Abundant Venture Partners Launches Venture Growth Platform Supported By 17 Healthcare Provider Organizations
ChristianaCare, Kettering Health, Medical University of South Carolina, Lurie Children's Hospital of Chicago, MedStar Health, Sharp HealthCare, others join Abundant platform to build high value, sustainable companies that benefit healthcare providers.
CHICAGO, May 15, 2025 /PRNewswire/ -- Abundant Venture Partners announces the launch of the Abundant Platform to grow high value, sustainable companies that benefit healthcare provider organizations. The platform accelerates commercialization through the Abundant Venture Studio, ensures rapid adoption via the Abundant Alliance of healthcare providers, and drives scale with aligned, provider-backed seed and series A venture funds.
"Health systems have taken unnecessary risk and haven't been rewarded adequately for their work with early stage ventures," explained Harry Kirschner, Chief Executive Officer, Abundant Alliance. "After decades of reacting to the market and choosing what new innovations to 'bet on,' healthcare providers can now be in the driver seat and work closely with their peers to de-risk and accelerate the operational and equity impact from work with early stage ventures."
Health system members of the Abundant Platform play a pivotal role as co-developers, early adopters, and aligned owners, and are rewarded threefold for their participation. "We came to Abundant with a concept and IP that demonstrated great outcomes at our health system, yet we knew it had broader potential," said William Sheahan, Chief Innovation Officer, MedStar Health. "Abundant uniquely positioned us to explore and launch a new company with other providers signed on as co-developers, investors, and customers."
Abundant only backs companies that have been vetted to address critical challenges that drive sustainable value and create equity earning opportunities for healthcare providers. "Our partnership with Abundant has accelerated our health system's efforts to get more involved with evaluating and adopting 'outside-in' solutions with demonstrated outcomes while also creating a platform for our internal teams to focus our 'inside-out' innovations on capabilities with broader appeal," said Michael Gentry, Chief Executive Officer, Kettering Health. "It's great to be part of a collaborative where health systems drive the strategy and stand to reap the benefits."
"Health systems are more than just providers of medical care—they are the backbone of their communities, fostering economic stability and innovation," said Leo Brubaker, Managing Partner, Abundant Venture Partners. "The Abundant Platform enables health systems to take an active role in shaping the future of healthcare—creating and scaling solutions that not only improve patient outcomes but also strengthen the communities they serve."
Abundant plans to select up to ten additional healthcare provider organizations to join the Alliance and is actively reviewing early-stage startups and entrepreneurs for Platform evaluation. To learn more or apply, visit abundantventurepartners.com.
ABOUT ABUNDANT VENTURE PARTNERS
Founded in 2011, Abundant Venture Partners has developed a collaboration platform that grows high value, sustainable companies to benefit healthcare providers. The platform accelerates commercialization through the Abundant Venture Studio, ensures rapid adoption via the Abundant Alliance of healthcare providers, and drives scale with aligned, provider-backed seed and series A venture funds. Through a unique combination of aligned ownership, capital efficiency, and focus on strategic impact, Abundant is directing more than $80 billion in healthcare provider buying power toward opportunities that shave years and millions of dollars off the traditional healthcare innovation process. To date, the firm has made 36 investments and founded 19 companies.
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SOURCE Abundant Venture Partners