
Perseus
Description
Perseus, LLC is a well-established merchant bank and private equity fund management company headquartered in Washington, D.C. Since its inception in 1995, the firm has cultivated a reputation for strategic investments across a diverse array of sectors. Perseus operates with a dual approach, investing both in private equity funds and directly in operating companies, showcasing a flexible and comprehensive investment mandate.
The firm's investment philosophy centers on identifying companies with robust management teams, strong market positions, and substantial growth prospects. Perseus typically seeks to acquire control or significant minority stakes, aligning its interests closely with the long-term success of its portfolio companies. Their target companies generally exhibit enterprise values ranging from $25 million to $250 million, indicating a focus on lower-middle to middle-market businesses.
Perseus has a broad sector focus, with a history of investments spanning healthcare, business services, technology, industrials, consumer, and media. This diversified approach allows them to capitalize on opportunities across various economic cycles and industry trends. The firm has demonstrated significant scale, having managed over $1.5 billion in private equity funds throughout its history. This substantial capital base enables them to execute meaningful transactions and support the growth initiatives of their portfolio companies.
With a track record of investing in over 50 operating companies, Perseus has built a considerable portfolio and gained extensive experience in value creation. Their typical first check sizes for direct investments range from $10 million to $50 million per transaction, reflecting their commitment to providing substantial capital to fuel growth and strategic initiatives within their target companies. This range positions Perseus as a key partner for mid-sized enterprises seeking capital for expansion, acquisitions, or operational improvements.
Investor Profile
Perseus has backed more than 23 startups, with 0 new investments in the last 12 months alone. The firm has led 9 rounds, about 39% of its total and boasts 7 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series C, Series Unknown, Series B rounds (top funding stages).
- Majority of deals are located in United States.
- Strong thematic focus on Software, Biotechnology, Health Care.
- Typical check size: $10M – $50M.
Stage Focus
- Series C (30%)
- Series Unknown (22%)
- Series B (13%)
- Series D (9%)
- Series E (4%)
- Post Ipo Equity (4%)
- Series G (4%)
- Series F (4%)
- Private Equity (4%)
- Series A (4%)
Country Focus
- United States (100%)
Industry Focus
- Software
- Biotechnology
- Health Care
- Energy
- Internet
- Medical
- Real Time
- Hardware
- Semiconductor
- Manufacturing
Frequently Asked Questions
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