MemorialCare Innovation Fund

Summary

MemorialCare Innovation Fund is the famous VC, which was founded in 1993. The company was established in North America in United States. The main office of represented VC is situated in the Long Beach.

Moreover, a startup needs to be at the age of 6-10 years to get the investment from the fund. Among the most popular fund investment industries, there are Health Care, Digital Marketing. Among the various public portfolio startups of the fund, we may underline Health Care DataWorks, Phynd Technologies, Twistle The fund has no exact preference in some founders of portfolio startups. If startup sums 3 or 5+ of the founder, the chance for it to be financed is low. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States.

Besides them, we counted 2 critical employees of this fund in our database.

The typical case for the fund is to invest in rounds with 4-5 participants. Despite the MemorialCare Innovation Fund, startups are often financed by UPMC, Threshold, River Cities Capital Funds. The meaningful sponsors for the fund in investment in the same round are New Enterprise Associates, Delphi Ventures, Ascension Ventures. In the next rounds fund is usually obtained by EDBI, New Enterprise Associates, GBS Ventures.

The fund is constantly included in less than 2 deals per year. The real fund results show that this VC is 9 percentage points less often commits exit comparing to other companies. The common things for fund are deals in the range of 10 - 50 millions dollars. The high activity for fund was in 2019. The average startup value when the investment from MemorialCare Innovation Fund is 50-100 millions dollars. This MemorialCare Innovation Fund works on 18 percentage points less the average amount of lead investments comparing to the other organizations. The higher amount of exits for fund were in 2015.