Third Rock Ventures Close Third Fund at $516M

Third Rock Ventures, LLC, a Boston, MA-based venture capital firm focused on backing healthcare companies, held the final close of Fund III, at $516m.

Fund III will continue to launch and build up to 16 healthcare companies, with a particular focus on innovative product engines.

The fund is led by Robert Tepper, Kevin Starr and Mark Levin and other 40 people including newly added Mark A. Goldsmith, M.D., Ph.D., who bring a wide range of skills in science, business, strategy and medicine.
Founded in 2007, the firm has invested in about 30 companies.



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