VC  Salix Ventures

http://www.salixventures.com





     Office Locations:

300 Brickstone Square, Suite 504
Andover, MA 01810
Phone: 978-470-2500
Fax: 615-665-2912

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Stages:

  • Early
  • Expansion
  • Growth


 

Industries:

  • Information Technology
  • Life Sciences & Healthcare

  •  

    Description:

    Salix Ventures was founded in 1997 to pursue high growth investment opportunities in health care services companies (including health care information technology). Salix Ventures manages two venture capital partnerships with more than $180 million of committed capital. Salix is a national investor focused on investing in and supporting the best management teams and companies, regardless of location. On average, the firm invests $5-7 million per company, and typically invests half of that amount in the first round of funding, with similar amounts reserved for future private financing rounds. The firm is stage-agnostic, investing in companies seeking their first round of institutional venture capital as well as more mature companies seeking later-stage rounds. Salix does not make seed-stage investments, requiring that the companies in which it invests have some operational base already in place in an industry with a demonstrated proof of concept. Although Salix is no longer evaluating new investment opportunities, the founding partners continue to actively manage remaining portfolio companies.



    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.
    Chris Grant General Partner
    David Ward General Partner

     

    Portfolio companies include:


      Aethon
        web link


      Habit Management
        web link


      Novologix
        web link


      Prism Education Group
        web link


      U.S. Renal Care
        web link


      Vantage Oncology
        web link


      Vericare
        web link


     

    Recent News:


      There is no recent news for Salix Ventures.