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OSF Ventures

Corporate VC

Peoria · Seed–Series A · 17 people tracked

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Investment thesis

OSF Ventures invests as part of an investment syndicate in companies at post-seed stages that align with OSF HealthCare's key objectives and innovation strategy. It focuses on healthcare solutions that improve patient outcomes, enhance patient experience and reduce the cost of care, and it prioritizes companies interested in collaborating with OSF HealthCare's clinicians and other professionals. Beyond capital, the firm positions its investment as a partnership, offering access to its innovation teams and clinical subject matter experts to help portfolio companies test and refine concepts, speed adoption and scale their impact.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Series A
HQ
Peoria, Illinois, US
Leads rounds
Follows
Instruments
Equity
Founded
2016
AUM
$250M
Tracked investments
38

Team · 17 people

from the firm's website & public directories
Ben Spektor· Director, Venture Investments

Serves as a Director of Venture Investments at OSF Ventures.

Liridon Rrushaj· Director, Venture Investments

Director of Venture Investments at OSF Ventures; holds an MBA.

Becky Buchen· Senior Vice President, Innovation and Transformation
Chris Franciskovich· Vice President, Advanced Analytics
Elizabeth Eaker· Project Assistant

Serves as a Project Assistant at OSF Ventures.

Jeremy Snell· Venture Analyst

Venture Analyst at OSF Ventures; holds a PhD.

John Vozenilek· Vice President, Chief Medical Officer, Innovation and Digital Health
Juli Plack· Vice President, Data and Analytics Services
Kelly George· Vice President, Performance Improvement
Kip McCoy· Vice President, OSF Innovation Studios
Mark Hohulin· Senior Vice President, Healthcare Analytics
Noël Adams· Vice President, Academic Collaborations and Simulation Operations
Roopa Foulger· Vice President, Digital Innovation Development

What they invest in

from 24 of 38 portfolio companies

Healthtech ×21Digital Health ×14AI & Machine Learning ×9Medical Devices ×9Biotech ×5Deep Tech ×3Data & Infrastructure ×2Enterprise Software ×2

HQs:United States×18

Investments · 38 tracked

founders shown can be your intro path

By year:2024 · 12022 · 12018 · 12017 · 12015 · 15 dated

Health Catalysthealthcatalyst.comin𝕏NASDAQ: HCAT

Health Catalyst provides data analytics, AI-powered insights, and healthcare solutions to help hospital systems and healthcare organizations improve clinical, financial, and operational outcomes.

AI & Machine LearningData & InfrastructureHealthtech

410 Medical410medical.comin𝕏

410 Medical makes LifeFlow, a hand-operated rapid infuser that lets clinicians quickly deliver blood or fluids to critically ill patients needing volume resuscitation.

HardwareHealthtechMedical DevicesDurham, US

Mark Donald Piehl(Executive Officer, Director)KYLE CHENET(Executive Officer, Director)Mike Liddell(Manager)Lukas Miller Roush(Manager)

BoardJEFF TERRELL(Director)STANLEY D. LYNALL(Director)

Arrayarraybc.comin

Array Behavioral Care delivers virtual psychiatry and therapy services integrated across hospital, outpatient, and community settings.

Digital HealthHealthtechMental Health

Ascensionventuresascensionventures.org
AVIAaviahealth.comin

AVIA operates a network and advisory platform for health systems, providing benchmarking, market intelligence, and peer collaboration to support their digital transformation and AI adoption.

Digital HealthHealthtechSaaS

BrightWateracquired by Merit Medical Systems

Provides treatment of biliary and urinary blockages, eliminating a second invasive procedure; acquired by Merit Medical Systems in June 2019.

Calacalahealth.comin

Cala Health develops non-invasive prescription therapies for movement disorders, starting with a treatment for hand tremor and essential tremor.

Deep TechDigital HealthHealthtechMedical DevicesSilicon Valley, US

Kate Rosenbluth, PhD(President & Chief Innovation Officer)Deanna Harshbarger(Chief Executive Officer)

CancerIQcanceriq.comin𝕏
Cardiosensecardiosense.comin𝕏Nov 2022

Cardiosense develops the CardioTag, a noninvasive point-of-care cardiac monitoring device that measures pulmonary capillary wedge pressure to enable early detection and management of worsening heart failure across emergency, inpatient, and outpatient settings.

AI & Machine LearningDigital HealthMedical DevicesChicago, US

Omer Tolga Inan(Director)Amit K. Gupta(Executive Officer, Director)Andrew Michael Carek(Executive Officer)

BoardJeff Terrell(Director)Daniel Gottlieb(Director)

CareSignalcaresignal.health
Current Healthacquired by Best Buy

Remote care management platform focused on early, preventive care; acquired by Best Buy in October 2021.

Digital Diagnosticsdigitaldiagnostics.comin
DotCom Therapydotcomtherapy.comin𝕏

HealthtechSpringfield, US

Colleen Kraft(Director)Sanaz Cordes(Executive Officer, Director)Rachel Robinson(Executive Officer, Director)

BoardMark Bakken(Director)

Endotronixendotronix.comin𝕏

Endotronix develops the Cordella PA Sensor and Heart Failure System, an FDA-approved implantable pulmonary artery sensor and remote monitoring platform for managing NYHA class III heart failure.

Digital HealthHealthtechMedical DevicesWoodridge, US

Jonathan Jonas(Director)Harry Rowland(Executive Officer, Director)Raymond S. Barrett, Jr.(Director)Anthony I Nunez(Executive Officer, Director)Sam R. Leno(Director)Leslie A. Saxon(Director)

Epitelepitel.com

Epitel develops REMI, a wireless EEG monitoring system with AI-powered seizure detection for use in healthcare facilities and ambulatory settings.

AI & Machine LearningHealthtechMedical DevicesSalt Lake City, US

Euphrates Vasculareuphratesvascular.comAug 2018

BiotechSt. Louis, US

Troy Long(Executive Officer)Jeffrey Blair(Director)Tim Blair(Executive Officer)Eric Moessinger(Director)Robert Mitchell(Director)Thomas Hillman(Director)

Exo Imagingexo.incin𝕏

Exo is a company backed by leading venture capital and corporate investors focused on innovative technologies, with particular emphasis on healthcare, bioelectronic medicines, materials science, and deep technology solutions.

AI & Machine LearningBiotechDeep TechHealthtechMedical Devices

Gaussacquired by Stryker

Software that digitally augments clinicians to improve diagnostic accuracy; acquired by Stryker in September 2021.

Gyantgyant.comin𝕏

Fabric unifies virtual and in-person care through technology for intake, triage, routing, and treatment, serving healthcare providers and patients.

AI & Machine LearningDigital HealthEnterprise SoftwareHealthtechSan Francisco, US

Aniq Rahman(Founder & CEO)

Hellocarehellocare.ai

hellocare.ai is an end-to-end virtual care delivery platform combining software, hardware, and AI to support virtual nursing, virtual sitting, telehealth, and remote patient monitoring.

AI & Machine LearningDigital HealthHealthtech

Humata Healthhumatahealth.comin𝕏

Humata provides an end-to-end platform to streamline prior authorization processes in healthcare, reducing delays and improving care access for patients.

AI & Machine LearningDigital HealthEnterprise SoftwareHealthtech

Jeremy Friese(Founder, MD)in

Inflammatixinflammatix.comin𝕏

Inflammatix develops host-response-based molecular diagnostics tests to identify acute infections and sepsis in emergency and critical care settings.

AI & Machine LearningBiotechHealthtechMedical DevicesBurlingame, US

Tim Sweeney(Co-Founder and CEO)Purvesh Khatri(Co-Founder and Chief Scientist)JONATHAN ROMANOWSKY(Executive Officer)KENNETH BAHK(Director)DAVID PERSING(Director)STEVEN TABLAK(Director)

Insight RXinsight-rx.comin𝕏
Leavittequityleavittequity.comin

Care Hospice is a regional hospice provider serving patients across the southern and eastern United States from more than 25 locations in 8 states.

Digital HealthHealthtech

Level Exlevel-ex.com

Creates industry-leading mobile and AR training software and games for physicians.

Osfhealthcareosfhealthcare.orgin

OSF HealthCare is a health care provider operating hospitals and clinics across Illinois and Michigan, offering services including cancer treatments such as proton therapy and brachytherapy, digital health through OSF OnCall, and clinical research.

Digital HealthHealthtech

Paradigm Diagnostics

BiotechPhoenix, US

Grace Colon(Director)Scott Morris(Executive Officer)David Neal(Executive Officer)David Mallery(Executive Officer, Director)Erin Curley(Director)Carey Ng(Director)

PatientWisdompatientwisdom.cominJul 2017

PatientWisdom (now part of NRC Health) provides a patient experience tool that integrates with electronic health records, surfacing patient preferences, goals, risks, and past-visit context to care teams via a MyView summary.

Digital HealthHealthtechSaaSNew Haven, US

Gregory Makoul(Executive Officer, Director)Matthew Storeygard(Director)Henry Schaffer(Executive Officer)Eric Langshur(Director)

Photonicarephotoni.carein𝕏

PhotoniCare develops OtoSight, an FDA-cleared optical coherence tomography device for non-invasive assessment and monitoring of middle ear infections in healthcare facilities.

Deep TechDigital HealthHealthtechMedical DevicesDurham, US

Ryan Shelton(CEO)Cary Vance(Executive Officer, Director)Gary Durack(Member of the Board of Directors)Stephen Boppart(CMO)

BoardPatrick Zeller(Director)Dale Grogan(Director)

Pieces

Applies AI to help health care providers make faster, informed decisions to improve patient outcomes.

Piecestechpiecestech.com

Pieces Technologies is a physician-led AI company whose cloud-hosted Pieces Intelligence Platform generates clinical documentation and summaries—such as progress notes, discharge summaries, and care plans—directly within the EHR to assist physicians, nurses, and case managers.

AI & Machine LearningDigital HealthHealthtechDallas, US

Ruben Amarasingham(CEO & Founder)

Respiratory MotionNov 2015

HealthtechWaltham, US

Jenny Freeman(Executive Officer, Director)Jaideep Mehta(Director)Kamen Bliznashki(Executive Officer)Svetlana Panasyuk(Executive Officer)Peter Aranow(Director)

ShiraTronicsshiratronics.cominSep 2024

ShiraTronics is a medical device company developing an implantable device to treat chronic migraine disease.

BiotechHardwareHealthtechMedical DevicesBrooklyn Park, US

Robert Binney(Executive Officer, Director)

BoardJoyce Erony(Director)Zack Scott(Director)Brad Vale(Director)Casey Tansey(Director)Mudit Jain(Executive Officer, Director)

SilverCloud Healthacquired by Amwell

Platform enabling providers, health plans and employers to deliver digital health and therapeutic care; acquired by Amwell in August 2021.

Socially Determinedsociallydetermined.comin𝕏

Socially Determined provides social risk analytics through its SocialScape platform, combining person- and community-level data to show healthcare organizations where non-clinical factors drive costs and poor outcomes.

Data & InfrastructureDigital HealthHealthtechWashington, US

Tailormedtailormed.coin

Medication access and affordability platform.

VIDA

Modernizes lung and respiratory care to improve outcomes and streamline care coordination.

Vida Lungvidalung.aiin𝕏

Exits · 5

IPOs and acquisitions across the tracked portfolio

Health CatalystNASDAQ: HCATBrightWateracq. by Merit Medical SystemsCurrent Healthacq. by Best BuyGaussacq. by StrykerSilverCloud Healthacq. by Amwell

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does OSF Ventures invest at?
OSF Ventures invests at the Seed, Series A stages.
What sectors does OSF Ventures focus on?
OSF Ventures focuses on Biotech, Digital Health, Healthtech, Medical Devices.
Where is OSF Ventures located?
OSF Ventures is headquartered in Peoria, US.
Does OSF Ventures lead rounds?
OSF Ventures typically participates in rounds rather than leading them.

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