The Venture Codex Logo

The Venture Codex

BlueCross BlueShield Venture Partners

225 N Michigan Ave, Chicago, Illinois, 60601, United States

Overview

Strategic investment fund fostering innovation in healthcare.

Founded

2008

Deals ยท 12mo

2

Links

WebsiteLinkedIn

Stage focus

Series A
Series B
Series C

Geographic focus

United States

Sector focus

Finance
Financial Services
Venture Capital

Investment portfolio

78rounds
NAMEDATESIZE
Network Bio
Aug 2026Participated
$50 MOther Equity
Big Health
Feb 2026Participated
$24 MOther Equity
Daymark Health
Sep 2025Led
$20 MSeries A
Octave
Sep 2025Participated
$51 MSeries C
Noctrix Health
Sep 2025Participated
$34 MOther Equity
Ultromics
Jul 2025Participated
$55 MSeries C
PinkDx
Jan 2025Participated
$5 MSeries A
Humata Health
Jun 2024Led
$25 MOther Equity
Tuesday Health
May 2024Participated
$60 MOther Equity
Lumeris
Apr 2024Participated
$100 MOther Equity
Sempre Health
Sep 2023Participated
$20 MOther Equity
Octave
Jul 2023Participated
$30 MSeries B
Network Bio
Aug 2026Participated
$50 MOther Equity
Big Health
Feb 2026Participated
$24 MOther Equity
Daymark Health
Sep 2025Led
$20 MSeries A
Octave
Sep 2025Participated
$51 MSeries C
Noctrix Health
Sep 2025Participated
$34 MOther Equity
Ultromics
Jul 2025Participated
$55 MSeries C
PinkDx
Jan 2025Participated
$5 MSeries A
Humata Health
Jun 2024Led
$25 MOther Equity
Tuesday Health
May 2024Participated
$60 MOther Equity
Lumeris
Apr 2024Participated
$100 MOther Equity
Sempre Health
Sep 2023Participated
$20 MOther Equity
Octave
Jul 2023Participated
$30 MSeries B
78
Items
...
Browse all public portfolio deals

Insights

Time horizon

View by

Deal Distribution

BlueCross BlueShield Venture Partners: 78 funding rounds are recorded in the selected participation categories.All available history.
BlueCross BlueShield Venture Partners: 78 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed10
Series A1211
Series B413
Series C+312
Other Equity814

Monthly Deal Activity

BlueCross BlueShield Venture Partners: 78 deals are recorded across 213 months.All available history.
BlueCross BlueShield Venture Partners: 78 deals are recorded across 213 months. All available history
MonthDeals
Feb '091
Mar '090
Apr '090
May '090
Jun '090
Jul '090
Aug '090
Sep '090
Oct '090
Nov '090
Dec '090
Jan '100
Feb '100
Mar '100
Apr '100
May '101
Jun '100
Jul '100
Aug '100
Sep '100
Oct '101
Nov '100
Dec '100
Jan '110
Feb '110
Mar '110
Apr '110
May '110
Jun '110
Jul '110
Aug '110
Sep '110
Oct '112
Nov '110
Dec '110
Jan '121
Feb '120
Mar '120
Apr '120
May '121
Jun '120
Jul '120
Aug '121
Sep '120
Oct '120
Nov '120
Dec '120
Jan '130
Feb '130
Mar '130
Apr '131
May '130
Jun '130
Jul '130
Aug '131
Sep '131
Oct '130
Nov '130
Dec '130
Jan '140
Feb '140
Mar '141
Apr '140
May '140
Jun '140
Jul '141
Aug '140
Sep '141
Oct '140
Nov '140
Dec '140
Jan '150
Feb '150
Mar '150
Apr '150
May '150
Jun '151
Jul '151
Aug '150
Sep '151
Oct '151
Nov '151
Dec '151
Jan '162
Feb '160
Mar '161
Apr '160
May '161
Jun '161
Jul '160
Aug '161
Sep '160
Oct '162
Nov '160
Dec '160
Jan '170
Feb '170
Mar '170
Apr '170
May '170
Jun '170
Jul '172
Aug '170
Sep '170
Oct '170
Nov '170
Dec '170
Jan '180
Feb '181
Mar '180
Apr '181
May '180
Jun '180
Jul '183
Aug '180
Sep '180
Oct '180
Nov '181
Dec '181
Jan '190
Feb '190
Mar '191
Apr '190
May '192
Jun '190
Jul '190
Aug '190
Sep '190
Oct '190
Nov '192
Dec '190
Jan '200
Feb '201
Mar '200
Apr '201
May '201
Jun '202
Jul '200
Aug '200
Sep '200
Oct '200
Nov '200
Dec '203
Jan '211
Feb '211
Mar '211
Apr '210
May '210
Jun '211
Jul '210
Aug '211
Sep '213
Oct '211
Nov '210
Dec '210
Jan '221
Feb '221
Mar '220
Apr '221
May '220
Jun '221
Jul '220
Aug '220
Sep '220
Oct '221
Nov '220
Dec '220
Jan '231
Feb '231
Mar '230
Apr '230
May '230
Jun '230
Jul '231
Aug '230
Sep '231
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '241
May '241
Jun '241
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '251
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '251
Aug '250
Sep '253
Oct '250
Nov '250
Dec '250
Jan '260
Feb '261
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '261
Sep '260
Oct '260

Sector Breakdown

BlueCross BlueShield Venture Partners: Health & Life Sciences is the largest displayed sector by deal count (67 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

BlueCross BlueShield Venture Partners: Health & Life Sciences is the largest displayed sector by deal count (67 deals). All available history
SectorDeals
Health & Life Sciences67
Enterprise Software17
Fintech13
Professional Services13
AI & Machine Learning9
Data, Analytics & IT9
Consumer & Lifestyle6
Networks, Cloud & Communication4
Media & Entertainment2
Cybersecurity & Privacy2
Space & Frontier Tech1
Developer Tools1

Deal Size Distribution

BlueCross BlueShield Venture Partners: 78 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

BlueCross BlueShield Venture Partners: 78 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M11
$5M-$10M12
$10M-$25M27
$25M-$50M15
$50M-$100M9
$100M-$250M3
$250M-$500M1
$500M-$1B0
$1B+0

Deals By Geography

BlueCross BlueShield Venture Partners: United States has the largest recorded deal count among the displayed regions (75 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

BlueCross BlueShield Venture Partners: United States has the largest recorded deal count among the displayed regions (75 deals). All available history
RegionDeals
United States75
Europe3
BlueCross BlueShield Venture Partners: 20 co-investors are shown, with Sandbox Industries sharing 31 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

BlueCross BlueShield Venture Partners: 20 co-investors are shown, with Sandbox Industries sharing 31 recorded deals. All available history
Co-investorShared deals
Sandbox Industries31
.406 Ventures11
Echo Health Ventures7
HLM Venture Partners6
Oak HC/FT6
Section 326
Deerfield Management5
Casdin Capital4
Khosla Ventures4
Optum Ventures4
Byers Capital3
Camden Partners3
CareSource3
Flare Capital Partners3
Google Ventures3
Highmark Ventures3
Kleiner Perkins3
LRVHealth3
Northpond Ventures3
Oxford Science Enterprises3

Investment Strategy

BlueCross BlueShield Venture Partners: Led accounts for 36% and participating for 64% of round participation.All available history.
BlueCross BlueShield Venture Partners: Led accounts for 36% and participating for 64% of round participation. All available history
CategoryDeals (count)Share (%)
Led2836%
Participating5064%
BlueCross BlueShield Venture Partners: Single-lead accounts for 46% and co-led for 54% of lead dynamics.All available history.
BlueCross BlueShield Venture Partners: Single-lead accounts for 46% and co-led for 54% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead1346%
Co-led1554%

Team

John Banta

Vice President of Investments

Thomas Hawes

Co-Founding Team & Board Member