A $1.2B AUM Seed through Series B venture firm based in the US typically invests between $500K to $20M. The firm focuses on two thematic areas – healthcare and enterprise SaaS. Within healthcare, the firm will invest in digital health, therapeutics, diagnostics and software-enabled medical devices. While somewhat flexible in stage, the firm prefers to have some POC for companies they invest in, such as some in vivo data, at least one hit for drug discovery, and a viable product/prototype for digital health and medical devices. The firm invests primarily in the US, but will invest in Canada as well.
Within healthcare, the firm invests in transformational technologies in all sectors. In therapeutics, the firm has an interest in cell & gene therapy and tissue engineering, but will invest in any modality if the technology is first-in-class. For small molecules or biologics, the firm does not invest in single assets. When investing in medical devices, the firm looks for those where software is a key component of the device. The firm invests in diagnostics and digital health as well, interested in technologies such as AI/ML technologies, drug discovery models, tech enabled services and data infrastructure, among others.
For later stage companies, the firm has no specific requirements. For seed stage companies, the firm is an active investor, and leads in most of their investments, taking a board seat. The firm is interested in companies with strong management teams, having strong expertise in the industry in which the startup is based.
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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