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HighCape Capital

VC

USHealthtechBio/PharmaDeep TechOther

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Investment thesis

HighCape Capital is a growth equity fund created in 2013 focused exclusively on Life Sciences — specifically Connected Health, Medical Device/Tool, and Biotechnology. The firm targets innovative companies in the early revenue or product launch stage that have a superior product delivering clear value to the healthcare system and a defined path to commercialization, with a target portfolio of 6–8 companies per fund. HighCape takes a hands-on, collaborative approach: its multidisciplinary team of industry veterans with 25+ years of experience each works directly alongside management teams to augment commercial and operational strategies, 'jump in' to expand talent when necessary, and drive portfolio companies toward sustainable businesses with multiple exit alternatives.

Notable quotes

We are committed to developing a focused and specialized portfolio because we expect to play an active role in shaping each portfolio company's commercial strategy. We excel when we have the opportunity to assist management teams in executing on an agreed upon path to growth.

Kevin Rakin · HighCape Partners Closes Initial $80 Million Growth Equity Fund (press release, highcape.com) · 2015-09-16

Many companies have difficulty transitioning from the product development stage to the commercialization stage and we believe HighCape Partners is uniquely positioned to leverage our collective experience to truly add value to our portfolio companies, thereby achieving a higher probability of success.

Matt Zuga · HighCape Partners Closes Initial $80 Million Growth Equity Fund (press release, highcape.com) · 2015-09-16

There is a great unmet need for precision medicine approaches that are specifically focused on cancer metabolism, and Athena will fill this gap. This initial investment will allow the Company to expand its footprint and efforts in Connecticut with the goal of building a robust precision medicine company.

Kevin Rakin · Athena Therapeutics initial financing announcement (Yale Ventures, ventures.yale.edu) · 2020-12-15

Team

Kevin Rakin

Co-Founder & Partner

HealthtechBio/PharmaDeep Tech

Matt Zuga

Co-Founder & Partner

HealthtechBio/Pharma

Dean Tozer

Partner

HealthtechOther

Jennifer Barretta

Partner

Other

Charles Hart, PhD

Operating Partner

Bio/PharmaHealthtech

Ranjit Bindra, MD, PhD

Operating Partner

Bio/PharmaDeep Tech

Recent investments

CompanyRoundSizeDate
Modifi BiosciencesSeed$4m2023-10-17
ElutiaGrowth
Quantum-SiSPAC/Public2021-06-01
WellinksSeries C$25m2021-11-01
Cybrexa TherapeuticsSeries B$13m2019-06-20
Alphina TherapeuticsSeed
TELA BioGrowth
Cheetah MedicalSeries C$12m2017-09-12
Zipline MedicalOther Equity$9m2018-06-19
Aziyo BiologicsPost-IPO2021-12-08

Frequent co-investors

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