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Status
ACTIVE
Global HQ
Delaware City, United States
Countries of investment
  • United States
Investment stages
  • Seed
  • Series A
Industries
  • Healthcare
  • Life Sciences
  • Venture Capital
About
Elevage Medical Technologies is a specialized investment platform headquartered in the US and backed by the multi-billion dollar private equity firm Patient Square Capital. It was founded specifically to address the unique capital and expertise gaps within the medical device and MedTech subsectors. The firm acts as a high-conviction partner for innovators bridging the gap between clinical validation and commercial scale.
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$10M
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$100M
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Investment Thesis

Elevage Medical Technologies targets growth-stage medical device companies that demonstrate a clear potential to improve patient quality of life. The thesis centers on providing not just capital, but intensive operational and regulatory support to accelerate the path to commercialization. By leveraging the scale of Patient Square Capital, they aim to turn clinical innovations into global market leaders.
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Manager's Experience

The investment leadership team brings deep experience in healthcare operations and medical services, with backgrounds spanning hospital management, healthcare private equity, and physician-led platforms. Their expertise is centered on scaling clinical services, healthcare roll-ups, and value-based care models rather than traditional venture-style experimentation.

Team

Brian Truesdale - President and CEO

Evan Norton - Managing Director

Rob Ghenchev - Principal

Jennifer Jula - Senior Legal Counsel

Portfolio

Midi Health

Affinia Therapeutics

Verve Therapeutics

Beam Therapeutics

Enlaza Therapeutics

Arrakis Therapeutics

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