Flight Ventures Founded 2013
Founders Alec Hsu Gil Penchina Shawn Merani
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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.
Total investments 41
Average round size
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The average size of a deal this fund participated in
$7M
Portfolio companies 41
Rounds per year 5.12
Lead investments 5
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.05
Exits -
Key employees -
Stages of investment
Early Stage Venture
Late Stage Venture
Seed
Areas of investment
Venture Capital
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.

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Latest deals
CompanyIndustryRoundRound SizeDateInvestorsLocation
Oliver
Consulting
Government
Service Industry
Seed
775K01 Jun 2016 United States, New York
Soothe
Personal Health
Therapeutics
Wellness
Seed
1M11 Feb 2015 United States, Los Angeles
UXPin
Computer
Information Technology
Project Management
Software
Seed
700K16 Oct 2013 United States, Mountain View
CARD.com
Banking
Credit
FinTech
Mobile
Payments
Series A
3M05 Dec 2013 United States, San Ramon
Cruise
Automotive
Autonomous Vehicles
Robotics
Software
Transportation
Series A
12M18 Sep 2015 Panama, San Francisco
Upworthy
Digital Media
Publishing
Social Media
Series A
8M16 Sep 2013 United States, New York
Pared
Food and Beverage
Marketplace
Restaurants
Service Industry
Seed
3M28 Feb 2017 Panama, San Francisco
Pana
Apps
Mobile
Software
Tourism
Travel
Seed
1M25 Aug 2015 United States, Denver
Blockstream
Bitcoin
Computer
Cryptocurrency
Data Storage
FinTech
Seed
21M17 Nov 2014 Malaysia, Victoria
GoCoin
Bitcoin
FinTech
Mobile Payments
Seed
550K07 Nov 2013 United States, San Jose
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