Providence Health Care Ventures

Founded in 2018, Providence Health Care Ventures (PHCV) is a corporate venture capital arm of Providence Health Care based in Vancouver, Canada. The firm is the only hospital-backed venture fund in British Columbia, providing us with a unique vantage point for identifying, validating, and scaling healthcare innovations. The firm invests at the intersection of healthcare and innovation, with a mandate to accelerate technologies that improve patient outcomes and enhance health system sustainability. The firm also prioritizes early-stage investments (preseed and seed) while remaining open to opportunities across Canada and globally where strategic alignment exists. The firm's investment criteria emphasize market scalability, technology differentiation, early traction, clear exit pathways, and alignment with Providence Health Care's (PHC) mission of advancing care, research, and health equity. As a hospital-based venture fund, they bring not only capital but also clinical expertise, access to real-world testing environments, and pathways for adoption.