# Kaiser Permanente Ventures: portfolio, investments and team

> Kaiser Permanente Ventures is a corporate vc based in United States. 59 investments on record, 1 in the last 12 months, latest May 2026.

Source: https://millionrounds.com/fund/kaiser-permanente-ventures (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Kaiser Permanente Ventures

Last cheque observed May 2026; 59 cheques on record.

Email

Deploying now Corporate VC

Seed Series A Series B Connected Health Tech-enabled Health Health-tech

Follow Kaiser Permanente Ventures and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fkaiser-permanente-ventures)

Deploying now

**33%** of best year **1** **cheques in 12 months**, 59 on record

Since the last cheque **156** days **00** hrs **00** min **00** sec

Median round **$35M** Rounds led **1 of 59** Sole investor **2 rounds** Exits **11 from the portfolio** Mostly in **United States, 97%**

Pitch Kaiser Permanente Ventures

## Kaiser Permanente Ventures highlights

- 01 1 cheques in the last 12 months
- 02 Mostly Series B and Series C: 53% of its rounds
- 03 Sole investor in 2 rounds, median $30M
- 04 11 exits from the portfolio

## What they do

> Kaiser Permanente Ventures makes investments in promising healthcare companies targeting areas of real need. From their own website

- **Type:** Corporate VC (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Seed Series A Series B Growth Pre-IPO
- **Sectors:** Connected Health Tech-enabled Health Health-tech
- **Based in:** Oakland, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **59 appearances**

- **2026** 1 round
- **May** **[Garner Health](https://millionrounds.com/company/garner-health)** Series E · US · AlleyWatch **$100M** With 8 others
- **2025** 3 rounds
- **Sept** **[SureCo](https://millionrounds.com/company/sureco)** Series A · US · Kaiser Permanente Ventures **$23M** With 1 other
- **Jun** **[Arine](https://millionrounds.com/company/arine)** Series C · US · Kaiser Permanente Ventures **$30M** With 2 others
- **May** **[Clarium](https://millionrounds.com/company/clarium)** Series A · US · AlleyWatch **$27M** With 9 others
- **2024** 1 round
- **Sept** **[Vesta Healthcare](https://millionrounds.com/company/vesta-healthcare)** Series C · US · Kaiser Permanente Ventures **$65M** With 9 others
- **2023** 2 rounds
- **Jun** **[DexCare, Inc.](https://millionrounds.com/company/dexcare-inc)** Series C · US · Kaiser Permanente Ventures **$75M** With 5 others
- **Jan** **[NOCD](https://millionrounds.com/company/nocd)** Series B · US · Cigna Ventures **$34M** With 6 others
- **2019** 6 rounds
- **Sept** **[Ginger](https://millionrounds.com/company/ginger)** Series C · US · FinSMEs **$35M** With 6 others
- **Aug** **[Polarity](https://millionrounds.com/company/polarity)** Series A · TechCrunch **$8.1M** With 6 others
- **Jul** **[Freenome](https://millionrounds.com/company/freenome)** Series B · US · FinSMEs **$160M** With 11 others
- **Jul** **[Nuvolo](https://millionrounds.com/company/nuvolo)** Series B · US · FinSMEs **$12M** *Led*
- **Jun** **[Omada Health](https://millionrounds.com/company/omada-health)** US · FinSMEs **$73M** With 8 others
- **Jun** **[Genome Medical](https://millionrounds.com/company/genome-medical)** Series B · US · FinSMEs **$23M** With 10 others
- **2016** 1 round
- **Sept** **[Chrono Therapeutics](https://millionrounds.com/company/chrono-therapeutics)** Series B · US · FinSMEs **$48M** Sole investor
- **2015** 3 rounds
- **Apr** **[Validic](https://millionrounds.com/company/validic)** Series B · US **$13M** Sole investor
- **Jan** **[Kit Check](https://millionrounds.com/company/kit-check)** Series B · US **$12M** With 5 others
- **Jan** **[Ingenious Med](https://millionrounds.com/company/ingenious-med)** Venture · US **Undisclosed** With 3 others
- **2014** 5 rounds
- **Dec** **[Ginger.io](https://millionrounds.com/company/ginger-io)** Series B · US **$20M** With 2 others
- **Sept** **[MetricStream](https://millionrounds.com/company/metricstream)** Series D · US **$60M** With 2 others
- **Apr** **[Omada Health](https://millionrounds.com/company/omada-health)** Series B · US **$23M** With 3 others
- **Apr** **[Vapotherm](https://millionrounds.com/company/vapotherm)** Series B · US **$24M** With 7 others
- **Jan** **[Health Catalyst](https://millionrounds.com/company/health-catalyst)** Series C · US **$41M** With 4 others
- **2013** 6 rounds
- **Nov** **[TriVascular](https://millionrounds.com/company/trivascular)** Series E · US · sec.gov **$40M** With 8 others
- **Jun** **[Movable](https://millionrounds.com/company/movable)** Seed · US · finsmes.com **$1.9M** With 5 others
- **Apr** **[Vapotherm](https://millionrounds.com/company/vapotherm)** Series A · US · pehub.com **$29M** With 6 others
- **Apr** **[iRhythm Technologies](https://millionrounds.com/company/irhythm-technologies)** Series D · US · finsmes.com **$16M** With 4 others
- **Apr** **[AtheroMed](https://millionrounds.com/company/atheromed)** Growth · US · sec.gov **$6.0M** With 3 others
- **Mar** **[Health Catalyst](https://millionrounds.com/company/health-catalyst)** Series B · US · techcrunch.com **$8.0M** With 1 other
- **2012** 9 rounds
- **Sept** **[Torax Medical](https://millionrounds.com/company/torax-medical)** Series D · US · finsmes.com **$30M** With 5 others
- **Jul** **[Agile Therapeutics](https://millionrounds.com/company/agile-therapeutics)** Series C · US · finsmes.com **$40M** With 5 others
- **Jun** **[Oxford Immunotec](https://millionrounds.com/company/oxford-immunotec)** Venture · GB · finsmes.com **$28M** With 8 others
- **Jun** **[Astute Medical](https://millionrounds.com/company/astute-medical)** Series C · US · finsmes.com **$40M** With 5 others
- **Jun** **[TriVascular](https://millionrounds.com/company/trivascular)** Series D · US · news.yahoo.com **$60M** With 6 others
- **Mar** **[AtheroMed](https://millionrounds.com/company/atheromed)** Series D · US · researchviews.com **$4.5M** With 2 others
- **Jan** **[Transcend Medical](https://millionrounds.com/company/transcend-medical)** Series B · US · onbiovc.com **$16M** With 8 others
- **Jan** **[CytoPherx](https://millionrounds.com/company/cytopherx)** Venture · US · finsmes.com **$34M** With 9 others
- **Jan** **[iRhythm Technologies](https://millionrounds.com/company/irhythm-technologies)** Growth · US **$12M** With 3 others
- **2011** 1 round
- **Sept** **[Valeritas](https://millionrounds.com/company/valeritas)** Series C · US · finsmes.com **$150M** With 8 others
- **2010** 6 rounds
- **Sept** **[Accumetrics](https://millionrounds.com/company/accumetrics)** Venture · US · finsmes.com **$7.0M** With 5 others
- **Jun** **[Baxano](https://millionrounds.com/company/baxano)** Series C · US · onbiovc.com **$30M** With 5 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 **1 named**

CL **Cynthia Lee Vanderlinde-Kopper** Vice President & Managing Director i Form ADV

We also hold **12** 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 the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$193M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** National Venture Development
- **SEC number:** CRD 162019

## What they claim to have backed

From their own portfolio page (on their website)

**35** of 48 we have independently watched raise

[Abridge](https://millionrounds.com/company/abridge)[Agiletherapeutics](https://millionrounds.com/company/agile-therapeutics)[Arine](https://millionrounds.com/company/arine)[Astutemedical](https://millionrounds.com/company/astute-medical)[Bighealth](https://millionrounds.com/company/big-health)[Chronothera](https://millionrounds.com/company/chrono-therapeutics)[Clariumhealth](https://millionrounds.com/company/clarium)[Everytable](https://millionrounds.com/company/everytable)[Freenome](https://millionrounds.com/company/freenome)[Genomemedical](https://millionrounds.com/company/genome-medical)[Gynesonics](https://millionrounds.com/company/gynesonics)[Headspace](https://millionrounds.com/company/headspace)[Healthcatalyst](https://millionrounds.com/company/health-catalyst)[Ingeniousmed](https://millionrounds.com/company/ingenious-med)[Intelycare](https://millionrounds.com/company/intelycare)[Katefarms](https://millionrounds.com/company/kate-farms)[Kitcheck](https://millionrounds.com/company/kit-check)[Metricstream](https://millionrounds.com/company/metricstream)[Nexthealthtechnologies](https://millionrounds.com/company/nexthealth-technologies)[Nuvolo](https://millionrounds.com/company/nuvolo)[Omadahealth](https://millionrounds.com/company/omada-health)[Ordr](https://millionrounds.com/company/ordr)[Ossovr](https://millionrounds.com/company/osso-vr)[Protenus](https://millionrounds.com/company/protenus)[Rockhealth](https://millionrounds.com/company/rock-health)[Startuphealth](https://millionrounds.com/company/startup-health)[Sureco](https://millionrounds.com/company/sureco)[Trivascular](https://millionrounds.com/company/trivascular)[Usrenalcare](https://millionrounds.com/company/u-s-renal-care)[Valeritas](https://millionrounds.com/company/valeritas)[Validic](https://millionrounds.com/company/validic)[Vapotherm](https://millionrounds.com/company/vapotherm)[Vidyo](https://millionrounds.com/company/vidyo)[Widercircle](https://millionrounds.com/company/widercircle)[Xanitos](https://millionrounds.com/company/xanitos) Collectivemedicaltech Dexcarehealth Flexera Getgarner Hometeamhealth Irhythmtech Joingroups Leiters Mind24-7 Neoseqltd Nordicwi Proteus Treatmyocd

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.

## Exits from the portfolio

Companies it backed that were later bought or listed **11 in all**

**[AtheroMed](https://millionrounds.com/company/atheromed)** Bought by Volcano Corporation **$117M** May 2014

**[Oxford Immunotec](https://millionrounds.com/company/oxford-immunotec)** Listed **$64M** Nov 2013

**[Accumetrics](https://millionrounds.com/company/accumetrics)** Bought by [ITC](https://millionrounds.com/fund/itc) **Undisclosed** Aug 2013

**[Zonare Medical Systems](https://millionrounds.com/company/zonare-medical-systems)** Bought by Mindray Medical International **$105M** Jun 2013

**[Baxano](https://millionrounds.com/company/baxano)** Bought by TranS1 **Undisclosed** Mar 2013

**[Hemosphere](https://millionrounds.com/company/hemosphere)** Bought by CryoLife **$22M** May 2012

**[Calypso Medical](https://millionrounds.com/company/calypso-medical)** Bought by Varian Medical Systems **Undisclosed** Sept 2011

**[CHF Solutions](https://millionrounds.com/company/chf-solutions)** Bought by Gambro **Undisclosed** Jan 2010

**[NeoGuide Systems](https://millionrounds.com/company/neoguide-systems)** Bought by Intuitive Surgical **Undisclosed** Jun 2009

**[Bacchus Vascular](https://millionrounds.com/company/bacchus-vascular)** Bought by [Covidien](https://millionrounds.com/fund/covidien) **Undisclosed** Mar 2009

**[Adiana](https://millionrounds.com/company/adiana)** Bought by [Cytyc](https://millionrounds.com/fund/cytyc) **$215M** Feb 2007

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Seed Series A Series B

Median round joined **$35M** the round, not its cheque Alone, median **$30M**

Led 1 of 59 rounds **2%**

- **Sole investor:** 2 rounds
- **Last cheque:** May 2026
- **Exits:** 11 from the portfolio

Rounds by stage said on their site

- Series B said *17*
- Series C *12*
- Venture *9*
- Series D *9*
- Series A said *5*
- Series E *3*
- Seed said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Delphi Ventures](https://millionrounds.com/fund/delphi-ventures) 5
- [MPM Capital](https://millionrounds.com/fund/mpm-bioimpact) 5
- [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) 5
- [New Leaf Venture Partners](https://millionrounds.com/fund/new-leaf-venture-partners) 5
- [Affinity Capital Management](https://millionrounds.com/fund/affinity-capital-management) 4
- [Canaan](https://millionrounds.com/fund/canaan-partners) 4

**Pitching Kaiser Permanente Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Kaiser Permanente Ventures. A count of rooms they were both in, not a relationship either has claimed.

[**Delphi Ventures** VC firm **5** rounds together](https://millionrounds.com/fund/delphi-ventures)[**MPM Capital** Private equity **5** rounds together](https://millionrounds.com/fund/mpm-bioimpact)[**New Enterprise Associates** VC firm **5** rounds together](https://millionrounds.com/fund/new-enterprise-associates)[**New Leaf Venture Partners** VC firm **5** rounds together](https://millionrounds.com/fund/new-leaf-venture-partners)[**Affinity Capital Management** VC firm **4** rounds together](https://millionrounds.com/fund/affinity-capital-management)[**Canaan** VC firm **4** rounds together](https://millionrounds.com/fund/canaan-partners)[**RiverVest** VC firm **4** rounds together](https://millionrounds.com/fund/rivervest-venture-partners)[**U.S. Venture Partners** VC firm **4** rounds together](https://millionrounds.com/fund/u-s-venture-partners-usvp)[**Andreessen Horowitz** VC firm **3** rounds together](https://millionrounds.com/fund/andreessen-horowitz)[**Arnerich Massena & Associates** Growth equity **3** rounds together](https://millionrounds.com/fund/arnerich-massena-and-associates)[**BBT Fund** Investment firm **3** rounds together](https://millionrounds.com/fund/bbt-fund)[**Essex Woodlands Healthcare Partners** VC firm **3** rounds together](https://millionrounds.com/fund/essex-woodlands-health-ventures)

## Recently backed

The latest companies Kaiser Permanente Ventures put money into.

[**Garner Health** $100M · May 2026](https://millionrounds.com/company/garner-health)[**SureCo** $23M · Sept 2025](https://millionrounds.com/company/sureco)[**Arine** $30M · Jun 2025](https://millionrounds.com/company/arine)[**Clarium** $27M · May 2025](https://millionrounds.com/company/clarium)[**Ginger** $35M · Sept 2019](https://millionrounds.com/company/ginger)[**Freenome** $160M · Jul 2019](https://millionrounds.com/company/freenome)

## Mentioned on podcasts

Episodes that name Kaiser Permanente Ventures in their description, not their title.

- [Village Global Podcast](https://millionrounds.com/podcasts/village-global) 12 Sept 2018 · 51 min Health Stories: Hard-Won Lessons From The Healthcare Ecosystem with Liz Rockett, Jared Seehafer, and Ryan Panchadsaram With [Liz Rockett](https://millionrounds.com/person/liz-rockett)[Ryan Panchadsaram](https://millionrounds.com/person/ryan-panchadsaram) Mentions [Kaiser Permanente](https://millionrounds.com/fund/kaiser-permanente)[Kaiser Permanente Ventures](https://millionrounds.com/fund/kaiser-permanente-ventures)[Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) Apple PodcastsShow page

## Quick answers about Kaiser Permanente Ventures

### What does Kaiser Permanente Ventures invest in?

Kaiser Permanente Ventures invests most often at Series B and Series C (53% of the rounds on record), in sectors such as Connected Health, Tech-enabled Health and Health-tech.

### How active is Kaiser Permanente Ventures?

59 investments on record, 1 of them in the last 12 months, and it led 1. The most recent was in May 2026.

### What has Kaiser Permanente Ventures invested in recently?

Its most recent investments on record: Garner Health (Series E, May 2026), SureCo (Series A, Sept 2025) and Arine (Series C, Jun 2025).

### How big are Kaiser Permanente Ventures's cheques?

The median round it joins is $35M.

### Does Kaiser Permanente Ventures lead rounds?

Sometimes: it led 1 of its 59 investments on record (2%).

### Where does Kaiser Permanente Ventures invest?

Most of the companies it backs are in the United States (97%).

### Is Kaiser Permanente Ventures investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

### Who does Kaiser Permanente Ventures invest alongside?

Most often Delphi Ventures (5 rounds together), MPM Capital (5 rounds together) and New Enterprise Associates (5 rounds together).

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