83North

Summary

In 2006 was created 83North, which is appeared as VC. The main office of represented VC is situated in the Herzliya. The venture was found in Asia in Israel.

The typical case for the fund is to invest in rounds with 3-4 participants. Despite the 83North, startups are often financed by Viola Ventures, Battery Ventures, Walden Israel Venture Capital. The meaningful sponsors for the fund in investment in the same round are Viola Ventures, Battery Ventures, Vintage Investment Partners. In the next rounds fund is usually obtained by Index Ventures, Viola Ventures, Vintage Investment Partners.

Besides, a startup requires to be at the age of 4-5 years to receive the investment from the fund. The fund has exact preference in a number of founders of portfolio startups. When startup sums 5+ of the founder, the probability for it to get the investment is little. Among the most successful fund investment fields, there are Mobile, Cloud Computing. Among the most popular portfolio startups of the fund, we may highlight IZettle, Just Eat, Marqeta. For fund there is no match between the country of its foundation and the country of its the most frequent investments - United States.

The top amount of exits for fund were in 2018. The important activity for fund was in 2016. Despite it in 2019 the fund had an activity. Opposing the other organizations, this 83North works on 18 percentage points less the average amount of lead investments. The typical startup value when the investment from 83North is 500 millions - 1 billion dollars. The fund is generally included in 13-24 deals every year. The common things for fund are deals in the range of 10 - 50 millions dollars. Speaking about the real fund results, this VC is 0 percentage points less often commits exit comparing to other organizations.

Besides them, we counted 7 critical employees of this fund in our database.