Rashi Shrivastava is a reporter covering technology with a focus in artificial intelligence. She writes a weekly Forbes newsletter on all things AI called The Prompt. She joined Forbes in January 2022 and is based in Upstate New York.
Before she was Connecticut’s First Lady, Midas lister Annie Lamont was making early bets on health tech — and reaping big returns. Four decades into investing, she’s reinventing herself again for the AI era.the cofounders of AthenaHealth met with investor Annie Lamont to share some bad news: two key customers of their three-year-old healthtech startup, which offered software to manage medical records, billing and claims, were cutting ties. There would be a serious hit to sales.
For Lamont, 67, the $5.3 billion-in-assets Oak HC/FT is the latest chapter in a career that spans multiple firms and four decades, with lifetime investments in at least 80 companies. She’s returned an estimated $1.5 billion to investors over the last decade, according to a source familiar with the firm’s finances. Lamont’s a prominent figure outside of venture, too: the spouse of Connecticut governor Ned Lamont, she’s served as First Lady of Connecticut since 2019.
When Lamont graduated from college in 1979, her first job was as a paralegal at a small law firm, working with engineers to automate the grueling legal discovery process with software. She quit after six months. “I was far more interested in the tech side of it than I was in what at the time was defending a guilty client,” Lamont said.
In the decade since, Lamont’s Oak HC/FT portfolio has run the gamut of health tech. Highlights include CareBridge, a virtual care and in-home tech provider for caregivers; Main Street Health, which caters to rural markets; and BrightLine, which offers virtual mental health therapy for children. She’s also backed companies like One Medical , primary care provider VillageMD and payments platform Rapyd .
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Biden Wants To Take Your CarSteve Forbes is Chairman and Editor-in-Chief of Forbes Media.
Read more »
Chicago alderwoman believes she was targeted with signs about Gaza because she is JewishChicago alderwoman believes signs about Gaza went up because she is Jewish
Read more »
Fraud trial juror claims she received $120K payment, was promised more if she voted to acquitA Minnesota juror was dismissed Monday after reporting $120,000 was left at her home with a promise of further payment if she voted to acquit seven suspects in a massive fraud case.
Read more »
Kristen Saban reveals how she found out Nick Saban was retiring, why she felt helplessThe former Alabama coach's daughter will never forget how she found out.
Read more »
Nicole Brown Simpson's sisters want you to remember how she lived, not how she diedThe sisters of Nicole Brown Simpson hope a new documentary on her life will explore how she lived, and not just how she died.
Read more »
Nicole Brown Simpson's sisters want you to remember how she lived, not how she diedThe sisters of Nicole Brown Simpson hope a new documentary on her life will explore how she lived, and not just how she died.
Read more »