# Orlando Health Ventures

Orlando Health Ventures is a Venture Capital based in Orlando, United States.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Orlando, United States
- **Region:** North America
- **Address:** Orlando, FL, United States
- **Founded:** 1918
- **Assets under management:** $2.5B–$5.0B (Altss estimate)
- **Website:** www.orlandohealth.com
- **LinkedIn:** https://www.linkedin.com/company/orlando-health-ventures

## Regulatory record

- **Reports private funds:** No

## About

Orlando Health Ventures is the strategic investment vehicle of Orlando Health, the private not-for-profit system founded in 1918 and anchored by Orlando Regional Medical Center, Arnold Palmer Hospital for Children, and Winnie Palmer Hospital for Women & Babies. The venture unit deploys the health system's balance sheet — Altss estimates the parent's investable asset pool above $2.5 billion — to back companies whose products can be piloted and proven across Orlando Health's own network of more than a dozen facilities in Central Florida. Unlike financial VCs, the team measures return in clinical adoption as much as IRR. Strategy spans seed through growth equity with a primary focus on healthcare delivery, digital health, and medical devices. The firm writes direct checks and co-invests alongside venture partners that include Rex Health Ventures, Solas BioVentures, and Arboretum Ventures — the last of which was a co-investor in Francis Medical, a urology-focused device company. Geographic deployment concentrates on US-based startups, though the parent system's footprint is entirely Florida. The investment structure favors equity rounds where Orlando Health can serve as a clinical reference site or first-adopting provider. The venture team recently added Principal Yuriy Onyskiv alongside Managing Director Bobby Helmedag, signaling a build-out from what was historically a single-leader effort. The parent organization operates additional commercial real estate LLCs and the Orlando Health Foundation, a philanthropic arm that raises separate charitable capital. Recent activity includes the continued expansion of co-investor relationships and an active pace of medtech and health-tech deals, though the firm has not publicly disclosed a deployment total. Orlando Health Ventures differs structurally from an endowment-style VC program: it reports through the operating health system, not a separate foundation board, which means investment theses are tested daily inside ICUs, surgical suites, and outpatient clinics. That tight operating-company tether gives portfolio companies a commercialization path that pure-play financial VCs cannot replicate on their own.

## Sectors

- Healthcare Services
- Digital Health
- MedTech

## People

- Bobby Helmedag — Managing Director
- Yuriy Onyskiv — Principal

## Questions

### Who makes investment decisions at Orlando Health Ventures?

Managing Director Bobby Helmedag leads the venture unit, with Principal Yuriy Onyskiv as the other named professional on the investment team. The pair operate with backing from the health system's parent balance sheet rather than a separate LP base, giving them a single-committee decision process tied to Orlando Health's strategic priorities.

### Is Orlando Health Ventures a standalone fund or a corporate venture arm?

It is a corporate venture arm wholly embedded in Orlando Health, the not-for-profit health system that owns Orlando Regional Medical Center, Arnold Palmer Hospital for Children, and other Central Florida assets. The unit invests directly from the system's own capital rather than raising outside limited partner funds.

### What investment stages and check sizes does Orlando Health Ventures target?

The firm covers early-stage through growth equity, spanning seed, startup, and venture-general mandates. Exact check sizes are not publicly disclosed, but the firm's co-investor relationships with funds such as Arboretum Ventures and Solas BioVentures suggest participation in institutional equity rounds alongside traditional VCs.

### Does Orlando Health Ventures invest in biotech or therapeutic platforms?

The firm's disclosed co-investor partnerships with Solas BioVentures and Arboretum Ventures — both of which invest in medtech and biotech — indicate an appetite for regulated medical devices and adjacent therapeutic technologies. No pure-play biotech platform holds are publicly confirmed, however.

## Related profiles

- [The City of Memphis](https://altss.com/profile/the-city-of-memphis)
- [City of Jacksonville Retirement System](https://altss.com/profile/city-of-jacksonville-retirement-system)

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

Canonical page: https://altss.com/profile/orlando-health-ventures

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology