PV
Providence Ventures
Seattle, Washington, United StatesFounded 2014
Providence Ventures, now operating as Allumia Ventures, focuses its investments on early and growth-stage healthcare companies specializing in healthcare information technology, technology-enabled services, medical devices, and digital health. Their strategy involves identifying opportunities that align with the innovation priorities of Providence St. Joseph Health and other partner health systems, aiming to deploy and scale solutions that address critical healthcare challenges.
60% of their portfolio is in Healthcare. Their most common stage is series-a (40% of deals). Average disclosed round size is $37.8M (across 11 rounds with reported amounts).
Portfolio
15
Fund Size
$300M
Top Stage
Series A
Last 12 Mo
0
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
15 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Series B | $50M | Jan 2022 | |
| Series A | $15M | Jul 2021 | |
| Series D | $21M | Jun 2021 | |
| Series A | $20M | Mar 2021 | |
| Series A | — | Oct 2020 | |
| Growth | $10M | Sep 2020 | |
| Series B | $50M | Jun 2020 | |
| Growth | — | Apr 2020 | |
| Series A | $18M | Jan 2020 | |
| Series C | $73M | Jun 2019 | |
| Series A | $11M | Mar 2019 | |
| Unknown | — | Feb 2016 | |
| HHulu | Growth | $100M | — |
| Series A | $47.5M | — | |
| Series C | — | — |
Top Co-Investors
Kaiser Permanente Ventures5 shared
Frist Cressey Ventures2 shared
SpringRock Ventures2 shared
Transformation Capital2 shared
Health Enterprise Partners2 shared
McKesson Ventures1 shared
Novartis Venture Fund1 shared
Philips1 shared
Threshold Ventures1 shared
MemorialCare Innovation Fund1 shared
F-Prime Capital1 shared
Arthur Ventures1 shared
LionBird Ventures1 shared
Gaingels1 shared
Mass General Brigham Ventures1 shared
Bessemer Venture Partners1 shared
Maverick Ventures1 shared
Peterson Ventures1 shared
Wellington Management1 shared
Andreessen Horowitz1 shared
Last updated: 13 March 2026