Flight Ventures

Summary

Flight Ventures is the famous VC, which was founded in 2013. The venture was found in North America in United States. The main office of represented VC is situated in the San Francisco.

The usual cause for the fund is to invest in rounds with 7-8 partakers. Despite the Flight Ventures, startups are often financed by Fabrice Grinda, Sherpa Capital, Daniel Curran. The meaningful sponsors for the fund in investment in the same round are Gil Penchina, FundersClub, Fabrice Grinda. In the next rounds fund is usually obtained by Daniel Curran, Ludlow Ventures, Gil Penchina.

Besides, a startup requires to be at the age of 2-3 years to receive the investment from the fund. Among the most popular portfolio startups of the fund, we may highlight Cruise Automation, Dollar Shave Club, Rent the Runway. The fund has exact preference in a number of founders of portfolio startups. When startup sums 1 or 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. Among the most successful fund investment fields, there are Service Industry, Mobile Apps.

The increased amount of exits for fund were in 2019. The fund is constantly included in 7-12 investment rounds annually. Deals in the range of 10 - 50 millions dollars are the general things for fund. The real fund results show that this VC is 8 percentage points less often commits exit comparing to other companies. The important activity for fund was in 2015. This Flight Ventures works on 12 percentage points less the average amount of lead investments comparing to the other organizations. When the investment is from Flight Ventures the average startup value is 100-500 millions dollars.

This organization was formed by Alec Hsu, Gil Penchina, Shawn Merani. The overall number of key employees were 5.