Investment Process and Fees

At Caduceus Fund, we believe that great investment opportunities should be shared among those who understand both risk and reward—especially within a community of physicians and science-driven professionals. The first step to accessing our deals is joining as a Network Partner.

Becoming a Network Partner is free, and it gives you access to our deal flow, investment summaries, webinars, and events. It’s our way of building a trusted community before any capital is committed.

To join, simply complete a short application form. This includes:

A Non-Disclosure Agreement (NDA): This protects confidential company information and allows us to share detailed deal material with you.
An Accredited Investor Questionnaire: Required under U.S. securities laws. (click here to learn more about why this is required)
Network partnership is free to join, there are is investment requirement, or fee.

The Caduceus Network is a physician-led community designed to open doors—connecting doctors with pioneering startups, fellow innovators, and unique investment opportunities that extend beyond the standard investment environment.

Apply to Network Partnership Here

Joining Caduceus is simple and designed with physicians in mind. First, you apply to become a Network Partner. Once approved, you’ll get access to exclusive presentations from startup CEOs who are raising capital — often in the fields of healthcare, biotech, and medical technology. What sets Caduceus apart is that doctors use their own clinical judgment to evaluate these opportunities. If you're interested in a specific deal, you can request the investment details, which will include the minimum amount required to join that investment pool. To participate, you'll need to become a Limited Partner (LP), which involves a one-time $200 fee. After that, you’re free to invest in any future opportunities shared with the Caduceus network.

Fees

At Caduceus, we aim to keep fees simple, transparent, and aligned with long-term value. Each time you choose to invest in a specific opportunity, a one-time 2% maintenance fee is applied to that individual investment. This fee helps cover ongoing administrative, legal, and operational costs associated with managing the investment over its entire lifespan — whether that’s three years or ten. It is charged only once, at the time you commit capital, and there are no recurring annual fees or hidden charges.

In addition to the 2% fee, Caduceus applies a 20% carried interest structure that rewards performance — but only after your original investment is returned and profit is generated. (click here to learn more about carried interest.) This structure ensures that our incentives are fully aligned with yours. Since each deal is evaluated and selected individually, you only pay fees on the opportunities you choose to participate in.