About

We’ve been creating the future of health for over 20 years through evidence-based, full-lifecycle investing.

RA Capital funds and builds companies from evidence to enterprise. We help transform breakthrough science into transformative therapeutics and back technologies that protect and restore the health of our planet. We originate conviction, argue from evidence, and help companies turn vision into impact.

Our advantage

An integrated platform for breakthrough innovation

RA Capital is more than just smart capital: we are an integrated ecosystem built to deliver advantage at every stage. We provide multi-stage capital, process innovation, and company-building insight across the full innovation lifecycle. We help turn ideas into enduring businesses that make the world healthier.

Performance backed by science

RA Capital’s track record reflects our repeatable process: deep diligence, multi-stage investment flexibility, and continuous learning. We invest across public and private markets and build companies when the best path requires a NewCo—all supported by a 200+ person team with scientific depth and operational expertise.

$14.4B+

Assets under management as of 12/31/251

65+

Companies acquired since inception2

125+

IPOs since inception2

70+

Approved drugs financed3

30+

Companies created4

Full-lifecycle investing

NewCo Organization Seed

NewCo creation & incubation

Column 1 through 2

NewCo Organization Crossover Financing

Venture investing

Column 1 through 4

Series A, B, C Public Markets

Later stage private & public investing

Column 3 through 6

Public Markets Public Markets

Structured capital

Column 6 through 6

How we invest in healthier futures

RA Capital is a multi-stage investor across healthcare, life sciences, and planetary health with capital solutions that span public and private markets. From new company creation to public equities, RA Capital’s evidence-based platform helps entrepreneurs invent the future of health.

Aerial view turquoise ocean sandy beach coastal scrub

Healthcare investing

  • Early-stage & venture

    We partner early to shape strategy, recruit teams, and define the proof needed to change standards of care, with an investment approach grounded in comprehensive landscape research.

  • Later-stage / privates & publics

    We provide capital continuity and diligence through growth, IPO, and beyond, investing across private and public markets as evidence compounds and stories mature.

  • Structured capital

    We provide capital continuity and diligence through growth, IPO, and beyond, investing across private and public markets as evidence compounds and stories mature.

Healthcare

Planetary health investing

  • Planetary health early-stage & venture

    We invest in near-market, scalable companies that can profitably advance resource availability, energy innovation, and industrial productivity.

Planetary Health
Scientist using pipette in petri dish laboratory

Incubate, co-create, and unlock value with Raven.

Raven colors in biomedical white spaces by building companies to address unmet needs or revitalizing underleveraged assets with the capital and operational support to move fast.

Our Values

We originate conviction. We do not borrow it from others.

We expect and strive to inspire the best in everyone.

We do not let convention stand in the way of what is right.

We embrace the unfamiliar.

We learn collaboratively.

We have a bias for action.

We are persistently curious and humbled by what is left to learn.

We are data-driven and challenge assumptions.

We preserve the ability to change our mind.

We admit our mistakes and share lessons learned.

We address the elephant in the room.

We value our relationships and are positive, respectful, and open-minded.

We take fun seriously.

Our Offices

We are based in America’s biggest innovation hubs.

Office John Hancock Boston

Boston

200 Berkeley St, 18th & 19th Floors, Boston, MA 02116
Office Presidio San Francisco

San Francisco

220 Halleck St, Suite 220, San Francisco, CA 94129
Office Rockefeller New York

New York

600 Fifth Ave, 23rd Floor, New York, NY 10020