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JW Asset Management

North America, New York, United States, New York

Description

JW Asset Management is a prominent New York-based investment firm founded by Jason Wild, known for its deep specialization in the healthcare sector, with a particular emphasis on the rapidly evolving cannabis industry. The firm operates as a multi-strategy asset manager, deploying capital across both public and private markets. This dual approach allows JW Asset Management to engage with companies at various stages of their lifecycle, from growth-stage private enterprises to established public entities, leveraging its extensive industry knowledge and network.

The firm's investment philosophy is characterized by a long-term perspective and a hands-on approach, often taking significant stakes in its portfolio companies. Jason Wild, a former pharmacist, brings a unique blend of clinical understanding and financial acumen to the investment process, which has been instrumental in identifying and nurturing promising ventures within complex and regulated markets like cannabis. Their focus extends beyond just capital infusion; they often provide strategic guidance and operational support to help companies scale and navigate regulatory landscapes.

JW Asset Management manages a substantial portfolio, with assets under management (AUM) exceeding $2 billion as of recent reports, underscoring its significant financial capacity. While the firm engages in a range of investment sizes, for its private equity and growth equity investments, it typically acts as a lead or significant participant. For instance, the firm notably led a $100 million financing round for TerrAscend in 2020, demonstrating its capability to deploy substantial capital into high-growth opportunities.

The firm's strategic positioning within the healthcare and cannabis sectors, combined with its substantial capital base and experienced leadership, makes it a key player for companies seeking significant growth funding and strategic partnership. JW Asset Management's track record highlights its ability to identify and invest in companies poised for substantial market impact, particularly within its specialized domains.

Investor Profile

JW Asset Management has backed more than 22 startups, with 0 new investments in the last 12 months alone. The firm has led 13 rounds, about 59% of its total and boasts 8 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Series C rounds (top funding stages).
  • Majority of deals are located in United States, Canada.
  • Strong thematic focus on Pharmaceutical, Cannabis, Medical.
  • Typical check size: $10M – $100M.

Stage Focus

  • Series A (32%)
  • Series B (18%)
  • Series C (14%)
  • Post Ipo Equity (14%)
  • Series Unknown (9%)
  • Seed (9%)
  • Debt Financing (5%)

Country Focus

  • United States (91%)
  • Canada (9%)

Industry Focus

  • Pharmaceutical
  • Cannabis
  • Medical
  • Biotechnology
  • Advertising
  • Cloud Computing
  • Cloud Data Services
  • Compliance
  • Enterprise Software
  • Marketing
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does JW Asset Management frequently co-invest with?

Salveo Capital
North America, Illinois, United States, Chicago
Co-Investments: 3
Ambria Capital
North America, NA - Puerto Rico, Puerto Rico, San Juan
Co-Investments: 2
Phyto Partners
North America, Florida, United States, Boca Raton
Co-Investments: 2
K2
North America, Washington, United States, Bellevue
Co-Investments: 2
Sol Global investments
North America, Ontario, Canada, Toronto
Co-Investments: 3
K2 & Associates
North America, Ontario, Canada, Toronto
Co-Investments: 2
ARCADIAN Fund
North America, California, United States, Beverly Hills
Co-Investments: 1
AC
North America, California, United States, Los Angeles
Co-Investments: 1
Merida Capital Holdings
North America, New York, United States, New York
Co-Investments: 2
Perceptive Advisors
North America, New York, United States, New York
Co-Investments: 3

Which angels does JW Asset Management often collaborate with?

GS
North America, Indiana, United States, Indianapolis
Shared Deals: 1
PC
North America, California, United States, Huntington Beach
Shared Deals: 1
SH
North America, California, United States, Santa Monica
Shared Deals: 1

What are some of recent deals done by JW Asset Management?

Tyson 2.0

Chicago, Illinois, United States

Tyson 2.0 is a cannabis company producing cannabis products known for purity, precision, and wide accessibility.

CannabisE-CommerceRecreationRetail
Series AJun 30, 2022
Amount Raised: $9,000,000
Allumia

Seattle, Washington, United States

Allumia funds, designs, install and maintain a lighting upgrade for commercial and industrial customers.

EnergyLighting
Series AFeb 8, 2022
Amount Raised: $7,500,000
Pistil Data

San Francisco, California, United States

Pistil Data is the leading market intelligence company for CPG brands and retailers.

CannabisMarket Research
SeedNov 16, 2021
Amount Raised: $6,500,000
Semasio

Chicago, Illinois, United States

Semasio is on a mission to power outperformance in a privacy-first world.

AdvertisingCloud ComputingCloud Data ServicesComplianceEnterprise SoftwareMarketing
Series CNov 8, 2021
Amount Raised: $40,000,000
Cityrow Go

New York, New York, United States

Cityrow Go is a rowing-based fitness app for smartphones or tablets.

FitnessMobile AppsVideo
Series AJul 20, 2021
Amount Raised: $12,000,000
Semasio

Chicago, Illinois, United States

Semasio is on a mission to power outperformance in a privacy-first world.

AdvertisingCloud ComputingCloud Data ServicesComplianceEnterprise SoftwareMarketing
Series BApr 6, 2021
Amount Raised: $30,000,000
Gage Cannabis

Detroit, Michigan, United States

Gage Cannabis is a craft cannabis brand and operator.

CannabisConsumerConsumer GoodsMedical
Series UnknownDec 16, 2020
Amount Raised: $10,000,000
Semasio

Chicago, Illinois, United States

Semasio is on a mission to power outperformance in a privacy-first world.

AdvertisingCloud ComputingCloud Data ServicesComplianceEnterprise SoftwareMarketing
Series AAug 12, 2020
Amount Raised: $10,000,000
High 12 Brands

Toronto, Ontario, Canada

High 12 Brands is a brand is an identifier of the larger community in which it resides.

Consumer ResearchCreative AgencyProduct Search
Series AOct 4, 2019
Amount Raised: $4,735,363
Canndescent

Santa Barbara, California, United States

Canndescent is a state compliant cultivator of premium cannabis.

CannabisConsumer GoodsFlowers
Series CSep 10, 2019
Amount Raised: $27,500,000