Cleveland Avenue

Founded 2015
Founders Don Thompson J. Skyler Fernandes

Overview

Unlock datapoints

Portfolio analytics

Team

Investments

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.
Total investments 14
Average round size
info
The average size of a deal this fund participated in
$9M
Portfolio companies 13
Rounds per year 2.33
Lead investments 3
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.14
Exits 1
Key employees 1
Stages of investment
Early Stage Venture

Areas of investment

  • Food and Beverage
  • Food Processing
  • Organic Food
  • Restaurants
  • Hospitality
Summary

In 2017 was created Cleveland Avenue, which is appeared as VC. The company was established in North America in United States. The leading representative office of defined VC is situated in the Chicago.

The fund was created by Don Thompson. The overall number of key employees were 1.

Moreover, a startup needs to be at the age of 6-10 years to get the investment from the fund. Among the various public portfolio startups of the fund, we may underline Beyond Meat, ZeroCater, Farmer's Fridge Among the most successful fund investment fields, there are Snack Food, Service Industry. For fund there is a match between the location of its establishment and the land of its numerous investments - United States. The fund has specific favorite in a number of founders of portfolio startups.

The higher amount of exits for fund were in 2019. The usual things for fund are deals in the range of 10 - 50 millions dollars. Considering the real fund results, this VC is 22 percentage points more often commits exit comparing to other organizations. The high activity for fund was in 2018. The fund is generally included in 2-6 deals every year. This Cleveland Avenue works on 21 percentage points less the average amount of lead investments comparing to the other organizations. The average startup value when the investment from Cleveland Avenue is 500 millions - 1 billion dollars.

The typical case for the fund is to invest in rounds with 3 participants. Despite the Cleveland Avenue, startups are often financed by PowerPlant Ventures, DNS Capital, gener8tor. The meaningful sponsors for the fund in investment in the same round are DNS Capital, Tyson Foods, PowerPlant Ventures. In the next rounds fund is usually obtained by DNS Capital, Tyson Foods, Revolution.

Read more

Funds with similar focus

Funds from United States, Chicago
Funds with similar focus located in United States, Chicago:
Funds with the same geo focus
Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Notable deals

CompanyIndustryRoundRound SizeDateInvestorsLocation

Bright Cellars

Lifestyle
Service Industry
Wine And Spirits
1
$11M31 Aug 2021 United States, Milwaukee

86 Repairs

Big Data
Hospitality
Information Technology
Predictive Analytics
Restaurants
SaaS
Software
1
$5M13 Jul 2021 United States, Chicago

Bartesian

Consumer
Consumer Goods
Food and Beverage
Hardware
1
$20M06 Apr 2021 United States, Chicago

86 Repairs

Big Data
Hospitality
Information Technology
Predictive Analytics
Restaurants
SaaS
Software
1
$2M18 Mar 2021 United States, Chicago

Good PLANeT Foods

Food and Beverage
Organic Food
1
$12M20 May 2020 United States, Bellevue

FoodBoss

Apps
E-Commerce
Food and Beverage
Internet
Mobile Apps
n/a
$2M11 Mar 2019 United States, Chicago

Farmer's Fridge

Consumer Goods
Delivery
Food and Beverage
Handmade
Restaurants
Snack Food
1
$30M05 Sep 2018 United States, Chicago

Bright Cellars

Lifestyle
Service Industry
Wine And Spirits
n/a
$2M17 May 2018 United States, Milwaukee

ZeroCater

Catering
Food and Beverage
Food Delivery
Hospitality
Internet
Office Administration
Restaurants
Small and Medium Businesses
1
$12M01 May 2018 United States, San Francisco
News
86 Repairs Raises $5.3M in Funding

– 86 Repairs is a platform that automates the end-to-end repair and maintenance process for restaurants, providing actionable insights to improve back-of-house operations.
– The company received $7.3m in Series A funding.
– The round was led by TDF Ventures, Gordon Food Service (GFS), MATH Venture Partners, Revolution, and Cleveland Avenue.
– The new investment will be used to scale up product innovations and accelerate growth.

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent Cleveland Avenue?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!
Crunchbase icon

Content report

The following text will be sent to our editors: