Element 8

Summary

In 2006 was created Element 8, which is appeared as Corporate Investor. The company was established in North America in United States. The main office of represented Corporate Investor is situated in the Seattle.

Among the most popular portfolio startups of the fund, we may highlight OneEnergy Renewables, APANA, EnergySavvy. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. The fund has specific favorite in a number of founders of portfolio startups. In case when startup counts 4 or 5+ of the founder, the chance for it to get the investment is meager. Among the most popular fund investment industries, there are Software, Renewable Energy. Besides, a startup requires to be at the age of 2-3 years to receive the investment from the fund.

The high activity for fund was in 2016. The common things for fund are deals in the range of 1 - 5 millions dollars. The fund is generally included in less than 2 deals every year. Speaking about the real fund results, this Corporate Investor is 14 percentage points less often commits exit comparing to other organizations. The higher amount of exits for fund were in 2019. Comparing to the other companies, this Element 8 performs on 23 percentage points less the average number of lead investments.

The typical case for the fund is to invest in rounds with 3-4 participants. Despite the Element 8, startups are often financed by US Department of Energy, NYSERDA, Founders' Co-op. The meaningful sponsors for the fund in investment in the same round are Founders' Co-op, Wireframe Ventures, Techstars Ventures. In the next rounds fund is usually obtained by Prelude Ventures, LLC, Portland Seed Fund, Evergy Ventures.