Lemhi Ventures
Venture capitalJordan · Seed–Late Stage · 5 people tracked
Find your way into Lemhi Ventures
17 people in our graph share verified history with the Lemhi Ventures team — schools, employers, funds. One of them is your warm intro.
Investment thesis
Lemhi Ventures backs healthcare services companies that pursue disruptive innovation, technology, and data to improve health outcomes, lower costs, and give consumers greater control over their healthcare decisions. Operating as a team of former founders, CEOs, and growth executives, the firm takes a working-investor approach with deep operational involvement. It seeks out entrepreneurs whose competitive edge is thinking differently and who have the drive to change the game. Since 2006, across Funds I, II, and now Fund III, Lemhi has maintained a deliberate point of view on the role of venture capital as an engine of innovation in healthcare.
Source: firm website, verified Aug 7, 2026.
Team · 5 people
from the firm's website & public directories
What they invest in
from 5 of 20 portfolio companiesHealthtech ×5Digital Health ×3AI & Machine Learning ×1Consumer ×1InsurTech ×1Medical Devices ×1
HQs:United States×6Italy×1
Investments · 20 tracked
founders shown can be your intro pathBy year:2024 · 12015 · 12012 · 12010 · 14 dated
Minneapolis, US
BoardKyle Rolfing(Executive Officer)
Co-investorsEos Venture Partners LimitedSixThirty Ventures
Carol is a subscription-based private digital medicine service offering virtual primary care through a mobile app, with a dedicated team of doctors available at all hours.
ConsumerDigital HealthHealthtech
Co-investorsExceptional VenturesLumen VenturesMacquarie CapitalOIF Ventures
Harbor Health is a healthcare provider and insurance company operating clinics across Texas that offers primary care, specialty care, and health coaching alongside integrated insurance coverage.
HealthtechInsurTechAustin, US
Sterling Claiborne Johnston(Chief Medical Officer)Jeffrey Fisher(Chief Financial Officer)Eric Scott(Vice President)inKara Rios(Chief Financial Officer)in
BoardPete Hudson(Director)inAnthony Miller(Director)in
Co-investors8VCAlta PartnersHealth2047 Capital Partners LLCMartin VenturesBreyer CapitalCubit Capital+2 more
Mendota Health operates wound care centers focused on treating chronic wounds and preventing amputations through clinical expertise and integrated care delivery.
Digital HealthHealthtechMedical Devices
Ms. Senger
BoardDr. Serena
Change Healthcare (presented under the Optum brand) provides data, analytics, AI-based tools, consulting, pharmacy benefit management, and operations technology to address challenges across the healthcare system.
AI & Machine LearningDigital HealthHealthtechSan Mateo, US
Theodore Tanner(Director)Lisa M Maki(Executive Officer, Director)
BoardTony Miller(Director)inWilliam Stewart(Director)John Backus(Director)Jodi Hubler(Director)
Co-investorsHealthy VenturesMcKesson VenturesNew Ground Ventures
Turns a wearable device into a digital health intervention for long-term remote monitoring of patients at home.
Co-investorsInnova Memphis, Inc.Jumpstart Capital
Aimed to make primary care convenient and affordable through video consultations and in-home medical services; ceased operations in 2017.
HealthtechMinneapolis, US
Thompson Aderinkomi(Executive Officer, Director)in
BoardKyle Rolfing(Director)Linda Hall(Director)Douglas Davenport(Director)
Co-investorsMcKesson Ventures
Built a mobile clinical documentation platform converting handwriting and natural inputs into structured data; acquired by Digital Reasoning in 2016.
Nashville, US
Hal Andrews(Executive Officer)
BoardJodi Hubler(Director)Tony Miller(Director)inPerry Chase(Director)
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
ABILITY NetworkBind Inc.DestinationRxDigital ReasoningDNA DirectLiazon CorporationOneHealth Solutions Inc.PartnerPlanSourceRecondo TechnologySandlot SolutionsTransEngen Inc.
Exits · 11
11 acquisitionsABILITY Networkacq. by Summit PartnersBind Inc.acq. by UnitedHealth GroupCarolacq. by OptumHealthDestinationRxacq. by ConnectureDRXDigital Reasoningacq. by SmarshDNA Directacq. by Medco Health SolutionsLiazon Corporationacq. by Towers WatsonOneHealth Solutions Inc.acq. by ViveraePlanSourceacq. by Vista Equity PartnersPokitDokacq. by Change Healthcare (Optum)Recondo Technologyacq. by Waystar Holding
Portfolio news
latest coverage across their companiesHarbor Health · finance.yahoo.com · Nov 13, 2025
RetraceHealth · easyvc.ai · Jun 9, 2025
Frequently asked questions
- How many investments has Lemhi Ventures made?
- Lemhi Ventures has 20 tracked investments, 11 of which have exited.
- What stage does Lemhi Ventures invest at?
- Lemhi Ventures invests at the Seed, Series A, Growth, Late Stage stages.
- What is Lemhi Ventures's typical check size?
- Lemhi Ventures typically writes checks of $500K – $5M.
- What sectors does Lemhi Ventures focus on?
- Lemhi Ventures focuses on Digital Health, Fintech, Healthtech, Medical Devices.
- Where is Lemhi Ventures located?
- Lemhi Ventures is headquartered in Jordan, US.
- Who does Lemhi Ventures co-invest with?
- Lemhi Ventures most often shares deals with 8VC, Alta Partners, Eos Venture Partners Limited, among 13 tracked co-investors.
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