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Maximus Ventures

CVC

USHealthtechAI/MLEnterpriseB2B SaaSOther

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Investment thesis

Maximus Ventures seeks innovative startups from Seed to Series C that share a forward-thinking vision for government. The fund invests in portfolio companies where potential exists to drive joint sales and product development, or where innovative technology developed for commercial markets can be applied to government — particularly in health and human services. Portfolio partners receive not only capital but also strategic and technical support, and access to Maximus' extensive network of government healthcare and civilian clients and contract vehicles. As described by CEO Bruce Caswell at the firm's FY2023 earnings call, the objective is to "partner with innovative companies to learn about and gain unique access to disruptive capabilities while creating growth opportunities for Maximus." The fund makes relatively small bets on startups whose technologies address challenges in Maximus' core markets, with pilot programs used to test and validate those technologies in real government contexts.

Notable quotes

Our objective is to partner with innovative companies to learn about and gain unique access to disruptive capabilities while creating growth opportunities for Maximus.

Bruce Caswell · Washington Technology — Maximus Q4 FY2023 Earnings Call · 2023-11

While we're in the very early stages, we've started to develop several relationships with seed to Series C partners.

Bruce Caswell · Washington Technology — Maximus Q4 FY2023 Earnings Call · 2023-11

I invest in B2B Software, HealthTech, GovTech.

Caroline Casson · OpenVC Investor Profile

Team

Jericho Seguin

Chief Corporate Development Officer

HealthtechAI/MLEnterpriseOther

Caroline Casson

VP

B2B SaaSHealthtechOther

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