MemorialCare Innovation Fund
Strategic investment arm of MemorialCare Health System, investing in early- to mid-stage healthcare technology, services, and medical devices.
About
MemorialCare Innovation Fund (MCIF) is the strategic investment arm of MemorialCare Health System, a non-profit integrated healthcare delivery system. MCIF invests in privately held, early- to mid-stage companies across healthcare information technology, healthcare services, and medical devices. The fund's core model ties capital deployment directly to operational collaboration, providing portfolio companies access to MemorialCare's clinical leadership, IT infrastructure, and physician network to pilot and refine products.
Key facts
- Website
- memorialcareinnovationfund.com
- Type
- Corporate VC
- Headquarters
- Long Beach, United States
- Portfolio companies
- 1
- Stages
- Series ESeedSeries ASeries BSeries C
- Cheque size
- $49M to $49M
- Sector focus
- Healthcare Information TechnologyHealthcare ServicesMedical DevicesInformation TechnologyPharmaceuticals
Recent investments
| Date | Company | Round | Amount |
|---|---|---|---|
| 4 Aug 2023 | TytoCare | Series E | $49M |
| 4 Mar 2021 | TytoCare | Series D | $50M |
| 31 Mar 2020 | TytoCare | Series D | $50M |
| 31 Dec 2018 | TytoCare | Series C | $9M |
| 31 Dec 2017 | TytoCare | Series C | $27M |
| 30 Jun 2015 | TytoCare | Series B | $12M |
| 28 Feb 2014 | TytoCare | Series A | $7M |
| 30 Jun 2012 | TytoCare | Seed | $2M |
Test your Ahrefs DR
The backlink strength of a domain, on the Ahrefs 0 to 100 scale. About a minute.
Frequently asked
What companies has MemorialCare Innovation Fund invested in?
MemorialCare Innovation Fund has invested in TytoCare.
SEC filings, insider activity, nonprofit links and pay benchmarks for MemorialCare Innovation Fund:
