# Headwater Ventures: portfolio, investments and team > Headwater Ventures is a vc firm based in United States. 2 investments on record, 1 in the last 12 months, latest May 2026. Source: https://millionrounds.com/fund/headwater-ventures (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Headwater Ventures Last cheque observed May 2026; 2 cheques on record. Email Deploying now New fund $11M, Jun 2026 VC firm Pre-seed Seed Series A Biomarker Med Device Medical Devices Follow Headwater Ventures and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fheadwater-ventures) Deploying now **100%** of best year **1** **cheques in 12 months**, 2 on record Since the last cheque **171** days **00** hrs **00** min **00** sec Median round **$9.1M** Rounds led **0 of 2** Pitch Headwater Ventures ## Headwater Ventures highlights - 01 1 cheques in the last 12 months - 02 Mostly Pre-seed and Series A: 100% of its rounds ## What they do > Headwater backs preseed and seed teams building the infrastructure and intelligence that make care administratively simpler, clinically safer, and financially legible. From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Pre-seed Seed Series A Series B - **Sectors:** Biomarker Med Device Medical Devices - **Based in:** Minneapolis, United States - **Cold pitches:** Not accepted ## The record Every round we can evidence, newest first **2 appearances** - **2026** 1 round - **May** **[Saile](https://millionrounds.com/company/saile)** Pre-seed · US · Crunchbase News **$2.2M** With 1 other - **2024** 1 round - **Sept** **[Ferrum Health](https://millionrounds.com/company/ferrum-health)** Series A · US · Foundry Group **$16M** With 6 others An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **3 named** JN **Jeremy Neilson** Managing Director of the Issuer's Manager i Filing they signed MM **Matt Miller** Manager of the General Partner i Filing they signed RT **Richard Thoms** Officer of the Issuer's Manager i Filing they signed We also hold **3** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What they claim to have backed From their own portfolio page (on their website) **20** of 54 we have independently watched raise [Cured](https://millionrounds.com/company/cured)[Develop Health](https://millionrounds.com/company/develop-health)[Elion](https://millionrounds.com/company/elion)[Ferrum Health](https://millionrounds.com/company/ferrum-health)[Fincura](https://millionrounds.com/company/fincura)[Gather Health](https://millionrounds.com/company/gather-health)[Glass Health](https://millionrounds.com/company/glass-health)[Koda Health](https://millionrounds.com/company/koda-health)[Medzoomer](https://millionrounds.com/company/medzoomer)[Mirza](https://millionrounds.com/company/mirza)[Nice Healthcare](https://millionrounds.com/company/nice-healthcare)[OneImaging](https://millionrounds.com/company/oneimaging)[Pair Team](https://millionrounds.com/company/pair-team)[Photon Health](https://millionrounds.com/company/photon-health)[Piction Health](https://millionrounds.com/company/piction-health)[Radical Health](https://millionrounds.com/company/radical-health)[Rezilient Health](https://millionrounds.com/company/rezilient-health)[Saile](https://millionrounds.com/company/saile)[Switchboard Health](https://millionrounds.com/company/switchboard-health)[TrueClaim](https://millionrounds.com/company/trueclaim) 2024 CAQH Index 2025 KFF Employer 2025 final guidance Anchor Andy AI As of August Automate Clinic Bridge CMS reports Credo Health Defiant Health Dune Health Felt Clinic Gratia Health HHS Office of Helm Joint Commission's responsible-use Josi Health MedPAC reported NIST AI Risk Orbit OutcomesAI Pops PromptWell Pubmed Reema Sciencedirect Sophont AI Tembo Health USCDI Version 6 Vector Health Volta Health study's central lesson test method Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded. New fund on file **$11M** raised in Jun 2026 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Pre-seed Seed Series A Median round joined **$9.1M** the round, not its cheque Led 0 of 2 rounds **0%** - **Sole investor:** Never alone - **Last cheque:** May 2026 Rounds by stage said on their site - Pre-seed said *1* - Series A said *1* - Seed said *-* - Series B said *-* Cheques by month Led Joined Dec 2023 Nov 2026 **Pitching Headwater Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Recently backed The latest companies Headwater Ventures put money into. [**Saile** $2.2M · May 2026](https://millionrounds.com/company/saile)[**Ferrum Health** $16M · Sept 2024](https://millionrounds.com/company/ferrum-health) ## Quick answers about Headwater Ventures ### What does Headwater Ventures invest in? Headwater Ventures invests most often at Pre-seed and Series A (100% of the rounds on record), in sectors such as Biomarker, Med Device and Medical Devices. ### How active is Headwater Ventures? 2 investments on record, 1 of them in the last 12 months. The most recent was in May 2026. ### What has Headwater Ventures invested in recently? Its most recent investments on record: Saile (Pre-seed, May 2026) and Ferrum Health (Series A, Sept 2024). ### How big are Headwater Ventures's cheques? The median round it joins is $9.1M. ### Is Headwater Ventures investing now? Yes: it is actively investing, with 1 investments in the last 12 months. ### What kind of investor is Headwater Ventures? Headwater Ventures is a VC firm based in Minneapolis, United States. ### Has Headwater Ventures raised a new fund? Its latest fund filing with the SEC was in Jun 2026, reporting $11M raised. ### Where does this information on Headwater Ventures come from? From 4 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=headwater-ventures) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=headwater-ventures)