Blue Venture Fund

The Blue Venture Fund is a corporate venture capital program representing a unique collaboration among Blue Cross Blue Shield (BCBS) companies and the Blue Cross Blue Shield Association. It invests in venture and growth-stage opportunities within healthcare technology, healthcare services, and clinical sciences to drive innovation and improve health outcomes. The fund is capitalized by participating Blue Plans and is managed by the independent firm Sandbox Industries. The investment in Drips, a conversational messaging platform, is listed among its active investments.