Organization · Venture Capital

Deerfield Management

Deerfield Management is a New York City-based investment management firm specializing in healthcare investments, managing over $15 billion in assets across more than 200 companies. The firm focuses on both public and private investments in sectors such as biotechnology, medical devices, and digital health.

Venture CapitalFunderEvent hostPublisher

Overview

What Deerfield Management does

What Deerfield Management is

Deerfield Management is a New York City-based investment management firm specializing in healthcare investments, managing over $15 billion in assets across more than 200 companies. The firm focuses on both public and private investments in sectors such as biotechnology, medical devices, and digital health.

How it participates in the startup ecosystem

The current public profile supports funder and event host and publisher capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.

Operational profile

Organization status and context

Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.

Operational status
Active
Organization type
Venture Capital
Founded
Founded in 1994
Approximate age
About 32 years
Structured capabilities
Funder · Event host · Publisher
Last reviewed
March 27, 2026

Official channels

Find Deerfield Management elsewhere

Open the official website or a supported primary organization account.

Capability profile

Deerfield Management as a funder

Investment thesis

Deerfield Management focuses exclusively on advancing healthcare through strategic investments in therapeutics, medical devices, and innovative healthcare services. The firm aims to support companies at all stages of development, leveraging its extensive expertise and philanthropic initiatives to drive impactful healthcare solutions.

Focus narrative

Deerfield invests in a diverse portfolio of over 200 private and public companies across the healthcare ecosystem. The firm focuses on sectors such as therapeutics, medical devices, healthcare services, diagnostics, and digital health. By providing flexible funding models, Deerfield supports companies from early-stage startups to mature enterprises, ensuring a comprehensive approach to healthcare innovation.

Value beyond capital

Deerfield Management adds value to its portfolio companies through strategic guidance, access to a vast network of industry experts, and resources for research and development. The firm's philanthropic initiatives also enhance its impact, as a portion of profits from its Healthcare Innovations Fund III is donated to the Deerfield Foundation, which focuses on improving children's health worldwide.

Focus and fit

Stages
Friends and Family · Angel · Accelerator · Pre-seed · Seed · Seed+ · Series A · Series A+ · Series B · Series B+ · Series C · Series C+ · Series D · Series E · Series F · Growth Equity · Pre-IPO · Ipo
Regions
Global · North America

Availability

Currently deploying
Yes

Portfolio and track record

Recorded portfolio count
200
Recorded notable exits
Nuvalent, Bicara Therapeutics, and Arvinas

Portfolio context

Notable portfolio companies include: Neomorph: Developing new medicines against 'undruggable' targets. Alo: A healthcare services platform assisting independent physicians in managing their practices. Deerfield Catalyst: Focused on transforming medical device innovations into commercial products. Additionally, Deerfield has early investments in publicly traded companies like Nuvalent, Bicara Therapeutics, and Arvinas.

Capability profile

Deerfield Management as an event host

Event focus

Deerfield Management invests in a diverse portfolio of over 200 private and public companies across the healthcare ecosystem. Their focus includes sectors such as therapeutics, medical devices, healthcare services, diagnostics, and digital health. The firm provides flexible funding models and supports companies at all stages of development, from early-stage startups to mature companies.

Format narrative

Deerfield hosts the AML Summit, an annual event aimed at advancing research for acute myeloid leukemia, and engages in various industry events to foster collaboration and innovation.

Participant value

The XSeed Awards provide funding of up to $500,000 to support underfunded and underrepresented life science startups in New York City.

Format and cadence

Event types
summit
Recurrence
annual
Modality
in-person
Startups can present
No

Availability

Registration state
Not currently accepting

Audience and fit

Stages
Pre-seed · Seed · Series A · Growth Equity
Audience
Founders · Investors
Sectors
Healthcare · Medical Devices · Diagnostics · Digital Health

Speakers and past editions

Speakers

Key team members include Jim Flynn, Managing Partner; Konstantinos Aprilakis, M.D., Partner; Sumner Anderson, Partner; Nicholas Bishop, Ph.D., Partner; Brian Bizoza, M.D., Partner; and Anne Daub, Partner.

Capability profile

Deerfield Management as a publisher

Editorial focus

Deerfield Management Company is dedicated to advancing healthcare by investing in a diverse portfolio of over 200 private and public companies across the healthcare ecosystem. Their focus includes therapeutics, medical devices, healthcare services, diagnostics, and digital health. The firm provides flexible funding models and supports companies at all stages of development, from startups to mature enterprises.

Audience value

Deerfield offers institutional healthcare investment opportunities with a focus on innovative healthcare solutions. Their commitment to philanthropy and support for underrepresented startups distinguishes them in the venture capital landscape.

Format and cadence

Content formats
research-report

Availability

Guest pitch state
Not currently accepting

Audience and focus

Audience
Investors · Founders
Sectors
Healthcare

Flagship work and coverage

Flagship properties

Deerfield runs the XSeed Awards, providing funding to underfunded and underrepresented life science startups in New York City. They also host the AML Summit, an annual event focused on advancements in hematology and related fields.

Notable coverage

Deerfield has been recognized for its unique philanthropic model, where a portion of profits from the Healthcare Innovations Fund III is donated to the Deerfield Foundation, aimed at improving children's health worldwide. The firm has received significant industry recognition and has been covered by BioPharma Dive and FierceBiotech.

Common questions

What to know about Deerfield Management

Upseed classifies Deerfield Management under the Venture Capital organization type. Its current public profile includes funder, event host, and publisher capabilities.

Next step

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Source and update disclosure

Know what this page is based on

Source basis

Public organization and program material, official websites, and structured Upseed records.

Last reviewed

March 27, 2026

Known limits

Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.

Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.