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ProQuest Investments

North America, New Jersey, United States, Princeton

Description

ProQuest Investments was a venture capital firm based in Princeton, New Jersey, with a dedicated focus on the healthcare sector. Established to finance companies across various stages, from seed to late-stage, ProQuest played a role in supporting the growth of numerous biotechnology and life sciences ventures. The firm's investment strategy centered on identifying promising innovations within pharmaceuticals, medical devices, and diagnostics, aiming to drive advancements in patient care.

Historically, ProQuest Investments was known for its substantial capital commitments. For instance, the firm successfully raised ProQuest Investments III, a fund totaling $250 million, which underscored its capacity to deploy significant resources into its portfolio companies. Typical first-time investments from ProQuest ranged from $5 million to $15 million, reflecting their commitment to providing meaningful capital to their portfolio companies. Their portfolio included notable companies such as Amicus Therapeutics and Proteostasis Therapeutics, among others, demonstrating their breadth of engagement within the healthcare ecosystem.

However, ProQuest Investments is no longer an active investment firm and is reported to be out of business. Consequently, it is not currently making new investments or issuing first cheques. While the firm had a significant historical presence in the healthcare venture capital landscape, its operational status means that current investment parameters, including typical check sizes, are not applicable.

Investor Profile

ProQuest Investments has backed more than 55 startups, with 0 new investments in the last 12 months alone. The firm has led 11 rounds, about 20% of its total and boasts 27 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series Unknown, Series B, Series A rounds (top funding stages).
  • Majority of deals are located in United States, Canada, Switzerland.
  • Strong thematic focus on Biotechnology, Health Care, Medical.

Stage Focus

  • Series Unknown (29%)
  • Series B (22%)
  • Series A (18%)
  • Series C (13%)
  • Post Ipo Equity (5%)
  • Series D (5%)
  • Private Equity (4%)
  • Series E (4%)

Country Focus

  • United States (87%)
  • Canada (5%)
  • Switzerland (5%)
  • United Kingdom (2%)

Industry Focus

  • Biotechnology
  • Health Care
  • Medical
  • Therapeutics
  • Pharmaceutical
  • Oncology
  • Health Diagnostics
  • Biopharma
  • Medical Device
  • Manufacturing
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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 ProQuest Investments frequently co-invest with?

Abingworth
Europe, England, United Kingdom, London
Co-Investments: 3
Sofinnova Investments
North America, California, United States, Menlo Park
Co-Investments: 4
Canaan Partners
North America, California, United States, Menlo Park
Co-Investments: 7
Domain Associates
North America, California, United States, San Diego
Co-Investments: 11
InterWest Partners
North America, California, United States, Menlo Park
Co-Investments: 4
New Enterprise Associates
North America, California, United States, Menlo Park
Co-Investments: 9
Versant Ventures
North America, California, United States, Menlo Park
Co-Investments: 7
CHL Medical Partners
North America, Connecticut, United States, Stamford
Co-Investments: 4
Johnson & Johnson Development Corporation
North America, New Jersey, United States, New Brunswick
Co-Investments: 5
Alta Partners
North America, Mississippi, United States, Jackson
Co-Investments: 4

What are some of recent deals done by ProQuest Investments?

SomaLogic

Boulder, Colorado, United States

SomaLogic is a protein biomarker discovery and clinical diagnostics company, offers SOMAmer technology to improve diagnostic products.

BiotechnologyHealth CareHealth DiagnosticsMedical Device
Series UnknownJan 3, 2018
Amount Raised: $200,000,000
ReVision Optics

Lake Forest, California, United States

ReVision Optics offers PRESBYLENS, a refractive surgery solution to correct vision loss by the natural aging process.

BiotechnologyHealth CareManufacturingMedicalProduct Design
Series UnknownNov 10, 2016
Amount Raised: $32,000,000
Agile Therapeutics

Princeton, New Jersey, United States

Agile Therapeutics is pharmaceutical company developing contraceptive healthcare products for women.

BiotechnologyHealth CareWomen's
Post Ipo EquityFeb 6, 2015
Amount Raised: $20,000,000
SomaLogic

Boulder, Colorado, United States

SomaLogic is a protein biomarker discovery and clinical diagnostics company, offers SOMAmer technology to improve diagnostic products.

BiotechnologyHealth CareHealth DiagnosticsMedical Device
Series UnknownNov 17, 2014
Amount Raised: $16,500,000
Mevion Medical Systems

Littleton, Massachusetts, United States

Mevion Medical Systems develops radiation therapies for the treatment of cancer.

BiotechnologyHealth CareTherapeutics
Private EquityAug 4, 2014
Amount Raised: $200,000,000
Telormedix

Bioggio, Ticino, Switzerland

Telormedix is a biopharmaceutical company developing therapeutics based on targeted immunity for cancer and autoimmune diseases.

BiopharmaBiotechnologyHealth CareTherapeutics
Series BDec 2, 2013
Amount Raised: $8,340,532
Immune Design

Seattle, Washington, United States

Immune Design develops vaccines and therapeutics for the prevention and treatment of infectious diseases.

BiotechnologyHealth CareTherapeutics
Series COct 30, 2013
Amount Raised: $49,000,000
ReVision Optics

Lake Forest, California, United States

ReVision Optics offers PRESBYLENS, a refractive surgery solution to correct vision loss by the natural aging process.

BiotechnologyHealth CareManufacturingMedicalProduct Design
Series EJul 29, 2013
Amount Raised: $55,000,000
Mevion Medical Systems

Littleton, Massachusetts, United States

Mevion Medical Systems develops radiation therapies for the treatment of cancer.

BiotechnologyHealth CareTherapeutics
Private EquityJun 25, 2013
Amount Raised: $55,000,000
ReVision Optics

Lake Forest, California, United States

ReVision Optics offers PRESBYLENS, a refractive surgery solution to correct vision loss by the natural aging process.

BiotechnologyHealth CareManufacturingMedicalProduct Design
Series EApr 16, 2013
Amount Raised: $14,999,998