Investments
175Portfolio Exits
53Funds
5About Boston Millennia Partners
Boston Millennia Partners provides private equity financing to high growth companies in the healthcare and life sciences industry. The firm seeks to invest up to $15 million in any single portfolio company. Typical first round investments range from $3 million to $10 million, with follow-on financings often doubling the original capital commitment.
Boston Millennia Partners Headquarter Location
30 Rowes Wharf Suite 400
Boston, Massachusetts, 02110,
United States
617-428-5150
Latest Boston Millennia Partners News
Dec 3, 2021
CareAlign , a Philadelphia, PA-based task management system for health care providers, raised $2.3m in financing. Backers included new investors Hofmann Associates (lead), Gaingels and Harvard Angels and existing investors Tech Council Ventures, Boston Millennia Partners’ Founders Fund, Front Row Round and DreamIt. Two unnamed healthcare provider organizations also made commitments. The company intends to use the funds to expand both its sales force and its technology offerings. Led by Chief Executive Officer Subha Airan-Javia, MD, CareAlign provides a HIPAA compliant task management system for health care providers. The company initially validated its care coordination platform in acute care settings by reducing the amount of time clinicians spend in the EHR and improving patient outcomes. This year, CareAlign expanded to post-acute and outpatient care and recently started offering value-based care organizations solutions to help them manage patients as they transition across care settings. Features include an integrated, real-time “progress note” format that enables clinical professionals to understand a patients’ current state of health. Users are linked on a common communication thread and those who share patient caseloads can interact and create “checklists” during rounds to avoid errors. FinSMEs 02/12/2021
Boston Millennia Partners Investments
175 Investments
Boston Millennia Partners has made 175 investments. Their latest investment was in Kaid Health as part of their Series A on May 5, 2022.
Boston Millennia Partners Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
5/24/2022 | Series A | Kaid Health | $4.25M | Yes | Activate Venture Partners, Brandon Hull, Howard Landis, Martinson Ventures, Todd Pietri, and Undisclosed Angel Investors | 3 |
12/7/2021 | Series D | Reveleer | $15M | No | 9 | |
11/30/2021 | Seed VC - II | CareAlign | $2.3M | No | DreamIt Ventures, Front Row Ventures, Gaingels, Harvard Business School Alumni Angels Association, Hofmann Associates, Tech Council Ventures, and Undisclosed Investors | 4 |
11/24/2021 | Seed VC | |||||
6/16/2021 | Seed VC |
Date | 5/24/2022 | 12/7/2021 | 11/30/2021 | 11/24/2021 | 6/16/2021 |
---|---|---|---|---|---|
Round | Series A | Series D | Seed VC - II | Seed VC | Seed VC |
Company | Kaid Health | Reveleer | CareAlign | ||
Amount | $4.25M | $15M | $2.3M | ||
New? | Yes | No | No | ||
Co-Investors | Activate Venture Partners, Brandon Hull, Howard Landis, Martinson Ventures, Todd Pietri, and Undisclosed Angel Investors | DreamIt Ventures, Front Row Ventures, Gaingels, Harvard Business School Alumni Angels Association, Hofmann Associates, Tech Council Ventures, and Undisclosed Investors | |||
Sources | 3 | 9 | 4 |
Boston Millennia Partners Portfolio Exits
53 Portfolio Exits
Boston Millennia Partners has 53 portfolio exits. Their latest portfolio exit was Hurwitz & Associates on October 13, 2021.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
10/13/2021 | Acquired | 1 | |||
8/6/2021 | Acquired | 2 | |||
3/29/2021 | Acq - Pending | 3 | |||
Date | 10/13/2021 | 8/6/2021 | 3/29/2021 | ||
---|---|---|---|---|---|
Exit | Acquired | Acquired | Acq - Pending | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 1 | 2 | 3 |
Boston Millennia Partners Fund History
5 Fund Histories
Boston Millennia Partners has 5 funds, including Boston Millenia Partners IV.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
7/15/2020 | Boston Millenia Partners IV | $22.34M | 4 | ||
12/28/2017 | Boston Millennia Partners IV LP | ||||
7/12/2010 | Boston Millennia Partners III LP | ||||
2/28/2000 | Boston Millennia Partners II LP | ||||
6/30/1998 | Boston Millennia Partners LP |
Closing Date | 7/15/2020 | 12/28/2017 | 7/12/2010 | 2/28/2000 | 6/30/1998 |
---|---|---|---|---|---|
Fund | Boston Millenia Partners IV | Boston Millennia Partners IV LP | Boston Millennia Partners III LP | Boston Millennia Partners II LP | Boston Millennia Partners LP |
Fund Type | |||||
Status | |||||
Amount | $22.34M | ||||
Sources | 4 |
Boston Millennia Partners Team
4 Team Members
Boston Millennia Partners has 4 team members, including current Managing Partner, Dana Callow.
Name | Work History | Title | Status |
---|---|---|---|
Dana Callow | Boston Capital Ventures | Managing Partner | Current |
Martin Hernon | General Partner | Current | |
Robert Sherman | General Partner | Current | |
Robert Edwards | Chief Financial Officer | Former |
Name | Dana Callow | Martin Hernon | Robert Sherman | Robert Edwards |
---|---|---|---|---|
Work History | Boston Capital Ventures | |||
Title | Managing Partner | General Partner | General Partner | Chief Financial Officer |
Status | Current | Current | Current | Former |
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