Frazier Healthcare Partners
Facts
- HQ
- Seattle, WA, US
- Sectors
- Venture Capital and Private Equity Principals
- Founded
- 1991
- Employees
- 168
Apptio Co‑founder Sunny Gupta Joins Vinod Khosla Family’s Investor Group to Become Seattle Seahawks Co‑Owner
Sunny Gupta, co-founder and former CEO of Apptio and a nearly 20-year Seahawks season-ticket holder, has joined a newly revealed investor group that purchased the Seattle Seahawks alongside the family of billionaire Vinod Khosla. Gupta called the ownership stake a "dream come true" and said he wants to represent the team as the 12th man.
Frazier Healthcare Partners to Buy MatrixCare from ResMed for $490 Million, Deal Expected to Close in Q3
Seattle private equity firm Frazier Healthcare Partners will acquire software company MatrixCare from ResMed for $490 million, a deal expected to close in Q3 and reflecting EHRs' central role in post-acute and senior care operations.
Frazier Healthcare Partners Names Stephen Krupa Executive in Residence to Strengthen Growth Buyout Team
Frazier Healthcare Partners appointed Stephen Krupa as executive in residence on its Growth Buyout team to advise on diligence, portfolio operations, and growth strategies. Krupa brings over 30 years of executive experience to support investment and portfolio leadership.
Frazier Healthcare Partners Names Former HealthEdge CEO Stephen Krupa as Executive in Residence for Buyout Team
Frazier Healthcare Partners appointed Stephen Krupa as executive in residence for its buyout team. Krupa was previously CEO of HealthEdge from 2016 to 2025.
Generative AI Poised to Boost Healthcare Efficiency but Slow Adoption and Sales Cycles Challenge Startups, Says Frazier’s Nader Naini
Generative AI and automation offer efficiency opportunities in the $4.5 trillion healthcare sector, but startups face challenges due to slow technology adoption and lengthy sales cycles. Venture funding in digital health exceeded $10 billion last year, with strong activity in Seattle-area startups and increased M&A.
Frazier Healthcare Partners Raises $2.3 Billion for 11th Buyout Fund to Invest in Middle-Market Healthcare Firms
Seattle-based Frazier Healthcare Partners raised $2.3 billion for its 11th Healthcare Growth Buyout Fund, significantly surpassing its previous $1.4 billion fund. The firm plans to use the capital to acquire controlling stakes in about 10 middle-market healthcare companies across pharmaceutical services, hospital outsourcing, and data analytics/AI sectors.
Frazier Healthcare Partners promotes Kent Berkley and Ryan Lucero to Partner on Growth team
Frazier Healthcare Partners announced promotions of Kent Berkley and Ryan Lucero to Partner positions on its Growth team, signaling internal leadership advancement at the healthcare investment firm.
Alpine Immune Sciences raises $91M in private placement led by Frazier to fund ALPN-303 phase 1 and ALPN-202 cancer trials
Alpine Immune Sciences raised about $91 million via a private placement led by Frazier Healthcare Partners to advance ALPN-303 into a phase 1 study for lupus and other inflammatory diseases and to support ongoing cancer trials of ALPN-202, including a combination study with Merck's Keytruda.
98point6 co-founder Robbie Cape abruptly exits as CEO; chairman Jeff Greenstein named interim leader
98point6 co-founder and CEO Robbie Cape has abruptly left the virtual primary care company he helped start in 2015, with chairman and co-founder Jeff Greenstein named interim CEO while the board searches for a replacement. The 350-person startup, which raised a $118 million Series E in October, said the C-suite will continue leading operations and praised Cape’s six years of leadership.
Frazier Healthcare Partners raises $1.4B tenth Healthcare Growth Buyout Fund, up from $780M
Seattle-based Frazier Healthcare Partners raised $1.4 billion for its tenth Healthcare Growth Buyout Fund, a significant increase from its prior $780 million fund and one of Washington state's largest institutional raises. The fund will invest $50–$150 million in 10–12 middle-market healthcare companies focused on pharmaceutical services, hospital outsourcing, and data analytics/AI, leveraging executive placements to drive consolidation.
Seattle VCs Report 28% Women in Senior Roles, Nearly Double U.S. Average of 14.2%
Seattle-area venture capital firms have nearly double the national share of women in senior roles (28% vs. 14.2%), with 25 women among 88 partners across 21 Washington firms, though overall parity remains distant and 61% of U.S. VC firms still have no women in key decision-making roles.
Frazier Healthcare Partners launches $100M SPAC, Frazier Lifescience Acquisition Corporation (FLAC), to pursue biotech deals
Seattle venture firm Frazier Healthcare Partners filed with the SEC to raise $100 million for a SPAC called Frazier Lifescience Acquisition Corporation (FLAC) led by four Frazier executives, aiming to target biotechnology companies to develop therapies and generate investor returns.
98point6 Raises $118M Series E Led by L Catterton and Activant After 274% Membership Surge
Seattle telemedicine startup 98point6 raised $118 million in a Series E led by L Catterton and Activant Capital after membership grew 274% this year; the company offers AI-supported virtual primary care to over 3 million patients and serves employers and health plans. The round follows a $43 million Series D in April and comes amid a surge in digital health funding during the pandemic.
Sam’s Club partners with Seattle startup 98point6 to offer members discounted telehealth — $20 for first three months, $33.50/month after
Sam’s Club is partnering with Seattle telehealth startup 98point6 to offer virtual primary care to members, with a $20 introductory fee for the first three months (normally $30) and $33.50/month thereafter, plus quarterly and annual plans. 98point6 serves about 3 million patients across all 50 states, diagnoses 400+ common conditions via an AI-powered chatbot and raised $43 million in April.
Ignition Partners investors spin out Fuse Venture Partners led by Kellan Carter, Cameron Borumand and Seahawks star Bobby Wagner
A group of investors from Seattle VC firm Ignition Partners, including managing partner John Connors, have launched a spinoff called Fuse Venture Partners led by general partners Kellan Carter and Cameron Borumand and featuring Seahawks linebacker Bobby Wagner as a venture partner. Ignite will sunset its brand while Fuse focuses on doubling down in Seattle and managing new investments, with Wagner committing to active involvement.
Proprio raises $23M Series A led by DCVC to commercialize 3D "X‑ray‑like" surgical navigation system
Seattle startup Proprio raised $23 million in a Series A led by DCVC to develop a hardware‑software surgical navigation system that fuses real-time camera views with preoperative imaging to give surgeons a 3D “X‑ray‑like” view without radiation.
98point6 raises $43M to triple physician capacity after 200% patient surge, serving 3M nationwide
Seattle telehealth startup 98point6 raised $43 million to expand capacity for its AI-powered virtual primary care amid a 200% surge in patient volume and COVID-19 demand. The funding will triple the company’s physician count this month as it serves over 3 million patients across all 50 states and added coronavirus screening in January.
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Nader Naini Managing Partner
