# Health Enterprise Partners: portfolio, investments and team

> Health Enterprise Partners is a private equity based in United States. 15 investments on record, latest Jan 2023. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/health-enterprise-partners (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Health Enterprise Partners

Last cheque observed Jan 2023. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

Quiet New fund $178M, Dec 2021 Private equity

Seed Series A Series B Health Connected-health Healthier Living

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Cheques on record

**0%** of best year **0** **cheques in 12 months**, 15 on record

Since the last cheque **1400** days **00** hrs **00** min **00** sec

Median round **$13M** Rounds led **0 of 15** Sole investor **5 rounds** Exits **1 from the portfolio** Mostly in **United States, 100%**

Pitch Health Enterprise Partners

## Health Enterprise Partners highlights

- 01 15 rounds on record
- 02 Mostly Series A and Series B: 67% of its rounds
- 03 Sole investor in 5 rounds, median $9.3M
- 04 1 exits from the portfolio

## What they do

> HEP is an experienced, management-focused partner who brought an unparalleled depth of industry knowledge to bear in helping us tackle the opportunities and challenges in front of our business. From their own website

- **Type:** Private equity (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Seed Series A Series B Growth
- **Sectors:** Health Connected-health Healthier Living
- **Based in:** New York, United States
- **Cold pitches:** Not accepted

## The record

Every round we can evidence, newest first **15 appearances**

- **2023** 1 round
- **Jan** **[NOCD](https://millionrounds.com/company/nocd)** Series B · US · Cigna Ventures **$34M** With 6 others
- **2019** 4 rounds
- **Nov** **[Access Physicians](https://millionrounds.com/company/access-physicians)** Series A · US · Prnewswire **$9.3M** Sole investor
- **Oct** **[Twistle](https://millionrounds.com/company/twistle)** US · FinSMEs **$16M** With 1 other
- **Apr** **[Bardy Diagnostics](https://millionrounds.com/company/bardy-diagnostics)** Series B · US · FinSMEs **$36M** With 8 others
- **Apr** **[AllyAlign](https://millionrounds.com/company/allyalign)** US · FinSMEs **$10M** With 3 others
- **2016** 1 round
- **Nov** **[Catapult](https://millionrounds.com/company/catapult)** Series B · US · FinSMEs **$10M** With 1 other
- **2015** 2 rounds
- **Nov** **[Evariant](https://millionrounds.com/company/evariant)** Series C · US **$42M** With 4 others
- **May** **[InDemand Interpreting](https://millionrounds.com/company/indemand-interpreting)** Venture · US **$4.0M** With 1 other
- **2014** 1 round
- **Jan** **[AllyAlign Health](https://millionrounds.com/company/allyalign-health)** US **Undisclosed** With 1 other
- **2013** 2 rounds
- **Dec** **[SHYFT](https://millionrounds.com/company/shyft)** Series A · US **$15M** Sole investor
- **Jun** **[Vitals](https://millionrounds.com/company/vitals)** Series C · US · finsmes.com **$22M** With 3 others
- **2012** 2 rounds
- **Sept** **[ContinuumRx](https://millionrounds.com/company/continuumrx)** Venture · US · finsmes.com **$7.0M** With 3 others
- **Apr** **[Privia Health](https://millionrounds.com/company/privia-health)** Series B · US · freshnews.com **$12M** Sole investor
- **2011** 1 round
- **Nov** **[Evariant](https://millionrounds.com/company/evariant)** Series A · US · finsmes.com **$5.3M** Sole investor
- **2010** 1 round
- **Jan** **[MobileMD](https://millionrounds.com/company/mobilemd)** Series A · US · onbiovc.com **$4.7M** Sole investor

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **8 named**

DM **Daniel M. Cain** Executive Officer i Filing they signed

DP **David Patrick Tamburri** Managing Member of HEP Associates IV, LLC, the General Partner i Filing they signed

EB **Ezra Borinsky Mehlman** Managing Member of HEP Associates IV, LLC, the General Partner i Filing they signed

LM **Lynn Marie Weld** Chief Financial Officer i Form ADV

PT **Peter Tedesco** Managing Member of HEP Associates IV, LLC, the General Partner i Filing they signed

RH **Richard Houghton Stowe** President / Secretary / Director i Form ADV

RB **Robert B. Schulz** Executive Officer i Filing they signed

SA **Scott Alan Whyte** Chief Compliance Officer, Partner i Form ADV

We also hold **17** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$427M** assets it manages Oct 2026

**Registered** investment adviser full reporting to the SEC

- **Legal name:** HEP Management Corporation
- **SEC number:** CRD 161855

Funds on its Form ADV

**4** private funds, **$423M** in gross assets · filed Mar 2024

- Health Enterprise Partners IV, L.P. *Private equity* 64 investors $202M
- Health Enterprise Partners III, L.P. *Private equity* 37 investors $156M
- Health Enterprise Partners II, L.P. *Private equity* 50 investors $59M
- Health Enterprise Partners, L.P. *Private equity* 30 investors $5.7M

## What they claim to have backed

From their own portfolio page (on their website)

**0** of 3 we have independently watched raise

Investor Relations Investor Relations Kieffer Consulting

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## Exits from the portfolio

Companies it backed that were later bought or listed **1 in all**

**[MobileMD](https://millionrounds.com/company/mobilemd)** Bought by Siemens Healthcare **Undisclosed** Nov 2011

An exit counts when it came after the firm's first round in the company. From historical deal records.

New fund on file

**$178M**

raised in Dec 2021

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Seed Series A Series B

Median round joined **$13M** the round, not its cheque Alone, median **$9.3M**

Led 0 of 15 rounds **0%**

- **Sole investor:** 5 rounds
- **Last cheque:** Jan 2023
- **Exits:** 1 from the portfolio

Rounds by stage said on their site

- Series A said *4*
- Series B said *4*
- Series C *2*
- Venture *2*
- Seed said *-*
- Growth said *-*

Cheques by year Led Joined

2010 2023

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## Recently backed

The latest companies Health Enterprise Partners put money into.

[**Access Physicians** $9.3M · Nov 2019](https://millionrounds.com/company/access-physicians)[**Twistle** $16M · Oct 2019](https://millionrounds.com/company/twistle)[**Bardy Diagnostics** $36M · Apr 2019](https://millionrounds.com/company/bardy-diagnostics)[**Catapult** $10M · Nov 2016](https://millionrounds.com/company/catapult)

## Quick answers about Health Enterprise Partners

### What does Health Enterprise Partners invest in?

Health Enterprise Partners invests most often at Series A and Series B (67% of the rounds on record), in sectors such as Health, Connected-health and Healthier Living.

### How active is Health Enterprise Partners?

15 investments on record, 0 of them in the last 12 months. The most recent was in Jan 2023.

### What has Health Enterprise Partners invested in recently?

Its most recent investments on record: NOCD (Series B, Jan 2023), Access Physicians (Series A, Nov 2019) and Twistle (Undisclosed round, Oct 2019).

### How big are Health Enterprise Partners's cheques?

The median round it joins is $13M.

### Does Health Enterprise Partners lead rounds?

Rarely, if at all: none of its 15 investments on record names it as the lead.

### Where does Health Enterprise Partners invest?

Most of the companies it backs are in the United States (100%).

### Is Health Enterprise Partners investing now?

No investments in the last 12 months; the latest was in Jan 2023.

### What kind of investor is Health Enterprise Partners?

Health Enterprise Partners is a private equity firm based in New York, United States.

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=health-enterprise-partners) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=health-enterprise-partners)
