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HealthX Ventures

551 W Main St Suite 200, Madison, WI, 53703, United States

Overview

Digital healthcare-focused venture capital firm investing in innovation.

Founded

2015

Deals ยท 12mo

3

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed
Series A

Geographic focus

United States

Sector focus

Developer APIs
Health Care
Health Diagnostics
Information Technology
...

Investment portfolio

32rounds
NAMEDATESIZE
KeyCare
Mar 2026Led
$27 MOther Equity
Empathy Health Technologies
Dec 2025Led
$8 MOther Equity
Cylerity
Oct 2025Led
$28 MDebt
Empathy Health Technologies
Oct 2024Participated
$3 MSeed
Allergy Amulet
Aug 2024Led
$6 MSeries A
Amulet
Aug 2024Led
$6 MSeries A
Sober Sidekick
Jul 2024Participated
$3 MSeed
RED.Health
May 2024Participated
$20 MSeries B
AMOpportunities
Aug 2023Participated
$2 MSeries A
RxLightning
Jun 2023Participated
$18 MSeries A
Peerbridge Health
Mar 2023Led
$10 MOther Equity
Arcascope
Sep 2022Participated
$3 MSeed
KeyCare
Mar 2026Led
$27 MOther Equity
Empathy Health Technologies
Dec 2025Led
$8 MOther Equity
Cylerity
Oct 2025Led
$28 MDebt
Empathy Health Technologies
Oct 2024Participated
$3 MSeed
Allergy Amulet
Aug 2024Led
$6 MSeries A
Amulet
Aug 2024Led
$6 MSeries A
Sober Sidekick
Jul 2024Participated
$3 MSeed
RED.Health
May 2024Participated
$20 MSeries B
AMOpportunities
Aug 2023Participated
$2 MSeries A
RxLightning
Jun 2023Participated
$18 MSeries A
Peerbridge Health
Mar 2023Led
$10 MOther Equity
Arcascope
Sep 2022Participated
$3 MSeed
32
Items
...
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Insights

Time horizon

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Deal Distribution

HealthX Ventures: 32 funding rounds are recorded in the selected participation categories.All available history.
HealthX Ventures: 32 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed14
Series A67
Series B04
Other Equity63
Debt10

Monthly Deal Activity

HealthX Ventures: 32 deals are recorded across 140 months.All available history.
HealthX Ventures: 32 deals are recorded across 140 months. All available history
MonthDeals
Mar '151
Apr '150
May '150
Jun '150
Jul '150
Aug '150
Sep '150
Oct '151
Nov '150
Dec '150
Jan '160
Feb '160
Mar '160
Apr '161
May '160
Jun '161
Jul '160
Aug '160
Sep '160
Oct '160
Nov '160
Dec '160
Jan '171
Feb '170
Mar '170
Apr '171
May '170
Jun '170
Jul '170
Aug '170
Sep '171
Oct '170
Nov '170
Dec '171
Jan '180
Feb '180
Mar '181
Apr '180
May '180
Jun '180
Jul '180
Aug '180
Sep '180
Oct '180
Nov '180
Dec '180
Jan '190
Feb '193
Mar '190
Apr '190
May '190
Jun '190
Jul '190
Aug '190
Sep '191
Oct '190
Nov '190
Dec '190
Jan '201
Feb '200
Mar '200
Apr '200
May '201
Jun '200
Jul '200
Aug '201
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '210
Apr '210
May '210
Jun '211
Jul '210
Aug '211
Sep '210
Oct '210
Nov '210
Dec '210
Jan '220
Feb '220
Mar '221
Apr '220
May '220
Jun '221
Jul '220
Aug '220
Sep '221
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '231
Apr '230
May '230
Jun '231
Jul '230
Aug '231
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '241
Jun '240
Jul '241
Aug '242
Sep '240
Oct '241
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '251
Nov '250
Dec '251
Jan '260
Feb '260
Mar '261
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

HealthX Ventures: Health & Life Sciences is the largest displayed sector by deal count (28 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.

HealthX Ventures: Health & Life Sciences is the largest displayed sector by deal count (28 deals). All available history
SectorDeals
Health & Life Sciences28
Enterprise Software12
Data, Analytics & IT8
AI & Machine Learning7
Networks, Cloud & Communication3
Hardware & Robotics2
Education & Workforce1
Fintech1
Media & Entertainment1
Professional Services1
Space & Frontier Tech1

Deal Size Distribution

HealthX Ventures: 32 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.

HealthX Ventures: 32 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M16
$5M-$10M7
$10M-$25M6
$25M-$50M2
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+1

Deals By Geography

HealthX Ventures: United States has the largest recorded deal count among the displayed regions (31 deals).All available history.

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

HealthX Ventures: United States has the largest recorded deal count among the displayed regions (31 deals). All available history
RegionDeals
United States31
India1
HealthX Ventures: 20 co-investors are shown, with Cultivation Capital sharing 4 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.

HealthX Ventures: 20 co-investors are shown, with Cultivation Capital sharing 4 recorded deals. All available history
Co-investorShared deals
Cultivation Capital4
.406 Ventures3
Colle Capital3
Flybridge Capital Partners3
Mendota Venture Capital3
Nina Capital3
Wisconsin Investment Partners3
AllerFund2
American Heart Association2
Christiana Care Health System2
FortySix Venture Capital2
Great Oaks Venture Capital2
High Street Equity Partners2
Ikigai Growth Partners2
Incite Ventures2
LRVHealth2
M252
McKesson Ventures2
New Dominion Angels2
OCA Ventures2

Investment Strategy

HealthX Ventures: Led accounts for 44% and participating for 56% of round participation.All available history.
HealthX Ventures: Led accounts for 44% and participating for 56% of round participation. All available history
CategoryDeals (count)Share (%)
Led1444%
Participating1856%
HealthX Ventures: Single-lead accounts for 79% and co-led for 21% of lead dynamics.All available history.
HealthX Ventures: Single-lead accounts for 79% and co-led for 21% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead1179%
Co-led321%

Team

Alexis Johnson

Executive Assistant / Office Manager

Brian Lindstrom

Operating Partner

Joel Martin

Partner

Kristi Ebong

Partner

Mark Bakken

Founder, Managing Director