Announced
Completed
Synopsis
BlueCross BlueShield Venture Partners, a corporate venture fund program to which thirty-six BCBS entities have committed over $800m across four funds, completed the investment in emids, a provider of digital engineering and transformation solutions to the healthcare industry. Financial terms were not disclosed. "We are exceptionally excited about this partnership as it aligns seamlessly with our growth plan. Part of that plan is broadening our work with health plans, an industry vertical that is under increasing pressure to quickly adopt new strategies that harness the power of digital capabilities and analytics. We look forward to partnering closely with Blues plans and payers more broadly in their digital transformation journeys," Saurabh Sinha, emids Founder and CEO.
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