H.I.G. BioVentures

H.I.G. BioVentures is the life science investment affiliate of H.I.G. Capital and has offices across the USA. H.I.G. BioVentures has assets under management of $4m and is investing from its second fund which closed at $268m in 212. The firm typically makes initial equity investments of $3-7m with the potential to invest up to $2m over the life of an investment. While most of H.I.G. BioVentures? portfolio companies are US-based the firm will consider opportunities worldwide.
Enoch Kariuki
Vice President 

Hadean Ventures

Ingrid Akay
Managing Director 
Laurie Halloran
President & CEO 
Katie McCarthy
Managing Director 

Health Beacons United States

Health Beacons is an early stage medical device company that is revolutionizing the standard of care for marking and surgically removing non-palpable breast tumors. Physicians are actively seeking an alternative procedure and are enthusiastic about ours, which employs RFID markers that are read with handheld readers, because it addresses all the shortcomings of the current method.  We have a fully functional prototype that has been used successfully in almost 40 human cases and are working on our 510K submission. Investment to date has been from founders, friends and family.  We are currently seeking $1.5M in an equity round to support regulatory clearance, and will require another $2-3M for commercialization which is planned for Q1 2016.

Year Founded
2008
Main Sector
Medtech Phase of Development
Current Investors

Founders, friends and family

Nancy Confrey

HealthQuest Capital United States

Sofinnova Ventures was founded in 1974 and is based in Menlo Park, CA. The firm has approximately $1b of assets under management, and makes life science investments from two fund families; the main Sofinnova Ventures fund and Sofinnova HealthQuest Capital. Sofinnova Venture Partners IX closed at $500 million in 2014, and the debut HealthQuest fund closed at $110 million in 2014. The firm makes investments in the form of equity (preferred stock) and is an activist investor; the firm prefers to lead investments, take a board seat at its portfolio companies and be actively involved in company management. Sofinnova Ventures plans to make 4-6 new investments in life science companies in 2014. 

The Sofinnova Ventures main fund invests in biopharmaceuticals and typically makes initial investments of $5-15m, with the potential for a total investment of $15-30m. The fund invests in companies based in North America or Europe. 

HealthQuest Capital invests in non-biopharmaceutical life science and medtech companies and typically makes initial investments of $2-3m, with the potential for total investments of $5-6m. HealthQuest Capital is a venture growth fund focused on commercial-stage technologies, and only invests in companies headquartered in North America (particularly the US Southeast or West Coast).

Garheng Kong
Garheng Kong
Managing Partner 
Randy Scott
Randy Scott
LinkedIn logo Partner 

Hercules Technology Growth Capital Inc.

Hercules Technology Growth Capital is a Private Equity company founded in 23 Headquartered in Palo Alto California with additional offices in Boston Boulder New York and McLean. The firm manages an evergreen structure and primarily provides high-growth companies in the life science space with senior secured debt financing. The firm can allocate up to $5 million per investment. The firm is very flexible with deal structures that can be customized to help companies reach their key milestones. The firm primarily invests in companies headquartered in the US but has the ability to invest overseas as well.
Janice Borque
Managing Director Life Sciences 

HInext LLC United States

Healthcare Software focusing in on Mental health & Addictions. The main goal is to place these individuals on a path to recovery.

TREAT product line is commercially available as an EHR serving the unique needs of community behavioral health, rehabilitation, and other community-based providers. The design of our system is centered on a client-centered recovery model principle with best practice assessments linked to an interdisciplinary plan of care which is at the core of our methodology. TREAT’s modules create a record of client care that functions at multiple levels and builds upon itself. From assessments, to care planning, to documentation, to decision support, TREAT provides an integrated solution centered on client care.

Assessment Tools

Our TREAT product has a catalog of over 120 different assessment tools, and can be customized to include new tools upon request. Assessments are linked with our Interdisciplinary Plan of Client Care (IPCC) and Progress Notes modules to offer a truly integrated approach to patient care.

Website:
www.treatehr.com
Year Founded
2012
Main Sector
Medtech Subsector
Medtech Phase of Development
Technology Overview
Our TREAT product has a catalog of over 120 different assessment tools, and can be customized to include new tools upon request. Assessments are linked with our Interdisciplinary Plan of Client Care (IPCC) and Progress Notes modules to offer a truly integrated approach to patient care. TREAT includes such noteworthy tools as the New York Common Assessment of Need (NYCAN), the ADAT tool suite (Addictions assessments), the PHQ-9, we will shortly be incorporating the Patient Activation Measure (PAM-13), and we uniquely offer the Metabolic Health Monitor, which tracks metabolic functioning for clients on second-generation antipsychotic medications.
Alliance & Collaborations
GSI health
Supporting Metrics or Evidence
TREAT’s IPCC and Progress Notes modules offer integrated Best Practice Guidelines (BPGs) developed in partnership with researcher Dr. Diane Doran at the University of Toronto. This module incorporates best practice guidelines into the care plan, delivering vital, pertinent guidelines to care givers at the point in time when they are making treatment decisions. The BPG options are available as canned-text which is accessed automatically using an incremental search feature. This database can be managed by the administrator, so any updates or organization specific best practices can be incorporated directly into the TREAT system. The standardization provided by this feature offers allows clinical decision support professionals to report against these text fields and improve the organization’s practices to achieve better client care. For example, these reports can help professionals to measure the effectiveness of certain interventions in the treatment of specific issues.
Current Financing Needs
$1Million
Current Investors
friends and family
IP Status
Treat as Clear
Recent Milestones
implementation with one of largest US providers
Management Team Highlights
Peter Catford, President Peter has been active in the healthcare computer consulting and management industry for over 30 years. Peter Co-founded a consulting company in the 1976 that provided technical consulting expertise to fortune 500 companies. The company later transitioned into Baxter Corporation’s healthcare division, where he was responsible for managing a technical group of 28 professionals. The group was responsible for software product development, implementation and installation in Canadian hospitals and healthcare institutions. Peter then moved to co-develop a strategy to integrate the information services departments between Mount Sinai Hospital and The Toronto Hospital. In 1997, Peter founded HInext Inc. to offer consulting and software development primarily focused on information healthcare solutions to healthcare institutions and hospitals across Canada. During the first few years of the business, Peter took an active role as the CIO in the Center for Addiction and Mental Health (CAMH). Peter managed the business information and intelligence systems and established a strategy and the architecture for electronic health record implementation at CAMH. Currently, Peter continues to lead and manage HInext and is committed to growing the company into a North American leader in healthcare Information Systems. Linas Balaisis CA, CPA, CFO/COO Linas is responsible for the financial matters and general operations of HInext. Linas is well versed in accounting and marketing matters. He got his CA designation at Ernst & Young. Linas held various financial, tax and operational roles throughout his career. Most recently he lead all marketing activities for Toyota in Canada for Toyota, Lexus and Scion Divisions. Linas is also a direct investor in Hinext. Peggy Lucas, Senior Sales Director Peggy is responsible mainly for Business Development at HInext. Peggy has been instrumental in getting new clients for the firm and has generated north of $3 million in sales for the firm over the last couple of years. Peggy is responsible for responding to RFPs, communication with clients and creating partnership channels. She is spearheading the expansion into the US market and has signed a significant US distributor agreement that has generated substantial traction for the Company in the US Peggy has a Masters in Development studies from the London School of Economics.
Linas Balaisis
CFO/COO 

Horizon Technology Finance United States

Horizon Technology Finance is a venture lending, investment and financial services management company that was founded in 2003 and is headquartered in Farmington, Ct with additional offices in Walnut Creek, CA and Reston, VA. The firm controls approximately $200 million in assets under management and look to provide senior or subordinate loans to companies in the range of $2 to $20 million dollars, and often syndicates much larger deals. The firm prefers to lead or co-lead investments that they are involved in and looks to be involved in 15 deals in the next 6-9 months. The firm provides capital to companies located throughout the United States and Canada.

Year Founded
2003
Medtech Phase of Development
Capital Structure Preference
Investment Stage Preference
Jerry Michaud

Hovione

Website:
www.hovione.com
Courtney Smith
Director Business Development and Licensing 
Carla Vozone
Sr. Director Product Development and Licensing 

Hub Angels Investment Group

Hub Angels Investment Group is an angel group that was founded in 2 and is based in Cambridge Massachusetts. The firm manages a fund structure and recently closed its 4th fund making the total AUM of the group around $4 million. The firm makes investments ranging from $25 to $5 in equity for companies that are at least 12 months old. The firm makes investments ranging from four to eight years and prefers to invest in companies whose valuation does not exceed $1 million. Hub angels plans on making approximately 3 allocations over the next 6-9 months with stated interest in diagnostics and medical device companies.
Randy Barko
Member