Grotech Ventures - Unicorn Nest

Grotech Ventures

Grotech Ventures

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Headquarters Location

United States, Vienna

About

Grotech Ventures is the renowned VC, which was created in 1984. The fund is located in United States, North America. The primary office of this VC is located in Vienna.

The fund was created by Frank Adams. We also identified another 6 core personnel in our database.

Also, a start-up has to be aged 4-5 years to expect investment from this fund. The fund has no specific requirements for the number of founders in a start-up. When a start-up has 5+ founders, the probability of closing the deal is low. LivingSocial, BroadSoft, Optoro are amongst the various portfolio companies of this fund. The country of its establishment and the country of its most frequent investments coincides - United States. We can highlight the most popular investment areas for this fund, such as Enterprise Software, Security. In addition, there are 24 more industries where it has achieved success.

The fund generally invests in 7-12 deals every year. In comparison with other funds, Grotech Ventures makes 8 percentage points less than the average number of lead investments. In terms of the fund's performance, this VC has 27 percentage points more exits when compared to other organizations. The fund's activity peaked in 2014. Additionally, in 2019 the fund was active. The highest number of exits from this fund were in 2017. Deals in the range of 10 - 50 millions dollars are most common for this fund. At the time of investment by Grotech Ventures, a typical start-up valuation would be 100-500 millions dollars.

The usual method for the fund is to invest in rounds with 3-4 other investors. Aside from Grotech Ventures, start-ups are often funded by Intersouth Partners, Harbert Growth Partners, Service Provider Capital and 98 other funds. The most common co-investors for the fund are Intersouth Partners, Boulder Ventures, Service Provider Capital and also 107 different VCs. In subsequent rounds, the fund is usually joined by Revolution, Rally Ventures, 7wire Ventures, as well as 70 other investors.

Year Founded

1984

Fund Activity

Operative

Mail Rule [rules by which you can get an email of an interesting for you fund employee, knowing only the name and surname of this employee]

Domain name: grotech.com; User name format in descending order of probability: first_initial last, first last, last first_initial, first, first last_initial

Group Appearance [how often fund is operating separately from groups with shared interest]

98.9% of cases

Investments per Year [average amount of rounds in which fund participates each year]

4-6

Follow-on Index [how often fund is ready to support its portfolio startup at next rounds]

34.7% of cases

Average Multiplicator [the average ratio of the last valuation of portfolio startups to their total amount of financing raised]

x14

Average Portfolio Company
Exit Age [the average age of portfolio startups at which they go public or become acquired]

5.7 years

Success / Strategy Similarity
Index [the matching between fund's investment strategy and its proved successes in the form of portfolio startups high valuations]

0.35 out of 1

Number of Unicorns [amount of portfolio companies, which were valuated at more then $1B]

3

Funds Investing in Following
Rounds

Revolution, Rally Ventures, 7wire Ventures

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