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Venture Capital
prospectventures.com

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Investments

157

Portfolio Exits

37

Funds

5

About Prospect Venture Partners

Prospect Venture Partners is a Palo Alto, California based venture capital firm with over $1B of capital under management. The firm is dedicated to investing in biopharmaceutical and medical device companies. The firm invests in companies with a wide variety of development and financing requirements including new company incubations, first and second venture financing rounds, and later stage private and public companies with proven business models requiring expansion capital.Prospect Venture Partners seeks to ultimately invest $10-$20 million in each company as a lead investor or as a co-lead in an investor syndicate. First round investments generally range from $500,000 to $10 million. Prospect Venture Partners typically has representation on the board of each of its portfolio companies, and serves as an active partner.

Prospect Venture Partners Headquarter Location

435 Tasso Street Suite 200

Palo Alto, California, 94301,

United States

650 327 8800

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Research containing Prospect Venture Partners

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Prospect Venture Partners in 1 CB Insights research brief, most recently on Apr 8, 2019.

Latest Prospect Venture Partners News

Lori Simotas

Aug 1, 2019

She is responsible for finance, legal, information technology, human resources, and internal operations. Lori was formerly Chief Financial Officer of Prospect Venture Partners where her responsibilities included managing operations, accounting, budgeting, financial reporting, and portfolio company investment modeling. Prior to Prospect, Lori served as Director of Finance for Opus Capital, Director of Finance for Lightspeed Venture Partners, and served a broad array of venture capital firms in her capacity as Western Region Project Manager for Analytx, Inc. Interests: Skiing, golfing, and travelling. Links

Prospect Venture Partners Investments

157 Investments

Prospect Venture Partners has made 157 investments. Their latest investment was in Third Eye Health as part of their Series A on January 1, 2019.

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Prospect Venture Partners Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

1/23/2019

Series A

Third Eye Health

$7.25M

Yes

1

9/27/2016

Series D

SentreHEART

$35M

No

2

11/25/2015

Series C

NinePoint Medical

$30.67M

No

1

3/23/2015

Series D

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$99M

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10

4/17/2014

Series B

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$99M

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10

Date

1/23/2019

9/27/2016

11/25/2015

3/23/2015

4/17/2014

Round

Series A

Series D

Series C

Series D

Series B

Company

Third Eye Health

SentreHEART

NinePoint Medical

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Amount

$7.25M

$35M

$30.67M

$99M

$99M

New?

Yes

No

No

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Co-Investors

Sources

1

2

1

10

10

Prospect Venture Partners Portfolio Exits

37 Portfolio Exits

Prospect Venture Partners has 37 portfolio exits. Their latest portfolio exit was Helsinn on August 06, 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

8/6/2021

Acquired

$99M

2

8/12/2019

Acquired

$99M

5

6/18/2019

Acquired

3

4/4/2019

IPO

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$99M

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10

1/10/2017

Acquired

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10

Date

8/6/2021

8/12/2019

6/18/2019

4/4/2019

1/10/2017

Exit

Acquired

Acquired

Acquired

IPO

Acquired

Companies

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Valuation

$99M

$99M

$99M

Acquirer

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Sources

2

5

3

10

10

Prospect Venture Partners Acquisitions

1 Acquisition

Prospect Venture Partners acquired 1 company. Their latest acquisition was Patient Care on August 20, 2008.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

8/20/2008

$99M

Acquired

Date

8/20/2008

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Acquired

Sources

Prospect Venture Partners Fund History

5 Fund Histories

Prospect Venture Partners has 5 funds, including Prospect Venture Partners IV LP.

Closing Date

Fund

Fund Type

Status

Amount

Sources

8/18/2010

Prospect Venture Partners IV LP

Early-Stage Venture Capital

Withdrawn

$150M

1

11/30/2004

Prospect Venture Partners III LP

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$99M

10

2/8/2002

Prospect Associates II

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$99M

10

7/20/2001

Prospect Venture Partners II LP

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$99M

10

4/30/1998

Prospect Venture Partners LP

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$99M

10

Closing Date

8/18/2010

11/30/2004

2/8/2002

7/20/2001

4/30/1998

Fund

Prospect Venture Partners IV LP

Prospect Venture Partners III LP

Prospect Associates II

Prospect Venture Partners II LP

Prospect Venture Partners LP

Fund Type

Early-Stage Venture Capital

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Status

Withdrawn

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Amount

$150M

$99M

$99M

$99M

$99M

Sources

1

10

10

10

10

Prospect Venture Partners Team

10 Team Members

Prospect Venture Partners has 10 team members, including current Chief Financial Officer, Rebecca Lucia.

Name

Work History

Title

Status

Jim Tananbaum

Founder

Current

Rebecca Lucia

Chief Financial Officer

Current

Dave Markland

Chief Financial Officer

Current

Alex Barkas

Managing Director

Current

Russell Hirsch

Managing Director

Current

Name

Jim Tananbaum

Rebecca Lucia

Dave Markland

Alex Barkas

Russell Hirsch

Work History

Title

Founder

Chief Financial Officer

Chief Financial Officer

Managing Director

Managing Director

Status

Current

Current

Current

Current

Current

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