Draper Triangle

Summary

Draper Triangle is the famous VC, which was founded in 1999. The main office of represented VC is situated in the Pittsburgh. The fund was located in North America if to be more exact in United States.

The current fund was established by Jay Katarincic, Mike Stubler, Tim Draper. Besides them, we counted 3 critical employees of this fund in our database.

The real fund results show that this VC is 24 percentage points more often commits exit comparing to other companies. The increased amount of exits for fund were in 2010. The common things for fund are deals in the range of 5 - 10 millions dollars. The fund is constantly included in 2-6 deals per year. Comparing to the other companies, this Draper Triangle performs on 4 percentage points less the average number of lead investments. The high activity for fund was in 2010. Despite it in 2019 the fund had an activity.

The typical case for the fund is to invest in rounds with 3-4 participants. Despite the Draper Triangle, startups are often financed by Birchmere Ventures, Innovation Works, Early Stage Partners. The meaningful sponsors for the fund in investment in the same round are West Capital Advisors, Early Stage Partners, DFJ. In the next rounds fund is usually obtained by West Capital Advisors, Birchmere Ventures, Adams Capital Management.

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 - United States. We can highlight the next thriving fund investment areas, such as Manufacturing, Software. Among the most popular portfolio startups of the fund, we may highlight Plextronics, TOA Technologies, Locomation. The fund has no exact preference in some founders of portfolio startups. If startup sums 3 or 5+ of the founder, the chance for it to be financed is low.