Birchmere Ventures

Summary

Birchmere Ventures is the famous VC, which was founded in 1996. The fund was located in North America if to be more exact in United States. The main department of described VC is located in the Pittsburgh.

The fund was created by Ned Renzi, Sean Sebastian. We also calculated 6 valuable employees in our database.

Moreover, a startup needs to be at the age of 4-5 years to get 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. 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 popular portfolio startups of the fund, we may highlight Cvent, CyOptics, The Zebra. Among the most successful fund investment fields, there are Internet, Mobile.

The usual cause for the fund is to invest in rounds with 4-5 partakers. Despite the Birchmere Ventures, startups are often financed by Firelake Capital Management, Techstars, Right Side Capital Management. The meaningful sponsors for the fund in investment in the same round are Innovation Works, 500 Startups, Wavemaker Partners. In the next rounds fund is usually obtained by Draper Triangle, Innovation Works, Wavemaker Partners.

The higher amount of exits for fund were in 2013. The common things for fund are deals in the range of 10 - 50 millions dollars. Opposing the other organizations, this Birchmere Ventures works on 4 percentage points less the average amount of lead investments. The fund is constantly included in 2-6 investment rounds annually. Speaking about the real fund results, this VC is 4 percentage points more often commits exit comparing to other organizations. The important activity for fund was in 2018. Despite it in 2019 the fund had an activity. When the investment is from Birchmere Ventures the average startup value is 100-500 millions dollars.