Fundraising Fox

Pharos Capital Group

Growth equity

Dallas · Growth–Late Stage · 18 people tracked

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Investment thesis

Pharos identifies compelling healthcare investment opportunities in underserved markets where demand for care significantly outpaces supply—including rural areas, urban centers, tribal nations, and Medicaid/Medicare-dependent populations. These markets are often inefficient and undercapitalized, presenting attractive entry points for disciplined capital paired with healthcare expertise. The firm believes sustainable value in healthcare is created by improving patient health outcomes and expanding access. Companies that operate efficiently in these environments can scale rapidly, build defensible positions, and generate durable returns while reducing healthcare disparities. Pharos targets established U.S.-based companies with professional management, minimum $10M revenue, $2M+ EBITDA, and 20%+ growth targets, focusing on chronic disease management, behavioral health, diagnostic innovation, and community-based care models.

Source: firm website, verified Aug 18, 2026.

Stage
Growth–Late Stage
Check
$25M – $50M
HQ
Dallas, US
Leads rounds
Leads
Instruments
Equity
Founded
2013
AUM
$629.6M
Tracked investments
1

Team · 18 people

from the firm's website & public directories
Marc A. Nivet· Senior Advisor
Roderic Ivan Pettigrew· Senior Advisor

What they invest in

from 1 of 1 portfolio companies

Digital Health ×1Healthtech ×1Mental Health ×1

HQs:United States×1

Investments · 1 tracked

founders shown can be your intro path
Faspsychfaspsych.comin𝕏

FasPsych is a telepsychiatry network that connects organizations with licensed psychiatry professionals to deliver virtual behavioral health care through a HIPAA-compliant video platform.

Digital HealthHealthtechMental Health

Fund performance · per public LP disclosures · 8

as of Jun 2025
FundVintageCommittedNet IRRTVPIDPI
Pharos IIILPs: Chicago Teachers' Pension Fund20138.7%1.65x1.20x
Pharos Capital Partners III, LPLPs: Dallas Police & Fire Pension System2012-20.0%0.70x0.71x
Pharos Capital Co-Investments, LPLPs: Dallas Police & Fire Pension System20088.4%1.69x1.69x
Pharos Capital Co-Investment, LLCLPs: Dallas Police & Fire Pension System20078.4%1.70x1.69x
Pharos Capital Partners IIA, L.P.LPs: Dallas Police & Fire Pension System2005-2.4%0.90x0.88x
Pharos Capital Partners IIA, L.P.4LPs: Dallas Police & Fire Pension System2005-2.3%0.89x0.89x
Pharos II-ALPs: Chicago Teachers' Pension Fund20052.5%1.27x0.64x
Pharos Capital Partners II-ALPs: Los Angeles City Employees' Retirement System20042.2%1.23x0.64x

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 Pharos Capital Group invest at?
Pharos Capital Group invests at the Growth, Late Stage stages.
What is Pharos Capital Group's typical check size?
Pharos Capital Group typically writes checks of $25M – $50M.
What sectors does Pharos Capital Group focus on?
Pharos Capital Group focuses on Digital Health, Healthtech, Impact & Social Good.
Where is Pharos Capital Group located?
Pharos Capital Group is headquartered in Dallas, US.
Does Pharos Capital Group lead rounds?
Yes, Pharos Capital Group leads investment rounds.

Images

Pharos Capital Group photoPharos Capital Group photoPharos Capital Group photoPharos Capital Group photoPharos Capital Group photoPharos Capital Group photo

Co-investors · 18

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Lightspeed Venture Partners

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$1.7M – $87M
Redpoint Ventures

Redpoint Ventures is a venture capital firm established in 1999 by former partners from leading venture firms, focusing on early-stage technology companies across multiple sectors. The firm leverages its partners' technology investment experience and an extensive network of entrepreneurs and industry contacts to support portfolio company growth.

$100K – $10M
Notable Capital

Notable Capital is a venture capital firm that has partnered with founders for over two decades, backing companies from the earliest stages through to exit.

$5M – $50M
Sound Ventures

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Todd and Rahul’s Angel Fund

Todd and Rahul's Angel Fund is an early-stage investment vehicle run by founders Todd Goldberg and Rahul Vohra, who write $300k-$500k checks into early-stage startups and help with product/market fit, go-to-market, and future fundraising.

$300K – $500K
Not Boring Capital

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$100K – $2M
Pantera Capital

Pantera Capital is a blockchain and cryptocurrency-focused investment firm that pioneered early crypto funds in the U.S., offering exposure through venture equity, early-stage tokens, and liquid tokens.

$5M – $100M
Awesome People Ventures

Awesome People Ventures operates as a decentralized VC fund using a network of deal partners and contributors to source and vet investments, while giving carry to core contributors beyond just the GP to mirror web3's community ownership ethos. The fund focuses on investing in awesome people building awesome things in web3 with a world-positive mandate, and is backed by iconic crypto investors including Chris Dixon, Marc Andreessen/a16z, and Multicoin.

$50K – $250K
Haun Ventures

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$1M – $100M
Capital Factory

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Scalar Capital

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$100K – $5M
6 more co-investors

Samsung NextAmbush CapitalThe Alchemy FundAlchemy VenturesTimespan VenturesForm Capital

Firms observed investing alongside Pharos Capital Group, from public investor directories. Shared companies are the overlap with Pharos Capital Group's recorded portfolio.

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