The Blue Venture Fund
David K. Mao, Ph.D. is a seasoned executive in the healthcare sector, currently serving as Divisional Senior Vice President of Corporate Strategy and Transformation at Health Care Service Corporation since January 2022. With a robust background in corporate strategy, enterprise transformation, and investment management, David has held various leadership positions, including Head of Enterprise Strategy at Change Healthcare and roles at multiple healthcare organizations as a board member. David co-founded VeganUs, a plant-based food company, and is actively involved in several boards, including Collective Health and Blue Health Intelligence, contributing to innovative solutions in healthcare. Academically, David holds a Ph.D. in Chemical Engineering from the Massachusetts Institute of Technology, complemented by additional qualifications in finance and artificial intelligence.
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The Blue Venture Fund
The Blue Venture Fund is a unique collaboration between Blue Cross Blue Shield (BCBS) companies, Blue Cross Blue Shield Association, and Sandbox to which thirty-five BCBS companies have committed over $890 million across four funds. The Blue Venture Fund invests in promising emerging companies of strategic relevance to Blue Cross and/or Blue Shield companies and provides the portfolio with access to BCBS companies to deploy innovation at scale. Sandbox is an independent company that provides healthcare-related investment management exclusively for the Blue Venture Fund.