
Kaiser Permanente Ventures
Description
Kaiser Permanente Ventures (KPV) is the corporate venture capital arm of Kaiser Permanente, one of the largest integrated healthcare providers in the United States. Established over two decades ago, KPV operates with a strategic mandate to invest in companies that align with Kaiser Permanente's mission to improve healthcare quality, accessibility, and affordability. The firm leverages its parent organization's vast clinical expertise, operational insights, and market reach to identify and support innovative solutions across the healthcare ecosystem.
KPV primarily focuses on early to growth-stage companies, typically participating in Series A, B, and C rounds. Their investment thesis spans a wide array of healthcare sectors, including digital health, health information technology, medical devices, diagnostics, healthcare services, and biotechnology. KPV seeks out companies that offer disruptive technologies or business models capable of enhancing patient care, streamlining operations, or addressing critical health challenges. Their portfolio reflects a commitment to fostering advancements in areas like chronic disease management, population health, virtual care, and precision medicine.
Beyond capital, Kaiser Permanente Ventures provides significant strategic value to its portfolio companies. This includes potential access to Kaiser Permanente's extensive network, which serves over 12.7 million members across eight states and the District of Columbia. Portfolio companies may benefit from opportunities to pilot solutions within Kaiser Permanente's clinical settings, gain insights from its vast data resources, and explore potential commercial partnerships. KPV's initial investments typically range from $3 million to $12 million, reflecting their commitment to being a meaningful partner in early and growth-stage financings. With a track record of investing in over 100 companies, KPV plays a crucial role in shaping the future of healthcare through strategic innovation and collaboration.
Investor Profile
Kaiser Permanente Ventures has backed more than 115 startups, with 2 new investments in the last 12 months alone. The firm has led 17 rounds, about 15% of its total and boasts 31 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series C, Series B, Series Unknown rounds (top funding stages).
- Majority of deals are located in United States, United Kingdom, China.
- Strong thematic focus on Health Care, Medical Device, Medical.
- Typical check size: $3M – $12M.
Stage Focus
- Series C (27%)
- Series B (27%)
- Series Unknown (13%)
- Series D (12%)
- Series A (9%)
- Series E (6%)
- Private Equity (3%)
- Series F (2%)
- Seed (1%)
- Debt Financing (1%)
Country Focus
- United States (97%)
- United Kingdom (2%)
- China (1%)
Industry Focus
- Health Care
- Medical Device
- Medical
- Biotechnology
- Software
- Health Diagnostics
- Information Technology
- Manufacturing
- Therapeutics
- Wellness
Frequently Asked Questions
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