About Lilly Ventures
Lilly Ventures is a venture capital firm founded in 2001. It is primarily based out of Indianapolis, United States. As of Feb 2024, Lilly Ventures has invested in 39 companies. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from Life Sciences to High Tech and Enterprise Applications. Most recently it led the $26.1M Series A round of along with . This round also saw participation from and other investors.
Overall, Lilly Ventures portfolio has seen 8 IPOs and 19 acquisitions including key companies like , and . A lot of funds co-invest with Lilly Ventures, with names like sharing a substantial percentage of its portfolio.
Lilly Ventures has team of 1 people including 1 partners.
Key Metrics
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Portfolio Sectors
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Portfolio Locations
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Portfolio IPOs
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Portfolio Acquisitions
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Portfolio Soonicorns
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Lilly Ventures' Year-on-Year Investment Trends
Lilly Ventures has invested in 39 companies over the last 24 years, with an average of 0 new investment annually in the last 10 years. In 2024, it made 1 investment. Its most recent first time investment was in and most recent follow-on round was in .
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Lilly Ventures' Investment Trends by Stage
Lilly Ventures has made 12 investments in Series A stage with an average round size of $19.7M, 11 investments in Series C stage with an average round size of $23.8M and 10 investments in Series B stage with an average round size of $22M.Note: We have considered here, only first round of investments
Stage of entry | No. of Investments |
|---|---|
Series A | 12 |
Series C | 11 |
Series B | 10 |
Series D | 4 |
PE | 1 |
Others | 1 |
Lilly Ventures' Investment Trends by Sector
Lilly Ventures has a diverse portfolio, with companies operating in the Life Sciences, Healthcare, High Tech, Enterprise Applications and HealthTech. Notably, it has invested in 32 Tech companies, 21 Enterprise (B2B) companies, 2 Artificial intelligence companies and at least 2 companies focusing on Consumer (B2C).
Note: We have considered here, only first round of investments
Sector | No. of Investments |
|---|---|
Life Sciences | 30 |
Healthcare | 6 |
High Tech | 6 |
Enterprise Applications | 4 |
HealthTech | 4 |
Others | 10 |
Lilly Ventures' Investment Trends by Geography
Lilly Ventures has made most investments in United States (38), followed by Israel where it has made 1 investments.
Lilly Ventures' recent investments
Here are the most recent investments by Lilly Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 13, 2024 | United States | Series D | $170M | [+11] | |
Nov 13, 2018 | United States | Series B | $65M | [+8] | |
Jul 26, 2018 | United States | Series E | $85.4M | [+11] | |
Oct 30, 2017 | United States | Series A | $30M | [+1] | |
Jan 13, 2017 | United States | Series A | $26.1M | [+6] |
Get the detailed list of all investments by Lilly Ventures. Download now!IPOs and Publicly Listed companies in Lilly Ventures' Portfolio
Here are Lilly Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 26, 2024 | Feb 13, 2024 | Series D | $170M | |
Aug 21, 2020 | Oct 30, 2017 | Series A | $30M | |
Sep 27, 2018 | Nov 05, 2010 | Series C | $20M | |
Jun 30, 2017 | Jun 08, 2009 | Series D | $40M | |
Aug 11, 2016 | Sep 19, 2006 | Series A | $9M |
Acquired companies in Lilly Ventures' Portfolio
Here are Lilly Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 08, 2023 | Jan 08, 2015 | Series A | $35M | |
 | Sep 01, 2022 | Dec 01, 2009 | Series B | $25.5M |
Jul 10, 2020 | Feb 01, 2006 | Series A | $9M | |
Aug 12, 2019 | Jan 12, 2017 | Series A | $26.1M | |
Jun 01, 2019 | Jun 04, 2014 | Series C | $8.24M |
Team profile of Lilly Ventures
Lilly Ventures has a team of 1 member. Lilly Ventures' team does not sit on the board of any company as of now.Co-investors of Lilly Ventures
Over the past 24 years, 263 investors have co-invested in Lilly Ventures's portfolio companies.
- Invested before Lilly Ventures:Ìý, and 52 others have invested in rounds before Lilly Ventures. There are 3 companies where HHS has invested before Lilly Ventures and 2 companies where Alta Partners has invested before Lilly Ventures.
- Top Co-investors of Lilly Ventures:Ìý103 investors entered a company along with Lilly Ventures. These include investors like (5 companies).
- Invested after Lilly Ventures:ÌýA total of 106 investors have invested in Lilly Ventures's portfolio after their investments. Top Investors include (4 companies), (3 companies) and (3 companies).
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Recent News related to Lilly Ventures
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Pharmaceutical Technology•Feb 14, 2024•, , , and 15 others
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PR Newswire•Sep 21, 2021•, , Lilly Ventures, and 2 others
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Fierce Biotech•May 15, 2019•, , , and 9 others
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BioSpace•Nov 13, 2018•, , , and 7 others
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PR Newswire•Jul 26, 2018•, , , and 10 others
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Reuters•Oct 30, 2017•, , , and 3 others
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Citybizlist•Jan 08, 2017•, , , and 4 others
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Business Wire•Apr 14, 2015•, , , Lilly Ventures and 2 others
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Business Wire•Mar 23, 2015•, Lilly Ventures, , and 6 others
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Fierce Biotech•Mar 18, 2015•, , , and 2 others
