
Blue Heron Capital is a Richmond, Virginia-based growth equity firm focused on healthcare and enterprise technology. Founded in 2006, the firm typically invests in companies with $3 million to $25 million in revenue, taking minority positions to provide growth capital. Blue Heron combines financial capital with the human capital of its OA Collaborative to fund and build businesses.
52% of their portfolio is in Healthcare. Deal activity decreased year-over-year (1 deals in the last 12 months vs 3 prior). Their most common stage is series-a (40% of deals). Average disclosed round size is $28.1M (across 23 rounds with reported amounts).
Portfolio
23
Fund Size
$102M
Top Stage
Series A
Last 12 Mo
1
Team
Matt Jacobson
Director of Investor Relations
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
| TTava | Series C | $40M | Apr 2026 |
| Series D | $53M | Sep 2024 | |
| CCsa Medical Inc | Series D | $53M | Sep 2024 |
| Pre-Seed | $1.3M | Aug 2024 | |
| Series B | $20M | Mar 2024 | |
| Growth | $200M | Feb 2023 | |
| Series A | $11M | Feb 2023 | |
| Series A | $10M | Jan 2022 | |
| Series A | $12M | Feb 2021 | |
| Series C | $60M | Jan 2021 | |
| Series C | $11M | Mar 2020 | |
| Series B | $12M | Jan 2020 | |
| Bridge | — | Jan 2019 | |
| Unknown | $15M | Jan 2019 | |
| Unknown | $12M | Jan 2015 | |
| WWiserTogether | Series B | $9M | Jan 2014 |
| Series A | $7M | — | |
| Series A | $12M | — | |
| Series A | $9.5M | — | |
| OOgnomy Sleep | Series A | $20M | — |
| Series A | — | — | |
| Series C | $40M | — | |
| Series A | $7M | — | |
| Unknown | $11M | — | |
| Series A | $20M | — |
Top Co-Investors
Last updated: 8 September 2026