We mined Mayo Clinic’s investments and partnerships to discern the company's strategic priorities.
Mayo Clinic — a vast health system serving 1.3M patients annually and employing around 76,000 people — has made significant efforts to operate as a tech-forward hospital network.
Its venture arm, Mayo Clinic Ventures, has backed nearly 100 deals and invested almost $300M since its inception. Furthermore, Mayo Clinic has an internal innovation lab, the Center for Innovation (CFI), which brings tech inventions to market that Mayo Clinic Ventures funds and commercializes.
Mayo Clinic’s tech bets span across hospital functions, from surgical intelligence to diagnostics to care delivery. For example, in 2022, Mayo Clinic invested in Endiatx, which makes a pill-sized endoscopy robot. A recent partnership, meanwhile, integrates Mayo Clinic data into K Health‘s AI algorithm for hypertension treatment planning.
Using CB Insights data, we uncovered 5 strategic priorities highlighted by Mayo Clinic’s recent investments and partnerships. We then categorized companies by their business relationships with Mayo Clinic across these areas:
- Digital therapeutics (DTx) & wellness
- Health data & analytics
- Monitoring & diagnostics
- Surgical intelligence
- Virtual & hybrid care
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