A syndicate of physicians, dentists, and other healthcare professionals who want to invest in early and growth stage startups.
Since most professionals are short on time, the TEN Healthcare leadership will source, negotiate, and present ready to fund investment opportunities to those in the syndicate.
There are no physical meetings required to participate in the offerings.
Each member decides if they want to invest and how much.
Only high quality deals are presented to the members of the syndicate for consideration.
TEN Physicians Syndicate
What type of investments do you offer?
- The syndicate focuses on healthcare tech but also considers devices, diagnostics, and therapeutics as well as non-healthcare opportunities.
- The syndicate will offer seed, growth, and expansion stage deals.
- The deals come primarily from Texas but will also consider those from outside the state.
How many deals will the members see?
- Based on feedback from the current members, quality over quantity is desired.
- We plan to show at least one investment per month or twelve in one year. We intend to show more investments when possible.
Where do you source investments?
- The syndicate tracks successful venture capital and angel fundings in healthcare.
- The syndicate provides follow on funding to the startup with the same terms.
How do the members view the deals?
- There are no physical meetings to attend for due diligence, screening, or presentations.
- The investment opportunities will be texted and emailed to the member in the form of an executive summary.
- If interested in investing, a Docusign document will be sent to fill out electronically.
- Additional documents will be stored on the TEN Funding Portal for further due diligence.
How does one invest with TEN Healthcare Syndicate?
We propose a flat rate of investment by each member based on the deal stage as follows:
- $5K for pre-seed, $10K for startup, $20K for growth ($1M+) but the final decision of how much you invest is up to you.
- You can invest as little as $500.
What is the cost to the syndicate member?
- The syndicate member pays an annual fee of $495/year.
What is the cost to the company raising funding?
- There’s no cost to the company to apply.
- For each funded deal, TEN Healthcare Syndicate takes a flat fee of $15K per deal transacted to pay legal and administrative costs.
How do I meet others in the syndicate?
- Members will be invited to an annual Healthcare conference scheduled for May, 2018.
Benefits of the TEN Physician Syndicate
Access to high quality deals
Minimal time required
Use of text updates and
Flat fee investing
Invitation to annual