Providence Digital Innovation Group
Providence Ventures Spins Out as Independent Allumia Ventures with $150 Million Healthcare Fund Backed by Providence
Providence Ventures has spun out to become the independent venture capital firm Allumia Ventures, raising a new $150 million fund backed by Providence. The firm focuses on mission-driven healthcare investments and plans to expand its investor base to enhance due diligence and support for healthcare startups.
Rose Health wins Cambia Grove’s TRAILS competition; to develop platform with Providence Digital Innovation Group and MultiCare
Baltimore-based mental health startup Rose Health won the TRAILS behavioral-health startup competition hosted by Seattle’s Cambia Grove, earning a partnership to develop its platform with Providence Digital Innovation Group and MultiCare Behavioral Health Network. Founded by CEO Kavi Misri and recently raising $1.7 million in seed funding, Rose offers patient self-care tools and a clinician dashboard with behavioral specialists supporting each healthcare customer.
