# Blue Cross Blue Shield of Massachusetts

> Blue Cross Blue Shield of Massachusetts is a VC fund backing Health Care. See 8 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Boston, United States
- Total investments: 8
- Last investment: Nov 2024
- Lead investor: 25%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/blue-cross-blue-shield-of-massachusetts
- X (Twitter): https://twitter.com/BCBSMA
- Website: http://www.bluecrossma.com/
- Facebook: https://www.facebook.com/BCBSMA

Blue Cross Blue Shield of Massachusetts is a VC fund in Boston focused on Health Care and Information Technology. Blue Cross Blue Shield of Massachusetts, they work hard to make sure that their nearly three million members have access to the high-quality, affordable health care they expect and deserve. For more than 75 years, their company has focused on making their vision a reality for the individuals, families, and businesses they serve.They are acommunity-focused, tax-paying, not-for-profit health plan headquartered in Boston, that is committed to working with others in a spirit of shared responsibility to make quality health care affordable. Consistent with their corporate promise to always put their members first, they are rated among the nation's best health plans for member satisfaction and quality.

## Contacts

5 contacts available for Blue Cross Blue Shield of Massachusetts. Shizune tracks 5 team members at Blue Cross Blue Shield of Massachusetts. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/blue-cross-blue-shield-of-massachusetts?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Health Care | 5 | 63% |
| Information Technology | 2 | 25% |
| SaaS | 1 | 13% |
| Advice | 1 | 13% |
| Family | 1 | 13% |

15 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 2 | 25% |
| Grant | 1 | 13% |
| Series A | 1 | 13% |
| Series B | 1 | 13% |
| Series C | 1 | 13% |

7 stages tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Andrew Dreyfus | President and Chief Executive Officer | 2 | https://shizune.co/investors/profile/andrew-dreyfus |
| Aditya Raju | Senior Manager | 0 | https://shizune.co/investors/profile/aditya-raju |
| Bruce Nash | Chief Physician Executive | 0 | https://shizune.co/investors/profile/bruce-nash |
| Shevawn Hardesty | Vice President,Controller and Financial Director | 0 | https://shizune.co/investors/profile/shevawn-hardesty |
| Uzair Rashid | Innovation Leader | 0 | https://shizune.co/investors/profile/uzair-rashid |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Asian Community Fund | Asian Community Fund is a permanent resource designed to develop, strengthen and support Asian Americans and Pacific Islanders (AAPI) community power in Massachusetts, to galvanize and unite the diverse ethnicities within this community, and to build a stronger advocacy voice. | $140K | Grant | Nov 20, 2024 |  |
| Health Haven Rx | Health Haven Rx is building the future of digital pharmacy services. We are on a mission to make pharmacy services more affordable while delivering quality care | $250K | Seed | Jun 14, 2023 |  |
| Brightline | Brightline is a technology-enabled behavioral health home for children and their families. Brightline delivers integrated care through innovative technology, virtual behavioral health services, and a collaborative care team focused on supporting children across developmental stages and their families. | $105M | Series C | Mar 29, 2022 |  |
| Brightline | Brightline is a technology-enabled behavioral health home for children and their families. Brightline delivers integrated care through innovative technology, virtual behavioral health services, and a collaborative care team focused on supporting children across developmental stages and their families. | $65M | Series B | Jun 16, 2021 |  |
| Brightline | Brightline is a technology-enabled behavioral health home for children and their families. Brightline delivers integrated care through innovative technology, virtual behavioral health services, and a collaborative care team focused on supporting children across developmental stages and their families. | $20M | Series A | Aug 19, 2020 |  |
| Ovia Health | Ovia Health offers a comprehensive maternity and family benefits solution that transforms the way women and families are supported throughout the parenthood journey.The company is formerly known as Ovuline is making healthcare a lifestyle. Its mobile apps, Ovia Fertility and Ovia Pregnancy, have helped millions of women start their families andlive healthier lives. | $10M |  | Oct 14, 2016 |  |
| lifeIMAGE | LifeIMAGE is an online network that enables individuals to exchange medical images. LifeIMAGE is interoperable with the hospital EMR to provide integrated access to medical images, from anywhere. Clinicians can exchange medical images with patients and providers, anywhere. It was founded in 2008 and headquartered in Newton, Massachusetts. | $5.1M | Series D | Sep 24, 2015 |  |
| Operating Analytics | Operating Analytics' product, OR Forecast, gives surgical departments a daily forecast of operating room utilization.Hospitals allocate operating room (OR) time using block scheduling—a system that dictates specific days and times during which surgeons can schedule surgeries. Block schedules often do not coincide with actual OR demand,resulting in poor resource utilization and suboptimal financial performance. As such, OR managers must navigate a unique set of resource-related challenges that are not addressed elsewhere in the hospital setting.Operating Analytics’ vision is to improve hospital management through the use of data analytics. Its first product disrupts a paradox that hospitals face: access to OR time is restricted for scheduling surgeries, while OR time frequently goes unused.The Operating Analytics system interfaces with existing scheduling products and converts stored data into actionable knowledge to support intelligent decision-making and resource allocation for ORs. While other companies perform predictive modeling, Operating Analytics positions itself as the only one that focuses on OR demand forecasting and decision support. | $50K | Seed | Jun 01, 2013 |  |

8 of 8 investments shown.

## Co-investors
- [Oak HC/FT](https://shizune.co/investors/profile/oak-hc-ft-partners) — VC Fund, 3 deals together
- [Threshold](https://shizune.co/investors/profile/threshold) — VC Fund, 3 deals together
- [7wire Ventures](https://shizune.co/investors/profile/7wire-ventures) — VC Fund, 2 deals together
- [Blue Shield of California](https://shizune.co/investors/profile/blue-shield-of-california) — VC Fund, 2 deals together
- [Boston Children's Hospital](https://shizune.co/investors/profile/boston-childrens-hospital) — VC Fund, 2 deals together
- [City Light Capital](https://shizune.co/investors/profile/city-light-capital) — VC Fund, 2 deals together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does Blue Cross Blue Shield of Massachusetts invest in?

Blue Cross Blue Shield of Massachusetts invests primarily in Health Care, Information Technology and SaaS startups, most often at Seed and Grant stage. Most of the 8 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Blue Cross Blue Shield of Massachusetts?

Public channels for Blue Cross Blue Shield of Massachusetts include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Blue Cross Blue Shield of Massachusetts?

The team at Blue Cross Blue Shield of Massachusetts includes Andrew Dreyfus (President and Chief Executive Officer), Aditya Raju (Senior Manager) and Bruce Nash (Chief Physician Executive). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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