7wire Ventures - Unicorn Nest

7wire Ventures

7wire Ventures

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Headquarters Location

United States, Chicago

About

7wire Ventures is the renowned VC, which was created in 2011. The fund is located in United States, North America. The main office of this VC is situated in Chicago.

The fund was established by Glen Tullman, Lee Shapiro. We also identified another 5 core personnel in our database.

The most common rounds for this fund are in the range of 10 - 50 millions dollars. The highest number of exits from this fund were in 2019. 7wire Ventures is involved in 22 percentage points less than the average amount of lead investments when compared with other funds. The fund's activity peaked in 2017. Additionally, in 2019 the fund was active. The fund typically enters into 2-6 deals annually. When 7wire Ventures invests, the average start-up valuation is 500 millions - 1 billion dollars. The fund performance shows that this VC achieves 10 percentage points more exits in comparison to other VCs.

Moreover, a start-up needs to be 4-5 years old to get investment from this fund. The fund has no an exact preference in the amount of founders of companies in its portfolio. If there are 5+ founders in the start-up, the probability of getting the investment is low. Among the most popular portfolio start-ups of the fund, are Livongo, CareDox, Higi. Among their most successful investment fields, we have identified Fitness, Medical. Also, because of its portfolio diversification tendency, we can highlight 9 more industries for this fund. The country of its foundation and the country of the most frequent investments for the fund coincides - United States.

The fund usually invests in rounds together with 4-5 others. Aside from 7wire Ventures, start-ups are often funded by lool ventures, Triventures, Harbert Growth Partners and 26 other funds. The most common co-investors for the fund are Merck Global Health Innovation Fund, General Catalyst, lool ventures and also 33 different VCs. In subsequent rounds, the fund is usually joined by Merck Global Health Innovation Fund, General Catalyst, Zaffre Investments, as well as 24 other investors.

Year Founded

2011

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: 7wireventures.com; User name format in descending order of probability: first '.' last

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

92.3% of cases

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

40.5% of cases

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

10.6 years

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

0.15 out of 1

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

1

Funds Investing in Previous
Rounds

lool ventures, Triventures, Harbert Growth Partners

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