In October 2014, Paragon closed a Series A Preferred Stock financing led by NewSpring Capital and Camden Partners. We are pleased that these outstanding investor teams are excited about the business prospects for Paragon. In turn, we are excited to have them share in our commitment to our partners and our passion for the science.
NewSpring Capital, headquartered in Radnor, PA, invests in dynamic companies, partnering with management teams to accelerate growth and develop their businesses into market leaders. NewSpring Healthcare is a healthcare focused growth equity fund that partners with management teams to accelerate the growth of differentiated healthcare companies across the healthcare services, specialty pharmaceutical and medical technology sectors, delivering capital for growth, recapitalizations and mergers and acquisitions. Learn more.
Camden Partners, located in Baltimore, MD, operates private equity funds that provide growth capital to emerging companies. Founded in 1995 and led by Greater Baltimore Committee chairman David Warnock, the firm focuses on seed and growth stage investments in technology, business services, education and healthcare companies. Learn more.