MemorialCare

MemorialCare is a nonprofit integrated delivery system that operates hospitals, medical groups, outpatient health centers, imaging centers, and surgery centers throughout Southern California. The organization is committed to providing high-quality healthcare by implementing best practice medicine, resulting in outcomes that often surpass state and national averages. Additionally, MemorialCare oversees the MemorialCare Innovation Fund, which focuses on strategic investments in early to mid-stage companies in healthcare services and technology. This fund seeks to foster collaborations that enhance the development of innovative medical devices and healthcare solutions, thereby strengthening MemorialCare's position as a leading healthcare provider. By leveraging its extensive healthcare expertise and resources, MemorialCare aims to create value for both its patients and its strategic partners.

Peter Dowerah

Administrative Director

Brant Heise

Managing Director

20 past transactions

Asimily

Venture Round in 2022
Asimily, Inc. develops a vertical specific distributed analytics software solution. The company offers healthcare specific management platform with non-invasive information technology and risk management for medical devices and vendors. The company's product portfolio of functionality includes managing the system of devices, helps predict the device posture across security and operational use cases, and ensures devices behave as expected. Asimily, Inc. was formerly known as Assimily, Inc. The company was incorporated in 2017 and is headquartered in Sunnyvale, California.

Xealth

Series B in 2021
Xealth Inc. operates a digital health prescribing platform designed to enhance the integration and management of digital health tools within healthcare systems. Founded in 2016 and based in Seattle, Washington, the platform allows clinicians to prescribe and monitor digital health solutions directly from electronic health records (EHR) workflows. This capability enables care teams to identify appropriate digital tools for patients, which can be sent to their smartphones or desktops for easy access. Additionally, Xealth supports patient education and offers services such as ride shares and food delivery. The platform facilitates monitoring of patient engagement, providing insights into the effectiveness of these digital interventions. Originally spun out of Providence St. Joseph Health in 2017, Xealth has attracted investments from various healthcare-focused entities, including McKesson Ventures and Novartis.

Babyscripts

Series B in 2021
Babyscripts is a digital health platform focused on enhancing prenatal and postpartum care through a virtual approach. Designed to strengthen the relationship between patients and healthcare providers, it offers a mobile app that guides expectant mothers through their pregnancy journey with tasks related to nutrition, exercise, and other relevant behaviors. Upon enrollment by their OBGYN, patients receive a Mommy Kit, which includes internet-enabled devices such as a weight scale and blood pressure cuff. This setup allows mothers to monitor their health at home while staying connected with their healthcare providers. The app automatically captures health readings and compliance data, facilitating real-time feedback and intervention. Babyscripts collaborates with major health systems to improve care for high-risk pregnancies, continuously refining its offerings to reach more expecting mothers and address critical issues such as maternal mortality.

Protenus

Series D in 2021
The Protenus healthcare compliance analytics platform uses artificial intelligence to audit every access to patient records for the nation’s leading health systems. Providing healthcare leaders full insight into how health data is being used, and alerting compliance teams to policy violations, Protenus helps our partner hospitals make decisions about how to better protect their data, their patients, and their institutions. Learn more at Protenus.com and follow us on Twitter @Protenus.

Foldax

Series D in 2020
Foldax, Inc. is a company based in Salt Lake City, Utah, specializing in the design and manufacture of heart valves for individuals suffering from aortic, mitral, or tricuspid valve disease. Founded in 2013, Foldax focuses on developing synthetic heart valves that aim to be non-thrombogenic, providing a cost-effective alternative to existing artificial or tissue valves. The company offers its Tria biopolymer heart valves, which can be implanted either percutaneously or surgically, thereby addressing critical needs in cardiac care.

SilverCloud Health

Series B in 2020
SilverCloud Health develops an online platform that delivers tailored therapeutic solutions through evidence-based digital therapies. Founded in 2011 and headquartered in Boston, Massachusetts, with additional offices in Dublin, Ireland, and London, United Kingdom, the company serves the healthcare, medical, and pharmaceutical sectors. The SilverCloud platform enables users to provide immediate access to professional support, resulting in significantly increased patient engagement and reduced program dropout rates compared to leading online therapeutic products. By offering innovative health and wellness solutions, SilverCloud Health aims to enhance the accessibility and effectiveness of mental health care.

AristaMD

Series B in 2020
AristaMD, Inc. is a digital health company based in La Jolla, California, founded in 2013. The company specializes in enhancing the specialty referral process through its electronic consultation platform, which allows primary care providers to conduct eConsults with specialists. This platform includes clinical workup checklists and facilitates the secure transmission of patient clinical notes, history, lab results, and images, enabling collaborative care planning. By connecting primary care physicians with board-certified specialists, AristaMD aims to improve patient access to specialty care, reduce referral wait times, and minimize unnecessary in-person visits.

Laudio

Series A in 2019
Laudio LLC operates a SaaS based platform for healthcare leadership and staff relationship management. The product uses artificial intelligence and predictive science to provide management suggestions to mangers. The product can be used by managers to make frequent and timely interactions with staff members by digitizing workflows to save time. Laudio LLC was founded in 2017 and is based in Boston, Massachusetts.

Twistle

Series A in 2019
Twistle, Inc. is a healthcare technology company that provides a patient engagement platform designed to enhance communication between healthcare providers and patients. The platform automates proactive conversations and streamlines care pathways, enabling clinical teams to efficiently monitor patient progress and facilitate follow-up actions only when necessary. By integrating with electronic health records (EHRs) and utilizing predictive analytics, Twistle's platform allows for the creation and deployment of surveys that collect patient data, enabling timely responses to patient concerns. The company aims to improve patient outcomes, reduce morbidity and readmission rates, and lower healthcare costs through its innovative solutions. Founded in 2010 and headquartered in Albuquerque, New Mexico, Twistle serves as a vital tool for healthcare providers to support patients on their recovery journeys.

Xealth

Series A in 2019
Xealth Inc. operates a digital health prescribing platform designed to enhance the integration and management of digital health tools within healthcare systems. Founded in 2016 and based in Seattle, Washington, the platform allows clinicians to prescribe and monitor digital health solutions directly from electronic health records (EHR) workflows. This capability enables care teams to identify appropriate digital tools for patients, which can be sent to their smartphones or desktops for easy access. Additionally, Xealth supports patient education and offers services such as ride shares and food delivery. The platform facilitates monitoring of patient engagement, providing insights into the effectiveness of these digital interventions. Originally spun out of Providence St. Joseph Health in 2017, Xealth has attracted investments from various healthcare-focused entities, including McKesson Ventures and Novartis.

Phynd Technologies

Series B in 2019
Since 2013, Phynd has been on a mission to simplify provider data management for healthcare systems. Phynd 360 is an innovative provider data management platform that serves as the central hub for your providers. Phynd optimizes provider data – people, places and services – for use in EHR, Marketing and Claims systems via platform tools which offer provider enrollment, management, outreach and search across the enterprise. Today, over 350 hospitals and 20,000+ locations across the U.S utilize the Phynd 360 Provider Platform to maintain a single, centralized hub of all provider data. For more information, visit www.Phynd.com.

PerfectServe

Series D in 2015
PerfectServe, Inc. is a healthcare technology company based in Knoxville, Tennessee, that specializes in secure communication and collaboration solutions for healthcare providers across the United States. Founded in 1999, the company has developed a platform that includes various services such as clinical communication, provider scheduling, nurse communication, and medical answering services. PerfectServe's offerings, including PerfectServe Synchrony, enable seamless interaction among physicians, nurses, and other care team members, facilitating efficient patient care. The company has experienced significant growth, serving over 130 markets and facilitating tens of thousands of daily interactions between healthcare clients and approximately 12 million patients. Its solutions are designed to improve the accuracy, reliability, and control that medical professionals have over their communication processes.

Aventura Software

Series C in 2015
Aventura intelligently orchestrates assets, people, and systems to deliver the right information at the right time based on location and credentials. It locates and re-assigns the closest online printer and uniquely manages print routing to make it easier to detect and fix printing failures. Aventura was formed in 2007 and headquartered in Denver, Colorado.

Ivantis

Series B in 2014
Ivantis Inc. is dedicated to developing innovative treatments for primary open angle glaucoma, a condition affecting over 60 million people globally. The company has created an intracanalicular scaffold or implantable device designed to alleviate high intraocular pressure in patients, offering a less invasive and more effective therapeutic option. Founded in 2007 and based in Irvine, California, Ivantis also provides a Session Persistence Server, which safeguards telnet task workers against data loss due to network issues and ensures terminal emulation users maintain productivity across various devices and operating systems. As Ivantis advances its glaucoma treatment solutions, it aims to expand its focus to other debilitating ophthalmic diseases. The company primarily serves ophthalmology specialists in the United States, providing its solutions for use in clinical trials.

Ivantis

Series B in 2014
Ivantis Inc. is dedicated to developing innovative treatments for primary open angle glaucoma, a condition affecting over 60 million people globally. The company has created an intracanalicular scaffold or implantable device designed to alleviate high intraocular pressure in patients, offering a less invasive and more effective therapeutic option. Founded in 2007 and based in Irvine, California, Ivantis also provides a Session Persistence Server, which safeguards telnet task workers against data loss due to network issues and ensures terminal emulation users maintain productivity across various devices and operating systems. As Ivantis advances its glaucoma treatment solutions, it aims to expand its focus to other debilitating ophthalmic diseases. The company primarily serves ophthalmology specialists in the United States, providing its solutions for use in clinical trials.

Aventura Software

Series B in 2013
Aventura intelligently orchestrates assets, people, and systems to deliver the right information at the right time based on location and credentials. It locates and re-assigns the closest online printer and uniquely manages print routing to make it easier to detect and fix printing failures. Aventura was formed in 2007 and headquartered in Denver, Colorado.

TyRx

Venture Round in 2013
TyRx engages in the design, development, and commercialization of resorbable polymeric biomaterials. It offers PIVIT CRM, a mesh based pouch, which contains antibacterial agents to help provide protection from microbial colonization of the generator or defibrillator during and immediately after surgical implant. The company also provides AIGISRx Flat, an antibacterial product that provides protection against infections associated with implanted pacemakers and defibrillators. TyRx Pharma, Inc. was formerly known as Advanced Materials Design, LLC. The company was founded in 1997 and is based in Monmouth Junction, New Jersey.

Health Care DataWorks

Venture Round in 2013
Health Care DataWorks is a provider of business intelligence solutions, empowers healthcare organizations to improve their quality of care and reduce costs. Through its pioneering KnowledgeEdge™ product suite, including its enterprise data model, analytic dashboards, applications and reports, Health Care DataWorks delivers an Enterprise Data Warehouse necessary for hospitals and health systems to effectively and efficiently gain deeper insights into their operations. The Enterprise Data Warehouse developed by Health Care DataWorks includes a unified data model and bundled software, hardware and support that can be implemented at a fraction of the cost and time it would take hospital systems to build their own. The benefit to hospitals and health systems of all sizes is they are provided with a broad and seamless view of financial, administrative, clinical and research data for easy analysis and timely decision making. When hospital and health systems implement the Health Care DataWorks KnowledgeEdge Enterprise, they can make better business decisions, improve patient care and enhance their operating efficiency.

Ivantis

Series B in 2013
Ivantis Inc. is dedicated to developing innovative treatments for primary open angle glaucoma, a condition affecting over 60 million people globally. The company has created an intracanalicular scaffold or implantable device designed to alleviate high intraocular pressure in patients, offering a less invasive and more effective therapeutic option. Founded in 2007 and based in Irvine, California, Ivantis also provides a Session Persistence Server, which safeguards telnet task workers against data loss due to network issues and ensures terminal emulation users maintain productivity across various devices and operating systems. As Ivantis advances its glaucoma treatment solutions, it aims to expand its focus to other debilitating ophthalmic diseases. The company primarily serves ophthalmology specialists in the United States, providing its solutions for use in clinical trials.
Nautilus Healthcare Management Group is a hospital & health care company providing practice management services.