Trip Hofer
Venture Partner
Trip Hofer joined .406 in 2023 and brings decades of experience running healthcare companies to the firm.
In addition to taking on the role of CEO of .406 portfolio company Redox, he helps identify and evaluate new investment opportunities and advises other portfolio companies.
Prior to joining .406, Trip was CEO of Optum Behavioral Solutions, the largest provider of mental health services in the United States. He assumed that role shortly after leading the sale of his previous company, virtual mental health care provider (and .406 portfolio company) AbleTo, to Optum in 2020. Before AbleTo, Trip held leadership roles at CVS Health (where he led acquired companies including Accordant and Novologix), Health Dialog (a .406 portfolio company), and UnitedHealth Group.
Trip started his career at Booz Allen, a leading management consulting firm headquartered in Washington, D.C., before taking a series of senior roles supporting the Office of the Mayor of Washington, D.C.
Trip received a BA in economics and environmental studies from St. Lawrence University and an MBA from Yale School of Management.
How I want entrepreneurs to perceive me
Transparent, humble, and well-versed on the healthcare ecosystem.
Best part of the day
Early morning – right after I get up and the house is still quiet. (I get up before anyone else in my house).
Favorite destination
Any ski resort out west.
What you’ll find me drinking
Seltzers. I drink a lot of seltzer water.
Least favorite job
In high school, I worked at Costco preparing and handing out food samples.
Worst fear
Snakes…I hate snakes.
What makes me unique
My grey hairs, which started to appear at the age of 21.
Most important lesson learned
Always put yourself in others’ “shoes” when trying to solve problems and create successful strategies.
