The decision to discontinue testing comes on the heels of criticism over investments made by Annie Lamont’s venture capital firm.
Sema4 Investigation
The company’s contracts with the state have come under scrutiny because Annie Lamont’s venture capital firm, Oak HC/FT, is an investor. Annie Lamont is married to Gov. Ned Lamont. Oak HC/FT invested twice in Sema4, which has received millions of dollars from the state to perform COVID testing.
Clash by Stefanowski, Lamont over COVID testing contract makes issue of Connecticut’s ethics code
Exchanges by the governor and a likely challenger spotlight ethics rules drawn by lawmakers who narrowly define conflicts of interest.
The Stamford firm getting a state boost is no longer on the Lamonts’ ‘recusal list.’ But 134 other firms still are.
The list of companies that Annie Lamont’s firm invests in includes many in health care and financial technology.
Sema4 was a hot CT startup. Then came COVID, state contracts — and a boost from Annie Lamont’s firm
Oak HC/FT invested in Sema4 two months after the Lamont administration signed a $17.2 million contract with Sema4.