
HLM Venture Partners
116 Huntington Avenue 9th Floor, Boston, Massachusetts, 02116, United States
Overview
HLM Venture Partners is a proven, successful venture capital health care investor. Over 60 privately held health care companies have benefited from their expertise, resources and commitment. Emerging health care companies can be confident that HLM Venture Partners' longevity, integrity and reputation will be invaluable assets as they work together to transform their innovative ideas into market-leading businesses.
- Total investments
- 58
- Lead investments
- 20
- Investments · 12mo
- 1
- Active investors
- 8
Sector focus
- Health Care
- Information Technology
- Medical Device
Investment portfolio
- Tebra
Participated · Equity · Dec 2025
Tebra is a Newport Beach, CA-based health-tech company offering an EHR+ platform purpose-built for independent medical practices. Its software connects electronic health records, billing, automation, telehealth, and practice-marketing tools in a single system, allowing clinicians to minimize administrative work and focus on patient care. The platform is currently used by more than 140,000 private healthcare providers who collectively manage 125 million patient records through the service. Tebra positions its product as a comprehensive operating system for the modern practice, and the company plans to accelerate the rollout of new AI-driven capabilities across every module. Funds from its latest raise will be directed toward expanding AI features in areas such as billing, payments, patient experience, and marketing. By deepening automation and intelligence, Tebra aims to enhance efficiency and patient engagement for its growing customer base.
- Yuvo Health
Participated · Series A · Jun 2023
Yuvo Health provides technology-enabled administrative and managed-care solutions to community health centers and Independent Physician Associations. The company leverages sustainable payment systems, scalable infrastructure, and partnerships within the value-based care ecosystem. Launched in January 2021 and led by CEO Cesar Herrera, Yuvo Health currently serves centers in the Northeast and Midwest with plans to expand into other markets. The firm raised $20.2M in a Series A that brought total capital raised to $27.5M. In conjunction with the financing, Fatima Husain of Mastry Ventures joined the company’s board. Yuvo intends to use the proceeds to enter new markets and pursue additional revenue models. Yuvo Health provides technology-enabled administrative and managed-care contracting services to Federally Qualified Health Centers (FQHCs), helping them unlock revenue via value-based care. The company launched in January 2021 and is based in New York City, led by a fully BIPOC founding team. Yuvo serves the downstate New York market and plans expansion across New York, the Midwest, and the Mid-Atlantic. It will use new financing to expand its downstate New York program, develop proprietary technology tools and platform, and deepen partnerships with FQHCs in greater New York and other markets. Yuvo recently published a guide on value-based care for FQHCs and says it will broaden its team in quality analytics, care coordination, product, engineering, and population-health strategy. The startup positions itself to reduce the administrative and operating burden on community health centers so they can focus on patient care.
- Censinet
Participated · Equity · Jan 2023
Censinet offers Censinet RiskOps, a cloud-based, HIPAA-secure risk exchange that automates third-party and enterprise risk-management workflows for providers, payers, and vendors. Its platform includes a Digital Risk Catalog of over 34,000 vendors and products, automated corrective action plans, real-time portfolio management, and Board-ready reporting. The company reports close to 40 customers, 100% ARR growth year-over-year through Q3 2022, and says it has never lost a customer. Censinet recently launched a Healthcare Cybersecurity Benchmarking Study co-sponsored by the American Hospital Association and KLAS Research. The new funding is earmarked for sales and marketing, product development, and customer success to expand the customer base, drive ACV expansion via new product modules, and enter adjacent markets and verticals. Censinet is based in Boston, MA. Censinet offers the Censinet Platform, described as the first third-party risk management platform built by and for healthcare providers to manage vendor threats to patient care. The platform includes One-click Assessment capabilities and a Digital Vendor Catalog that the company says reduce vendor risk assessment time from weeks to seconds, automate workflows, and provide continuous real-time vendor risk insights. Censinet maintains an advisory board of C-level executives from top-tier healthcare providers and vendors who served as design partners during product development. The company announced the launch of the Censinet Platform in April 2019 and emphasizes a security-first approach targeted at healthcare CIOs and CISOs. Censinet intends to use recent funding to expand the platform’s vendor risk management capabilities, scale its go-to-market team, and accelerate adoption by healthcare providers and their vendors. Censinet is led by CEO and Founder Ed Gaudet and is based in Boston, MA.
- Array Behavioral Care
Participated · Equity · Jan 2023
Array Behavioral Care is a Mount Laurel, NJ-based provider of virtual psychiatry and therapy services that delivers telepsychiatry solutions across the continuum of care, from hospital to home. The company supports psychiatrists, therapists, and other clinicians with clinical, operational, administrative, and technical specialists so providers can operate at the top of their licenses and focus on direct patient care. Array has partnered for more than 20 years with hundreds of hospitals, health systems, community healthcare organizations, and payers to expand access and improve outcomes for underserved individuals, facilities, and communities. Today about 90 million Americans can access Array’s services across all 50 states. The company plans to use the new funding to scale in new and existing markets through enhanced service offerings and operations, innovative technology, and expansion of the practice team. Array is led by CEO Geoffrey Boyce and Executive Chief Medical Officer Dr. James Varrell.
- Hazel Health
Participated · Series C · Oct 2022
Hazel Health provides school-based telehealth and teletherapy, partnering with school districts and health plans to deliver virtual pediatric care in school and at home. Its licensed providers deliver teletherapy and virtual care to over four million K-12 students regardless of ability to pay. The company aims to remove barriers to mental and physical health care by integrating services into the K-12 education system. UnitedHealthcare Community & State of Iowa announced a $1.5 million investment to help Hazel partner with Iowa school systems and build the technological infrastructure needed to bring mental health services to students. After the first phase of infrastructure building, Hazel therapists will begin providing services in August, with confirmed districts including Des Moines, Council Bluffs and Cedar Rapids. The Iowa expansion is expected to impact approximately 100,000 students in historically underserved and rural communities. Hazel Health delivers school-based telehealth services, partnering with school districts to provide mental and physical health care to students at school or at home. The company deploys a diverse, culturally competent provider network that works with parents and school staff to make care decisions. Hazel is led by CEO Josh Golomb and Chief Health Officer Dr. Travis Gayles. It has expanded to 14 states and is contracted to provide services to nearly 2.5 million students in more than 3,000 schools. The company says it consistently delivers improved access and quality of care. Hazel intends to use the new funding for continued product innovation and growth. Hazel Health delivers school-linked telemedicine and remote-care services to children, partnering with districts to provide on-site iPad telehealth access and a Hazel at Home service. Founded five years ago by Nick Woods, the company expanded rapidly after COVID-19 to support distance-learning students. It now works with districts responsible for nearly 1.5 million children, growing from about 300,000 pre-COVID. Enrollment and engagement metrics are strong: roughly 90% of eligible families have enrolled and 70% have engaged with services; nearly 40% of users report they don’t have a primary care physician. Hazel has been developing remote telemedicine applications to continue serving students during lockdowns and to expand statewide. The company intends to use new funding to expand its footprint across the U.S., invest in product capabilities to support larger volumes, and support families and district partners.