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Synergy Life Science Partner

North America, California, United States, Portola Valley

Description

Synergy Life Science Partners is a distinguished venture capital firm based in Portola Valley, California, specializing in financing early-stage medical device and combination product companies. The firm is co-founded and led by Fred Khosravi, a seasoned entrepreneur and investor with a deep background in the medical technology sector. Khosravi's operational expertise, including his prior role as founder and CEO of AccessClosure, which was acquired by Cardinal Health for $320 million, underpins the firm's hands-on approach to supporting its portfolio companies.

Synergy Life Science Partners manages multiple funds, including Synergy Life Science Partners Fund I, L.P. and Fund II, L.P., each targeting a fund size of $100 million. This capital is strategically deployed to support the development and commercialization of innovative medical technologies that address significant unmet clinical needs. The firm's investment philosophy emphasizes identifying companies with strong intellectual property, clear regulatory pathways, and the potential for substantial market impact, often providing not just capital but also strategic guidance and access to a vast network within the healthcare industry.

The firm boasts an impressive track record of successful exits, demonstrating its acumen in identifying and nurturing high-potential ventures. Notable portfolio companies that have achieved significant milestones include Inari Medical, PulmonX, and Shockwave Medical, all of which have gone public. Other successful exits include the acquisition of CardioDx by Clinical Reference Laboratory and VytronUS by Boston Scientific. Synergy Life Science Partners' consistent success underscores its specialized focus and the value of its experienced leadership in navigating the complex landscape of medical device innovation.

Investor Profile

Synergy Life Science Partner has backed more than 20 startups, with 0 new investments in the last 12 months alone. The firm has led 3 rounds, about 15% of its total and boasts 6 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series C, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States.
  • Strong thematic focus on Medical Device, Health Care, Biotechnology.
  • Typical check size: $2M – $10M.

Stage Focus

  • Series B (25%)
  • Series C (20%)
  • Series Unknown (15%)
  • Post Ipo Equity (10%)
  • Series D (10%)
  • Series F (5%)
  • Series E (5%)
  • Private Equity (5%)
  • Series A (5%)

Country Focus

  • United States (100%)

Industry Focus

  • Medical Device
  • Health Care
  • Biotechnology
  • Therapeutics
  • Health Diagnostics
  • Mhealth
  • Wearables
  • Robotics
  • Enterprise Software
  • Manufacturing
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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 Synergy Life Science Partner frequently co-invest with?

Mohr Davidow Ventures
North America, California, United States, San Mateo
Co-Investments: 5
SV Health Investors
North America, Massachusetts, United States, Boston
Co-Investments: 2
PC
North America, North Carolina, United States, Chapel Hill
Co-Investments: 2
New Leaf Venture Partners
North America, New York, United States, New York
Co-Investments: 3
Kleiner Perkins
North America, California, United States, Menlo Park
Co-Investments: 4
Frazier Healthcare Partners
North America, Washington, United States, Seattle
Co-Investments: 3
Invesco
North America, Georgia, United States, Atlanta
Co-Investments: 2
U.S. Venture Partners
North America, California, United States, Menlo Park
Co-Investments: 5
Delphi Ventures
North America, California, United States, San Mateo
Co-Investments: 3
Medtronic
North America, Minnesota, United States, Minneapolis
Co-Investments: 5

What are some of recent deals done by Synergy Life Science Partner?

Synecor

Chapel Hill, North Carolina, United States

Synecor evolved from the confluence of several synergistic strategic relationships, initially in the field of interventional cardiology,

IncubatorsMedical Device
Series UnknownJan 30, 2020
NeuroTronik

Chapel Hill, North Carolina, United States

Neuro Tronik develops a medical device as an alternative for the drugs used currently to treat heart failures.

BiotechnologyHealth CareMedical Device
Series BApr 18, 2017
Amount Raised: $23,100,000
Inspire Medical Systems

Maple Grove, Minnesota, United States

Inspire Medical Systems develops implantable therapeutic devices for the treatment of obstructive sleep apnea.

BiotechnologyHealth CareMedical DeviceTherapeutics
Series FNov 18, 2016
Amount Raised: $38,000,000
Inspire Medical Systems

Maple Grove, Minnesota, United States

Inspire Medical Systems develops implantable therapeutic devices for the treatment of obstructive sleep apnea.

BiotechnologyHealth CareMedical DeviceTherapeutics
Series EMay 15, 2014
Amount Raised: $40,000,000
iRhythm Technologies

San Francisco, California, United States

iRhythm Technologies provides diagnostic monitoring solutions that facilitate the early diagnosis and treatment of cardiac arrhythmia.

Health CareHealth DiagnosticsMedical DevicemHealthWearables
Series DApr 10, 2013
Amount Raised: $16,000,000
Aptus Endosystems

Sunnyvale, California, United States

Aptus Endosystems is a medical tech company engaged in developing EVAR technologies for abdominal aortic aneurysms treatments.

Health CareManufacturingMedical Device
Series BJun 27, 2012
Amount Raised: $25,000,000
Inspire Medical Systems

Maple Grove, Minnesota, United States

Inspire Medical Systems develops implantable therapeutic devices for the treatment of obstructive sleep apnea.

BiotechnologyHealth CareMedical DeviceTherapeutics
Series CMay 11, 2012
Amount Raised: $14,500,000
iRhythm Technologies

San Francisco, California, United States

iRhythm Technologies provides diagnostic monitoring solutions that facilitate the early diagnosis and treatment of cardiac arrhythmia.

Health CareHealth DiagnosticsMedical DevicemHealthWearables
Private EquityJan 1, 2012
Amount Raised: $12,180,000
iRhythm Technologies

San Francisco, California, United States

iRhythm Technologies provides diagnostic monitoring solutions that facilitate the early diagnosis and treatment of cardiac arrhythmia.

Health CareHealth DiagnosticsMedical DevicemHealthWearables
Series CMay 4, 2011
Amount Raised: $15,000,000
iRhythm Technologies

San Francisco, California, United States

iRhythm Technologies provides diagnostic monitoring solutions that facilitate the early diagnosis and treatment of cardiac arrhythmia.

Health CareHealth DiagnosticsMedical DevicemHealthWearables
Series UnknownMay 20, 2010
Amount Raised: $10,000,000