VC  Providence Ventures

http://www.providenceventures.org/





     Office Locations:

459 Hamilton Avenue, Suite 205
Palo Alto, CA 94301

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Stages:

  • Early
  • Growth


 

Industries:

  • Information Technology
  • Life Sciences & Healthcare
  • Medical Device

  •  

    Description:

    Providence Ventures was founded in 2014 to manage a $150 million venture capital fund on behalf of Providence Health & Services (PHS). The fund is designed to achieve venture class returns through direct investments in innovative healthcare companies that improve quality and convenience, lower cost and improve health outcomes. Providence Ventures offers investment capital, combined with health system expertise, to companies addressing existing and emerging pain points in healthcare. The firm targets early-to mid-stage investment opportunities, preferring to be one of the first institutional investors in a company. About $8 to $15 million is invested in each target company.


     

    Funds:


      Fund Name


      Amount


      Date

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    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Aaron Martin Managing Partner
    Christiana DelloRusso Partner
    Christina Pluta Senior
    Claire Celeste Carnes Partner
    Cyril Philip Senior

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      11/14/2017


      Collective Medical


      UT


      $47,500,000


      Series A


     

    Portfolio companies include:


      Binary Fountain
        web link


      Collective Medical
        web link


      Gauss Surgical
        web link


      InDemand Interpreting
        web link


      Kyruus
        web link


      Lyra Health
        web link


      N-of-One
        web link


      Omada Health
        web link


      Sqord
        web link


     

    Recent News: