Healthworx is the corporate venture, innovation, and commercialization arm of CareFirst BlueCross BlueShield. It creates, enables, and invests in early-stage companies solving critical problems in healthcare to improve quality, accessibility, and affordability of care.
61% of their portfolio is in Healthcare. Deal activity decreased year-over-year (1 deals in the last 12 months vs 2 prior). Their most common stage is series-a (44% of deals). Average disclosed round size is $19.7M (across 16 rounds with reported amounts).
Portfolio
16
Fund Size
—
Top Stage
Series A
Last 12 Mo
1
Team
MB
Michael Batista
Managing Partner
KM
Katherine Martinko
VP, Venture Development
ED
Emily Durfee
Investing in Healthcare Startups
NS
Nirban Singh
Healthcare VC
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
18 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Chamber Cardio | Series A | $60M | Feb 2026 |
 EvolvedMD | Series B | $34M | Jan 2025 |
 Culina Health | Series A | $7.9M | Dec 2024 |
| CCULINA | Series A | $7.9M | Dec 2024 |
 KINS | Series A | $7M | Jul 2024 |
 Better Health | Strategic | $14M | Jun 2024 |
 Different Health | Unknown | $14M | Jun 2024 |
 SafeRide | Series C | — | Oct 2023 |
 Scene Health | Series B | $17.7M | Jan 2023 |
| CCULINA | Seed | $4.8M | May 2022 |
 Frame Fertility | Seed | $2.8M | Apr 2022 |
 GetLabs | Series A | $20M | Feb 2022 |
 Socially Determined | Series B | $26M | Jan 2022 |
| Eemocha Health | Series A | $6.2M | May 2021 |
 Zipari | Series B | $22.5M | Jan 2020 |
| Socially Determined | Series A | $11.1M | — |
 Chamber | Series A | $60M | — |
| SSafeRide Health | Series C | — | — |
Top Co-Investors
General Catalyst3 shared
Company Ventures2 shared
American Family Ventures2 shared
Frist Cressey Ventures2 shared
AlleyCorp2 shared
Optum Ventures2 shared
Black Opal Ventures2 shared
Sands Capital2 shared
Sand Hill Angels2 shared
LRVHealth2 shared
Kapor Capital2 shared
Tensility Venture Partners2 shared
Rethink Impact2 shared
Midnight Venture Partners2 shared
Samsung Next1 shared
Caffeinated Capital1 shared
TABLE Management1 shared
Asahi Kasei1 shared
W Health Ventures1 shared
Redesign Health1 shared
Last updated: 14 September 2026