Cobalt Ventures, LLC is a wholly owned strategic venture capital subsidiary of Blue Cross and Blue Shield of Kansas City, the largest not-for-profit health insurer in Missouri and the only not-for-profit commercial health insurer in Kansas City. Cobalt invests in high growth companies that align with Blue KC’s mission and can scale nationally across the payer industry. Cobalt actively partners with entrepreneurs in bringing innovative solutions to healthcare that increase overall quality, improve outcomes, and lower costs for customers and members.
Location: United States, Missouri, Kansas City
Employees: 1-10
Investment Type: Venture Capital
Portfolio 14
| Date | Name | Website | Total Raised | Location |
| 11.04.2023 | MedArrive | medarrive.com | $12.5M | United Sta... |
| - | Preferred ... | phpkc.com | - | - |
| - | Bardavon H... | bardavon.com | $90M | United Sta... |
| - | Cedar Gate... | cedargate.com | - | United Sta... |
| - | Simplifyin... | jisekihealth.com | - | United Sta... |
| - | Concord | concordusa.com | - | United Sta... |
| - | Recovery O... | recoveryone.com | $45M | United Sta... |
| - | Cobalt Med... | cobaltmedplans.com | - | United Sta... |
| - | National M... | nationalmedicalfundingservices.com | - | United Sta... |
| - | Element Me... | elementimaging.com | - | United Sta... |
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Mentions in press and media 6
| Date | Title | Description |
| 02.07.2025 | Handspring Secures $12M to Expand Youth Mental Health Virtual Therapy | What You Should Know: – Handspring, a mental health provider specializing in high-quality virtual therapy for youth, young adults, and their families secures $12M in Series A funding led by Cobalt Ventures, with participation from NextView ... |
| 11.04.2023 | MedArrive Rakes In $8M for Home Care Platform | Home care company MedArrive raised $8 million in new funding, which it will use to further grow its platform, the company announced Tuesday. New York City-based MedArrive cares for patients in their homes and provides services including chr... |
| 22.09.2022 | Bicycle Health Nabs $5M to Scale Its Virtual Opioid Use Disorder Treatment | What You Should Know: Founded in 2017, Bicycle Health provides confidential, convenient and clinically-validated Medications for Addiction Treatment (MAT) and Integrated Behavioral Health support via telemedicine, for the treatment of opioi... |
| 30.03.2022 | Digital Healthcare Company, AristaMD, Secures Funding for Integration and Expansion of Care Transition Services | SAN DIEGO (PRWEB) March 30, 2022 AristaMD, a leading care management company that provides eConsult and referral management solutions, today announced the close of its latest financing to help integrate and expand services that increase pat... |
| 30.03.2022 | Digital Healthcare Company, AristaMD, Secures Funding for Integration and Expansion of Care Transition Services | Cobalt Ventures, a wholly-owned subsidiary of Blue Cross and Blue Shield of Kansas City (Blue KC), selected AristaMD for investment because of its unique approach to coordinating care transition services. The investment will allow AristaMD ... |
| - | MedArrive Secures $8M to Expand At-Home Care | What You Should Know: – MedArrive, a Mobile-integrated care management platform company today announced $8M in new funding led by Cobalt Ventures, a wholly owned subsidiary of Blue Cross and Blue Shield of Kansas City (Blue KC). The investm... |