Mayo Clinic Ventures
Mayo Clinic Ventures is the technology commercialization arm of Mayo Clinic, licensing intellectual property, forming startups, and making equity investments to translate the institution's medical research into commercial products. It supports 440+ startups and partners with healthcare and AI companies globally.
- Company typePrivate
- Founded1986
- HeadquartersRochester, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Mayo Clinic Ventures does
Mayo Clinic Ventures is the technology commercialization and strategic partnership arm of Mayo Clinic, operating under the Mayo Foundation for Medical Education and Research (MFMER), a nonprofit medical education and research entity headquartered in Rochester, Minnesota. The organization functions as Mayo Clinic's "front door to business," translating the institution's clinical research, intellectual property, and medical expertise into commercial products and services through licensing, startup formation, equity investment, and strategic collaborations. It supports more than 440 startups using Mayo Clinic technology and has deployed over $400M in capital for strategic collaborations and equity investments since inception.
Its core activities are organized around three operational pillars: "Protect and Develop" (intellectual property protection, technology funding, product development), "Launch and Grow" (licensing, startup formation, equity investment), and "Partner and Scale" (strategic collaborations, mergers and acquisitions). Rather than shipping standalone software products, Mayo Clinic Ventures operates a business development ecosystem that brokers access to Mayo Clinic know-how, copyrighted materials, and clinical assets. Revenue is generated primarily through licensing royalties, equity investment returns, and strategic collaboration agreements — a mix that has returned over $1.3B to Mayo Clinic to support clinical practice, education, and research from inception through 2025.
The organization's go-to-market is direct enterprise engagement through its Department of Business Development, complemented by a global technology transfer and licensing program. Customers and partners span healthcare technology startups, pharmaceutical and medical device companies, health systems, and increasingly AI-enabled clinical tooling providers — exemplified by Mayo Clinic's January 2026 investment in OpenEvidence (a $12B-valued AI clinical decision support company). Competitive positioning rests on Mayo Clinic's global brand, its clinical data and physician network, and a deep portfolio of medical IP accumulated over decades of research and practice.
Mayo Clinic Ventures firmographics
Firmographics- Name
- Mayo Clinic Ventures
- Legal name
- Mayo Foundation for Medical Education and Research
- Website
- http://ventures.mayoclinic.org/
- Company type
- Private
- Founded year
- 1986
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Mayo Clinic Ventures is the technology commercialization arm of Mayo Clinic, licensing intellectual property, forming startups, and making equity investments to translate the institution's medical research into commercial products. It supports 440+ startups and partners with healthcare and AI companies globally.
- Ownership category
- akta.pro rank
Mayo Clinic Ventures industry classification
Industry- Product category
- Healthcare Technology Commercialization
- NAICS
- Specialty (except Psychiatric and Substance Abuse) Hospitals (622310), Trusts, Estates, and Agency Accounts (525920), Portfolio Management and Investment Advice (523940)
- SIC
- Services-Hospitals (8060), Services-Health Services (8000)
- akta.pro primary industry
- Hospitals, Clinics & Charitable Healthcare Providers (BPAGACAB)
Keywords
Where Mayo Clinic Ventures is headquartered
LocationHeadquarters
- HQ city
- Rochester
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Mayo Clinic Ventures business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Licensing and Technology Transfer: Revenue generated from licensing Mayo Clinic intellectual property and technology to external companies and startups. This includes patented medical technologies, treatment protocols, and clinical innovations.
- Equity Investment Returns: Returns from equity investments in startups and companies using Mayo Clinic technology. The organization has deployed over $400M in strategic collaborations and equity investments, with over $1.3B returned to Mayo Clinic supporting practice, education, and research since inception.
- Strategic Collaborations: Revenue from strategic partnerships and collaborations with industry partners, including product development agreements and joint ventures focused on healthcare innovation.
Go-to-market motion2 records
Distribution channels1 record
Marketing channels3 records
Mayo Clinic Ventures product offering
Product offeringCore offering
Mayo Clinic Ventures (operating as Mayo Clinic's Department of Business Development) is the technology commercialization and strategic partnership arm of Mayo Clinic. It protects and develops Mayo Clinic intellectual property, licenses patented medical technologies and know-how to external companies, forms and funds startups, makes equity investments, and brokers strategic collaborations between Mayo Clinic and industry partners.
Product overview
Mayo Clinic Business Development (Mayo Clinic's front door to business) catalyzes healthcare innovation through technology commercialization and strategic partnerships. Their core activities span intellectual property protection and development, technology funding, product development, licensing, startup formation, equity investment, and strategic collaborations. The organization supports over 440 startups using Mayo Clinic technology and has deployed more than $400M in investment capital for strategic collaborations and equity investments. Their services are structured around three pillars: Protect and Develop (IP, technology funding, product development), Launch and Grow (licensing, startup formation, equity investment), and Partner and Scale (strategic collaborations, mergers and acquisitions). Rather than offering standalone software products, they provide a comprehensive business development ecosystem that bridges industry and commercial groups to transform health and medicine.
Differentiator
Problem solved
Functional benefit
Products and services
- Protect and Develop
- Launch and Grow
- Partner and Scale
- Mayo Clinic Know-How Licensing
- Mayo Clinic Copyrighted Materials
Quantifiable outcome
- $1.3B+ returned to Mayo Clinic supporting practice, education & research since inception
- +2 more outcomes
Companies that use Mayo Clinic Ventures
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
Mayo Clinic Ventures technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Mayo Clinic Ventures partnerships and signals
Strategic signalScale indicators4 records
Recent moves4 records
Expansion highlights4 records
Mayo Clinic Ventures competitors and assessment
Company assessmentDirect peers
- Mass General Brigham Innovation: The licensing and venture arm of Mass General Brigham; directly comparable as a leading AMC-based tech transfer office commercializing discoveries from a top U.S. hospital system.
- Cedars-Sinai Accelerator: Cedars-Sinai's accelerator and innovation engine; closely comparable in running hospital-validated equity and partnership programs for early-stage healthcare companies.
- Penn Center for Innovation: University of Pennsylvania's technology commercialization hub, running IP licensing and startup-creation activities across a healthcare-heavy research portfolio that overlaps Mayo Clinic's therapeutic scope.
- Mount Sinai Innovation Partners: Mount Sinai Health System's tech transfer and venture arm; comparable as an AMC-affiliated organization commercializing IP through licensing, sponsored research, and equity in spin-outs.
- Duke Office of Licensing & Ventures: Duke University's licensing and ventures group; runs the same academic-medical-center-to-commercial-product pipeline (with notable medical IP overlap) as Mayo Clinic Ventures.
- Cleveland Clinic Innovations: Cleveland Clinic's commercialization and spin-out unit; runs a highly analogous model of hospital-validated IP licensing, startup formation, and equity investing out of a major nonprofit academic medical center.
- Johns Hopkins Technology Ventures: The technology transfer, licensing, and corporate venture arm of Johns Hopkins, operating across the same medtech, biotech, and digital health verticals with comparable IP-licensing and equity-investment mechanics.
- UCSF Innovation Ventures: UCSF's technology licensing and startup-support organization; comparable because it commercializes a similarly prestigious academic medical center's biomedical IP through licensing and company formation.
- Stanford Office of Technology Licensing: Stanford's central tech transfer office; operates the same IP licensing, sponsored research, and startup-formation playbook as Mayo Clinic Ventures, but from an academic-research parent rather than a hospital parent.
- Vanderbilt Center for Technology Transfer and Commercialization: Vanderbilt's tech transfer office; comparable model of licensing and startup formation drawn from a major academic medical center's research output.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Mayo Clinic Ventures social profiles
Digital presenceMayo Clinic Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mayo Clinic Ventures leadership team
Management profileNumber of profiles
Profiles3 records
Mayo Clinic Ventures funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mayo Clinic Ventures M&A and investment
M&A and investmentM&A
Investments47 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mayo Clinic Ventures
What does Mayo Clinic Ventures do?
Mayo Clinic Ventures (operating as Mayo Clinic's Department of Business Development) is the technology commercialization and strategic partnership arm of Mayo Clinic. It protects and develops Mayo Clinic intellectual property, licenses patented medical technologies and know-how to external companies, forms and funds startups, makes equity investments, and brokers strategic collaborations between Mayo Clinic and industry partners.
Is Mayo Clinic Ventures a public or private company?
Mayo Clinic Ventures is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Mayo Clinic Ventures founded?
Mayo Clinic Ventures was founded in 1986. It employs 51 to 100 people.
Where is Mayo Clinic Ventures based?
Mayo Clinic Ventures is headquartered in Rochester, United States, in the North America region.
How does Mayo Clinic Ventures make money?
Three revenue lines are on record. Licensing and Technology Transfer is the primary driver. The others are equity Investment Returns and strategic Collaborations.
Who are Mayo Clinic Ventures's main competitors?
Direct peers on record are Mass General Brigham Innovation, Cedars-Sinai Accelerator, Penn Center for Innovation, Mount Sinai Innovation Partners, Duke Office of Licensing & Ventures, Cleveland Clinic Innovations, Johns Hopkins Technology Ventures, UCSF Innovation Ventures, Stanford Office of Technology Licensing and Vanderbilt Center for Technology Transfer and Commercialization.
Does Mayo Clinic Ventures have an API?
No public API is recorded for Mayo Clinic Ventures.
What industry is Mayo Clinic Ventures in?
Mayo Clinic Ventures's product category is Healthcare Technology Commercialization. Its primary akta.pro industry code is BPAGACAB, Hospitals, Clinics & Charitable Healthcare Providers. Its NAICS code is 622310 and its SIC code is 8060.