|
Office Locations:
|
2520 Meridian Parkway, Suite 400
Durham, NC 27713
| |
|
|
|
- Early
- Expansion
- Growth
- Seed
|
|
|
Life Sciences & Healthcare
Medical Device
|
|
|
Pappas Ventures is a life sciences venture capital firm located in the Research Triangle area of North Carolina. Since 1994 the firm has been investing in and nurturing promising young companies. For nearly 25 years Pappas Ventures has been investing in and building innovative companies that are developing the next generation of life science products and technologies. Pappas has $353 million in capital under management and has invested in more than 50 portfolio companies throughout the United States. The firm invests exclusively in the life sciences sector: biotechnology, biopharmaceuticals, specialty pharmaceuticals, drug delivery, and medical devices. Pappas Ventures invests a substantial portion (about half) of its capital in early-stage companies that have yet to begin testing their products in clinical trials. Pappas invests the other half in companies whose lead products are at the Phase 1 or Phase 2 stage of development. Investment size ranges from $100,000 in a seed deal to as much as $6 million in a later-stage mezzanine transaction.
|
|
|
|
|
Investment Firm Key
VC = Venture Capital
PE = Private Equity
A = Angel
I = Incubator
MB = Merchant Bank
VD = Venture Debt
FI = Family Investment Office
FOF = Fund of Funds
ED = Economic Development Office
TT = Technology Transfer Office
CVC = Corporate Venture Capital
SEC = Secondary Purchaser
HF = Hedge Fund/Mutual Fund
|
|
COMPANY STAGE | REVENUE |
Venture Capital | |
Seed Stage (includes "pre-seed," or concept stage) | No Revenue |
Early Stage | Minimal Revenue |
Growth Stage (also called Mid-stage) | $2M-$7M |
Expansion Stage (also called Late-stage) | $7M and greater |
Private Equity | |
Lower Middle Market | $10M-$249M |
Middle Market | $250M-$499M |
Upper Middle Market | $500M-$1B |
Large Cap | >$1B |
|
|
|
|