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Agent Capital

North America, Massachusetts, United States, Cambridge

Description

Agent Capital is a Cambridge, Massachusetts-based venture capital firm specializing in the life sciences sector. Founded by experienced professionals in biotech and finance, the firm is dedicated to investing in and building companies that develop novel therapeutics, innovative platform technologies, and medical devices. Their strategic location in a major biotech hub allows them close proximity to cutting-edge research and talent, fostering a collaborative environment for their portfolio companies.

The firm's investment strategy spans various stages, from seed and early-stage ventures to growth equity opportunities. Agent Capital seeks to identify and support companies with strong scientific foundations, addressing significant unmet medical needs. They often take an active role in their portfolio companies, leveraging their deep industry expertise and extensive network to accelerate development and commercialization, aiming to translate scientific breakthroughs into tangible patient benefits.

Agent Capital has demonstrated significant fundraising success, underscoring investor confidence in their approach. They successfully closed their debut fund, Agent Capital Fund I, L.P., in 2020 with $150 million in commitments. Building on this momentum, the firm announced the closing of Agent Capital Fund II, L.P. in 2023, which secured $300 million. These substantial funds enable Agent Capital to make meaningful investments and provide sustained support to their portfolio companies throughout their growth trajectories.

Their portfolio reflects a diverse range of therapeutic areas, including oncology, immunology, neurology, and rare diseases, among others. Agent Capital's commitment extends beyond capital, offering strategic guidance and operational support to help transformative life science companies bring their innovations to patients and make a lasting impact on global health.

Investor Profile

Agent Capital has backed more than 49 startups, with 4 new investments in the last 12 months alone. The firm has led 4 rounds, about 8% of its total and boasts 10 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series A, Series C rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, France.
  • Strong thematic focus on Biotechnology, Health Care, Therapeutics.
  • Typical check size: $5M – $25M.

Stage Focus

  • Series B (41%)
  • Series A (24%)
  • Series C (14%)
  • Series Unknown (10%)
  • Seed (6%)
  • Post Ipo Equity (2%)
  • Series D (2%)

Country Focus

  • United States (90%)
  • United Kingdom (4%)
  • France (4%)
  • Switzerland (2%)

Industry Focus

  • Biotechnology
  • Health Care
  • Therapeutics
  • Medical
  • Life Science
  • Biopharma
  • Pharmaceutical
  • Genetics
  • Health Diagnostics
  • Machine Learning
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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 Agent Capital frequently co-invest with?

Wellington Partners
Europe, Bayern, Germany, Munich
Co-Investments: 6
Solasta Ventures
North America, Massachusetts, United States, Boston
Co-Investments: 5
Pfizer Venture Investments
North America, New York, United States, New York
Co-Investments: 6
CA
North America, Massachusetts, United States, Boston
Co-Investments: 6
Alexandria Venture Investments
North America, California, United States, Pasadena
Co-Investments: 8
MRL Ventures Fund
North America, Massachusetts, United States, Cambridge
Co-Investments: 6
RA Capital Management
North America, Massachusetts, United States, Boston
Co-Investments: 7
Tellus BioVentures
North America, New York, United States, Florida
Co-Investments: 6
OUP (Osage University Partners)
North America, Pennsylvania, United States, Bala Cynwyd
Co-Investments: 5
Penn Medicine Co-Investment Program
North America, Pennsylvania, United States, Philadelphia
Co-Investments: 6

Which angels does Agent Capital often collaborate with?

AP
North America, California, United States, San Francisco
Shared Deals: 1
Shared Deals: 1
BA
North America, Maryland, United States, Baltimore
Shared Deals: 1
AR
North America, New York, United States, New York
Shared Deals: 1
CS
North America, Texas, United States, Austin
Shared Deals: 1
VW
North America, Florida, United States, Miami Beach
Shared Deals: 1
KM
North America, Washington, United States, Seattle
Shared Deals: 1
JD
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Agent Capital?

GlycoEra

Schlieren, Zurich, Switzerland

GlycoEra is a biotechnology research company that produces extracellular protein degraders for the treatment of autoimmune diseases.

BiotechnologyHealth CareMedical
Series BMay 27, 2025
Amount Raised: $130,000,000
Hone Health

New York, New York, United States

Hone Health is a telehealth clinic that offers hormone optimization and wellness therapies for both men and women.

Health Care
Series AJan 28, 2025
Amount Raised: $33,000,000
TRex Bio

South San Francisco, California, United States

TRex Bio is a biotechnology company that treats diseases like cancer, fibrotic by studying human tissues.

BioinformaticsBiopharmaBiotechnology
Series BNov 13, 2024
Amount Raised: $84,000,000
Foresight Diagnostics

Denver, Colorado, United States

Foresight Diagnostics develops novel technology for detect cancers from a simple blood draw.

BiotechnologyHealth CarePharmaceutical
Series BJul 30, 2024
Amount Raised: $33,000,000
āshibio

Brisbane, California, United States

āshibio is a privately held biotechnology business exploring innovative therapies to treat bone and connective tissue ailments.

BiotechnologyMedical DeviceTherapeutics
Series AJun 20, 2024
Amount Raised: $40,000,000
Cerevance

Boston, Massachusetts, United States

Cerevance is a biotechnology company that develops novel therapeutics for neurological diseases.

BiotechnologyLife ScienceMedicalTherapeutics
Series BApr 25, 2024
Amount Raised: $47,000,000
Q32 Bio

Cambridge, Massachusetts, United States

Q32 Bio is a biotechnology company that develops treatments for patients with severe autoimmune and inflammatory diseases.

BiotechnologyHealth CareMedicalTherapeutics
Post Ipo EquityMar 25, 2024
Amount Raised: $42,000,000
Cantai Therapeutics

Philadelphia, Pennsylvania, United States

Cantai Therapeutics operates as a developer of drug candidates.

Life ScienceMedical
SeedNov 20, 2023
Amount Raised: $700,000
Vittoria Biotherapeutics

Philadelphia, Pennsylvania, United States

Vittoria Biotherapeutics is a gene-edited cell therapeutics company.

BioinformaticsBiotechnologyTest and Measurement
Series UnknownNov 14, 2023
Amount Raised: $15,000,000
Jana Care

Boston, Massachusetts, United States

Jana Care develops and manufactures a novel-connected blood diagnostic device.

Health CaremHealthPersonal Health
Series BNov 8, 2023
Amount Raised: $6,000,000