
ProQuest Investments
Description
ProQuest Investments was a venture capital firm based in Princeton, New Jersey, with a dedicated focus on the healthcare sector. Established to finance companies across various stages, from seed to late-stage, ProQuest played a role in supporting the growth of numerous biotechnology and life sciences ventures. The firm's investment strategy centered on identifying promising innovations within pharmaceuticals, medical devices, and diagnostics, aiming to drive advancements in patient care.
Historically, ProQuest Investments was known for its substantial capital commitments. For instance, the firm successfully raised ProQuest Investments III, a fund totaling $250 million, which underscored its capacity to deploy significant resources into its portfolio companies. Typical first-time investments from ProQuest ranged from $5 million to $15 million, reflecting their commitment to providing meaningful capital to their portfolio companies. Their portfolio included notable companies such as Amicus Therapeutics and Proteostasis Therapeutics, among others, demonstrating their breadth of engagement within the healthcare ecosystem.
However, ProQuest Investments is no longer an active investment firm and is reported to be out of business. Consequently, it is not currently making new investments or issuing first cheques. While the firm had a significant historical presence in the healthcare venture capital landscape, its operational status means that current investment parameters, including typical check sizes, are not applicable.
Investor Profile
ProQuest Investments has backed more than 55 startups, with 0 new investments in the last 12 months alone. The firm has led 11 rounds, about 20% of its total and boasts 27 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series Unknown, Series B, Series A rounds (top funding stages).
- Majority of deals are located in United States, Canada, Switzerland.
- Strong thematic focus on Biotechnology, Health Care, Medical.
Stage Focus
- Series Unknown (29%)
- Series B (22%)
- Series A (18%)
- Series C (13%)
- Post Ipo Equity (5%)
- Series D (5%)
- Private Equity (4%)
- Series E (4%)
Country Focus
- United States (87%)
- Canada (5%)
- Switzerland (5%)
- United Kingdom (2%)
Industry Focus
- Biotechnology
- Health Care
- Medical
- Therapeutics
- Pharmaceutical
- Oncology
- Health Diagnostics
- Biopharma
- Medical Device
- Manufacturing
Frequently Asked Questions
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