· Investment Strategies · Updated
Nashville Startups and VC Firms in 2026: Health Services Capital Map
Nashville’s venture map in 2026 — Thyme Care, Monogram Health, UnityAI, XOi, Skylight Health, plus Frist Cressey, NCN, Mountain Group, and Company Ventures’ residency.
Editorial team
Nashville’s venture story is health-services density: hospital systems, value-based care operators, and field-service software with real Middle Tennessee GTM. We profile five Nashville HQ companies and the local funds that write early checks — plus Company Ventures’ Nashville residency (NYC HQ).
City hub: Nashville · All cities: Cities · Directory: Directory
What Nashville is (and is not)
| Nashville is… | Nashville is not… |
|---|---|
| A health-services capital map with named raises | Empty of local HQ coverage in our directory |
| Home to Frist Cressey / NCN / Mountain Group | A complete music/media tech index (those remain gaps) |
| Linked to Company Ventures via residency | A market where Company Ventures is Nashville-HQ |
Startups we cover in Nashville
| Company | What they do | Stage / status | Notable capital | Profile |
|---|---|---|---|---|
| Thyme Care | Value-based oncology care navigation | Series B $60M (Aug 2023) | Town Hall + Foresite; a16z; Frist Cressey; AlleyCorp | Thyme Care |
| Monogram Health | Value-based in-home kidney / polychronic care | Growth $375M (Jan 2023) | Frist Cressey | Monogram Health |
| XOi Technologies | Field-service data intelligence (jobsite capture) | Growth / PE $230M (Feb 2025) | Nashville Capital Network | Xoi Technologies |
| UnityAI | Agentic AI workforce for healthcare ops | Series A $8.5M (Mar 2026) | NCN, Company Ventures | Unityai |
| Skylight Health | Value-based multispecialty platform | Series A $13M (Aug 2025) | Valtruis lead; a16z | Skylight Health |
Why these names matter
Thyme Care and Monogram Health are the value-based care anchors — oncology navigation ($60M Series B) and in-home kidney/polychronic care ($375M growth). Frist Cressey shows up on both books.
XOi Technologies proves Nashville can produce large field-service software outcomes ($230M growth/PE, February 2025) with NCN in the story.
UnityAI and Skylight Health are the current formation path: agentic healthcare ops ($8.5M Series A, March 2026) and specialty access ($13M Series A, August 2025).
Local and residency-linked investors
| Firm | Role | Stages / product | Profile |
|---|---|---|---|
| Frist Cressey Ventures | Nashville healthcare venture | Seed – growth participation | Frist Cressey Ventures |
| Nashville Capital Network | Pooled early-stage platform (XOi, UnityAI) | Pre-seed / seed / early | Nashville Capital Network |
| Mountain Group Partners | Nashville early-stage (life sciences, tech) | Seed / early | Mountain Group Partners |
| Company Ventures | NYC HQ + Nashville residency | Pre-seed / seed | Company Ventures |
Council Capital and Launch Tennessee remain gaps until more /fund/ pages ship.
National capital that serves Nashville (by thesis)
| Firm | Fit for Nashville founders | Profile |
|---|---|---|
| Andreessen Horowitz | Evidenced on Thyme Care + Skylight Health | Andreessen Horowitz |
| Define Ventures | Digital health / health-system software | Define Ventures |
| F-Prime Capital | Healthtech and life-sciences–adjacent | F Prime Capital |
| Bessemer Venture Partners | Cloud/SaaS + healthcare roadmaps | Bessemer Venture Partners |
| General Catalyst | Multi-stage health + enterprise | General Catalyst |
| AlleyCorp | Early tech; Thyme Care participant | Alleycorp |
Local seed vs national Series A — what differs
| NCN / Mountain Group / residency | National / large growth | |
|---|---|---|
| Best for | First checks, hospital pilots | Scaling value-based care or field SaaS |
| What they underwrite | Buyer access in Middle Tennessee | Outcomes data and ownership math |
| Mistake | Waiting for music-tech pages before raising health | Pitching coastal firms with zero system proof |
Worked example (illustrative)
Setup: A Nashville care-ops startup closes an NCN / residency seed and lands two health-system pilots.
Move: ARR and outcomes data clear a $10–15M Series A (Skylight/UnityAI class) from national digital-health capital, with Frist Cressey-class local healthcare GPs in the syndicate when fit is real.
Punch: Nashville buyer proof was the diligence artifact. Monogram/Thyme Care show how large the growth chapter can get when value-based economics work.
When Nashville is the wrong capital market
- You treat Company Ventures as a Nashville-only mandate.
- You invent music/media
/startup/pages we list as gaps. - You ignore health-services buyer proof and pitch “Music City” alone.
- You conflate Memphis Innova biotech with Nashville health-services HQ.
How to use this page
- Read Thyme Care, Monogram, XOi, UnityAI, Skylight.
- Local capital: Frist Cressey, NCN, Mountain Group, Company Ventures.
- Series A+ by thesis: national table → Directory.
- Live hub: Nashville. Memphis is separate: Memphis.
Related reading
- Nashville city hub
- Memphis startups & VC firms 2026
- Atlanta & Southeast VC firms 2026
- Cities index
- Fund directory
Sources
- Venture Capital Tracker profiles linked above
- Thyme Care Series B (Aug 2023, $60M); Skylight Series A (Aug 2025, $13M); UnityAI Series A (Mar 2026, $8.5M)
- Monogram growth (Jan 2023, $375M); XOi growth/PE (Feb 2025, $230M)
- nashville
- tennessee
- venture-capital
- +2 more
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Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.
