Dipa is a Managing Partner at Cobalt Ventures, the strategic venture capital arm of Blue Cross and Blue Shield of Kansas City. Cobalt’s investment model drives a flywheel of value creation by aligning the strategic priorities of healthcare payers and providers with the achievement of key commercial milestones for our portfolio companies.Dipa formerly led Corporate Development and Ventures group at Advocate Health Enterprises (AAE), an Advocate Health subsidiary that aims further the AH mission to help people live well by advancing innovative solutions that go beyond traditional clinical care. She led investments into Foodsmart, Xealth, and acquisitions into companies helping seniors to age in their home for longer. Dipa was also previously a Managing Director at Sandbox Industries, a venture capital firm which is the investment manager to the Blue Venture Fund. Prior to Sandbox, Dipa was at Amgen Ventures, the corporate venture fund of Amgen. Dipa started her career in the Global Healthcare Group at UBS and the Healthcare Fund at Paul Capital Partners, which invested in late-stage pharmaceutical and biotechnology companies. Dipa holds a BS from the New York University Stern School of Business and an MBA from the University of Chicago Booth School of Business where she received the Chicago Booth Leadership Award of Distinction. Dipa has also completed the Kauffman Fellowship, a prestigious two-year program for venture capitalists. Dipa is currently an Investor in Residence with the Polsky Center for Entrepreneurship at Booth where she advises students and teaches workshops. Dipa lives in Chicago with her husband and twin boys.