Heritage Group is a Nashville, Tennessee-based, healthcare-focused private equity firm founded in 1986. The firm makes minority and majority equity investments in solution-oriented, high-growth healthcare services and technology businesses, and recently closed its Heritage Healthcare Innovation Fund IV at over $370 million.
45% of their portfolio is in Healthcare. Average disclosed round size is $69.3M (across 16 rounds with reported amounts).
Portfolio
20
Fund Size
$370M
Top Stage
Unknown
Last 12 Mo
0
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
20 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Upward Health | Series C | — | Jan 2025 |
| WWellvana Health | Growth | — | Mar 2023 |
 P2 Science | Unknown | — | Feb 2023 |
 Valera Health | Growth | $44.5M | Oct 2022 |
 Simplifyber | Seed | $3.5M | Jul 2022 |
 Climeco | Series C | $50M | Apr 2022 |
 Cycognito | Series C | $100M | Dec 2021 |
 Equum | Growth | $20M | Aug 2021 |
| AAllyAlign Health | Unknown | — | Jun 2021 |
 Wellvana | Unknown | $84M | Jan 2020 |
 Reputation.com | Series B | $30M | Aug 2019 |
 Actifio | Bridge | $100M | Aug 2018 |
 ClearDATA | Growth | $12M | Apr 2017 |
 Simplee | Series C | $20M | May 2016 |
 Guardant Health | Series D | $100M | Jan 2016 |
 MDLive, Inc. | Growth | $50M | Jan 2014 |
| AActifio, Inc. | Bridge | $100M | Jan 2014 |
 Monogram Health | Unknown | $375M | — |
 Vivify Health | Unknown | $3M | — |
| VVivify | Unknown | $17M | — |
Top Co-Investors
Ascension Ventures3 shared
Memorial Hermann Health System3 shared
83North3 shared
Lightspeed Venture Partners2 shared
Norwest Venture Partners2 shared
The Cigna Group Ventures2 shared
Valtruis2 shared
North Bridge Venture Partners2 shared
Andreessen Horowitz2 shared
Crestline Investors2 shared
Advanced Technology Ventures2 shared
Labcorp2 shared
UPMC Enterprises2 shared
OrbiMed1 shared
Khosla Ventures1 shared
Sequoia Capital1 shared
Accel1 shared
The Westly Group1 shared
UpWest1 shared
Sorenson Capital1 shared
Last updated: 8 September 2026