# Telegraph Hill Partners: portfolio, investments and team

> Telegraph Hill Partners is a vc firm based in United States. 16 investments on record, latest Nov 2017. Portfolio, stages, co-investors and team.

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

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

# Telegraph Hill Partners

Last cheque observed Nov 2017. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

Quiet New fund $310M, Jun 2022 VC firm

Growth Life Sciences Healthcare Medical Devices

Follow Telegraph Hill Partners and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Ftelegraph-hill-partners)

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 16 on record

Since the last cheque **3287** days **00** hrs **00** min **00** sec

Median round **$9.8M** Rounds led **0 of 16** Sole investor **4 rounds** Exits **7 from the portfolio** Mostly in **United States, 94%**

Pitch Telegraph Hill Partners

## Telegraph Hill Partners highlights

- 01 16 rounds on record
- 02 Mostly Series B and Series C: 54% of its rounds
- 03 Sole investor in 4 rounds, median $9.8M
- 04 7 exits from the portfolio

## What they do

> Telegraph Hill Partners is a venture capital firm dedicated to helping life science, medical device and healthcare companies achieve their growth objectives. From their own website

- **Type:** VC firm
- **Cheque size:** Not stated
- **Stages:** Growth
- **Sectors:** Life Sciences Healthcare Medical Devices
- **Based in:** San Francisco, United States
- **Cold pitches:** Accepted

## The record

Every round we can evidence, newest first **16 appearances**

- **2017** 1 round
- **Nov** **[Aquaro Histology](https://millionrounds.com/company/aquaro-histology)** Series A · US · Crainsdetroit **$9.8M** Sole investor
- **2015** 1 round
- **Sept** **[Precision NanoSystem](https://millionrounds.com/company/precision-nanosystem)** Series A · CA **$13M** With 2 others
- **2012** 1 round
- **Aug** **[RareCyte](https://millionrounds.com/company/rarecyte)** US · in.finance.yahoo.com **Undisclosed** Sole investor
- **2011** 1 round
- **Jan** **[PneumRx](https://millionrounds.com/company/pneumrx)** Venture · US · finsmes.com **$33M** With 7 others
- **2010** 1 round
- **Dec** **[Estech](https://millionrounds.com/company/estech)** Series D · US · finsmes.com **$8.5M** With 3 others
- **2009** 2 rounds
- **Oct** **[CHF Technologies](https://millionrounds.com/company/chf-technologies)** Debt · US · deals.venturebeat.com **$360K** Sole investor
- **Jun** **[Estech](https://millionrounds.com/company/estech)** Series B · US · deals.venturebeat.com **$19M** With 3 others
- **2008** 2 rounds
- **Dec** **[Estech](https://millionrounds.com/company/estech)** Venture · US · smartbrief.com **$11M** With 2 others
- **Jan** **[Confirma](https://millionrounds.com/company/confirma)** Series C · US **$18M** With 3 others
- **2007** 5 rounds
- **Dec** **[Asuragen](https://millionrounds.com/company/asuragen)** Series B · US · asuragen.com **$19M** With 2 others
- **Oct** **[AngioScore](https://millionrounds.com/company/angioscore)** Series E · US · angioscore.com **$30M** With 5 others
- **Sept** **[LDR Holding](https://millionrounds.com/company/ldr-holding)** Series C · US **$25M** With 3 others
- **Mar** **[PneumRx](https://millionrounds.com/company/pneumrx)** Series B · US **$27M** With 5 others
- **Jan** **[Althea Technologies](https://millionrounds.com/company/althea-technologies)** Series C · US **$23M** Sole investor
- **2006** 1 round
- **Jun** **[Asuragen](https://millionrounds.com/company/asuragen)** Series A · US · asuragen.com **$49M** With 1 other
- **2004** 1 round
- **Jul** **[Accumetrics](https://millionrounds.com/company/accumetrics)** Series B · US · sec.gov **$14M** With 8 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 **6 named**

DA **Deval A Lashkari** Senior Partner i Form ADV

JM **J. Matthew Mackowski** Managing Director of the Managing Member of the General Partner. i Filing they signed

JM **Jeanette Marie Welsh** Partner, Chief Operating Officer i Form ADV

JM **John Matthew Mackowski** Chairman, Managing Director i Form ADV

RG **Robert G. Shepler** Member of the Managing Member of the General Partner. i Filing they signed

TA **Thomas Alfred Raffin** Venture Partner i Form ADV

We also hold **18** 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

**$1.2B** gross assets of its funds Oct 2026

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

- **Legal name:** Telegraph HILL Partners Management Company LLC
- **SEC number:** CRD 160448

## What they claim to have backed

From their own portfolio page (on their website)

**8** of 23 we have independently watched raise

[Akoyabio](https://millionrounds.com/company/akoya-biosciences)[Cellmicrosystems](https://millionrounds.com/company/cell-microsystems)[Etherfax](https://millionrounds.com/company/etherfax)[Frontier](https://millionrounds.com/company/frontier)[Invisalertsolutions](https://millionrounds.com/company/invisalert-solutions)[Kytopen](https://millionrounds.com/company/kytopen)[Revmedica](https://millionrounds.com/company/revmedica)[telegraph hill partners Carterra](https://millionrounds.com/company/carterra) Argonautms Dynextechnologies Editco Htslabs Mitostudios Mosaicbio N6tec Nimbletherapeutics Panomebio Promptlycheckin Welcony telegraph hill partners ETS telegraph hill partners Nivagen telegraph hill partners Teknova telegraph hill partners TrakCel

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 listed **7 in all**

**[PneumRx](https://millionrounds.com/company/pneumrx)** Bought by [BTG](https://millionrounds.com/fund/btg) **$475M** Dec 2014

**[AngioScore](https://millionrounds.com/company/angioscore)** Bought by Spectranetics **$230M** May 2014

**[Estech](https://millionrounds.com/company/estech)** Bought by AtriCure **$60M** Dec 2013

**[LDR Holding](https://millionrounds.com/company/ldr-holding)** Listed **$75M** Oct 2013

**[Accumetrics](https://millionrounds.com/company/accumetrics)** Bought by [ITC](https://millionrounds.com/fund/itc) **Undisclosed** Aug 2013

**[Althea Technologies](https://millionrounds.com/company/althea-technologies)** Bought by [Ajinomoto](https://millionrounds.com/fund/ajinomoto) **Undisclosed** Mar 2013

**[Confirma](https://millionrounds.com/company/confirma)** Bought by Merge Healthcare **Undisclosed** Aug 2009

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

New fund on file

**$310M**

raised in Jun 2022

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

## The cheque

Growth

Median round joined **$9.8M** the round, not its cheque Alone, median **$9.8M**

Led 0 of 16 rounds **0%**

- **Sole investor:** 4 rounds
- **Last cheque:** Nov 2017
- **Exits:** 7 from the portfolio

Rounds by stage said on their site

- Series B *4*
- Series C *3*
- Series A *3*
- Venture *2*
- Series D *1*
- Growth said *-*

Cheques by year Led Joined

2004 2017

Often in the room with

- [Saints Capital](https://millionrounds.com/fund/saints-capital) 3
- [Adams Street Partners](https://millionrounds.com/fund/adams-street-partners) 2
- [Alta Partners](https://millionrounds.com/fund/alta-partners) 2
- [Growth Capital Fund](https://millionrounds.com/fund/growth-capital-fund) 2
- [NBGI Ventures](https://millionrounds.com/fund/nbgi-private-equity) 2
- [Spray Venture Partners](https://millionrounds.com/fund/spray-venture-partners) 2

**Pitching Telegraph Hill 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 Telegraph Hill Partners. A count of rooms they were both in, not a relationship either has claimed.

[**Saints Capital** VC firm **3** rounds together](https://millionrounds.com/fund/saints-capital)[**Adams Street Partners** VC firm **2** rounds together](https://millionrounds.com/fund/adams-street-partners)[**Alta Partners** VC firm **2** rounds together](https://millionrounds.com/fund/alta-partners)[**Growth Capital Fund** VC firm **2** rounds together](https://millionrounds.com/fund/growth-capital-fund)[**NBGI Ventures** Growth equity **2** rounds together](https://millionrounds.com/fund/nbgi-private-equity)[**Spray Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/spray-venture-partners)[**Waveland Energy** Private equity **2** rounds together](https://millionrounds.com/fund/waveland-energy)

## Recently backed

The latest companies Telegraph Hill Partners put money into.

[**Aquaro Histology** $9.8M · Nov 2017](https://millionrounds.com/company/aquaro-histology)

## Quick answers about Telegraph Hill Partners

### What does Telegraph Hill Partners invest in?

Telegraph Hill Partners invests most often at Series B and Series C (54% of the rounds on record), in sectors such as Life Sciences, Healthcare and Medical Devices.

### How active is Telegraph Hill Partners?

16 investments on record, 0 of them in the last 12 months. The most recent was in Nov 2017.

### What has Telegraph Hill Partners invested in recently?

Its most recent investments on record: Aquaro Histology (Series A, Nov 2017).

### How big are Telegraph Hill Partners's cheques?

The median round it joins is $9.8M.

### Does Telegraph Hill Partners lead rounds?

Rarely, if at all: none of its 16 investments on record names it as the lead.

### Where does Telegraph Hill Partners invest?

Most of the companies it backs are in the United States (94%) and Canada (6%).

### Is Telegraph Hill Partners investing now?

No investments in the last 12 months; the latest was in Nov 2017.

### Who does Telegraph Hill Partners invest alongside?

Most often Saints Capital (3 rounds together), Adams Street Partners (2 rounds together) and Alta Partners (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=telegraph-hill-partners) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=telegraph-hill-partners)
