Spectrum Health Ventures

About The Fund

Spectrum Health Ventures, operating under the umbrella of Corewell Health Ventures, is an investment fund based in Grand Rapids, Michigan. They focus on fostering innovation within the healthcare sector by providing investment capital and leveraging the expertise of an integrated health system and health plan. Spectrum Health Ventures targets companies and solutions that are aligned with their vision of personalized health that is simple, affordable, and exceptional. Their investment thesis centers on supporting entities with experienced management teams, well-developed and unique value propositions, and business models that already have an existing customer base and a revenue stream of $1M or more. While they are keen to invest in solutions that amplify their clinical and operational expertise, they typically avoid investing in Class III medical devices, pharmaceuticals, biotech, and pre-revenue companies that fall outside their mission, vision, and values. The fund aims to catalyze the growth and value of their portfolio companies and ultimately aims to change the future of healthcare by supporting innovation and leveraging strategic partnerships. They often work with other like-minded healthcare organizations and strategic investors to collectively share expertise and drive scale. Additional methods they use to work with emerging innovation companies include pooling resources, de-risking commercialization, and entering into collaboration agreements.