Saratoga Ventures

Saratoga Ventures was a venture capital firm based in Mountain View, California, specializing in seed, early, and later stage investments. The firm focused on companies within the healthcare sector, including biotechnology, pharmaceuticals, health technology, and life sciences. Notable funds managed by Saratoga Ventures included Saratoga Ventures III and Saratoga Ventures VI, which directed capital towards innovative healthcare devices, supplies, and oncology solutions.

Foster Hendrix

General Partner

Lee Stoian

General Partner

9 past transactions

Strategikon

Series A in 2021
Strategikon Pharma, Inc. is a technology firm that specializes in the design and development of software solutions aimed at optimizing the outsourcing processes in the pharmaceutical industry. Its flagship product, Clinical Maestro, is a cloud-based platform that facilitates end-to-end management of clinical business operations, including planning, outsourcing, and financial management of clinical trials. This software creates a collaborative virtual environment that enhances communication and data integration between pharmaceutical companies and their service providers, moving away from traditional, labor-intensive methods such as Excel. By providing tools for clinical financial management, vendor performance metrics, and contract lifecycle management, Clinical Maestro enables biopharmaceutical firms to streamline their operations and reduce costs significantly. Founded in 2016 and headquartered in San Rafael, California, Strategikon also offers consulting services to support the establishment of clinical business operations for new entrants in the field.

MyoScience

Series E in 2013
MyoScience Inc., founded in 2005 and based in Redwood City, California, focuses on the development and commercialization of innovative dermatological products. The company leverages advanced technology to create solutions aimed at addressing various skin-related issues. Through its efforts, MyoScience aims to provide effective products that enhance skin health and appearance.

MyoScience

Series D in 2012
MyoScience Inc., founded in 2005 and based in Redwood City, California, focuses on the development and commercialization of innovative dermatological products. The company leverages advanced technology to create solutions aimed at addressing various skin-related issues. Through its efforts, MyoScience aims to provide effective products that enhance skin health and appearance.

FRP Products

Private Equity Round in 2011
FRP Products Co. Pte Ltd, established in 1970 and headquartered in Singapore, specializes in providing solutions for coatings and lining applications primarily for the oil, petrochemical, and pharmaceutical industries. The company offers a range of services, including fiberglass lamination and repair, protective coating applications, tank-lining applications, thermal spray coating, and factory blasting and painting. Additionally, it provides dust-free abrasive blast cleaning, scaffolding, and insulation works. By focusing on corrosion protection and surface preparation, FRP Products plays a critical role in maintaining the integrity and safety of industrial facilities.
Tibion Corporation, a medical device company, engages in the design and development of bionic devices for the mobility impaired. Its bionic technologies provide non-invasive actively-assisted mobility enhancement and rehabilitation for impaired by surgical recovery, stroke, aging, or loss of muscle function. The company provides PowerKnee, a wearable bionic device for the leg to enhance rehabilitation and help patients improve muscle strength and function, as well as to provide assistance with activities of daily living. Its products are enabled by innovations in orthotics, biomechanics, and embedded control systems. The company was founded in 2002 and is based in Moffett Field, California.

Hotspur Technologies

Series A in 2008
Hotspur Technologies is a prominent developer of catheter-based technologies designed to restore blood flow in patients with obstructed vessels. The company specializes in creating innovative products that utilize unique technology to open blood vessels more effectively and with minimal invasiveness. Through its advancements, Hotspur Technologies aims to improve patient outcomes in the treatment of vascular obstructions.

MyoScience

Series B in 2008
MyoScience Inc., founded in 2005 and based in Redwood City, California, focuses on the development and commercialization of innovative dermatological products. The company leverages advanced technology to create solutions aimed at addressing various skin-related issues. Through its efforts, MyoScience aims to provide effective products that enhance skin health and appearance.

Broncus Medical

Series F in 2006
Broncus Medical develops innovative diagnostic and therapeutic navigation technologies aimed at treating lung diseases. The company offers a range of products, including the Archimedes System, which features bronchoscopic trans-parenchymal needle access for virtual bronchoscopic planning and navigation, and the Lungpoint Virtual Bronchoscopic Navigation system that enables real-time navigation within the lungs for biopsy procedures. Additionally, Broncus is advancing its Exhale product line, which includes the Airway Bypass procedure, a minimally-invasive treatment for homogeneous emphysema, a prevalent form of the disease. The company is currently conducting the pivotal EASE Trial to evaluate this treatment. Founded in 1997 and originally named Broncus Technologies, the company is headquartered in San Jose, California, with additional operations in Shanghai, China, and Mountain View, California. Broncus Medical focuses on addressing the unmet medical needs in interventional pulmonology, improving the diagnosis and treatment of lung cancer and chronic obstructive pulmonary disease (COPD).

Intact Medical

Series D in 2003
Intact Medical Corporation specializes in the design, development, and marketing of minimally invasive systems for the volumetric excision of tissue, primarily targeting diagnostic and therapeutic applications in specific cancer markets. Founded in 1998 and based in Framingham, Massachusetts, the company offers an innovative intact breast lesion excision system. This system employs a vacuum-assisted, image-guided procedure that utilizes a slender wand inserted through a small incision to extract an intact sample of suspicious breast tissue. The procedure incorporates radio frequency energy, allowing for the complete removal of identified abnormalities with minimal invasiveness. Intact Medical's mission focuses on alleviating pain, restoring health, and extending life for patients undergoing treatment.
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