Investments
43Portfolio Exits
13Partners & Customers
1About Intermountain Ventures
Intermountain Ventures operates as an investment vehicle of Intermountain Healthcare. Its purpose is to source, evaluate, and invest in companies that represent a return, growth opportunity, and that align with its objective to help people. It was founded in 2019 and is based in Salt Lake City, Utah.
Research containing Intermountain Ventures
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Intermountain Ventures in 1 CB Insights research brief, most recently on Jul 15, 2024.
Latest Intermountain Ventures News
Oct 20, 2025
BOSTON--(BUSINESS WIRE)--knownwell, a nationwide leader in obesity medicine and weight-inclusive primary care, today announced $25 million in an oversubscribed, strategic-led financing. The round was led by CVS Health® Ventures, with participation from MassMutual Catalyst Fund, Intermountain Ventures, and others, along with continued support from existing investors a16z Bio + Health and Flare Capital Partners, bringing knownwell’s total funding to over $50 million. The company also welcomes Oak
Intermountain Ventures Investments
43 Investments
Intermountain Ventures has made 43 investments. Their latest investment was in knownwell as part of their Series B on October 20, 2025.
Intermountain Ventures Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
10/20/2025 | Series B | knownwell | $25M | Yes | Andreessen Horowitz, CVS Health Ventures, Flare Capital Partners, Geoff Price, MassMutual, and Undisclosed Investors | 4 |
10/9/2025 | Series A | Foundation Health | $20M | Yes | Define Ventures, Undisclosed Investors, and Vanderbilt University | 2 |
8/13/2025 | Series A | Visana Health | $24M | Yes | 2 | |
6/25/2025 | Series B | |||||
6/17/2025 | Unattributed VC |
Date | 10/20/2025 | 10/9/2025 | 8/13/2025 | 6/25/2025 | 6/17/2025 |
|---|---|---|---|---|---|
Round | Series B | Series A | Series A | Series B | Unattributed VC |
Company | knownwell | Foundation Health | Visana Health | ||
Amount | $25M | $20M | $24M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | Andreessen Horowitz, CVS Health Ventures, Flare Capital Partners, Geoff Price, MassMutual, and Undisclosed Investors | Define Ventures, Undisclosed Investors, and Vanderbilt University | |||
Sources | 4 | 2 | 2 |
Intermountain Ventures Portfolio Exits
13 Portfolio Exits
Intermountain Ventures has 13 portfolio exits. Their latest portfolio exit was Omada Health on June 06, 2025.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
6/6/2025 | IPO | Public | 8 | ||
12/30/2024 | Acquired | 2 | |||
1/31/2024 | Acquired | 5 | |||
Date | 6/6/2025 | 12/30/2024 | 1/31/2024 | ||
|---|---|---|---|---|---|
Exit | IPO | Acquired | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | Public | ||||
Sources | 8 | 2 | 5 |
Intermountain Ventures Partners & Customers
1 Partners and customers
Intermountain Ventures has 1 strategic partners and customers. Intermountain Ventures recently partnered with Layer Health on June 6, 2025.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
6/20/2025 | Partner | United States | Layer Health and Intermountain Health to Deploy AI for Clinical Data Abstraction -- The partnership aims to improve the accuracy , efficiency , and scalability of clinical data abstraction , making Intermountain Health a significant innovation partner and early adopter of Layer Health 's AI-powered chart-review platform . | 1 |
Date | 6/20/2025 |
|---|---|
Type | Partner |
Business Partner | |
Country | United States |
News Snippet | Layer Health and Intermountain Health to Deploy AI for Clinical Data Abstraction -- The partnership aims to improve the accuracy , efficiency , and scalability of clinical data abstraction , making Intermountain Health a significant innovation partner and early adopter of Layer Health 's AI-powered chart-review platform . |
Sources | 1 |
Intermountain Ventures Team
2 Team Members
Intermountain Ventures has 2 team members, including current Managing Partner, Nickolas Mark.
Name | Work History | Title | Status |
|---|---|---|---|
Nickolas Mark | Managing Partner | Current | |
Name | Nickolas Mark | |
|---|---|---|
Work History | ||
Title | Managing Partner | |
Status | Current |
Loading...