Industry Report – October 2025

The Industry Report in reply-all shares a selection of recent news featuring UPMC Enterprises, our portfolio companies, and partnerships.

This edition includes stories about our successful investments in Penguin Ai and Optain Health, Abridge’s partnership with UPMC, four portfolio companies named among TIME’s 2025 World’s Top Healthcare Companies, Avista’s partnership with Forge Biologics, and Jeanne Cunicelli’s interview with Modern Healthcare.

Keep an eye on UPMC Enterprises’ News webpage for the latest industry stories.

UPMC Enterprises 

What UPMC Enterprises, Orlando Health Ventures want in a startup | Modern Healthcare

Ambulatory care is emerging as leading health system financial strategy | Healthcare Finance News

Abridge  

UPMC Scales Abridge AI Platform Enterprise-Wide to 12,000 Clinicians | Abridge

World’s Top HealthTech Companies of 2025 | TIME

Forbes Cloud 100 2025 List: Abridge | Forbes

Fierce 50 of 2025: Abridge | Fierce Pharma

Avista

Avista Therapeutics and Forge Biologics Announce AAV Development and cGMP Manufacturing Partnership | BusinessWire

Butterfly Network 

Butterfly Network Joins Research Project Studying the Impact of AI-Assisted POCUS on Early Tuberculosis Detection in Sub-Saharan Africa | Butterfly Network, Inc.

BrainCheck  

Cognitive Clarity After Surgery: BrainCheck’s Role in UPMC’s Peri-Op Workflow | BrainCheck

World’s Top HealthTech Companies of 2025 | TIME

Carta Healthcare 

Clinical Data Abstraction vs. Chart Review: Aligned, But Not Identical | Patient Safety & Quality Healthcare

Carta Healthcare Wins Prestigious Silver Stevie for Tech Innovation | citybiz

Carta Healthcare: Interview With VP Of Business Development Greg Miller About The Clinical Data Management Company | Pulse 2.0

Cerevance 

Healthy adults tolerate KCNK13 inhibitor for neuroinflammation | Healio

NETSseq’s Impact On Cerevance’s Approach to Drug Discovery | PharmExec

Clearsense 

Clearsense Named in 2025 Gartner Case Study on Legacy Decommissioning | Clearsense

World’s Top HealthTech Companies of 2025 | TIME

Elektra Health 

Menopause Care Reaches New York Women with Elektra Health as the Leading Insurance-Covered Provider | PR Newswire

Menopause: Is Hormone Panel Testing Negatively Affecting Care? | Healthgrades

Elektra Health expands payer partners for menopause care in N.Y. | Fierce Healthcare

eVisit

BDR Solutions and eVisit Partner to Modernize and Transform Military Healthcare Model Delivery with Integrated Digital Capabilities | PR Newswire

Optain Health

UPMC Enterprises adds vision startup company to portfolio | Pittsburgh Post-Gazette

Optain Health Closes $26 Million Series A to Bring Oculomics to Primary Care and Beyond

Ouro Medicines

Fierce Biotech’s 2025 Fierce 15: Ouro Medicines | Fierce Healthcare

Penguin Ai 

Penguin Ai Secures $29.7M in Venture Funding to Tackle the $1 Trillion Administrative Burden in the Healthcare Industry | PR Newswire

Penguin–The Flightless Bird of Health AI | The Health Care Blog

Penguin Ai Announces Strategic Partnership with UPMC Enterprises to Advance Health Care AI Innovation | PR Newswire

Sempre Health

World’s Top HealthTech Companies of 2025 | TIME

Smile Digital Health

Smile Digital Health Pledges Foundational Technology Support to Power the CMS Health Tech Ecosystem | Smile Digital Health

sovaSage

From startup to SaaS: sovaSage unveils unified brand identity | HME News

Ultromics

Ultromics named a WIRED 2025 Trailblazer | Ultromics

Ultromics selected for the Tech Nation’s Future Fifty 2025 programme | Ultromics

Werewolf Therapeutics

Werewolf touts ‘Full Moon Moments’ in trial recruitment push | Fierce Pharma