Internet Healthcare Group

Internet Healthcare Group LLC, founded in 1999, operated as a venture capital and private equity firm from its base in Avon, Connecticut. The firm emerged during a period of intense interest in the convergence of internet technology and healthcare, focusing its investment activities on this burgeoning sector. The business was co-founded by Eric S. Reimer, who brought significant industry experience from his time at Prudential Healthcare, CIGNA, and the Boston Consulting Group. This background in healthcare leadership and strategy was foundational to the firm's investment thesis.

The company's primary function was to manage the Internet HealthCare Group Fund, which targeted investments in software, healthcare services, and healthcare technology systems. It raised capital to back and incubate early-stage businesses, securing $150 million in one round with major backing from Internet Capital Group. The firm's model involved not just providing capital but also helping to develop business plans for new ventures. Internet Healthcare Group's investment strategy spanned various stages of a company's lifecycle, from seed and early-stage rounds to pre-IPO and buyout financing. Over its active period, the fund made several investments, including in companies like Healant (Internet Software), Vitalz (Hospitals/Inpatient Services), and NaviNet (Medical Records Systems), with its last noted investment occurring in August 2001.

The firm was a product of its time, capitalizing on the dot-com boom's application to the healthcare industry. Following his tenure, co-founder Eric Reimer continued his career in healthcare, taking on executive leadership roles at companies including CareCentrix and Healthmap Solutions, indicating a sustained focus on healthcare innovation long after his venture capital activities. The firm itself appears to be inactive, representing a snapshot of early investment trends in the digital health space.

Keywords: venture capital, private equity, healthcare technology, digital health investing, Eric Reimer, Internet Capital Group, health tech finance, medical records systems investment, healthcare services fund, dot-com era healthcare, TMT investing, NaviNet investor, Healant investor, early-stage healthcare funding, Avon Connecticut investment firm, healthcare private equity, health software investment, biotechnology investment, medical equipment finance