Questa Capital Closes $348M Fund II

September 17, 2020Client News

Gunderson Dettmer represented client Questa Capital, a venture growth equity firm exclusively dedicated to the healthcare industry, in its closing of Questa Capital Partners II, LP with $348 million of capital commitments. The firm's second fund will invest selectively in later stage companies in healthcare services, technology and medical devices with significant growth potential.

In the announcement of the transaction founder and managing partner of Questa Capital Ryan Drant said, "Despite the challenges of COVID-19 we have been honored with the investor response for our second fund, which exceeded our expectations. We are both grateful for the strong interest and additional investment from our existing investors, and pleased to be starting long-term relationships with a small group of exceptional new limited partners.  We look forward to continuing to build differentiated and high-growth healthcare companies in close collaboration with strong management teams. Questa will continue to partner with companies that share our vision and passion to improve clinical outcomes, efficiency, safety, and the patient experience to help address critical challenges in our healthcare system."

The Gunderson deal team was led by Richard Hesp and included Tyler Kirtley and David Myerson.