Mode VC
Minnesota

Lemhi Ventures

Lemhi Ventures, based in Minnesota, backs healthtech and digital health companies at Series A and B, leading rounds with checks from $1 million to $10 million.

Website
Entry stageSeries A, Series B
Check size$1M to $10M
Leads roundsYes
FocusHealthtech
Latest fundn/a
Investing team4 peopleNo activity since Sep

Who you would pitch at Lemhi Ventures

4 people on the investing team, 4 of them partners who can make the call. Partners are listed first.

Kyle RolfingGeneral PartnerHe has founded several companies and held executive roles at Aetna and Hewitt Associates.
Matt SchollGeneral PartnerHe has experience in healthcare investment banking and business development.
Tony MillerManaging PartnerHe has served as CEO of Bind Benefits, Inc. and Carol Corp.
John ParkPartnerHe has experience in corporate healthcare and startups, including a role as a co-founder of Definity Health.

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Writes $1M to $10M checks. Its smallest check is larger than 83% of firms in the atlas.

Bars: how many firms in the atlas report each band. Highlighted: this firm.

No recent activity since September 2026. Quiet does not mean closed.

Weekly count of activity updates. Activity is not a confirmed deal.

Before you pitch

Ownership target7-10%

Notable investments

Harbor HealthMendota HealthPlanSource

In their words

Lemhi VenturesA preeminent venture fund focused on disruptive healthcare ideaswww.lemhiventures.com
Founders and investors at a Mode VC gathering

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Raising a pre-seed or seed round? We write $1M to $5M first checks and help founders with distribution. A partner reads every deck.

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Alert me when Lemhi Ventures is active

One email when this firm shows new activity. Nothing else.

Firms like Lemhi Ventures

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Hitachi Ventures$1M to $30M · active Oct 15
.406 Ventures$1M to $10M

On these lists

Series A investors in United States1790Series B investors in United States563Series A healthtech investors243Series B healthtech investors128Series A investors in Minnesota8Series A investors1867Series B investors604

Questions

What stage does Lemhi Ventures invest in?

Lemhi Ventures reports entry at series a, series b.

How much does Lemhi Ventures invest?

Lemhi Ventures reports checks of $1M to $10M.

Does Lemhi Ventures lead rounds?

Yes. Lemhi Ventures says it can lead.

Who are the partners at Lemhi Ventures?

Kyle Rolfing (General Partner), Matt Scholl (General Partner), Tony Miller (Managing Partner), John Park (Partner).

Is Lemhi Ventures active right now?

No recent activity since September 2026.

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