CVC  Rex Strategic Innovations

http://www.rexstrategicinnovations.com





     Office Locations:

2500 Blue Ridge Road, Suite 220
Raleigh, NC 27607
Phone: 919-784-3100

 

Stages:

  • Early
  • Seed


 

Industries:

  • Life Sciences & Healthcare
  • Medical Device

  •  

    Description:

    Rex Strategic Innovations (RSI) is a groundbreaking innovation platform being created by Rex Healthcare to foster and nurture innovative technologies and companies in the healthcare sector. The RSI mission is to enable access to healthcare products and services that will allow for improved patient care. RSI has developed a grant program for businesses and organizations that are challenged to find funding crucial in early stages of product or service development. Called Rex Impact Grants, the program is designed to enable companies to reach notable milestones that will enhance their prospects for equity or debt funding. Rex Health Ventures (RHV) supports the discovery and development of new treatments, tools, products and services that foster innovation and positively impacts the provision of healthcare. The fund invests in and partners with companies and entrepreneurs to help bring their products and services into the healthcare marketplace. The fund was launched with an initial $10 million investment from Rex Healthcare. Sectors of interest include: Healthcare IT, Healthcare Services, Medical Devices, and BioPharma Technologies. Initial investments range from $250,000 to $500,000; Total Per Company Investment of $500,000 to $2 million. RSI is currently developing the Rex Innovation Facilitator, a program designed to turn ideas into products and will be available to Rex Healthcare employees and innovators in the community.


     

    Funds:


      Fund Name


      Amount


      Date

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    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 STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    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
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Bobby Helmedag Director of Operations
    David Strong President
    Don Esposito General Counsel
    R. Erick Hawkins System Vice President Heart & Vascular Services
    Steve Burriss Chief Operating Officer

     

    Portfolio companies include:

     

    Recent News:


      There is no recent news for Rex Strategic Innovations.