Elevator Fund

Summary

Elevator Fund is the famous VC, which was founded in 2011. The venture was found in Asia in Israel. The main department of described VC is located in the Tel Aviv.

The common things for fund are deals in the range of 1 - 5 millions dollars. Opposing the other organizations, this Elevator Fund works on 22 percentage points less the average amount of lead investments. Speaking about the real fund results, this VC is 10 percentage points less often commits exit comparing to other organizations. The fund is generally included in 2-6 deals every year. The high activity for fund was in 2014.

Among the most popular portfolio startups of the fund, we may highlight Panorays, errnio, Engie. The fund has no exact preference in some founders of portfolio startups. When startup sums 2 or 5+ of the founder, the probability for it to get the investment is little. Besides, a startup requires to be at the age of 2-3 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 - Israel. We can highlight the next thriving fund investment areas, such as SaaS, Financial Services.

The fund was created by Lior Prosor, Ori Glezer, Tamar Lifshitz, Tom Bronfeld. Besides them, we counted 3 critical employees of this fund in our database.

The typical case for the fund is to invest in rounds with 2 participants. Despite the Elevator Fund, startups are often financed by initial.vc, Y Combinator, Uri Levine. The meaningful sponsors for the fund in investment in the same round are NFX, Hillsven Capital, Blumberg Capital. In the next rounds fund is usually obtained by VentureFriends, Spider Capital, SaaS Capital.