United States · Investor

Lemhi Ventures

Last cheque observed Mar 2018. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

QuietVC firm

Pre-seedSeedSeries AHealthcareHealthcare ServicesHealthcare Technology

Cheques on record
0%of best year0cheques in 12 months, 18 on record
Since the last cheque3149days00hrs00min00sec
Median round$23MCheque size, as they say$500K – $5.0MRounds led1 of 18Sole investor9 roundsExits2 from the portfolioMostly inUnited States, 100%
Pitch Lemhi Ventures

Lemhi Ventures highlights

  1. 01

    18 rounds on record

  2. 02

    Mostly Series B and Series A: 47% of its rounds

  3. 03

    Sole investor in 9 rounds, median $7.0M

  4. 04

    2 exits from the portfolio

What they do

We make investments in early stage (seed, & Series A) healthcare companies. Initial investments range from $500K to $5M.From their own website
Type
VC firm
Cheque size
$500K – $5.0M as they say
Stages
Pre-seedSeedSeries A
Sectors
HealthcareHealthcare ServicesHealthcare Technology
Based in
Minneapolis, United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first18 appearances

  1. 2018

    1 round

  2. Mar
    Digital ReasoningUS · Fintech$30MWith 6 others
  3. 2016

    3 rounds

  4. Nov
    RecondoDebt · US · FinSMEs$16MWith 1 other
  5. Jun
    RetraceHealthSeries A · US · Bizjournals$7.0MSole investor
  6. Mar
  7. 2015

    1 round

  8. Aug
    PokitDokSeries B · US$34MWith 6 others
  9. 2014

    2 rounds

  10. Sept
    Sandlot SolutionsVenture · US$23MSole investor
  11. Jan
    PlanSource HoldingsSeries B · US$12MWith 1 other
  12. 2013

    4 rounds

  13. Dec
    Shareable InkSeries C · US · finsmes.com$11MWith 3 others
  14. May
    Shareable InkSeries C · US$3.0MWith 2 others
  15. May
    Shareable InkDebt · US · sec.gov$3.0MSole investor
  16. Apr
    OneHealth SolutionsSeries B · US · finsmes.com$9.0MSole investor
  17. 2012

    2 rounds

  18. Jun
    Shareable InkSeries B · US · finsmes.com$5.0MSole investor
  19. Feb
    PlanSource HoldingsVenture · US · prnewswire.com$12MSole investor
  20. 2011

    1 round

  21. May
    ABILITY NetworkSeries C · US · businesswire.com$27MWith 1 other
  22. 2010

    1 round

  23. Jul
    OneHealth SolutionsSeries A · US · stockenews.com$7.0MSole investor
  24. 2008

    1 round

  25. Jan
    DestinationRXSeries A · US$19MSole investor
  26. 2007

    1 round

  27. Jan
    ABILITY NetworkVenture · US · bizjournals.com$5.0MSole investor
  28. 2006

    1 round

  29. Nov
    Seed · paidcontent.org$1.0MWith 18 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

We 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.

Exits from the portfolio

Companies it backed that were later bought or listed2 in all

OneHealth SolutionsBought by ViveraeUndisclosedSept 2014
DestinationRXBought by ConnectureUndisclosedJan 2013

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

Who they invest alongside

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

Recently backed

The latest companies Lemhi Ventures put money into.

Quick answers about Lemhi Ventures

What does Lemhi Ventures invest in?

Lemhi Ventures invests most often at Series B and Series A (47% of the rounds on record), in sectors such as Healthcare, Healthcare Services and Healthcare Technology.

How active is Lemhi Ventures?

18 investments on record, 0 of them in the last 12 months, and it led 1. The most recent was in Mar 2018.

What has Lemhi Ventures invested in recently?

Its most recent investments on record: Digital Reasoning (Undisclosed round, Mar 2018), Recondo (Debt, Nov 2016) and RetraceHealth (Series A, Jun 2016).

How big are Lemhi Ventures's cheques?

The median round it joins is $23M. It says it writes cheques of $500K to $5.0M.

Does Lemhi Ventures lead rounds?

Sometimes: it led 1 of its 18 investments on record (6%).

Where does Lemhi Ventures invest?

Most of the companies it backs are in the United States (100%).

Is Lemhi Ventures investing now?

No investments in the last 12 months; the latest was in Mar 2018.

Who does Lemhi Ventures invest alongside?

Most often Martin Ventures (2 rounds together) and Nashville Capital Network, Investment Arm (2 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it