RA Capital Management

Hedge Fund

Boston-based multi-stage investment manager founded in 2004, focused on evidence-based investing in healthcare and life science companies from early-stage formation through commercialization.

Seed
Early Stage
Growth
Late Stage
Biotech
Climate Tech
Healthcare
Life Sciences
Headquarters
Boston, United States
Founded
2004
Website
racap.com
AUM
$12.6B
Portfolio Companies
2
Total Investments
93
Last Investment
May 2026
Geographic Focus
North America

Investment Thesis

Evidence-based, multi-stage investing in healthcare and life sciences—drugs, devices, diagnostics, and tools—from early formation through public market commercialization.

Portfolio2

Investment History

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