Description:Ascension Ventures (AV) is dedicated to accelerating innovation through strategic investments in companies operating at various stages, from early to late development, specifically within three key healthcare sectors: services, technology, and medical devices. The firm manages over $1 billion across five funds and operates on behalf of 450 prominent hospitals located across the United States.
With a robust network of 13 health system limited partners (LPs), who collectively represent more than 580,000 employees and generate an impressive $96 billion in annual revenue, Ascension Ventures plays a pivotal role in the healthcare investment landscape. Since its inception in 2001, AV has introduced a pioneering ecosystem investment model that integrates a strategic perspective into purposeful investing. This innovative approach enables the firm to identify and partner with organizations in a meaningful manner, ultimately leading to investments in transformative healthcare solutions.
Ascension Ventures possesses a deep understanding of the operational contexts and needs of its partner organizations. The team actively seeks to forge connections within the healthcare community, driven by a singular aim: to make intelligent investments that enhance healthcare outcomes. To date, the firm has invested in nearly 80 companies and has played a significant role in facilitating thousands of conversations between innovative idea generators and health system executives.
With a strong commitment to identifying and funding genuine solutions to pressing challenges within the healthcare sector, Ascension Ventures remains a key player in advancing healthcare innovation. For more information, visit www.ascensionventures.org.