April 30, 2021 – CVS Health (Woonsocket, RI) announced the launch of CVS Health Ventures, a dedicated corporate venture capital fund that will invest in and partner with “high-potential, early-stage companies focused on making healthcare more accessible, affordable, and simpler.”
The fund will initially launch with $100 million allocated for investments and will focus on companies with the potential for technology-enabled innovation and disruption in digital health care that are anchored in CVS Health’s core strategy.
The company says that CVS Health Ventures will build relationships with early-stage companies via investment as well as by offering expertise and insights from CVS Health.
CVS Health Ventures is led by Joshua Flum, EVP, Chief Strategy & Business Development Officer, CVS Health.