Healthworx
VC Fund
Baltimore, United States
Healthworx is a VC fund in Baltimore focused on Health Care and Wellness. Healthworx operates at the intersection of healthcare and innovation by creating, supporting, and investing in companies that are improving healthcare quality, accessibility and affordability. As the innovation and investment arm of CareFirst of Maryland, Inc., Healthworx envisions a healthier future for all people by changing the way health works.
- Total investments:
- 36
- Last investment:
- Lead investor:
- 14%
Last updated:
For AI agents: llms.txt
Industries Healthworx invests in
Stages Healthworx invests in
Countries Healthworx invests in
Contacts
| Name | Phone | Socials | |
|---|---|---|---|
| See all 6 contacts → | |||
Investment Focus
Industry
- Health Care 23 (64%)
- Wellness 10 (28%)
- Medical 8 (22%)
- Hospital 3 (8%)
- Information Technology 3 (8%)
Stage
- Seed 13 (36%)
- Series A 10 (28%)
- Series B 5 (14%)
- Pre-Seed 2 (6%)
- Series C 2 (6%)
Country
- United States 25 (69%)
- United Kingdom 1 (3%)
Team
| Name | Title | Investments | Links | |
|---|---|---|---|---|
Michael Batista
Director of Commercialization
|
Director of Commercialization | Total investments: 0 | Find email | |
Soo Jeon
Co-Lead
|
Co-Lead | Total investments: 2 | Find email | |
Dan Zohorsky
Managing Partner
|
Managing Partner | Total investments: 1 | Find email | |
Doba Parushev
Director of Corporate Venture Capital at Healthworx
|
Director of Corporate Venture Capital at Healthworx | Total investments: 10 | Find email | |
Gerald Gallagher
Venture Capital Investor
|
Venture Capital Investor | Total investments: 0 | Find email | |
| See all 6 team members → | ||||
Investments
| Company | Description | Round | Links |
|---|---|---|---|
| RAAPID is a full-stack, end-to-end risk adjustment platform. We deliver guaranteed compliant ROI, reduce costs, improve accuracy, reduce physician abrasion, and mitigate the risk in OIG and RADV audits while running a successful risk adjustment program. We offer audit, retrospective & prospective risk adjustment solutions by augmentingnear-human reasoning with Neuro-Symbolic AI as an AI assistant to coders and providers. | Venture - Series Unknown / Apr 09, 2026 | ||
| Chamber Cardio is a healthcare platform enhances cardiovascular health services offering panel management, financial metrics, clinical data, software support, and value-based contracting, enabling patients and healthcare sectors to receive appropriate treatment. | $60M / Series A / Feb 04, 2026 | ||
| Positive Development is improving lives by helping develop the skills to connect with one’s self, family, and community. The company also provides mental and physical health services to children with developmental challenges and their families. They focus on the relationships between parents, caregivers, therapists, and children. Their researchvalidated model is grounded in a deep understanding of the natural and joyful ways that children acquire and strengthen social-emotional skills. Positive Development was founded in 2019 and is based in Washington, DC, USA. | $51.5M / Series C / Aug 05, 2025 | ||
| EvolvedMD is leading the integration of behavioral health services in modern primary care. | $34M / Series B / Jul 14, 2025 | ||
| Culina Health is a personalized nutrition platform powered by registered dietitians to help you prioritize the way you want to live. We make insurance-covered nutrition care accessible and easier to understand so that you can fuel a satisfying and well balanced life. | $7.9M / Series A / Dec 19, 2024 | ||
| Kins is a modern physical therapy for injury and chronic pain. | $7M / Series A / Jul 16, 2024 | ||
| Better Health is a support and supplies platform built on peer-to-peer connection. The supported chronic conditions include ostomy, chronic wounds, diabetes, chronic retention, and incontinence. Better Health is trusted by healthcare payers and providers to deliver peer support, education, and medical supplies to drive engagement and adherence,improve outcomes, and lower the cost of care. The result is reduced overutilization, improved mental health, and a 98% customer satisfaction rating. Co-founded by Naama Stauber Breckler and Adam Breckler, Better Health operates in 48 states and serves the members of top payers, including Medicare, Medicaid, Cigna, Humana, Florida Blue, and Oscar, among others. To learn more, visit joinbetter.com. | $14M / Series A / Jun 13, 2024 | ||
| Positive Development is improving lives by helping develop the skills to connect with one’s self, family, and community. The company also provides mental and physical health services to children with developmental challenges and their families. They focus on the relationships between parents, caregivers, therapists, and children. Their researchvalidated model is grounded in a deep understanding of the natural and joyful ways that children acquire and strengthen social-emotional skills. Positive Development was founded in 2019 and is based in Washington, DC, USA. | $10M / Series B / Jun 07, 2024 | ||
| SafeRide Health is a healthcare technology platform developer that aims to simplify medical transportation, expedite care coordination, and improve patient outcomes. The company's platform enables health plans to manage its members with greater intelligence and control, delivering end-to-end data transparency while improving patientexperience, population health, and programs, and giving patented fleet management solutions to the healthcare industry. | Series C / Oct 05, 2023 | ||
| Better Health is a support and supplies platform built on peer-to-peer connection. The supported chronic conditions include ostomy, chronic wounds, diabetes, chronic retention, and incontinence. Better Health is trusted by healthcare payers and providers to deliver peer support, education, and medical supplies to drive engagement and adherence,improve outcomes, and lower the cost of care. The result is reduced overutilization, improved mental health, and a 98% customer satisfaction rating. Co-founded by Naama Stauber Breckler and Adam Breckler, Better Health operates in 48 states and serves the members of top payers, including Medicare, Medicaid, Cigna, Humana, Florida Blue, and Oscar, among others. To learn more, visit joinbetter.com. | $14M / Series A / Jul 01, 2023 | ||
| See all 36 investments → | |||
Co-Investors
CareFirst
3 deals together
Claritas Health Ventures
3 deals together
Flare Capital Partners
3 deals together
General Catalyst
3 deals together
Kapor Capital
3 deals together
W Health Ventures
3 deals together
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FAQ
What does Healthworx invest in?
Healthworx invests primarily in Health Care, Wellness and Medical startups, most often at Seed and Series A stage. Most of the 36 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 Healthworx?
Public channels for Healthworx include LinkedIn 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 Healthworx?
The team at Healthworx includes Michael Batista (Director of Commercialization), Soo Jeon (Co-Lead) and Dan Zohorsky (Managing Partner), among 6 team members tracked by Shizune. 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 Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
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