# MaineHealth

MaineHealth is an Endowment / Foundation based in Portland, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Portland, United States
- **Region:** North America
- **Address:** 110 Free Street, Portland, Maine, United States
- **Founded:** 1998
- **Assets under management:** Undisclosed
- **Website:** mainehealth.org
- **LinkedIn:** https://www.linkedin.com/company/mainehealth

## Regulatory record

- **Reports private funds:** No

## About

MaineHealth was established in 1998 as a not-for-profit health system. Andrew T. Mueller, MD holds the chief executive role. The system allocates to private equity and maintains an early-stage venture program focused on health technology. Confirmed holdings include Apriqot through the MaineHealth Innovation Fund. Operations span Maine and New Hampshire. The organization employs 24000 people and holds real assets that include the Portland headquarters and multiple hospital campuses. It participates in the Maine Hospital Association and the American Hospital Association. MaineHealth structures its investment activity through a dedicated innovation fund that co-invests alongside the Maine Venture Fund on health technology opportunities.

## Sectors

- Healthcare Services

## People

- Andrew T. Mueller, MD — Chief Executive Officer

## Questions

### Who runs investment decisions at MaineHealth?

Andrew T. Mueller, MD serves as Chief Executive Officer. Investment activity occurs through the MaineHealth Innovation Fund.

### Does MaineHealth participate in fund commitments or only direct deals?

The organization makes direct minority investments in health technology startups via its innovation fund.

### What investment stages does MaineHealth typically target?

Activity centers on early-stage seed and startup rounds in health technology.

### How is MaineHealth related to Northern Light Health?

MaineHealth co-owns LifeFlight of Maine with Northern Light Health and Central Maine Healthcare.

### Where does the underlying capital come from?

Capital originates from the health system's operations and its network of hospital foundations.

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Last updated: 2026-06-03T20:00:00.000Z

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