OSF Ventures Launches $100M Third Venture Capital Fund
- OSF Ventures, a Peoria, IL-based venture capital firm, launched its third fund
- The $100m fund will be used to continue a strategy that links investments to key priorities of improved patient care, outcomes and greater operational efficiency
- The third fund brings total assets under management in the venture program to $250 million
- OSFVentures is part of the Innovation strategy of OSF HealthCare, a 15-hospital system in Illinois and Michigan
- Investments are focused on digital solutions, tech-enabled services and medical technology, including medical devices, diagnostics and therapeutics
- The corporate investment arm of OSF HealthCare has made 26 direct investments to-date, plus it has invested in three health care-focused venture capital funds