Before she was Connecticut’s First Lady, Midas lister Annie Lamont was making early bets on health tech — and reaping big returns. Four decades into investing, she’s reinventing herself again for the AI era.the cofounders of AthenaHealth met with investor Annie Lamont to share some bad news: two key customers of their three-year-old healthtech startup, which offered software to manage medical records, billing and claims, were cutting ties. There would be a serious hit to sales.
For Lamont, 67, the $5.3 billion-in-assets Oak HC/FT is the latest chapter in a career that spans multiple firms and four decades, with lifetime investments in at least 80 companies. She’s returned an estimated $1.5 billion to investors over the last decade, according to a source familiar with the firm’s finances. Lamont’s a prominent figure outside of venture, too: the spouse of Connecticut governor Ned Lamont, she’s served as First Lady of Connecticut since 2019.
When Lamont graduated from college in 1979, her first job was as a paralegal at a small law firm, working with engineers to automate the grueling legal discovery process with software. She quit after six months. “I was far more interested in the tech side of it than I was in what at the time was defending a guilty client,” Lamont said.
In the decade since, Lamont’s Oak HC/FT portfolio has run the gamut of health tech. Highlights include CareBridge, a virtual care and in-home tech provider for caregivers; Main Street Health, which caters to rural markets; and BrightLine, which offers virtual mental health therapy for children. She’s also backed companies like One Medical , primary care provider VillageMD and payments platform Rapyd .