Oak HC/FT
Investor - Venture Capital
Overview
Oak HC/FT invests in Healthcare Information & Services (HC) and Financial Services Technology (FT) in the United States. In 2017 the firm secured $600m for their second fund.
Country: United States
Founded: 2014
Headquarters: Greenwich, CT
Investment Strategy
Geography
- North America
Sector Focus
- Payments and Remittances
- Infrastructure and Enterprise Software
- Data and Analytics
- Blockchain
Investment Stage
- Early Stage Venture
- Series A
- Series B
- Series C
- Series D
Summary
Oak HC/FT is a venture growth equity fund that invests in technology-driven companies with solutions that have the potential to transform industries. Within Financial Services, they focus on payments, data solutions, and services that offer cost savings, fraud reduction, and transparency. The firms ultimate goal is to building iconic companies that provide groundbreaking solutions.
Oak HC/FT have $1.1bn of assets under management and over the past decade, the partners have had 21 realizations with 6 companies achieving valuations in excess of $1 billion. Drawing on decades of experience the team work to provide their companies with strategic counsel, broad-level participation and access to the firms extensive network of industry leaders.
The firm partners with a select number of companies each year. Although most of the portfolio is based in the US, Oak HC/FT also has a dedicated Financial Services Technology effort in Europe.
Investments
Date
Name
Size
Round
Co-Investors
Sector
Country
Trov
Series D
Munich Re/HSB Ventures
InsurTech
United States
Trov
Series C
Pivot Investment Partners
InsurTech
United States
Digital Currency Group
Venture
Bain Capital Ventures
Blockchain
United States
Poynt
Series B
Webb Investment Network & Matrix Partners
Payments and Remittances
United States
Insureon
Venture
Patricia Kemp & Accretive LLC
InsureTech
United States
Feedzai
Series B
Jonathan Weiner
Data and Analytics
United States
FastPay
Venture
Patricia Kemp
Infrastructure and Enterprise Software
United States
Funds Raised
Vintage
Fund Name
Amount
Oak HC/FT II
$600m
Oak HC/FT I
$456.1m
Key Employees
Annie Lamont
Managing Partner
Andrew Adams
General Partner
Patricia Kemp
General Partner
David Black
Technology Partner
