Oak HC/FT
Venture fund
- Stages
- Series A, Series B, Growth
- Cheque size
- $10M to $100M
- Based in
- United States
- Focus
- Revenue Cycle & Payments, Primary & Virtual Care, Health Data Infrastructure
Oak HC/FT is a venture growth equity firm founded in 2014 by Annie Lamont, Andrew Adams and Tricia Kemp as a spin out of Oak Investment Partners, focused on healthcare and financial technology. It has backed companies such as athenahealth, Aspire Health and Devoted Health.
Growth equity for healthcare services and fintech infrastructure with proven unit economics.
Notable investments
- VillageMD
- Main Street Health
- Ophelia
The journey
How Oak HC/FT got here, step by step.
2014
Firm founded
Annie Lamont, Andrew Adams and Tricia Kemp founded Oak HC/FT as a spin out of Oak Investment Partners.
2014
Debut fund of 500 million dollars
The firm announced its first venture growth equity fund targeting healthcare and fintech companies.
2019
Third fund closes at 800 million dollars
Oak HC/FT raised an 800 million dollar fund continuing its healthcare and financial technology focus.
2021
New funds close at 1.4 billion dollars
The firm closed more than a billion dollars in new commitments across its two strategies.
2022 to 2024
Landmark healthcare investments
The portfolio included companies such as Devoted Health and Aspire Health.
Investors at similar stages
- 7wireVentures
Venture fund
- Andreessen Horowitz Bio + Health
Venture fund
- Bessemer Venture Partners
Venture fund
- CVS Health Ventures
Corporate venture
- Define Ventures
Venture fund
- Elad Gil
Angel investor