About Second Generation
Second Generation is a family office founded in 2008. It is primarily based out of Cleveland, United States. As of Oct 2026, Second Generation has invested in 1 company. It primarily invests in Series A round in United States based companies. Its investments are spread across Healthcare. Its latest investment was a $3M Series A round in Cleveland HeartLab on Mar 02, 2010, which also saw participation from Zapis Capital and Glengary.
Overall, Second Generation portfolio has seen 1 acquisition, namely Cleveland HeartLab. A lot of funds co-invest with Second Generation, with names like Zapis Capital sharing a substantial percentage of its portfolio.
Second Generation has a team of 3 people including 2 partners.
Key Metrics
Founded Year
2008
Location
Cleveland, United States
Portfolio Companies
Sectors of Investment
Stages of Investment
Series A
Locations of Investment
Second Generation's Investments by Stage
Second Generation has made 1 investment in Series A stage with an average round size of $3M.Second Generation's Investments by Sector
Second Generation has a portfolio focused on Healthcare. Notably, it has invested in 1 Enterprise (B2B) company and 1 Software company.Second Generation's Investments by Geography
Second Generation has made most investments in United States (1).Second Generation's recent investments
Second Generation has not made any investment in 2026 so far.Here are the most recent investments by Second Generation:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 02, 2010 | United States | Series A | 4627 | [+1] |
Acquired companies in Second Generation's Portfolio
1 company from Second Generation's portfolio has been acquired. The most recent acquisition was Cleveland HeartLab in Oct 2017 by Quest Diagnostics for $*****.Here are Second Generation's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 19, 2017 | Mar 02, 2010 | Series A | 4966 |
Team profile of Second Generation
Second Generation has a team of 3 members including 2 Partners and 1 Principal located in United States. Second Generation's team does not sit on the board of any company as of now.Here is a list of all team members in Second Generation:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Cleveland | - | ||
Partner | Cleveland | - | - | |
Principal | Cuyahoga Falls | - |
Co-investors of Second Generation
Over the past 16 years, 5 investors have co-invested in Second Generation's portfolio companies. This includes only funds.
- Top Co-investors of Second Generation: 2 investors entered a company along with Second Generation. These include investors like Zapis Capital (1 company).
- Invested after Second Generation: A total of 3 investors have invested in Second Generation's portfolio after their investments. Top Investors include Excel Venture Management (1 company) and Healthcare Ventures (1 company).
Recent News related to Second Generation
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Cleveland HeartLab completes $3M funding to expand, develop more inflammation tests - MedCity NewsMedCity News•Mar 02, 2010•Cleveland HeartLab, Second Generation, Zapis Capital, Glengary
