Canadian healthcare technology venture capital firm iGan Partners has secured $100 million in the final close of its first fund, iGan Fund I.
The fund was backed by family offices and high-net-worth investors.
Fund I will focus on early-stage companies in digital health, medical devices, healthcare IT and artificial intelligence, and other sectors.
Toronto-based iGan Partners is led by Managing Partner Sam Ifergan, who founded the firm in 2013, and Partner Joel Finlayson.
Its recent deals include a $2 million seed financing of OrbCare, a Toronto-based unified health cloud platform, and a $5 million Series A financing of Rna Diagnostics, a Toronto-based cancer therapy guidance platform.
Both rounds were led by iGan Partners.
Photo: Sam Ifergan, founder and CEO of iGan Partners.
iGan Partners Announces the Closing of iGan Fund I and Fund I+ at $100 Million
April 18, 2019
iGan Partners is pleased to announce the closing of its first fund at $100 million with the help of family offices and high net worth individuals. The fund is focused on the health technology sector including: digital health, medical devices, healthcare IT and artificial intelligence (AI). The fund provides investors with diversified exposure to early-stage health technologies.
“Our investment team continues to source a large number of high-quality investment opportunities, leveraging our deep expertise in the health sector, a leading commercial and advisory board, and long-standing relationships within the venture capital community. We leverage our unique capabilities and partner closely and cooperatively with passionate entrepreneurs and management teams that have track records of success.” said, Sam Ifergan, Founder and Managing Partner.
“Incredible technological advancements are being made throughout the healthcare sector – from advanced imaging & diagnostics to data driven clinical decision support and AI – all of which are increasing access to high quality and affordable care. Our fund is playing an important role bringing promising new technologies to market.” said, Joel Finlayson, Partner at iGan Partners.
About iGan Partners
Established in 2013, iGan Partners is the largest Healthcare VC investor in Canada. The firm is focused on digital health, medical devices, healthcare IT and AI. We invest in entrepreneurs to commercialize and scale their disruptive healthcare innovations. We ensure alignment of interests at all times and we are committed to fulfill our responsibility to provide investors with superior risk-adjusted returns.
Take your pick!
- Buyouts delivers exclusive news and analysis about private equity deals, fundraising, top-quartile managers and more. Get your FREE trial or subscribe now.
- VC Journal provides exclusive news and analysis about venture capital deals, fundraising, top-quartile investors and more. Get your FREE trial or subscribe now.