
Invenshure
807 Broadway St. NE, Suite 350, Minneapolis, MN, 55413, United States
Overview
Invenshure is an incubator firm that invests in therapeutics, emerging platform technologies, and medical devices or imaging companies. It prefers to take an active role in the operation of the company, typically as Chief Executive Officer, President or Chief Operating Officer. Invenshure was founded in 2011 and headquartered in Minneapolis, Minnesota.
- Total investments
- 2
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 3
Sector focus
- Finance
- Financial Services
- Incubators
- Therapeutics
Investment portfolio
- Flywheel
Participated · Series D · Jun 2023
Flywheel offers an enterprise imaging platform that aggregates, curates, and analyzes medical imaging and video data at scale, helping customers streamline research workflows and prepare AI-ready datasets. During 2025 the company broadened its product suite with a video viewing and annotation tool and launched Flywheel Validated, which supports 21 CFR Part 11–compliant imaging workflows for clinical trials. Its customer roster now includes 10 of the top 20 global pharmaceutical companies and 10 of the top 20 academic medical centers. Commercial traction was strong, with 43 % year-over-year growth in new business, a 40 % increase in committed revenue, and annual recurring revenue from pharma and device customers up 106 %. Net revenue retention exceeded 110 %, underscoring sticky usage and expansion within existing accounts. Backers of the company include Novalis LifeSciences, 8VC, NVIDIA, Microsoft, Novartis, and Intuitive Surgical. The new capital will be used to accelerate product innovation and further penetrate the clinical trial and AI model development markets.
- Evidentia Health
Led · Series A · Dec 2015
Evidentia Health provides an Enhanced Diagnostic Reports platform for radiology, pathology and other specialties that embeds context-relevant patient education, evidence-based research, and communication tools into personalized reports. Its solution integrates with electronic health record systems and physician workflows, enhancing each diagnostic report with relevant imaging and clinical context while giving referring physicians and patients direct access to enhanced reporting. The company was launched in 2012 and co-developed its platform with founding institutions Mayo Clinic and University of Minnesota Physicians. Led by CEO Jim Balabuszko-Reay, Evidentia serves radiologists, pathologists and their referring providers. In October 2015 the company raised $1.2 million in a Series A financing led by Invenshure, LLC. It intends to use the funds to further develop and expand its platform.