Lemhi Ventures Launches $150M Second Venture Fund

Wayzata, MN-based Lemhi Ventures has launched a $150m second venture fund to expand its investments in health care services.

The vehicle will focus on companies providing new technologies and services that address fundamental problems in the health care system.

Formed in 2006 by Tony Miller, managing partner, Lemhi has already invested in ABILITY Network, Recondo Technologies, and TransEngen, DRX and OneHealth Solutions, and PlanSource with its first fund.

The first Fund II investment is in Shareable Ink, a developer of web-based clinical documentation tools to support secure electronic health records (read here).



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