Betaspring

Summary

Betaspring is the famous VC, which was founded in 2009. The venture was found in North America in United States. The leading representative office of defined VC is situated in the Providence.

The usual cause for the fund is to invest in rounds with 1-2 partakers. Despite the Betaspring, startups are often financed by Shervin Pishevar, National Science Foundation, MassChallenge. The meaningful sponsors for the fund in investment in the same round are MassChallenge, 500 Startups, Yandex. In the next rounds fund is usually obtained by Techstars, Techstars Boston Accelerator, SOSV.

The current fund was established by Allan Tear, Jack Templin, Owen Johnson.

Besides, a startup needs to be aged 2-3 years to get the investment from the fund. Among the various public portfolio startups of the fund, we may underline Acustom Apparel, Surprise Ride, Bookity Among the most popular fund investment industries, there are Internet, Social Media. The fund has no specific favorite in a number of founders of portfolio startups. When startup sums 4 or 5+ of the founder, the probability for it to get the investment is little. For fund there is a match between the location of its establishment and the land of its numerous investments - United States.

The fund is generally included in 7-12 deals every year. Deals in the range of 100 thousands - 1 million dollars are the general things for fund. Comparing to the other companies, this Betaspring performs on 22 percentage points less the average number of lead investments. The top amount of exits for fund were in 2018. The high activity for fund was in 2013. The average startup value when the investment from Betaspring is 1-5 millions dollars.