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Questa Capital Announces $397M Fund Formation

August 24, 2023Client News

Gunderson Dettmer represented client Questa Capital in the formation of Questa Capital Partners III, a $397 million venture growth equity fund. The fund is dedicated to making a concentrated number of investments in transformative healthcare sectors including services, technology and medical devices.

Questa Capital has now raised over $1 billion to partner with outstanding healthcare entrepreneurs striving to build disruptive companies that improve lives and provide better and more efficient care.

In a press release announcing the fund formation, Questa Capital managing partner Ryan Drant said, "We are extremely pleased to close on Fund III despite a challenging fundraising environment. We are both grateful for the strong interest and ongoing support from our existing investors, and pleased to be starting long-term relationships with a small group of exceptional new limited partners.  We are honored to work closely with our portfolio companies, including marquee companies like Dispatch Health, Cortica, Medrio, and Calyxo."

The Gunderson Dettmer deal team was led by Rich Hesp and Tyler Kirtley, and included David Myerson and Luke Charette.

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Questa Capital