# De Novo Ventures: portfolio, investments and team

> De Novo Ventures is a growth equity based in United States. 72 investments on record, latest Jun 2014. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/de-novo-ventures (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# De Novo Ventures

Last cheque observed Jun 2014. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet Growth equity

Series B Venture Series D Information Services Social Media Venture Capital & Private Equity

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 72 on record

Since the last cheque **4513** days **00** hrs **00** min **00** sec

Median round **$20M** Rounds led **0 of 72** Sole investor **4 rounds** Exits **6 from the portfolio** Mostly in **United States, 100%**

Pitch De Novo Ventures

## De Novo Ventures highlights

- 01 72 rounds on record
- 02 Mostly Series B and Venture: 48% of its rounds
- 03 Sole investor in 4 rounds, median $9.2M
- 04 6 exits from the portfolio

## What they do

- **Type:** Growth equity (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Information Services Social Media Venture Capital & Private Equity
- **Based in:** United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **72 appearances**

- **2014** 3 rounds
- **Jun** **[Benvenue Medical](https://millionrounds.com/company/benvenue-medical)** Series E · US **$40M** With 4 others
- **Jun** **[Spinal Kinetics](https://millionrounds.com/company/spinal-kinetics)** Venture · US **$34M** With 4 others
- **May** **[EndoGastric Solutions](https://millionrounds.com/company/endogastric-solutions)** Series G · US **$30M** With 6 others
- **2013** 2 rounds
- **Jul** **[TRIA Beauty](https://millionrounds.com/company/tria-beauty)** Growth · US · pevc.dowjones.com **$46M** With 6 others
- **Mar** **[Avedro](https://millionrounds.com/company/avedro)** Series D · US · boston.com **$43M** With 7 others
- **2012** 11 rounds
- **Dec** **[Allakos](https://millionrounds.com/company/allakos)** Venture · US · sec.gov **$10.0M** With 4 others
- **Oct** **[TRIA Beauty](https://millionrounds.com/company/tria-beauty)** Venture · US **$7.5M** With 3 others
- **Jun** **[Benvenue Medical](https://millionrounds.com/company/benvenue-medical)** Series D · US · sacbee.com **$25M** With 3 others
- **Jun** **[EndoGastric Solutions](https://millionrounds.com/company/endogastric-solutions)** Series F · US · finsmes.com **$13M** With 6 others
- **Jun** **[Astute Medical](https://millionrounds.com/company/astute-medical)** Series C · US · finsmes.com **$40M** With 5 others
- **Apr** **[WaveTec Vision](https://millionrounds.com/company/wavetec-vision)** Venture · US · pevc.dowjones.com **$17M** With 2 others
- **Apr** **[EndoGastric Solutions](https://millionrounds.com/company/endogastric-solutions)** Venture · US **$2.1M** With 6 others
- **Mar** **[MyoScience](https://millionrounds.com/company/myoscience)** Series D · US · finsmes.com **$33M** With 4 others
- **Mar** **[HemaQuest Pharmaceuticals](https://millionrounds.com/company/hemaquest-pharmaceuticals)** Series B · US · hemaquest.com **$13M** With 4 others
- **Jan** **[Pulmonx](https://millionrounds.com/company/pulmonx)** Growth · US · researchviews.com **$10M** With 4 others
- **Jan** **[iScience Interventional](https://millionrounds.com/company/iscience-interventional)** Venture · US · researchviews.com **$2.8M** With 5 others
- **2011** 7 rounds
- **Sept** **[Simpirica Spine](https://millionrounds.com/company/simpirica-spine)** Series C · US · finsmes.com **$22M** With 2 others
- **Jun** **[Spinal Modulation](https://millionrounds.com/company/spinal-modulation)** Series D · US · businesswire.com **$30M** With 7 others
- **May** **[WaveTec Vision](https://millionrounds.com/company/wavetec-vision)** Series D · US · finsmes.com **$16M** With 3 others
- **Apr** **[Benvenue Medical](https://millionrounds.com/company/benvenue-medical)** Series C · US · bizjournals.com **$36M** With 3 others
- **Mar** **[Astute Medical](https://millionrounds.com/company/astute-medical)** Series B · US · money.msn.com **$13M** With 3 others
- **Feb** **[TRIA Beauty](https://millionrounds.com/company/tria-beauty)** Venture · US **$26M** With 3 others
- **Feb** **[Spiracur](https://millionrounds.com/company/spiracur)** Venture · US · finsmes.com **$35M** With 4 others
- **2010** 7 rounds
- **Sept** **[TRIA Beauty](https://millionrounds.com/company/tria-beauty)** Venture · US · finsmes.com **$16M** With 3 others
- **Aug** **[EndoGastric Solutions](https://millionrounds.com/company/endogastric-solutions)** Series F · US · endogastricsolutions.com **$30M** With 2 others
- **May** **[Astute Medical](https://millionrounds.com/company/astute-medical)** Series B · US · onbiovc.com **$27M** With 3 others
- **May** **[TearScience](https://millionrounds.com/company/tearscience)** Series C · US · onbiovc.com **$45M** With 5 others
- **Apr** **[HemaQuest Pharmaceuticals](https://millionrounds.com/company/hemaquest-pharmaceuticals)** Series B · US · fiercebiotech.com **$12M** With 3 others
- **Mar** **[Pulmonx](https://millionrounds.com/company/pulmonx)** Series C · US · onbiovc.com **$32M** With 6 others
- **Jan** **[EndoGastric Solutions](https://millionrounds.com/company/endogastric-solutions)** Series E · US · onbiovc.com **$22M** With 5 others
- **2009** 8 rounds
- **Nov** **[Spinal Modulation](https://millionrounds.com/company/spinal-modulation)** Series C · US · deals.venturebeat.com **$27M** With 6 others
- **Nov** **[Facet Solutions](https://millionrounds.com/company/facet-solutions)** Series C · US · masshightech.com **$3.6M** With 2 others
- **Oct** **[EndoGastric Solutions](https://millionrounds.com/company/endogastric-solutions)** Venture · US · xconomy.com **$9.5M** With 5 others
- **Jun** **[EndoGastric Solutions](https://millionrounds.com/company/endogastric-solutions)** Venture · US · xconomy.com **$3.8M** With 4 others
- **Jun** **[Spiracur](https://millionrounds.com/company/spiracur)** Series B · US · onbiovc.com **$20M** With 2 others
- **Jun** **[Facet Solutions](https://millionrounds.com/company/facet-solutions)** Debt · US **$4.1M** With 2 others
- **May** **[PhotoThera](https://millionrounds.com/company/photothera)** Series D · US · onbiovc.com **$50M** With 4 others
- **May** **[iScience Interventional](https://millionrounds.com/company/iscience-interventional)** Series F · US · onbiovc.com **$21M** With 7 others
- **2008** 8 rounds
- **Nov** **[OncoMed Pharmaceuticals](https://millionrounds.com/company/oncomed-pharmaceuticals)** Series B · US · biospace.com **$154M** With 8 others
- **Jul** **[Sierra Surgical](https://millionrounds.com/company/sierra-surgical)** Series B · US · deals.venturebeat.com **$15M** With 1 other

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **5** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## Exits from the portfolio

Companies it backed that were later bought or listed **6 in all**

**[WaveTec Vision](https://millionrounds.com/company/wavetec-vision)** Bought by [Alcon](https://millionrounds.com/fund/alcon) **Undisclosed** Sept 2014

**[OncoMed Pharmaceuticals](https://millionrounds.com/company/oncomed-pharmaceuticals)** Listed **$82M** Jul 2013

**[InSound Medical](https://millionrounds.com/company/insound-medical)** Bought by Sonova Holding **Undisclosed** Jan 2010

**[Bacchus Vascular](https://millionrounds.com/company/bacchus-vascular)** Bought by [Covidien](https://millionrounds.com/fund/covidien) **Undisclosed** Mar 2009

**[FlowMedica](https://millionrounds.com/company/flowmedica)** Bought by AngioDynamics **Undisclosed** Jan 2009

**[Lumend](https://millionrounds.com/company/lumend)** Bought by [Cordis](https://millionrounds.com/fund/cordis) **Undisclosed** Sept 2005

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Series B Venture Series D

Median round joined **$20M** the round, not its cheque Alone, median **$9.2M**

Led 0 of 72 rounds **0%**

- **Sole investor:** 4 rounds
- **Last cheque:** Jun 2014
- **Exits:** 6 from the portfolio

Rounds by stage said on their site

- Series B *18*
- Venture *13*
- Series D *12*
- Series C *12*
- Series A *6*
- Series E *4*

Cheques by year Led Joined

2002 2014

Often in the room with

- [Delphi Ventures](https://millionrounds.com/fund/delphi-ventures) 8
- [Johnson & Johnson Development Corporation (JJDC)](https://millionrounds.com/fund/johnson-and-johnson-development-corporation) 8
- [Latterell Venture Partners](https://millionrounds.com/fund/latterell-venture-partners) 8
- [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) 7
- [Technology Partners](https://millionrounds.com/fund/technology-partners) 7
- [Accuitive Medical Ventures](https://millionrounds.com/fund/accuitive-medical-ventures) 6

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## Who they invest alongside

The investors most often in the same rounds as De Novo Ventures. A count of rooms they were both in, not a relationship either has claimed.

[**Delphi Ventures** VC firm **8** rounds together](https://millionrounds.com/fund/delphi-ventures)[**Johnson & Johnson Development Corporation (JJDC)** VC firm **8** rounds together](https://millionrounds.com/fund/johnson-and-johnson-development-corporation)[**Latterell Venture Partners** VC firm **8** rounds together](https://millionrounds.com/fund/latterell-venture-partners)[**Kleiner Perkins Caufield & Byers** VC firm **7** rounds together](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers)[**Technology Partners** Hedge fund **7** rounds together](https://millionrounds.com/fund/technology-partners)[**Accuitive Medical Ventures** VC firm **6** rounds together](https://millionrounds.com/fund/accuitive-medical-ventures)[**Advanced Technology Ventures** VC firm **6** rounds together](https://millionrounds.com/fund/advanced-technology-ventures)[**Domain Associates** VC firm **6** rounds together](https://millionrounds.com/fund/domain-associates)[**Foundation Medical Partners** Private equity **6** rounds together](https://millionrounds.com/fund/foundation-medical-partners)[**Versant Ventures** VC firm **6** rounds together](https://millionrounds.com/fund/versant-ventures)[**Alta Partners** VC firm **5** rounds together](https://millionrounds.com/fund/alta-partners)[**Chicago Growth Partners** Private equity **5** rounds together](https://millionrounds.com/fund/chicago-growth-partners)

## Quick answers about De Novo Ventures

### What does De Novo Ventures invest in?

De Novo Ventures invests most often at Series B and Venture (48% of the rounds on record), in sectors such as Information Services, Social Media and Venture Capital & Private Equity.

### How active is De Novo Ventures?

72 investments on record, 0 of them in the last 12 months. The most recent was in Jun 2014.

### How big are De Novo Ventures's cheques?

The median round it joins is $20M.

### Does De Novo Ventures lead rounds?

Rarely, if at all: none of its 72 investments on record names it as the lead.

### Where does De Novo Ventures invest?

Most of the companies it backs are in the United States (100%).

### Is De Novo Ventures investing now?

No investments in the last 12 months; the latest was in Jun 2014.

### Who does De Novo Ventures invest alongside?

Most often Delphi Ventures (8 rounds together), Johnson & Johnson Development Corporation (JJDC) (8 rounds together) and Latterell Venture Partners (8 rounds together).

### What kind of investor is De Novo Ventures?

De Novo Ventures is a growth equity firm based in United States.

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