Healthcare Innovation January 16, 2025
Providence commits $150 million toward renamed Allumia Ventures’ third fund
Renton, Wash.-based health system Providence has spun out its venture capital arm, known as Providence Ventures. The newly independent firm has been renamed Alumia Ventures, following a first close of its third fund.
Providence Ventures was formed in 2015 and originally managing funds exclusively for Providence, one of the largest health systems in the United States. Allumia has since expanded its scope to include partnerships with other healthcare organizations.
Allumia said it manages a portfolio that includes 28 investments and 10 successful exits....
Today's Sponsors
Today's Sponsor