Oak HC/FT News
7 articles
Oak HC/FT undeterred as healthcare, fintech opportunities remain vast PE Hub
The article is about registering for limited access to industry news, analysis, and data, along with regular email updates.
Patricia Kemp, Oak HC/FT
The demise of FTX, a prominent crypto exchange, has left the crypto industry grappling with the consequences and uncertainties left in its wake. The aftermath of FTXs explosion has revealed deep fault lines within the industry and increased banks caution toward the technology. The once-unified industry now faces a turbulent next few years.
CustomersPartners
Oak HC/FT's Andrew Adams on bending the covid-19 curve with virtual care PE Hub
The Companies Oak Is Eyeing Don't Have to Be Profitable, But They Must Have Potential, Says Exec
Oak HC/FT, a U.S.-based investment firm, has shown interest in investing in Israels healthcare and fintech sectors. The firm manages almost $2 billion in assets under management across its dedicated funds. Daniel Petrozzo, a partner at Oak HC/FT, stated that the firm is not looking for bargains but is interested in companies with rational valuations. Oak HC/FT has made investments in several Israeli companies, including Pagaya Investment Israel, Kryon Systems, Namogoo Technologies, Authentix, Rapyd Financial Networks, and Panorays. Petrozzo believes that companies with valuations in the hundreds of millions of dollars but with good returns are also worth investing in. Oak HC/FT is focused on quickly growing companies in the $10 million to $20 million annual turnover range and sees Israel as a strategic interest due to its potential for such investments.
InvestmentPartners
With a new $800M fund, Oak HC/FT is staying true to its name
Oak HC/FT, a venture capital fund focused on healthcare and fintech, has raised an $800 million fund, its largest yet. The firm has seen a significant increase in startups in these sectors and aims to support and partner with companies in these industries. Oak HC/FT recently led a $35 million Series B funding round for Unite Us, a care coordination and outcome tracking platform. The firms portfolio also includes companies like Devoted Health, Galileo, Kryon, Poynt, Clara Analytics, and Groundspeed. Oak HC/FT plans to deploy capital from its third fund and leverage its networks, relationships, and expertise to support the next generation of entrepreneurs in healthcare and fintech.
InvestmentExpand
Just three years old, Oak HC/FT closes its second fund with $600 million
Oak HC/FT, a young firm focused on financial and healthcare technology companies, closed its second fund with $600 million. The firm, which spun out of Oak Investment Partners, has a strong track record and is backed by investors who have faith in its potential. Oak HC/FT typically invests between $5 million and $50 million in growth-stage companies and has made significant bets in companies like LDI, VillageMD, and Insureon. The firm does not invest in bioengineering startups or medical devices, but rather focuses on pharmaceutical services, alternative-care delivery models, and sub-population management companies. Oak HC/FT recently saw its first exit with Thermo Fisher Scientifics acquisition of Core Informatics. The terms of the deal were not disclosed, but Core Informatics had previously raised $22.5 million, including funding from Oak HC/FT.
InvestmentAcquisition
Oak HC/FT Launches $500 Million Healthcare Information, FinTech Fund
