Drummond Road Capital

Summary

In 1999 was created Drummond Road Capital, which is appeared as VC. The fund was located in North America if to be more exact in United States. The main office of represented VC is situated in the Cleveland.

The current fund was established by Morris Wheeler. Besides them, we counted 1 critical employee of this fund in our database.

The typical startup value when the investment from Drummond Road Capital is 10-50 millions dollars. The important activity for fund was in 2014. Despite it in 2019 the fund had an activity. Considering the real fund results, this VC is 15 percentage points less often commits exit comparing to other organizations. Opposing the other organizations, this Drummond Road Capital works on 8 percentage points less the average amount of lead investments. The common things for fund are deals in the range of 1 - 5 millions dollars. The fund is generally included in 2-6 deals every year. The increased amount of exits for fund were in 2017.

Among the most successful fund investment fields, there are E-Commerce, Enterprise Software. Among the most popular portfolio startups of the fund, we may highlight TRED, Cuseum, Disruption Corporation. Moreover, a startup needs to be at the age of 2-3 years to get the investment from the fund. The fund has no exact preference in some founders of portfolio startups. When startup sums 5+ of the founder, the probability for it to get the investment is little. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States.

The standard case for the fund is to invest in rounds with 6-7 partakers. Despite the Drummond Road Capital, startups are often financed by Techstars, MergeLane, Amplify.LA. The meaningful sponsors for the fund in investment in the same round are Techstars Ventures, Techstars, Morris Wheeler. In the next rounds fund is usually obtained by Amplify.LA, Y Combinator, Pelion Venture Partners.