# Palo Alto Investors: portfolio, investments and team

> Palo Alto Investors is a growth equity based in United States. 18 investments on record, latest Sept 2014. Portfolio, stages, co-investors and team.

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

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

# Palo Alto Investors

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

Quiet Growth equity

Series D Series C Venture Analytics Big Data Advice

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 18 on record

Since the last cheque **4424** days **00** hrs **00** min **00** sec

Median round **$21M** Rounds led **0 of 18** Exits **5 from the portfolio** Mostly in **United States, 100%**

Pitch Palo Alto Investors

## Palo Alto Investors highlights

- 01 18 rounds on record
- 02 Mostly Series D and Series C: 50% of its rounds
- 03 5 exits from the portfolio

## What they do

- **Type:** Growth equity (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Analytics Big Data Advice
- **Based in:** United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **18 appearances**

- **2014** 2 rounds
- **Sept** **[NewLeaf Symbiotics](https://millionrounds.com/company/newleaf-symbiotics)** Series B · US **$17M** With 3 others
- **Jan** **[NeXeption](https://millionrounds.com/company/nexeption)** Series A · US **$22M** With 2 others
- **2012** 1 round
- **Jun** **[Ceptaris Therapeutics](https://millionrounds.com/company/ceptaris-therapeutics)** Series D · US · finsmes.com **$10M** With 5 others
- **2011** 3 rounds
- **Aug** **[Yaupon Therapeutics](https://millionrounds.com/company/yaupon-therapeutics)** Series D · US · finsmes.com **$14M** With 3 others
- **Jun** **[Revance Therapeutics](https://millionrounds.com/company/revance-therapeutics)** Series D · US · finsmes.com **$45M** With 6 others
- **Feb** **[Fisker Automotive](https://millionrounds.com/company/fisker-automotive)** Growth · US · greentechmedia.com **$150M** With 6 others
- **2008** 2 rounds
- **Sept** **[Fisker Automotive](https://millionrounds.com/company/fisker-automotive)** Series C · US · thealarmclock.com **$65M** With 2 others
- **Jan** **[Fisker Automotive](https://millionrounds.com/company/fisker-automotive)** Series B · US · highbeam.com **$20M** With 1 other
- **2007** 4 rounds
- **Dec** **[Revance Therapeutics](https://millionrounds.com/company/revance-therapeutics)** Series C · US **$43M** With 5 others
- **Nov** **[Yaupon Therapeutics](https://millionrounds.com/company/yaupon-therapeutics)** Series C · US **$15M** With 1 other
- **Sept** **[Gemfire](https://millionrounds.com/company/gemfire)** Venture · US · encyclopedia.com **$37M** With 3 others
- **Jun** **[Paracor Medical](https://millionrounds.com/company/paracor-medical)** Series D · US · venturebeat.com **$44M** With 7 others
- **2005** 3 rounds
- **Nov** **[FlowMedica](https://millionrounds.com/company/flowmedica)** Series D · US · findarticles.com **$15M** With 4 others
- **May** **[SkyPilot Networks](https://millionrounds.com/company/skypilot-networks)** Series C · US · lightreading.com **$15M** With 6 others
- **Apr** **[Talima Therapeutics](https://millionrounds.com/company/talima-therapeutics)** Venture · US **$2.0M** With 1 other
- **2004** 1 round
- **Jan** **[Deem](https://millionrounds.com/company/deem)** Venture · US **$42M** With 6 others
- **2001** 1 round
- **Dec** **[SkyPilot Networks](https://millionrounds.com/company/skypilot-networks)** Series B · US **$24M** With 7 others
- **1999** 1 round
- **Dec** **[Conductus](https://millionrounds.com/company/conductus)** Venture **$15M** With 2 others

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 registration **3 named**

AE **Angela Elizabeth Nguyen-Dinh** Chief Compliance Officer i Form ADV

AJ **Anthony Joonkyoo Yun** Trustee of Yun-Bazar Family Trust i Form ADV

PY **Patrick Yuarn-Bor Lee** Trustee of Patrick Y Lee Declaration of Trust i Form ADV

We also 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.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$696M** assets it manages Oct 2026

**Registered** investment adviser full reporting to the SEC

- **Legal name:** PALO ALTO Investors LP
- **SEC number:** CRD 109171

Funds on its Form ADV

**6** private funds, **$1.1B** in gross assets · filed Mar 2024

- Palo Alto Healthcare Master Fund II, L.P. *Hedge* 120 investors $532M
- Palo Alto Healthcare Master Fund, L.P. *Hedge* 60 investors $279M
- Palo Alto Advanced Life Sciences Master Fund, L.P. *Hedge* 70 investors $156M
- Micro CAP Partners, L.P. *Hedge* 40 investors $71M
- Palo Alto Korea Fund, L.P. *Hedge* 10 investors $15M
- Palo Alto PE Fund, L.P. *Hedge* 2 investors $5.0M

## Exits from the portfolio

Companies it backed that were later bought or listed **5 in all**

**[Fisker Automotive](https://millionrounds.com/company/fisker-automotive)** Bought by [Wanxiang America](https://millionrounds.com/fund/wanxiang-america) **$149M** Feb 2014

**[Ceptaris Therapeutics](https://millionrounds.com/company/ceptaris-therapeutics)** Bought by Actelion Pharmaceuticals **$250M** Jul 2013

**[Gemfire](https://millionrounds.com/company/gemfire)** Bought by Ignis **Undisclosed** Nov 2009

**[SkyPilot Networks](https://millionrounds.com/company/skypilot-networks)** Bought by Trilliant **Undisclosed** Jun 2009

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

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

## The cheque

Series D Series C Venture

Median round joined **$21M** the round, not its cheque

Led 0 of 18 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Sept 2014
- **Exits:** 5 from the portfolio

Rounds by stage said on their site

- Series D *5*
- Series C *4*
- Venture *4*
- Series B *3*
- Growth *1*
- Series A *1*

Cheques by year Led Joined

1999 2014

Often in the room with

- [Vivo Ventures](https://millionrounds.com/fund/vivo-ventures) 5
- [De Novo Ventures](https://millionrounds.com/fund/de-novo-ventures) 3
- [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) 3
- [Aperture Venture Partners](https://millionrounds.com/fund/aperture-venture-partners) 2
- [Burrill & Company](https://millionrounds.com/fund/burrill-and-company) 2
- [Essex Woodlands Healthcare Partners](https://millionrounds.com/fund/essex-woodlands-health-ventures) 2

**Pitching Palo Alto Investors?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

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

[**Vivo Ventures** VC firm **5** rounds together](https://millionrounds.com/fund/vivo-ventures)[**De Novo Ventures** Growth equity **3** rounds together](https://millionrounds.com/fund/de-novo-ventures)[**Kleiner Perkins Caufield & Byers** VC firm **3** rounds together](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers)[**Aperture Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/aperture-venture-partners)[**Burrill & Company** VC firm **2** rounds together](https://millionrounds.com/fund/burrill-and-company)[**Essex Woodlands Healthcare Partners** VC firm **2** rounds together](https://millionrounds.com/fund/essex-woodlands-health-ventures)[**Invesco Perpetual** Growth equity **2** rounds together](https://millionrounds.com/fund/invesco-perpetual)[**Mobius Venture Capital** Growth equity **2** rounds together](https://millionrounds.com/fund/mobius-venture-capital)[**Nexit Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/nexit-ventures)[**Qatar Investment Authority** Government **2** rounds together](https://millionrounds.com/fund/qatar-investment-authority)[**Saif Partners** Private equity **2** rounds together](https://millionrounds.com/fund/saif-partners)[**Selby Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/selby-venture-partners)

## Quick answers about Palo Alto Investors

### What does Palo Alto Investors invest in?

Palo Alto Investors invests most often at Series D and Series C (50% of the rounds on record), in sectors such as Analytics, Big Data and Advice.

### How active is Palo Alto Investors?

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

### How big are Palo Alto Investors's cheques?

The median round it joins is $21M.

### Does Palo Alto Investors lead rounds?

Rarely, if at all: none of its 18 investments on record names it as the lead.

### Where does Palo Alto Investors invest?

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

### Is Palo Alto Investors investing now?

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

### Who does Palo Alto Investors invest alongside?

Most often Vivo Ventures (5 rounds together), De Novo Ventures (3 rounds together) and Kleiner Perkins Caufield & Byers (3 rounds together).

### What kind of investor is Palo Alto Investors?

Palo Alto Investors is a growth equity firm based in United States.

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