Intermountain Ventures

Intermountain Ventures is the venture arm of Intermountain Health, a large integrated system based in Salt Lake City. The fund backs value-based care delivery models and enterprise digital health platforms, with declared focus on care delivery and digital health. AI is not a stated investment theme, although value-based care infrastructure increasingly relies on data analytics.

Intermountain Ventures invests at Series A and Series B with $1M to $5M checks. Its strategic value comes from access to one of the more sophisticated value-based care environments in the country, which is especially useful for companies whose business models depend on risk-bearing arrangements. U.S. companies are the natural fit.

Founders should approach with a clear hypothesis about how Intermountain can serve as both a clinical validation site and a payer-aligned partner. The most productive entry points are through clinical innovation leadership or value-based care operators rather than purely investment-side contacts. Diligence typically pairs venture rigor with attention to financial models that work under capitated or risk-shared contracts. Limited public information is available about portfolio cadence.