Investors

Cigna is a global health service company with a mission to help improve the health, well-being and sense of security of the people we serve. Our global workforce embodies this mission through its collective role as champions for our customers and communities. Our strategic focus is centered on delivering high quality, affordable, and personalized products and solutions to our customers and clients by leveraging our differentiated strengths as well as our talent and localized approach.

We continue to solve for the market needs of our partners that are ever evolving, including those of our customers, clients and communities, as well as the government and healthcare professionals.

Health-Care Service Corporation logo

Health Care Service Corporation, a Mutual Legal Reserve Company (HCSC), and an Independent Licensee of the Blue Cross and Blue Shield Association, is the largest customer-owned health insurer in the United States and fourth largest overall, operating through our Blue Cross and Blue Shield® Plans in Illinois, Montana, New Mexico, Oklahoma and Texas. HCSC affiliates and subsidiaries such as Dearborn National® and Medecision offer group life, disability and dental solutions, as well as a range of other individual solutions.

The company, founded in 1936, serves more than 15 million members across five states and employs more than 20,000 people in over 60 local offices.

HCSC is dedicated to expanding access to high quality, cost-effective health care and equipping our members with information and tools so they can make the best health care decisions for themselves and their families. Our health plans were pioneers in their states, as they were the first to provide coverage for a number of procedures — ranging from heart and bone marrow transplants, to cancer and leukemia treatments. Today, we are leaders in the development of value-based care models to spur greater collaboration and accountability among various stakeholders to improve the health care experience for patients and consumers and enable them lead healthier lives.

HCSC is dedicated to contributing to the well-being of the communities in which our employees and members live, work and play. We continue our longstanding tradition of community support through charitable investments with community partners, volunteerism, civic engagement, event sponsorship, employee giving, donation drives and in-kind donations.

Our mission at Health Velocity Capital is to be the preferred innovation partner of entrepreneurs and investors working toward the common goal of a high quality, customer-friendly, affordable and sustainable healthcare system. We strive to accomplish this through a culture that is defined by the following characteristics

We believe nothing is more important in building a fast-growing, successful business than getting the right people on the team – and quickly — and aggressively leverage our networks to help build these teams. Our Principals have introduced more than 50 executives, team members, and key contributors (well-known to us and longstanding in our networks) to the companies who have chosen to work with them.

In partnership with outstanding management teams, we leverage our networks to directly drive revenue (and the resulting value-creation). At more than 75% of attributable portfolio companies at our current and prior firms, our Principals have leveraged deep industry relationships and strategic investors to tangibly drive value creation.

Novo Holdings is a Danish private limited liability company wholly owned by the Novo Nordisk Foundation.

Established in 1999, Novo Holdings is the holding company of the Novo Group and manages the Foundation’s investment assets.

In addition to being the major shareholder in the Novo Group companies, Novo Holdings invests the wealth of the Foundation in two key categories: 1. Life Science Investments, which includes investing in life science companies at all stages of development; and 2. Financial Investments, which manages a diversified portfolio of equity and fixed income securities.

Working out of Copenhagen, with affiliates in San Francisco and Boston, Novo Holdings is a world-leading life science investor with a focus on creating long-term value.

The purpose of the investments of Novo Holdings is both to grow the assets of the Foundation and to deliver a return that the Foundation can distribute for scientific, social and humanitarian purposes to improve the health and welfare of people.

Industry Ventures was initially formed in 2000 to make seed-stage investments in start-up technology companies. When the NASDAQ collapsed shortly after we had completed our first direct investments, the venture business entered a very difficult liquidity period. In 2001, we recognized an investment opportunity as the result of this market challenge and shifted our investment strategy to focus on secondary investments in venture-backed companies.

bedford

Bedford Funding is a private equity firm providing long-term capital to businesses in the consolidating and fragmented technology industry with experienced industry focus in the software and IT services segments. With proven success as operating executives, the firm’s leadership team has a keen understanding of the opportunities inherent in technology enterprises.

Bedford Funding was founded in 2006 with launch of its initial fund, Bedford Funding I, and recently raised Bedford Funding II in December 2011. Bedford Funding makes investments worldwide from its headquarters located in White Plains, New York. For more information, please visit the company’s website at www.bedfordfunding.com.

heritage-group

Heritage Group is a Nashville-based, venture capital firm with over 30 years of experience financing and operating healthcare companies at all stages. Created by a diverse group of the nation’s leading healthcare services firms, including Amedisys, Inc., Cardinal Health, CHE Trinity Health, Community Health Systems, Health Care Service Corporation, Intermountain Healthcare, LifePoint Hospitals, Memorial Hermann Healthcare System, Tenet Healthcare, and UnityPoint Health, the Heritage Healthcare Innovation Fund is a $167M strategic initiative focused on investments in businesses that improve the delivery of healthcare services. For more information on Heritage Group, visit www.heritagegroupusa.com.

sentara

Sentara Healthcare is an acknowledged leader in patient safety and quality innovation. Founded in 1888 as the Retreat for the Sick in Norfolk, Virginia, Sentara has ranked for more than a decade among the nation’s top integrated healthcare systems by Modern Healthcare magazine and was the #1 most integrated healthcare system for 2 years consecutively in 2010 and 2011.

Sentara, a not-for-profit health system, operates more than 100 sites of care serving residents across Virginia and northeastern North Carolina. The system is comprised of 10 acute care hospitals, including 7 in Hampton Roads, 1 in Northern Virginia, and 2 in the Blue Ridge region, advanced imaging centers, nursing and assisted-living centers, outpatient campuses, a home health and hospice agency, a 3,680-provider medical staff, and 3 medical groups with 618 providers.

Sentara also offers medical transport ambulances and Nightingale, the first air ambulance serving Hampton Roads. Optima Health, an award winning Sentara owned health plan, serves more than 450,000 members in Virginia.

sutter

Serving patients and their families in more than 100 Northern California cities and towns, Sutter Health doctors, not-for-profit hospitals and other health care service providers share resources and expertise to advance health care quality and access. The Sutter Medical Network includes many of California’s top-performing, highest quality physician organizations as measured annually by the Integrated Healthcare Association. Sutter-affiliated hospitals are regional leaders in cardiac care, women’s and children’s services, cancer care orthopedics and advanced patient safety technology.

kayne

Kayne Anderson Capital Advisors, L.P., founded in 1984, is a leading independent alternative investment management firm focused on niche investing in upstream oil and gas companies, energy infrastructure, specialized real estate, middle market credit, growth private equity and distressed municipal opportunities. Kayne’s investment philosophy is to pursue niches, with an emphasis on cash flow, where our knowledge and sourcing advantages enable us to deliver above average, risk-adjusted investment returns. Kayne manages approximately $24.5 billion in assets (as of 10/31/2013) for institutional investors, family offices, high net worth and retail clients and employs 230 professionals in eight offices across the United States.

sc

The Social+Capital Partnership (“Social Capital”) is a partnership of philanthropists, technologists and capitalists utilizing venture capital as a force to create value and change on a global scale. The Partnership is based in Palo Alto, California.