Investments
41Portfolio Exits
10Funds
5Service Providers
1About HealthQuest Capital
HealthQuest Capital makes early growth investments in commercial-stage healthcare companies that are improving both patient outcomes and healthcare economics. Investments focus on medical products, diagnostics, healthcare IT and technology-enabled healthcare services. The HealthQuest investing team includes deep operational, clinical and scientific expertise and worldwide relationships throughout the healthcare industry that can be leveraged to add value to portfolio companies. HealthQuest Capital is headquartered in Belmont, CA with offices in Tampa, FL.
HealthQuest Capital Headquarter Location
3000 Sand Hill Road Building 4, Suite 250
Menlo Park, California, 94025,
United States
650-681-8424
Research containing HealthQuest Capital
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned HealthQuest Capital in 1 CB Insights research brief, most recently on Jan 11, 2021.
Latest HealthQuest Capital News
Sep 14, 2021
RareCyte, Inc., a Seattle, WA-based Life Sciences company developing and manufacturing proprietary platforms enabling precision biology solutions, raised $24M in financing.Arboretum Ventures led the financing joined by other new investors F-Prime Capital, Logos Capital, and Agilent Technologies.Existing investors participating in the financing included HealthQuest Capital, 5AM Ventures, and Company founder Ron Seubert.Jan Garfinkle, Arboretum Managing Partner, joined the RareCyte Board of Directors along with Robert Weisskoff, Ph.D., Partner at F-Prime Capital.Led by Joe Victor, President and CEO, RareCyte offers Precision Biologyâ„¢ solutions focused on multiplexed analysis of cells and tissue with applications in both research and clinical diagnostics. Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by StartupAround.
HealthQuest Capital Investments
41 Investments
HealthQuest Capital has made 41 investments. Their latest investment was in RareCyte as part of their Private Equity - IV on September 9, 2021.
HealthQuest Capital Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
9/9/2021 | Private Equity - IV | RareCyte | $24M | No | 3 | |
7/26/2021 | Series B | 83bar | Yes | 1 | ||
6/2/2021 | Series C | Thirty Madison | $140M | Yes | 4 | |
1/15/2021 | Secondary Market | |||||
10/8/2020 | Series D |
Date | 9/9/2021 | 7/26/2021 | 6/2/2021 | 1/15/2021 | 10/8/2020 |
|---|---|---|---|---|---|
Round | Private Equity - IV | Series B | Series C | Secondary Market | Series D |
Company | RareCyte | 83bar | Thirty Madison | ||
Amount | $24M | $140M | |||
New? | No | Yes | Yes | ||
Co-Investors | |||||
Sources | 3 | 1 | 4 |
HealthQuest Capital Portfolio Exits
10 Portfolio Exits
HealthQuest Capital has 10 portfolio exits. Their latest portfolio exit was Bardy Diagnostics on January 19, 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 |
|---|---|---|---|---|---|
1/19/2021 | Acq - Pending | 14 | |||
1/5/2021 | Acquired | 17 | |||
10/1/2020 | IPO | 1 | |||
Date | 1/19/2021 | 1/5/2021 | 10/1/2020 | ||
|---|---|---|---|---|---|
Exit | Acq - Pending | Acquired | IPO | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 14 | 17 | 1 |
HealthQuest Capital Fund History
5 Fund Histories
HealthQuest Capital has 5 funds, including HealthQuest Ajax III SPV.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
10/30/2019 | HealthQuest Ajax III SPV | $40.2M | 1 | ||
5/31/2019 | HealthQuest Ajax II SPV | ||||
4/3/2019 | HealthQuest Partners III | ||||
3/15/2016 | HealthQuest Partners II | ||||
8/19/2014 | HealthQuest Capital I |
Closing Date | 10/30/2019 | 5/31/2019 | 4/3/2019 | 3/15/2016 | 8/19/2014 |
|---|---|---|---|---|---|
Fund | HealthQuest Ajax III SPV | HealthQuest Ajax II SPV | HealthQuest Partners III | HealthQuest Partners II | HealthQuest Capital I |
Fund Type | |||||
Status | |||||
Amount | $40.2M | ||||
Sources | 1 |
HealthQuest Capital Service Providers
1 Service Provider
HealthQuest Capital has 1 service provider relationship
Service Provider | Associated Rounds | Provider Type | Service Type |
|---|---|---|---|
Counsel | General Counsel |
Service Provider | |
|---|---|
Associated Rounds | |
Provider Type | Counsel |
Service Type | General Counsel |
Partnership data by VentureSource
HealthQuest Capital Team
2 Team Members
HealthQuest Capital has 2 team members, including current Founder, Managing Partner, Garheng Kong.
Name | Work History | Title | Status |
|---|---|---|---|
Garheng Kong | Founder, Managing Partner | Current | |
Manfred Yu | Acuta Capital, Visa, and Merrill Lynch - International Wealth Management | Chief Financial Officer | Current |
Name | Garheng Kong | Manfred Yu |
|---|---|---|
Work History | Acuta Capital, Visa, and Merrill Lynch - International Wealth Management | |
Title | Founder, Managing Partner | Chief Financial Officer |
Status | Current | Current |