HLM Venture Partners

VC Waltham, United States · Founded 1983

Website

HLM Venture Partners invests exclusively in breakout healthcare technology, health IT, and tech-enabled healthcare services companies. They leverage deep industry expertise and a strategic network of limited partners to help early and growth-stage businesses scale across the care continuum.

About HLM Venture Partners

HLM Venture Partners is a Boston-based healthcare-focused venture firm with more than thirty years of history investing across digital health, healthcare services, and medical devices, currently deploying out of an active fund with checks generally in the $5M to $15M range for Series A and B rounds. The partners have deep healthcare operating and investment backgrounds and the firm is comfortable leading or co-leading rounds. Healthcare exposure is the entire mandate, with active themes around value-based care enablement, behavioral health, women’s health, healthcare AI software, and tech-enabled services. AI focus is current and credible where it supports a defensible commercial software business. Founders best suited are Series A-stage CEOs with $1M to $10M ARR, a clear payer or provider buyer, and a need for a healthcare-native lead investor who will take a board seat and contribute to commercial strategy. Founders who do not fit include pre-product seed teams, therapeutics, and consumer wellness without an enterprise buyer. Geographic preference is US, with a slight Northeast and Boston bias but no hard regional constraint. The entry path is warm introduction through a portfolio CEO, a Boston-area healthcare operator, or a co-investor at firms like .406 Ventures or General Catalyst’s healthcare practice. LinkedIn outreach with a focused metric-led summary can work for founders with strong traction. Expect a thoughtful, traditional Series A diligence process and a long-term board partner.

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Healthcare AI tools backed by HLM Venture Partners

Tools made by companies in HLM Venture Partners's portfolio that we cover in the directory.

Teladoc Health RPM

Teladoc Health

Patient Engagement & Education

Teladoc Health RPM is a remote patient monitoring solution specializing in chronic condition management, offering connected devices, personalized coaching, and virtual care to improve patient outcomes and support healthcare providers.

Primarily offered through health plans and employers. direct-to-consumer visit fees available for specific services.

InTouch Health

Teladoc Health

Telehealth & Virtual Care

InTouch Health, a Teladoc Health company, delivers enterprise telehealth solutions for hospitals and health systems, enabling virtual care across the continuum from hospital to home.

Contact for pricing

Phreesia

Patient Engagement & Education

Phreesia offers automated patient intake, registration, and payment solutions, streamlining the pre-visit process for healthcare practices, empowering patients, and improving operational efficiency.

Contact for pricing

Wavo Health AI Scribe for Gastroenterology

Wavo Health

Clinical Decision Support & Reference

Wavo Health offers an AI medical scribe solution designed to streamline clinical documentation for physicians, including those in gastroenterology, by automating note generation and integrating with EHRs.

Starting at $75/user/month

Censinet RiskOps™

Censinet

Legal, Compliance & Security

Censinet RiskOps™ is Censinet's flagship, AI-powered, cloud-based risk exchange, purpose-built for healthcare to continuously reduce risk by enabling seamless and secure sharing of cybersecurity and risk data across a collaborative network of HDOs and over 50,000 vendors.

Contact vendor for details.

NeuroFlow

Mental & Behavioral Health AI

NeuroFlow is an AI-powered platform that integrates behavioral health into primary care, identifying at-risk individuals through screening and supporting ongoing management via a patient-facing app.

Subscription-based, scaled model based on the number of active patients/month. starting at $39-$50 per user per month for smaller organizations, with custom enterprise pricing for large health systems, payers, and government entities. implementation costs are separate and variable.

Teladoc Health

Mental & Behavioral Health AI

Teladoc Health provides a comprehensive virtual care platform connecting patients with providers for medical care, mental health, chronic condition management, and more.

Varies based on insurance/employer; self-pay options available