Adage Capital Management

Summary

The venture was found in North America in United States. The main office of represented VC is situated in the Boston.

The standard case for the fund is to invest in rounds with 8-9 partakers. Despite the Adage Capital Management, startups are often financed by Morgenthaler Ventures, QuestMark Partners, Lightspeed Venture Partners. The meaningful sponsors for the fund in investment in the same round are Rock Springs Capital, T. Rowe Price, OrbiMed. In the next rounds fund is usually obtained by Redmile Group, Morgenthaler Ventures, SightLine Partners.

The real fund results show that this VC is 4 percentage points less often commits exit comparing to other companies. Opposing the other organizations, this Adage Capital Management works on 33 percentage points more the average amount of lead investments. The common things for fund are deals in the range of 50 - 100 millions dollars. The important activity for fund was in 2015. Despite it in 2019 the fund had an activity. The typical startup value when the investment from Adage Capital Management is more than 1 billion dollars. The fund is constantly included in 2-6 investment rounds annually. The top amount of exits for fund were in 2014.

Among the most popular portfolio startups of the fund, we may highlight AveXis, Tanium, MuleSoft. Besides, a startup requires to be at the age of 6-10 years to receive the investment from the fund. Among the most successful fund investment fields, there are Medical, Biotechnology. For fund there is a match between the location of its establishment and the land of its numerous investments - United States. The fund has no exact preference in some founders of portfolio startups. In case when startup counts 5+ of the founder, the chance for it to get the investment is meager.

The fund was created by Phillip Gross, Robert George Atchinson. The overall number of key employees were 4.