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Cornell Venture Capitalists

Craig Frances

M.D. '92

General Partner
Summit Partners (Palo Alto, CA)

Biography

Craig D. Frances, M.D., is a principal at Summit Partners Palo Alto office. In this position, he heads the firm's Palo Alto healthcare and life sciences team while also investing in a broad range of growth industries including technology, business services, financial services, industrial products, and consumer products. Most recently, Dr. Frances was Managing Director at StrandVentures, LLC, where he evaluated investment opportunities and consulted for operating companies in the healthcare industry sector, including medical devices, healthcare services, surgery center chains, and pharmaceutical benefit management companies. Previously, Dr. Frances built and ran The .tv Corporation, Inc., a profitable technology company acquired by Verisign, Inc. (NASDAQ: VRSN). The company's success provided Tuvalu, a third-world nation and business partner, with more than the country's GDP and admission to the United Nations. Dr. Frances was a co-founder and vice president of yourPharmacy.com, one of the United States' top three online pharmacies, which was acquired by PlanetRx.com. Dr. Frances was also co-founder of Expert Consensus Guidelines, LLC, a company that surveys national physician experts to create practice guideline algorithms.

Dr. Frances is the creator of The Saint Frances Series, a series of medical books that are used extensively in academic centers across the country. He has numerous publications in leading journals, including the "New England Journal of Medicine", and has been a research collaborator with the commissioner of the FDA and other national health care leaders.

Education

Dr. Frances holds a B.A. from Cornell University and an M.D. from Cornell University Medical College, where he graduated first in his class and received numerous awards. Dr. Frances completed his internal medicine residency at the University of California, San Francisco and was selected and served as Chief Medical Resident, managing the Veterans Affairs Medical Center.