.406 Ventures - Unicorn Nest

.406 Ventures

.406 Ventures

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Headquarters Location

United States, Boston

About

.406 Ventures was established in 2005, and is a well known VC. The primary office of this VC is located in Boston. This investor is located in North America, United States.

The country of its foundation and the country of its most frequent investments coincides - United States. Compass, Carbon Black, Iora Health are amongst the various portfolio companies of this fund. The fund has no an exact preference in the amount of founders of companies in its portfolio. If the applying start-up has 5+ founders, it is very unlikely that funding will be awarded. The average start-up age at the time of investment by this fund is 4-5. Among their most successful investment fields, we have identified Machine Learning, Security. Also, because of its portfolio diversification tendency, we can highlight 23 more industries for this fund.

The fund was created by Larry Begley, Liam Donohue, Maria Cirino. The overall number of key employees in the fund's team is 4.

Deals in the range of 10 - 50 millions dollars are most common for this fund. In real terms, this VC performs 16 percentage points more exits than other funds. The most exits for the fund occurred in 2018. In comparison with other funds, .406 Ventures makes 16 percentage points less than the average number of lead investments. The fund generally invests in 7-12 deals every year. When .406 Ventures invests, the average start-up valuation is 100-500 millions dollars. This fund was the most active in 2015. Additionally, in 2019 the fund was active.

The fund typically invests in rounds with 3-4 participants. Aside from .406 Ventures, start-ups are often funded by RRE Ventures, Polaris Partners, First Round Capital and 65 other funds. Other VCs who often invest in the same rounds are Polaris Partners, Prism Venture Management, F-Prime Capital, the total number of co-investors is 68. In subsequent rounds, the fund is usually supported by RRE Ventures, Atlas Venture, Prism Venture Management, out of 49 investors from our database.

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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