# MemorialCare Innovation Fund: portfolio, investments and team > MemorialCare Innovation Fund is a corporate vc based in United States. 12 investments on record, 2 in the last 12 months, latest Oct 2026. Source: https://millionrounds.com/fund/memorialcare-innovation-fund (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # MemorialCare Innovation Fund Last cheque observed Oct 2026; 12 cheques on record. Email Corporate VC Deploying now Seed Series A Series B Healthcare IT Healthcare Services Medical Devices Follow MemorialCare Innovation Fund and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fmemorialcare-innovation-fund) Deploying now **100%** of best year **2** **cheques in 12 months**, 12 on record Since the last cheque **28** days **00** hrs **00** min **00** sec Median round **$7.7M** Rounds led **0 of 12** Mostly in **United States, 100%** Pitch MemorialCare Innovation Fund ## MemorialCare Innovation Fund highlights - 01 2 cheques in the last 12 months - 02 Mostly Series B and Series A: 73% of its rounds ## What they do > MemorialCare Innovation Fund (MCIF) is a strategic healthcare investment fund wholly owned by MemorialCare Health System. From their own website - **Type:** Corporate VC - **Cheque size:** Not stated - **Stages:** Seed Series A Series B - **Sectors:** Healthcare IT Healthcare Services Medical Devices - **Based in:** Long Beach, United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **12 appearances** - **2026** 2 rounds - **Oct** **[Vitalize](https://millionrounds.com/company/vitalize)** Series A · US · MedCity News **$31M** With 6 others - **Feb** **[SpendRule](https://millionrounds.com/company/spendrule)** Seed · TechCrunch **$2.0M** With 2 others - **2019** 4 rounds - **Dec** **[Laudio](https://millionrounds.com/company/laudio)** Series A · US · FinSMEs **$7.3M** With 2 others - **Oct** **[Twistle](https://millionrounds.com/company/twistle)** US · FinSMEs **$16M** With 1 other - **Jun** **[Xealth](https://millionrounds.com/company/xealth)** Series A · US · FinSMEs **$3.0M** With 11 others - **Jan** **[Phynd Technologies](https://millionrounds.com/company/phynd-technologies)** Series B · US · FinSMEs **$8.0M** With 3 others - **2015** 2 rounds - **Sept** **[PerfectServe](https://millionrounds.com/company/perfectserve)** Series D · US **$21M** With 4 others - **Feb** **[Aventura](https://millionrounds.com/company/aventura)** Series C · US **$14M** With 4 others - **2014** 2 rounds - **Sept** **[Ivantis](https://millionrounds.com/company/ivantis)** Series B · US **$25M** With 7 others - **Jan** **[Ivantis](https://millionrounds.com/company/ivantis)** Series B · US **$14M** With 5 others - **2013** 2 rounds - **Sept** **[Aventura](https://millionrounds.com/company/aventura)** Series B · US · finsmes.com **$4.3M** With 5 others - **Jan** **[Ivantis](https://millionrounds.com/company/ivantis)** Series B · US · finsmes.com **$27M** With 3 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. ## What they claim to have backed From their own portfolio page (on their website) **10** of 15 we have independently watched raise [Amenitieshealth](https://millionrounds.com/company/amenities-health)[Aristamd](https://millionrounds.com/company/aristamd)[Asimily Internet of](https://millionrounds.com/company/asimily)[Babyscripts Virtual Care](https://millionrounds.com/company/babyscripts)[Censinet](https://millionrounds.com/company/censinet)[Centivo Transformational Health](https://millionrounds.com/company/centivo)[NeuroFlow](https://millionrounds.com/company/neuroflow)[Predictive Analytics focused](https://millionrounds.com/company/leantaas)[SpendRule](https://millionrounds.com/company/spendrule)[Wellist](https://millionrounds.com/company/wellist) Health Enterprise Partners Healthcare Venture Capital Syllable Omni-Channel AI-enabled TytoCare Telehealth Company Vitalize Care Staffing 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. ## The cheque Seed Series A Series B Median round joined **$7.7M** the round, not its cheque Led 0 of 12 rounds **0%** - **Sole investor:** Never alone - **Last cheque:** Oct 2026 Rounds by stage said on their site - Series B said *5* - Series A said *3* - Seed said *1* - Series C *1* - Series D *1* Cheques by month Led Joined Dec 2023 Nov 2026 Often in the room with - [Ascension Ventures](https://millionrounds.com/fund/ascension-ventures) 3 - [Delphi Ventures](https://millionrounds.com/fund/delphi-ventures) 3 - [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) 3 - [406 Ventures](https://millionrounds.com/fund/406-ventures) 2 - [Excel Venture Management](https://millionrounds.com/fund/excel-venture-management-llc) 2 - [GBS Ventures](https://millionrounds.com/fund/gbs-venture-partners) 2 **Pitching MemorialCare Innovation Fund?** 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 *→* ## Who they invest alongside The investors most often in the same rounds as MemorialCare Innovation Fund. A count of rooms they were both in, not a relationship either has claimed. [**Ascension Ventures** Corporate VC **3** rounds together](https://millionrounds.com/fund/ascension-ventures)[**Delphi Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/delphi-ventures)[**New Enterprise Associates** VC firm **3** rounds together](https://millionrounds.com/fund/new-enterprise-associates)[**406 Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/406-ventures)[**Excel Venture Management** VC firm **2** rounds together](https://millionrounds.com/fund/excel-venture-management-llc)[**GBS Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/gbs-venture-partners)[**HLM Investment Partners** VC firm **2** rounds together](https://millionrounds.com/fund/hlm-investment-partners)[**Vertex Ventures China** VC firm **2** rounds together](https://millionrounds.com/fund/vertex-ventures-china) ## Recently backed The latest companies MemorialCare Innovation Fund put money into. [**Vitalize** $31M · Oct 2026](https://millionrounds.com/company/vitalize)[**SpendRule** $2.0M · Feb 2026](https://millionrounds.com/company/spendrule)[**Laudio** $7.3M · Dec 2019](https://millionrounds.com/company/laudio)[**Twistle** $16M · Oct 2019](https://millionrounds.com/company/twistle)[**Xealth** $3.0M · Jun 2019](https://millionrounds.com/company/xealth)[**Phynd Technologies** $8.0M · Jan 2019](https://millionrounds.com/company/phynd-technologies) ## Quick answers about MemorialCare Innovation Fund ### What does MemorialCare Innovation Fund invest in? MemorialCare Innovation Fund invests most often at Series B and Series A (73% of the rounds on record), in sectors such as Healthcare IT, Healthcare Services and Medical Devices. ### How active is MemorialCare Innovation Fund? 12 investments on record, 2 of them in the last 12 months. The most recent was in Oct 2026. ### What has MemorialCare Innovation Fund invested in recently? Its most recent investments on record: Vitalize (Series A, Oct 2026), SpendRule (Seed, Feb 2026) and Laudio (Series A, Dec 2019). ### How big are MemorialCare Innovation Fund's cheques? The median round it joins is $7.7M. ### Does MemorialCare Innovation Fund lead rounds? Rarely, if at all: none of its 12 investments on record names it as the lead. ### Where does MemorialCare Innovation Fund invest? Most of the companies it backs are in the United States (100%). ### Is MemorialCare Innovation Fund investing now? Yes: it is actively investing, with 2 investments in the last 12 months. ### Who does MemorialCare Innovation Fund invest alongside? Most often Ascension Ventures (3 rounds together), Delphi Ventures (3 rounds together) and New Enterprise Associates (3 rounds together). ## 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=memorialcare-innovation-fund) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=memorialcare-innovation-fund)