What is Millennia's typical initial investment size?
The average Millennia investment is about $5 million per company. We will increase the amount in subsequent funding rounds up to about $25 million.   

In what stage does Millennia invest?
We use a multi-stage investment approach investing in growth stage and late stage companies.  

In what geographies does Millennia invest?
Millennia invests throughout the United States and Canada, but prefers companies located in the eastern United States. We consider selected investment opportunities outside the United States that present exceptional return potential.  

Is Millennia typically the lead investor in its deals?
We are active lead or co-lead investors in our investments. We strongly prefer investment syndicates with few co-investors.  

What does Millennia contribute to an investment other than capital?
We are active, value-added investors. For additional information please see our discussion on our Core Company Strategy and our section on What Sets Us Apart.  

Is Millennia involved in the day-to-day operations of your portfolio companies?
We are not typically involved in the day-to-day operations but are active as strategic advisors, assisting management with the development of business and financial strategies, preparations for private and public financing events and organizational development.   

Who should I contact about a potential investment?
Contact the most relevant partner in your area of interest. See Our Team.  

What does Millennia look for in a potential investment?
We screen potential investment opportunities based on five investment criteria: strength of management, size of market, competitive position of product or service being sold, quality of investment syndicate, and prospects for liquidity.  

What industries does Millennia target?
The current Millennia fund seeks investments in the healthcare and life sciences industry.  

How long does it take to secure capital from Millennia?
Millennia conducts a thorough due diligence process prior to committing to an investment. We typically seek to close an investment between 90 to 120 days after our initial meetings with management.   

What is Millennia’s average holding period for an investment?
Millennia recognizes that value creation takes time. We are patient investors. Our average holding period for an investment is 5 years.   

What are Millennia’s investment return targets?
We seek to return a minimum of 5-10 times our investment for each our portfolio company commitments.