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Cigna Ventures

North America, Connecticut, United States, Bloomfield

Description

Cigna Ventures serves as the dedicated corporate venture capital arm of Cigna, a leading global health service company. Established to accelerate innovation and growth within the healthcare industry, Cigna Ventures strategically invests in early-stage and growth-stage companies that align with Cigna's mission to improve health and well-being. Their investment thesis is deeply rooted in identifying and supporting solutions that enhance health outcomes, improve affordability, and expand access to quality care. Based in Bloomfield, Connecticut, Cigna Ventures leverages Cigna's extensive industry expertise and market reach to provide portfolio companies with more than just capital, offering strategic guidance and potential partnership opportunities.

The firm primarily targets companies operating in critical areas of healthcare transformation, including digital health, advanced data analytics, care delivery innovation, and personalized health solutions. They typically engage with companies in their Series A and Series B funding rounds, though they remain open to highly strategic seed investments or larger growth equity opportunities. Cigna Ventures seeks out ventures that can either complement Cigna's existing service offerings or introduce disruptive technologies and business models that address pressing healthcare challenges. Their strategic approach emphasizes long-term partnerships aimed at fostering sustainable growth and market impact.

Cigna Ventures has demonstrated consistent activity in the market, building a robust portfolio of over 40 investments across various healthcare sub-sectors. These investments span a wide range of innovative solutions, from chronic disease management platforms to behavioral health services and virtual care providers. While specific figures can vary based on the stage and strategic importance of the investment, Cigna Ventures typically deploys initial check sizes ranging from approximately $2 million to $10 million. This flexibility allows them to participate meaningfully in diverse funding rounds, supporting companies through critical phases of their development.

Through its strategic investments, Cigna Ventures plays a pivotal role in shaping the future of healthcare. By backing pioneering startups, they aim to drive the adoption of new technologies and care models that ultimately benefit patients, providers, and the broader healthcare ecosystem. Their commitment reflects Cigna's broader vision to make healthcare simpler, more affordable, and more predictable for the millions they serve worldwide.

Investor Profile

Cigna Ventures has backed more than 25 startups, with 1 new investments in the last 12 months alone. The firm has led 10 rounds, about 40% of its total and boasts 5 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series C, Series D rounds (top funding stages).
  • Majority of deals are located in United States, Canada.
  • Strong thematic focus on Health Care, Wellness, Medical.
  • Led 1 rounds in the past year.
  • Typical check size: $2M – $10M.

Stage Focus

  • Series B (36%)
  • Series C (20%)
  • Series D (16%)
  • Series A (12%)
  • Post Ipo Equity (8%)
  • Series Unknown (8%)

Country Focus

  • United States (96%)
  • Canada (4%)

Industry Focus

  • Health Care
  • Wellness
  • Medical
  • Mental Health
  • Mhealth
  • Therapeutics
  • Apps
  • Software
  • Information Technology
  • Artificial Intelligence (Ai)
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Cigna Ventures frequently co-invest with?

Pura Vida Investments
North America, New York, United States, New York
Co-Investments: 2
Vensana Capital
North America, Minnesota, United States, Minneapolis
Co-Investments: 2
Valtruis
North America, New York, United States, New York
Co-Investments: 2
DigiTx Partners
North America, California, United States, Brisbane
Co-Investments: 2
Optum Ventures
North America, Massachusetts, United States, Boston
Co-Investments: 4
7wire Ventures
North America, Illinois, United States, Chicago
Co-Investments: 4
Primary Venture Partners
North America, New York, United States, Manhattan
Co-Investments: 2
LRVHealth
North America, Massachusetts, United States, Boston
Co-Investments: 2
Heritage Group
North America, Tennessee, United States, Nashville
Co-Investments: 2
Humana
North America, Kentucky, United States, Louisville
Co-Investments: 3

Which angels does Cigna Ventures often collaborate with?

JW
North America, California, United States, Mountain View
Shared Deals: 1
WH
North America, California, United States, San Francisco
Shared Deals: 1
PT
North America, California, United States, San Francisco
Shared Deals: 1
GL
North America, Connecticut, United States, Hartford
Shared Deals: 1
JZ
North America, California, United States, Campbell
Shared Deals: 1

What are some of recent deals done by Cigna Ventures?

Autonomize AI

Austin, Texas, United States

Autonomize develops AI-powered copilot platforms to organize and summarize unstructured data for healthcare and life sciences professionals.

Artificial Intelligence (AI)Health CareInformation TechnologyMedical
Series AJun 12, 2025
Amount Raised: $28,000,000
9amHealth

Encinitas, California, United States

9amHealth gives consumers access to healthcare that is easy and affordable.

Health CareMedicalWellness
Series AFeb 19, 2024
Amount Raised: $9,500,000
Octave

San Francisco, California, United States

Octave provides mental health care that’s both accessible to people and sustainable for providers.

Health CareMental HealthPersonal HealthWellness
Series CJun 15, 2023
Amount Raised: $52,000,000
NOCD

Chicago, Illinois, United States

NOCD is an online OCD therapy platform that helps people with OCD get better and then stay better.

Health CareTherapeuticsWellness
Series BJan 31, 2023
Amount Raised: $34,000,000
Monogram Health

Brentwood, Tennessee, United States

Monogram Health is a specialty provider of evidence-based in-home care and benefit management services for polychronic patients.

Health CareHospitalWellness
Series CJan 9, 2023
Amount Raised: $375,000,000
Valera Health

Brooklyn, New York, United States

Valera Health is a tech-enabled mental health company delivering inclusive and tailored care.

Health CareMental HealthmHealthWellness
Series UnknownOct 7, 2022
Amount Raised: $45,000,000
Alma

New York, New York, United States

Alma is a membership-based network for mental health care providers.

Health CareMedicalMental HealthWellness
Series DAug 23, 2022
Amount Raised: $130,000,000
Cleerly

New York, New York, United States

Cleerly is a digital healthcare company that offers heart disease diagnosis solutions.

AppsArtificial Intelligence (AI)Health CareMedicalWellness
Series CJul 25, 2022
Amount Raised: $223,000,000
Flume Health

New York, New York, United States

Flume Health is a digital insurance platform that provides health insurance plans for self-insured employers.

Financial ServicesHealth CareHealth InsuranceInsuranceInsurTech
Series AMar 4, 2022
Amount Raised: $30,000,000
Neuehealth

Minneapolis, Minnesota, United States

Neuehealth is a healthcare company that builds partnerships with health systems and care providers to create healthcare networks.

Financial ServicesHealth CareHealth InsuranceHome Health CareInsurance
Post Ipo EquityDec 6, 2021
Amount Raised: $750,000,000