Manufacturing Miracles


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

Founded in 1999, NewSpring partners with the innovators, makers, and operators of high-performing companies in dynamic industries to catalyze new growth and seize compelling opportunities. The Firm manages approximately $1.7 billion across four distinct strategies covering the spectrum from growth equity and control buyouts to mezzanine debt.  Having invested in over 135 companies, NewSpring brings a wealth of knowledge, experience, and resources to take growing companies to the next level and beyond.  Partnering with management teams to help develop their businesses into market leaders, NewSpring identifies opportunities and builds relationships using its network of industry leaders and influencers across a wide array of operational areas and industries.  To learn more, visit

Camden Partners

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.