Innovation
iGan Partners closes $100 million health-tech fund
April 24, 2019
TORONTO – iGan Partners has announced the closing of its first fund at $100 million with the help of family offices and high net-worth individuals. The fund is focused on the health technology sector, including: digital health, medical devices, healthcare IT and artificial intelligence (AI). The fund provides investors with diversified exposure to early-stage health technologies.
“Our investment team continues to source a large number of high-quality investment opportunities, leveraging our deep expertise in the health sector, a leading commercial and advisory board, and long-standing relationships within the venture capital community,” said, Sam Ifergan (pictured), founder and managing partner. “We leverage our unique capabilities and partner closely and cooperatively with passionate entrepreneurs and management teams that have track records of success.”
Established in 2013, iGan Partners is said to be the largest healthcare VC investor in Canada. The firm is focused on digital health, medical devices, healthcare IT and AI.
It invests in entrepreneurs to commercialize and scale their disruptive healthcare innovations. The company ensures alignment of interests at all times and is are committed to fulfill its responsibility to provide investors with superior risk-adjusted returns.
“Incredible technological advancements are being made throughout the healthcare sector – from advanced imaging & diagnostics to data driven clinical decision support and AI – all of which are increasing access to high quality and affordable care. Our fund is playing an important role in bringing promising new technologies to market,” said Joel Finlayson, partner at iGan Partners.