MemorialCare Innovation Fund

Day-to-day investing is led by Managing Directors Brant Heise and Caleb Winder. Heise joined from operational roles at health-tech startups and is also Senior Managing Director at Summation Health Ventures. Winder was previously a co-founder and remains Managing Director at Excel Venture Management. Investment committee authority sits with the fund's Board of Directors, chaired by MemorialCare Health System CEO Barry Arbuckle.

MCIF's sourcing model relies on its position inside a large integrated delivery network. Portfolio companies and prospective investments are identified through MemorialCare's clinical leadership, IT organization, and administrative teams, who surface technologies that address operational pain points. The fund also maintains a Boston office to access East Coast health-tech ecosystems, and Managing Director Caleb Winder's affiliation with Excel Venture Management provides additional venture-community deal flow.

Managing Director Brant Heise serves concurrently as Senior Managing Director at Summation Health Ventures, a separate healthcare investment platform. This creates a personnel overlap between the two organizations, though the precise legal and economic relationship between MCIF and Summation Health Ventures is not publicly detailed by the firm.