Mike Spadafore
Managing Director at Valtruis
Greater Chicago Area
Overview
Work Experience
Board Member
2024 - Current
Atropos Health develops a clinical analytics platform that specializes in evidence-based healthcare.
Raised $47,000,000.00 from Sanofi Ventures, Breyer Capital, Touchdown Ventures, Emerson Collective, McKesson Ventures, Merck Global Health Innovation Fund, Valtruis, Presidio Ventures and Cencora Ventures.
Managing Director
2024
Valtruis, is a WCAS portfolio company, providing a unique platform that invests in and partners with disruptive leaders whose mission is to align and transform healthcare through what is truly value-based care. Founded on a commitment to accelerate meaningful change, Valtruis brings the functional expertise, access to capital, and an expansive network that advance our partners’ evolution from early-stage development to industry-leading enterprises.
Valtruis, a WCAS portfolio company, provides a unique platform that invests in and partners with leaders of the health care industry.
Operating Partner
2024
Welsh, Carson, Anderson & Stowe is a private equity investment firm investing in information, business, and healthcare services companies.
Raised $1,800,000.00.
Managing Director
2012 - 2023
Sandbox acts as a bridge between corporations and entrepreneurs. We manage funds, accelerator programs, and provide innovation consulting. It is the exclusive investment management services provider of Blue Cross Blue Shield Venture Partners, which manages over $1 billion across five Funds with 34 Blue Cross Blue Shield plans. Sandbox also manages over $250 million across two other collaborative corporate investing platforms: Sandbox Sustainability focused on food and agriculture and Sandbox Insurtech Fund focused on insurance technologies.
Sandbox bridges the gap between startups and corporations in three ways: strategic venture funds, accelerators, and consulting services.
Managing Director
2012 - 2023
Board Member
2023 - 2023
Nest Health offers medical services that aim to minimize the stress of arranging childcare, making travel arrangements, and leaving home.
Raised $19,000,000.00 from SpringTide Ventures, Alumni Ventures, Ochsner Health System, The Blue Venture Fund and 8VC.
Board Member
2023 - 2023
Fort Health offers a solution that provides mental health care for families.
Raised $14,250,000.00 from Redesign Health, Twelve Below, The Blue Venture Fund, True Wealth and Vanterra Capital.
Board Member
2022 - 2023
First Dollar is a financial technology company that builds healthcare benefits for individuals and employers.
Raised $19,000,000.00 from Meridian Street Capital, Fay Rotenberg, Next Coast Ventures, Sean Joyce, Brian Gambs, Jonathan Bush, Nick Soman, Marc Weiser, Julia Taylor Cheek and The Blue Venture Fund.
Board Member
2021 - 2023
Smart Data Solutions provides IT solutions for the healthcare industry, for the high-quality and effective claim processing.
Board Member
2020 - 2023
Abacus Insights offers a data management solution to help healthcare providers improve costs and member outcomes for customers.
Raised $94,515,157.00 from MultiPlan, Horizon Healthcare Services, CRV, .406 Ventures, The Blue Venture Fund and Echo Health Ventures.