Newspring Health Capital
QuietRadnor, PAHealthcare, Pharmaceuticals, BiotechnologyLast fund filed February 2022
3 on a current fund
last 24 months
across filed funds
| Vehicle | Filed | Target | Sold to date | Investors |
|---|---|---|---|---|
| NewSpring Health Capital IV | February 2022 | $175M | $98M | 106 |
| NewSpring Health Capital III | June 2018 | $89M | $89M | 63 |
Amounts are Item 13 as filed: the target is the whole offering, and the amount sold is cumulative across amendments rather than a final close. The filing carries no per-investor amount, so a firm’s own cheque is not recoverable here.
4 partners are named across this firm’s filings, 3 of them on a fund it is deploying now.
| Partner | Activity | Categories | Board seats | Last 24mo |
|---|---|---|---|---|
| Brian Murphy | Quiet | Digital health, Biotech & pharma, Enterprise software | 18 | 0 |
| Bruce DowneyNot on the current fund | Quiet | Biotech & pharma | 3 | 0 |
| Kapila Ratnam | Quiet | Healthcare services, Biotech & pharma, Fintech | 5 | 0 |
| Michael DiPiano | Quiet | Enterprise software, AI & machine learning, Biotech & pharma | 11 | 0 |
Activity is filed board seats in the last 24 months: 4+ Active, 2–3 Selective, 1 Slowing, none Quiet. A firm's tier totals its partners, so an active firm may be four partners with one seat each. It undercounts partners who invest without taking a board seat, and filings lag a closing by weeks, so Quiet means the paperwork is quiet, not the person.
Classified sectors of Newspring Health Capital’s own portfolio companies, based on 32 with a verified or cited source.
Not a filing value: this is Lev’s own classification of each company, one company one vote regardless of how many of Newspring Health Capital’s partners are named on its board, shown only when we found a specific, checkable source. Companies with no source read as unclassified and are left out of the shares above.
| Firm | Shared boards | Companies |
|---|---|---|
| Sigma Prime | 3 | aPriori Technologies, CallMiner, Mobiquity |
| SV Life Sciences | 2 | SUN Behavioral HoldCo, TrialScope |
| Cobro | 1 | C4 Therapeutics |
| Edison Partners | 1 | TrialScope |
| Menlo Ventures | 1 | Dstillery |
| Volition Capital | 1 | INTERNET PIPELINE |
A shared board seat: a company where filings name a Newspring Health Capital partner and a partner at the other firm, both with a clean identity match. Not a claim either firm led or co-led the round, only that both are named on the same board.