Interview with Cyril Philip, Principal at Providence Ventures, one of the top investors recognized within the healthcare industry.
1:08: Who is Providence Ventures?
4:20: Why did Providence decide to create their own venture capital arm?
7:26: Healthcare is so vast, how do you filter this industry?
11:00: You seem to focus on operational healthcare solutions, why?
14:54: Are you looking for moonshots or something practical as an early stage healthcare investor?
17:40: What do you see in healthcare most people don’t?
21:05: Can it be limiting to invest in healthcare?
25:00: Can you highlight some of your investments?
31:55: Do you focus on platform plays or tools for specific conditions?
35:15: Healthcare has long sales cycles - how does this shape your investment thesis?
39:00: How does the pandemic change your outlook on healthcare?
49:11: Are there any healthcare technology companies you’re excited about?
53:20: Highlighting unique features of Providence Ventures - synergy team, portfolio development strategy.
57:08: Closing Remarks
About Providence Ventures: Providence Ventures, founded in 2014, manages $300 million in venture capital funds on behalf of Providence St. Joseph Health (PSJH), one of the largest integrated health systems in the US. Providence Ventures' mission is to achieve venture and growth equity class returns through direct investments in innovative healthcare companies that improve health outcomes, lower costs, and enhance the experience of our patients and caregivers. Providence Ventures offers investment capital, combined with health system expertise, to companies addressing existing and emerging pain points in healthcare. Providence Ventures partners with our portfolio companies to refine existing solutions, while expanding their adoption within and beyond our health system. Visit: www.providenceventures.org
