Lemhi Ventures

Lemhi Ventures, established in 2006 and based in Wayzata, Minnesota, is a venture capital firm specializing in early-stage investments in the U.S. healthcare services sector. The firm focuses on incubating and seed-funding innovative companies with disruptive business models, aiming to be a lead investor and often taking a board seat. Lemhi Ventures was founded by experienced entrepreneurs and executives, drawing on their diverse backgrounds to identify and support promising healthcare services startups.

Tony Miller

Managing Partner

Anthony Miller

Founder and Managing Partner

John Park

Partner

Matt Scholl

General Partner

Past deals in Minnesota

RetraceHealth

Series A in 2016
RetraceHealth, Inc. operates an online platform that facilitates urgent and routine healthcare through video visits and in-person home visits. The platform focuses on providing services in preventive care, pediatric care, primary care, and management of chronic conditions such as high blood pressure and diabetes. Patients can access care via video visits in Minnesota and Wisconsin, while home visits are available in the Twin Cities metro area and other locations. Founded in 2013 and based in Minneapolis, Minnesota, RetraceHealth aims to deliver high-quality primary care that is both personal and affordable, offering services comparable to those found in traditional clinics but delivered directly to patients' homes. The company emphasizes accessible care options, connecting patients with trusted clinical professionals through technology-driven solutions.

ABILITY Network

Series C in 2011
ABILITY Network Inc. is a healthcare information technology company that focuses on simplifying the administrative and clinical complexities faced by healthcare providers and payers. Founded in 2000 and based in Minneapolis, Minnesota, the company offers a range of services including billing, Medicare claims processing, revenue cycle management, and patient payment solutions. It also provides eligibility verification services and workforce management tools such as scheduling and credentialing. By connecting thousands of hospitals, skilled nursing facilities, and healthcare providers through a secure web-based network, ABILITY Network facilitates millions of transactions daily, earning the trust of both healthcare providers and governmental entities like Medicare. The company serves a diverse clientele, including health systems, clinics, and home health agencies, positioning itself as a vital player in the healthcare technology landscape.

ABILITY Network

Venture Round in 2007
ABILITY Network Inc. is a healthcare information technology company that focuses on simplifying the administrative and clinical complexities faced by healthcare providers and payers. Founded in 2000 and based in Minneapolis, Minnesota, the company offers a range of services including billing, Medicare claims processing, revenue cycle management, and patient payment solutions. It also provides eligibility verification services and workforce management tools such as scheduling and credentialing. By connecting thousands of hospitals, skilled nursing facilities, and healthcare providers through a secure web-based network, ABILITY Network facilitates millions of transactions daily, earning the trust of both healthcare providers and governmental entities like Medicare. The company serves a diverse clientele, including health systems, clinics, and home health agencies, positioning itself as a vital player in the healthcare technology landscape.
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