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Mayo Clinic Ventures

North America, Minnesota, United States, Rochester

Description

Mayo Clinic Ventures serves as the dedicated venture capital arm of the world-renowned Mayo Clinic, strategically investing in innovative healthcare companies. Established to advance the commercialization of new technologies and solutions, its primary mission aligns with Mayo Clinic's commitment to patient care, research, and education. The fund seeks to identify and support ventures that have the potential to significantly impact healthcare delivery, improve patient outcomes, and generate financial returns that can be reinvested into Mayo Clinic's core operations.

The firm's investment focus spans a broad spectrum of healthcare innovation, including digital health, medical devices, diagnostics, therapeutics, and healthcare IT. Mayo Clinic Ventures typically targets early-stage to growth-stage companies, participating in rounds from seed to Series C. Beyond providing capital, a key differentiator is the strategic value-add it offers portfolio companies, granting them unparalleled access to Mayo Clinic's vast clinical expertise, research infrastructure, and patient populations. This unique ecosystem allows startups to validate their technologies, conduct clinical trials, and gain invaluable insights from leading medical professionals.

With a robust portfolio comprising over 100 investments, Mayo Clinic Ventures has established itself as a significant player in the healthcare venture landscape. Their typical initial investment ranges from approximately $500,000 to $5 million, reflecting their commitment to fostering promising ventures from their foundational stages. This strategic approach not only aims to accelerate the development of groundbreaking medical innovations but also ensures that Mayo Clinic remains at the forefront of transforming healthcare for the benefit of patients worldwide.

Investor Profile

Mayo Clinic Ventures has backed more than 40 startups, with 2 new investments in the last 12 months alone. The firm has led 11 rounds, about 28% of its total and boasts 3 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series A, Series C rounds (top funding stages).
  • Majority of deals are located in United States, Ireland, Israel.
  • Strong thematic focus on Health Care, Biotechnology, Medical Device.
  • Typical check size: $500K – $5M.

Stage Focus

  • Series B (23%)
  • Series A (23%)
  • Series C (18%)
  • Seed (18%)
  • Series Unknown (10%)
  • Series E (3%)
  • Series D (3%)
  • Convertible Note (3%)
  • Pre Seed (3%)

Country Focus

  • United States (90%)
  • Ireland (5%)
  • Israel (3%)
  • China (3%)

Industry Focus

  • Health Care
  • Biotechnology
  • Medical Device
  • Therapeutics
  • Medical
  • Health Diagnostics
  • Software
  • Artificial Intelligence (Ai)
  • Life Science
  • Genetics
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Mayo Clinic Ventures frequently co-invest with?

Baillie Gifford
Europe, Edinburgh, City of, United Kingdom, Edinburgh
Co-Investments: 2
nference
North America, Massachusetts, United States, Cambridge
Co-Investments: 2
M
North America, California, United States, San Francisco
Co-Investments: 5
Accuitive Medical Ventures
North America, Georgia, United States, Duluth
Co-Investments: 3
Canaan Partners
North America, California, United States, Menlo Park
Co-Investments: 3
Sanderling Ventures
North America, California, United States, San Mateo
Co-Investments: 6
MC
North America, Massachusetts, United States, Waltham
Co-Investments: 5
NTT Venture Capital
North America, California, United States, Menlo Park
Co-Investments: 5
Thomas, McNerney & Partners
North America, Connecticut, United States, Stamford
Co-Investments: 4
ARCH Venture Partners
North America, Illinois, United States, Chicago
Co-Investments: 2

Which angels does Mayo Clinic Ventures often collaborate with?

JD
North America, California, United States, Menlo Park
Shared Deals: 1
CB
North America, Massachusetts, United States, Boston
Shared Deals: 1

What are some of recent deals done by Mayo Clinic Ventures?

Anumana

Cambridge, Massachusetts, United States

Anumana develops AI-driven ECG algorithms for early cardiovascular diagnosis and care.

Artificial Intelligence (AI)Health CareHealth DiagnosticsMedical Device
Series CApr 24, 2025
Myosin Therapeutics

Jupiter, Florida, United States

Myosin Therapeutics is a privately-held biopharmaceutical company developing novel medications for CNS-based disorders.

BiotechnologyHealth CareTherapeutics
SeedFeb 26, 2025
Amount Raised: $3,000,000
JOGO Health

Old Bridge, New Jersey, United States

JOGO Health is a Medtech company that uses wearable sensors and AI to treat pain and neuromuscular conditions.

Artificial Intelligence (AI)BiotechnologyHealth CareTherapeutics
Series UnknownJun 18, 2024
Amount Raised: $5,500,000
AccuLine

Petah Tiqva, HaMerkaz, Israel

Preventing the next heart attack

Artificial Intelligence (AI)Health CareHealth DiagnosticsMachine LearningMedical Device
SeedMay 1, 2024
Amount Raised: $3,500,000
Qlaris Bio

Wellesley, Massachusetts, United States

Qlaris Bio focuses on developing first-in-class therapies for serious and debilitating ophthalmic diseases.

BiotechnologyHealth CareMedical
Series BApr 30, 2024
Amount Raised: $24,000,000
The Patient Company

Grand Rapids, Michigan, United States

Patient Company provides clinical staff members with an automated lateral patient transfer device.

Health CareMedicalMedical Device
Convertible NoteJan 1, 2022
Amount Raised: $1,000,000
Tympany Medical

Galway, Galway, Ireland

Tympany Medical is an innovative MedTech Start Up based in Galway, Ireland.

Health CareMedical Device
SeedNov 22, 2021
Amount Raised: $3,934,525
JOGO Health

Old Bridge, New Jersey, United States

JOGO Health is a Medtech company that uses wearable sensors and AI to treat pain and neuromuscular conditions.

Artificial Intelligence (AI)BiotechnologyHealth CareTherapeutics
Series AAug 30, 2021
Amount Raised: $4,630,000
R-Zero

South Salt Lake, Utah, United States

R-Zero is a biosafety technology company dedicated to making shared indoor environments safer, healthier, and more productive.

HardwareInternet of ThingsSmart BuildingSoftwareSustainability
Series BJun 16, 2021
Amount Raised: $50,000,000
Helix

San Mateo, California, United States

Helix is a population genomics company that is working to advance genomics research and integrate genomic data into clinical care.

Big DataBioinformaticsBiotechnologyBlockchainCryptocurrencyFinTechGeneticsHealth CarePersonal Health
Series CJun 3, 2021
Amount Raised: $50,000,000