Parag has over 25 years of experience in finance, operations, and venture capital, and is highly experienced in providing comprehensive capital structure solutions to private and public companies in the life sciences industry.

Parag previously served as the Senior Managing Director and Group Head of the Life Sciences practice at Hercules Capital. Over approximately 10 years, Parag and his team committed around $2 billion in capital to venture and growth stage companies in the life sciences industry. Prior to that, Parag was Senior Vice President and Group Head of Imperial Bank’s Life Sciences practice, which was acquired by Comerica Bank. He also served as an Assistant Vice President at BancBoston (acquired by Fleet), where he focused on mergers and acquisitions finance.

Parag currently serves as Chairman of eCare Vault, an early-stage software company that bridges privacy-compliant communications between the education and health sectors. He is also a charter member of TiE, one of the leading entrepreneurial organizations in the country.

Parag is a graduate of MIT where he received an M.S. in Technology, Management, and Policy and B.S. in Molecular Biology, and continues to be involved with the Whitehead Institute at MIT.