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CareSource

230 N. Main St., Dayton, Ohio, 45402, United States

Overview

CareSource is a nonprofit managed care organization based in Dayton, Ohio. It is one of the largest Medicaid-managed care plans in the United States. The company is dedicated to making a lasting difference in its members' lives by improving their health and well-being.

Total investments
7
Lead investments
1
Investments · 12mo
1
Active investors
8

Sector focus

  • Health Care
  • Medical
  • Non Profit
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Investment portfolio

  • Radley Health

    Participated · Seed · Jun 2026

    Radley Health operates a peer-driven behavioral health model that leverages certified peer support specialists—individuals with lived experience in recovery—to provide ongoing engagement, mentorship, and support for adults with serious mental illness. The company has built one of the largest peer support networks in its region, with more than 450 certified peer support specialists operating across 70+ counties in Ohio and established partnerships with behavioral health and community organizations such as Talbert House, Mercy Health, and the University of Cincinnati Mobile Crisis Unit. Radley aims to integrate peer services with clinical care to improve outcomes, reduce hospitalizations, and lower total cost of care for Medicaid populations while addressing access gaps in Mental Health Professional Shortage Areas. Radley is expanding geographically, preparing to launch operations in Georgia where it has recruited 50 peer specialists through a partnership with the Georgia Mental Health Consumer Network. The company plans to deepen provider and community partnerships and enhance its technology platform to support scalable, data-driven care delivery. Radley is based in Cincinnati and recently closed a $3 million seed round to fund this growth.

  • myBiometry

    Participated · Seed · Nov 2024

    myBiometry is developing fenoTRACK, a portable non-invasive breath test that measures fractional exhaled nitric oxide (FeNO) to detect type 2 airway inflammation in asthma and COPD patients. The company says FeNO data helps identify patients at risk of exacerbations and that FeNO-guided therapy can reduce exacerbation risk by 38–50% in adults and children. myBiometry uses connected monitoring and intelligent diagnostics to detect exacerbations up to 20 days in advance and deliver proactive, actionable data to patients and clinicians. The company is completing development and preparing fenoTRACK for regulatory submission; its products are in development and have not yet been cleared by the FDA. myBiometry raised an oversubscribed $5 million Seed round to advance development and regulatory plans. Headquartered in Massachusetts with operations in Indiana, the company targets a large addressable market of asthma and COPD patients globally.

  • Your Money Line

    Participated · Series A · Aug 2024

    Your Money Line offers financial coaching as an employee benefit, pairing AI-powered software with empathetic live coaches to guide participants toward financial stability and confidence. The company serves hundreds of businesses, schools, and hospital systems to improve employee wellness, engagement, and retention. Led by founder and CEO Peter Dunn, the business positions its solution as a workplace benefit to support employees. The company intends to use new funding to accelerate development of its financial wellness solution. The fundraising and board additions signal investor confidence in its product and go-to-market approach. The company is based in Indianapolis, IN. Your Money Line (YML) provides a corporate financial wellness SaaS that connects employees and their families to one-on-one Certified Financial Planners® and Accredited Financial Counselors®, personalized action plans, and an interactive dashboard with dynamic graphs and charts. The platform includes hundreds of hours of e-learning webinars, courses, blogs and articles and offers 24/7 support via phone, email and chat. YML serves a client base of hundreds of organizations nationwide, including The University of Chicago, UT Health (University of Texas), Arapahoe County (CO), Pacers Sports and Entertainment, and Wayne Township (IN). The company emphasizes that it will not sell participants financial services products. YML has recently strengthened its leadership with hires of tech executives Matt Lubbers, Molly Fohrer and Doug Collins, and added Aman Brar to its board. The company plans to use new capital to invest in its software, marketing and distribution team, and the infrastructure needed to support its growing SaaS business.

  • Tuesday Health

    Participated · Equity · May 2024

    Tuesday Health launched an innovative supportive care solution in 2024, powered by a proprietary technology platform and the mytuesday app that enables symptom self-reporting and personalized care plans. The company delivers coordinated transitions from Medicare Advantage, Medicaid, or commercial insurance into high-quality hospice care when appropriate and emphasizes engaging patients and caregivers earlier in the course of disease. Tuesday Health leverages clinical expertise, advanced data solutions, and technology to provide individualized, appropriately timed supportive care. The company was launched in 2023 and was developed from a partnership of Valtruis and Mass General Brigham Ventures. Tuesday Health is based in Nashville and says it is starting operations in Ohio with plans to expand nationwide rapidly. The organization positions its model to reduce hospitalizations and improve patient experience by modernizing supportive care workflows and incentives.

  • Augment Therapy

    Led · Equity · May 2023

    Augment Therapy offers immersive, gamified technology designed to improve rehabilitative care and encourage exercise among children and adults. Its platform is used in pediatric inpatient and outpatient settings, adult rehabilitation, skilled nursing facilities, and in provider-focused at-home care. Expected outcomes cited include higher patient satisfaction, greater compliance with rehabilitative regimens, reduced inpatient stays and readmissions, and increased functional mobility. The company is running a pilot program in four Ohio locations with CareSource to research and showcase these effects. CareSource announced a $1 million investment to strengthen the partnership and support expansion. Augment Therapy and CareSource plan to expand the pilot into additional markets including Georgia, Indiana, Arkansas, Texas, Florida, Kansas, and Michigan.

Team

  • Josh Boynton

    Senior Vice President, Specialty Companies and Complex Health Solutions

    LinkedIn
  • Johan Botha

    Technology Architect

    LinkedIn
  • Bobby Cagle

    Executive Director of Child Welfare

    LinkedIn
  • Matt Tipples

    Director, Business Development

    LinkedIn