Ascension Ventures

Ascension Ventures is a strategic healthcare venture fund with more than $800 million in capital under management. Our limited partners are some of the most respected, values-driven nonprofit healthcare systems in the US. As a strategic investor, Ascension Ventures adds value by sharing its portfolio companies' solutions across its limited partner base. The work we do at Ascension Ventures generates returns to our limited partners that help support their missions to provide care to the poor and vulnerable. Investment Criteria Our diligence process leverages the intellectual resources and insight of professionals across our limited partner base. In addition to financial return, opportunities are evaluated for fit with strategic priorities of our limited partner health systems and potential to improve clinical outcomes, reduce costs, and/or enhance the experience of patients, families, and caregivers. -Industry Venture and growth equity investments in healthcare information technology and services, and medical devices and diagnostics. -Investment Size Up to $10 million per round and $15 million per company. -Company Stage Early- to late-stage within three to five years of a potential liquidating event. -Adoption Potential Sustainable competitive advantage with compelling benefits sufficient to influence market adoption. -Management Team Established team with demonstrated relevant experience, depth, and capability to build the business to scale and attract customers.