Fletcher Spaght, Inc.
Venture capitalBoston · Late Stage · 8 people tracked
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Investment thesis
Fletcher Spaght operates primarily as a healthcare and life sciences strategy consulting firm, helping companies ranging from startups to multi-billion-dollar global leaders with growth strategy, business planning, investment diligence and fundraising. Its associated venture arm, Fletcher Spaght Ventures, invests in healthcare and technology through funds such as FSV I ($30M) and FSV II ($100M healthcare fund). The firm's leaders are subject-matter experts with executive management, investor, and board experience, emphasizing collaboration, quality, objectivity and actionable insight.
Source: firm website, verified Aug 3, 2026.
Team · 8 people
from the firm's websiteCo-founder of FSI who left the Boston Consulting Group in 1983 to focus on growth strategy for healthcare and technology clients.
Barbara Guidi Kohler is a Partner and CFO at Fletcher Spaght, Inc., with over 30 years of experience in operational and strategic roles across private and public B2B and B2C companies. She previously served as COO of the AI diagnostic company 3Derm (acquired in 2020), held senior operational, enterprise sales and partnership roles at athenahealth, and was a manager at The Boston Consulting Group. She holds an MBA from Harvard University and a BS in Electrical Engineering from the University of New Hampshire.
Bill Sigona joined Fletcher Spaght in 2008 and leads client engagements on growth strategy for companies and investors in biopharma, life science tools/diagnostics, and Medtech. He also heads the firm's strategic partnering advisory practice and previously sourced deals and conducted due diligence for Fletcher Spaght Ventures. Before FSI, he worked as a strategy consultant in the life sciences practice of Wood Mackenzie and held business development roles at Acusphere, Inc. He holds an MBA from Boston University, an MS in Biotechnology from the University of Pennsylvania, and a BA in Biology from Skidmore College.
Lisa Granick is a Partner at Fletcher Spaght, Inc., where she has worked with healthcare innovators and investors since 1992, focusing on market assessment, product adoption strategies, and investment diligence. Her experience spans cardiac, peripheral vascular, neurosurgical, orthopedics, and women's health sectors, as well as healthcare IT, monitoring/diagnostics, and service companies. She previously worked as a consultant at The Boston Consulting Group and as an engineer at Motorola.
Renard Charity is a Managing Partner at Fletcher Spaght who advises large enterprises, nonprofits, entrepreneurs, and venture and private equity investors on growth opportunities across sectors such as medical devices, manufacturing, supply chains, CROs, health services, and healthcare IT/analytics. He previously worked at The Boston Consulting Group's healthcare practice, at GE where he helped lead the IPO spinout of a $15B business unit as marketing head of its largest division, at Boston Scientific as head of strategy and in divisional marketing and business development roles, and in Morgan Stanley's M&A department. He holds an MBA from Stanford Graduate School of Business and an AB from Princeton University.
Guy Fish, MD, MBA, is the Chief Executive Officer of Codman Square Health Center. He previously served as President and CEO of Greater Lawrence Family Health Center, and his career includes roles as a BCG consultant, a Wall Street sell-side analyst, and a senior executive and advisor at FS Ventures and FSI. Fish holds a BA from Harvard, an MD from Yale School of Medicine, and an MBA from Yale School of Management, completed his internal medicine residency at Case Western, and has served on more than 18 boards, including as Trustee of Beth Israel Deaconess Medical Center.
Peter Low has more than 30 years of experience helping companies and investors identify and evaluate growth opportunities, develop growth plans, and conduct investment due diligence. His work spans healthcare IT/digital health, information security, cloud/XaaS, hardware, communications, and tech-enabled services, as well as contract manufacturing, contract research (CRO), and pharma/MedTech commercialization services. Before joining Fletcher Spaght, he worked in the Chemical Engineering Department at Carnegie Mellon University, where he also earned a BS in Mechanical Engineering.
What they invest in
from 1 of 1 portfolio companiesBiotech ×1Hardware ×1Healthtech ×1Medical Devices ×1
HQs:United Kingdom×1
Investments · 1 tracked
founders shown can be your intro pathHistoSonics develops histotripsy technology, a non-invasive method that uses focused sound energy to destroy targeted tissue, offered as a medical device for physicians and their patients.
BiotechHardwareHealthtechMedical DevicesAnn Arbor, GB
Thomas Davison(Executive Officer, Director)inM. Christine Gibbons(Executive Officer, Director)inWen Chen(Director)Tom Tefft(Director)Michael Blue(Executive Officer, Director)Fred Lee(Director)
Board seatRenard Charity· per SEC Form D · $3M raise · filed Aug 2015
Co-investorsAlpha Wave GlobalAmzak HealthArboretum VenturesClarevia VenturesEarly Stage Partners, LPHealthQuest Capital+8 more
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
Fund performance · per public LP disclosures
as of Jun 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Fletcher Spaght Ventures Fund II, L.P.LPs: New Mexico Educational Retirement Board | 2007 | — | 0.7% | 1.07x | 0.48x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- What stage does Fletcher Spaght, Inc. invest at?
- Fletcher Spaght, Inc. invests at the Late Stage stage.
- What sectors does Fletcher Spaght, Inc. focus on?
- Fletcher Spaght, Inc. focuses on Biotech, Digital Health, Healthtech, Medical Devices.
- Where is Fletcher Spaght, Inc. located?
- Fletcher Spaght, Inc. is headquartered in Boston, US.
Media · Podcasts & interviews
from their channelJohn Fletcher, Managing Partner of Fletcher Spaght, Awarded NACD 2018 Director of the Year
Fletcher Spaght
John Fletcher of Fletcher Spaght accepts the NACD 2018 Director of the Year Award
Fletcher Spaght
Images
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