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Health system intelligence profile

Kaiser Permanente Ventures

Kaiser Permanente

Editorially verified · Last reviewed August 30, 2026

Intelligence summary

Program at a Glance

Program mandate
Kaiser Permanente Ventures is the corporate venture capital arm of Kaiser Permanente. The official About page states that the program was founded more than 25 years ago and that, in partnership with Kaiser Permanente and limited partners, the team has invested in and helped support more than 67 companies.
Organizational model
Nonprofit · National
Location
Oakland, California
Program types
Venture fund
Commercialization pathways
InvestmentStrategic partnership
Focus areas
DigitalOperationalMedical deviceDiagnosticsConsumer
Named initiatives or assets
Kaiser Permanente Ventures
Public scale or maturity signals

Established 1998

Fund V closed at $141 million according to the 2018 Permanente Medicine announcement. Later unofficial biographies describe additional funds; those later figures are not used as public facts in this profile.

Fund V close: Permanente Medicine reported in 2018 that Kaiser Permanente Ventures closed Fund V at $141 million and that assets under management exceeded $500 million at that time.

Official engagement route
Program website ↗Health system website ↗
Last reviewed
August 30, 2026

Mandate and remit

What This Program Does

Kaiser Permanente Ventures is the corporate venture capital arm of Kaiser Permanente. The official About page states that the program was founded more than 25 years ago and that, in partnership with Kaiser Permanente and limited partners, the team has invested in and helped support more than 67 companies. Fund targets listed by the firm are health information technology, digital health, healthcare services, medical devices, and diagnostics and precision medicine. A 2018 Permanente Medicine announcement stated that Kaiser Permanente Ventures closed Fund V at $141 million, bringing assets under management to more than $500 million at that time, and that the firm had invested in more than 70 companies since 1998. That announcement also named Tufts Health Plan, Henry Ford Health System, and Highmark Ventures among Fund V limited partners. Official team materials identify Chris Grant as a co-founder of the 1998 investment program who continues to oversee ventures. This profile describes the publicly documented venture model only. It does not imply that Kaiser Permanente lacks other innovation functions, and it does not evaluate fund performance.

Areas of Focus

DigitalOperationalMedical deviceDiagnosticsConsumer

Commercialization Pathways

These routes appear in the program's sourced public record.

Named Programs and Initiatives

  • Kaiser Permanente Ventures

    Corporate venture capital program investing in healthcare companies aligned with Kaiser Permanente's quality, affordability, and access priorities.

Venture Investment and Company Creation

Fund or office: Kaiser Permanente Ventures

Official materials state that the firm invests in companies addressing unmet needs in health information technology, digital health, healthcare services, medical devices, diagnostics, and precision medicine.

The official About page reports investment in and support for more than 67 companies. The 2018 Fund V announcement reported more than 70 companies since 1998 and more than $500 million under management at fund close.

Fund V closed at $141 million according to the 2018 Permanente Medicine announcement. Later unofficial biographies describe additional funds; those later figures are not used as public facts in this profile.

Publicly Reported Outcomes

  • Fund V close

    Permanente Medicine reported in 2018 that Kaiser Permanente Ventures closed Fund V at $141 million and that assets under management exceeded $500 million at that time.

Leadership and Structure

Organizational home: Kaiser Permanente Ventures, Kaiser Permanente

  • Chris GrantChief Operating Officer and Executive Vice President, The Permanente Federation; oversees ventures Official biography ↗

Contact the Program

Use the program's published contact route for partnership, licensing, innovation, or program inquiries.

Official contact page
Open contact page ↗

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Pittsburgh, Pennsylvania

Allegheny Health Network (with Innovation Works)

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AlphaLab Health is a healthcare and life sciences startup accelerator launched in 2020 as a partnership between Allegheny Health Network, Highmark Health and Innovation Works, with support from Pittsburgh-area universities, corporations and foundations.

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Same program type · Same commercialization route

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Ascension

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Ascension Ventures is the strategic healthcare venture capital arm founded by the Catholic health system Ascension in 2001, and is one of the oldest continuously operating provider-sponsored funds in the United States.

Venture fundInvestmentStrategic partnershipClinicalMedical deviceDiagnostics

Nonprofit

Read the intelligence brief

Editorially verified · Reviewed August 30, 2026

Sources and Updates

Reviewed August 30, 2026. External source links open in a new tab.

  1. About Us - Kaiser Permanente Ventures Kaiser Permanente Ventures. Accessed August 30, 2026.
  2. Kaiser Permanente Ventures closes Fund V with $141 million in total capital Permanente Medicine, 2018. Accessed August 30, 2026.
  3. Chris Grant - Kaiser Permanente Ventures Kaiser Permanente Ventures. Accessed August 30, 2026.

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