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Madryn Asset Management

North America, New York, United States, New York

Description

Madryn Asset Management is a New York-based alternative asset management firm with a specialized focus on the global healthcare sector. The firm primarily invests in commercial-stage and late-stage development life sciences companies, offering customized financing solutions that include debt, structured equity, and royalty financings. Madryn aims to provide flexible capital to companies that require non-dilutive or minimally dilutive funding to advance their products, expand commercialization efforts, or manage their balance sheets. Their investment strategy is centered on identifying companies with strong clinical data, clear regulatory pathways, and significant market potential, often targeting those with established revenue streams or near-term commercialization prospects.

Investor Profile

Madryn Asset Management has backed more than 28 startups, with 2 new investments in the last 12 months alone. The firm has led 18 rounds, about 64% of its total and boasts 7 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Post Ipo Debt, Series Unknown, Debt Financing rounds (top funding stages).
  • Majority of deals are located in United States, Canada.
  • Strong thematic focus on Health Care, Medical, Therapeutics.
  • Led 2 rounds in the past year.
  • Typical check size: $25M – $150M.

Stage Focus

  • Post Ipo Debt (43%)
  • Series Unknown (14%)
  • Debt Financing (11%)
  • Post Ipo Equity (11%)
  • Private Equity (7%)
  • Series D (4%)
  • Series A (4%)
  • Convertible Note (4%)
  • Series E (4%)

Country Focus

  • United States (89%)
  • Canada (11%)

Industry Focus

  • Health Care
  • Medical
  • Therapeutics
  • Neuroscience
  • Psychology
  • Medical Device
  • Biotechnology
  • Wellness
  • Pharmaceutical
  • Beauty
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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 Madryn Asset Management frequently co-invest with?

Farallon Capital Management
North America, California, United States, San Francisco
Co-Investments: 1
Greybrook Realty Partners
North America, Ontario, Canada, Toronto
Co-Investments: 3
Casdin Capital
North America, New York, United States, New York
Co-Investments: 1
Monashee Investment Management
North America, Massachusetts, United States, Boston
Co-Investments: 1
What If Ventures
North America, Texas, United States, Frisco
Co-Investments: 2
Foresite Capital
North America, California, United States, San Francisco
Co-Investments: 1
Castor Ventures
North America, Massachusetts, United States, Boston
Co-Investments: 1
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 1
BW
North America, California, United States, Mill Valley
Co-Investments: 1
Co-Investments: 1

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

Venus Concept

Toronto, Ontario, Canada

Venus Concept is a non-invasive medical aesthetics company that creates cutting-edge technologies and products.

BeautyMedicalMedical DeviceWellness
Post Ipo EquityMar 31, 2025
Amount Raised: $7,651,109
Venus Concept

Toronto, Ontario, Canada

Venus Concept is a non-invasive medical aesthetics company that creates cutting-edge technologies and products.

BeautyMedicalMedical DeviceWellness
Post Ipo EquitySep 27, 2024
Greenbrook

Mclean, Virginia, United States

Greenbrook provides Transcranial Magnetic Stimulation (TMS) therapy for individuals with treatment-resistant depression.

Health CareMedicalNeurosciencePsychologyTherapeutics
Post Ipo DebtJan 19, 2024
Amount Raised: $2,538,071
Greenbrook

Mclean, Virginia, United States

Greenbrook provides Transcranial Magnetic Stimulation (TMS) therapy for individuals with treatment-resistant depression.

Health CareMedicalNeurosciencePsychologyTherapeutics
Post Ipo DebtDec 28, 2023
Amount Raised: $5,300,000
Greenbrook

Mclean, Virginia, United States

Greenbrook provides Transcranial Magnetic Stimulation (TMS) therapy for individuals with treatment-resistant depression.

Health CareMedicalNeurosciencePsychologyTherapeutics
Post Ipo DebtDec 15, 2023
Amount Raised: $4,015,548
Greenbrook

Mclean, Virginia, United States

Greenbrook provides Transcranial Magnetic Stimulation (TMS) therapy for individuals with treatment-resistant depression.

Health CareMedicalNeurosciencePsychologyTherapeutics
Post Ipo DebtDec 5, 2023
Amount Raised: $2,500,000
Greenbrook

Mclean, Virginia, United States

Greenbrook provides Transcranial Magnetic Stimulation (TMS) therapy for individuals with treatment-resistant depression.

Health CareMedicalNeurosciencePsychologyTherapeutics
Post Ipo DebtNov 16, 2023
Amount Raised: $2,500,000
Greenbrook

Mclean, Virginia, United States

Greenbrook provides Transcranial Magnetic Stimulation (TMS) therapy for individuals with treatment-resistant depression.

Health CareMedicalNeurosciencePsychologyTherapeutics
Post Ipo DebtNov 2, 2023
Amount Raised: $2,045,685
Greenbrook

Mclean, Virginia, United States

Greenbrook provides Transcranial Magnetic Stimulation (TMS) therapy for individuals with treatment-resistant depression.

Health CareMedicalNeurosciencePsychologyTherapeutics
Post Ipo DebtOct 13, 2023
Amount Raised: $1,500,000
Greenbrook

Mclean, Virginia, United States

Greenbrook provides Transcranial Magnetic Stimulation (TMS) therapy for individuals with treatment-resistant depression.

Health CareMedicalNeurosciencePsychologyTherapeutics
Post Ipo DebtOct 3, 2023
Amount Raised: $1,900,000