Designer Fund

Summary

In 2011 was created Designer Fund, which is appeared as VC. The venture was found in North America in United States. The main department of described VC is located in the San Francisco.

This organization was formed by Ben Blumenfeld, Enrique Allen. Besides them, we counted 2 critical employees of this fund in our database.

Besides, a startup requires to be at the age of 2-3 years to receive the investment from the fund. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. Among the most popular portfolio startups of the fund, we may highlight Stripe, Gusto, Omada Health. Among the most popular fund investment industries, there are FinTech, Software. The fund has no exact preference in some founders of portfolio startups. If startup sums 1 or 5+ of the founder, the chance for it to be financed is low.

The standard case for the fund is to invest in rounds with more than 10 partakers. Despite the Designer Fund, startups are often financed by Sequoia Capital, Sherpa Capital, SV Angel. The meaningful sponsors for the fund in investment in the same round are Slow Ventures, SV Angel, Kleiner Perkins. In the next rounds fund is usually obtained by Kleiner Perkins, General Catalyst, Andreessen Horowitz.

The important activity for fund was in 2014. Despite it in 2019 the fund had an activity. The increased amount of exits for fund were in 2018. The fund is constantly included in 2-6 deals per year. The common things for fund are deals in the range of 10 - 50 millions dollars. This Designer Fund works on 16 percentage points less the average amount of lead investments comparing to the other organizations. The typical startup value when the investment from Designer Fund is 500 millions - 1 billion dollars.