
Cleveland Clinic is a nonprofit academic medical center founded in 1921 in Cleveland, Ohio, that invests in healthcare and life-sciences startups through its corporate venture arm, Cleveland Clinic Ventures. The arm spins out and backs companies based on Cleveland Clinic intellectual property, having launched over 80 spinoff companies since 2000.
53% of their portfolio is in Healthcare. Deal activity increased 50% year-over-year (3 deals in the last 12 months). Their most common stage is series-a (42% of deals). Average disclosed round size is $22.3M (across 18 rounds with reported amounts).
Portfolio
15
Fund Size
—
Top Stage
Series A
Last 12 Mo
3
Team
Todd Schwarzinger
Partner Digital Health & Medical Devices
Daniel Lee, JD, LLM
Senior Director
Giedre Ruzgaite, PhD, CLP
Associate Director Digital Health & Therapeutics
JD Friedland, MBA
Executive Director
Jerry Wilmink, PhD, MBA
Director Digital Health
Joseph Rich, JD, MBA
Executive Director Innovations Operations
Partha Paul, PhD, MBA
Director Medical Devices
Saqib Sachani, PhD, MBA
Director
Portfolio Breakdown
Stage Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
| Series B | $10.3M | Jan 2026 | |
| Series A | $24M | Oct 2025 | |
| MMediView XR Inc. | Series A | $24M | Oct 2025 |
| 11m | Series A | $10M | Dec 2024 |
| Series B | $12.3M | Aug 2024 | |
| Series A | $10M | Jan 2024 | |
| EEnspire DBS Therapy, Inc. | Series B | $10.3M | Aug 2023 |
| Series A | $15M | May 2023 | |
| MMediView XR Inc. | Unknown | $15M | May 2023 |
| MMediView XR Inc. | Unknown | $15M | Jan 2023 |
| CCenterline Biomedical Inc | Series B | $33M | Jun 2022 |
| Series A | $30M | May 2022 | |
| AAvaneer Health | Seed | $50M | Jan 2022 |
| Series B | $24M | Sep 2021 | |
| Series B | $50M | Oct 2018 | |
| Series A | $20M | — | |
| Series C | — | — | |
| AAutonomic Technologies | Series D | $43.2M | — |
| AAutonomic Technologies | Series A | $5M | — |
Top Co-Investors
Last updated: 8 September 2026