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Emerald Development Managers

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Investments

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 36
Average round size
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The average size of a deal this fund participated in
$16M
Portfolio companies 24
Rounds per year 1.20
Lead investments 3
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.33
Exits 1
Key employees 1
Stages of investment
Early Stage Venture
Seed

Areas of investment

  • Software
  • Cyber Security
  • Biotechnology
  • Medical
  • Health Care
Summary

The main department of described VC is located in the New York. The venture was found in North America in United States.

Besides them, we counted 1 critical employee of this fund in our database.

When the investment is from Emerald Development Managers the average startup value is 10-50 millions dollars. Considering the real fund results, this VC is 9 percentage points more often commits exit comparing to other organizations. The high activity for fund was in 2019. The usual things for fund are deals in the range of 10 - 50 millions dollars. The fund is constantly included in less than 2 investment rounds annually.

Besides, a startup requires to be at the age of 2-3 years to receive the investment from the fund. Among the most popular fund investment industries, there are Health Care, Biotechnology. The fund has exact preference in some founders of portfolio startups. When startup sums 3 or 5+ of the founder, the probability for it to get the investment is little. Among the most popular portfolio startups of the fund, we may highlight DriverUp, Cyware Labs, Vixiar Medical. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States.

The usual cause for the fund is to invest in rounds with 3-4 partakers. Despite the Emerald Development Managers, startups are often financed by TEDCO, TCP Venture Capital, Robin Hood Ventures. The meaningful sponsors for the fund in investment in the same round are Robin Hood Ventures, RRE Ventures, Great Road Holdings. In the next rounds fund is usually obtained by The Toro Company, SF Capital Group, Robin Hood Ventures.

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Related Funds

Funds investing in previous rounds
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Typical Co-investors
Emerald Development Managers is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Emerald Development Managers:

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Funds with similar focus located in United States:
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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Proscia

Artificial Intelligence
Biotechnology
Medical
Software
$9M13 Mar 2024 Philadelphia, Pennsylvania, United States

ETCH

Chemical
GreenTech
Industrial
$7M25 Jul 2023 Chevy Chase, Maryland, United States

Cyware

Cloud Security
Cyber Security
Information Technology
Security
$30M29 Jun 2023 New York, New York, United States

Transcend Therapeutics

Health Care
$40M23 Feb 2023 Waltham, Massachusetts, United States

Torigen Pharmaceuticals

Biotechnology
Health Care
Veterinary
$13M16 Nov 2022 Farmington, Connecticut, United States

Evolved By Nature

Chemical
$120M28 Jun 2022 Massachusetts, United States

CybSafe

Cyber Security
Network Security
Software
$28M06 Jun 2022 London, England, United Kingdom

Proscia

Artificial Intelligence
Biotechnology
Medical
Software
$36M03 Jun 2022 Philadelphia, Pennsylvania, United States

TrueFort

Cloud Security
Cyber Security
Software
$30M08 Sep 2021 New Jersey, United States
News
TrueFort Closes $30M Series B Round for Zero Trust Platform that Turns Application Intelligence Against Attackers

– TrueFort announced a $30m Series B round of financing led by Shasta Ventures with the participation of Canaan and existing investors Evolution Equity Partners, Lytical Ventures and Emerald Development Managers.
– As part of the financing round, Nitin Chopra, Managing Director at Shasta Ventures, is joining the company’s board of directors.
– The financing will support hiring across the company, expanded go-to-market activities and multiple R&D initiatives, including offerings that help enterprises better manage their application risk posture.
– Traditional security products have focused on protecting underlying IT infrastructure from threats but the success of attackers in executing ransomware, supply chain and phishing attacks show that there are still significant gaps in security coverage.

Babson Diagnostics Raises $31 Million in Series B Funding to Drive Retailization of Customer-First, Convenient, and Highly Accessible Diagnostic Blood Testing

– Babson Diagnostics announced a $31m Series B financing round.
– The round was led by Emerald Development Managers with participation from Siemens Healthineers, Prism Ventures, and Lago Consulting Group.
– Babson Diagnostics is a transformative medical technology company improving customer access to diagnostic blood testing.
– Babson intends to use the Series B funding to expand its laboratory and ecosystem infrastructure, finalize its blood testing solution development, and grow its sales and marketing teams.
– Neil Cohen, founder and chairman of Emerald Development Managers, will join the company’s board of directors.

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Total investments 36
Average round size 16M
Rounds per year 1.20
Peak activity year 2022
Lead investments 3
Follow on index 0.33
Exits 1
Group Appearance index 0.81

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Proscia

Artificial Intelligence
Biotechnology
Medical
Software
$9M13 Mar 2024 Philadelphia, Pennsylvania, United States

ETCH

Chemical
GreenTech
Industrial
$7M25 Jul 2023 Chevy Chase, Maryland, United States

Cyware

Cloud Security
Cyber Security
Information Technology
Security
$30M29 Jun 2023 New York, New York, United States

Transcend Therapeutics

Health Care
$40M23 Feb 2023 Waltham, Massachusetts, United States

Torigen Pharmaceuticals

Biotechnology
Health Care
Veterinary
$13M16 Nov 2022 Farmington, Connecticut, United States

Evolved By Nature

Chemical
$120M28 Jun 2022 Massachusetts, United States

CybSafe

Cyber Security
Network Security
Software
$28M06 Jun 2022 London, England, United Kingdom

Proscia

Artificial Intelligence
Biotechnology
Medical
Software
$36M03 Jun 2022 Philadelphia, Pennsylvania, United States

TrueFort

Cloud Security
Cyber Security
Software
$30M08 Sep 2021 New Jersey, United States
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