
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.
61% of their portfolio is in Healthcare. Average disclosed round size is $34.6M (across 25 rounds with reported amounts).
Portfolio
25
Fund Size
$150M
Top Stage
Series A
Last 12 Mo
0
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
28 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Series A | $20M | Apr 2024 | |
| Series B | $50M | Jan 2022 | |
| Series B | $24M | Sep 2021 | |
| Series A | $15M | Jul 2021 | |
| Series D | $21M | Jun 2021 | |
| Series A | $20M | Mar 2021 | |
| SSpineZone | Series A | $12M | Mar 2021 |
| Growth | $10M | Sep 2020 | |
| Series B | $50M | Jun 2020 | |
| Unknown | $18M | Jan 2020 | |
| Series C | $17M | Aug 2019 | |
| Series C | $73M | Jun 2019 | |
| Series A | $11M | Mar 2019 | |
| Unknown | $27M | Jan 2019 | |
| Series D | $10M | Sep 2017 | |
| Unknown | — | Feb 2016 | |
| PPaySimple | Growth | $115M | Jan 2016 |
| Growth | $15M | Jan 2014 | |
| ZZeniMax Media Inc. | Series D | $150M | Oct 2009 |
| Series C | — | — | |
| Series A | $47.5M | — | |
| Unknown | $40M | — | |
| Series C | $30M | — | |
| Seed | $2.3M | — | |
| Series A | — | — |
Page 1 of 2
Top Co-Investors
Kaiser Permanente Ventures7 shared
Frist Cressey Ventures3 shared
Health Enterprise Partners2 shared
SpringRock Ventures2 shared
Refinery Ventures2 shared
Arthur Ventures2 shared
Transformation Capital2 shared
F-Prime Capital2 shared
MemorialCare Innovation Fund2 shared
LionBird2 shared
Kleiner Perkins2 shared
Maverick Ventures2 shared
Peterson Ventures2 shared
Bessemer Venture Partners2 shared
Polaris Partners2 shared
Martin Ventures2 shared
Mutual Capital Partners2 shared
W Health Ventures1 shared
Scale Venture Partners1 shared
Terra Venture Partners1 shared
Last updated: 9 September 2026