Flare Capital announces $255M fund for digital health investments

Flare Capital Partners, a Boston-based healthcare technology venture capital firm, announced July 23 the establishment of its second fund dedicated to investing in digital health.

The fund closed with $255 million in committed capital, making it one of the largest independent investment funds dedicated solely to healthcare technology, per Flare Capital. The firm focuses specifically on backing IT products and services that utilize mobile solutions, data analytics and secure infrastructure to enable value-based care.

Flare Capital's inaugural fund, launched in 2015, has made 17 investments in health tech companies such as Aetion, Bright Health and VisitPay. The firm has also amassed an impressive network of healthcare industry partners, including Humana, Pfizer, Boston Children's Hospital and more.

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