Congruent Ventures

Summary

In 2017 was created Congruent Ventures, which is appeared as VC. The leading representative office of defined VC is situated in the San Francisco. The company was established in North America in United States.

The typical case for the fund is to invest in rounds with 4-5 participants. Despite the Congruent Ventures, startups are often financed by National Grid Partners (NGP), Y Combinator, XN-Ventures. The meaningful sponsors for the fund in investment in the same round are National Grid Partners (NGP), Hardware Club, Energy Foundry. In the next rounds fund is usually obtained by National Grid Partners (NGP), Sidewalk Infrastructure Partners, XN-Ventures.

Among the various public portfolio startups of the fund, we may underline Bellwether Coffee, For Days, AMP Robotics Among the most successful fund investment fields, there are Software, Food and Beverage. Moreover, a startup needs to be at the age of 2-3 years to get the investment from the fund. The fund has no exact preference 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 current fund was established by Abe Yokell, Joshua Posamentier. The overall number of key employees were 4.

Speaking about the real fund results, this VC is 30 percentage points more often commits exit comparing to other organizations. The fund is constantly included in 2-6 deals per year. The high activity for fund was in 2019. Deals in the range of 5 - 10 millions dollars are the general things for fund.