SpringRock Ventures

SpringRock Ventures, established in 2015 and headquartered in Seattle, Washington, is a venture capital firm focusing on investing in early to late-stage healthcare and technology companies. It primarily targets digital health, SaaS, medical devices, oral health, and wellness sectors, with a typical investment size ranging from $2 million to $5 million. The firm aims to support innovative companies that improve general health and have high growth potential, considering investments throughout North America.

Eric Bell

Managing Director

Kirsten Morbeck

Managing Director

Past deals in Washington

DexCare

Series C in 2023
DexCare is a Seattle-based company founded in 2021 that specializes in providing a platform-as-a-service solution for managing health system capacity and demand across various lines of care. The company's platform aims to transform traditional patient-to-provider relationships into scalable digital experiences, thereby increasing revenue from new patients while reducing acquisition costs. By optimizing access to healthcare services, DexCare helps healthcare institutions generate new patients, enhance satisfaction, achieve cost savings, and ensure that patients receive timely and effective care.

Outbound AI

Seed Round in 2023
Outbound AI is a Seattle-based startup founded in 2021 that specializes in conversational AI tailored for the healthcare sector. The company focuses on automating and streamlining back-office administrative tasks within the revenue cycle, such as claim status checks, eligibility and benefits verification, explanation of benefits capture, and prior authorization processes. By leveraging cloud technologies and a real-time inference engine, Outbound AI enhances productivity and improves the work experience for healthcare professionals. The company's offerings feature AI agents specifically trained to operate within the standard workflows of healthcare roles, promoting greater accuracy and transparency. Outbound AI is supported by a team of experienced professionals from health and voice technology backgrounds, along with backing from prominent venture capital firms.

DexCare

Series B in 2022
DexCare is a Seattle-based company founded in 2021 that specializes in providing a platform-as-a-service solution for managing health system capacity and demand across various lines of care. The company's platform aims to transform traditional patient-to-provider relationships into scalable digital experiences, thereby increasing revenue from new patients while reducing acquisition costs. By optimizing access to healthcare services, DexCare helps healthcare institutions generate new patients, enhance satisfaction, achieve cost savings, and ensure that patients receive timely and effective care.

NextStep

Venture Round in 2021
NextStep is an information technology company based in Seattle, Washington, founded in 2018. It specializes in providing training and job placement services through a mobile and web-based platform. The company focuses on the healthcare sector, offering a certified nursing assistant (CNA) training program and facilitating the recruitment, training, and placement of individuals for entry-level healthcare positions, including community health workers, home health aides, and medical assistants. NextStep aims to enable individuals to quickly and affordably re-skill themselves while assisting employers in the healthcare industry in finding qualified personnel.

Outbound AI

Seed Round in 2021
Outbound AI is a Seattle-based startup founded in 2021 that specializes in conversational AI tailored for the healthcare sector. The company focuses on automating and streamlining back-office administrative tasks within the revenue cycle, such as claim status checks, eligibility and benefits verification, explanation of benefits capture, and prior authorization processes. By leveraging cloud technologies and a real-time inference engine, Outbound AI enhances productivity and improves the work experience for healthcare professionals. The company's offerings feature AI agents specifically trained to operate within the standard workflows of healthcare roles, promoting greater accuracy and transparency. Outbound AI is supported by a team of experienced professionals from health and voice technology backgrounds, along with backing from prominent venture capital firms.

DexCare

Series A in 2021
DexCare is a Seattle-based company founded in 2021 that specializes in providing a platform-as-a-service solution for managing health system capacity and demand across various lines of care. The company's platform aims to transform traditional patient-to-provider relationships into scalable digital experiences, thereby increasing revenue from new patients while reducing acquisition costs. By optimizing access to healthcare services, DexCare helps healthcare institutions generate new patients, enhance satisfaction, achieve cost savings, and ensure that patients receive timely and effective care.

NextStep

Venture Round in 2021
NextStep is an information technology company based in Seattle, Washington, founded in 2018. It specializes in providing training and job placement services through a mobile and web-based platform. The company focuses on the healthcare sector, offering a certified nursing assistant (CNA) training program and facilitating the recruitment, training, and placement of individuals for entry-level healthcare positions, including community health workers, home health aides, and medical assistants. NextStep aims to enable individuals to quickly and affordably re-skill themselves while assisting employers in the healthcare industry in finding qualified personnel.

NextStep

Venture Round in 2020
NextStep is an information technology company based in Seattle, Washington, founded in 2018. It specializes in providing training and job placement services through a mobile and web-based platform. The company focuses on the healthcare sector, offering a certified nursing assistant (CNA) training program and facilitating the recruitment, training, and placement of individuals for entry-level healthcare positions, including community health workers, home health aides, and medical assistants. NextStep aims to enable individuals to quickly and affordably re-skill themselves while assisting employers in the healthcare industry in finding qualified personnel.

NextStep

Series A in 2019
NextStep is an information technology company based in Seattle, Washington, founded in 2018. It specializes in providing training and job placement services through a mobile and web-based platform. The company focuses on the healthcare sector, offering a certified nursing assistant (CNA) training program and facilitating the recruitment, training, and placement of individuals for entry-level healthcare positions, including community health workers, home health aides, and medical assistants. NextStep aims to enable individuals to quickly and affordably re-skill themselves while assisting employers in the healthcare industry in finding qualified personnel.

NextStep

Seed Round in 2018
NextStep is an information technology company based in Seattle, Washington, founded in 2018. It specializes in providing training and job placement services through a mobile and web-based platform. The company focuses on the healthcare sector, offering a certified nursing assistant (CNA) training program and facilitating the recruitment, training, and placement of individuals for entry-level healthcare positions, including community health workers, home health aides, and medical assistants. NextStep aims to enable individuals to quickly and affordably re-skill themselves while assisting employers in the healthcare industry in finding qualified personnel.

Saykara

Seed Round in 2018
Saykara, Inc. is a healthcare technology company based in Seattle, Washington, founded in 2015. The company focuses on addressing physician burnout and enhancing productivity through its voice-enabled mobile app, Kara, which serves as an ambient and autonomous AI assistant. Kara significantly reduces the time physicians spend on charting by 70% and completely eliminates after-hours charting, while also improving the quality and completeness of clinical notes by 25%. By liberating physicians from tedious data entry and computer screens, Saykara enables more personalized and less rushed patient interactions. The technology is specialty agnostic and scalable, offered through a software-as-a-service (SaaS) subscription model. Saykara's solutions leverage advancements in voice recognition and machine learning to streamline workflows and improve patient care.

Cyrus Biotechnology

Series A in 2017
Cyrus Biotechnology, Inc. is a Seattle-based company that specializes in developing advanced software for protein structure prediction and design. Founded in 2014, it offers several key products, including Rosetta, a tool designed to create biologically active proteins for various medical applications such as treating brain cancer and addressing Celiac Disease. The company also provides Cyrus Bench, an enterprise version of Rosetta that includes a comprehensive suite of bio-molecular computation tools. Additionally, Cyrus Biotechnology offers specialized services like Cyrus CryoEM, which focuses on structure refinement and model building for complex biomolecular structures. Its innovative software solutions cater to pharmaceutical companies, biotech firms, and startups engaged in discovering therapeutics and developing novel consumer products.

Polyverse

Venture Round in 2016
Polyverse Corporation specializes in cybersecurity solutions designed to safeguard against data attacks and large-scale data breaches. The company's offerings include Polymorphing-Linux, which protects Linux operating systems from memory-based vulnerabilities, and the Polymorphic Build Farm for Open Source, allowing organizations to manage their own polymorphic compiler and secure software supply chain. Additionally, Polyverse provides Polyscripting for enhanced PHP security against code-injection attacks, as well as a version tailored for WordPress to prevent malicious code execution without affecting performance. The company serves various sectors, including the Department of Defense, finance, government, and healthcare. Founded in 2012 and headquartered in Bellevue, Washington, Polyverse utilizes advanced moving-target defense technologies to continuously adapt and secure applications against evolving cyber threats.
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