Frank Bonsal Jr. Overview

  • Primary Position
  • Manager

  • Primary Industry
  • Information Technology

  • Med. Deal Size

  • Med. Valuation

Frank Bonsal Jr. General Information

Biography

Mr. Frank is a Co-Founding Member and serves as a Member of the Investment Committee at Red Abbey Venture Partners. He also served as a Board Member at Pisces Partners. He co-founded and served as Managing Partner at the Education Capital Group. He also served as an Advisor at NETCIRQ. He is the Founder of Bonsal Capital. He also served as Manager at Red Abbey Capital Partners. He also serves as the Director of Entrepreneurship at Towson University Foundation. He is also a Co-Founder & serves as the Managing Partner at the Education Capital Group. He was also a founding partner of New Enterprise Associates (NEA), one of the country's largest venture capital firms. During his tenure at NEA, He served on the Board of Directors of several life sciences companies, including Aspect Medical Systems, Inc. (NASDAQ: ASPM), Biopure Corporation (NASDAQ: BPUR), Cantab Pharmaceuticals PLC (acquired by Xenova Group PLC), GeneScreen, Inc. (acquired by Orchid Biosciences, Inc.), IBAH, Inc. (acquired by Omnicare, Inc.), Molecular Tool, Inc. (acquired by Orchid Biosciences, Inc.), Synaptic Pharmaceuticals Corporation (acquired by H. Lundbeck A/S), and Vertex Pharmaceuticals, Inc. (NASDAQ: VRTX). Additionally, He played an active role in several NEA's life sciences investments, including Alkermes, Inc. (NASDAQ: ALKS), Anadys Pharmaceuticals, Inc., Bethesda Research Laboratories, Inc. (acquired by Life Technologies, Inc.), Dura Pharmaceuticals, Inc. (acquired by Elan Corporation), GelTex Pharmaceuticals, Inc. (acquired by Genzyme General), Genetic Therapy, Inc. (acquired by Sandoz), Pyxis Corporation (acquired by Cardinal Health, Inc.) and Sepracor, Inc. (NASDAQ: SEPR). He has been a key investor and advisor in several venture capital firms during his career, including Amadeus Capital Partners, Boulder Ventures, Sterling Venture Partners, Trellis Ventures, Venturehouse, and Windward Ventures. He also served as an Advisor at Fairfax Partners and actively provided capital for each of the firm's investments. He is a member of the Board of Trustees of the Johns Hopkins Hospital and a member of the Johns Hopkins Hospital Endowment Board. Also, He serves on the Board of Directors of a technology company, Ceratech, as well as an investment advisory firm, Brown Investment Advisory, and Trust Co. Before co-founding NEA in 1978, He was a General Partner of Alex. Brown & Sons, Inc. He received a BA in Economics from Princeton University in 1959. He also served as an Advisor at Novak Biddle Venture Partners. He also served as an Advisor at Emerging Technology Partners.

Contact Information

Primary Position
Education
Princeton University, BA (Bachelor of Arts)
Gender
Male
Total Investments
Exits
Phone
+1 (410)
Address
  • 10751 Falls Road
  • Suite 300
  • Lutherville Timonium, MD 21093
  • United States
+1 (410)

Frank Bonsal Jr. Positions (2)

Firm name Firm type Title Location Industry Since
Red Abbey Capital Partners Investor Manager Lutherville Timonium, MD PE/Buyout
Red Abbey Venture Partners Investor Founding Member & Member of Investment Committee Lutherville-Timonium, MD Venture Capital

Frank Bonsal Jr. Lead Partner on Deals (8)

Frank Bonsal Jr. has been the lead partner on 8 deals. Their latest deal was with VirtaMove, a business/productivity software company. The deal was made for on 05-Mar-2014.

Company Deal Date Deal Type Deal Size Deal Status Industry Location
VirtaMove 05-Mar-2014 Later Stage VC Completed Business/Productivity Software Kanata, Canada
Citelighter 06-Feb-2014 Completed Educational Software Baltimore, MD
Traitify 13-Aug-2013 Completed Business/Productivity Software Baltimore, MD
Riskclick 23-May-2005 Completed Financial Software New York, NY
Seneca Networks 23-Jan-2001 Completed Connectivity Products Rockville, MD
Seneca Networks 01-Jan-2001 Completed Connectivity Products Rockville, MD
MedSpecialists 11-Aug-2000 Early Stage VC (Series A) Completed Other Healthcare Services Charlottesville, VA
Engenia Software 24-Jul-2000 Early Stage VC Completed Database Software Reston, VA

Frank Bonsal Jr. Network (70)

Portfolio Executives (47)

Name Company Role Deal date Location
Greg O'Connor VirtaMove Chief Executive Officer, President & Board Member 05-Mar-2014 Kanata, Canada
Randy Taylor VirtaMove Corporate Secretary, Counsel & Board Member 05-Mar-2014 Kanata, Canada
VirtaMove Director of Microsoft Alliance 05-Mar-2014 Kanata, Canada
VirtaMove Director, Field Engineering 05-Mar-2014 Kanata, Canada
VirtaMove Chief Technology Officer 05-Mar-2014 Kanata, Canada

Fund Team Members (23)

Name Investor Fund Fund Location
Thomas McConnell New Enterprise Associates New Enterprise Associates VIII Menlo Park, CA
Thomas McConnell New Enterprise Associates NEA Presidents Fund Menlo Park, CA
New Enterprise Associates Menlo Park, CA
New Enterprise Associates Menlo Park, CA
New Enterprise Associates Menlo Park, CA

Frank Bonsal Jr. Affiliated Funds (2)

Fund Investor Fund Type Status Vintage Size Dry Powder IRR IRR Quartile
New Enterprise Associates VIII New Enterprise Associates Venture - General Fully Invested 1998
NEA Presidents Fund New Enterprise Associates Venture - General Fully Invested 1996

Frank Bonsal Jr. FAQs

  • Who is Frank Bonsal Jr.?

    Mr. Frank is a Co-Founding Member and serves as a Member of the Investment Committee at Red Abbey Venture Partners.

  • How much does Frank Bonsal Jr. typically invest?

    Frank Bonsal Jr.'s median deal size is .

  • What is Frank Bonsal Jr.’s main position?

    Frank Bonsal Jr.’s primary position is Manager.

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