🦊/Investors

MemorialCare Innovation Fund

Corporate VC

Long Beach · Seed–Growth · 11 people tracked

Find your way into MemorialCare Innovation Fund

808 people in our graph share verified history with the MemorialCare Innovation Fund team — schools, employers, funds. One of them is your warm intro.

Bill Frankunlockedknows Caleb Winder · together at Olive (overlapped)
×3knows the team · via Northwestern University
×3knows the team · via Colby College
×2knows the team · via Babson F.W. Olin Graduate School of Business
knows the team · via Union College
knows the team · via Missouri State University
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Investment thesis

MCIF is the corporate venture arm of MemorialCare Health System, investing to accelerate entrepreneurial healthcare solutions for health systems nationwide. It focuses on privately held, early- to mid-stage companies across healthcare information technology, healthcare services, and medical device innovation. The fund partners with businesses led by proven management teams that show strong revenue growth potential and develop novel solutions to improve the performance of leading health systems and physician organizations.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Growth
HQ
Long Beach, California, US
Leads rounds
Leads
Instruments
Equity
Founded
1993
Last 12 months
1 investment
Tracked investments
26
Acquisitions
3

Team · 11 people

from the firm's website & public directories

What they invest in

from 22 of 26 portfolio companies

Healthtech ×19Digital Health ×13AI & Machine Learning ×10SaaS ×10Enterprise Software ×6Medical Devices ×3Cybersecurity ×2HR Tech ×2

HQs:United States×17

Who they back

founder profiles across 14 portfolio companies
57%
solo founders
8 of 14 mapped founding teams
24%
repeat founders
of 17 founders with career history

Founding team size:solo founder×82 founders×6

Where their founders studiedfrom 17 founders with education data

University of Maryland ×3Rutgers University ×2

What their founders studiedfrom 15 founders with field-of-study data

Engineering ×6Business & Management ×5Finance & Accounting ×4Computer Science ×3Medicine ×2

Where their founders worked beforefrom 17 founders with career history

Diatonic Healthcare ×2M.D.G Medical Ltd. ×2McKinsey & Company ×2

Investments · 26 tracked

founders shown can be your intro path

By year:2026 · 12023 · 22022 · 12021 · 22019 · 12018 · 12017 · 12016 · 211 dated

Babyscriptsbabyscripts.comin𝕏Sep 2021 · $12M✓ verified

Babyscripts provides a maternity care platform with remote patient monitoring, risk screening, and care management services for pregnant and postpartum patients.

Digital HealthFemTechHealthtech

Juan Pablo Segura(Founder)inAnish Sebastian(Founder & CEO)in

Co-investorsCU Healthcare Innovation FundPhilips VenturesBuilders + BackersCivilization Ventures Management, LlcIrishAngelsK Street Capital+4 more

SilverCloud Healthsilvercloudhealth.comin✓ verifiedacquired by Amwell

SilverCloud by Amwell is a digital mental healthcare platform designed to provide mental health services to a broad audience.

Digital HealthHealthtechMental HealthWellness & Fitness

Co-investorsB Capital GroupB4 CapitalFurthr VCOSF Ventures

amenitiesamenitieshealth.com

Amenities Health is preparing to offer a concierge longevity service focused on helping people improve their health and wellness beyond the absence of illness.

HealthtechLongevityWellness & Fitness

Aasim Saeed, MD-MPA(Founder)in

Co-investorsCamber CreekCourtside Ventures

Arista MDaristamd.comin𝕏

AristaMD is a technology-enabled clinical services provider that connects primary care physicians with board-certified specialists through eConsults to improve access to specialty care and reduce costs.

Digital HealthEnterprise SoftwareHealthtechSaaSSan Diego, US

Keith Pinter(Chief Executive Officer)inJulia Jezmir(President and Chief Medical Officer)inBrooke LeVasseur(Executive Officer, Director)inDouglas Downs(Executive Officer, Director)Rebecca Cofinas(Executive Officer, Director)

BoardJohn Kuelper(Director)in

Co-investorsAscension Ventures.406 VenturesCobalt VenturesCU Healthcare Innovation FundHomebrewOptum Ventures+2 more

Arteraartera.ioin𝕏

Artera provides AI-powered voice and text communication agents for healthcare providers to improve patient engagement and streamline coordination of care.

AI & Machine LearningDigital HealthHealthtechSaaSSanta Barbara, US

Guillaume de Zwirek(CEO and Co-founder)in

Co-investorsJackson Square VenturesMartin VenturesScOp Venture CapitalTechstarsHealth Velocity CapitalLead Edge Capital+1 more

Asimilyasimily.comin𝕏Jun 2022

Asimily provides an exposure management platform that inventories, prioritizes, and mitigates cybersecurity risk across IoMT, IoT, IT, and OT devices.

AI & Machine LearningCybersecurityHealthtechIoTSunnyvale, US

Shankar Somasundaram(Founder & CEO)inHithesh Nama(Co-founder)inMichael Brown(Director)inBrendan Baker(Director)inHank Barry(Executive Officer)

BoardJohn Dougery(Director)in

Co-investorsEngineering CapitalInventus Capital PartnersRidge Ventures

Aviahealthinnovationaviahealthinnovation.comin

AVIA operates a network and membership program for health systems, offering benchmarking, market intelligence, and peer collaboration to guide their digital transformation.

Digital HealthHealthtechSaaS

Co-investorsCorewell Health Ventures

Bayesian Healthbayesianhealth.comin𝕏

Bayesian Health develops clinical artificial intelligence for real-time patient monitoring and clinical decision support.

AI & Machine LearningDigital HealthHealthtechMedical Devices

Suchi Saria(Founder and CEO)in

Co-investorsAndreessen HorowitzCatalio Capital Management, LPEpsilon Health InvestorsHealth2047 Capital Partners LLCLifeforce Capital

Carta Healthcarecarta.healthcareinJun 2023

Unable to determine company information; page contains only placeholder Lorem ipsum text.

AI & Machine LearningDigital HealthHealthtechPittsburgh, US

Gilan El Saadawi(Executive Officer, Director, Promoter)Betsy Castillo(Head of Clinical Data Abstraction)inMichael Finke(Director)Brenton Burns(Director)Scot Stevens(Director)Aaron Brauser(Executive Officer, Director, Promoter)

Co-investorsAsset Management CompanyCU Healthcare Innovation FundFrist Cressey VenturesHealthy VenturesKatalyst VenturesKatalyst.Ventures+5 more

Censinetcensinet.cominJan 2023 · $9M

Censinet provides risk management solutions for healthcare organizations, built by former healthcare operators and security experts who understand the integrated risks healthcare systems face.

CybersecurityEnterprise SoftwareHealthtechSaaSBoston, US

Ed Gaudet(Founder)inCambrey Warein

Co-investorsBallad VenturesExcelerate Health VenturesHLM Venture PartnersSchooner CapitalExcel Venture ManagementLRVHealth+1 more

Foldaxfoldax.comin𝕏

Foldax develops heart valve replacement technology leveraging polymer expertise and biologic design.

Advanced ManufacturingBiotechHealthtechMedical DevicesSalt Lake City, US

Frank Maguire(Executive Officer, Director)

BoardKen Charhut(Director)George Wallace(Director)Morteza Gharib(Director)Mory Gharib(Director)

Co-investorsAngel Physicians FundKairos Venture Investments, LlcKairos Venture Partners

Health Enterprise Partners Healthcare Private Equity Fundhepfund.comin

HEP is a private equity firm founded in 2007 that invests in companies working to improve the delivery of healthcare, partnering with strategic payer and provider limited partners.

Healthtech

Healthcare North America Growth Stagecentivo.comin

Centivo is a primary-care-centered health plan administrator for self-funded employers, sold through benefits brokers and consultants.

Digital HealthHealthtechInsurTech

Alan Cohen(Founder)inAshok Subramanian(Founder & CEO)Stuart Roth(Founder)in

Co-investorsAlumni VenturesB Capital GroupB4 CapitalBasecamp FundF-Prime CapitalGPO Fund+5 more

Hlmvphlmvp.comin

HLM is a venture capital firm that invests exclusively in the healthcare sector, backing early-stage health tech and healthcare services companies.

Digital HealthHealthtech

Ivantis Incivantisinc.comJan 2017Acquired

Ivantis was a medical device company founded in 2007 in Irvine, California, that developed the Hydrus Microstent, a minimally invasive device for treating glaucoma during cataract surgery.

Irvine, US

David Van Meter(Executive Officer, Director)

BoardTara Butler(Director)Douglas Roeder(Director)Ali Behbahani(Director)inRandy Alexander(Director)Thong Yuen Poon(Director)

Co-investorsAscension VenturesForesite CapitalRA CapitalNew Enterprise Associates (NEA)

Laudiolaudio.comin𝕏Jan 2019acquired by Ascend Learning

Laudio builds a SaaS platform that supports frontline leaders in hospitals and health systems, using data and analytics to improve employee engagement, retention, and operational outcomes.

AI & Machine LearningDigital HealthHR TechSaaSNewton, US

Russell Richmond, MD(Executive Officer, Director)Tim Darling(Co-founder & President, Laudio Insights)inKevin Kumler(Director)Constantine John Floros(Executive Officer, Director)Lisa Mastrangelo(Executive Officer)Mike Caffrey(Director)

Co-investors.406 VenturesInHealth VenturesDefine Ventures

Leantaasleantaas.comin𝕏

Santa Clara, US

Mohan Giridharadas(Executive Officer, Director)in

BoardJohn D. Durrett(Director)Ray Conley(Director)inBrad Johnson(Director)Peter Willats(Director)

Co-investorsInsight Partners

NeuroFlowneuroflow.comin𝕏

NeuroFlow builds behavioral health integration platforms that identify population behavioral health risk, engage individuals with acuity-specific resources, and give care teams data to make decisions.

AI & Machine LearningDigital HealthHealthtechMental HealthPhiladelphia, US

Christopher Molaro(Co-founder & CEO)inAdam Pardes(Co-founder)inAlan Wayne Tamarelli(Director)

Co-investorsCorewell Health VenturesDreamit VenturesEcho Health VenturesHLM Venture PartnersRed & Blue VenturesBen Franklin Technology Partners+2 more

Phynd TechnologiesinNov 2016

Dallas, US

Thomas White(Mr. White is the President of Phynd Technologies, Inc.)in

BoardJames Duda(Director)Peter White(Director)

Co-investorsRex Health Ventures

SpendRulespendrule.cominFeb 2026 · $2M

SpendRule provides a contract intelligence platform that automates the validation and enforcement of purchased services contracts in healthcare.

AI & Machine LearningEnterprise SoftwareHealthtechSaaS

Chris Heckler(CEO & Co-Founder)inJoseph Akintolayo(CTO & Co-Founder)in

Co-investorsZeal Capital Partners

Syllablesyllable.aiinAug 2018

Syllable is a platform for building, running, and optimizing production AI agents, offering a no-code conversational builder for domain experts and declarative configurations and APIs for engineering teams.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareSaaSSunnyvale, US

Sarel Kobus Jooste(Executive Officer, Director)Guilherme Medeiros Bastos(Executive Officer)

Co-investorsNew Enterprise Associates (NEA)Oak HC/FTTCV

Tyto Caretytocare.comin𝕏

TytoCare provides Home and Pro Smart Clinic solutions that let clinicians conduct clinical-grade remote physical exams using a handheld exam device combined with FDA-cleared AI decision support.

AI & Machine LearningDigital HealthMedical Devices

Ofer Tzadik(Co-Founder)inDedi Gilad(Co-Founder & Board Member)inAdam Pellegrini(Chief Executive Officer)inGreg Orr(Chief Operating Officer)inTamir Gotfried(Chief Business & Strategy Officer)inEyal Bychkov(VP Hardware & Innovation)in

Co-investorsEcho Health VenturesInsight PartnersLionBirdOrbiMedOTVQualcomm Ventures+3 more

Vitalizevitalize.carein𝕏

Vitalize provides an AI platform for health systems that unifies staffing, scheduling, and capacity management to optimize labor operations.

AI & Machine LearningEnterprise SoftwareHealthtechSaaSSan Francisco, US

Veeraj Shah(Founder)inSanketh Andhavarapu(Founder)in

Co-investors.406 VenturesDorm RoomY CombinatorWisdom Ventures

Wellistwellist.comin

Wellist operates a resource matching platform that helps employers and healthcare providers optimize benefits and support programs.

Enterprise SoftwareHealthtechHR TechSaaS

Ashley Reid(Founder)in

Co-investors.406 Ventures

Xealthxealth.comin𝕏Sep 2021 · $24M

Xealth offers an orchestration platform for Digital Care Execution that lets clinicians prescribe digital health programs directly from the EHR, coordinate care across patients and partners, and centralize engagement and outcome data.

Digital HealthHealthtechSaaSSeattle, US

Michael McSherry(Executive Officer, Director)Aaron Sheedy(Executive Officer, Director)inSundar Balasubramanian(Executive Officer, Director)William Bryant(Director)inEric Fu(Executive Officer)

BoardAaron Martin(Director)

Co-investorsLRVHealthDFJMcKesson VenturesThreshold Ventures

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Aventura HQ, Inc.

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Exits · 3

3 acquisitions · showing 2

SilverCloud Healthacq. by AmwellLaudioacq. by Ascend Learning

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has MemorialCare Innovation Fund made?
MemorialCare Innovation Fund has 26 tracked investments, 3 of which have exited, including 1 dated in the last 24 months.
What stage does MemorialCare Innovation Fund invest at?
MemorialCare Innovation Fund invests at the Seed, Series A, Series B, Growth stages.
What sectors does MemorialCare Innovation Fund focus on?
MemorialCare Innovation Fund focuses on Digital Health, Healthtech, Medical Devices.
Where is MemorialCare Innovation Fund located?
MemorialCare Innovation Fund is headquartered in Long Beach, US.
Does MemorialCare Innovation Fund lead rounds?
Yes, MemorialCare Innovation Fund leads investment rounds.
Who does MemorialCare Innovation Fund co-invest with?
MemorialCare Innovation Fund most often shares deals with .406 Ventures, Echo Health Ventures, HLM Venture Partners, among 61 tracked co-investors.

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