
Frazier Healthcare Partners
Description
Frazier Healthcare Partners, established in 1991, is a prominent healthcare investment firm with headquarters in Seattle, Washington, and an additional office in Menlo Park, California. The firm is dedicated to providing growth and buyout capital to companies across various sub-sectors within the healthcare industry. With a long-standing history, Frazier has successfully raised over $7.1 billion in capital, solidifying its position as a significant player in healthcare private equity.
The firm operates through two distinct investment strategies: Growth Buyout and Venture. The Growth Buyout strategy focuses on partnering with profitable healthcare services, pharmaceutical services, and medical products companies. For these investments, Frazier typically commits equity checks ranging from $50 million to $300 million, targeting established businesses with strong growth potential and proven business models. This approach emphasizes operational improvements and strategic expansion to drive value creation.
In parallel, Frazier's Venture strategy targets earlier-stage opportunities, primarily within the biopharmaceutical and medical device sectors. This arm of the firm seeks out innovative companies with groundbreaking technologies or therapies that have the potential to significantly impact patient care. Venture investments typically involve equity commitments between $10 million and $50 million, supporting companies through their critical development phases, including clinical trials and commercialization efforts. This dual-strategy approach allows Frazier Healthcare Partners to engage with companies across different stages of their lifecycle, from nascent startups to mature enterprises, all within the dynamic healthcare ecosystem.
Investor Profile
Frazier Healthcare Partners has backed more than 221 startups, with 1 new investments in the last 12 months alone. The firm has led 53 rounds, about 24% of its total and boasts 109 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, Canada, Ireland.
- Strong thematic focus on Biotechnology, Health Care, Therapeutics.
- Typical check size: $10M – $300M.
Stage Focus
- Series B (23%)
- Series A (22%)
- Series C (13%)
- Post Ipo Equity (11%)
- Series Unknown (10%)
- Series D (10%)
- Undisclosed (3%)
- Series E (3%)
- Private Equity (2%)
- Post Ipo Debt (1%)
Country Focus
- United States (95%)
- Canada (1%)
- Ireland (1%)
Industry Focus
- Biotechnology
- Health Care
- Therapeutics
- Medical
- Pharmaceutical
- Medical Device
- Biopharma
- Life Science
- Health Diagnostics
- Manufacturing
Frequently Asked Questions
Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.