Providence Ventures

Summary

The company was established in North America in United States. The leading representative office of defined VC is situated in the Seattle.

The fund has no exact preference in some founders of portfolio startups. If startup sums 5+ of the founder, the chance for it to be financed is low. Among the various public portfolio startups of the fund, we may underline Bona Film Group, Omada Health, Gauss Surgical Moreover, a startup needs to be at the age of 6-10 years to get the investment from the fund. Among the most successful fund investment fields, there are Health Diagnostics, Hardware. For fund there is a match between the location of its establishment and the land of its numerous investments - United States.

We also calculated 4 valuable employees in our database.

The typical case for the fund is to invest in rounds with 5-6 participants. Despite the Providence Ventures, startups are often financed by Providence Health & Services, Venrock, UPMC. The meaningful sponsors for the fund in investment in the same round are Venrock, UPMC, Threshold. In the next rounds fund is usually obtained by MemorialCare Innovation Fund, Cleveland Clinic, Atrium Health.

The top amount of exits for fund were in 2019. The fund is constantly included in 2-6 deals per year. When the investment is from Providence Ventures the average startup value is more than 1 billion dollars. Comparing to the other companies, this Providence Ventures performs on 12 percentage points less the average number of lead investments. Deals in the range of 10 - 50 millions dollars are the general things for fund. The real fund results show that this VC is 12 percentage points less often commits exit comparing to other companies. The top activity for fund was in 2019.