Ascent Biomedical Ventures

Summary

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

The typical case for the fund is to invest in rounds with 4-5 participants. Despite the Ascent Biomedical Ventures, startups are often financed by Ventech, Novartis Venture Fund, MP Healthcare Venture Management. The meaningful sponsors for the fund in investment in the same round are Scottish Widows Investment Partnership, Prism Venture Management, MVM Life Science Partners. In the next rounds fund is usually obtained by Scottish Widows Investment Partnership, Scale Venture Partners, SV Health Investors.

Among the most popular portfolio startups of the fund, we may highlight Covagen, Entigo, eCaring. For fund there is a match between the location of its establishment and the land of its numerous investments - United States. The fund has exact preference in some founders of portfolio startups. When startup sums 4 or 5+ of the founder, the probability for it to get the investment is little. We can highlight the next thriving fund investment areas, such as Health Care, Pharmaceutical. Besides, a startup needs to be aged 4-5 years to get the investment from the fund.

The top amount of exits for fund were in 2014. The fund is constantly included in less than 2 investment rounds annually. The real fund results show that this VC is 3 percentage points more often commits exit comparing to other companies. The important activity for fund was in 2013. Despite it in 2019 the fund had an activity. Deals in the range of 10 - 50 millions dollars are the general things for fund. Opposing the other organizations, this Ascent Biomedical Ventures works on 2 percentage points more the average amount of lead investments.

This organization was formed by Geoffrey W. Smith. Besides them, we counted 4 critical employees of this fund in our database.