UnityPoint Health Ventures: 11 things to know

UnityPoint Health in West Des Moines, Iowa has a venture capital division that invests in healthcare startups focused on healthcare experience, funding, delivery, and innovation.

Here are 11 things to know about UnityPoint Health Ventures:

1. It was launched in 2019 with $100 million in funding.

2. It is led by Matthew Warrens, Managing Director of Innovation, and Austin Duke, Director of Venture Capital.

3. The company invests in digital therapeutics, health information technology, technology services, medical devices, and diagnostics, but avoids pharmaceuticals, biopharmaceuticals, and drug discovery.

4. It focuses on seed rounds, Series A and Series B funding rounds ranging from $1 million to $3 million for the first check.

5. In addition to investments, it helps companies accelerate and scale by connecting them to their healthcare system through priority access to IT, faster contracting, marketing, and earned media support.

6. In December, the company participated in a $15.1 million Series A funding round for Cardiosense, a digital health care company focused on early detection of heart disease, along with OSF Ventures, the Peoria, Illinois-based venture arm of OSF HealthCare.

7. He supported TailorMed, a digital health startup that helps patients find financial help. The company has also received investments from Cleveland University Hospitals venture capital funds; Froedtert Health of Milwaukee; Johnson City, TN, Ballad Health; Renton, Washington, Providence; and OSF HealthCare.

8. In April 2022, he co-led a $7 million Series A funding round for digital pathology company Pathware.

9. In December 2021, the company participated in a $11.5 million Series A funding round for Prolucent Health, a healthcare enterprise IT software provider.

10. This was part of a $32 million oversubscription Series B funding round in July 2021 for the b.well Connected Health digital health platform, which also included Nina, Wisconsin-based ThedaCare.

11. In April 2021, the company joined a $3.1 million seed round for the DocStation pharmacy platform.