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Radius Ventures

North America, New York, United States, New York

Description

Radius Ventures is a New York-based venture capital firm with a dedicated focus on the healthcare and life sciences sectors. Established in 1997, the firm has built a reputation for investing in companies that are developing and commercializing innovative products and services aimed at improving healthcare quality and reducing costs. Their investment scope spans across biopharmaceuticals, medical devices, diagnostics, and healthcare services/IT, targeting both early-stage and growth-stage companies.

The firm's investment strategy emphasizes identifying companies with strong management teams, proprietary technologies, and significant market opportunities. Radius Ventures typically provides initial investments ranging from $5 million to $20 million, demonstrating their commitment to substantial capital deployment for promising ventures. They also reserve capital for follow-on investments, which can bring their total commitment to a single company up to $30 million, supporting portfolio companies through various stages of their development and growth.

Over its more than two-decade history, Radius Ventures has successfully raised and managed five distinct funds. Their most recent fund, Radius Ventures V, L.P., closed at $250 million in 2011, contributing to a cumulative total of $700 million in capital under management across all their funds. The firm has invested in over 60 companies, showcasing a broad and diversified portfolio within the healthcare innovation landscape. This extensive experience underscores their deep expertise and network within the specialized sectors they serve.

Investor Profile

Radius Ventures has backed more than 44 startups, with 0 new investments in the last 12 months alone. The firm has led 10 rounds, about 23% of its total and boasts 16 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.
  • Strong thematic focus on Health Care, Medical Device, Health Diagnostics.
  • Typical check size: $5M – $20M.

Stage Focus

  • Series Unknown (36%)
  • Series B (25%)
  • Series A (9%)
  • Series C (9%)
  • Series D (7%)
  • Series G (5%)
  • Series F (2%)
  • Series I (2%)
  • Debt Financing (2%)
  • Post Ipo Equity (2%)

Country Focus

  • United States (100%)

Industry Focus

  • Health Care
  • Medical Device
  • Health Diagnostics
  • Medical
  • Biotechnology
  • Biopharma
  • Pharmaceutical
  • Developer Platform
  • Therapeutics
  • Enterprise Software
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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 Radius Ventures frequently co-invest with?

OrbiMed
North America, New York, United States, New York
Co-Investments: 5
Oakwood Medical Investors
North America, Missouri, United States, St Louis
Co-Investments: 3
DeNovo Ventures
North America, California, United States, Saratoga
Co-Investments: 4
Canaan Partners
North America, California, United States, Menlo Park
Co-Investments: 14
CHL Medical Partners
North America, Connecticut, United States, Stamford
Co-Investments: 4
Chicago Growth Partners
North America, Illinois, United States, Chicago
Co-Investments: 6
Delta Partners
Europe, Dublin, Ireland, Leopardstown
Co-Investments: 4
Prospect Venture Partners
North America, California, United States, Palo Alto
Co-Investments: 4
Advanced Technology Ventures
North America, California, United States, Menlo Park
Co-Investments: 7
FM
North America, Connecticut, United States, Norwalk
Co-Investments: 6

Which angels does Radius Ventures often collaborate with?

JN
North America, California, United States, San Carlos
Shared Deals: 1
GR
North America, Wisconsin, United States, Milwaukee
Shared Deals: 1
WR
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Radius Ventures?

EndoGastric Solutions

San Mateo, California, United States

EGS manufactures EsophyX technology is used to reconstruct the gastroesophageal valve in the TIF 2.0 procedure.

Health CareHealth DiagnosticsMedical Device
Series IJun 19, 2018
Amount Raised: $40,648,790
EndoGastric Solutions

San Mateo, California, United States

EGS manufactures EsophyX technology is used to reconstruct the gastroesophageal valve in the TIF 2.0 procedure.

Health CareHealth DiagnosticsMedical Device
Series UnknownDec 1, 2015
Amount Raised: $50,000,000
Minimally invasive devices

Columbus, Ohio, United States

Minimally Invasive Devices develops surgical tools that facilitate and enable the performance of minimally-invasive surgery.

Enterprise SoftwareMedicalMedical Device
Series CNov 19, 2015
Amount Raised: $14,118,523
Healthsense

Mendota, Minnesota, United States

Healthsense is a provider of aging services technology, offering technology-enabled care solutions for the senior care continuum.

Health CareInformation TechnologyMedicalMedical Device
Series UnknownAug 19, 2014
Amount Raised: $10,000,000
Minimally invasive devices

Columbus, Ohio, United States

Minimally Invasive Devices develops surgical tools that facilitate and enable the performance of minimally-invasive surgery.

Enterprise SoftwareMedicalMedical Device
Debt FinancingJun 24, 2014
Amount Raised: $6,000,000
Impliant

Princeton, New Jersey, United States

Impliant, Inc. develops novel spine arthroplasty solutions for motion preservation. The company offers TOPS system.

BiotechnologyHealth CareHealth DiagnosticsMedical Device
Series UnknownMay 29, 2014
Amount Raised: $7,000,000
EndoGastric Solutions

San Mateo, California, United States

EGS manufactures EsophyX technology is used to reconstruct the gastroesophageal valve in the TIF 2.0 procedure.

Health CareHealth DiagnosticsMedical Device
Series GMay 6, 2014
Amount Raised: $30,000,000
Tabula Rasa Healthcare (formerly CareKinesis)

Moorestown, New Jersey, United States

Tabula Rasa enables medication optimization using its medication risk mitigation technology.

Health CareHospitalRisk Management
Series UnknownSep 12, 2013
Amount Raised: $4,000,000
Minimally invasive devices

Columbus, Ohio, United States

Minimally Invasive Devices develops surgical tools that facilitate and enable the performance of minimally-invasive surgery.

Enterprise SoftwareMedicalMedical Device
Series BJun 17, 2013
Amount Raised: $2,500,000
Healthsense

Mendota, Minnesota, United States

Healthsense is a provider of aging services technology, offering technology-enabled care solutions for the senior care continuum.

Health CareInformation TechnologyMedicalMedical Device
Series UnknownJan 7, 2013
Amount Raised: $7,000,000