Radius Ventures

No. Radius Ventures completed its active investment period and wound down operations in 2024, as stated on its website. The firm's final and largest fund, Radius Venture Partner III, LP, achieved top-quartile performance relative to the Cambridge Associates Q3 2024 Venture Capital Index. The co-founders have since moved on to separate vehicles: Jordan Davis formed JSD Capital and Radius Special Situations, while Daniel Lubin formed Upsher Management Company.

Radius targeted venture-stage healthcare companies across diagnostics, medical technology, therapeutics, and health IT. The firm backed more than 40 companies over 27 years, with realized exits including Conor Medsystems (IPO, then acquired by Johnson & Johnson), U-Systems (acquired by GE Healthcare), Tactile Medical (IPO), BioStorage Technologies (acquired by Brooks Automation), and Health Language (acquired by Wolters Kluwer Health).

Co-founders Jordan S. Davis and Daniel C. Lubin served as Managing Partners from the firm's 1997 launch through its 2024 wind-down, leading all investment decisions. They were supported by a group of Venture Partners that included former Pfizer R&D President George Milne, PhD; former Cleveland Clinic CEO Floyd Loop, MD (deceased); former Maine Medical Center President Vincent Conti; and former Capital BlueCross CEO James Mead.

Radius Ventures did not publicly disclose the size of Radius Venture Partner III, LP. The firm stated on its website that the fund achieved top-quartile performance, citing Cambridge Associates' Q3 2024 Venture Capital Index and Benchmark Statistics, but no dollar figure for commitments or net asset value is available in the public record.

Radius Ventures was structured as an independent private equity and venture capital partnership, not a family office or the investment arm of a corporation. The firm's capital came from external limited partners across its fund vehicles. The personal wealth of its co-founders, Jordan Davis and Daniel Lubin, derives principally from carried interest and management fees earned over the firm's 27-year history.

Following Radius' 2024 wind-down, co-founder Jordan Davis established JSD Capital and Radius Special Situations to pursue healthcare structured-equity and credit opportunities, while co-founder Daniel Lubin launched Upsher Management Company. These are successor entities operating independently, not affiliates of the original Radius Ventures partnership, which is no longer making new investments.