Squadra Ventures

Baltimore, MD

,

USA

·

North America

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About

Squadra Ventures

SR One is a Philadelphia-based independent life sciences venture capital firm founded in 1985 as the corporate venture arm of GlaxoSmithKline (GSK) and subsequently spun out as a fully independent firm in 2020. The firm manages more than $1 billion in assets and invests from seed through Series B stages with initial checks from $5 million to $25 million. Portfolio companies include CytomX Therapeutics, the clinical-stage company developing conditionally activated biologic cancer therapies; Goldfinch Bio, the precision medicine company developing treatments for kidney diseases; Imago BioSciences, acquired by Bristol-Myers Squibb for $1.35 billion; and Passage Bio, the gene therapy company that completed a Nasdaq IPO. Beyond its original investments, the portfolio includes additional clinical-stage biopharmaceutical companies.

Notable portfolio companies

Cybereason, Hunters, Sygnia, Varonis

Notable Exits

Imago BioSciences (acquired by BMS, $1.35B, 2022), Passage Bio (Nasdaq IPO, 2020)

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