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Friday, June 14, 2024

Enterprise agency Questa Capital scores $397M to put money into well being know-how

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Questa Capital Administration, a healthcare-focused enterprise agency, introduced it closed a $397 million enterprise development fairness fund dubbed Questa Capital III, bringing its whole increase to over $1 billion. 

Commitments got here from blue-chip traders, together with endowments, foundations, household places of work, pension plans, fund-of-funds and consultants. 


The corporate’s present portfolio consists of:

  • in-home care supplier DispatchHealth.
  • hybrid care supplier Cortica, which develops care packages for people with autism.
  • good stethoscope firm Eko.
  • digital opioid use dysfunction remedy startup Bicycle Well being. 

The agency will use the capital to put money into 10 to 14 early-stage firms within the healthcare providers, medical gadget and know-how sectors. It’ll proceed to mix parts of development fairness with enterprise capital, and mentioned it would fund firms working in most of the similar focus areas as its prior investments. 

“We’re extraordinarily happy to shut on Fund III regardless of a difficult fundraising atmosphere. We’re each grateful for the robust curiosity and ongoing help from our present traders and happy to be beginning long-term relationships with a small group of outstanding new restricted companions,” Questa founder and managing companion Ryan Drant mentioned in a press release. 

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“We’re additionally energized by the chance set we see out there and sit up for persevering with to construct differentiated and high-growth healthcare firms in shut collaboration with robust administration groups.”


Different enterprise companies have garnered a considerable amount of commitments recently.

Outline Ventures, whose portfolio consists of well-known early-stage startups in Silicon Valley, acquired $460 million in Fund III and Alternatives Funds in April. 

In July, early-stage enterprise capital agency Distributed Ventures, born out of NFP Ventures, closed $100 million in whole commitments. The Chicago-based agency deliberate to make use of the funds to put money into fintech, insurtech and digital well being.

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