PD

Parth Desai

Partner, Healthcare Venture Capital at Flare Capital Partners

Boston, Massachusetts

Invests in

  • Min Investment:

    $1,000,000.00
  • Max Investment:

    $10,000,000.00
  • Target Investment:

    $5,000,000.00

Work Experience

  • Partner

    2024

    Lead Investor and/or Support for: +SmarterDx (Board Member) - AI to optimize the financial value of clinical data +Photon Health (Board Observer) - AI to power high-value patient & provider pharmacy experiences +Positive Development (Board Observer) - Technology enabled autism care provider +Suki AI - AI-powered digital assistant for physicians +Birch AI (Acquired by Sagility | Board Observer) - Generative AI to automate call center workflows +Jaide Health - Generative AI to automate real-time medical language translation +BeMe Health (Board Observer) - Mobile platform improving teen mental health & well-being +Aetion - Real-world evidence analytics platform to biopharma, payers and regulators +HealthVerity - Data marketplace to connect & exchange real world data +Beaming Health - Marketplace connecting families of children with IDDs to the best care +Rosarium Health - Marketplace connecting service providers to home care +Helm Health - Data and technology driven plan design

  • Principal

    2020 - 2024

  • Senior Associate

    2019 - 2020

  • Investor, NYP Ventures

    2018 - 2019

    Investor: Saykara (Acquired by Microsoft | Seed Investor), Syllable AI (Series A Investor) and Workfusion (Series D Investor). Identified innovation priorities and built collaborative relationships with emerging businesses, leveraging internal expertise to support the development and growth of breakthrough technologies to improve the patient and physician experiences of care. Supported $40M strategic fund, led the investment process for several emerging technologies (RPA, ML, NLP), to improve healthcare operations, and supported structuring and scaling commercial partnerships with these companies. Promoted from Senior Associate (2018) to Manager (2019).

2013 - 2017

  • Senior Consultant

    2013 - 2017

    SENIOR CONSULTANT (2016) Led teams advising corporate executives on growth strategy, strategic M&A and innovation within the health care industry. CONSULTANT (2013 to 2015) Developed corporate strategies, supported M&A due diligence analyses and developed performance improvement plans for health industry executives, private equity firms and state governments. Elected, based on performance, to internal leadership position as the firm's National Direct Hire Consultant (DHC) Co-Chair and tasked with managing a council of high-performing peers to enhance the consulting practice's performance.

  • Research Analyst, Committee on Public Health

    2011 - 2013

    Led nationally-recognized legislative effort to reform oversight of the pharmaceutical industry for Chairman Jeff Sanchez, in response to a national outbreak of fungal meningitis. Worked with local and national stakeholders to author legislation that was eventually signed into law by Governor Deval Patrick as Chapter 159 of the Acts of 2014. Appointed to the NCSL Health and Human Services Committee.