PA

Payal Agrawal Divakaran

Partner at .406 Ventures

Boston, Massachusetts

Overview 

Payal Agrawal Divakaran is a Partner at .406 Ventures in Boston, Massachusetts, with a strong background in private equity, mergers & acquisitions, and venture capital. She has made impactful investments in companies like Heartbeat Health and Diana Health, showcasing her expertise in strategic decision-making and successful portfolio management.

Work Experience 

  • Partner

    2019 - Current

  • Principal

    2016 - 2019

  • Senior Associate

    2015 - 2016

.406 Ventures provides capital and support for early stage technology companies.

  • Board Observer

    2024

Humata Health is an AI-enabled deep clinical integration that creates prior authorizations for payers and providers using AI and automation.

Raised $25,000,000.00 from Optum Ventures, Highmark Ventures, The Blue Venture Fund, LRVHealth, VentureForGood and .406 Ventures.

  • Board Member

    2024

OncoveryCare is the virtual survivorship clinic providing whole-person care and community to survivors of critical illness with cancer.

Raised $4,500,000.00 from Techstars, Oncology Ventures, .406 Ventures and Tennessee Oncology.

  • Board Member

    2024

Integrated mental health services for pregnant & postpartum patients.

Raised $5,300,000.00 from .406 Ventures, GreyMatter and Mother Ventures.

  • Board Observer

    2022

Nema provides comprehensive trauma care administered by PTSD-trained therapists.

Raised $18,599,996.00 from .406 Ventures, GreyMatter and Optum Ventures.

  • Board Member

    2021

Diana Health is reimagining maternity care and women’s health from the ground up.

Raised $45,000,000.00 from .406 Ventures, Norwest Venture Partners, AlleyCorp and LRVHealth.

  • Board Observer

    2021

Equip Health provides a virtual eating disorder treatment program designed to assist families recover from eating disorders at home.

Raised $109,689,935.00 from Trybe Ventures, Alex Morgan, General Catalyst, TCG, Tiger Global Management, .406 Ventures, Stripes, F-Prime Capital, Optum Ventures and Katie Couric Media.

  • Board Observer

    2020

AristaMD is a healthcare company that features a software platform that helps hospitals and practitioners on improving patient outcomes.

Raised $53,375,000.00 from Cobalt Ventures.

  • Board Member

    2020

  • Board Observer

    2019

Laudio is a continuous performance management and engagement platform.

Raised $22,049,999.00 from .406 Ventures, Define Ventures, TeleTracking, MemorialCare Innovation Fund and InHealth Ventures.

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