Todd Cozzens

Todd Cozzens

Managing Partner

Transformation Capital


Biography

Todd Cozzens is managing partner and co-founder at LTP, a healthcare growth equity fund based in Boston. He was previously healthcare partner at Sequoia Capital where, among other investments, he invested in and helped build four billion-dollar valuation healthcare companies. He is on the boards of Health Catalyst, Zirmed and Natera. Prior to Sequoia Capital, Cozzens held several senior management positions at UnitedHealth Group and Optum, the $90 Bn revenue technology and services subsidiary of UnitedHealth Group including head of strategy and M&A and CEO of the Accountable Care Solutions business.

Cozzens joined Optum after it acquired his previous company, high acuity information system market leader Picis where he founded the company and was CEO. He has more than 25 years of experience in the healthcare technology and information systems and services industry. It was Cozzens’ original strategic vision of electronic medical records (EMR’s) for the high-acuity care areas of hospitals that drove the company to a 50% annual growth rate over a ten-year span and to over 2300 hospital clients, 750 employees and strong profitability. Picis was backed by Goldman Sachs and Brown Brothers Harriman. He was named Entrepreneur of the Year by Ernst & Young in 2005 and by Marquette University in 2009.

Prior to Picis, Cozzens held several senior executive positions with Marquette Medical Systems (now GE Healthcare) and led its initial public offering with the company founder. Cozzens is a graduate of Marquette University and the Harvard Business School Executive Program for Management Development. He was a four-time member of the U.S. Olympic Sailing Team from 1980 to 1992.

In August of 2010, Picis was acquired by Optum, the health services and technology business of UnitedHealth Group. At Optum, he led provider strategy and M&A and then became CEO of a new business unit, Optum Accountable Care Solutions, bringing together Optum’s broad and deep technology and services to enable providers to embark on new models of care as healthcare is transformed in the post-reform years.

In April of 2012, Cozzens joined Sequoia Capital, the legendary Silicon Valley venture capital firm known for its investments in Apple, Google, Oracle, Cisco, LinkedIn and more recently WhatsApp, Instagram, Dropbox, Kayak and Airbnb. Cozzens focuses on investing in early and growth stage healthcare technology and service companies and advises companies currently under investment. In 2015 he played a critical role in the sale of MedExpress, a Sequoia-backed company where he served on the board, to United Health Group. He is on the board of directors for Health Catalyst, Natera, PerfectServe, SCIO Analytics and Zirmed. He also served in an advisory capacity to Optum, TPG and the Carlyle Group.

Cozzens founded Leerink Transformation Partners in 2015, a growth equity investment firm focused on investments in the healthcare information technology and healthcare services sectors together with Leerink Partners, the world’s largest healthcare-focused investment bank. The firm is based in Boston.