Canaan Partners

Summary

Canaan Partners appeared to be the VC, which was created in 1987. The company was established in North America in United States. The leading representative office of defined VC is situated in the Menlo Park.

The current fund was established by Eric Young, Harry T. Rein. The overall number of key employees were 18.

Among the most successful fund investment fields, there are Biotechnology, Enterprise Software. Among the various public portfolio startups of the fund, we may underline Instacart, Lending Club, SuccessFactors The fund has no specific favorite in a number of founders of portfolio startups. If startup sums 5+ of the founder, the chance for it to be financed is low. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. Besides, a startup needs to be aged 4-5 years to get the investment from the fund.

The typical case for the fund is to invest in rounds with 4-5 participants. Despite the Canaan Partners, startups are often financed by Lerer Hippeau, Intel Capital, Domain Associates. The meaningful sponsors for the fund in investment in the same round are Polaris Partners, Norwest Venture Partners, Mayfield Fund. In the next rounds fund is usually obtained by Silicon Valley Bank, Pelion Venture Partners, Battery Ventures.

The higher amount of exits for fund were in 2014. The important activity for fund was in 2012. Despite it in 2019 the fund had an activity. The fund is constantly included in 13-24 deals per year. The average startup value when the investment from Canaan Partners is 50-100 millions dollars. This Canaan Partners works on 9 percentage points less the average amount of lead investments comparing to the other organizations. The common things for fund are deals in the range of 10 - 50 millions dollars. Speaking about the real fund results, this VC is 14 percentage points more often commits exit comparing to other organizations.