Patient Square Capital

Private Equity

Healthcare-focused private equity firm purpose-built to be the preeminent investor in healthcare, covering biopharma, medtech, and healthcare services.

Menlo Park, United States · 10+ investments · 7 portfolio companies

Growth
Late Stage
Healthcare
Life Sciences
Digital Health
Medical Devices
Headquarters
Menlo Park, United States
Founded
2020
AUM
$5.9B
Portfolio Companies
7
Total Investments
10
Last Investment
Sep 2025
Geographic Focus
United States

Investment Thesis

Purpose-built to be the preeminent healthcare investment firm, focusing on biopharma, medtech, and healthcare services with a patient-centric approach.

Patient Square Capital is a Private Equity firm based in Menlo Park, United States. It has made 10 investments in Healthcare and Life Sciences, including Liquidia Corporation, GondolaBio and Lyell Immunopharma.

Portfolio7

Co-investors24

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24 co-investors across 24 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×15 · Private Equity ×3 · Corporate VC ×2 · 19 shared rounds

Investment History

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