Healthcare company-building profile
OSF Ventures (OSF Innovation)
OSF HealthCare
Source-based profile
Program at a Glance
- Program type
- Accelerator
- Program category
- Health system accelerator
- Organization
- OSF HealthCare
- Organization type
- Hospital or health system
- Location
- Peoria, Illinois
- Company stage served
- Seed
- Cohort or participation model
- Not publicly documented
- Investment or funding offered
- Not publicly documented
- Published investment terms
- Not publicly documented
- Equity or fee model
- Not publicly documented
- Clinical or hospital connection
- Yes
- Application status
- Active
- Founded
- 2016
Public description
About the program
OSF Ventures is the venture investment arm of OSF HealthCare and sits inside OSF Innovation, the system's broader innovation organization. It makes post-seed direct investments as part of syndicates in health IT, medical devices, therapeutics, diagnostics and technology-enabled care delivery, and it also commits capital to third-party healthcare venture funds. Its third and largest fund launched in January 2022 at $100 million, bringing total assets under management to roughly $250 million across three funds. The team pairs capital with access to OSF's hospitals for piloting and validation, and it has screened close to 1,500 opportunities since the program began. It invests rather than incubating companies itself, although OSF Innovation runs adjacent accelerator and internal-innovation programs.
What the program publicly emphasizes
Focus areas and features
- Category: Health system accelerator
Publicly documented people and network
Program leadership and alumni
- Program leader
- Becky Buchen — Senior Vice President, Innovation and Transformation
- Notable alumni named in public materials
- Named one of America's Most Innovative Companies by Fortune in 2023 and 2025; operates the Jump Trading Simulation & Education Center; runs OSF Ventures investment arm; partnerships with AVIA, Dreamit, gener8tor, Matter and MassChallenge accelerator networks; FLAG: the fund size, assets under management and direct-investment counts originally captured could not be found on any OSF page, and the $1B AUM figure that appears in coverage belongs to Ascension Ventures, not OSF. Confirm fund size and portfolio directly with OSF Innovation before using any number. OSF Ventures does publish a portfolio of exited companies.
Sources
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