Creative Destruction Lab (CDL)

Summary

Creative Destruction Lab is the famous VC, which was founded in 2012. The main office of represented VC is situated in the Toronto. The fund was located in North America if to be more exact in Canada.

The fund has no exact preference in some founders of portfolio startups. In case when startup counts 5+ of the founder, the chance for it to get the investment is meager. Among the most successful fund investment fields, there are Analytics, Machine Learning. For fund there is a match between the country of its foundation and the country of its the most frequent investments - Canada. Among the various public portfolio startups of the fund, we may underline Atomwise, Datalogue, MedStack Moreover, a startup needs to be at the age of 2-3 years to get the investment from the fund.

The usual cause for the fund is to invest in rounds with 1-2 partakers. Despite the Creative Destruction Lab, startups are often financed by Velocity, Techstars, NEXT Canada. The meaningful sponsors for the fund in investment in the same round are iNovia Capital, Vancouver Angel Forum, Ramen Ventures. In the next rounds fund is usually obtained by Radical Ventures, MaRS Investment Accelerator Fund, SOSV.

Deals in the range of 100 thousands - 1 million dollars are the general things for fund. The fund is constantly included in 25-48 investment rounds annually. The top amount of exits for fund were in 2018. The top activity for fund was in 2017. Despite it in 2019 the fund had an activity. The real fund results show that this VC is 19 percentage points less often commits exit comparing to other companies. Opposing the other organizations, this Creative Destruction Lab works on 26 percentage points less the average amount of lead investments.

The current fund was established by Ajay Agrawal, Ajay Agrawal.