Sparta Group LLC is the private investment office of Gururaj 'Desh' Deshpande, a serial entrepreneur and venture investor. The firm invests in private companies across life sciences, emerging category-creating technologies, and fund managers with permanent, patient capital.
37% of their portfolio is in Healthcare. Average disclosed round size is $74.2M (across 18 rounds with reported amounts).
Portfolio
15
Fund Size
—
Top Stage
Series A
Last 12 Mo
1
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
19 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Stoke | Series D | $510M | Oct 2025 |
 Zolve | Series B | $51M | Mar 2025 |
| BBrixton Biosciences | Series B | $33M | May 2024 |
 AEQUS | Unknown | $54M | Jan 2023 |
 Instylla | Unknown | $30M | Jan 2023 |
 Rejoni | Series B | $25M | Dec 2022 |
 GFBiochemicals | Series A | — | May 2022 |
 Avant-garde | Series A | $12M | Jan 2022 |
| Rejoni | Series A | $15M | Sep 2020 |
 Virtudent | Series A | $8M | Jan 2018 |
 Ocular Therapeutix | Series D | $10M | Nov 2012 |
| Ocular Therapeutix | Series D | $14M | Feb 2011 |
 Cypher AI | Seed | $2M | — |
| NNeobank Zolve | Series B | $251M | — |
 Virtudent | Series A | $8M | — |
| Rejoni | Series B | $25M | — |
 Augmenix | Series D | $10.8M | — |
| PPixxel Space | Series A | $25M | — |
| Zolve | Unknown | $251M | — |
Top Co-Investors
Health Catalyst Capital6 shared
Lightspeed Venture Partners4 shared
Delos Capital4 shared
India Quotient3 shared
HSBC3 shared
Accel3 shared
SBI Investment3 shared
SV Health Investors3 shared
Ascension Ventures3 shared
Excelestar Ventures3 shared
The Spartan Group3 shared
SpringRock Ventures2 shared
.406 Ventures2 shared
DST Global2 shared
DG Daiwa Ventures2 shared
Polaris Partners2 shared
Versant Ventures2 shared
General Catalyst1 shared
Fulcrum Equity Partners1 shared
Founder Collective1 shared
Last updated: 20 October 2026