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UPMC

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Investments

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 27
Average round size
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The average size of a deal this fund participated in
$23M
Portfolio companies 18
Rounds per year 0.21
Lead investments 9
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.33
Exits 6
Key employees 3

Areas of investment

  • Health Care
  • Information Technology
  • Software
  • Medical Device
  • Medical
Summary

The fund was located in North America if to be more exact in United States. The main department of described Corporate Investor is located in the Pittsburgh.

Considering the real fund results, this Corporate Investor is 20 percentage points more often commits exit comparing to other organizations. The top activity for fund was in 2016. Despite it in 2019 the fund had an activity. The higher amount of exits for fund were in 2013. Deals in the range of 10 - 50 millions dollars are the general things for fund. Opposing the other organizations, this UPMC works on 9 percentage points less the average amount of lead investments. The fund is constantly included in less than 2 investment rounds annually. The typical startup value when the investment from UPMC is 500 millions - 1 billion dollars.

The overall number of key employees were 3.

We can highlight the next thriving fund investment areas, such as Fitness, Medical. Moreover, a startup needs to be at the age of 4-5 years to get the investment from the fund. For fund there is a match between the location of its establishment and the land of its numerous investments - United States. Among the various public portfolio startups of the fund, we may underline Health Catalyst, medCPU, ALung Technologies The fund has no exact preference in some founders of portfolio startups. In case when startup counts 5+ of the founder, the chance for it to get the investment is meager.

The typical case for the fund is to invest in rounds with 3-4 participants. Despite the UPMC, startups are often financed by Norwest Venture Partners, Uncork Capital, Threshold. The meaningful sponsors for the fund in investment in the same round are Threshold, Froedtert Health, Philips Healthcare. In the next rounds fund is usually obtained by Threshold, Norwest Venture Partners, Froedtert Health.

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Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of UPMC:
Typical Co-investors
UPMC is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after UPMC:

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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Xealth

Health Care
Health Diagnostics
Personal Health
Therapeutics
$25M05 Oct 2021 Seattle, Washington, United States

Abridge

Health Care
Medical
Software
$10M06 Oct 2020 Pittsburgh, Pennsylvania, United States

Werewolf Therapeutics

Biotechnology
Life Science
Therapeutics
$56M20 Nov 2019 Cambridge, Massachusetts, United States

Xealth

Health Care
Health Diagnostics
Personal Health
Therapeutics
$11M27 Mar 2019 Seattle, Washington, United States

Globin Solutions

Biotechnology
Pharmaceutical
$5M11 May 2018 Pittsburgh, Pennsylvania, United States

Xealth

Health Care
Health Diagnostics
Personal Health
Therapeutics
$8M13 Jun 2017 Seattle, Washington, United States

ALung Technologies

Biotechnology
Health Care
Medical Device
Therapeutics
$36M11 Apr 2017 Pittsburgh, Pennsylvania, United States

Fabric Genomics (formerly Omicia)

Artificial Intelligence
Bioinformatics
Biotechnology
Genetics
Health Care
$23M08 Jun 2016 Oakland, California, United States

Lantern

Fitness
Health Care
Wellness
$17M10 Feb 2016 San Francisco, California, United States
News
Xealth Secures $24 Million in Series B Funding to Accelerate Digital Health

– Xealth, the leader in enabling digital health at scale, announced that the company has secured $24 million in Series B funding led by Advocate Aurora Enterprises, a subsidiary of Advocate Aurora Health.
– Seven additional health systems – Banner Health, ChristianaCare, Cone Health, Memorial Hermann, Nebraska Medicine, Novant Health and Stanford Health Care – join existing health system investors Atrium Health, Cleveland Clinic, Froedtert & MCW Health Network, MemorialCare Innovation Fund, Providence and UPMC.
– This brings the company’s total funding to date to $52.6 million.
– Use of digital therapeutics and remote patient monitoring is accelerating as they help fill a necessary role in extending care options for patients.

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Total investments 27
Average round size 23M
Rounds per year 0.21
Peak activity year 2019
Lead investments 9
Follow on index 0.33
Exits 6
Group Appearance index 0.81

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Xealth

Health Care
Health Diagnostics
Personal Health
Therapeutics
$25M05 Oct 2021 Seattle, Washington, United States

Abridge

Health Care
Medical
Software
$10M06 Oct 2020 Pittsburgh, Pennsylvania, United States

Werewolf Therapeutics

Biotechnology
Life Science
Therapeutics
$56M20 Nov 2019 Cambridge, Massachusetts, United States

Xealth

Health Care
Health Diagnostics
Personal Health
Therapeutics
$11M27 Mar 2019 Seattle, Washington, United States

Globin Solutions

Biotechnology
Pharmaceutical
$5M11 May 2018 Pittsburgh, Pennsylvania, United States

Xealth

Health Care
Health Diagnostics
Personal Health
Therapeutics
$8M13 Jun 2017 Seattle, Washington, United States

ALung Technologies

Biotechnology
Health Care
Medical Device
Therapeutics
$36M11 Apr 2017 Pittsburgh, Pennsylvania, United States

Fabric Genomics (formerly Omicia)

Artificial Intelligence
Bioinformatics
Biotechnology
Genetics
Health Care
$23M08 Jun 2016 Oakland, California, United States

Lantern

Fitness
Health Care
Wellness
$17M10 Feb 2016 San Francisco, California, United States
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