Innospark Ventures

VC Boston, United States · Founded 2018

Innospark Ventures backs visionary technical founders at the earliest stages who leverage deep domain knowledge and artificial intelligence as a core foundation to solve intractable problems across healthcare, life sciences, and enterprise software.

About Innospark Ventures

Innospark Ventures is a Boston-area early-stage fund focused on AI-first companies, investing at seed and Series A across healthcare, enterprise software, and other sectors where AI is a core technology rather than a feature. The fund typically writes $1M to $3M initial checks, can lead or co-lead seed rounds, and reserves capital for follow-on. Healthcare exposure is meaningful and includes clinical AI, healthcare workflow software, and AI for life sciences. AI focus is the primary thesis. Founders best suited are technical CEOs with strong AI credentials, an early product, and a clear path to defensible data or model advantages, particularly in healthcare verticals where domain expertise on the team is evident. Founders who do not fit include traditional healthcare services without an AI core, therapeutics, devices, and consumer wellness businesses where AI is a marketing layer. Geographic preference is US with a Boston and Northeast bias but no hard regional constraint. The entry path is warm introduction through a portfolio CEO, a Boston-area AI operator, or a co-investor at funds like Pillar VC or Glasswing Ventures. LinkedIn outreach to a partner with a focused technical summary and clear data moat thesis is a reasonable secondary option. Expect deep technical diligence on model architecture, data sources, and team AI credentials, alongside standard commercial diligence. Founders should plan to discuss not just market opportunity but the specific reason their AI approach is durable against well-resourced incumbents.

Founder reviews

No founder reviews yet. Raised from this fund? Share your experience with other founders.

Healthcare AI tools backed by Innospark Ventures

Tools made by companies in Innospark Ventures's portfolio that we cover in the directory.

Vheda Health
Vheda Health
Patient Engagement & Education
Vheda Health offers an AI-driven remote patient monitoring platform focused on improving health outcomes and reducing costs for high-risk Medicaid, Medicare, and SNP populations through chronic, behavioral, and maternal health programs.
Dyania Health Clinical Trial Recruitment
Dyania Health
Drug Discovery & Research
Dyania Health's AI-powered software automates patient identification from EHRs for clinical trial recruitment, serving hospitals, health systems, and pharmaceutical companies.

Portfolio companies in our directory

Other portfolio companies

Companies in Innospark Ventures's portfolio not currently in our directory.

Team

Dr. Venkat Srinivasan
Managing Director
LinkedIn
Deepak Verma
Operating Partner
LinkedIn
Matt Fates
Partner
LinkedIn
Brent Willess
Principal
LinkedIn
Mark Legare
Principal
LinkedIn

Pitch / review this investor

Have you raised from Innospark Ventures? Founders only — share your honest experience (anonymous OK, moderated before publishing).

Share your experience
Last updated 2026-05-06. Sourced from this fund's published materials.
AI Tool Finder
AI-powered search. Results may not be comprehensive.