About Special Situations Fund
Special Situations Fund is a venture capital firm founded in 1997. It is primarily based out of New York City, United States. As of Jun 2024, Special Situations Fund has invested in 3 companies. It primarily invests in Post IPO round in United States based startups. Its investments are spread across Enterprise Applications and Life Sciences sectors. Most recently it participated in the $***** Series D round of TMRW Overall, Special Situations Fund portfolio has seen 1 IPO and 1 acquisition, namely ESSA Pharma and IZEA. A lot of funds co-invest with Special Situations Fund, with names like Omega Funds sharing a substantial percentage of its portfolio. Special Situations Fund has team of 1 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Post IPO, Series A & 1 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Soonicorns
Special Situations Fund's List of All Investments
Special Situations Fund has a portfolio of 3 companies. Their most notable investmentis in ESSA PharmaTheir portfolio spans across United States and Canada. They have invested in Enterprise Applications, Life Sciences, across Post IPO, Series A and 1 more. Here is the list of all investments by Special Situations Fund:1. ESSA Pharma
Developer of small molecule drugs for the treatment of cancer. The company is developing drugs that selectively block the N-terminal domain of the androgen receptor (AR), which has been indicated in the growth and survival of most prostate cancer. The product pipeline includes EPI-7386 for metastatic Castration-resistant Prostate cancer (CRPC). and it is also developing drugs for breasts cancer.
Key facts about ESSA Pharma
- Founded Year: 2009
- Location: Vancouver (Canada)
- Stage: Acquired
- Total Funding till date: $16.4M
- Employee Count: 15 as on May 31, 2026
- Investors: BVF Partners, Deerfield and 9 Others
- Latest Funding Round: Post IPO, Jan 12, 2021, $*****
- Highlight: Acquired
2. IZEA
Cloud based platform offering influencer marketing software. The product offered by the company is an influencer marketing platform and a discovery tool that enable members to identify influencers, create an influencer marketing campaign, and amplify the content. It offers features such as campaign management, performance analysis, optimization, and more.
Key facts about IZEA
- Founded Year: 2006
- Location: Winter Park (United States)
- Annual Revenue: $10M - $50M as on Dec 31, 2017
- Stage: Public
- Total Funding till date: $13M
- Employee Count: 267 as on May 31, 2026
- Investors: Village Ventures, Special Situations Fund and 3 Others
- Latest Funding Round: Post IPO, Feb 28, 2014, $*****
- Highlight: Public
3. TMRW
Provider of an automated platform for patients and clinics to manage frozen eggs and embryos. It provides an automated robotic platform to store eggs and embryos and enables patients and clinics to be tracked and managed remotely.
Key facts about TMRW
- Founded Year: 2014
- Location: New York City (United States)
- Stage: Series D
- Total Funding till date: $202M
- Employee Count: 66 as on May 31, 2026
- Investors: Google Ventures, Trinity Capital and 16 Others
- Latest Funding Round: Series D, Jun 28, 2024, $*****
- Highlight: Editors' Pick
Special Situations Fund's Year-on-Year Investment Trends
Special Situations Fund has invested in 3 companies over the last 12 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in TMRW.Special Situations Fund's Investments by Stage
Special Situations Fund has made 1 investment in Post IPO stage with an average round size of $12M, 1 investment in Series A stage with an average round size of $12M and 1 investment in Series D stage with an average round size of $28.2M.Stage of entry | No. of Investments |
|---|---|
Post IPO | 1 |
Series A | 1 |
Series D | 1 |
Note: We have considered here, only first round of investments
Special Situations Fund's Investments by Sector
Special Situations Fund has a diverse portfolio, with companies operating in the Life Sciences, Enterprise Applications and Sustainability Tech. Notably, it has invested in 3 Enterprise (B2B) companies, 3 Tech companies, 1 Consumer (B2C) company and at least 1 company focusing on Saas.Sector | No. of Investments |
|---|---|
Life Sciences | 2 |
Enterprise Applications | 1 |
Sustainability Tech | 1 |
Note: We have considered here, only first round of investments
Special Situations Fund's Investments by Geography
Special Situations Fund has made most investments in United States (2), followed by Canada where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 2 |
Canada | 1 |
Note: We have considered here, only first round of investments
Special Situations Fund's recent investments
Special Situations Fund has not made any investment in 2026 so far.Here are the most recent investments by Special Situations Fund:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 28, 2024 | United States | Series D | 1852 | [+6] | |
Jan 19, 2015 | Canada | Series A | 4355 | [+1] | |
Feb 28, 2014 | United States | Post IPO | 2697 | - |
IPOs and Publicly Listed companies in Special Situations Fund's Portfolio
1 of Special Situations Fund's portfolio company became public - IZEA. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jun 2011.Here are Special Situations Fund's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 14, 2011 | Feb 28, 2014 | Post IPO | 7103 |
Acquired companies in Special Situations Fund's Portfolio
1 company from Special Situations Fund's portfolio has been acquired. The most recent acquisition was ESSA Pharma in Jul 2025 by Alexis Bio for $*****.Here are Special Situations Fund's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 14, 2025 | Jan 19, 2015 | Series A | 9677 |
Team profile of Special Situations Fund
Special Situations Fund has a team of 1 member located in United States. Special Situations Fund's team does not sit on the board of any company as of now.Co-investors of Special Situations Fund
Over the past 12 years, 22 investors have co-invested in Special Situations Fund's portfolio companies. This includes funds and angels.
- Invested before Special Situations Fund: DFJ, Inflexion Partners and 13 others have invested in rounds before Special Situations Fund. There is 1 company where DFJ has invested before Special Situations Fund and 1 company where Inflexion Partners has invested before Special Situations Fund.
- Top Co-investors of Special Situations Fund: 4 investors entered a company along with Special Situations Fund. These include investors like Omega Funds (1 company).
- Invested after Special Situations Fund: A total of 3 investors have invested in Special Situations Fund's portfolio after their investments. Top Investors include Blackstone (1 company), CPRIT (1 company) and Pfizer (1 company).
Recent News related to Special Situations Fund
•
Oova Raises $10.3M in Series A Funding for Its Fertility Tracking SolutionFemtech Insider•Jun 12, 2023•Oova, Spero Ventures, Virgin, US Fertility and 3 others
•
