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Heritage Group

Founders David McClellan Rock Morphis

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Investments

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 53
Average round size
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The average size of a deal this fund participated in
$27M
Portfolio companies 36
Rounds per year 1.43
Lead investments 4
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.26
Exits 13
Key employees 3
Stages of investment
Early Stage Venture
Late Stage Venture
Private Equity

Areas of investment

  • Health Care
  • Software
  • Information Technology
  • Hospital
  • Enterprise Software

Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Heritage Group:
Typical Co-investors
Heritage Group is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Heritage Group:

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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Connections

Health Care
Wellness
$28M05 Oct 2023 Phoenix, Arizona, United States

Wellvana

Health Care
Hospital
Medical
$84M10 Mar 2023 San Antonio, Texas, United States

Monogram Health

Health Care
Hospital
Wellness
$375M09 Jan 2023 Nashville, Tennessee, United States

ZwitterCo

Environmental Consulting
Health Care
Renewable Energy
$33M15 Sep 2022 Cambridge, Massachusetts, United States

Upward Health

13 Sep 2022 Providence, Rhode Island, United States

Transfoam

Biotechnology
$150K05 Aug 2022 Charlottesville, Virginia, United States

Simplifyber

Advanced Materials
Chemical Engineering
CleanTech
Fashion
Manufacturing
Sustainability
$3M06 Jul 2022 -

CyCognito

Cloud Security
Cyber Security
Information Technology
Network Security
$100M01 Dec 2021 Palo Alto, California, United States

Daily.co

Apps
Audio
Communication Hardware
Developer Platform
Real Time
Software
Video
Video Chat
Video Conferencing
Video Streaming
$40M10 Nov 2021 Mountain View, California, United States
News
SimBioSys Raises $15 Million Series A to Develop the Future of Precision Cancer Care

– SimBioSys announced it raised $15m in Series A funding to accelerate the development and commercialization of its TumorScope software platform.
– The company’s novel, simulation-based, precision medicine platform enables individualized treatment planning for cancer patients.
– This Series A was co-led by Genoa Ventures and Northpond Ventures, with participation from AV8 Ventures, Heritage Medical Group, and Mayo Clinic.
– Existing investors and founders also participated in this financing round, bringing the company’s total capital raised to $21m.
– In the first half of 2021, SimBioSys tripled its headcount, bringing in expert clinicians, scientists, and executives from the life sciences industry.

Upward Health Announces Significant Growth Equity Investment Led by Heritage Group

– Upward Health raised a significant equity financing led by Heritage Group, with participation from existing investors including Noro-Moseley Partners, the Blue Venture Fund and Windham Ventures.
– The company partners with health plans, taking on risk and guaranteeing outcomes in both cost and quality across their most complex and high-cost populations.
– The company pairs these members with care specialists who form trusted relationships and coordinate all aspects of the members’ care.
– Upward Health enables Facilitated Virtual Care™ visits with Upward Health providers and works to support and strengthen any existing member relationships with primary care physicians.

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Total investments 53
Average round size 27M
Rounds per year 1.43
Peak activity year 2013
Lead investments 4
Follow on index 0.26
Exits 13
Group Appearance index 0.81

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Connections

Health Care
Wellness
$28M05 Oct 2023 Phoenix, Arizona, United States

Wellvana

Health Care
Hospital
Medical
$84M10 Mar 2023 San Antonio, Texas, United States

Monogram Health

Health Care
Hospital
Wellness
$375M09 Jan 2023 Nashville, Tennessee, United States

ZwitterCo

Environmental Consulting
Health Care
Renewable Energy
$33M15 Sep 2022 Cambridge, Massachusetts, United States

Upward Health

13 Sep 2022 Providence, Rhode Island, United States

Transfoam

Biotechnology
$150K05 Aug 2022 Charlottesville, Virginia, United States

Simplifyber

Advanced Materials
Chemical Engineering
CleanTech
Fashion
Manufacturing
Sustainability
$3M06 Jul 2022 -

CyCognito

Cloud Security
Cyber Security
Information Technology
Network Security
$100M01 Dec 2021 Palo Alto, California, United States

Daily.co

Apps
Audio
Communication Hardware
Developer Platform
Real Time
Software
Video
Video Chat
Video Conferencing
Video Streaming
$40M10 Nov 2021 Mountain View, California, United States
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