Corporate venture arm of Intermountain Health making early- and growth-stage investments in healthcare companies across AI diagnostics, virtual care, digital health, biotech and health IT.
Intermountain Ventures is the corporate venture capital and innovation arm of Intermountain Health, a not-for-profit health system. The firm makes strategic investments in early- and growth-stage healthcare companies, with a stated aim of driving transformative change in healthcare and improving patient outcomes. It is based in Salt Lake City, Utah.
The portfolio spans AI-driven diagnostics, virtual care, digital health platforms, biotechnology and health IT. Notable portfolio companies include Stripe, Omada Health, Maven Clinic and Foodsmart. Beyond capital, the firm positions itself as a strategic investment partner: it works closely with founding teams to validate product impact and to help companies scale within the healthcare ecosystem, drawing on the clinical expertise and health system partnerships available through its parent organisation.
Intermountain Ventures describes its operating context as one that bridges the high-risk culture of venture funding with the lower-risk environment of a clinical health system. For investors and operators, the model pairs venture-stage deployment across early and growth rounds with proximity to a working health system, offering portfolio companies a route to clinical validation and a mission oriented toward change in healthcare and beyond.
