Frist Cressey Ventures

Frist Cressey Ventures (FCV) is a prominent healthcare-focused venture capital firm based in Nashville, Tennessee, strategically positioned within one of the nation's leading healthcare hubs. Co-founded by Senator Bill Frist, a distinguished heart surgeon and former U.S. Senate Majority Leader, and Bryan Cressey, a seasoned private equity investor with deep healthcare expertise, the firm leverages its founders' extensive networks and operational insights. FCV's core mission is to accelerate the growth of high-potential healthcare enterprises by providing not just capital, but also strategic guidance and value-added partnerships, aiming to drive innovation and efficiency across the healthcare ecosystem.

The firm primarily targets growth-stage companies that are poised for significant scale and disruption within various healthcare sub-sectors, including healthcare services, digital health, and health information technology. FCV's investment philosophy emphasizes active collaboration with portfolio companies, offering access to their vast network of industry leaders, policymakers, and operational experts. This hands-on approach is designed to help companies navigate complex regulatory landscapes, optimize business models, and achieve sustainable growth, ultimately contributing to improved patient outcomes and system efficiencies.

Frist Cressey Ventures has demonstrated consistent growth in its capital base, reflecting strong investor confidence in its strategy and team. The firm successfully closed its third fund, FCV III, in 2023, raising $300 million to continue its investment activities. This follows previous successful funds, including FCV II, which closed at $250 million in 2020. FCV's typical investment size ranges between $10 million and $40 million, reflecting its focus on providing substantial growth capital to companies ready to scale. Through its strategic investments, FCV remains committed to identifying and nurturing companies that are transforming healthcare delivery and value.