
PFM Health Sciences
San Francisco, California, United StatesFounded 2004
PFM Health Sciences (formerly Partner Fund Management) is a San Francisco-based healthcare investment advisor founded in 2004. The firm invests across the capital structure in both public and private healthcare companies, spanning biopharma, medical technology, life sciences, and healthcare services.
56% of their portfolio is in Healthcare. Their most common stage is series-c (40% of deals). Average disclosed round size is $149.8M (across 24 rounds with reported amounts).
Portfolio
20
Fund Size
—
Top Stage
Series C
Last 12 Mo
0
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
25 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Series B | $73M | Sep 2026 | |
| Series B | $73M | Jan 2026 | |
| Series C | $180M | Aug 2024 | |
| Series B | $73M | Jan 2024 | |
| Series A | $285M | Aug 2023 | |
| Series B | $175M | Jan 2022 | |
| Series D | $100M | Oct 2021 | |
| LLark Technologies | Series D | $100M | Oct 2021 |
| Series D | $100M | Oct 2021 | |
| Series C | $50M | Sep 2021 | |
| CCytrellis | Series C | $50M | Sep 2021 |
| Series D | $80M | Jul 2021 | |
| Series D | $600M | Jun 2021 | |
| CCollectivehealth Inc | Series F | $280M | May 2021 |
| Series D | $168M | Mar 2021 | |
| Series D | $168M | Mar 2021 | |
| Series B | — | Jan 2021 | |
| PPersonal Genome Diagnostics (PGDx) | Series C | $103M | Jan 2021 |
| Series C | $100M | Jan 2021 | |
| Series E | $125M | Feb 2020 | |
| Series C | $96.1M | Jan 2014 | |
| Series C | $103M | Jan 2014 | |
| Series C | $198M | Jan 2004 | |
| Series C | $115M | — | |
| NNikang Therapeutics, Inc. | Series C | $200M | — |
Top Co-Investors
Deerfield5 shared
Perceptive Advisors4 shared
Sands Capital4 shared
Founders Fund4 shared
D1 Capital Partners3 shared
RA Capital Management3 shared
Surveyor Capital3 shared
Avidity Partners3 shared
OrbiMed3 shared
Threshold Ventures3 shared
Lux Capital3 shared
Franklin Templeton3 shared
Olive Tree Ventures3 shared
King River Capital3 shared
Tim Draper2 shared
ARCH Venture Partners2 shared
Samsara BioCapital2 shared
Soleus Capital2 shared
Vivo Capital2 shared
HBM Healthcare Investments2 shared
Last updated: 27 September 2026