First Ascent Ventures
26
26M
19
2.89
3
0.27
5
- Stages of investment
- Areas of investment
Summary
In 2015 was created First Ascent Ventures, which is appeared as VC. The main office of represented VC is situated in the Toronto. The venture was found in North America in Canada.
Considering the real fund results, this VC is 24 percentage points more often commits exit comparing to other organizations. The higher amount of exits for fund were in 2019. The important activity for fund was in 2018. The fund is constantly included in less than 2 deals per year. The usual things for fund are deals in the range of 10 - 50 millions dollars.
Besides them, we counted 2 critical employees of this fund in our database.
The typical case for the fund is to invest in rounds with 5-6 participants. Despite the First Ascent Ventures, startups are often financed by Summerhill Venture Partners, Plaza Ventures, Mistral Venture Partners. The meaningful sponsors for the fund in investment in the same round are Information Venture Partners, Volition Capital, Royal Bank of Canada. In the next rounds fund is usually obtained by Information Venture Partners, Espresso Capital, Warburg Pincus.
The fund has no exact preference in some 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. Besides, a startup needs to be aged 6-10 years to get the investment from the fund. We can highlight the next thriving fund investment areas, such as Business Intelligence, SaaS. For fund there is a match between the country of its foundation and the country of its the most frequent investments - Canada. Among the most popular portfolio startups of the fund, we may highlight Assent Compliance, Sensibill, ScribbleLive.
Investments analytics
Analytics
- Total investments
- 26
- Lead investments
- 3
- Exits
- 5
- Rounds per year
- 2.89
- Follow on index
- 0.27
- Investments by industry
- Software (15)
- SaaS (10)
- Enterprise Software (7)
- Big Data (6)
- Artificial Intelligence (6) Show 43 more
- Investments by region
-
- Canada (18)
- United States (8)
- Peak activity year
- 2016
- Number of Unicorns
- 1
- Number of Decacorns
- 1
- Number of Minotaurs
- 1
Discover reliable insights
Leverage validated data, identify key contacts and secure funding opportunities for your business.Quantitative data
- Avg. startup age at the time of investment
- 9
- Avg. valuation at time of investment
- 170M
- Group Appearance index
- 0.96
- Avg. company exit year
- 8
- Avg. multiplicator
- 0.60
- Strategy success index
- 0.60
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Latest deals
| Company name | Deal date | Industry | Deal stage | Deal size | Location |
|---|---|---|---|---|---|
| Astronomer | 12 Jul 2017 | Analytics, Enterprise Software, Big Data, Data Integration, Cloud Computing | Seed | 3M | United States, Ohio, Cincinnati |
| Thentia | 25 Jan 2024 | Software, Robotics | Early Stage Venture | 38M | Ontario, Old Toronto, Canada |
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