Discovery Capital

Summary

Discovery Capital appeared to be the VC, which was created in 1986. The fund was located in North America if to be more exact in Canada. The leading representative office of defined VC is situated in the Vancouver.

The typical case for the fund is to invest in rounds with 3-4 participants. Despite the Discovery Capital, startups are often financed by BDC Venture Capital, Yaletown Partners, British Columbia Discovery Fund. The meaningful sponsors for the fund in investment in the same round are BC Advantage Funds, Yaletown Partners, T. Rowe Price. In the next rounds fund is usually obtained by Yaletown Partners, Third Point Ventures, SoftBank.

Among the various public portfolio startups of the fund, we may underline Spotify, Social Finance (SoFi), Lat49 Among the most popular fund investment industries, there are Financial Services, Music Streaming. The fund has no specific favorite in a number of founders of portfolio startups. If startup sums 5+ of the founder, the chance for it to be financed is low. Besides, a startup requires to be at the age of 4-5 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 - Canada.

We also calculated 2 valuable employees in our database.

Deals in the range of more than 100 millions dollars are the general things for fund. The higher amount of exits for fund were in 2018. The average startup value when the investment from Discovery Capital is more than 1 billion dollars. The high activity for fund was in 2008. Despite it in 2019 the fund had an activity. Comparing to the other companies, this Discovery Capital performs on 8 percentage points more the average number of lead investments. Speaking about the real fund results, this VC is 6 percentage points more often commits exit comparing to other organizations. The fund is constantly included in less than 2 investment rounds annually.