About Kaiser Permanente Ventures
Kaiser Permanente Ventures is a venture capital firm founded in 1997. It is primarily based out of Oakland, United States. As of May 2026, Kaiser Permanente Ventures is an active investor, having invested in 83 companies, with 2 new investments in the last 12 months. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from Life Sciences to Enterprise Applications and HealthTech. Most recently it participated in the $***** Series E round of Garner Health Overall, Kaiser Permanente Ventures portfolio has seen 7 unicorns, 7 IPOs and 41 acquisitions including key companies like Omada, Abridge Inc and iRhythm Tech. A lot of funds co-invest with Kaiser Permanente Ventures, with names like Investor Growth Capital sharing a substantial percentage of its portfolio. Kaiser Permanente Ventures has team of 5 people including 2 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series B, Series A & 4 more
Portfolio Unicorns
Deals in last 12 months
Kaiser Permanente Ventures' List of Top Investments
Kaiser Permanente Ventures has a portfolio of 83 companies, including 7 unicorns. Their most notable investments are in Chrono Therapeutics and Transcend Medical.Their portfolio spans across United States, China, United Kingdom and 1 more locations. They have invested in Life Sciences, Enterprise Applications, HealthTech and 14 other sectors, across stages such as Series B, Series A and 4 more. Here is the list of top investments by Kaiser Permanente Ventures:
1. Omada
Provider of virtual care programs to manage chronic diseases. The company provides access to personal health coaches and specialists for virtual programs to deliver personalized interventions for prediabetes, diabetes, hypertension, and musculoskeletal issues.
Key facts about Omada
- Founded Year: 2011
- Location: San Francisco (United States)
- Annual Revenue: $100M - $500M as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $450M
- Employee Count: 992 as on Jul 31, 2026
- Investors: Carriage House Rock, Perceptive Advisors and 45 Others
- Latest Funding Round: Series E, Feb 23, 2022, $*****
- Highlight: Public
2. Abridge Inc
Provider of AI-based health record platform. It offers a platform offering solutions for individuals to record health details. The users can communicate with the doctors on the care needs and symptoms. The recorded conversation can be presented to the doctor during the appointment. The app highlights the important points during the conversation. The previous record can be maintained in the app for future reference.
Key facts about Abridge Inc
- Founded Year: 2018
- Location: Pittsburgh (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $778M
- Employee Count: 657 as on Jul 31, 2026
- Investors: CapitalG, VenCap International and 35 Others
- Latest Funding Round: Series E, Jun 12, 2025, $*****
- Highlight: Editors' Pick
3. iRhythm Tech
Provider of cloud-based cardiac rhythm monitoring devices. It provides Zio ambulatory ECG monitor a wearable patch designed to gather beat-to-beat heart data for the diagnosis of cardiac arrhythmias. The device stores data in the patch and is emailed to the iRhythm cloud at the end of the monitoring period. myZio iPhone app is an add-on for the Zio Patch for physicians to make a diagnosis.
Key facts about iRhythm Tech
- Founded Year: 2006
- Location: San Francisco (United States)
- Annual Revenue: $500M - $1B as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $98.9M
- Employee Count: 1,853 as on May 31, 2026
- Investors: Foresite Capital, UNC Kenan-Flagler Private Equity and 12 Others
- Latest Funding Round: Series E, May 22, 2014, $*****
- Highlight: Public
Cloud based platform offering data analytics solutions for healthcare organizations. It provides analytical products, services, and applications that include solutions such as population health management, patient injury prevention, operational efficiency, performance monitoring, and financial management. The company also designs, develops, and delivers multiple data warehouse software and processes to help hospitals manage operational, financial, clinical, and research data.
Key facts about Health Catalyst
- Founded Year: 2008
- Location: Salt Lake City (United States)
- Annual Revenue: $100M - $500M as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $392M
- Employee Count: 1,425 as on Jul 31, 2026
- Investors: HTIF, Allumia Ventures and 26 Others
- Latest Funding Round: Post IPO, Sep 08, 2020, $*****
- Highlight: Public
5. Headspace
Provider of mental health support services via application and human care. The company delivers personalized support through meditation, mindfulness, coaching, and therapy. It offers resources for stress management, sleep improvement, and mental well-being. The company also provides services to businesses, health plans, and organizations.
Key facts about Headspace
- Founded Year: 2010
- Location: Santa Monica (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $178M
- Employee Count: 1,559 as on Jul 31, 2026
- Investors: Allen & Company, Advance Venture Partners and 50 Others
- Latest Funding Round: Venture Debt, Jul 26, 2023, $*****
- Highlight: Editors' Pick
Kaiser Permanente Ventures' Year-on-Year Investment Trends
Kaiser Permanente Ventures has invested in 83 companies over the last 24 years, with an average of 3 new investments annually in the last 10 years. In 2025, it made 4 investments, while as of May 2026, it has made 2 investments in this year. Its most recent first time investment was in Garner Health and most recent follow-on round was in Garner Health.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 1 | 2 |
2025 | 2 | 2 | 4 |
2024 | 1 | 2 | 3 |
2023 | 2 | 4 | 6 |
2022 | 1 | 8 | 9 |
2021 | 4 | 6 | 10 |
2020 | 7 | 4 | 11 |
2019 | 3 | 4 | 7 |
2018 | 1 | 1 | 2 |
2017 | 2 | 0 | 2 |
Kaiser Permanente Ventures' Investments by Stage
Kaiser Permanente Ventures has made 26 investments in Series B stage with an average round size of $32.5M, 14 investments in Series A stage with an average round size of $15.3M and 13 investments in Series C stage with an average round size of $92.2M.Stage of entry | No. of Investments |
|---|---|
Series B | 26 |
Series A | 14 |
Series C | 13 |
Series D | 7 |
Series E | 4 |
Others | 2 |
Note: We have considered here, only first round of investments
Kaiser Permanente Ventures' Investments by Sector
Kaiser Permanente Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Life Sciences, HealthTech, High Tech and Vertical SaaS. Notably, it has invested in 68 Tech companies, 64 Enterprise (B2B) companies, 45 Software companies and at least 20 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 30 |
Life Sciences | 29 |
HealthTech | 28 |
High Tech | 15 |
Vertical SaaS | 9 |
Others | 36 |
Note: We have considered here, only first round of investments
Kaiser Permanente Ventures' Investments by Geography
Kaiser Permanente Ventures has made most investments in United States (63), followed by China where it has made 2 investments.Country | No. of Investments |
|---|---|
United States | 63 |
China | 2 |
Canada | 1 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Kaiser Permanente Ventures' recent investments
Kaiser Permanente Ventures has made 2 investments in 2026 so far - Garner Health and Garner Health.Here are the most recent investments by Kaiser Permanente Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 28, 2026 | United States | Series E | 5824 | [+5] | |
Feb 10, 2026 | United States | Series D | 1177 | [+4] | |
Sep 30, 2025 | United States | Series A | 1467 | ||
Jun 24, 2025 | United States | Series C | 5096 | ||
May 08, 2025 | United States | Series A | 3329 | [+4] |
Unicorns in Kaiser Permanente Ventures' Portfolio
Kaiser Permanente Ventures has 7 unicorns in its portfolio - Garner Health, Abridge Inc, IntelyCare and others. The most recent unicorn in their portfolio is Garner Health. It became a unicorn in 2026.Here is a list of unicorns in Kaiser Permanente Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
52 | Provider of data analytics platform for healthcare cost and quality | 2019 | New York | Series E | lptrroj | ||
78 | Provider of AI-based health record platform | 2018 | Pittsburgh | Series E | lqsiwju | ||
51 | Online contract workforce recruitment platform for nurses | 2016 | Quincy | Series C | ouf{ngk | ||
66 | Provider of a deep learning platform for detecting circulating cancer-related markers | 2014 | - | Series E | lkqcgca | ||
72 | Provider of mental health support services via application and human care | 2010 | Santa Monica | Series C | eskoxez |
IPOs and Publicly Listed companies in Kaiser Permanente Ventures' Portfolio
7 of Kaiser Permanente Ventures' portfolio companies have become public. Omada got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jun 2025 at marketcap of $1.06B and Pulmonx got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $645M.Here are Kaiser Permanente Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 06, 2025 | Jun 19, 2014 | Series B | 3252 | |
Oct 01, 2020 | - | - | 6813 | |
Jul 25, 2019 | Feb 08, 2013 | Series B | 7950 | |
Nov 14, 2018 | Aug 14, 2008 | Series E | 7419 | |
Oct 20, 2016 | Jan 25, 2012 | Series C | 1448 |
Acquired companies in Kaiser Permanente Ventures' Portfolio
41 companies from Kaiser Permanente Ventures' portfolio have been acquired. The most recent acquisition was Validic in Jun 2026 by ChartSpan for $*****.Here are Kaiser Permanente Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 22, 2026 | Apr 28, 2015 | Series B | 3864 | |
Dec 09, 2025 | - | - | 9961 | |
May 12, 2025 | Nov 12, 2020 | Series B | 5540 | |
Jan 09, 2025 | Jul 19, 2017 | Series A | 4409 | |
Oct 14, 2024 | Apr 06, 2023 | Series F | 5512 |
Team profile of Kaiser Permanente Ventures
Kaiser Permanente Ventures has a team of 5 members including 2 Partners and 1 Principal located in United States and Philippines. Kaiser Permanente Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in Kaiser Permanente Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Washington | - | - | |
Partner | Philippines | - | - | |
Principal | San Francisco | - | - |
Co-investors of Kaiser Permanente Ventures
Over the past 24 years, 598 investors have co-invested in Kaiser Permanente Ventures's portfolio companies. This includes funds and angels.
- Invested before Kaiser Permanente Ventures: HLM Venture Partners, New Enterprise Associates and 202 others have invested in rounds before Kaiser Permanente Ventures. There are 4 companies where HLM Venture Partners has invested before Kaiser Permanente Ventures and 3 companies where New Enterprise Associates has invested before Kaiser Permanente Ventures.
- Top Co-investors of Kaiser Permanente Ventures: 200 investors entered a company along with Kaiser Permanente Ventures. These include investors like Investor Growth Capital (4 companies).
- Invested after Kaiser Permanente Ventures: A total of 194 investors have invested in Kaiser Permanente Ventures's portfolio after their investments. Top Investors include Kaiser Permanente (4 companies), Cigna Ventures (3 companies) and California Health Care Foundation (3 companies).
Recent News related to Kaiser Permanente Ventures
•
Garner Health Secures $100M Series E Funding, Valued at Multi-Billion DollarsTipRanks•Jun 24, 2026•Garner Health, redPoint, Kleiner Perkins, Founders Fund and 4 others
•
Garner Health Lands $118M Series DMassinvestor•Feb 11, 2026•Kleiner Perkins, Garner Health, Maverick Ventures, Kaiser Permanente Ventures and 5 others
•
SureCo Raises $23M in Series A FundingFinSMEs•Sep 30, 2025•Health Velocity Capital, SureCo, Kaiser Permanente Ventures
•
Arine Secures $30M to Enhance Medication Management with AIHIT Consultant•Jun 24, 2025•Arine, Town Hall Ventures, Kaiser Permanente Ventures
•
Clarium Raises $27M Series A to Scale AI-Powered Supply Chain Resiliency Technology to Leading Health Systemsintelligence360•May 26, 2025•Clarium, Northzone, General Catalyst, AlleyCorp and 3 others
•
Kaiser Invests in AI Supply Chain Startup ClariumHealthcare Dive•May 15, 2025•Kaiser Permanente Ventures
•
Clarium Raises $27M in Series A Funding to Enhance AI-Driven Healthcare SolutionsHospital Management•May 09, 2025•Clarium, Northzone, General Catalyst, AlleyCorp and 1 other
•
Clarium Raises $27M to Bolster AI-Powered Healthcare Supply Chain PlatformSilicon Valley Journals•May 08, 2025•General Catalyst, AlleyCorp, Kaiser Permanente Ventures, TMC Venture Fund and 2 others
•
Kaiser backs virtual care startup in $65M roundBecker's Hospital Review•Sep 05, 2024•Kaiser Permanente Ventures
•
Vesta Healthcare: Virtual Care Provider For Those With Home Care Raises $65 Million (Series C)Pulse 2.0•Sep 04, 2024•Vesta Healthcare, RA Capital Management, Oak HC/FT, Chrysalis Ventures and 10 others
