Drips Receives Growth Investment from the Blue Venture Fund

Drips, the founders of Conversational Texting®, has secured a growth investment from the Blue Venture Fund. Drips enables healthcare organizations to connect with their members and patients during critical moments through its AI platform. The investment follows an investment from software investor Accel-KKR and its credit facility with Wells Fargo Capital Finance’s Technology Finance group.

The Blue Venture Fund is a collaboration among Blue Cross Blue Shield companies, the Blue Cross Blue Shield Association and Sandbox, to which thirty-five BCBS companies have committed over $890 million across four funds. Read more

Total
0
Shares
Related Posts
Read More

Octave Raises $52M in Series C 

The round was led by Cigna Ventures, Novo Holdings, and Avidity Partners, and joined by all existing institutional investors, Health Velocity Capital, Greycroft Partners, Felicis Ventures, Company Ventures, and Obvious Ventures.