Press release

Oak HC/FT Welcomes Mike Matteo as Venture Partner

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Oak HC/FT, the premier venture growth-equity fund investing in Healthcare Information & Services and Financial Services Technology, today announced the appointment of Mike Matteo to Venture Partner with the Healthcare team. In this role, Mike will collaborate closely with the firm’s portfolio companies on a broad range of areas, including business strategy and commercialization.

Mike joins Oak HC/FT with over 30 years of healthcare industry experience. Most recently, he was President at Grand Rounds Health, where he helped scale the company’s offerings for new growth as well as provide innovative solutions for their 200+ employer customers. Before that, he spent 23 years at UnitedHealth Group where he held numerous executive positions, including Chief Client Officer of OptumRx and Chief Executive Officer of UHC National Accounts and Public Sector. He also served as the first Chief Growth Officer of Optum. Mike began his career at The Travelers Insurance Company.

“We’re pleased to welcome Mike to the Oak HC/FT team,” said Andrew Adams, Co-Founder and Managing Partner of Oak HC/FT. “As an industry veteran, Mike understands the full spectrum of the healthcare ecosystem. His knowledge and experience in this sector will be enormously valuable to our healthcare portfolio companies as we work with them to build and execute on strategies that position them for long-term growth and success.”

“Solving some of the biggest challenges in healthcare has been the hallmark of my career, and I’m excited to continue that work at Oak HC/FT,” said Mike Matteo. “I’ve seen how tech-enabled solutions can make a profound difference for patients and the providers caring for them, and I look forward to working with the entrepreneurs building those transformative solutions.”

Mike joining the team comes at an exciting time as Oak HC/FT continues to focus on recruiting and promoting the best talent to drive success for the firm and our portfolio companies.

About Oak HC/FT

Founded in 2014, Oak HC/FT is the premier venture growth-equity fund investing in Healthcare Information & Services (“HC”) and Financial Services Technology (“FT”). With $3.3 billion in assets under management, we are focused on driving transformation in these industries by providing entrepreneurs and companies with strategic counsel, board-level participation, business plan execution and access to our extensive network of industry leaders. Oak HC/FT is headquartered in Greenwich, CT, with offices in Boston and San Francisco. Follow Oak HC/FT on Twitter, LinkedIn, and Medium.