Organization · Venture Capital
Lemhi Ventures
Lemhi Ventures is a U.S.-based venture capital firm founded in 2006, focusing on healthcare services. The firm invests in disruptive innovations and technologies aimed at improving health outcomes and reducing costs.
Overview
What Lemhi Ventures does
What Lemhi Ventures is
Lemhi Ventures is a U.S.-based venture capital firm founded in 2006, focusing on healthcare services. The firm invests in disruptive innovations and technologies aimed at improving health outcomes and reducing costs.
How it participates in the startup ecosystem
The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Venture Capital
- Founded
- Founded in 2006
- Approximate age
- About 20 years
- Structured capabilities
- Funder
- Last reviewed
- April 26, 2026
Official channels
Find Lemhi Ventures elsewhere
Open the official website or a supported primary organization account.
Capability profile
Lemhi Ventures as a funder
Investment thesis
Lemhi Ventures focuses on transforming the healthcare system through investments in disruptive healthcare services models, technology, and data. The firm emphasizes operational experience and seeks to support entrepreneurs innovating within the healthcare sector.
Focus narrative
Lemhi Ventures primarily invests in healthcare services, emphasizing the importance of operational experience and active involvement in the companies it supports. The firm seeks to back entrepreneurs who are changing healthcare services infrastructure, care delivery, benefits, payment, and related health system operations.
Value beyond capital
Lemhi Ventures adds value to its portfolio companies through active involvement and operational expertise. The firm emphasizes its team's deep operating experience, aiming to help companies navigate challenges and break new ground in the healthcare sector.
Terms and economics
- Typical check
- $1,000,000
Focus and fit
- Stages
- Seed · Friends and Family · Angel · Accelerator · Series A · Series B · Series C · Growth Equity
- Regions
- United States
Availability
- Currently deploying
- Yes
Portfolio and track record
- Recorded notable exits
- DNA Direct, Liazon Corporation, Carol Corporation, DestinationRx, and ABILITY Network Inc.
Portfolio context
Aegle Health Partners: Developed a proprietary system for On-Demand Financing to address high deductible costs in healthcare. Mendota Health: Created a wound care clinic model that provides treatment for complex wounds in patients' homes. Reemo Health: Transformed a wearable device into a digital health intervention aimed at improving remote patient monitoring for older populations. Harbor Health: A health system that assumes full financial risk with its members and payers to achieve better health outcomes at lower costs. Bind Benefits: Health plan model acquired by UnitedHealth Group in 2021. Recondo Technology: Revenue cycle automation company acquired by Waystar in 2019. Digital Reasoning: Cognitive computing/software company acquired by Smarsh in 2020.
Common questions
What to know about Lemhi Ventures
Upseed classifies Lemhi Ventures under the Venture Capital organization type. Its current public profile includes funder capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
April 26, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.