Draper Richards - Unicorn Nest

Draper Richards

Draper Richards

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Headquarters Location

United States, Menlo Park

About

Draper Richards is a well known and established VC, which was founded in 1996. The the headquarters of this VC is in Menlo Park. The VC's location is in North America, United States.

Besides the listed founders, we have found 2 key employees of this fund in our database.

The fund has no a preferred number of founders for start-ups that it invests in. If the applying start-up has 5+ founders, it is very unlikely that funding will be awarded. The country of its foundation and the country of its most frequent investments coincides - United States. Besides this, the fund also invested in 3 other countries. Also, a start-up has to be aged 2-3 years to expect investment from this fund. Skype, OpenTable, SquareTrade are amongst the various portfolio companies of this fund. Among their most successful investment fields, we have identified Telecommunications, Internet. Also, because of its portfolio diversification tendency, we can highlight 15 more industries for this fund.

The usual method for the fund is to invest in rounds with 4-5 other investors. Along with Draper Richards, start-ups are often financed by Worldview Technology Partners, Tugboat Ventures, ONSET Ventures as well as 16 other investors. Other VCs who often invest in the same rounds are Menlo Ventures, Draper Associates, WI Harper Group, the total number of co-investors is 33. In subsequent rounds, the fund is usually supported by Menlo Ventures, First Round Capital, Crosslink Capital, out of 40 investors from our database.

This fund was the most active in 2007. The fund performance shows that this VC achieves 11 percentage points less exits in comparison to other VCs. The fund usually participates in 2-6 investment rounds per year. The most exits for the fund occurred in 2009. Typical investments for this fund are deals in the range of 5 - 10 millions dollars. Draper Richards is involved in 7 percentage points more than the average amount of lead investments when compared with other funds. The average start-up valuation at the time of investment from Draper Richards is 10-50 millions dollars.

Year Founded

1996

Fund Activity

Not operative

Mail Rule [rules by which you can get an email of an interesting for you fund employee, knowing only the name and surname of this employee]

Domain name: drkfoundation.org; User name format in descending order of probability: first_initial last, first, first '.' last

Group Appearance [how often fund is operating separately from groups with shared interest]

100.0% of cases

Investments per Year [average amount of rounds in which fund participates each year]

1-3

Follow-on Index [how often fund is ready to support its portfolio startup at next rounds]

25.0% of cases

Average Multiplicator [the average ratio of the last valuation of portfolio startups to their total amount of financing raised]

x7

Average Portfolio Company
Exit Age [the average age of portfolio startups at which they go public or become acquired]

9.6 years

Success / Strategy Similarity
Index [the matching between fund's investment strategy and its proved successes in the form of portfolio startups high valuations]

0.3 out of 1

Number of Unicorns [amount of portfolio companies, which were valuated at more then $1B]

3

Funds Investing in Following
Rounds

Menlo Ventures, First Round Capital, Crosslink Capital

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