At a Glance
Ascension Ventures is the strategic venture capital arm of Ascension, one of the largest non-profit health systems in the United States. Founded in 2001 and based in St. Louis, Missouri, the firm focuses exclusively on healthcare technology and services investments. As the venture arm of a major healthcare provider, Ascension Ventures brings unique insights into healthcare delivery challenges and opportunities for innovation.
The firm typically invests in early to growth-stage companies that are developing solutions to improve patient care, reduce costs, and enhance healthcare delivery efficiency. Their investment focus areas include digital health, healthcare IT, medical devices, and healthcare services. Ascension Ventures leverages its parent organization's extensive healthcare network to provide portfolio companies with strategic partnerships, pilot opportunities, and real-world validation of their solutions.
With access to Ascension's 150+ hospitals and 2,600+ care sites across 19 states, the venture arm offers portfolio companies unparalleled opportunities for commercial validation and scale. The firm's healthcare-focused expertise and strategic resources make it a sought-after investor for healthcare technology entrepreneurs looking to navigate the complex healthcare landscape.
“Strategic venture capital arm of Ascension health system focusing on healthcare innovation and digital health solutions.”
Ascension Ventures primarily invests at the Pre-Seed, Seed, Series A, Series B+ stages. This means they focus on companies that are at the earliest idea or prototype phase.
Ascension Ventures is headquartered in St. Louis, MO. Many of their portfolio companies are also based in this region, though they invest across geographies.
Ascension Ventures focuses on investments in Aerospace & Defense, Digital Health, Other, Consumer, Fintech. Their portfolio reflects deep expertise and networks within these sectors.
Ascension Ventures's typical investment check size ranges from $. to $.. Actual amounts may vary based on the stage, sector, and specific opportunity.
Ascension Ventures manages approximately $4B in assets under management (AUM) across their funds.
