CitareTx Investment Partners

CitareTx Investment Partners is a venture fund founded in August 2008 by Jeffery Sheldon and E. J. Pederson, both general partners and managing directors. It is based in Houston, Texas, close to the Texas Medical Center and the NASA Johnson Space Center.

Services

• Seed investment: Seed capital invested, often in stages, either as cash or in exchange for services.
• Start-up creation: The team prefers to build a company around a new technology, though it will back existing firms.
• Management involvement: Board seats and executive roles in portfolio companies.
• Development services: Obtaining intellectual property, planning product development, pre-clinical testing, dealing with regulators and verification.

Who it serves

Inventors, entrepreneurs and management teams, mainly in Class II medical devices cleared through the United States Food and Drug Administration 510(k) route. Team experience covers cardiovascular, interventional radiology, cardiac and vascular surgery, critical care and orthopaedics.

Key facts

• Founded: 2008
• Based in: Houston, Texas
• Working model: Portfolio companies share space and resources with the fund