DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Firms / Echo Health Ventures LLC
Echo Health Ventures LLC
Corporate ventureDurham, NCechohealthventures.comSEC venture capital fund adviserone firm, 2 filing advisers
This firm files as 2 advisers on echohealthventures.com: Echo Health Ventures LLC. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.
Echo Health Ventures invests to build and grow great health care companies.
corporate parent: Regence Insurance Holding Corporation
Importance
38
elevated
Active deployment
30
moderate
Emerging
0
low
Completeness
75
high
Freshness
100
high
Research priority
12
low
Identity and regulatory footprint
- Headquarters
- Durham, NCadviserinfo.sec.gov
- Office address
- 1965 IVY CREEK BOULEVARD, SUITE 250-3500, Durham, NC, 27707adviserinfo.sec.gov
- Business phone
- 919-213-7138adviserinfo.sec.gov
- SEC adviser type
- exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
- Latest Form ADV
- Jun 15, 2026
- Private funds reported
- 2 (2 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $518Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Owners on Schedule A
- Regence Blueshield (Member), C; Regence Insurance Holding Corporation (Sole Member), E; Noblehealth, Inc. (Sole Member), E; Cambia Health Solutions, Inc. (Member), D; Blue Cross Blue Shield of North Carolina (Sole Shareholder), E; EHV Holdings LLC (Sole Member), E; Cascadia Echo Holding Company LLC (Member), D; Mosaic Health Solutions, LLC (Member), C
- business phone
- 206-259-2584adviserinfo.sec.govpublished by the subject
- business phone
- 919-213-7138adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
13 observed deals
Stated (the firm’s website)
- Sectors
- healthcare, consumer, climate
- Stages
- growth
- Geography
- boston, seattle, tennessee
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- venture capital
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 62%Other Technology 23%Other Health Care 15%
lead rate n/afollow-on rate n/anew logos, 12 months 13
Funds and vehicles
2 reported, 1 no longer reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Echo Health Investments LLC | Fund | 2022 adv first reported | Active deployment | $373M Jun 18, 2024 | 1 | unknown | unknown |
| Echo Innovation Alliance LLC | Fund | 2021 form d first sale | Fundraising | $158M Jun 18, 2024 | 4 | $207M | Jan 21, 2026 |
| Echo Health Ventures LLC | Fund | 2021 adv first reported | Wound down | $342M Mar 31, 2021 | 2 | unknown | unknown |
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
23 current, 0 departed
Ralph Sabin
Board or advisorySenior Advisor, Strategic Investment
Rob Coppedge
Founder or executiveChief Executive Officer
Robert Matthew Coppedge
Founder or executiveChief Executive Officer · since Dec 1, 2020
Dusty Lieb
Managing partnerManaging Partner & Head of Investments
Jessica A. Zeaske
Managing partnerManaging Partner, Strategic Investment
Jon Eide
Managing partnerManaging Partner & Chief Operating Officer
Suzanne McLemore
Managing partnerManaging Partner & Head of Echo Health Advisors
Kurt Sheline
PartnerPartner, Strategic Investment
Troy Arnold
PartnerPartner, Echo Health Advisors
Amanda Johnson
Platform and operationsSenior Analyst of Legal & Administration, Operations
David Weir
Platform and operationsExecutive Assistant, Echo Health Advisors
Dustin Duke
Platform and operationsController, Operations
Jonathan Eide
Platform and operationsChief Operating Officer · since Dec 1, 2020
Misty Burgner
Platform and operationsDirector of Operations & Administration, Operations
Stephanie Leonard
Platform and operationsExecutive Assistant
Taylor Auten
Platform and operationsGeneral Counsel
Bob Dolan
PrincipalManaging Principal, Echo Health Advisors
Jake Yount
PrincipalManaging Principal, Echo Health Advisors
Jose Guerola
PrincipalPrincipal, Strategic Investment
Omair Ahmed
PrincipalPrincipal, Strategic Investment
Annika Van Gilder
Vice presidentSenior Associate, Echo Health Advisors
David Goad
Vice presidentSenior Associate, Strategic Investment
Nash Carey-Ewend
Vice presidentSenior Associate, Echo Health Advisors
Investments on record
13 edges, 13 companies, 0 partner-attributed
“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.
Co-investors
12 relationships from shared deals, counted for the whole firm
Ascension Ventures 1 shared · one timeNEA: New Enterprise Associates 1 shared · one timeOCA Ventures, LLC 1 shared · one time6th Man Ventures, LLC 1 shared · one timeSJF Management LLC 1 shared · one timeHLM Management Co., LLC 1 shared · one timeWayfinder Ventures Management, L.L.C. 1 shared · one timeQuesta Capital Management, L.L.C. 1 shared · one timeLerer Hippeau Ventures Management, LLC 1 shared · one timeRCJ Ventures Management, LLC 1 shared · one timeSalesforce Ventures 1 shared · one time · they led 1Matrix 1 shared · one time
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
5 dated events
- Sep 16, 2026California Consumer Privacy Act no longer listed on Echo Health Ventures LLC's portfolio pageRemoved from portfolio pagePortfolioInferenceCalifornia Consumer Privacy ActVenture organization websites (about, team, portfolio, thesis, news pages)
- Mar 30, 2022Echo Health Investments LLC first reported on Form ADV by Echo Manager LLC (Venture Capital Fund), GAV $462,900,000Fund first reported on Form ADVFundsFactEcho Health Investments LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2022Echo Health Ventures LLC no longer reported on Form ADV by Echo Manager LLCFund no longer reportedFundsInferenceEcho Health Ventures LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 1, 2021Echo Manager LLC first filed Form ADV (ERA, venture capital fund adviser exemption)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 1, 2021Echo Innovation Alliance LLC first reported on Form ADV by Echo Manager LLC (Venture Capital Fund)Fund first reported on Form ADVFundsFactEcho Innovation Alliance LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Corporate venture (confirmed, 95%, cls-1)corporate parent: Regence Insurance Holding Corporation
Evidence
53 observations from 3 sources