# MemorialCare Innovation Fund

> MemorialCare Innovation Fund is a VC fund backing Health Care and Software. See 34 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Long Beach, United States
- Total investments: 34
- Last investment: Feb 2026
- Lead investor: 29%
- Fund size: $50M
- Last fund: Nov 2012
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/memorialcare-health-system/?originalSubdomain=ph
- X (Twitter): https://twitter.com/memorialcareif
- Website: http://www.memorialcareinnovationfund.com

MemorialCare Innovation Fund (MCIF) is a strategic investment vehicle associated with the MemorialCare Health System. MCIF makes private equity investments in companies interested in developing a synergistic relationship with the system's five medical centers and affiliated physicians. Investments typically include early to mid-stage companiesfocused on medical devices, healthcare information technology or healthcare services.MCIF makes strategic investments in companies with the most innovative products, services and technologies. By seeking to facilitate collaboration between its strategic partners and the MemorialCare Health System, MCIF can provide a valuable gateway for companies to develop and refine their products. In doing so, MCIF supports MemorialCare’s position as a leading integrated healthcare delivery system.For MCIF, a company's strategic relationship and involvement with MemorialCare is as important as the investment opportunity. MCIF provides emerging companies a powerful potential for value creation. This comes from an extensive pool of healthcare talent, experience, knowledge and opportunity available through access to the MemorialCare Health System.

## Contacts

5 contacts available for MemorialCare Innovation Fund. Shizune tracks 4 team members at MemorialCare Innovation Fund. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/memorialcare-innovation-fund?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Health Care | 26 | 76% |
| Software | 10 | 29% |
| Hospital | 7 | 21% |
| Medical | 5 | 15% |
| Medical Device | 5 | 15% |

47 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series B | 10 | 29% |
| Series A | 7 | 21% |
| Funding Round | 4 | 12% |
| Series D | 3 | 9% |
| Venture - Series Unknown | 3 | 9% |

9 stages tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Brant Heise | Managing Director | 10 | https://shizune.co/investors/profile/brant-heise |
| Barry Arbuckle | President and CEO | 0 | https://shizune.co/investors/profile/barry-arbuckle-3c09 |
| Barry Arbuckle | President and CEO | 1 | https://shizune.co/investors/profile/barry-arbuckle |
| Caleb Winder | Managing Director | 16 | https://shizune.co/investors/profile/caleb-winder |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| SpendRule | SpendRule is a contract intelligence platform that validates purchased services invoices against contract terms before payment, turning contracts into the first line of defense against overpayments. | $2M | Seed | Feb 17, 2026 |  |
| Carta Healthcare | Carta empowers hospitals to personalize the delivery of care to the individual needs of each patient. The approach Carta Healthcare is advocating and enabling is to: find past patients similar to the current one being treated; quantify what exactly happened to them during their journey through the hospital (this is where our model comes in) and;use machine learning to project what the particular patient in question will need, and what the patient can expect their experience to be in the hospital. Carta was founded in 2017 and is based in Palo Alto, California, United States. | $18.3M | Series B | May 07, 2025 |  |
| Centivo | Centivo is a new type of health plan administrator that allows self-funded employers and clinicians to join forces and deliver high quality, affordable healthcare to their employees. An alternative to traditional insurance carriers or third-party administrators, Centivo offers the technology, network, claims processing, customer support, andpopulation health management to fully administer health benefits for all or a portion of an employee population.  The Centivo model emphasizes the partnership between individuals and their primary care team as the proper model to coordinate healthcare needs. Centivo’s clinical partners are dedicated to controlling costs and helping members navigate the healthcare system, aided by personalized patient/doctor matching tools. Members are rewarded for working with their primary care team and choosing high-value care and are supported through a user-friendly app and their concierge. Employers get an ally that diligently roots out waste and is accountable for performance.It was formed in 2017 and headquartered in New York, United States. | $75M | Venture - Series Unknown | Sep 24, 2024 |  |
| Lutheran Social Services of Southern California | Lutheran Social Services of Southern California is a non-profit agency that offers healthcare, wellness, and housing counseling services. |  | Grant | Jan 16, 2024 |  |
| Amenities Health | Amenities is the healthcare industry's leading Digital Front Door and patient loyalty platform. We help healthcare providers to acquire new patients and upgrade them to members. Our all-in-one patient app works with most modern EMRs to: 1) register new users into a full EMR account in <30 seconds with full identity verification and noduplicates, 2) help those patients find care options and book appointments with simple, conversion-optimized workflows, 3) seamlessly integrates key patient portal and 3rd party functions (i.e., video visits, secure messaging, test results, and billing), and 4) upgrade patients to members with custom experiences and services offerings (i.e., for Medicare Advantage, concierge memberships, direct-to-employer, or direct primary care patients) | $6.3M | Series A | Sep 19, 2023 |  |
| TytoCare | TytoCare is a mobile-health platform and device, allowing anyone to perform self physical examination and remote diagnosis.Tyto Care has three telehealth products: the TytoHome for consumers, TytoPro for professionals, and TytoClinic for remote point-of-care locations. All solutions are designed to replicate a facetious clinician visit andinclude a modular examination tool for examining the heart, lungs, skin, throat, ears, and body temperature; a complete telehealth platform for sharing exam data, conducting live video exams, and scheduling visits; a cloud-based data repository with analytics; and built-in guidance technology and machine learning algorithms to ensure accuracy and ease of use. TytoCare was founded by Dedi Gilad, Ofer Tzadik in 2012 with a vision to put health in the hands of the consumer. | $49M | Series E | Aug 03, 2023 |  |
| Laudio | Laudio is critical infrastructure for the healthcare workforce. The platform provides CHROs, CNOs, and frontline managers an integrated management system that fills the gap between information and action. With Laudio, health systems dramatically improve employee engagement, increase retention, and reduce burnout. The Laudio platform operationalizesproven leadership best practices and serves up proactive interventions for managers to engage with team members and address risk factors in real-time. Leading health systems such as Sharp, UNC Health, and Boston Medical Center use Laudio to save millions annually and to reduce turnover. To learn more, visit www.laudio.comHow do we do this? Laudio gathers data, multiple times per day, across multiple sources inside the health system: time and attendance data, the schedule, HRIS, nurse preferences, and nurse certifications. This creates a trusted, always up-to-date, and central repository for important information about each staff member. Laudio uses these data to continuously identify research-proven engagement actions: Celebration and recognition, Accountability, Risk of Burnout, Employee onboarding and career development, and Staff level issues.Laudio’s predictive engine finds the staff that will benefit most from outreach every day. The manager makes tailored outreach using the platform in one or two clicks. And Laudio is smart - it continuously identifies what works with any given facility, ward, or manager, while promoting best practices gleaned from across many health systems. | $13M | Series B | Jun 08, 2023 |  |
| Censinet | Censinet fundamentally redefines the way vendor risk is managed in healthcare. Unlike other solutions, Censinet not only streamlines and simplifies workflows, but also standardizes risk questions with breadth and accuracy of risk ratings. Only Censinet was developed exclusively by and for healthcare providers, which makes Censinet the first andonly Collaborative Cloud Platform for Vendor Risk Management. | $9M | Venture - Series Unknown | Jan 11, 2023 |  |
| Asimily | Asimily's IoMT risk remediation platform holistically secures the mission-critical healthcare devices that deliver safe and reliable care.With the largest knowledgebase of medical devices and protocols, Asimily inventories and classifies every device across a healthcare organization, connected and stand-alone. We identify and prioritizevulnerabilities and provide actionable intelligence to remediate vulnerabilities in an efficient and effective manner . Because risk assessment – and threats – aren’t a static target, Asimily monitors your devices, detects anomalous behavior and alerts operators to remediate the identified anomalies. With safe and secure medical devices and traditional IoT, organizations can keep resources safe, patients safe and IT assets secure. Asimily. Healing the Devices That Heal. | $5M | Venture - Series Unknown | Jun 23, 2022 |  |
| Xealth | Xealth is a platform for digital health that enables health systems to easily organize, integrate, deploy and activate digital health tools from within the EHR workflow. Through the secure Xealth platform, clinicians can find and order the right digital tools and programs for patients direct from the EHR workflow, send these digital health ordersto the patient’s smartphone or desktop, and then monitor patient engagement and analyze the effects of more engaged patients. Xealth enables healthcare teams to order digital content and services as easily as they do medications today. The patients can then access these digital health prescriptions from the provider's portal so that they can actively manage their health. It spun out of Providence St. Joseph Health (PSJH) in 2017, and investors include McKesson Ventures, Novartis, Philips, and ResMed as well as Providence Ventures, UPMC, and the Froedtert and Medical College of Wisconsin Health Network. | $25M | Series B | Oct 05, 2021 |  |

10 of 34 investments shown.

## Co-investors
- [New Enterprise Associates](https://shizune.co/investors/profile/new-enterprise-associates) — VC Fund, 4 deals together
- [Ascension Ventures](https://shizune.co/investors/profile/ascension-ventures) — VC Fund, 3 deals together
- [Delphi Ventures](https://shizune.co/investors/profile/delphi-ventures) — VC Fund, 3 deals together
- [Excel Venture Management](https://shizune.co/investors/profile/excel-venture-management) — VC Fund, 3 deals together
- [HLM Venture Partners](https://shizune.co/investors/profile/hlm-venture-partners) — VC Fund, 3 deals together
- [LRVHealth](https://shizune.co/investors/profile/long-river-ventures) — VC Fund, 3 deals together

## Similar investors

### Similar stage
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund
- [FJ Labs](https://shizune.co/investors/profile/fj-labs) — VC Fund

## FAQ

### What does MemorialCare Innovation Fund invest in?

MemorialCare Innovation Fund invests primarily in Health Care, Software and Hospital startups, most often at Series B and Series A stage. Most of the 34 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact MemorialCare Innovation Fund?

Public channels for MemorialCare Innovation Fund include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at MemorialCare Innovation Fund?

The team at MemorialCare Innovation Fund includes Brant Heise (Managing Director), Barry Arbuckle (President and CEO) and Barry Arbuckle (President and CEO). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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