Cencora Ventures

Overview

Cencora Ventures is a corporate venture capital fund established to invest in innovative entrepreneurial businesses that advance the development and delivery of pharmaceuticals and healthcare products. The fund is closely integrated with Cencora, benefiting from the company's deep expertise and expansive global network. This integration allows Cencora Ventures to provide active support to portfolio companies, assisting them in scaling their operations effectively. The fund focuses on early to mid-stage investments, with typical initial investments ranging from $1 million to $10 million, depending on the stage of the company. Cencora Ventures is stage-agnostic, emphasizing investments that align with its mission to create healthier futures. Geographically, the fund invests globally, with a particular emphasis on the United States and Western Europe, targeting regions where innovation is occurring in the selected sectors of interest. Cencora Ventures strives to be a valuable partner to startups by leveraging Cencora's scale, resources, relationships, technical capabilities, and expertise. The fund adds value by assisting with commercialization and distribution of products and services, facilitating introductions to Cencora's customer base, developing rapid prototypes or pilots to quickly assess market potential, providing access to Cencora team members who help facilitate and support commercial relationships, and leveraging additional industry and subject matter expertise within Cencora. This comprehensive support structure aims to accelerate the growth of the companies Cencora Ventures partners with, contributing to the advancement of healthcare and life sciences sectors.

Investment Focus

• Innovative healthcare and life sciences companies
• Alignment with Cencora's mission to create healthier futures
• Early to mid-stage ventures
• Global presence with emphasis on United States and Western Europe
• Focus on sectors such as pharmaceuticals, biotechnology, medical devices, healthcare IT, diagnostics, consumer health, health services, digital health, health & wellness, medical research, pharmaceutical distribution, clinical development, and clinical practice solutions