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Changing lives starts with changing the status quo.

OUR MISSION

Our mission is to be a catalyst for health care innovation and change that helps improve the health, well-being and peace of mind of those we serve.

OUR STRATEGY

We partner closely with entrepreneurs who – like us – are relentless about unlocking new, bold opportunities to create better health and make health care simpler, more affordable and more predictable. Together, with our partners, we are breaking boundaries and accelerating innovation across three strategic areas:

Insights & Analytics
Digital Health & Retail
Care Delivery & Enablement

OUR PARTNERSHIPS

Together we are stronger, smarter and faster. Here are some of the remarkable companies and teams we are honored to call our partners.

Scientist partners in lab

IN THE NEWS

October 12, 2020

Mobihealthnews

Datavant brings in $40M to power health data exchange across providers, life sciences

Datavant, a data sharing technology startup for providers and life science companies, last week closed $40 million in Series B funding. Transformation Capital headlined the raise, which saw contributions from new backers Johnson & Johnson Innovation - JJDC and Cigna Ventures in addition to those of prior investors Roivant Sciences and Flex Capital.

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Oct 08, 2020

MedCity News

StartUPDATES: New developments for healthcare startups

Datavant, a health IT company, received $40 million in Series B funding. Transformation Capital led the round with participation by new investors Johnson & Johnson Innovation – JJDC, Inc. and Cigna Ventures. Existing shareholders also took part, including Roivant Sciences and Flex Capital. Datavant’s technology enables a match between a consenting patient’s study data and their real world data.

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August 6, 2020

TECH CRUNCH

On-demand mental health service provider Ginger raises $50 million

The company’s $50 million Series D round was co-led by Advance Venture Partners and Bessemer Venture Partners, with additional participation from Cigna Ventures and existing investors such as Jeff Weiner, executive chairman of LinkedIn, and Kaiser Permanente Ventures. To date, Ginger has raised roughly $120 million.

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August 6, 2020

FIERCEHEALTHCARE

Mental health startup Ginger lands $50M backed by Cigna, Kaiser Permanente

“At Cigna Ventures, we are committed to investing in bold, new ways to make high-quality healthcare simpler and more affordable,” Sahil Choudhry, managing director at Cigna Ventures, said in a statement.

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April 1, 2020

MedCityNews

AristaMD raises $18M for eConsult platform

AristaMD, a San Diego-based startup facilitating eConsults, raised $18 million in a series B round led by Cigna Ventures and MemorialCare Innovation Fund. The company plans to use the additional funds to expand its footprint across the U.S.

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February 10, 2020

FIERCEHEALTHCARE

Executive Spotlight—What Cigna's Tom Richards looks for in investment opportunities

Tom Richards, Cigna's senior vice president and global lead of strategy and business development, speaks with FierceHealthcare about what Cigna Ventures looks for in investments. He told FierceHealthcare that investment decisions aim to find potential partners that can make the customer experience easier.

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January 13, 2020

PRESS RELEASE

Cigna Ventures Invests in Two Breakthrough Companies to Accelerate Digital Health Innovation and Connect Customers to Care Anywhere, Anytime

Cigna Ventures today announced it has invested in two breakthrough digital health companies, Buoy Health and RecoveryOne, to advance Cigna's strategy to deliver affordable, predictable and simple care anytime, anywhere. The new partnerships further Cigna's strategy to connect customers to high-quality care and meet them where they are – at home, at work, on the go.

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January 13, 2020

FORBES

Cigna Expands MDLive Telehealth Partnership to Primary Care

Cigna is expanding online access to primary care physicians via its telehealth partner MDLive, a portfolio company of Cigna Ventures, for the insurer’s employer-sponsored plan clients. The move is significant because it greatly expands the use of virtual access to doctors from the already existing behavioral health and urgent care services MDLive offers Cigna employer-sponsored health plan enrollees.

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January 13, 2020

BECKER’S HOSPITAL REVIEW

Cigna Ventures Leads $12M Investment in Telerehab Platform

Trainer Rx, a digital health startup providing personalized, app-based rehabilitation programs for patients with musculoskeletal conditions, announced on Dec. 9 a name change to RecoveryOne and the close of a $12 million funding round. The funding was led by Cigna Ventures, a venture capital fund and wholly owned indirect subsidiary of insurer Cigna.

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January 13, 2020

MEDCITY NEWS

Cigna Ventures leads $29.5M investment in AI analytics firm

Healthcare analytics company Arcadia raised $29.5 million in new funding. The growth capital round was led by Cigna Ventures, with participation from past investors. Burlington, Massachusetts-based Arcadia integrates with more than 40 different electronic health record companies. It aggregates and analyzes records data to help hospitals and accountable care organizations meet metrics for value-based care. The company also develops tools to identify gaps in patient care and find ways to improve on cost.

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