MultiCare Health System is a not-for-profit American health care organization based in Tacoma, Washington, founded in 1882. Its innovation and strategic investment arm, MultiCare Capital Partners, invests in US-based healthcare technology and services companies from seed through Series B.
100% of their portfolio is in Healthcare. Average disclosed round size is $29.0M (across 5 rounds with reported amounts).
Portfolio
5
Fund Size
—
Top Stage
Series E
Last 12 Mo
0
Portfolio Breakdown
Stage Distribution
Investment Activity
DealsAvg Round Size
Portfolio
6 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Layer Health | Series A | — | Mar 2025 |
 Tuva Health | Seed | $5M | Jan 2024 |
 Solv | Series B | $27M | Nov 2020 |
 Health Catalyst | Series E | $70M | Feb 2016 |
| Health Catalyst | Series E | $41M | Jan 2014 |
 Glassbeam | Series B | $2M | Jan 2013 |
Top Co-Investors
Kaiser Permanente Ventures2 shared
Norwest Venture Partners2 shared
Sequoia Capital2 shared
Scale Venture Partners1 shared
Learn Capital1 shared
Leavitt Equity Partners1 shared
Sands Capital1 shared
OSF HealthCare1 shared
UPMC Enterprises1 shared
Tenaya Capital1 shared
HV Capital1 shared
Benchmark1 shared
Acrew Capital1 shared
Greylock Partners1 shared
Light Street Capital1 shared
Sorenson Capital1 shared
TCA Venture Group1 shared
Virtue1 shared
Y Combinator1 shared
GV1 shared
Last updated: 7 October 2026