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Healthworx, VC Fund

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:

Industries Healthworx invests in

Health CareWellnessMedicalHospitalInformation Technology

Stages Healthworx invests in

SeedSeries ASeries BPre-SeedSeries C

Countries Healthworx invests in

United StatesUnited Kingdom

Contacts

NameEmailPhoneSocials
Michael Batista Michael Batista
Soo Jeon Soo Jeon
Dan Zohorsky Dan Zohorsky
Doba Parushev Doba Parushev
Gerald Gallagher Gerald Gallagher
See all 6 contacts →

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Investment Focus

Industry

  • Health Care 23 (64%)
  • Wellness 10 (28%)
  • Medical 8 (22%)
  • Hospital 3 (8%)
  • Information Technology 3 (8%)
See all 36 industries →

Stage

  • Seed 13 (36%)
  • Series A 10 (28%)
  • Series B 5 (14%)
  • Pre-Seed 2 (6%)
  • Series C 2 (6%)
See all 8 stages →

Country

  • United States 25 (69%)
  • United Kingdom 1 (3%)

Team

NameTitleInvestmentsLinksEmail
Michael Batista
Michael Batista Director of Commercialization
Director of Commercialization Total investments: 0
Find email
Soo Jeon
Soo Jeon Co-Lead
Co-Lead Total investments: 2
Find email
Dan Zohorsky
Dan Zohorsky Managing Partner
Managing Partner Total investments: 1
Find email
Doba Parushev
Doba Parushev Director of Corporate Venture Capital at Healthworx
Director of Corporate Venture Capital at Healthworx Total investments: 10
Find email
Gerald Gallagher
Gerald Gallagher Venture Capital Investor
Venture Capital Investor Total investments: 0
Find email
See all 6 team members →

Investments

CompanyDescriptionRoundLinks
RAAPID INC RAAPID INC
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 Chamber Cardio
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 Positive Development
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 evolvedMD
EvolvedMD is leading the integration of behavioral health services in modern primary care. $34M / Series B / Jul 14, 2025
Culina Health Culina Health
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 Kins
Kins is a modern physical therapy for injury and chronic pain. $7M / Series A / Jul 16, 2024
Better Health Better Health
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 Positive Development
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 SafeRide Health
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 Better Health
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 →

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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 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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