Here’s a New $200 Million Fund Philly Healthcare Startups Should Know About

Adele Oliva, 1315 Capital Cofounder

As of today, there’s $200 million in fresh investment money looking for a new home. But you have to dream big. The funding is meant for companies that “have the potential to generate $100 million a year in revenue.”

So says University City-based 1315 Capital. The growth-equity firm announced Wednesday the closing of a $200 million fund aimed at commercial-stage pharma, medical and healthcare services companies.

An undisclosed group of individual investors, foundations, state and corporate pension funds raised the stately total.

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