Frist Cressey Ventures
Frist Cressey Ventures (FCV) is a Nashville-based venture capital firm focused on transforming the healthcare industry. Founded in 2016 by Bill Frist, M.D., and Bryan Cressey, FCV aims to support founders who utilize technology to enhance care delivery across the United States. The firm manages over $756 million in assets and has recently closed its fourth fund at $425 million, reflecting strong confidence from its investors. FCV specializes in early-stage investments in healthcare services, digital health, and enterprise software. The firm provides a range of value-added services, including
Investing activity
Frist Cressey Ventures appears in 2 AI deals tracked by the AI Lounge deals desk, rounds totalling $30M, and led 2 of them. The rounds are mostly Series A and Seed, with a median round size of $30M. The most recent are Avante (Series A, $30M, Oct 2026) and Modicus Prime (Seed, $4.5M, May 2026).
Frist Cressey Ventures most often invests alongside FUSE, Morgan Stanley Next Level Fund, Hearst Ventures and Sorenson Capital (Sorenson Ventures), and the companies it backs on AI Lounge are mostly in HR and benefits AI and AI.
Deals
Frequently asked questions about Frist Cressey Ventures
What AI companies has Frist Cressey Ventures invested in?
Frist Cressey Ventures's AI investments include Avante and Modicus Prime. The 2 rounds on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is Frist Cressey Ventures based?
Frist Cressey Ventures is based in Nashville, Tennessee, United States.
What stage does Frist Cressey Ventures invest at?
In the rounds tracked on AI Lounge, Frist Cressey Ventures has invested at Series A and Seed, with a median round of $30M. Frist Cressey Ventures led 2 of those rounds.
Who does Frist Cressey Ventures co-invest with?
Frist Cressey Ventures's most frequent co-investors on AI Lounge are FUSE (1 deal), Morgan Stanley Next Level Fund (1 deal), Hearst Ventures (1 deal), Sorenson Capital (Sorenson Ventures) (1 deal) and Silverton Partners (1 deal).
How can founders reach Frist Cressey Ventures?
Founders on AI Lounge can see Frist Cressey Ventures's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Frist Cressey Ventures to their Investor Pipeline to track the conversation.