ALLUMIA VENTURES MANAGEMENT, LP
ALLUMIA VENTURES MANAGEMENT, LP is a Seed, Series A, Series B and Series C+ fund in the US writing $500K–$15M checks into Healthcare and healthcare-tech.
- Stages
- Seed, Series A, Series B, Series C+
- Sectors
- Healthcare, healthcare-tech
- Check size
- $500K–$15M
- Invests in
- US-wide
- Actively investing
- Yes
- Founded
- 2015
- Assets under management
- $200M-$250M
- Website
- allumiaventures.com
Thesis
Allumia Ventures, formerly Providence Ventures, is a venture capital firm founded in 2015 and based in Seattle, Washington. Specializing in commercial-stage healthcare companies that utilize technology, the firm targets Digital Health, Tech-enabled Healthcare Services, and MedTech sectors. Their investment strategy focuses on revenue-generating companies, typically at Series A through C stages, with a primary geographic scope in the United States, though they consider ex-US companies with a strong US presence. Allumia Ventures prefers to lead or co-lead investment rounds and actively seeks board seats. They offer a hands-on partnership model, providing capital, strategic support, operational guidance, and access to a network of healthcare organizations, notably Providence as a cornerstone LP. Their third fund, Allumia Ventures Fund III, had an anchor commitment of $150 million and was targeting $200-250 million. Typical initial investments range from $5-10 million, with potential for up to $15 million per company, and for earlier stages (seed to Series A), investments range from a few hundred thousand to several million dollars.
Common questions
Does ALLUMIA VENTURES MANAGEMENT, LP invest at the Seed stage?
Yes. ALLUMIA VENTURES MANAGEMENT, LP lists Seed, Series A, Series B and Series C+ among the stages it invests in.
What check size does ALLUMIA VENTURES MANAGEMENT, LP write?
ALLUMIA VENTURES MANAGEMENT, LP writes $500K–$15M checks.
Where does ALLUMIA VENTURES MANAGEMENT, LP invest?
ALLUMIA VENTURES MANAGEMENT, LP invests in the US.