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Part
01
Investment Funds (Part 1)
TenOneTen Ventures, Wave Capital, Science, Okta Ventures, Core Innovation Capital, FINTOP Capital, Compound, Lateral Capital, Chicago Ventures, and Origin Ventures are the ten US-based investment funds that satisfy the required criteria.
1. TenOneTen Ventures
- TenOneTen Ventures is a Los Angeles-based venture capital firm that invests in technology start-ups in seed and early stage venture rounds.
- The company has raised $68 million across two funds. Their latest fund, TenOneTen Ventures II, was announced on July 24, 2017. The size of this fund is $50 million.
- The company had made a total of 68 investments to date. Filtering the company's investments on Crunchbase indicates that 43 of these investments were between $1 million and $5 million.
2. Wave Capital
- Wave Capital is a San Francisco-based venture capital firm that invests in early stage ventures and specializes in marketplaces.
- The company has a single venture fund, Wave I, which was announced on June 6, 2018. The size of this fund is $55 million.
- Wave Capital has made only one investment. The company invested in the $3.8 million worth venture round of Basis.
3. Science
- Science is a venture capital firm based in the Greater Los Angeles area. The firm funds disruptive tech-based companies at the seed and early stage venture stages.
- The firm has raised $93.2 million across four funds. The size of the firm's Science Ventures Fund II, L.P. fund was $75 million.
- The firm has made 41 investments. Out of these, 20 investments were between $1 million and $5 million.
4. Okta Ventures
- Okta Ventures is a corporate venture capital firm based in San Jose, California. It invests in cutting edge technologies related to security, privacy, and identity.
- The firm's fund (Fund I) size is $50 million.
- Its typical investments are between $4.9-$5 million.
5. Core Innovation Capital
- Core Innovation Capital is a San Francisco-based venture capital firm that invests in companies that design time-saving and efficient financial products.
- The size of the company's latest fund, Core Innovation Capital III, is $100 million.
- The company has made a total of 38 investments out of which, 12 were between $1 million and $5 million.
6. FINTOP Capital
- FINTOP Capital is a Nashville-based venture capital firm that invests in "B2B service-enabled SaaS and software companies" in the FinTech industry.
- The size of the company's FTP1 fintech fund was $50 million.
- The company's investments are typically between $1 million and $5 million.
7. Compound
- Compound is a venture capital firm based in NYC that focuses on cutting-edge technology.
- The size of the company's latest fund, Compound MV III., is $50 million.
- The company has made 163 investments, 96 of which were between $1 million and $5 million.
8. Lateral Capital
- Lateral Capital is a New York-based venture capital firm.
- It has raised $100 million across two funds. The size of its latest fund, Lateral Africa Opportunities Fund, is $50 million.
- The company has made a total of 11 investments, most of which were between $1 million and $5 million.
9. Chicago Ventures
- Chicago Ventures is a Chicago-based venture capital fund.
- The company has raised $181 million across three funds. The size of their latest fund, Chicago Ventures Fund III, is $75 million.
- The company has made 126 investments, 66 of these were between $1 million and $5 million.
10. Origin Ventures
- Origin Ventures is a Chicago-based venture capital fund.
- The company has raised $136.2 million across four funds. The size of their latest fund, Origin Ventures IV, is $80.5 million.
- Out of their 66 investments, 31 were between $1 million and $5 million.
Research Strategy
To find the US-based investment funds meeting the required criteria, we first ran a press scan to find any precompiled lists of investment funds in the US. We reviewed several media, startup, financial, and investment resources including Inc.com, Forbes, BusinessInsider, and TechCrunch, among others. However, no such precompiled lists of investment funds were available. We then looked into company databases such as AngelList and Crunchbase for this information. We used a two-pronged approach and first looked for lists of financial companies in the US and then individually reviewed the investors that have invested in these companies. We were able to locate some funds using this method, however, this approach proved in-efficient as a majority of these companies were some of the largest or most popular companies which have received huge investments from large funds. We then looked for venture capital and other investment firms in the "Financial Services", "Fintech" and "Finance" categories and reviewed their Crunchbase profiles to pick the companies that meet the fund size and typical investment size criteria. Using these approaches, we were able to find the requested US-based investment funds.