Founded in 1999, the firm has a total capital under management of over $500 million and is currently investing Palomar III, a $225 million fund. They typically invest $2 million to $5 million in capital and prefer to act as a lead or co-lead investor early in the process of value formation. Palomar Ventures partners closely with their portfolio companies to assist them in achieving their objectives, utilizing their experience in building value rapidly by focusing on a small number of key milestones. They are committed to responding rapidly to new ideas and business plans, and to forming partnerships with the goal of creating sustainable companies for the long term.