# Scientific Health Development: portfolio, investments and team

> Scientific Health Development is a vc firm based in United States. 7 investments on record, latest Oct 2025. Portfolio, stages, co-investors and team.

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

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

# Scientific Health Development

Last cheque observed Oct 2025. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet New fund $10M, Mar 2010 VC firm

Seed Series A Series B Medtech Healthcare

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 7 on record

Since the last cheque **369** days **00** hrs **00** min **00** sec

Median round **$7.0M** Rounds led **0 of 7** Mostly in **United States, 100%**

Pitch Scientific Health Development

## Scientific Health Development highlights

- 01 7 rounds on record
- 02 Mostly Seed and Series A: 57% of its rounds

## What they do

> Scientific Health Development (SHD) is a venture capital firm based in Dallas, TX. SHD invests in early-stage medtech companies based in the U.S. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Seed Series A Series B Growth
- **Sectors:** Medtech Healthcare
- **Based in:** Dallas, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **7 appearances**

- **2025** 2 rounds
- **Oct** **[SecondWave Systems](https://millionrounds.com/company/secondwave-systems)** Series A · US · Firms' own news pages **Undisclosed** With 4 others
- **Apr** **[SecondWave Systems](https://millionrounds.com/company/secondwave-systems)** Series A · US · Firms' own news pages **$7.0M** With 4 others
- **2015** 4 rounds
- **Oct** **[MiNDERA Corporation](https://millionrounds.com/company/mindera-corporation)** Seed · US **$1.0M** With 1 other
- **Oct** **[Procyrion](https://millionrounds.com/company/procyrion)** Series B · US **$10M** With 1 other
- **Sept** **[MiNDERA Corporation](https://millionrounds.com/company/mindera-corporation)** Seed · US **$1.1M** With 2 others
- **Aug** **[Channel Medsystems](https://millionrounds.com/company/channel-medsystems)** Series C · US **$22M** With 5 others
- **2006** 1 round
- **Nov** **[CureDM](https://millionrounds.com/company/curedm)** Series B · US · curedm.com **$2.5M** With 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 registration **5 named**

AO **Andrew Offer** Chief Executive Officer i Form ADV

CM **Carter Meyer** Manager and CEO i Filing they signed

JS **J. Stuart Fitts** Manager i Filing they signed

JS **Jay Stuart Fitts** Manager i Form ADV

PJ **Philip J. Romano** Manager i Filing they signed

We also hold **7** 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

**$61M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** SHD Management, LLC
- **SEC number:** CRD 170651

## What they claim to have backed

From their own portfolio page (on their website)

**6** of 16 we have independently watched raise

[Coolerheads](https://millionrounds.com/company/cooler-heads)[Early detection of](https://millionrounds.com/company/podimetrics)[Koyamedical](https://millionrounds.com/company/koya-medical)[Minimally invasive cardiac](https://millionrounds.com/company/procyrion)[Sightsciences](https://millionrounds.com/company/sight-sciences)[Urologic](https://millionrounds.com/company/urologic) Azevan Cerevu Dynamic rigidization navigation Eirionthera Endometrial cryoablation technology Low dose radiation Minimally invasive device Non-invasive respiratory stimulation Secondwaveus Technology for post-surgical drainage

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.

New fund on file

**$10M**

raised in Mar 2010

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Seed Series A Series B

Median round joined **$7.0M** the round, not its cheque

Led 0 of 7 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Oct 2025

Rounds by stage said on their site

- Seed said *2*
- Series A said *2*
- Series B said *2*
- Series C *1*
- Growth said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [A Major Healthcare Strategic](https://millionrounds.com/fund/a-major-healthcare-strategic) 2
- [Treo Ventures](https://millionrounds.com/fund/treo-ventures) 2

**Pitching Scientific Health Development?** 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 Scientific Health Development. A count of rooms they were both in, not a relationship either has claimed.

[**A Major Healthcare Strategic** VC firm **2** rounds together](https://millionrounds.com/fund/a-major-healthcare-strategic)[**Treo Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/treo-ventures)

## Quick answers about Scientific Health Development

### What does Scientific Health Development invest in?

Scientific Health Development invests most often at Seed and Series A (57% of the rounds on record), in sectors such as Medtech and Healthcare.

### How active is Scientific Health Development?

7 investments on record, 0 of them in the last 12 months. The most recent was in Oct 2025.

### What has Scientific Health Development invested in recently?

Its most recent investments on record: SecondWave Systems (Series A, Oct 2025).

### How big are Scientific Health Development's cheques?

The median round it joins is $7.0M.

### Does Scientific Health Development lead rounds?

Rarely, if at all: none of its 7 investments on record names it as the lead.

### Where does Scientific Health Development invest?

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

### Is Scientific Health Development investing now?

No investments in the last 12 months; the latest was in Oct 2025.

### Who does Scientific Health Development invest alongside?

Most often A Major Healthcare Strategic (2 rounds together) and Treo Ventures (2 rounds together).

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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=scientific-health-development) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=scientific-health-development)
