Prospect Venture Partners

Contact Details

Prospect Venture Partners
Main Office
435 Tasso Street Suite 200
Palo Alto, California 94301
Phone: +1 (650) 327-8800
Fax: +1 (650) 324-8838

Corporate Profile

Registration country: 
United States
Company type: 
Venture capital firm
Overview 
A California-based venture capital firm dedicated to investing in healthcare and biomedical innovation. Prospect targets commercially attractive healthcare enterprises with outstanding entrepreneurial management teams, proprietary products, and innovative technologies or services with potential for significant investment returns.

Funds managed / advised

Fund Curr Amount Fund type Year Status
Prospect Venture Partners I LP Final Closing
Prospect Venture Partners II LP venture Final Closing
Prospect Venture Partners III LP Final Closing

Investment Preferences

Investment stage: New company incubations, first and second venture financing rounds, and later stage private and public companies with proven business models requiring expansion capital
Industry focus: Biopharmaceutical and Medical Device

Sample Investments

Company Profile Amount Industry Ctry Stage Date
AVEO Pharmaceuticals Inc A biopharmaceutical company discovering, developing and commercializing cancer therapeutics. Pharmaceuticals US
Allux Medical Inc Medical device company developing medical devices for the treatment of hyper-reactive airway mucosa. Medical Equipment US Aug 2005
Alvine Pharmaceuticals Inc An innovative biopharmaceutical company developing biologics to target autoimmune/inflammatory diseases. Pharmaceuticals US
Amira Pharmaceuticals Inc A small molecule pharmaceutical company focused on the discovery and early development of compounds. Pharmaceuticals US
Archemix Corp A biotechnology company, engages in discovering, developing, and commercializing aptamer therapeutics for the treatment of life threatening diseases. Biotechnology US
Aspen Medtech Inc Medical device incubator. Medical Equipment US
Azelon Pharmaceuticals Inc Pharmaceuticals US Series A Oct 2011
Baxano Inc A medical device company focused on developing minimally invasive tools to restore spine function and preserve healthy tissue. Medical Equipment US Series C Jun 2010
Cogentus Pharmaceuticals Inc Pharmaceuticals US Series C Dec 2007
Complete Genomics Inc US Series D Aug 2009
Complete Genomics Inc USD US Series E Aug 2010
Critical Therapeutics Inc Discoverer, developer and commercialize novel therapies. Health Care Providers US
DFINE Inc Mission is to develop and market devices that treat vertebral compression Biotechnology Jan 2009
Gloucester Pharmaceuticals Inc Biotechnology US
Hansen Medical Inc Hansen Medical makes an electromechanical robotic system. USD Medical Equipment Series C Nov 2005
IDUN Pharmaceuticals Inc Pharmaceuticals US
Infinity Pharmaceuticals Inc Innovative drug discovery and development company. Pharmaceuticals US
Inhibitex Inc Pharmaceuticals US
Jazz Pharmaceuticals Inc Pharmaceuticals US
KYTHERA Biopharmaceuticals Inc USD US Series B Jul 2006

Current employees

Name Job title Office
Alex Barkas Managing Director Palo Alto
Donald J Hayden Jr Senior Advisor Palo Alto
Grant Heidrich Senior Advisor Palo Alto
Russell Hirsch Managing Director Palo Alto
Lori Hoover Simotas Chief Financial Officer Palo Alto
Dorothy J Margolskee Managing Director Palo Alto
David Schnell Managing Director Palo Alto
James B Tananbaum, MD Affiliate Partner Palo Alto
Ilan Zipkin Partner Palo Alto

Past employees

Name Job title Employer Office Responsibilities
James B Tananbaum, MD Affiliate Partner Prospect Venture Partners Palo Alto

RECORD ID: 28604