Formation 8 Founded 2011
Founders Bon Woong Koo Brian Koo Jim Kim
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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 56
Average round size
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The average size of a deal this fund participated in
$15M
Portfolio companies 56
Rounds per year 5.60
Lead investments 24
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.31
Exits -
Key employees -
Stages of investment
Early Stage Venture
Late Stage Venture
Seed
Areas of investment
Angel Investment
Financial Services
Venture Capital
Summary

Formation 8 appeared to be the VC, which was created in 2011. The fund was located in North America if to be more exact in United States. The main department of described VC is located in the San Francisco.

Among the most successful fund investment fields, there are SaaS, Machine Learning. Moreover, a startup needs to be at the age of 2-3 years to get the investment from the fund. The fund has no specific favorite in a number of founders of portfolio startups. In case when startup counts 4 of the founder, the chance for it to get the investment is meager. Among the most popular portfolio startups of the fund, we may highlight Yello Mobile, Oscar Health Insurance Co., ContextLogic (dba. Wish). For fund there is a match between the location of its establishment and the land of its numerous investments - United States.

The top activity for fund was in 2015. Despite it in 2019 the fund had an activity. Considering the real fund results, this VC is 14 percentage points more often commits exit comparing to other organizations. The fund is constantly included in 13-24 deals per year. Comparing to the other companies, this Formation 8 performs on 16 percentage points less the average number of lead investments. The higher amount of exits for fund were in 2018. The typical startup value when the investment from Formation 8 is 500 millions - 1 billion dollars. The usual things for fund are deals in the range of 10 - 50 millions dollars.

The usual cause for the fund is to invest in rounds with 5-6 partakers. Despite the Formation 8, startups are often financed by ff Venture Capital, Andreessen Horowitz, Y Combinator. The meaningful sponsors for the fund in investment in the same round are Khosla Ventures, General Catalyst, Samsung Ventures. In the next rounds fund is usually obtained by Samsung Ventures, LeFrak, Sway Ventures.

The fund was created by Brian Koo, Joe Lonsdale. Besides them, we counted 21 critical employees of this fund in our database.

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Latest deals
CompanyIndustryRoundRound SizeDateInvestorsLocation
Cazena
Analytics
Big Data
Enterprise Software
Corporate Round
10M24 Jul 2018 United States, Waltham
451 Degrees
Advertising
Analytics
Artificial Intelligence
Big Data
Machine Learning
Natural Language Processing
SEO
Seed
850K01 May 2015 Panama, San Francisco
Cazena
Analytics
Big Data
Enterprise Software
Series B
20M22 Jul 2015 United States, Waltham
Neighborly
Finance
FinTech
GovTech
Impact Investing
IT Infrastructure
Seed
5M15 Sep 2015 Panama, San Francisco
Branch International
Apps
Finance
Financial Services
FinTech
Series A
9M30 Mar 2016 Panama, San Francisco
LearnSprout
Analytics
Big Data
EdTech
Education
Predictive Analytics
Seed
500K23 Apr 2013 Panama, San Francisco
Branch International
Apps
Finance
Financial Services
FinTech
Seed
24 Sep 2015 Panama, San Francisco
Rockit Online
Education
Tutoring
Seed
500K18 Sep 2014 Vietnam, Hanoi
EagerPanda
EdTech
Education
Semantic Search
Social Media
Seed
3M06 Sep 2013 United States, Portola Valley
Glow
Apps
Health Care
InsurTech
Internet
Women's
Series B
17M02 Oct 2014 Panama, San Francisco
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