Venrock

Venrock is one of the most established venture capital firms in the United States, originally founded by the Rockefeller family. The firm's healthcare practice is among the most respected in venture capital, combining deep scientific understanding with commercial insight to invest in breakthrough therapeutic platforms, medical devices, and digital health companies.

Location
Palo Alto, California, USA & New York, New York, USA
Founded
1969
AUM
$4B+
Investment Range
$5M - $50M
Portfolio Companies
1
Focus
biotech-focused
Fund Stages
seed, series-a, series-b, series-c, growth

Investment Thesis

Venrock invests in transformative healthcare companies with strong scientific foundations and exceptional teams. They focus on companies developing novel therapeutic modalities, innovative medical devices, and digital health solutions that can fundamentally change patient care. Their long-term approach and patient capital enable portfolio companies to pursue ambitious goals.

Team

Partners / Managing Directors (Healthcare Focus)

  • Bryan Roberts, PhD - Partner (healthcare lead)
  • Camille Samuels - Partner
  • Bob Kocher, MD - Partner (former Obama healthcare advisor)
  • Ravi Viswanathan - Partner

Other Key Team Members

  • Austin Byers - Partner
  • Racquel Bracken - Partner

Focus Areas

  • Therapeutics (Oncology, Immunology, Neuroscience)
  • Medical Devices
  • Diagnostics
  • Digital Health & Healthcare IT
  • AI in Healthcare
  • Drug Delivery

Notable Portfolio Companies

  • Suki - AI voice assistant for healthcare ($70M Series D, October 2024)
  • Illumina - DNA sequencing (early investor, IPO 2000)
  • Athenahealth - Healthcare IT (early investor, acquired)
  • 23andMe - Consumer genetics (early investor)
  • Inscripta - Gene editing

Notable Exits

  • Illumina - IPO (2000, NASDAQ: ILMN, market cap >$30B)
  • Athenahealth - Acquired (2019, $5.7B deal)
  • Idec Pharmaceuticals - Merged with Biogen (NASDAQ: BIIB)
  • Gilead Sciences - IPO (NASDAQ: GILD, early investor)
  • Centocor - Acquired (acquired by J&J for $4.9B)

Sources

Portfolio Companies

NameLocationFoundedCategories
SukiRedwood City, California, USA2017
healthcare-platformai+3