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Red Abbey Venture Partners

North America, Maryland, United States, Baltimore

Description

Red Abbey Venture Partners, established in 2004 and based in Baltimore, Maryland, is a specialized venture capital firm dedicated to the life sciences sector. The firm primarily focuses on early-stage and growth-stage companies developing innovative solutions in biotechnology, medical devices, diagnostics, and healthcare information technology. With a strategic emphasis on the Mid-Atlantic region, including Baltimore, Washington D.C., and Philadelphia, Red Abbey also extends its investment reach nationally to promising opportunities.

The firm's investment philosophy centers on building long-term partnerships with portfolio companies. Red Abbey Venture Partners typically seeks to be an active investor, often taking board seats and leveraging its extensive network within the life sciences industry to provide strategic guidance, operational support, and access to key resources. This hands-on approach is designed to help portfolio companies navigate the complex development and commercialization pathways inherent in the life sciences.

While Red Abbey Venture Partners' total investment over the life of a company can range from $1 million to $5 million, their initial first checks typically fall within the range of $500,000 to $2,000,000. The firm has built a diversified portfolio of over 20 companies since its inception, demonstrating a consistent commitment to fostering innovation in critical healthcare areas. Notable past investments include GlycoMimetics, which successfully completed an initial public offering, and NexImmune, showcasing their ability to back companies with significant growth potential.

Red Abbey Venture Partners maintains a disciplined investment approach, identifying companies with strong intellectual property, experienced management teams, and clear pathways to market. Their focus on the life sciences reflects a deep understanding of the sector's unique challenges and opportunities, positioning them as a valuable partner for emerging and growing companies aiming to make a significant impact on human health.

Investor Profile

Red Abbey Venture Partners has backed more than 20 startups, with 0 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 8 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series C, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Canada.
  • Strong thematic focus on Biotechnology, Health Care, Pharmaceutical.
  • Typical check size: $500K – $2M.

Stage Focus

  • Series C (30%)
  • Series A (25%)
  • Series B (15%)
  • Seed (15%)
  • Series D (10%)
  • Post Ipo Equity (5%)

Country Focus

  • United States (80%)
  • United Kingdom (15%)
  • Canada (5%)

Industry Focus

  • Biotechnology
  • Health Care
  • Pharmaceutical
  • Medical
  • Therapeutics
  • Biopharma
  • Manufacturing
  • Medical Device
  • Mhealth
  • Personal Health
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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 Red Abbey Venture Partners frequently co-invest with?

OrbiMed
North America, New York, United States, New York
Co-Investments: 4
Novartis Venture Fund
Europe, Basel-Stadt, Switzerland, Basel
Co-Investments: 4
SV Health Investors
North America, Massachusetts, United States, Boston
Co-Investments: 3
MedImmune Ventures
North America, Maryland, United States, Gaithersburg
Co-Investments: 4
InterWest Partners
North America, California, United States, Menlo Park
Co-Investments: 4
MPM Capital
North America, Massachusetts, United States, Boston
Co-Investments: 5
TPG
North America, California, United States, San Francisco
Co-Investments: 3
Alta Partners
North America, Mississippi, United States, Jackson
Co-Investments: 5
Bessemer Venture Partners
North America, California, United States, San Francisco
Co-Investments: 5
Wellcome Trust
Europe, England, United Kingdom, London
Co-Investments: 3

Which angels does Red Abbey Venture Partners often collaborate with?

GC
North America, New York, United States, New York
Shared Deals: 1
BF
North America, Colorado, United States, Boulder
Shared Deals: 1
FA
North America, Maryland, United States, Baltimore
Shared Deals: 1

What are some of recent deals done by Red Abbey Venture Partners?

Perceiv AI

Montréal, Quebec, Canada

AI-driven precision medicine, forecasting disease progression

AnalyticsArtificial Intelligence (AI)Clinical TrialsHealth CareHealth DiagnosticsMachine LearningMedicalPharmaceuticalPrecision MedicinePredictive Analytics
SeedDec 8, 2022
Amount Raised: $1,500,000
Cohero Health

New York, New York, United States

Cohero Health offers a proprietary connected health platform for those with respiratory illness.

Health CareMedicalMedical DevicemHealthPersonal Health
SeedDec 22, 2015
Amount Raised: $2,000,000
Atopix Therapeutics

Abingdon, Oxfordshire, United Kingdom

Atopix Therapeutics Limited is a privately held, clinical-stage, biopharmaceutical company based in Oxford, UK

BiotechnologyLife ScienceMedical
Series AOct 8, 2014
Amount Raised: $3,700,000
Corridor Pharmaceuticals

Towson, Maryland, United States

Corridor Pharmaceuticals is a platform-based pulmonary and critical care company developing novel therapeutics for elevated arginase levels.

BiotechnologyHealth CareTherapeutics
Series AJun 24, 2010
Amount Raised: $13,012,475
Oxagen

London, England, United Kingdom

Oxagen is a biopharmaceutical company developing small molecule drugs addressing asthma, and chronic allergic and inflammatory conditions.

BiopharmaBiotechnologyHealth CarePharmaceutical
Series CNov 24, 2009
Amount Raised: $26,700,000
Corridor Pharmaceuticals

Towson, Maryland, United States

Corridor Pharmaceuticals is a platform-based pulmonary and critical care company developing novel therapeutics for elevated arginase levels.

BiotechnologyHealth CareTherapeutics
Series AOct 2, 2009
Amount Raised: $10,750,000
MacroGenics

Rockville, Maryland, United States

MacroGenics is a biotechnology company developing immunotherapeutics to prevent autoimmune disorders, cancer and infectious diseases.

BiotechnologyHealth CareManufacturing
Series DOct 23, 2008
Amount Raised: $25,000,000
Corridor Pharmaceuticals

Towson, Maryland, United States

Corridor Pharmaceuticals is a platform-based pulmonary and critical care company developing novel therapeutics for elevated arginase levels.

BiotechnologyHealth CareTherapeutics
SeedOct 23, 2008
Amount Raised: $2,300,000
Stromedix

Cambridge, Massachusetts, United States

Storemedix is a biomedical company focused on drugs for fibrosis, organ failure and cancer.

BiotechnologyHealth CareMedical Device
Series BApr 21, 2008
Amount Raised: $25,000,000
Advanced BioHealing

Westport, Connecticut, United States

Advanced BioHealing develops regenerative medicine solutions and commercializes cell-based and tissue-engineered products.

BiotechnologyMedicalPharmaceutical
Series CFeb 27, 2007
Amount Raised: $25,500,000