United States · Investor

Perseus

No cheque observed since Aug 2010, after 11 earlier cheques, and the website is dead.

DormantNew fund $2.1M, Jan 2021Hedge fund

Series CVentureSeries BInternetReal TimeBiotechnology

Cheques on record
0%of best year0cheques in 12 months, 11 on record
Since the last cheque5918days00hrs00min00sec
Median round$13MRounds led0 of 11Sole investor2 roundsExits2 from the portfolioMostly inUnited States, 100%
Pitch Perseus

Perseus highlights

  1. 01

    11 rounds on record

  2. 02

    Mostly Series C and Venture: 55% of its rounds

  3. 03

    Sole investor in 2 rounds, median $22M

  4. 04

    2 exits from the portfolio

What they do

Type
Hedge fund (from a list, unverified)
Cheque size
Not stated
Sectors
InternetReal TimeBiotechnology
Based in
Washington, United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first11 appearances

  1. 2010

    3 rounds

  2. Aug
    Metamark GeneticsSeries B · US · onbiovc.com$22MSole investor
  3. Aug
    CeNeRx BioPharmaSeries C · US · cenerx.com$13MWith 2 others
  4. Jan
    CymbetSeries C · US · finsmes.com$31MWith 5 others
  5. 2009

    2 rounds

  6. Nov
    LumexisVenture · US · airfax.com$15MWith 2 others
  7. Jul
    NanoBioSeries B · US · fiercebiotech.com$22MSole investor
  8. 2008

    1 round

  9. Sept
    SoftSwitching TechnologiesSeries E · US$2.0MWith 4 others
  10. 2007

    3 rounds

  11. Apr
    BioenvisionVenture · US$7.4MWith 2 others
  12. Mar
    MAP PharmaceuticalsSeries D · US · deals.venturebeat.com$50MWith 5 others
  13. Mar
    ServeronVenture · US · portland.bizjournals.com$5.0MWith 6 others
  14. 2006

    1 round

  15. Jan
    ServeronSeries F · US$3.0MWith 6 others
  16. 2005

    1 round

  17. Apr
    Iridian TechnologiesSeries C · US · allbusiness.com$5.0MWith 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

Named by the firm itself, on a filing, its Form ADV or its company registration13 named

BPBill P. PearsonDirectoriFiling they signed
CDCalvin D. Long, IIDirectoriFiling they signed
DPDarshil PatelManager of General PartneriFiling they signed
FHFrank H. PearlExecutive OfficeriFiling they signed
GPGeorge P. Peoples, Jr.DirectoriFiling they signed
JPJim P. RoquemoreDirectoriFiling they signed
JCJohn C. FoxExecutive OfficeriFiling they signed
KMKenneth M. SochaExecutive OfficeriFiling they signed
LPLawrence P. FineDirectoriFiling they signed
MHMark H.N. CorriganDirectoriFiling they signed
NCNorman C. SelbyExecutive OfficeriFiling they signed
RDRiley D. PolkDirectoriFiling they signed
TPThomas P. WagnerDirectoriFiling they signed

We also hold 13 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 listed2 in all

MAP PharmaceuticalsBought by Allergan$958MJan 2013
SoftSwitching TechnologiesBought by Rockwell AutomationUndisclosedMar 2012

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

Companies it bought

Acquisitions by the firm itself

Twin Lakes Ventures LLCUndisclosedFeb 2014
ETrade Lab LimitadaUndisclosedSept 2012
Wholesale Global ServicesUndisclosedMay 2010

Who they invest alongside

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

Quick answers about Perseus

What does Perseus invest in?

Perseus invests most often at Series C and Venture (55% of the rounds on record), in sectors such as Internet, Real Time and Biotechnology.

How active is Perseus?

11 investments on record, 0 of them in the last 12 months. The most recent was in Aug 2010.

How big are Perseus's cheques?

The median round it joins is $13M.

Does Perseus lead rounds?

Rarely, if at all: none of its 11 investments on record names it as the lead.

Where does Perseus invest?

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

Is Perseus investing now?

It looks quiet: no investment on record since Aug 2010.

Who does Perseus invest alongside?

Most often Cascadia Partners (2 rounds together), El Dorado Investment (2 rounds together) and Nth Power (2 rounds together).

What kind of investor is Perseus?

Perseus is a hedge fund based in Washington, United States.

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it