The Vertical Group
Basking Ridge, New Jersey, United StatesFounded 1988
The Vertical Group is a venture capital firm focused on the fields of medical technology and biotechnology. It is the successor to the venture capital division of F. Eberstadt & Co. and has been an independent firm since 1988.
31% of their portfolio is in Healthcare. Deal activity decreased year-over-year (1 deal in the last 12 months vs 3 prior). Average disclosed round size is $35.9M (across 77 rounds with reported amounts).
Portfolio
56
Fund Size
—
Top Stage
Series A
Last 12 Mo
1
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
81 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Route 92 Medical | Growth | $50M | Apr 2026 |
 Barti | Series A | $12M | Aug 2025 |
 UpWell | Seed | $6.5M | Jan 2025 |
| HHeyLibby | Seed | $4.5M | Jan 2025 |
 Upwell | Seed | $6.5M | Jan 2025 |
| Route 92 Medical | Series F | $50M | Sep 2024 |
 Route 92 Medical, Inc. | Series F | $50M | Sep 2024 |
 Opkey | Series B | $47M | Aug 2024 |
 Alida Bio | Series A | $7.5M | Jun 2024 |
 Backflip | Series A | $15M | Apr 2024 |
 Cambium | Series A | $19M | Dec 2023 |
 Roofr | Series A | $23.5M | Oct 2023 |
 Inbox Health | Series B | $22.5M | May 2023 |
 SOCi, Inc. | Growth | $120M | Mar 2023 |
 Luminopia | Series A | $16M | Jan 2023 |
 SOCi | Unknown | $120M | Jan 2023 |
 NanoCellect | Unknown | $86M | Jan 2023 |
 MicroTransponder | Series E | $73M | Sep 2022 |
| Roofr | Series A | $12M | Sep 2022 |
| MicroTransponder | Series E | $53M | Jun 2022 |
| MMenlo Microsystems | Series C | $150M | Mar 2022 |
 Menlo Micro | Series C | $150M | Mar 2022 |
 ONI | Series B | $75M | Jan 2022 |
| Roofr | Series A | $12M | Jan 2022 |
| Backflip | Seed | — | Jan 2022 |
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Top Co-Investors
U.S. Venture Partners16 shared
Norwest Venture Partners9 shared
InnovaHealth Partners6 shared
Novo Holdings A/S6 shared
Warburg Pincus LLC6 shared
Paladin Capital Group5 shared
Fidelity Investments5 shared
Hemisphere Ventures5 shared
Morgenthaler Ventures5 shared
Novo Capital4 shared
JMI Equity4 shared
Blossom Street Ventures4 shared
Build Collective4 shared
Piva Capital4 shared
Sectoral Asset Management4 shared
Gaingels3 shared
Grayhawk Capital3 shared
Revel Partners3 shared
LiveOak Venture Partners3 shared
CRG3 shared
Last updated: 7 October 2026