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Ice Angels

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Investments

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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.

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Total investments 16
Average round size
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The average size of a deal this fund participated in
$1M
Portfolio companies 14
Rounds per year 0.94
Lead investments 4
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.12
Exits 1
Key employees 7
Stages of investment
Early Stage Venture
Seed

Areas of investment

  • Apps
  • Software
  • Mobile Apps
  • Internet
  • Telecommunications
Summary

Ice Angels is the famous VC, which was founded in 2003. The main office of represented VC is situated in the Auckland. The company was established in Australia.

The overall number of key employees were 7.

Among the various public portfolio startups of the fund, we may underline Jasper, Wipster, Cove The fund has no exact preference 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. Moreover, a startup needs to be at the age of 4-5 years to get the investment from the fund. Among the most popular fund investment industries, there are Biotechnology, Information Technology. For fund there is a match between the country of its foundation and the country of its the most frequent investments - New Zealand.

Deals in the range of 1 - 5 millions dollars are the general things for fund. The fund is constantly included in less than 2 deals per year. Opposing the other organizations, this Ice Angels works on 18 percentage points less the average amount of lead investments. The increased amount of exits for fund were in 2007. Speaking about the real fund results, this VC is 9 percentage points less often commits exit comparing to other organizations. When the investment is from Ice Angels the average startup value is 1-5 millions dollars. The important activity for fund was in 2015. Despite it in 2019 the fund had an activity.

The usual cause for the fund is to invest in rounds with 4-5 partakers. Despite the Ice Angels, startups are often financed by Temasek Holdings, TJK NZ LIMITED, Sparkbox Ventures. The meaningful sponsors for the fund in investment in the same round are New Zealand Venture Investment Fund, AngelHQ, K1W1. In the next rounds fund is usually obtained by Telesystem Ltd., Keiretsu Capital, Enterprise Angels.

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Related Funds

Funds investing in previous rounds
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Ice Angels is more likely to invest in rounds together with the following funds:
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Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Ice Angels:
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Funds with similar focus

Funds from New Zealand
Funds with similar focus located in New Zealand:
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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Cove

Apps
Communities
Financial Services
FinTech
Hospitality
Insurance
InsurTech
Internet
Location Based Services
Music
Property Management
Real Estate
Rental
Rental Property
Residential
$1M01 Aug 2018 Auckland, New Zealand

Spoke Phone

Mobile
Mobile Apps
Software
Telecommunications
VoIP
$1M30 Apr 2018 Auckland, Auckland, New Zealand

Nyriad

Computer
Data Storage
Flash Storage
Software
$8M06 Feb 2018 San Jose, California, United States

Parcelport

Courier Service
E-Commerce
Logistics
Payments
$386K24 Nov 2017 Auckland, New Zealand

Upside Biotechnologies

Biotechnology
Pharmaceutical
Therapeutics
$1M21 Mar 2017 Auckland, Auckland, New Zealand

Shuttlerock

Advertising
Advertising Platforms
Apps
Content Marketing
Facebook
Mobile Apps
Social Media Marketing
Video
Video Advertising
$1M26 Sep 2016 Nelson, New Zealand

Spoke Phone

Mobile
Mobile Apps
Software
Telecommunications
VoIP
$1M15 Jun 2016 Auckland, New Zealand

Designer Wardrobe

E-Commerce
Fashion
Marketplace
Shopping
Women's
$483K03 Sep 2015 Auckland, New Zealand

Parrot Analytics

Analytics
Artificial Intelligence
Big Data
Content Discovery
Enterprise Software
Film
Internet
Machine Learning
Media and Entertainment
TV
$5M19 Dec 2014 California, United States

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Total investments 16
Average round size 1M
Rounds per year 0.94
Peak activity year 2018
Lead investments 4
Follow on index 0.12
Exits 1
Group Appearance index 0.94

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Cove

Apps
Communities
Financial Services
FinTech
Hospitality
Insurance
InsurTech
Internet
Location Based Services
Music
Property Management
Real Estate
Rental
Rental Property
Residential
$1M01 Aug 2018 Auckland, New Zealand

Spoke Phone

Mobile
Mobile Apps
Software
Telecommunications
VoIP
$1M30 Apr 2018 Auckland, Auckland, New Zealand

Nyriad

Computer
Data Storage
Flash Storage
Software
$8M06 Feb 2018 San Jose, California, United States

Parcelport

Courier Service
E-Commerce
Logistics
Payments
$386K24 Nov 2017 Auckland, New Zealand

Upside Biotechnologies

Biotechnology
Pharmaceutical
Therapeutics
$1M21 Mar 2017 Auckland, Auckland, New Zealand

Shuttlerock

Advertising
Advertising Platforms
Apps
Content Marketing
Facebook
Mobile Apps
Social Media Marketing
Video
Video Advertising
$1M26 Sep 2016 Nelson, New Zealand

Spoke Phone

Mobile
Mobile Apps
Software
Telecommunications
VoIP
$1M15 Jun 2016 Auckland, New Zealand

Designer Wardrobe

E-Commerce
Fashion
Marketplace
Shopping
Women's
$483K03 Sep 2015 Auckland, New Zealand

Parrot Analytics

Analytics
Artificial Intelligence
Big Data
Content Discovery
Enterprise Software
Film
Internet
Machine Learning
Media and Entertainment
TV
$5M19 Dec 2014 California, United States
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