# Salem Partners: portfolio, investments and team > Salem Partners is a growth equity. 6 investments on record, 1 in the last 12 months, latest May 2026. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/salem-partners (Millionrounds; every figure on the page links to its filing or article) [Investor](https://millionrounds.com/investors) # Salem Partners Last cheque observed May 2026; 6 cheques on record. Email Growth equity Deploying now Last fund $71K, Oct 2019 Series A Growth Series B Follow Salem Partners and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fsalem-partners) Deploying now **100%** of best year **1** **cheques in 12 months**, 6 on record Since the last cheque **164** days **00** hrs **00** min **00** sec Median round **$35M** Rounds led **0 of 6** Sole investor **2 rounds** Exits **1 from the portfolio** Mostly in **United States, 100%** Pitch Salem Partners ## Salem Partners highlights - 01 1 cheques in the last 12 months - 02 Mostly Series A and Growth: 50% of its rounds - 03 Sole investor in 2 rounds, median $24M - 04 1 exits from the portfolio ## What they do - **Type:** Growth equity (from a list, unverified) - **Cheque size:** Not stated - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **6 appearances** - **2026** 1 round - **May** **[Rightsline](https://millionrounds.com/company/rightsline)** Growth · US · Ventureburn **$500M** With 2 others - **2019** 1 round - **Jul** **[OncoNano](https://millionrounds.com/company/onconano)** Series A · US · FinSMEs **$35M** Sole investor - **2018** 1 round - **May** **[OncoNano](https://millionrounds.com/company/onconano)** Series A · US · FinSMEs **$12M** Sole investor - **2015** 1 round - **Apr** **[Femasys](https://millionrounds.com/company/femasys)** Series B · US **$10M** With 2 others - **2014** 1 round - **Mar** **[ZS Pharma](https://millionrounds.com/company/zs-pharma)** Series D · US **$55M** With 8 others - **2012** 1 round - **Oct** **[ZS Pharma](https://millionrounds.com/company/zs-pharma)** Series C · US · bizjournals.com **$46M** With 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 Named by the firm itself, on a filing, its Form ADV or its company registration **1 named** SP **Stephen Prough** MANAGER i Filing they signed We also hold **4** 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 **1 in all** **[ZS Pharma](https://millionrounds.com/company/zs-pharma)** Bought by [AstraZeneca](https://millionrounds.com/fund/astrazeneca) **$2.7B** Nov 2015 An exit counts when it came after the firm's first round in the company. From historical deal records. Latest fund on file **$71K** raised in Oct 2019 From its SEC filing. Nothing newer is on file yet. ## The cheque Series A Growth Series B Median round joined **$35M** the round, not its cheque Alone, median **$24M** Led 0 of 6 rounds **0%** - **Sole investor:** 2 rounds - **Last cheque:** May 2026 - **Exits:** 1 from the portfolio Rounds by stage said on their site - Series A *2* - Growth *1* - Series B *1* - Series C *1* - Series D *1* Cheques by month Led Joined Dec 2023 Nov 2026 Often in the room with - [3x5 Special Opportunity Fund](https://millionrounds.com/fund/3x5-special-opportunity-partners) 2 - [Alta Partners](https://millionrounds.com/fund/alta-partners) 2 - [Devon Park BioVentures](https://millionrounds.com/fund/devon-park-bioventures) 2 - [RiverVest](https://millionrounds.com/fund/rivervest-venture-partners) 2 **Pitching Salem Partners?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Salem Partners. A count of rooms they were both in, not a relationship either has claimed. [**3x5 Special Opportunity Fund** VC firm **2** rounds together](https://millionrounds.com/fund/3x5-special-opportunity-partners)[**Alta Partners** VC firm **2** rounds together](https://millionrounds.com/fund/alta-partners)[**Devon Park BioVentures** Growth equity **2** rounds together](https://millionrounds.com/fund/devon-park-bioventures)[**RiverVest** VC firm **2** rounds together](https://millionrounds.com/fund/rivervest-venture-partners) ## Recently backed The latest companies Salem Partners put money into. [**Rightsline** $500M · May 2026](https://millionrounds.com/company/rightsline) ## Quick answers about Salem Partners ### What does Salem Partners invest in? Salem Partners invests most often at Series A and Growth (50% of the rounds on record). ### How active is Salem Partners? 6 investments on record, 1 of them in the last 12 months. The most recent was in May 2026. ### What has Salem Partners invested in recently? Its most recent investments on record: Rightsline (Growth, May 2026) and OncoNano (Series A, Jul 2019). ### How big are Salem Partners's cheques? The median round it joins is $35M. ### Does Salem Partners lead rounds? Rarely, if at all: none of its 6 investments on record names it as the lead. ### Where does Salem Partners invest? Most of the companies it backs are in the United States (100%). ### Is Salem Partners investing now? Yes: it is actively investing, with 1 investments in the last 12 months. ### Who does Salem Partners invest alongside? Most often 3x5 Special Opportunity Fund (2 rounds together), Alta Partners (2 rounds together) and Devon Park BioVentures (2 rounds together). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=salem-partners) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=salem-partners)