Congruent Ventures

Founded 2017
Founders Abe Yokell Joshua Posamentier

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 35
Average round size
info
The average size of a deal this fund participated in
$6M
Portfolio companies 31
Rounds per year 8.75
Lead investments 6
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.29
Key employees 4
Stages of investment
Early Stage Venture
Seed

Areas of investment

  • Software
  • Renewable Energy
  • Energy
  • Internet of Things
  • Solar
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.

Read more

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Lightship

Automotive
Electric Vehicle
Recreational Vehicles
Travel
$4M28 Jul 2021 San Francisco, California, United States

Camus Energy

CleanTech
Cloud Computing
Data Integration
Electrical Distribution
Energy
Power Grid
Renewable Energy
SaaS
Software
$16M20 Jul 2021 San Francisco, California, United States

MilkRun

AgTech
Farmers Market
Food Delivery
Grocery
Marketplace
10 May 2021 Portland, Oregon, United States

Fervo Energy

Clean Energy
Energy
Environmental Engineering
Renewable Energy
$28M30 Apr 2021 Berkeley, California, United States

Industrial
Industrial Engineering
Manufacturing
18 Mar 2021 Massachusetts, United States

VEIR

Electrical Distribution
Power Grid
Solar
$11M04 Mar 2021 Boston, Massachusetts, United States

AMP Robotics

Artificial Intelligence
Computer Vision
Machine Learning
Recycling
Robotics
$55M04 Jan 2021 Colorado, United States

Sense Photonics

Electronics
Industrial Automation
Manufacturing
11 Nov 2020 San Francisco, California, United States

Pico MES

Information Technology
Small and Medium Businesses
Software
$2M28 Aug 2020 San Francisco, California, United States
News
Meati Foods Secures $50M Series B

– Meati Foods, a leader in clean, whole-cut alternative meats from San Francisco, announced the closing of its $50m Series B.
– The oversubscribed round was co-led by new investor BOND and long-time Meati investor Acre Venture Partners.
– They were joined by other existing investors, including Prelude Ventures, Congruent Ventures, and Tao Capital.

VEIR Raises $10M Series A and Debuts New Approach to Electricity Transmission to Transform the Grid

– VEIR, a company developing a new approach to using High Temperature Superconductors (HTS) for electricity transmission, today announced $10 million in Series A financing and debuted a new architecture for high-voltage superconducting transmission lines to transform the grid.
– The company’s Series A investment was led by Breakthrough Energy Ventures (BEV), with participation from existing investor Congruent Ventures and new investor The Engine.
– The financing brings the company’s total funding to date to more than $12 million.
– With the expected growth of electric vehicles and the rest of the economy shifting to electric power from fossil fuels, we will need extremely large amounts of new renewable energy and a correlating amount of transmission.

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 Congruent Ventures?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!

Wait!
You can raise money with us faster

Get matched with relevant funds

Find decision makers data

Connect with investors by email

Remind me later
...and save more than 200 hours*
*-Our recommendation and outreach system saves up to 200 hours of founder time on fundraising for seed and series A+ startups
We use LinkedIn only to verify your account. We don't import or message your contacts, nor post on your behalf.
By creating an account, you agree to our Terms of Service and Privacy Policy.
Crunchbase icon

Content report

The following text will be sent to our editors: