United States · Investor

Prospect Venture Partners

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

QuietVC firm

SeedSeries ASeries BLife SciencesBiomedical

Cheques on record
0%of best year0cheques in 12 months, 59 on record
Since the last cheque4580days00hrs00min00sec
Median round$30MRounds led0 of 59Sole investor3 roundsExits10 from the portfolioMostly inUnited States, 100%
Pitch Prospect Venture Partners

Prospect Venture Partners highlights

  1. 01

    59 rounds on record

  2. 02

    Mostly Series B and Series A: 56% of its rounds

  3. 03

    Sole investor in 3 rounds, median $11M

  4. 04

    10 exits from the portfolio

What they do

Prospect Venture Partners is a leading life sciences venture capital firm dedicated to building outstanding biomedical companies.From their own website
Type
VC firm
Cheque size
Not stated
Stages
SeedSeries ASeries BGrowth
Sectors
Life SciencesBiomedical
Based in
Palo Alto, United States
Cold pitches
Not accepted

The record

Every round we can evidence, newest first59 appearances

  1. 2014

    2 rounds

  2. Apr
    Nora TherapeuticsSeries B · US$18MWith 4 others
  3. Mar
    NinePoint MedicalSeries B · US$34MWith 2 others
  4. 2013

    1 round

  5. Jul
    NGM BiopharmaceuticalsSeries C · US · fiercebiotech.com$50MWith 4 others
  6. 2012

    2 rounds

  7. Jun
    SentreHEARTSeries C · US · finsmes.com$26MWith 2 others
  8. Feb
    Satori PharmaceuticalsVenture · US · finsmes.com$15MWith 2 others
  9. 2011

    7 rounds

  10. Nov
    DFineVenture · US · finsmes.com$25MWith 4 others
  11. Nov
    NGM BiopharmaceuticalsSeries B · US · sec.gov$55MWith 2 others
  12. Oct
    Topica PharmaceuticalsSeries B · US · finsmes.com$27MWith 2 others
  13. Oct
    Azelon PharmaceuticalsSeries A · US · finsmes.com$4.5MWith 2 others
  14. Sept
    Kythera BiopharmaceuticalsSeries D · US · finsmes.com$37MWith 6 others
  15. Jan
    SurePoint MedicalUS · finsmes.comUndisclosedSole investor
  16. Jan
    Satori PharmaceuticalsSeries B · US · sec.gov$7.0MWith 3 others
  17. 2010

    7 rounds

  18. Oct
    NinePoint MedicalSeries A · US · fiercebiotech.com$33MWith 1 other
  19. Oct
    Pathwork DiagnosticsSeries C · US · fis.dowjones.com$30MWith 5 others
  20. Aug
    Complete GenomicsSeries E · US · completegenomics.com$39MWith 6 others
  21. Jul
    DFineVenture · US · deals.venturebeat.com$36MWith 3 others
  22. Jun
    BaxanoSeries C · US · onbiovc.com$30MWith 5 others
  23. Jan
    NeomendSeries D · US · finsmes.com$30MWith 4 others
  24. Jan
    DFineVenture · US · deals.venturebeat.com$2.8MWith 4 others
  25. 2009

    9 rounds

  26. Dec
    NGM BiopharmaceuticalsSeries A · US · sec.gov$27MWith 2 others
  27. Oct
    Lux BiosciencesSeries B · US · venturebeat.com$50MWith 3 others
  28. Sept
    Alvine PharmaceuticalsSeries A · US · deals.venturebeat.com$22MWith 5 others
  29. Aug
    Gloucester PharmaceuticalsSeries D · US · gloucesterpharma.com$29MWith 4 others
  30. Aug
    Complete GenomicsSeries D · US · fiercebiotech.com$45MWith 5 others
  31. Jun
    Portola PharmaceuticalsSeries C · US$60MWith 17 others
  32. May
    VisiogenSeries D · US · onbiovc.com$40MWith 6 others
  33. Jan
    Satori PharmaceuticalsSeries A · US · satoripharma.com$22MWith 3 others
  34. Jan
    DFineVenture · US · biospace.com$35MWith 4 others
  35. 2008

    4 rounds

  36. Sept
    BaxanoSeries B · US$20MWith 2 others
  37. May
    Kythera BiopharmaceuticalsSeries C · US$30MWith 7 others
  38. Apr
    DFineSeries D · US$20MWith 1 other
  39. Feb
    NGM BiopharmaceuticalsSeries A · US$25MWith 2 others
  40. 2007

    6 rounds

  41. Dec
    Cogentus PharmaceuticalsSeries C · US · deals.venturebeat.com$63MWith 3 others
  42. Jul
    NeomendSeries C · US$6.0MWith 1 other
  43. Jun
    Roxro PharmaSeries B · US · venturebeat.com$43MWith 2 others
  44. Apr
    SurgRx, IncSeries F · US$20MWith 5 others
  45. Apr
    Cogentus PharmaceuticalsSeries B · US$15MSole investor
  46. Mar
    Amira PharmaceuticalsSeries B · US$25MWith 3 others
  47. 2006

    3 rounds

  48. Sept
    Alvine PharmaceuticalsSeries A · US · deals.venturebeat.com$8.0MWith 1 other
  49. Jul
    Kythera BiopharmaceuticalsSeries B · US · kytherabiopharma.com$30MWith 5 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

We hold 3 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 they claim to have backed

From their own portfolio page (on their website)

3 of 13 we have independently watched raise

insmedportolasentreheartNGMNine pointamiraaveoiduninfinityjazz2nanopanmiravitae

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 listed10 in all

Kythera BiopharmaceuticalsBought by Allergan$2.1BJun 2015
Portola PharmaceuticalsListed$100MMay 2013
BaxanoBought by TranS1UndisclosedMar 2013
NeomendBought by C. R. Bard$140MOct 2012
AVEO PharmaceuticalsListedUndisclosedMar 2010
Gloucester PharmaceuticalsBought by Celgene$640MDec 2009
VisiogenBought by Abbott Labs$400MSept 2009
TercicaBought by Ipsen$480MJun 2008
Jazz PharmaceuticalsListedUndisclosedMay 2007

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

Who they invest alongside

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

Quick answers about Prospect Venture Partners

What does Prospect Venture Partners invest in?

Prospect Venture Partners invests most often at Series B and Series A (56% of the rounds on record), in sectors such as Life Sciences and Biomedical.

How active is Prospect Venture Partners?

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

How big are Prospect Venture Partners's cheques?

The median round it joins is $30M.

Does Prospect Venture Partners lead rounds?

Rarely, if at all: none of its 59 investments on record names it as the lead.

Where does Prospect Venture Partners invest?

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

Is Prospect Venture Partners investing now?

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

Who does Prospect Venture Partners invest alongside?

Most often Venrock (9 rounds together), New Enterprise Associates (7 rounds together) and Rho Capital Partners (7 rounds together).

What kind of investor is Prospect Venture Partners?

Prospect Venture Partners is a VC firm based in Palo Alto, 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