Investor Profile: Oak HC/FT — Thesis, Cheque Size & How to Apply

Building in healthcare or fintech and wondering how to get funding from Oak HC/FT? This venture and growth-equity firm, managing about $10 billion in assets, invests across healthcare information and services ('HC') and financial services technology ('FT') — two sectors its founders see as complementary. Oak HC/FT funding spans seed to growth with cheques of $1M-$100M, and the firm positions itself as an active 'sparring partner' with deep regulatory and distribution expertise. For founders in these two complex, regulated sectors, few firms offer this combination of cheque range and operating depth.

Thesis and sweet spot

Oak HC/FT was founded in 2014 as a spinout of Oak Investment Partners' healthcare and fintech team, and is headquartered in Stamford, Connecticut, with a San Francisco office. The thesis pairs two sectors — healthcare information and services, and financial services technology — on the view that both are large, regulated, distribution-driven markets where insider expertise compounds. The firm partners with founders at every stage from seed to growth, acting as an active sparring partner rather than a passive capital provider.

The sweet spot is founders navigating regulation, reimbursement or financial-institution distribution — the hard parts of healthcare and fintech where the partners' networks and operating experience matter most. Cheque flexibility from $1M to $100M means the firm can enter at seed and keep funding through growth without handing the relationship to another firm.

Cheque size and fund

Oak HC/FT states cheques of $1M-$100M from seed to growth on its homepage. Its fund history shows steady scaling: Fund I ($500M, 2014), Fund II ($600M, 2017), Fund III ($800M, 2019) and Fund IV ($1.4B, 2021) — with Fund IV targeting average cheques of $60-100M across about 20 companies (per TechCrunch). Assets under management stand at about $10B per the firm's current homepage (2025 press releases cited $5.3B, so the figure has moved up).

Notable portfolio

Portfolio companies include Devoted Health, Unite Us, Therapy Brands, Galileo, WithMe Health and Stepful on the healthcare side, and FastPay, Groundspeed Analytics and Arch on the fintech side — Arch's $52M Series B was led by Oak HC/FT. The roster reflects the dual thesis: healthcare services and information businesses alongside financial-services technology.

Partners

The firm was co-founded by Annie Lamont, Andrew Adams and Patricia 'Tricia' Kemp, who serve as managing partners/general partners, alongside general partner Matt Streisfeld, partner Chris Price and venture partner Zeke Emanuel. The founding team's Oak Investment Partners lineage gives the firm institutional depth in both target sectors.

Programs, credits and perks

Oak HC/FT does not run a public accelerator or credits programme. Its value-add is partner-level operating support: regulatory navigation, payer and provider relationships in healthcare, and bank and financial-institution distribution in fintech — the unglamorous infrastructure that determines whether HC/FT startups scale.

How to apply for funding

The firm does not publish a pitch email or application form; its site carries a 'Build With Us' invitation but no stated submission route. Founders typically reach the team through warm introductions — ideally via portfolio founders or co-investors in healthcare and fintech — with a pitch that shows why regulated-sector expertise is decisive for the business.