · Series A · Apr 2013
EveryMove offers a lifestyle-based rewards program that links devices and applications capturing users' healthy activities and converts that data into rewards from brands, employers and health care providers. The company has partnered with MyFitnessPal, Endomondo and Precor (Preva) to enable activity tracking and point-earning across apps and fitness equipment. Rewards partners include Blue Nile, Cabela’s, Hotel Monaco and ESPN. EveryMove launched an Android version of its application on the Android Play Store. Led by CEO Russell Benaroya and based in Seattle, the company recently raised $3.5M in Series A-1 financing. It plans to use the funds to expand its market presence nationally and increase marketing activities. EveryMove offers an interactive web and mobile platform that passively collects lifestyle data from health apps, devices, and platforms to connect users with rewards and incentives from plans, employers, and brands. The company emphasizes consumer control and data portability so information is not tied to an employer or insurer. It intends to monetize on a cost-per-action basis by taking a fee when users redeem rewards, positioning itself as a marketplace intermediary. EveryMove has been working closely with Premera Blue Cross on customer development and sees long-term opportunity in lifestyle analytics to inform company decisions. The startup is an alum of TechStars’ Seattle accelerator and is currently in private beta. It plans to use the Series A capital to ramp up its team and prepare for a broader market launch in the third quarter.