Grotech Ventures

Summary

Grotech Ventures appeared to be the VC, which was created in 1984. 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 Vienna.

The usual cause for the fund is to invest in rounds with 3-4 partakers. Despite the Grotech Ventures, startups are often financed by Intersouth Partners, Harbert Growth Partners, Service Provider Capital. The meaningful sponsors for the fund in investment in the same round are Intersouth Partners, Boulder Ventures, Service Provider Capital. In the next rounds fund is usually obtained by Revolution, Rally Ventures, 7wire Ventures.

The fund has no specific favorite in a number of founders of portfolio startups. When startup sums 5+ of the founder, the probability for it to get the investment is little. For fund there is a match between the location of its establishment and the land of its numerous investments - United States. Among the various public portfolio startups of the fund, we may underline LivingSocial, BroadSoft, Optoro We can highlight the next thriving fund investment areas, such as Enterprise Software, Security. Besides, a startup needs to be aged 4-5 years to get the investment from the fund.

The higher amount of exits for fund were in 2017. The typical startup value when the investment from Grotech Ventures is 100-500 millions dollars. Comparing to the other companies, this Grotech Ventures performs on 8 percentage points less the average number of lead investments. The fund is generally included in 7-12 deals every year. Speaking about the real fund results, this VC is 27 percentage points more often commits exit comparing to other organizations. The high activity for fund was in 2014. Despite it in 2019 the fund had an activity. Deals in the range of 10 - 50 millions dollars are the general things for fund.

The fund was created by Frank Adams. We also calculated 6 valuable employees in our database.