MemorialCare Innovation Fund

company

About

MCIF provides strategic investment funding to privately held healthcare companies offering innovative products, services and technologies.

  • 10001 - max

Highlights

Details

Industries
Health Care,Information Technology
Founded date
Jan 1, 1993
Number Of Employee
10001 - max
Operating Status
Active
Investor Type
MVC

MemorialCare Innovation Fund (MCIF) is a strategic investment vehicle associated with the MemorialCare Health System. MCIF makes private equity investments in companies interested in developing a synergistic relationship with the system's five medical centers and affiliated physicians. Investments typically include early to mid-stage companies focused on medical devices, healthcare information technology or healthcare services.

MCIF makes strategic investments in companies with the most innovative products, services and technologies. By seeking to facilitate collaboration between its strategic partners and the MemorialCare Health System, MCIF can provide a valuable gateway for companies to develop and refine their products. In doing so, MCIF supports MemorialCare’s position as a leading integrated healthcare delivery system.

For MCIF, a company's strategic relationship and involvement with MemorialCare is as important as the investment opportunity. MCIF provides emerging companies a powerful potential for value creation. This comes from an extensive pool of healthcare talent, experience, knowledge and opportunity available through access to the MemorialCare Health System.

Investments

Number of Investments
Number of Lead Investments
1
0
MemorialCare Innovation Fund has made 1 investments. Their most recent investment was on Jun 15, 2021, when Protenus raised $21M.
Date Company Name
Round Money Raised Industry Lead Investor
Jun 15, 2021 Protenus
Series D $21M Analytics