# SmartForest Ventures

> SmartForest Ventures is a VC fund in Portland backing Software, mHealth and Health Care. See 7 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Portland, United States
- Total investments: 7
- Last investment: Apr 2008
- Lead investor: 14%
- Last updated: Aug 2026
- Website: http://www.smartforest.com

SmartForest Ventures is a VC fund in Portland focused on Software and mHealth. SmartForest Ventures, an early-stage, venture-capital firm targeting the best new technology companies in the Pacific Northwest, was formed in 2000 to develop successful, fast-growth companies by providing capital as well as expertise and mentoring. The objective: to nurture the ideas of innovative, high-tech entrepreneurs and accelerate theirdevelopment by offering much more than just funding as one of the first incubators in Portland. SmartForest was formed by Hugh Mackworth and Debi Coleman.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 2 | 29% |
| mHealth | 1 | 14% |
| Health Care | 1 | 14% |
| Semiconductor | 1 | 14% |
| Nanotechnology | 1 | 14% |

8 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 3 | 43% |
| Series C | 2 | 29% |
| Series B | 1 | 14% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| NexPlanar | NexPlanar builds chemical mechanical planarization (CMP) pads for the semiconductor device industry. Their propriety nano-domain technology coupled with patented molded grooves and the unique ability to tune the pads results in dramatically improved yields and lower cost of ownership with extended pad life.The company manufactures in Hopkins,Minnesota and at its new headquarters in Hillsboro, Oregon. | $14.5M | Series C | Apr 09, 2008 |  |
| Enli Health Intelligence Corp. | Kryptiq is a healthcare connectivity company that facilitates a first-of-its-kind, open collaborative network for healthcare. This network connects physicians with each other and their patients by giving mobility to vital healthcare data. More than 30,000 physicians use products in the Connect IQ® suite, as part of this nationwide network.Through its affordable and pragmatic technologies, Kryptiq enables these providers to digitally communicate, share and utilize vital information effectively. Physicians gain better patient engagement, optimize practice revenue and enhance communication with colleagues, patients and across the healthcare ecosystem.The Connect IQ Suite allows physicians to build on existing investments in practice management, EHR and HIE systems. For those without a current technology platform, Connect IQ allows physicians to share information simply, by eliminating unreliable paper-based workflows. Many of America’s top providers and leading healthcare IT vendors rely on Kryptiq and its strategic partners and relationships, such as GE Healthcare, Microsoft, and Sage Software, to improve business results and enhance care. Organizations such as Providence Health System, MedStar Health, Village Health Partners and MeritCare Health System turn to Kryptiq to achieve new levels of data mobility and accessibility. The healthcare collaboration company’s solutions improve workflow, and foster greater communication among providers and their patients.####Kryptiq Corporation changed its name to Enli Health Intelligence Corporation#### |  | Series C | Oct 21, 2006 |  |
| IPextreme | IPextreme, Inc. licenses silicon-proven intellectual properties (IPs) and methodologies developed by semiconductor companies to system-on-chip designers in the United States and internationally. The company sells silicon-proven intellectual properties of semiconductor companies; and provides training and deployment, consulting, and support servicesto system-on-chip designers. It also offers CoReUse, an enterprise-class design reuse infrastructure from NXP Semiconductors that provides a framework for companies to develop and use semiconductor intellectual properties. In addition, the company develops and offers XPack, an IP packaging and delivery system in software-as-a-service model for packaging, delivering, and supporting IPs. IPextreme, Inc. was founded in 2004 and is headquartered in Campbell, California with additional offices in Munich, Germany; and Tokyo, Japan. | $6M | Series A | May 16, 2005 |  |
| Enli Health Intelligence Corp. | Kryptiq is a healthcare connectivity company that facilitates a first-of-its-kind, open collaborative network for healthcare. This network connects physicians with each other and their patients by giving mobility to vital healthcare data. More than 30,000 physicians use products in the Connect IQ® suite, as part of this nationwide network.Through its affordable and pragmatic technologies, Kryptiq enables these providers to digitally communicate, share and utilize vital information effectively. Physicians gain better patient engagement, optimize practice revenue and enhance communication with colleagues, patients and across the healthcare ecosystem.The Connect IQ Suite allows physicians to build on existing investments in practice management, EHR and HIE systems. For those without a current technology platform, Connect IQ allows physicians to share information simply, by eliminating unreliable paper-based workflows. Many of America’s top providers and leading healthcare IT vendors rely on Kryptiq and its strategic partners and relationships, such as GE Healthcare, Microsoft, and Sage Software, to improve business results and enhance care. Organizations such as Providence Health System, MedStar Health, Village Health Partners and MeritCare Health System turn to Kryptiq to achieve new levels of data mobility and accessibility. The healthcare collaboration company’s solutions improve workflow, and foster greater communication among providers and their patients.####Kryptiq Corporation changed its name to Enli Health Intelligence Corporation#### |  | Series B | Apr 26, 2005 |  |
| Attensa | Attensa is an innovator of hybrid information aggregating and delivery platform that simply gets the right information to the right people at the right time in a way that drives business results and better relationships. Its platform provides a single place for people to connect with the information that matters to them by focusing attention onrelevant information without asking them to change their behavior for consuming it that enable users to better connect with the information they need for their purpose. | $2M | Series A | Jul 28, 2004 |  |
| NexPlanar | NexPlanar builds chemical mechanical planarization (CMP) pads for the semiconductor device industry. Their propriety nano-domain technology coupled with patented molded grooves and the unique ability to tune the pads results in dramatically improved yields and lower cost of ownership with extended pad life.The company manufactures in Hopkins,Minnesota and at its new headquarters in Hillsboro, Oregon. | $9M | Series A | Mar 01, 2004 |  |
| Enli Health Intelligence Corp. | Kryptiq is a healthcare connectivity company that facilitates a first-of-its-kind, open collaborative network for healthcare. This network connects physicians with each other and their patients by giving mobility to vital healthcare data. More than 30,000 physicians use products in the Connect IQ® suite, as part of this nationwide network.Through its affordable and pragmatic technologies, Kryptiq enables these providers to digitally communicate, share and utilize vital information effectively. Physicians gain better patient engagement, optimize practice revenue and enhance communication with colleagues, patients and across the healthcare ecosystem.The Connect IQ Suite allows physicians to build on existing investments in practice management, EHR and HIE systems. For those without a current technology platform, Connect IQ allows physicians to share information simply, by eliminating unreliable paper-based workflows. Many of America’s top providers and leading healthcare IT vendors rely on Kryptiq and its strategic partners and relationships, such as GE Healthcare, Microsoft, and Sage Software, to improve business results and enhance care. Organizations such as Providence Health System, MedStar Health, Village Health Partners and MeritCare Health System turn to Kryptiq to achieve new levels of data mobility and accessibility. The healthcare collaboration company’s solutions improve workflow, and foster greater communication among providers and their patients.####Kryptiq Corporation changed its name to Enli Health Intelligence Corporation#### |  | Series A | Aug 29, 2003 |  |

7 of 7 investments shown.

## Co-investors
- [Voyager Capital](https://shizune.co/investors/profile/voyager-capital) — VC Fund, 3 deals together
- [BlueRun Ventures](https://shizune.co/investors/profile/bluerun-ventures) — VC Fund, 2 deals together
- Finaventures — VC Fund, 2 deals together
- [Intel Capital](https://shizune.co/investors/profile/intel-capital) — VC Fund, 2 deals together
- [Shelter Capital Partners](https://shizune.co/investors/profile/shelter-capital-partners) — VC Fund, 2 deals together
- [Alloy Ventures](https://shizune.co/investors/profile/alloy-ventures) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

## FAQ

### What does SmartForest Ventures invest in?

SmartForest Ventures invests primarily in Software, mHealth and Health Care startups, most often at Series A and Series C stage. Most of the 7 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did SmartForest Ventures last invest?

The most recent investment recorded for SmartForest Ventures closed in Apr 2008. Shizune tracks 7 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### 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.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co