Providence Ventures (now renamed Allumia Ventures) is a healthcare-focused venture capital firm that invests in digital health, tech-enabled healthcare services, and medtech companies. The firm was originally the venture capital arm of Providence St. Joseph Health before spinning out as an independent firm in January 2025.
53% of their portfolio is in Healthcare. Average disclosed round size is $52.6M (across 40 rounds with reported amounts).
Portfolio
35
Fund Size
$150M
Top Stage
Series A
Last 12 Mo
0
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
43 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Xealth | Ipo | $50M | Jan 2025 |
 Xealth | Ipo | $50M | Jan 2025 |
 Praia Health | Series A | $20M | Apr 2024 |
 Dexcare | Series B | $50M | Jan 2022 |
 DexCare | Series B | $50M | Jan 2022 |
| Xealth | Series B | $24M | Sep 2021 |
 Kno2 | Series A | $15M | Jul 2021 |
 Protenus | Series D | $21M | Jun 2021 |
| Dexcare | Series A | $20M | Mar 2021 |
| DexCare | Series A | $20M | Mar 2021 |
| SSpineZone | Series A | $12M | Mar 2021 |
 Wagepoint | Growth | $10M | Sep 2020 |
 Conversica | Series D | $20M | Sep 2020 |
 LogDNA | Series C | $25M | Jul 2020 |
 SevenRooms | Series B | $50M | Jun 2020 |
 Twistle | Unknown | $18M | Jan 2020 |
| Protenus | Series C | $17M | Aug 2019 |
 Omada | Series C | $73M | Jun 2019 |
| Xealth | Series A | $11M | Mar 2019 |
| Xealth | Series A | $11M | Mar 2019 |
 Bolder Surgical | Unknown | $27M | Jan 2019 |
| Xealth | Series A | $11M | Jan 2019 |
 Gauss Surgical | Series C | $20M | Oct 2018 |
 Collective Medical | Series A | $47.5M | Jan 2017 |
| NN-of-One | Series B | $7M | Jul 2016 |
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Top Co-Investors
Kaiser Permanente Ventures10 shared
Threshold Ventures6 shared
UPMC6 shared
Frist Cressey Ventures5 shared
McKesson Ventures5 shared
SpringRock Ventures4 shared
Iconiq Capital, LLC4 shared
MemorialCare Innovation Fund4 shared
Novartis Venture Fund3 shared
Philips Ventures3 shared
Transformation Capital3 shared
Kleiner Perkins3 shared
Maverick Ventures3 shared
Peterson Ventures3 shared
Bessemer Venture Partners3 shared
Cleveland Clinic3 shared
Health Enterprise Partners2 shared
Refinery Ventures2 shared
Arthur Ventures2 shared
F-Prime Capital2 shared
Last updated: 7 October 2026