The Venture Codex Logo

The Venture Codex

MBX Capital

230 Park Ave., New York, NY, 10169, United States

Overview

Venture capital investing in early-stage healthcare and life sciences.

Founded

2015

Deals · 12mo

2

Links

WebsiteLinkedIn

Stage focus

Seed
Series A
Series B

Geographic focus

Canada
United Kingdom
United States

Sector focus

—

Investment portfolio

18rounds
NAMEDATESIZE
Keebler Health
Apr 2026Participated
$16 MSeries A
Think Bioscience
Jan 2026Participated
$55 MSeries A
Vivodyne
May 2025Participated
$40 MSeries A
Persist AI
May 2025Participated
$12 MSeries A
Keebler Health
Feb 2025Participated
$6 MSeed
Tidal Vision
Feb 2025Participated
$140 MSeries B
Vivodyne
Nov 2023Participated
$38 MSeed
Forum
Nov 2023Participated
$5 MSeed
Macro Trials
Jul 2023Led
$6 MSeed
Thesis
May 2023Participated
$8 MSeries A
Freedom Biosciences
Aug 2022Led
$11 MSeed
Arine
Aug 2022Participated
$29 MSeries B
Keebler Health
Apr 2026Participated
$16 MSeries A
Think Bioscience
Jan 2026Participated
$55 MSeries A
Vivodyne
May 2025Participated
$40 MSeries A
Persist AI
May 2025Participated
$12 MSeries A
Keebler Health
Feb 2025Participated
$6 MSeed
Tidal Vision
Feb 2025Participated
$140 MSeries B
Vivodyne
Nov 2023Participated
$38 MSeed
Forum
Nov 2023Participated
$5 MSeed
Macro Trials
Jul 2023Led
$6 MSeed
Thesis
May 2023Participated
$8 MSeries A
Freedom Biosciences
Aug 2022Led
$11 MSeed
Arine
Aug 2022Participated
$29 MSeries B
18
Items
...
Browse all public portfolio deals

Insights

Time horizon

View by

Deal Distribution

MBX Capital: 18 funding rounds are recorded in the selected participation categories.All available history.
MBX Capital: 18 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed24
Series A18
Series B03

Monthly Deal Activity

MBX Capital: 18 deals are recorded across 74 months.All available history.
MBX Capital: 18 deals are recorded across 74 months. All available history
MonthDeals
Sep '201
Oct '200
Nov '200
Dec '200
Jan '210
Feb '211
Mar '210
Apr '210
May '210
Jun '210
Jul '210
Aug '210
Sep '211
Oct '211
Nov '210
Dec '210
Jan '221
Feb '220
Mar '220
Apr '221
May '220
Jun '220
Jul '220
Aug '222
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '231
Jun '230
Jul '231
Aug '230
Sep '230
Oct '230
Nov '232
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '252
Mar '250
Apr '250
May '252
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '261
Feb '260
Mar '260
Apr '261
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

MBX Capital: Health & Life Sciences is the largest displayed sector by deal count (17 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

MBX Capital: Health & Life Sciences is the largest displayed sector by deal count (17 deals). All available history
SectorDeals
Health & Life Sciences17
AI & Machine Learning4
Enterprise Software3
Consumer & Lifestyle3
Manufacturing1
Food & Agriculture1
Data, Analytics & IT1
Social & Community Platforms1

Deal Size Distribution

MBX Capital: 18 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

MBX Capital: 18 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M1
$5M-$10M6
$10M-$25M5
$25M-$50M4
$50M-$100M1
$100M-$250M1
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

MBX Capital: United States has the largest recorded deal count among the displayed regions (16 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

MBX Capital: United States has the largest recorded deal count among the displayed regions (16 deals). All available history
RegionDeals
United States16
Canada1
Europe1
MBX Capital: 20 co-investors are shown, with Bison Ventures sharing 2 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

MBX Capital: 20 co-investors are shown, with Bison Ventures sharing 2 recorded deals. All available history
Co-investorShared deals
Bison Ventures2
CS Ventures2
Everywhere Ventures2
Freestyle Capital2
Hustle Fund2
Kairos Ventures2
Khosla Ventures2
New Stack Ventures2
Rhia Ventures2
Triangle Tweener Fund2
Underdog Labs2
Village Global2
111 West Capital1
2048 Ventures1
ALIVE Israel HealthTech Fund1
Asymmetry Ventures1
AV8 Ventures1
Avestria Ventures1
Aviano Ventures1
AXA Venture Partners1

Investment Strategy

MBX Capital: Led accounts for 17% and participating for 83% of round participation.All available history.
MBX Capital: Led accounts for 17% and participating for 83% of round participation. All available history
CategoryDeals (count)Share (%)
Led317%
Participating1583%
MBX Capital: Single-lead accounts for 100% and co-led for 0% of lead dynamics.All available history.
MBX Capital: Single-lead accounts for 100% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead3100%
Co-led00%

Team

Elizabeth Burstein

Venture Partner

Gurdane Bhutani

Co-founder & Managing Partner

Martin Gargaros

Director

Puneet Sapra

Venture Partner

Zeshan Muhammedi

Co-founder & Managing Partner