Participated · Equity · Jan 2026

HPS/PayMedix delivers the PayMedix platform, a unified healthcare payments solution that guarantees payment to providers, offers the patent-pending SuperEOB®, and extends complete, interest-free financing to patients. The system streamlines transactions for payors, providers, employers, and consumers, aiming to ease the affordability crisis in U.S. healthcare. To date, PayMedix has processed more than $7 billion in medical payments for hospital systems and physician practices. The company reports years of 100% provider retention, over 93% employer retention, and consumer satisfaction ratings above 91%, underscoring strong market acceptance. Its 2024 acquisition of TempoPay broadened the platform to cover pharmacy, dental, and vision expenses. With growing nationwide demand, the firm plans to expand distribution and enhance its technology to reach more patients and providers. Headquartered in Milwaukee, HPS/PayMedix positions itself as a critical intermediary that lowers friction and increases affordability across the healthcare payment ecosystem.

Led · Series B · Oct 2023

Optimize Health is a Seattle-based provider of a remote patient monitoring and chronic care management software platform. Led by CEO Todd Haedrich, the company’s platform helps healthcare providers improve patient outcomes, enhance clinical decision-making, and optimize operational efficiency. Its technology assists physicians in preventing episodic events, delivering personalized care plans, and enabling clinical teams to practice proactive medicine by sharing patient data and insights. The platform also empowers patients with visibility into their health metrics to increase engagement. Thousands of healthcare providers have used the software to drive down costs and create better outcomes. The company plans to use new funding to accelerate market strategy, scale operations, expand its product portfolio, and fuel market expansion. Optimize Health recently closed an $18M Series B financing. Founded in 2015 and based in Seattle, Optimize.health offers an end-to-end remote patient monitoring service used by independent practices and hospital systems. The platform ingests data from home devices such as blood pressure cuffs and pulse oximeters, surfaces potential issues on a clinician dashboard, integrates with EHRs, and supports outreach via texts and video calls. The dashboard can trigger billing to insurers for clinician monitoring. The company shifted from its prior Pillsy smart pill-bottle product to a broader remote-monitoring strategy. Optimize.health is capitalizing on a recent Medicare policy change that allows providers to bill for remote monitoring and on increased attention to telemedicine amid the pandemic. Revenue recently grew more than 800% year-over-year; the company employs fewer than 30 people and has raised over $21 million to date. optimize.health offers a technology platform that enables healthcare providers to deliver patient-centric, reimbursable remote monitoring using a wide selection of integrated, affordable devices. The solution integrates device data with the company’s platform to help patients and providers improve health outcomes and contain costs. The company plans to use new funding to build out platform capabilities and integrate additional data sources, and to expand its sales and marketing teams. optimize.health was established in 2019 by Jeff LeBrun and Chuks Onwuneme and is based in Seattle with additional employees in Phoenix, Houston and Charlotte, NC. Its team and advisors include clinicians, software engineers, designers and data scientists with backgrounds at Google, Microsoft, Apple, Facebook, Amazon, Novartis, Duke University and the Institute for Health Metrics.

Participated · Equity · Aug 2023

AeroSafe Global provides Cold Chain as a Service (CCaaS) for biopharmaceuticals, offering reusable thermal packaging, outsourced supply chain services, and a temperature-monitoring control tower under a pay-per-turn program. Its services are designed to ensure safe, sustainable delivery and effective use of pharmaceuticals. More than 45 biopharma companies use AeroSafe to deliver millions of shipments to hundreds of thousands of patients, providers, pharmacies, and hospital systems across 85 countries. The company is led by CEO Jay McHarg and emphasizes operational scale and sustainability in its offering. Following the recent financing, AeroSafe plans to invest in product development and increased operational capacities to support continued customer growth. The article reports a $43M financing raised to support these initiatives. AeroSafe Global provides end-to-end cold-chain-as-a-service (CCaaS) combining proprietary temperature-controlled packaging with supply chain management, data tracking and analytics. Its cost-efficient reuse model and temperature reliability are used by pharmaceutical, biopharmaceutical, specialty pharmacy and medical device customers, including 12 of the top 20 global pharmaceutical companies. Many COVID-19 vaccines and treatments are currently being delivered using AeroSafe’s products and services. The company touts a guarantee of zero temperature excursions and reports its reuse model reduces customer greenhouse gas emissions by 40 million pounds per year. AeroSafe will use new capital to support value-added services and technologies and to further expand into new geographies. Comerica Bank expanded the company’s borrowing capacity as part of the financing. AeroSafe Global provides cold-chain-as-a-service (CCaaS) with proprietary packaging technology, a cost-efficient reuse business model, and data tracking and analytics to ensure safe, temperature-controlled delivery of drugs and devices. The company serves more than 30 Fortune 500 pharmaceutical and healthcare customers and guarantees zero temperature excursions across a range of shipping situations. Based in Rochester, New York, AeroSafe combines patented technology with a logistics platform to offer turnkey cold chain solutions from manufacturer to end-user. The company announced an aggregate $31.5 million growth capital investment to accelerate sales and marketing, launch additional value-added services and technologies, and expand into new geographies. AeroSafe emphasizes sustainability through its reusable packaging model and positions itself as a technology-based service partner rather than a vendor. Management says the funds will support industry adoption and continued innovation to meet evolving cold-chain needs. American Aerogel Corporation develops, produces and sells Aerocore, an aerogel-based insulation product used notably in shipping temperature-sensitive biomedical and pharmaceutical goods. The product is designed to increase energy efficiency, reduce deterioration of shipped goods and cut shipping and transportation costs. The company is expanding its market by developing insulation products specifically for refrigerated trucks and intermodal containers. Led by General Manager Jay McHarg, the firm manufactures its insulation products in Rochester, N.Y. In September 2011 the company received new external financing to support growth and manufacturing expansion. Cycle Capital Management will also support the company through its industry network and cleantech growth experience.

Participated · Series B · Aug 2022

Soundstripe is a provider of royalty-free music, sound effects, and stock video used by creators, filmmakers and brands. The company offers nearly 200,000 “use anywhere” digital content assets and owns 8,000+ songs in its publishing catalog. Soundstripe has tens of thousands of customers worldwide and has surpassed more than 13 million total song, sound effect and stock video downloads since its launch in 2016. Its publishing catalog has generated hundreds of millions of impressions across distribution outlets. Soundstripe plans to use its new funding to invest in B2B products and services to grow its expanding Enterprise business, as well as to build tools for its core creator customer base. The company will continue investing in its publishing business to leverage content ownership and distribution. Soundstripe provides unlimited, royalty-free music to video producers through a subscription model, employing composers, mix engineers, songwriters and producers to create and maintain its catalog. Licenses cover all uses and remain in effect if a producer cancels or lets a membership expire. Since launching in 2016 the company has issued over 2 million micro-licenses across more than 130 countries and was exceeding 2019 growth expectations. A few months after completing a $4M Series A, Soundstripe received an additional $2M financing from Craft Ventures. The company says the new capital will fund music acquisitions and partnerships and expand relationships with producers, songwriters, and engineers. Soundstripe also plans to expand into the podcast segment, accelerate international growth, and grow its team and product offerings. Soundstripe is a Nashville, Tenn.-based tech-enabled production music company that provides royalty-free music for video through a subscription model. Its catalog music is created by a team of employed composers, mix engineers, songwriters, and producers. Subscribers pay a fee to legally use music in their videos via micro-licenses that cover all uses and remain in effect if membership is canceled or expires. The service targets filmmakers, YouTubers, advertisers, and other video creators seeking to avoid complicated contracts and high fees. Since its 2016 inception, the company has sold over 2 million micro-licenses across more than 130 countries. Soundstripe plans to use new funding to expand its presence, invest in original content, broaden product offerings, and enhance its enterprise solution.

Participated · Series B · Feb 2022

Enboarder offers a People Activation Platform led by founder Brent Pearson that companies use to inspire action and engage employees across HR programs such as onboarding, L&D, change management, DEI, and transitions. The platform is used by more than 400 companies, including Deloitte, Dolby, Eventbrite, Hugo Boss, ING, McDonalds, Shopify and Wyndham Destinations. Enboarder is based in Austin, Texas. The company raised a $32M Series B to support growth and operations, bringing total investment to $50M. Management says the new funds will be used to double headcount over the next year and to invest in additional infrastructure and systems. The stated objective is to further accelerate the company’s global growth and expansion. Enboarder is an experience-driven onboarding platform that enables HR teams and managers to create, deliver and measure the impact of employee onboarding communications. Its cloud-based solution uses adaptable journeys and people experience data to deliver intelligent, personalized communications for buddies, managers, leaders and employees. The platform is used by large organizations including McDonalds, Gap, EA Games, Verizon, Wyndham, Hugo Boss and Eventbrite. The company closed an $8m Series A financing, bringing total funding to $12m. It intends to use the funds to build out its sales, marketing, customer success and product functions. Brent Pearson is CEO and founder and the company is based in Austin, Texas. Enboarder is an Engagement Onboarding Platform that helps organisations create ongoing, engaging onboarding experiences rather than one-off events. The platform enables customers to build customized workflows for each new hire role and continues support after onboarding to improve preparedness, retention and productivity. Enboarder says employee-focused onboarding increases retention and productivity and makes new hires feel welcome and prepared from the moment they sign their offer letter. The company’s customers include large organisations such as McDonald’s, Deloitte, GE, TomTom, Samsung, HSBC, Westpac, Tesco and Canva. Enboarder plans to use new funding to accelerate growth in the U.S. and to fuel ongoing development of the platform. The company has won multiple HR-tech awards and is used by large organisations globally.