3Lines

Summary

3Lines appeared to be the VC, which was created in 2016. The venture was found in North America in United States. The main office of represented VC is situated in the Denver.

The standard case for the fund is to invest in rounds with 2-3 partakers. Despite the 3Lines, startups are often financed by Rockies Venture Club, Stout Street Capital, Newark Venture Partners. The meaningful sponsors for the fund in investment in the same round are Jason Haider, Winnebago Industries (NYSE: WGO), Stout Street Capital. In the next rounds fund is usually obtained by The Cedars-Sinai Accelerator, Techstars, Stout Street Capital.

For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. The fund has exact preference in a number of founders of portfolio startups. Among the most popular portfolio startups of the fund, we may highlight Motiv Power Systems, CaliberMind, Sopris Health. Besides, a startup needs to be aged 4-5 years to get the investment from the fund. We can highlight the next thriving fund investment areas, such as Embedded Software, Computer.

The common things for fund are deals in the range of 1 - 5 millions dollars. The high activity for fund was in 2018. The fund is constantly included in 2-6 deals per year. The typical startup value when the investment from 3Lines is 10-50 millions dollars. Considering the real fund results, this VC is 2 percentage points less often commits exit comparing to other organizations.

The fund was created by Dave Harris, Kamalesh Dwivedi, Krishna Kunapuli, Peter Adams. Besides them, we counted 2 critical employees of this fund in our database.