United States · 
What does HLM Investment Partners invest in?
HLM Investment Partners invests most often at Venture and Series C (50% of the rounds on record), in sectors such as Healthcare Services and Healthcare Technology.
HLM Investment Partners highlights
- 01
69 rounds on record
- 02
Mostly Venture and Series C: 50% of its rounds
- 03
Sole investor in 5 rounds, median $6.7M
- 04
14 exits from the portfolio
What they do
HLM only invests in healthcare.From their own website
- Type
- VC firm
- Cheque size
- Not stated
- Sectors
- Healthcare ServicesHealthcare Technology
- Based in
- Waltham, United States
- Cold pitches
- Not stated
The record
Every round we can evidence, newest first69 appearances
- 2017
3 rounds
- Aug
- Jun
- Apr
- 2015
5 rounds
- Sept
- Jun
- May
- Feb
- Feb
- 2014
4 rounds
- Oct
- Sept
- Jun
- Feb
- 2013
6 rounds
- Oct
- Sept
- Aug
- Jun
- Apr
- Jan
- 2012
5 rounds
- Aug
- Jun
- Jan
- Jan
- Jan
- 2011
6 rounds
- Sept
- Sept
- Sept
- Sept
- Apr
- Jan
- 2010
6 rounds
- Dec
- Jul
- May
- Apr
- Mar
- Mar
- 2009
8 rounds
- Dec
- Sept
- Jul
- Jun
- May
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
Named by the firm itself, on a filing, its Form ADV or its company registration8 named
ELEdward Louis CahillManaging member of HLM Venture Associates III, LLC, the General PartneriFiling they signed
EJEnrico J. PicozzaManaging memberiFiling they signed
MRMartin R FelsenthalManaging member of HLM Venture Associates III, LLC, the General PartneriFiling they signed
MGMichael Gin Wing WongChief Compliance OfficeriForm ADV
PJPeter J. GruaManaging member of HLM Venture Associates III, LLC, the General PartneriFiling they signed
RTRussell T RayManaging member of HLM Venture Associates III, LLC, the General PartneriFiling they signed
SJSteven J. TolleManaging MemberiFiling they signed
VJVincent J. FabianiManaging MemberiFiling they signed
We also hold 18 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.
What the register says
From the firm's own filings with the SEC, which it must file accurately by law
$411Massets it managesOct 2026
Registeredinvestment adviserfull reporting to the SEC
- Legal name
- HLM Management Co., LLC
- SEC number
- CRD 162337
Funds on its Form ADV
4 private funds, $437M in gross assets · filed Mar 2024
- HLM Strategic Investment Fund, L.P.Venture19 investors$268M
- HLM Venture Partners V, L.P.Venture31 investors$88M
- HLM Venture Partners IV, L.P.Venture22 investors$51M
- HLM Venture Partners III, L.P.Venture23 investors$30M
What they claim to have backed
From their own portfolio page (on their website)
19 of 37 we have independently watched raise
AbletoAktanaCensinetCleardataDiameterhealthHarmonycaresLinkwellhealthMpulsemobileNeuroflowOceanshealthcarePhreesiaRubiconmdShiftkeyTebraTeladocVaxcareVidaWayspringYuvohealthArraybcBinaryfountainCarebridgehealthCareoptionsforkidsCovetrusFuzehealthHazelHealthecIcanbwellInnovacarehealthLeonmedicalcentersMainstreetruralhealthMytownhealthpartnersNordicwiPersiviaUnifiedgrowthpartnersVivamasmedicalcenterWedgewood
Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.
Exits from the portfolio
Companies it backed that were later bought or listed14 in all
Silverlink CommunicationsBought by WelltokUndisclosedDec 2015
Seahorse BioscienceBought by Agilent Technologies$235MSept 2015
Cord Blood RegistryBought by AMAG Pharmaceuticals$700MJun 2015
Sanovia CorporationBought by Health Information DesignsUndisclosedDec 2014
Change HealthcareBought by Emdeon$135MNov 2014
Summit MicroelectronicsBought by Qualcomm IncorporatedUndisclosedJun 2014
FieldglassBought by SAPUndisclosedMar 2014
TyRx PharmaBought by Medtronic$160MJan 2014
Aperio TechnologiesBought by Leica MicrosystemsUndisclosedAug 2012
SensAble TechnologiesBought by GeomagicUndisclosedApr 2012
Pathway Medical TechnologiesBought by MEDRADUndisclosedSept 2011
Interlace MedicalBought by Hologic$125MJan 2011
Phase ForwardBought by Oracle Corporation$685MApr 2010
BioProcessorsBought by Seahorse BioscienceUndisclosedMar 2009
An exit counts when it came after the firm's first round in the company. From historical deal records.