Providence Ventures

Providence Ventures generally targets mid-to late-stage venture investments across Healthcare IT, MedTech, and tech-enabled services. Over the life of an investment, they seek to deploy $8 to $15 million. Their best opportunities to add value are investments that align the interests of their portfolio companies and the innovation priorities of Providence Health & Services, through broad solution deployment and strategic insight. The innovation opportunities PHS targets as a large health system tend to reflect the priorities of the US health system overall. They welcome the opportunity to partner with established venture funds as co-investors, however, syndication is not a prerequisite for their participation.

Providence Ventures is founded in 2014 which manages $300 million in venture capital funds on behalf of Providence St. Joseph Health (PSJH), one of the largest integrated health systems in the US. The company's​ mission is to achieve venture and growth equity class returns through direct investments in innovative healthcare companies that improve health outcomes, lower costs, and enhance the experience of our patients and caregivers. It offers investment capital, combined with health system expertise, to companies addressing existing and emerging pain points in healthcare. Providence Ventures partners with our portfolio companies to refine existing solutions, while expanding their adoption within and beyond our health system.

Providence Ventures, established in 2014 and headquartered in United States, North America., specializes in Early Stage Venture, Seed, Private Equity, Late Stage Venture investments across Software, Hardware, Health Care, Medical, Enterprise Software, Video, Venture Capital, Mobile, Medical Device, Internet. The organization boasts a portfolio of 30 investments, with an average round size of $43.3M and 8 successful exits. Their recent investments include Sqord, Providence Health Care, InDemand Interpreting, Health Enterprise Partners, Fifth Province Ventures. The highest investment round they participated in was $117.1B. Among their most notable exits are Sqord and Providence Health Care. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.