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Frist Cressey Ventures

VC

USHealthtechAI/MLB2B SaaS

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Investment thesis

Frist Cressey Ventures is a healthcare venture capital firm on a mission to transform healthcare and improve lives. The firm invests in early-stage startups that build technology or tech-enabled services to advance quality of care, system integration, patient outcomes, affordability, and access. With $846M AUM, FCV focuses on accelerating the growth of high potential healthcare companies through a differentiated healthcare network, hands-on leadership support, and healthcare policy expertise. Strategic partners including The Cigna Group, MedStar Health and OhioHealth provide healthcare to more than 50% of the U.S. population. Fund IV emphasizes AI-native business models—platforms built from the ground up with artificial intelligence—while continuing to support value-based care models aligned with outcomes-based reimbursement.

Notable quotes

This milestone reflects the clarity of purpose, conviction, and deep commitment of our team, investors, and portfolio companies, all united by a shared mission to advance innovation in healthcare that improves lives and keeps patients at the center of everything we do. As we enter this next chapter, we're excited to build strong, transformative, and enduring partnerships – and to serve as a trusted partner to the leaders and companies shaping the future of patient-centered care.

Bill Frist · PR Newswire - Fund IV Announcement · 2026-02-18

Frist Cressey Ventures believed in Thyme Care's model early, before the category was clearly defined, and has stayed committed as we have grown into a category-defining leader in specialty care management. The firm has been a close partner and mentor throughout that journey, and its perspective has shaped how we think about scaling patient-centered care to help more people with cancer in more meaningful ways.

Robin Shah · Pulse2.com - Fund IV Announcement · 2026-02-18

We focus on healthcare to forever change our world. I was energized that by investing in healthcare, I could inspire individuals to create teams to drive innovative solutions, improved medical treatments and new enterprises to create the world's best healthcare for patients and their families. Money is energy – an investment fund is a mountain of energy – what better place to energize than healthcare innovation!

Bryan Cressey · FCV Team Page

Team

Bill Frist

Co-Founder & Managing Partner

Healthtech

Bryan Cressey

Co-Founder & Senior Advisor

Healthtech

Navid Farzad

Managing Partner

Healthtech

Derek Dedeker

Principal

Healthtech

Olivia Capra

Principal

Healthtech

Matt Schappell

Senior Associate

Healthtech

Recent investments

CompanyRoundSizeDate
One to One HealthSeries A$12m2026-01-21
Modicus PrimeSeries A$8m2026-05-06
Oshi HealthSeries C$60m2024-10-16
MD AllySeries A$14m2024-08-13
Thyme CareSeries C$95m2024-04-24
Monogram Healthunknown
Devoted Healthunknown
Axuallunknown
Bicycle Healthunknown
Carta Healthcareunknown2025-05-15

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