The healthcare provider, which has become an increasingly active investor, has formed a corporate venturing unit called Cigna Ventures.
US-based healthcare provider Cigna launched a corporate venturing vehicle called Cigna Ventures yesterday with $250m of capital.
Cigna provides both healthcare and health insurance but formed Cigna Ventures in order to access innovative technology that can improve the effectiveness and efficiency of its services.
The fund will target companies focusing on health insights and analytics, digital health and retail technology, and healthcare delivery and management.
Tom Richards, Cigna’s senior vice-president and global lead for strategy and business development, said: “Cigna’s…
