Investments
38Portfolio Exits
10Funds
1Partners & Customers
1About Physic Ventures
Physic Ventures, based in San Francisco, provides capital and support to entrepreneurs focused on building exceptional science-based, consumer-directed health and sustainable living companies.
Latest Physic Ventures News
Apr 7, 2015
Published On April 7, 2015 | WaterSmart Software , a San Francisco, CA-based customer engagement platform for water utilities, closed a $7M Series B funding round. The round was led by a large family offices with participation from existing investors The Westly Group, Apsara Capital, Physic Ventures, and Draper Fisher Jurvetson (DFJ). In conjunction with the funding, Hal Harvey of Energy Innovation will join WaterSmart’s Board of Directors which already includes Steve Westly (Westly Group), Will Rosenzweig (Physic Ventures), Steve Bennet (Sand Hill Angels), Robin Gilthorpe and Peter Yolles (WaterSmart Founder). The company intends to use the capital to continue to scale the business by expanding sales and investing in additional platform capabilities. Led by Robin Gilthorpe, CEO, WaterSmart uses analytics and behavioral science techniques to increase customer engagement and drive household actions that save water, energy and money. The cloud-based platform includes tools that allow utility managers to segment customer water consumption data, generate targeted communications, and identify operational efficiencies. FinSMEs
Physic Ventures Investments
38 Investments
Physic Ventures has made 38 investments. Their latest investment was in WaterSmart Software as part of their Series B - II on April 4, 2016.

Physic Ventures Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
4/7/2016 | Series B - II | WaterSmart Software | $3M | No | 1 | |
4/7/2015 | Series B | WaterSmart Software | $7M | No | 3 | |
8/12/2014 | Series E | Gazelle | $9.5M | No | 2 | |
8/1/2014 | Series B | |||||
12/10/2013 | Series D |
Date | 4/7/2016 | 4/7/2015 | 8/12/2014 | 8/1/2014 | 12/10/2013 |
---|---|---|---|---|---|
Round | Series B - II | Series B | Series E | Series B | Series D |
Company | WaterSmart Software | WaterSmart Software | Gazelle | ||
Amount | $3M | $7M | $9.5M | ||
New? | No | No | No | ||
Co-Investors | |||||
Sources | 1 | 3 | 2 |
Physic Ventures Portfolio Exits
10 Portfolio Exits
Physic Ventures has 10 portfolio exits. Their latest portfolio exit was Novomer on July 28, 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 |
---|---|---|---|---|---|
7/28/2021 | Acquired | 5 | |||
6/30/2021 | Acquired | 4 | |||
12/1/2020 | Acq - Fin | 2 | |||
Date | 7/28/2021 | 6/30/2021 | 12/1/2020 | ||
---|---|---|---|---|---|
Exit | Acquired | Acquired | Acq - Fin | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 5 | 4 | 2 |
Physic Ventures Fund History
1 Fund History
Physic Ventures has 1 fund, including Physic Ventures LP.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
7/14/2008 | Physic Ventures LP | Multi-Stage Venture Capital | Closed | $159M | 1 |
Closing Date | 7/14/2008 |
---|---|
Fund | Physic Ventures LP |
Fund Type | Multi-Stage Venture Capital |
Status | Closed |
Amount | $159M |
Sources | 1 |
Physic Ventures Partners & Customers
1 Partners and customers
Physic Ventures has 1 strategic partners and customers. Physic Ventures recently partnered with Unilever on June 6, 2012.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
6/1/2012 | Partner | United Kingdom | Physic lead the Series A financing for Novomer and facilitated an early partnership with Unilever . | 1 |
Date | 6/1/2012 |
---|---|
Type | Partner |
Business Partner | |
Country | United Kingdom |
News Snippet | Physic lead the Series A financing for Novomer and facilitated an early partnership with Unilever . |
Sources | 1 |
Physic Ventures Team
4 Team Members
Physic Ventures has 4 team members, including , .
Name | Work History | Title | Status |
---|---|---|---|
Dion Madsen | BDC Healthcare Venture Fund, Unilever Technology, and RBC Capital Partners | Founder | Current |
Name | Dion Madsen | |||
---|---|---|---|---|
Work History | BDC Healthcare Venture Fund, Unilever Technology, and RBC Capital Partners | |||
Title | Founder | |||
Status | Current |
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