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Novak Biddle Venture Partners

Founders Jack Biddle

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Investments

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 116
Average round size
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The average size of a deal this fund participated in
$9M
Portfolio companies 58
Rounds per year 4.46
Lead investments 26
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.50
Exits 39
Key employees 4
Stages of investment
Early Stage Venture
Late Stage Venture
Private Equity
Seed

Areas of investment

  • Software
  • Enterprise Software
  • Education
  • SaaS
  • Information Technology
Summary

Novak Biddle Venture Partners is the famous VC, which was founded in 1997. The fund was located in North America if to be more exact in United States. The leading representative office of defined VC is situated in the Bethesda.

For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. Among the various public portfolio startups of the fund, we may underline Blackboard, Approva, Parchment Besides, a startup requires to be at the age of 4-5 years to receive the investment from the fund. The fund has no exact preference in a number of founders of portfolio startups. When startup sums 4 or 5+ of the founder, the probability for it to get the investment is little. Among the most popular fund investment industries, there are EdTech, Information Technology.

The typical case for the fund is to invest in rounds with 3-4 participants. Despite the Novak Biddle Venture Partners, startups are often financed by New Enterprise Associates, Signatures Capital, City Light Capital. The meaningful sponsors for the fund in investment in the same round are Paladin Capital Group, ABS Ventures, The Aurora Funds. In the next rounds fund is usually obtained by QED Investors, City Light Capital, ABS Ventures.

This organization was formed by Jack Biddle. We also calculated 4 valuable employees in our database.

Opposing the other organizations, this Novak Biddle Venture Partners works on 4 percentage points more the average amount of lead investments. The usual things for fund are deals in the range of 5 - 10 millions dollars. The typical startup value when the investment from Novak Biddle Venture Partners is 100-500 millions dollars. The high activity for fund was in 2005. Despite it in 2019 the fund had an activity. The fund is generally included in 2-6 deals every year. Considering the real fund results, this VC is 10 percentage points more often commits exit comparing to other organizations. The higher amount of exits for fund were in 2018.

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Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Novak Biddle Venture Partners:
Typical Co-investors
Novak Biddle Venture Partners is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Novak Biddle Venture Partners:

Funds with similar focus

Funds from United States
Funds with similar focus located in United States:
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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Volley Labs

Artificial Intelligence
EdTech
Education
Knowledge Management
Machine Learning
Natural Language Processing
Semantic Search
Semantic Web
$2M10 Mar 2016 San Francisco, California, United States

Carspring

E-Commerce
Internet
$3M31 Jul 2015 England

WealthEngine

Analytics
Financial Services
Non Profit
$7M05 May 2014 Bethesda, Maryland, United States

UniversityNow

Education
Higher Education
Tutoring
$19M24 Sep 2013 San Francisco, California, United States

SolidFire

Cloud Data Services
Enterprise Software
Flash Storage
$31M25 Jul 2013 Boulder, Colorado, United States

SocialRadar

iOS
Local
Location Based Services
Mobile
Social Media
$12M19 Jun 2013 Washington, District of Columbia, United States

Fidelis

CRM
EdTech
Education
SaaS
Software
$6M01 May 2013 San Francisco, California, United States

UniversityNow

Education
Higher Education
Tutoring
$17M21 Jun 2012 San Francisco, California, United States

PlaySay

Apps
EdTech
Education
Language Learning
$250K01 May 2012 San Francisco, California, United States

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Total investments 116
Average round size 9M
Rounds per year 4.46
Peak activity year 2005
Lead investments 26
Follow on index 0.50
Exits 39
Group Appearance index 0.80

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Volley Labs

Artificial Intelligence
EdTech
Education
Knowledge Management
Machine Learning
Natural Language Processing
Semantic Search
Semantic Web
$2M10 Mar 2016 San Francisco, California, United States

Carspring

E-Commerce
Internet
$3M31 Jul 2015 England

WealthEngine

Analytics
Financial Services
Non Profit
$7M05 May 2014 Bethesda, Maryland, United States

UniversityNow

Education
Higher Education
Tutoring
$19M24 Sep 2013 San Francisco, California, United States

SolidFire

Cloud Data Services
Enterprise Software
Flash Storage
$31M25 Jul 2013 Boulder, Colorado, United States

SocialRadar

iOS
Local
Location Based Services
Mobile
Social Media
$12M19 Jun 2013 Washington, District of Columbia, United States

Fidelis

CRM
EdTech
Education
SaaS
Software
$6M01 May 2013 San Francisco, California, United States

UniversityNow

Education
Higher Education
Tutoring
$17M21 Jun 2012 San Francisco, California, United States

PlaySay

Apps
EdTech
Education
Language Learning
$250K01 May 2012 San Francisco, California, United States
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