Investments
127Portfolio Exits
37Funds
2About Ascension Ventures
Ascension Ventures, a wholly owned subsidiary of Ascension Health, is a strategic health venture fund specializing in venture and growth equity investments in healthcare information technology and services, and medical devices and diagnostics.
Ascension Ventures Headquarter Location
101 South Hanley Road Suite 200
St. Louis, Missouri, 63105,
United States
314-733-8100
Research containing Ascension Ventures
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CB Insights Intelligence Analysts have mentioned Ascension Ventures in 1 CB Insights research brief, most recently on Nov 4, 2019.
Latest Ascension Ventures News
Sep 1, 2021
UK charging platform Bonnet raises $1.3 million in new funding Posted UK startup Bonnet has raised £920,000 ($1.3 million) in new funding, including £850,000 in an equity financing round led by Ascension Ventures and a £70,000 grant from Innovate UK and OZEV (government-funded entities that promote the British EV industry). Bonnet is a charging platform designed to simplify paying for public charging. There are currently over 40 charging networks operating in the UK, each with its own payment system. Bonnet’s platform is designed to offer drivers seamless access to multiple networks, with 24/7 support. The Bonnet app gives drivers real-time data on charger availability and functionality (drawn from multiple sources) and offers drivers bundles of charging credit that they can use across networks, rolling over unused credit into the next month. The new funding will be used to grow Bonnet’s ten-strong team, and to expand its partnerships with network operators. Since its 2019 launch, Bonnet has aggregated charging points in 1,400 locations across the UK, and aims to be integrated with 70% of the country’s public charging stations by the end of 2021. The company also plans to offer access to semi-public and private charging points. “We’ve seen a real acceleration in the growth of our platform. In the past six months alone, we’ve partnered with the likes of ESB, Shell Recharge, EVBox, Alfa Power, Franklin Energy, Plug-N-Go, Allego, Fastned and char.gy to provide cheaper and simpler public charging for customers,” said co-founder and CEO Patrick Reich. “Our goal is to [make charging] more democratic and accessible—particularly for drivers in urban areas who need on-demand, affordable public chargepoint access. By expanding our offering this year, Bonnet can become the top resource for drivers looking for reliable real-time chargepoint data and simple EV payments—we’re committed to ensuring EV drivers never overpay again.” Daily
Ascension Ventures Investments
127 Investments
Ascension Ventures has made 127 investments. Their latest investment was in Elation Health as part of their Series D on July 7, 2022.
Ascension Ventures Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
7/26/2022 | Series D | Elation Health | $50M | Yes | 3 | |
3/10/2022 | Series E | RefleXion | $80M | Yes | 10 | |
11/16/2021 | Series D | Cala Health | $77M | Yes | 17 | |
7/2/2021 | Series A - II | |||||
3/2/2021 | Series B |
Date | 7/26/2022 | 3/10/2022 | 11/16/2021 | 7/2/2021 | 3/2/2021 |
---|---|---|---|---|---|
Round | Series D | Series E | Series D | Series A - II | Series B |
Company | Elation Health | RefleXion | Cala Health | ||
Amount | $50M | $80M | $77M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 3 | 10 | 17 |
Ascension Ventures Portfolio Exits
37 Portfolio Exits
Ascension Ventures has 37 portfolio exits. Their latest portfolio exit was Intelligent Medical Objects on March 31, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
3/31/2022 | Acq - Fin | 2 | |||
11/24/2021 | IPO | Public | 2 | ||
11/8/2021 | Acquired | 5 | |||
Date | 3/31/2022 | 11/24/2021 | 11/8/2021 | ||
---|---|---|---|---|---|
Exit | Acq - Fin | IPO | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | Public | ||||
Sources | 2 | 2 | 5 |
Ascension Ventures Fund History
2 Fund Histories
Ascension Ventures has 2 funds, including Collaborative Health Ventures V.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
3/5/2021 | Collaborative Health Ventures V | $285M | 2 | ||
12/6/2016 | CHV IV |
Closing Date | 3/5/2021 | 12/6/2016 |
---|---|---|
Fund | Collaborative Health Ventures V | CHV IV |
Fund Type | ||
Status | ||
Amount | $285M | |
Sources | 2 |
Ascension Ventures Team
5 Team Members
Ascension Ventures has 5 team members, including current Senior Managing Director, Tara Butler.
Name | Work History | Title | Status |
---|---|---|---|
Tara Butler | Senior Managing Director | Current | |
Matt Herman | Senior Managing Director | Current | |
John Kuelper | Senior Managing Director | Current | |
Ryan L. Schuler | Managing Director | Current | |
Jamie Wehrung | Senior Director | Current |
Name | Tara Butler | Matt Herman | John Kuelper | Ryan L. Schuler | Jamie Wehrung |
---|---|---|---|---|---|
Work History | |||||
Title | Senior Managing Director | Senior Managing Director | Senior Managing Director | Managing Director | Senior Director |
Status | Current | Current | Current | Current | Current |
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