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Psilos Group

North America, New York, United States, New York

Description

Psilos Group was a prominent private equity firm established in 1998, based in New York City, with a dedicated focus on the healthcare sector. Over its active investment period, the firm specialized in growth equity and leveraged buyout transactions across various healthcare sub-sectors, including healthcare services, healthcare information technology, and medical devices. Psilos aimed to partner with management teams to scale innovative companies and drive value creation within the complex healthcare ecosystem.

The firm successfully raised multiple funds, demonstrating its capacity to attract significant institutional capital. One of its notable achievements was the closing of Psilos Group Partners IV, L.P. in 2008, which secured $525 million in commitments. This fund, like its predecessors, was deployed to support companies poised for substantial growth and transformation within healthcare. Psilos's investment philosophy often involved providing capital for expansion, strategic acquisitions, and operational improvements, leveraging its deep industry expertise and network.

However, Psilos Group appears to have transitioned into a legacy or harvesting phase and is no longer actively making new investments. Publicly available information, including their LinkedIn presence which shows no activity since 2014 and a defunct corporate website, suggests that the firm has ceased new deal sourcing. Many of the firm's former partners have since moved on to establish or join other prominent healthcare investment vehicles, indicating a strategic shift or wind-down of the original Psilos Group's active investment operations.

While Psilos Group historically played a significant role in fostering growth within the healthcare industry through its strategic investments and substantial capital deployment, its current status reflects a firm that has concluded its active investment cycle. As such, it is not currently seeking new portfolio companies or deploying fresh capital into the market.

Investor Profile

Psilos Group has backed more than 37 startups, with 0 new investments in the last 12 months alone. The firm has led 18 rounds, about 49% of its total and boasts 16 exits across its portfolio.

Investment Focus Highlights

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

Stage Focus

  • Series B (32%)
  • Series Unknown (24%)
  • Series C (16%)
  • Series A (16%)
  • Series D (5%)
  • Series E (5%)

Country Focus

  • United States (97%)
  • France (3%)

Industry Focus

  • Health Care
  • Medical
  • Biotechnology
  • Software
  • Medical Device
  • Hospital
  • Mhealth
  • Information Technology
  • Pharmaceutical
  • 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 Psilos Group frequently co-invest with?

Chase Capital Partners
North America, New York, United States, New York
Co-Investments: 2
3i Group
Europe, England, United Kingdom, London
Co-Investments: 3
Integral Capital Partners
North America, California, United States, Menlo Park
Co-Investments: 2
Pelion Venture Partners
North America, Utah, United States, Salt Lake City
Co-Investments: 5
Bain Capital
North America, Massachusetts, United States, Boston
Co-Investments: 2
IV
Asia, Yerushalayim, Israel, Jerusalem
Co-Investments: 3
Merck Global Health Innovation Fund
North America, New Jersey, United States, Whitehouse Station
Co-Investments: 3
TH
North America, California, United States, San Francisco
Co-Investments: 3
Camden Partners
North America, Maryland, United States, Baltimore
Co-Investments: 4
California Technology Ventures
North America, California, United States, Pasadena
Co-Investments: 4

What are some of recent deals done by Psilos Group?

PatientSafe Solutions

San Diego, California, United States

PatientSafe Solutions offers mobile point-of-care solutions and technologies for accountable care.

BiotechnologyHealth CareHospitalMedicalmHealthSoftware
Series UnknownSep 25, 2017
Amount Raised: $25,000,000
Gamma Medica

Salem, New Hampshire, United States

Gamma Medica offers LumaGEM® MBI System, an FDA-cleared dual-headed digital imaging system.

BiotechnologyHealth CarePharmaceutical
Series BOct 22, 2014
Amount Raised: $5,000,000
PatientSafe Solutions

San Diego, California, United States

PatientSafe Solutions offers mobile point-of-care solutions and technologies for accountable care.

BiotechnologyHealth CareHospitalMedicalmHealthSoftware
Series CSep 24, 2013
Amount Raised: $7,000,000
Gamma Medica

Salem, New Hampshire, United States

Gamma Medica offers LumaGEM® MBI System, an FDA-cleared dual-headed digital imaging system.

BiotechnologyHealth CarePharmaceutical
Series AJul 16, 2013
Amount Raised: $16,000,000
PatientSafe Solutions

San Diego, California, United States

PatientSafe Solutions offers mobile point-of-care solutions and technologies for accountable care.

BiotechnologyHealth CareHospitalMedicalmHealthSoftware
Series CJan 7, 2013
Amount Raised: $20,000,000
SeeChange Health

San Francisco, California, United States

SeeChange Health is a web platform delivering health-related plans, technology and services for employees.

Health CareLife ScienceMedical
Series CJan 7, 2013
Amount Raised: $15,000,000
SeeChange Health

San Francisco, California, United States

SeeChange Health is a web platform delivering health-related plans, technology and services for employees.

Health CareLife ScienceMedical
Series BJul 11, 2011
Amount Raised: $20,000,000
PatientSafe Solutions

San Diego, California, United States

PatientSafe Solutions offers mobile point-of-care solutions and technologies for accountable care.

BiotechnologyHealth CareHospitalMedicalmHealthSoftware
Series BMar 17, 2010
Amount Raised: $30,000,000
Gamma Medica-Ideas

Northridge, California, United States

Gamma Medica-Ideas develops novel technologies for markets that improve patient health through the early diagnosis of diseases.

Health CareHealth DiagnosticsMedical Device
Series AOct 30, 2009
Amount Raised: $14,000,000
SeeChange Health

San Francisco, California, United States

SeeChange Health is a web platform delivering health-related plans, technology and services for employees.

Health CareLife ScienceMedical
Series AOct 9, 2009
Amount Raised: $40,000,000