Hot Life Science Investor Mandate 4: VC Fund Seeking Early Stage Investments in Health IT, mHealth, Diagnostics and Select Medical Devices

16 Jul

A venture capital firm based in the western United States is currently seeking new investment in the healthcare space. The firm has manages approximately $4 billion in total assets and the current venture fund size is $325million. The firm seeks to invest in companies targeting those sectors: consumer applications and services, enterprise infrastructure and apps, and big-bet disruptive technologies. The firm invests in companies in various stages, however it generally invests in venture rounds. The typical investment size ranges from $5 million to $10million.The firm looks to be a lead investor and also co-invests with others for large investments. The firm seeks to invest in companies based in the US.

In the life sciences, the firm is seeking to invest in the healthcare IT, m-Health, diagnostics and selective medical device companies. The firm is not interested in drug development companies. For healthcare IT, the firm invests in companies developing software, solutions and analytical platforms targeting pharma, healthcare providers and consumers. For diagnostics, the firm prefers to invest in genomics and low-risk diagnostic devices. For devices, the firm considers companies with a clear regulatory pathway. In terms of stage of development, the firm focuses on investments in series A round, but it also invests in seed and growth stages, depending on the opportunity. Historically, the firm was active in companies developing drug discovery platform, gene sequencing equipment, synthetic biology, human gene-phenotype database and blood-testing platforms.

The firm invests in privately held life science companies with experienced management teams and innovative technologies. The firm looks to take a board seat post-investment.

If you are interested in more information about this investor and other investors tracked by LSN, please email mandates@lifesciencenation.com

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