.406 Ventures - Unicorn Nest

.406 Ventures

Headquarters Location

United States, Boston

About

In 2005 was created .406 Ventures, which is appeared as VC. The main department of described VC is located in the Boston. The company was established in North America in United States.

The fund was created by Larry Begley, Liam Donohue, Maria Cirino. The overall number of key employees were 4.

The fund has no exact preference in some founders of portfolio startups. If startup sums 5+ of the founder, the chance for it to be financed is low. Among the most successful fund investment fields, there are Machine Learning, Security. Besides, a startup requires to be at the age of 4-5 years to receive the investment from the fund. 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 Compass, Carbon Black, Iora Health

The typical case for the fund is to invest in rounds with 3-4 participants. Despite the .406 Ventures, startups are often financed by RRE Ventures, Polaris Partners, First Round Capital. The meaningful sponsors for the fund in investment in the same round are Polaris Partners, Prism Venture Management, F-Prime Capital. In the next rounds fund is usually obtained by RRE Ventures, Atlas Venture, Prism Venture Management.

The top amount of exits for fund were in 2018. Considering the real fund results, this VC is 16 percentage points more often commits exit comparing to other organizations. When the investment is from .406 Ventures the average startup value is 100-500 millions dollars. Deals in the range of 10 - 50 millions dollars are the general things for fund. The fund is generally included in 7-12 deals every year. The top activity for fund was in 2015. Despite it in 2019 the fund had an activity. Comparing to the other companies, this .406 Ventures performs on 16 percentage points less the average number of lead investments.

Year Founded

2005

Fund Activity

Operative

Mail Rule [rules by which you can get an email of an interesting for you fund employee, knowing only the name and surname of this employee]

Domain name: 406ventures.com; User name format in descending order of probability: first_initial last, first last, last first_initial, first, first last_initial

Group Appearance [how often fund is operating separately from groups with shared interest]

95.8% of cases

Investments per Year [average amount of rounds in which fund participates each year]

7-12

Follow-on Index [how often fund is ready to support its portfolio startup at next rounds]

46.6% of cases

Average Multiplicator [the average ratio of the last valuation of portfolio startups to their total amount of financing raised]

x12.4

Average Portfolio Company
Exit Age [the average age of portfolio startups at which they go public or become acquired]

3.7 years

Success / Strategy Similarity
Index [the matching between fund's investment strategy and its proved successes in the form of portfolio startups high valuations]

0.2 out of 1

Number of Unicorns [amount of portfolio companies, which were valuated at more then $1B]

2

Number of Minotaurs [amount of portfolio companies, which raised more then $1B in total]

1

Funds Investing in Previous
Rounds

RRE Ventures, Polaris Partners, First Round Capital

Funds Investing in Following
Rounds

RRE Ventures, Atlas Venture, Prism Venture Management

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