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.

MemorialCare Innovation Fund

Corporate VC

Long Beach · Seed–Growth · 11 people tracked

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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.

Invests inDigital Health Healthtech Medical DevicesUnited States

Source: firm website, verified Aug 3, 2026.

Stage

Seed–Growth

Long Beach, California, US

Leads rounds

Leads

Instruments

Equity

Founded

1993

Tracked investments

Team · 11 people

from the firm's website & public directories

Brant Heise· Managing Directorin

Leads MCIF's investing activities with over 30 years of healthcare experience across non-profit and for-profit settings, including operating roles at start-ups and numerous portfolio board seats. He is also Senior Managing Director at Summation Health Ventures and VP at National Healthcare Services, and holds a Masters in Healthcare Service Administration from the University of Michigan.

b•••@memorialcare.orgreveal

Caleb Winder· Managing Director· Boston, Massachusetts, United Statesin

Co-leads MCIF's investment activities with over 30 years of venture capital experience in early-to-mid-stage healthcare technology companies, sourcing and syndicating deals and supporting portfolio companies. He is also Co-Founder and Managing Director at Excel Venture Management and previously a Principal at Biotechonomy Ventures, holding an MBA from Babson College.

c•••@memorialcare.orgreveal

Heise· MCIF Management

Serves in a management role at MCIF and is also Senior Managing Director at Summation Health Ventures and Vice President at National Healthcare Services. Has held numerous board and observer positions at venture-backed healthcare companies and holds a Masters in Healthcare Service Administration from the University of Michigan.

b•••@memorialcare.orgreveal

Winder· MCIF Management

Has extensive private and public healthcare company board experience and is Co-Founder and Managing Director at Excel Venture Management. Previously a Principal at Biotechonomy Ventures; holds an MBA from Babson College's Olin Graduate School and a BA in Biology from Colby College.

Barry S. Arbuckle· Chairman of the Board, MCIF; President and CEO, MemorialCare Health System

President and CEO of MemorialCare Health System and Chairman of the MCIF board, who has overseen significant growth of the Southern California not-for-profit health system. He holds a Ph.D. from the University of North Carolina.

Dowerah· MCIF Management

A finance and accounting professional with over 20 years in the healthcare industry, holding an MBA from Pittsburg State University.

Eugene Kim· Chief Medical Officer, MemorialCare Health System

CMO of MemorialCare overseeing case management, risk management, and quality improvement, and a board member of MCIF. Board-certified in internal medicine, he previously served as CMO for Providence Clinical Network and St. Jude Medical Center.

Ken Charhut· Board Member; Executive Chairman of the Board, Foldax, Inc.

Medical products executive with more than 30 years of experience, currently Executive Chairman of Foldax and a director at multiple medical device and technology companies. He has led and exited companies including MindFrame (acquired by Covidien) and Reshape Medical.

Peter Dowerah· Controller

Financial controller with more than 30 years in public accounting and private industry, including 20+ years in healthcare finance. He is a CPA certified in England and Wales and holds an MBA from Pittsburg State University.

Peter Kung· Chief Strategy Officer, MemorialCare

Chief Strategy Officer at MemorialCare leading enterprise strategy, business development, and growth. He previously held strategy and innovation leadership roles at Hospital Sisters Health System and SCL Health, and holds an MBA from UCLA Anderson.

Steven Beal· Senior Vice President and CIO, MemorialCare Health System

SVP and CIO of MemorialCare with over 35 years in technology and 28 years in healthcare IT, leading technology and digital strategy across the health system. He previously served as CIO of Talbert Medical Group and VP of Information Services at Medpartners.

What they invest in

from 15 of 21 portfolio companies

Healthtech ×14AI & Machine Learning ×8Digital Health ×8SaaS ×6Enterprise Software ×4Cybersecurity ×1Developer Tools ×1FemTech ×1

HQs:United States×10

Investments · 21 tracked

founders shown can be your intro path

By year:2018 · 1 2016 · 12 dated

Aventura HQ, Inc.Nov 2016SEC filingmedium confidence

Denver, US

Board seatBrant Heise· per SEC Form D · $1.8M raise · filed Dec 2016

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

AristaMDaristamd.comin 𝕏

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)Julia Jezmir(President and Chief Medical Officer)Brooke LeVasseur(Executive Officer, Director)Craig Cimini(Director)

BoardJohn Kuelper(Director)Tighe Reardon(Executive Officer, Director)

Arteraartera.ioin 𝕏

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

AI & Machine LearningHealthtechSaaSSanta Barbara, US

Asimilyasimily.comin 𝕏

Asimily provides a security platform for managing the full lifecycle of connected devices across IoT, IoMT, OT, and IT environments, with a focus on risk reduction and vulnerability prioritization.

CybersecurityHealthtechIoTSunnyvale, US

Michael Brown(Director)Brendan Baker(Director)Hank Barry(Executive Officer)Shankar Somasundaram(Founder & CEO)Hithesh Nama(Co-founder)

BoardJohn Dougery(Director)

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

Babyscriptsbabyscripts.comin 𝕏

Babyscripts provides remote patient monitoring and care management software for obstetric teams to identify maternal health risks during pregnancy and postpartum, serving health systems, private practices, and payers.

Digital HealthFemTechHealthtech

Bayesian Healthbayesianhealth.comin 𝕏

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

AI & Machine LearningDigital HealthHealthtechMedical Devices

Dr. Suchi Saria

Carta Healthcarecarta.healthcarein

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

AI & Machine LearningDigital HealthHealthtech

Betsy Castillo(Head of Clinical Data Abstraction)in

Censinetcensinet.comin

Healthcare cybersecurity and risk management (GRC) platform.

Boston, US

Foldaxfoldax.comin 𝕏

Company advancing product and clinical development in the medical device space.

Salt Lake City, US

Frank Maguire(Executive Officer, Director)George Wallace(Director)Morteza Gharib(Director)

BoardKen Charhut(Director)

Health Enterprise Partners Healthcare Private Equity Fundhepfund.comin

Healthcare North America Growth Stagecentivo.comin

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

LeanTaaSleantaas.comin 𝕏

Santa Clara, US

Mohan Giridharadas(Executive Officer, Director)Peter Willats(Director)John D. Durrett(Director)Ray Conley(Director)Brad Johnson(Director)

NeuroFlowneuroflow.comin 𝕏

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

Alan Wayne Tamarelli(Director)Christopher Molaro(Co-founder & CEO)Adam Pardes(Co-founder)

SpendRulespendrule.com

SpendRule is a contract intelligence platform that uses AI to validate purchased-services invoices against contract terms before payment, catching pricing mismatches, rebates, and tier-discount errors to prevent overpayments.

AI & Machine LearningHealthtechSaaS

Syllablesyllable.aiinAug 2018

Syllable AI builds a vendor-neutral platform and infrastructure for organizations to create, run, and optimize production AI agents, with tools for declarative agent configuration, multi-cloud orchestration, and observability.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareSunnyvale, US

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

Tyto Caretytocare.comin 𝕏

TytoCare provides remote physical examination solutions for clinicians to conduct virtual care from patients' homes or community sites using clinical-grade devices and FDA-cleared AI decision support.

AI & Machine LearningDigital HealthHealthtech

Vitalizevitalize.carein 𝕏

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

Wellistwellist.comin

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

Enterprise SoftwareHealthtechHR TechSaaS

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.

Portfolio news

latest coverage across their companies

Venture funding drops in Seattle area as AI boom reshapes startup world – GeekWire

Tyto Care · geekwire.com · Jul 13, 2026

Curative Raises $150 Million in Series B | Empathy Health Raises $7.6M | Artera Secures $65M | Healthcare IT Today

Artera · healthcareittoday.com · Dec 22, 2025

Frequently asked questions

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.

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