Dipa Mehta

Co-founder & Managing Partner, Valeo Ventures | Partnering with Hospital Systems & Health Plans to Build Bespoke Corporate Venture Vehicles

📍 United States🔄 Updated September 2026💼 13 investments📅 11 years investing🗓 Last invested Dec 2024
VC🌍 United States
13
Total investments
3
Early stage
3
Mid stage
3
Late stage
11y
Years active

Portfolio

10 investments · sorted by recency
All investments
Early stage
Mid stage
Late stage
Board Observer
Dec 2024
There’s a moment you realize that you can’t continue like this. You want better days, better relationships, and more possibilities. When you’re in the depths of opioid use disorder (OUD), it takes strength and courage to act on that moment. At Bicycle Health, we believe that choosing to start recovery creates hope in the face of hardship. With us, your care begins as soon as you reach out. Most patients get an appointment on the same day or the day after. Our personalized care and medication plans offer professional support and suboxone to control withdrawal. On your best days and your worst days, we’re always here for you. About 95% of patients end problematic opioid use within just one week. And 88% of patients who have been in care with us for a year or more see positive outcomes including easier days, steady employment, and healthier relationships. No one does this alone. Our community of doctors, care providers, and support groups are available every day. With regular check-ins, we’ll work with you to update your care as you make progress. We know that with the right treatment, you can overcome OUD and build a life you love.
Board Observer
Dec 2024
SpectrumAi develops innovative solutions for life-changing therapies. Twyll is a next-generation electronic health record (EHR) that is modernizing Applied Behavior Analysis (ABA) therapy through transformative, data-driven tools that promote progress and measure objective outcomes. Patterns ABA network analytics closes the circle on objective data and analytics, enabling the transition to value-based contracting.
Board Member
Sep 2024
Today, 1 in 5 of children in the US have a diagnosable mental health disorder. However, about half of children who need care do not receive it from a behavioral health provider. As they seek care, families often face waits that are several months long and fees that are prohibitively expensive. Today’s healthcare system is failing our children. We have set out to rebuild the pediatric behavioral health system from the ground up. At Handspring, our mission is to create a world where our children’s mental health is cared for as much as their physical health is. We are building a modern clinic for children and families. We deliver a care experience that integrates our digital platform, in-person clinics, and telehealth to deliver the right care, at the right time. In addition to psychotherapy, our services will soon include access to evidence-based content, psychiatry, and medication management for children and families.
Board Observer
Nov 2023
Since our founding, MedArrive has been at the forefront of bringing healthcare services into patients homes through a fully integrated care management platform. Our initial approach combined physician-led telemedicine with a national network of over 50,000 highly skilled EMS professionals, allowing us to serve vulnerable populations, reduce healthcare costs, and reconnect patients with primary care. As the healthcare landscape continues to evolve, so too must our strategies. MedArrive has recently shifted its focus from directly delivering care into the home to orchestrating Clinical Operations ("ClinOps") for healthcare@home. This pivot is driven by our commitment to supporting healthcare organizations as they transition to value-based care models, ensuring they can efficiently and effectively deliver care wherever patients call home. Our ClinOps orchestration platform is designed to enable in-home healthcare providers to optimize their operations, improve workforce efficiencies, and enhance patient outcomes—all without compromising on the quality of care. By leveraging our technology and experience, we now help organizations streamline everything from patient pipeline management and labor capacity planning to scheduling optimization and care coordination.
Investor
Sep 2021
Digital Care Solutions Xealth enables healthcare teams to order digital content and services as easily as they do orders and medications today. Patients can then access these digital health prescriptions from the providers portal, so that they can actively manage their health. CB Insights Digital Health 150, Fierce Healthcares Fierce 15 2023, AVIA Marketplaces Top Digital Therapeutics
Board Observer
Sep 2020
Truveta is a growing collective of health systems in the US with a mission of Saving Lives with Data. Truveta delivers the most complete, clean, and timely regulatory-grade EHR data for scientifically rigorous research. Truveta is trusted by leading life science, government, health system, academic and research organizations to accelerate adoption of new therapies, improve clinical trials, and enhance patient care.
Board Member
Apr 2017
Upward Health is an in-home medical group that specializes in primary medical, behavioral, and social healthcare for individuals with complex needs. We deliver care in the community. We reduce barriers to care, such as long delays due to scheduling or lengthy commutes to a provider’s office by meeting the patient right at home. We see patients when they need us, for as much time as they need. Beyond medical and behavioral care, we also assist our patients with challenges that may affect their health, such as food insecurity, social isolation, housing needs, transportation and more.
Board Member
Nov 2015
Contessa, an Amedisys company, is the nation’s leading provider of comprehensive care at home, bringing hospital-level medical treatment into the comfort of patients’ homes. Our evidence-based care models include Recovery Care at Home, Rehabilitation Care at Home, and Palliative Care at Home. Contessa utilizes Care Convergence™, a proprietary technology platform, to power a seamless solution that is safe, affordable and improves patient outcomes.
Board Observer
Feb 2015
Empowering People to Get Better and Stay Better In 2008, we set out to solve the biggest challenges in behavioral health - how to provide affordable, high-quality mental health care to reduce depression and anxiety, and ultimately help people get better and stay better. 14 years and nearly 2 million patient sessions later, we continue to set the industry bar for the highest standard of care: from the way we train and provide clinical guidance to the 2,000+ providers in our network to ensuring our outcomes are peer-reviewed and validated by the scientific community. Join our mission: We’re excited to announce that AbleTo is now part of Optum, a UnitedHealth Group family of companies. With this new collaboration, you can play a vital role in improving people’s mental health and well-being. We’re hiring compassionate therapists, coaches and professionals for flexible part time and full time roles. If youre in tech and want to solve Americas behavioral health crisis with industry leading innovation, were also looking for full-time data engineers, developers, and other technical roles. Learn more about our award-winning culture and the work we do at www.ableto.com follow AbleTo on LinkedIn and Twitter.
Board Observer
Feb 2015
In 2022, Lumiatas assets were acquired by Somatus, the nation’s leading and largest value-based kidney care company.
Experience · 21 entries
All (21)
Investments (13)
Founder (1)
Board (10)
2025
Valeo Ventures
Co-founder & Managing Partner
Jan 2025
2024
Board Observer
Dec 2024
There’s a moment you realize that you can’t continue like this. You want better days, better relationships, and more possibilities. When you’re in the depths of opioid use disorder (OUD), it takes strength and courage to act on that moment. At Bicycle Health, we believe that choosing to start recovery creates hope in the face of hardship. With us, your care begins as soon as you reach out. Most patients get an appointment on the same day or the day after. Our personalized care and medication plans offer professional support and suboxone to control withdrawal. On your best days and your worst days, we’re always here for you. About 95% of patients end problematic opioid use within just one week. And 88% of patients who have been in care with us for a year or more see positive outcomes including easier days, steady employment, and healthier relationships. No one does this alone. Our community of doctors, care providers, and support groups are available every day. With regular check-ins, we’ll work with you to update your care as you make progress. We know that with the right treatment, you can overcome OUD and build a life you love.
Board Observer
Dec 2024
SpectrumAi develops innovative solutions for life-changing therapies. Twyll is a next-generation electronic health record (EHR) that is modernizing Applied Behavior Analysis (ABA) therapy through transformative, data-driven tools that promote progress and measure objective outcomes. Patterns ABA network analytics closes the circle on objective data and analytics, enabling the transition to value-based contracting.
Board Member
Sep 2024
Today, 1 in 5 of children in the US have a diagnosable mental health disorder. However, about half of children who need care do not receive it from a behavioral health provider. As they seek care, families often face waits that are several months long and fees that are prohibitively expensive. Today’s healthcare system is failing our children. We have set out to rebuild the pediatric behavioral health system from the ground up. At Handspring, our mission is to create a world where our children’s mental health is cared for as much as their physical health is. We are building a modern clinic for children and families. We deliver a care experience that integrates our digital platform, in-person clinics, and telehealth to deliver the right care, at the right time. In addition to psychotherapy, our services will soon include access to evidence-based content, psychiatry, and medication management for children and families.
2023
Managing Partner
Nov 2023
Cobalt Ventures, LLC is a wholly owned strategic venture capital subsidiary of Blue Cross and Blue Shield of Kansas City, the largest not-for-profit health insurer in Missouri and the only not-for-profit commercial health insurer in Kansas City. Cobalt invests in high growth companies that align with Blue KC’s mission and can scale nationally across the payer industry. Cobalt actively partners with entrepreneurs in bringing innovative solutions to healthcare that increase overall quality, improve outcomes, and lower costs for customers and members.
Show all 21 entries ↓
Investment activity
2015–2024 · 13 investments
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