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The Venture Codex

Overview

Investment firm transforming U.S. health care through technology.

Founded

2018

Deals · 12mo

9

Links

Stage focus

Series B
Series C

Geographic focus

United States

Sector focus

Finance
Financial Services
Health Care
Venture Capital

Investment portfolio

  • Hopscotch Primary Care

    Led · Series D · Aug 2026

    Hopscotch Primary Care operates a technology-enabled primary care model serving rural communities across the southeastern United States. Founded in 2021, the company serves more than 15,000 patients through 12 clinical locations, with its largest concentration in rural Western North Carolina. Its model emphasizes same-day visits, 24/7 access to care teams, and proactive outreach supported by administrative and clinical technology. Hopscotch reports strong patient-facing metrics—Net Promoter Score of 89 and patient retention above 90%—and says it has driven medical-loss-ratio improvement of over 25 percentage points for patients in their first two years. That operating performance is already translating to profitable operations in Western North Carolina. The company plans to use recent funding to expand into additional rural markets and continue scaling its technology-powered operations.

  • Kin Health

    Participated · Seed · May 2026

    Kin Health builds a patient-facing AI notetaker that records doctor visits, transcribes conversations using specialized medical models, and returns user-facing summaries with action items and next steps. The app encrypts patient data and is private by default; it is not HIPAA-certified but the company says it adheres to the same privacy standards. Founders are physicians Arpan and Amit Parikh and Kyle Alwyn, with GoodRx co-founders Doug Hirsch and Trevor Bezdek as founding partners and executive chairmen. Kin says it evaluates outputs at multiple processing stages to improve accuracy and is working to handle different accents and challenging audio conditions. The company plans to bring in additional health data sources this year, including physicians’ notes via EHR integrations, and will keep the app free while monetizing through referrals to specialists and labs. The product faces industry concerns around AI accuracy, consent, and data security, and Kin notes clinicians should review AI-generated documentation.

  • Jimini Health

    Participated · Seed · Apr 2026

    Jimini Health builds clinician-supervised AI infrastructure for behavioral health provider organizations, with a flagship platform called Sage that integrates into regulated clinical environments. Sage is designed so licensed clinicians maintain oversight of every patient interaction while enabling providers to deploy AI at scale. The company emphasizes compliance with regulatory requirements and direct integration with clinical workflows. Jimini plans to expand AI development across additional clinical settings and scale partnerships with large behavioral health providers nationwide using proceeds from its recent financing. Financially, the company raised a $17M Seed round led by M13, bringing total funding to over $25M. Jimini Health is based in New York and is led by CEO Luis Voloch.

  • Qualified Health

    Participated · Series B · Mar 2026

    Qualified Health provides a secure enterprise AI platform and strategic services to help health systems deploy AI with embedded safety, governance, and monitoring. Its platform combines workflow automation, agent development, clinical safeguards, real-time monitoring, and end-to-end traceability. Early deployments with partners including Mercy, Emory Healthcare, University of Rochester Medicine, Jefferson Health, and the University of Texas System have produced measurable revenue uplift and cost savings, including more than $15 million in run-rate impact at UTMB within six months. The platform currently supports more than 500,000 users across health systems representing approximately 7% of U.S. hospital revenue. The company is led by former health system executives, frontline physicians, clinical transformation experts, and Silicon Valley engineers. Qualified Health plans to deepen partnerships and scale its platform responsibly while expanding governance, monitoring, and infrastructure to support mission-critical AI deployments.

  • Indigo

    Participated · Series B · Jan 2026

    Founded in 2023, Indigo offers vertically integrated medical malpractice insurance that pairs deep domain expertise with its proprietary AI platform, Lux. Lux applies advanced machine-learning models to automate traditionally manual underwriting workflows, enabling faster, more precise coverage decisions for physicians and their brokers. In less than two years the company has grown to insure nearly 1,000 providers nationwide and has written over $10 million in premium, with 20 % of submissions already fully underwritten automatically. This technology-led approach both increases underwriting throughput and maintains disciplined risk selection, driving strong broker satisfaction. Indigo’s business model emphasizes reduced administrative overhead and improved pricing accuracy, which it believes will ultimately lower premiums for high-quality medical groups. The company plans to use fresh capital to expand R&D, enhance product capabilities, grow distribution partnerships, and scale operations. Backed by healthcare-focused investors, Indigo aims to redefine medical malpractice insurance through vertical AI and continued automation of complex specialty risk.

Insights

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