Potential Investors

Part
01
of five
Part
01

Potential Investors, Part 1

Some limited partners, private equity firms, or wealthy individuals / Angel investors that have invested in micro VCs and have an interest in science and / or tech companies are NSV Wolf Capital, BluePointe Ventures and Chris Douvos. Additional details are made available in this spreadsheet.

NSV WOLF CAPITAL

BLUEPOINTE VENTURES

  • BluePointe Ventures is a fund and limited partner based in San Mateo.
  • They provide access to Micro VC Fund-Of-Funds that invests in seed/early-stage companies. They are also a Limited Partner in nine funds that are vertically focused in areas of AI, VR/AR Smart Devices, Cloud, or in Data-Driven analytics.
  • BluePointe Ventures have previously invested between $1.1 million — $80 million in different startups.

CHRIS DOUVOS

  • Chris Douvos is a managing partner based in Palo Alto.
  • Mr. Douvos was a managing partner at Venture Investment Associates (VIA) up until December 2018 and has founded his own firm, Ahoy Capital in 2019. He remains a partner of VIA and still manages some of their funds.
  • VIA is a private equity funds manager that focuses on capital efficient IT start-ups. They have been investing in micro VCs since 2004 and invested $20 million in them in 2012.
  • His new company, Ahoy capital closed $31.8 million in November 2018. They have invested undisclosed amounts in First Round Capital and True Ventures. They have also funded a material science VC/ partner and are focused on upcoming disruptive technologies.

RESEARCH STRATEGY

We could not find the amount invested in micro VCs for all limited partners, private equity firms, or wealthy individuals / Angel investors. We are forced to concur with OpenLP 2.0's assessment that the role of limited partners is conventionally private and specifically opaque. This might be due to deliberate efforts to avoid legal issues.
Part
02
of five
Part
02

Potential Investors, Part 2

Some limited partners, private equity firms, or wealthy individuals / Angel investors that have invested in micro VCs and have an interest in science and / or tech companies are Greenspring Associates, Top Tier Capital Partners and Cendana Capital. Additional details are made available in this spreadsheet.

GREENSPRING ASSOCIATES

  • Greenspring Associates is a Palo Alto based venture capital firm that invests in emerging venture capital fund managers and secondary positions in venture capital funds. They focus on information technology, healthcare, communications and energy verticals.
  • They launched a fund-of-funds focused on micro VCs around early 2016.
  • Additionally, they have funded tech startups from series A to E for $6 million to $150 million.

TOP TIER CAPITAL PARTNERS

  • Top Tier Capital Partners is a San Francisco based investment firm that makes primary and secondary investments in venture capital funds.
  • They invest in micro VCs such as True Ventures and Shasta Ventures that focuses on high-growth technology companies with a focus on SaaS, Cloud, Mobile & Internet sectors.
  • Additionally, they have funded tech startups from series B to F for $16 million to $135 million.

CENDANA CAPITAL

RESEARCH STRATEGY

We could not find the amount invested in micro VCs for all limited partners, private equity firms, or wealthy individuals / Angel investors. In the end, we have to concur with OpenLP 2.0's assessment that the role of limited partners is conventionally private and specifically opaque. This might be due to deliberate efforts to avoid legal issues.
We also tried to focus on firms in the San Francisco Peninsula region but could not find offices that are based there yet to be covered by previous entries on the spreadsheet. Hence, we listed companies based in the closest area of San Francisco city for the next best accessibility.
Part
03
of five
Part
03

Potential Investors, Part 3

All located in Menlo Park, Felicis Ventures, Jim Breyer of Breyer Capital, and Aligned Partners are three potential sources of micro VC investment in science and/or tech companies. These investment entities all provide early stage or seed investments in the $1 million to $20 million range and represent a diverse list of investors. See this spreadsheet for further details.

Felicis Ventures

  • Felicis Ventures is a venture capital firm in Menlo Park specializing in early stage and seed investing in several areas including AI, cyber security, health care, and finance.
  • They have funded startups from seed to Series C ranging from $500,000 to $10,000,000.
  • Founder and investor, Aydin Senkut, can be reached by email at aydin@felicis.com, and administrative assistant, Kimmy Brock, can be reached by email at kimmy@felicis.com.

Breyer Capital

Aligned Partners

Research Strategy

While we were not able to locate an exhaustive range of Micro VC investments for Breyer Capital, your research team was able to use the company website to identify recipients of their Series A funding and cross-reference the data with news sources to determine the size of the investments. All three examples fell within the requested range of $1 million to $20 million. From this, we concluded that Breyer Capital met the requested range of investments.

Additionally, while we did locate email addresses for Felicis Ventures, we were not able to locate phone numbers for either the office, the founder, or the administrative assistant. In order to locate this information, we first looked at the company site, but no phone numbers were listed. Then, we tried to locate the information by searching company and employee LinkedIn profiles, but were unsuccessful. Lastly, we tried 3rd party locators like RocketReach to find a phone number, but were ultimately unsuccessful. A reason for this may be that as a leader in investment in Silicon Valley, a phone line has become obsolete, and email has become the primary means of communication.
Part
04
of five
Part
04

Potential Investors, Part 4

Micro Venture capital investors in San Francisco include Hustle Fund, Maven Ventures, and Uncork Capital. The research insights were presented in row 12 to 15 of the attached spreadsheet.

HUSTLE FUND

MAVEN VENTURES

UNCORK SEED FUND

Part
05
of five
Part
05

Potential Investors, Part 5

Three companies/individuals that have invested in micro VCs that are focused on science and technology are NSV Wolf Capital, BluePointe Ventures and Chris Douvos. The requested information for each company can be found in the spreadsheet.

NSV WOLF CAPITAL

  • NSV Wolf Capital is an independent venture capital investment firm that invests in micro VCs in the United States. They have invested between $200,000 - $7,500,000 in various startups. The company has also invested undisclosed amounts in 18 micro VCs so far. Their latest fund focuses on investing in FinTech savvy micro VCs.
  • NSV Wolf Capital is located in Menlo Park and was founded in 2002.
  • Richard Melmon is the key decision maker of the company. His associate is Daniel Kimerling.

BLUEPOINTE VENTURES

  • BluePointe Ventures is a hybrid fund providing access to micro VC fund-of-funds that invests directly in early stage companies. They participate in a total of 9 funds that are vertically focused on AI, VR/AR smart devices, cloud, and data-driven analytics. They have previously invested between $1,100,000 and $80,000,000 in different startups.
  • The company is located in San Mateo, California.
  • Sandeep Sardana is the Early Stage investor of the company.

CHRIS DOUVOS

  • Chris was a managing partner at Venture Investment Associates (VIA) up until December 2018. VIA is a private equity fund manager that focuses on capital efficient information technology start-ups.
  • The company has been investing in micro-VCs since 2004.
Sources
Sources

From Part 03
Quotes
  • "Circle, a startup founded by Jeremy Allaire that seeks to drive mainstream adoption of digital currency, has raised a $9 million Series A funding round from Jim Breyer, Accell Partners and General Catalyst Partners."
Quotes
  • "Given we invest in seed through Series C, our investments can range from $500K to over $10M+. "
Quotes
  • "Founded by Jim Breyer in 2006, we make long-term, idea-driven strategic investments in our chosen core areas: social media, artificial intelligence, entertainment/media, digital health, data analytics, and financial technologies."
Quotes
  • "Meanwhile, you’re also overseeing Breyer Capital, your family office. How active is that, and is its focus exclusively on U.S. companies? JB: We make six to 10 new investments a year, investing in artificial intelligence and deep learning mostly, and how it applies to finance, healthcare, publishing, and other large verticals, and yes, [the investments are stateside]."
Quotes
  • " EDO hits the accelerator in its mission to challenge the limitations of historical TV measurement with the closing of $12 million in Series A funding led by Jim Breyer of Breyer Capital."
Quotes
  • "I am also excited to share that Breyer Capital made its 1st investment in the Africa technology ecosystem by participating in our Series A."
Quotes
  • "Aligned Partners is a Series A investor, investing exclusively in B2B. The unicorns they seek are highly capital-efficient companies: founders who want to raise “as little money as they can get away with, not as much money as they can get away with” (as Jodi Sherman Jahic describes the fund’s ideal startup)."
Quotes
  • "We invest primarily in Series A opportunities where we are the first institutional investor. We typically invest $1 million to $3 million in an initial round and $2 million to $5 million over the lifecycle of a portfolio company. Please note that we are not seed-round investors."