Larry C. Renfro serves as Managing Partner of Optum Ventures. See sector focus and contact routes.
Larry C. Renfro serves as Managing Partner of Optum Ventures, an early-stage venture capital firm in Boston focused on emerging healthcare technology, analytics, and services companies with transformative capabilities. He brings over 25 years of financial services executive experience, including leadership roles at Devonshire Financial Group, NewRiver Inc., and State Street Bank, before joining UnitedHealth Group where he previously served as Vice Chairman. Optum Ventures invests primarily in early to growth-stage digital health startups that leverage data-driven technologies to improve healthcare delivery, access, and payment systems, with a geographic focus on the United States. The firm manages a $250 million fund launched in 2017, later expanded to $600 million, and typically provides capital alongside Optum’s healthcare expertise to accelerate portfolio growth. While specific check sizes and lead/follow behavior for Renfro individually are not publicly documented, the firm’s strategy emphasizes backing companies that make the healthcare system more navigable and reliable. Notable portfolio companies are not explicitly named in available sources, though the
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