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Annie Lamont

Annie Lamont is an American venture capitalist and the co-founder and managing partner of Oak HC/FTOak HC/FTOak HC/FT is a venture capital and growth equity firm headquartered in Stamford, Connecticut, that focuses on healthcare and financial technology. It was spun out in 2014 by the healthcare and fintech team of the venture firm Oak Investment Partners and has invested in companies including VillageMD, Aspire Health, and CareBridge.Open the full entry, a healthcare and financial technology investment firm. She previously led healthcare and fintech investing at Oak Investment Partners for many years and has invested in companies including athenahealth, One Medical, VillageMD, and CareBridge.

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Key facts

College Graduation and First Jobs

Lamont graduated from Stanford University with a Bachelor of Arts degree. After graduating from college in 1979, she worked for six months as a paralegal at a small law firm, then quit and took a job at a small venture capital firm in Silicon Valley.⁠[1][2]

Working on Apple’s IPO at Hambrecht & Quist

Early in her career, Lamont was a research associate at Hambrecht & Quist, an investment bank specializing in high-tech companies, where she took part in public offerings including those of Apple and Genentech; in 1980, she worked with Steve JobsSteve JobsSteve Jobs (1955–2011) was a technology entrepreneur, Apple co-founder, NeXT founder, and investor and former CEO of Pixar. His career spanned personal computing, digital music, smartphones and animated films, with an emphasis on product design, user experience and multidisciplinary teams.Open the full entry on Apple’s IPO roadshow.⁠[3][4][5]

Joining Oak Investment Partners

In 1982, Lamont joined the venture capital firm Oak Investment Partners, where she was a general partner from 1986 to 2006 and later managing partner, leading its healthcare and fintech practices. She built Oak’s life sciences and healthcare business; as the internet gained traction, she had pivoted to investing in tech-based healthcare services by 2000.⁠[3][3][1][2]

Building a Fintech Practice

Lamont recalls that in 1999 she took an interest in Flooz, a “virtual online currency” that was ahead of its time, which drew her to financial technology; she said that as a result Oak established a fintech practice before almost anyone else.⁠[3][3]

Investing in athenahealth

Around 2000, Lamont made her first investment in the healthcare software company athenahealth; about 20 years later, when the company was sold to two private equity firms, the investment returned roughly 20 times. Her investments during the Oak Investment Partners era also included Castlight Health, Benefitfocus, and the prepaid debit card company NetSpend (later acquired by Total System Services for $1.3 billion).⁠[5][2][6]

Hiring Patricia Kemp

In 2002, Lamont hired Patricia Kemp, a former senior executive of the marketing firm Cendant, as a venture partner at Oak Investment Partners; Kemp later became a co-founder of Oak HC/FT.⁠[3][7]

First Appearance on the Midas List

In 2008, Lamont appeared for the first time on the Forbes Midas List of the world’s top tech investors; in 2014 she ranked No. 46 as an Oak Investment Partners investor, and in 2015 she ranked first among healthcare investors on the list.⁠[2][5][5][8]

Co-Founding Oak HC/FT

In 2014, Lamont, Andrew Adams, and Patricia Kemp spun out of Oak Investment Partners to form Oak HC/FT, focused on healthcare and fintech, with Lamont as managing partner; its first fund of $500 million closed in June 2014. At the launch, she said global technology innovations, cost pressures, and regulatory changes were creating unprecedented opportunities in healthcare and fintech.⁠[1][7][9][7]

Lamont believes there is a great deal of crossover between healthcare and financial services: both are highly regulated industries in a massive convergence, and a growing share of healthcare involves consumer payments and price transparency.⁠[6][6][3]

Joining the Boards of Aspire Health and VillageMD

In Oak HC/FT’s early years, Lamont joined the boards of the palliative care company Aspire HealthAspire HealthAspire Health is a community-based palliative care company headquartered in Nashville, Tennessee. It was co-founded in 2013 by former U.S. Senate Majority Leader and physician Bill Frist and Brad Smith, and provides mainly home- and outpatient-based, non-hospice palliative care to patients with serious illnesses. It was acquired by the health insurer Anthem (now Elevance Health) in June 2018 and has operated under Anthem’s Carelon Health brand since 2024.Open the full entry and the primary care management services company VillageMD with financing rounds led by Oak HC/FT. She said U.S. healthcare costs were rising at unsustainable levels and that VillageMD helped primary care providers deliver better clinical results while working with health plans to build a financial model supporting that clinical model.⁠[8][10][11][11][10][10]

NVCA Excellence in Healthcare Innovation Award

In March 2017, Lamont received the National Venture Capital Association’s Excellence in Healthcare Innovation award; in January 2018, she and Kemp were jointly ranked No. 25 on Institutional Investor’s Fintech Finance 40 list.⁠[3][3]

Portfolio Companies Acquired

Before the IPO of One Medical’s parent 1Life Healthcare, Oak Investment Partners XII held 11.4 percent, and Lamont was one of the four executive managing members of the fund’s general partner; on February 22, 2023, Amazon completed its all-cash acquisition of One Medical at $18 per share, valued at about $3.9 billion including net debt.⁠[12][12][13][14]

Return to the Midas List

In 2024, Lamont ranked No. 86 on the Midas List, her fifth appearance and her first since 2015. Devoted Health, a later venture of an athenahealth co-founder in which she invested, was valued at $12.9 billion, and the initial $20 million investment was worth about $1 billion to her and Oak HC/FT’s backers. She said the key to lasting success in venture capital is the ability to spot and embrace new tech cycles: “It is not about being a one-hit wonder in venture. It is about reinventing yourself across different cycles.”⁠[2][2][2][2]

In recent years she has backed healthcare companies focused on generative AI, such as Notable, which provides automation tools for patient check-ins and authorizations, and Trovo Health, which sells AI assistants for clinicians. She believes AI, deployed thoughtfully and responsibly, could reduce healthcare administrative costs, increase physician productivity, and improve patient outcomes.⁠[2][2]

Sixth Fund

On July 24, 2025, Oak HC/FT’s sixth fund, Oak HC/FT Partners VI, L.P., filed a Form D listing Lamont and Andrew Adams as executive officers. As of October 2026, she remains co-founder and managing partner of Oak HC/FT.⁠[16][16][1]

Board Roles and Honors

In addition to her portfolio company board seats, Lamont serves on the board of directors of Bloomberg Inc., has served on the Board of Trustees of Stanford University, and took part in the Health and Human Services Deputy Secretary’s Innovation and Investment Summit. She has been named to lists including Modern Healthcare’s 100 Most Influential People in Healthcare and CB Insights’ Top 100 Venture Capitalists, and has received multiple lifetime achievement awards for her role in transforming the healthcare industry.⁠[1][17][1][1][1][18]

Her husband is Connecticut Governor Ned Lamont.⁠[5][2]

Related Organizations, Websites, and Public Accounts

Sources

  1. Annie Lamont | Oak HC/FT (opens in a new window)
  2. First lady Annie Lamont named to Forbes’ 2024 Midas List (opens in a new window)
  3. The Fintech Finance 40: Patricia Kemp and Annie Lamont (opens in a new window)
  4. Annie Lamont on Reinvention and Winning Across Four Decades of Venture Capital (opens in a new window)
  5. Annie Lamont (opens in a new window)
  6. Oak HC/FT raises largest-ever VC fund led by women (opens in a new window)
  7. Oak HC/FT Launches $500 Million Healthcare Information & FinTech Fund (opens in a new window)
  8. Oak HC/FT Leads $15 Million Investment in Aspire Health to Fund Rapid Expansion (opens in a new window)
  9. OAK HC/FT PARTNERS, L.P. Form D (opens in a new window)
  10. VillageMD to Accelerate National Expansion with $36M Investment Led by Oak HC/FT (opens in a new window)
  11. Just three years old, Oak HC/FT closes its second fund with $600 million (opens in a new window)
  12. 1Life Healthcare, Inc. Prospectus (Form 424B4) (opens in a new window)
  13. Amazon and One Medical sign an agreement for Amazon to acquire One Medical (opens in a new window)
  14. 1Life Healthcare, Inc. Current Report on Form 8-K (February 22, 2023) (opens in a new window)
  15. Elevance Health, Inc. Annual Report on Form 10-K for the year ended December 31, 2024 (opens in a new window)
  16. Oak HC/FT Partners VI, L.P. Form D (opens in a new window)
  17. Annie Lamont | Yale Ventures (opens in a new window)
  18. First Lady Annie Lamont (opens in a new window)