2048 Ventures

Founded 2018
Founders Alex Iskold Paul Sethi

Overview

Unlock datapoints

Portfolio analytics

Team

Investments

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
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.
Total investments 41
Average round size
info
The average size of a deal this fund participated in
$1M
Portfolio companies 31
Rounds per year 13.67
Lead investments 3
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.24
Exits 1
Key employees 2
Stages of investment
Early Stage Venture

Areas of investment

  • Software
  • Internet
  • Drones
  • Information Technology
  • FinTech
Summary

2048 Ventures is the famous VC, which was founded in 2018. The fund was located in North America if to be more exact in United States. The main department of described VC is located in the New York.

This organization was formed by Alex Iskold, Paul Sethi. We also calculated 2 valuable employees in our database.

Among the most successful fund investment fields, there are Biotechnology, Photography. For fund there is no match between the country of its foundation and the country of its the most frequent investments - United Kingdom. Besides, a startup needs to be aged 4-5 years to get the investment from the fund. Among the most popular portfolio startups of the fund, we may highlight MindMate.

Speaking about the real fund results, this VC is 55 percentage points more often commits exit comparing to other organizations. The high activity for fund was in 2019. The typical startup value when the investment from 2048 Ventures is 5-10 millions dollars. Deals in the range of 1 - 5 millions dollars are the general things for fund. The fund is generally included in 7-12 deals every year.

The standard case for the fund is to invest in rounds with 2-3 partakers. Despite the 2048 Ventures, startups are often financed by Techstars New York City Accelerator, Techstars, Right Side Capital Management. The meaningful sponsors for the fund in investment in the same round are Matchstick Ventures, Techstars Ventures, Techstars. In the next rounds fund is usually obtained by One Way Ventures, Indicator Ventures.

Read more

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Lendflow

Construction
FinTech
Software
Transportation
$10M13 Oct 2021 Austin, Texas, United States

ConverseNow

Artificial Intelligence
Machine Learning
Natural Language Processing
Speech Recognition
$15M29 Jul 2021 Austin, Texas, United States

TartanHUB

18 May 2021 -

Flyp

Internet
Mobile Apps
12 May 2021 San Francisco, California, United States

Valist

01 May 2021 Harrisburg, Pennsylvania, United States

Impacked

E-Commerce
Marketplace
15 Apr 2021 New York, New York, United States

Lendflow

Construction
FinTech
Software
Transportation
$2M10 Apr 2021 Austin, Texas, United States

Walnut

Financial Services
FinTech
Health Care
$3M07 Apr 2021 New York, United States

Tangram Vision

Autonomous Vehicles
Drone Management
Drones
Robotics
Sensor
$1M02 Mar 2021 Boulder, Colorado, United States
News
ConverseNow boosts restaurant-ordering AI with $15M raise

– ConverseNow, a startup developing a platform that automates orders at quick service drive-thru windows, announced that it closed a $15 million series A funding round led by Craft Ventures, with participation from LiveOak Venture Partners, Tensility Venture Partners, Knoll Ventures, Bala Investments, 2048 Ventures, Bridge Investments, Moneta Ventures, and angel investors.
– The proceeds bring the company’s total raised to date to $18.3 million, which CEO Vinay Shukla says will be put toward scaling and creating technologies like “digital line-busting” — some of which will roll out later this year.

Trucking Insurer Koffie Labs Raises $4.5 Million

– Koffie Labs (Koffie), an insurtech focused on reinventing the trucking and transportation markets, today announced it has raised $4.5m in venture financing.
Anthemis Group and Lerer Hippeau led two rounds of seed round financing with participation from 2048 Ventures, Plug and Play Ventures and C2 Ventures.
– Trucking insurance is an essential component of the broader $800b trucking industry and the backbone of the US economy. With commercial auto rates consistently increasing over the last decade, there are few viable options for fleets.
– Koffie uses telematics and advanced safety technology to underwrite trucking companies, rewarding fleets that invest in safety with discounted insurance premiums.

Review

  • No reviews are submitted yet.
Related media
Top 20 investors in North America that took part in the most Seed funding rounds in Genetics/Diagnostics industry over the recent years
If you have found a spelling error or the data isn’t actual, please, notify us by selecting that text and pressing Ctrl+Enter. Read more
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent 2048 Ventures?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!

Wait!
You can raise money with us faster

Get matched with relevant funds

Find decision makers data

Connect with investors by email

Remind me later
...and save more than 200 hours*
*-Our recommendation and outreach system saves up to 200 hours of founder time on fundraising for seed and series A+ startups
We use LinkedIn only to verify your account. We don't import or message your contacts, nor post on your behalf.
By creating an account, you agree to our Terms of Service and Privacy Policy.
Crunchbase icon

Content report

The following text will be sent to our editors: