ModifyHealth Secures $10 Million Series B Investment to Fuel Growing Demand for Its Medically Tailored Meals and Food as Medicine Platform

ATLANTA, January 10, 2023 /PRNewswire/ — ModifyHealth™ a nationwide food as medicine platform and provider of medically tailored meals announced the closing of a $10 million Series B funding led by RC Capital (RCC) with participation from existing investor Nashville Capital Network (NCN). The partnership with RCC will support ModifyHealth’s continued growth of its category-leading food as medicine solutions and further expansion of its nationwide operations to deliver meaningful patient outcomes. emerges from beta to make AI accessible for digital publishers

NASHVILLE–(BUSINESS WIRE)– (Spiny), an innovative content analytics, publisher intelligence, and advertising technology provider announced today that they had emerged from beta for a global product launch. The artificial intelligence (AI) powered digital publishing platform is currently used by a group of anchor customers that includes On3 Media,, and Spiny also announced it has raised $2.5 million in venture capital from Nashville Capital Network (NCN) and others.

NCN Adds Vice President Nolan Young

Nashville, TN (July 18, 2022)—Nashville Capital Network
(NCN)–– an early stage investment firm, is pleased to
announce that former investment banker Nolan Young has
joined the team as Vice President. Young brings an
extensive track record of transaction experience, having
closed opportunities in excess of $1.5 billion in aggregate
enterprise value. Young was a Vice President at Brentwood
Capital Advisors (BCA), a healthcare-focused, Nashville based investment bank. At BCA, Young advised fast growing clients on capital raising and mergers and

NCN Fund IV Launches With $70 Million in Investor Commitments

Investors include founders and executives of most successful companies in the region.

Nashville, TN (April 13, 2022) – Nashville Capital Network (NCN), an early-stage investment platform that leverages a proprietary network of professional investors to support promising, high growth companies, announced today that it has closed on its fourth private venture capital fund, NCN Fund IV.  The new fund has commitments in excess of its $70 million target.      

NCN Fund IV investors (“NCN Partners”) include founders and executives from some of Tennessee’s most successful companies. The NCN Partners will help management identify, evaluate, and ultimately oversee the investments made by the fund. Portfolio companies will benefit from access to the collective networks and expertise of the NCN Partners who led companies such as HCA, Gaylord Entertainment, Healthways, HealthSpring, Passport Health, naviHealth, Change Healthcare, Vaco, and many others.  Additionally, many of the leaders from successful NCN investments have joined the partnership as investors.  Individuals from Aspire Health, Emma,, Trilliant, Care Team Connect, Horizon Resource Group, EnableComp and others are investing in the fund and committed to supporting the next wave of promising entrepreneurs.   

NCN Fund IV is the fourth private early-stage fund led by managing partners Sid Chambless and Chase Perry. NCN has supported many notable companies from the early stages through exit including Aspire Health (acquired by Anthem), Emma (acquired by Insight Partners), Digital Reasoning (acquired by Smarsh), Contessa Health (acquired by Amedisys), EnableComp (acquired by Argo Health), AxiaMed (acquired by Bank of America), (acquired by Thompson Reuters), Horizon Resource Group (acquired by Provista), and others. NCN also has active investments in high growth companies including Ambition, Bellhop, CareHarmony, Cloudbeds, Concert Genetics, Groups360, JumpCrew, LiveSchool, Main Street Health, ModifyHealth, On3, Outsider, QHR Health,, Trilliant, Upfront Healthcare, XOi Technologies, and XSOLIS. 

“Our targets are fast growing companies that typically have $1-3 million in revenue, proven management and are raising their first round of professional capital,” said Sid Chambless, managing partner. “Our business model has proven to accelerate entrepreneur success while delivering attractive returns to investors. With the new fund we plan to continue investing in the same stage and size of companies that we have in the past.”

“We have recruited an incredible group of investors for NCN Fund IV,” said Chase Perry, managing partner. “Our Partners have led some of the most successful health care and technology companies in this region. They are committed to playing an active role in helping identify and accelerate the companies we support, which is a powerful resource.”

Since launching in 2003, NCN has supported 56 companies with nearly $100 million. Those companies have gone on to raise $1.3 billion in growth capital from many of the leading venture capital and private equity firms in the country. NCN supported companies have achieved collective enterprise values of more than $5 billion.  

To learn more about NCN and NCN Fund IV, visit

About Nashville Capital Network:

NCN is a partnership of more than 100 professional investors, most of whom have been founders and executives of highly successful companies. By leveraging the experience and expertise of the individuals within its partnership, NCN is able to identify, develop, and support promising, high-growth companies. NCN manages several investment funds including NCN Angel Fund I, NCN Angel Fund II, Tennessee Angel Fund, NCN Partners Fund, and NCN Fund IV.  

NCN Partners with Former Aspire CEO and CMMI Director Brad Smith

NASHVILLE, TN – Today, Russell Street Ventures and Brad Smith announced the launch of Main Street
Health, a new company focused exclusively on delivering value-based healthcare in rural America. Main Street Health’s first offering is the Extra Access program, which will provide a range of enhanced healthcare services to seniors in rural America in partnership with rural primary care providers, urgent care clinics, and independent pharmacies.