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L37 Venture Partners

Founders Kemal Farid Randall Ussery

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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 10
Average round size
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The average size of a deal this fund participated in
$7M
Portfolio companies 7
Rounds per year 3.33
Lead investments 3
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.30
Key employees Soon

Areas of investment

  • Sports
  • Software
  • Specialty Retail
  • Electric Vehicle
  • Electronics (B2C)

Related Funds

Funds investing in previous rounds
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Typical Co-investors
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Funds investing in following rounds
These funds have a tendency to invest in the following rounds after L37 Venture Partners:
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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Nalu Bio

Biotechnology
$12M28 Feb 2023 San Francisco, California, United States

Appalachia Made

Sports
10 Dec 2021 -

Data Gumbo

Blockchain
Industrial Automation
Information Technology
Oil and Gas
Software
$7M04 Aug 2021 Houston, Texas, United States

Scepter Inc

Big Data
CleanTech
Satellite Communication
04 Jun 2021 San Francisco, California, United States

Porter Road Butcher

Food and Beverage
Retail
Retail Technology
Shopping
$10M08 Mar 2021 Nashville, Tennessee, United States

Nalu Bio

Biotechnology
07 Jan 2021 San Francisco, California, United States

Pure Watercraft

Electric Vehicle
Electronics (B2C)
GreenTech
Marine
Recreational Goods
Specialty Retail
Sports
$14M18 Dec 2020 Seattle, Washington, United States

Data Gumbo

Blockchain
Industrial Automation
Information Technology
Oil and Gas
Software
$4M24 Sep 2020 Houston, Texas, United States

Pure Watercraft

Electric Vehicle
Electronics (B2C)
GreenTech
Marine
Recreational Goods
Specialty Retail
Sports
$23M22 Sep 2020 Seattle, Washington, United States
News
Data Gumbo Completes $7.7M Series B Round

– Data Gumbo, provider of GumboNet™ – the massively interconnected industrial smart contract network secured and powered by blockchain, today announced that it has closed its Series B funding round totaling $7.7 million.
– The investments were led by Equinor Ventures, the corporate venture capital arm of Equinor, with participation from Saudi Aramco Energy Ventures, the corporate venture capital fund of Saudi Aramco, and Bay Area and Houston-based venture firm L37.
– Data Gumbo is a technology company that provides GumboNet™ – a massively interconnected industrial smart contract network secured and powered by blockchain.

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Total investments 10
Average round size 7M
Rounds per year 3.33
Peak activity year 2021
Lead investments 3
Follow on index 0.30
Group Appearance index 0.70

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Nalu Bio

Biotechnology
$12M28 Feb 2023 San Francisco, California, United States

Appalachia Made

Sports
10 Dec 2021 -

Data Gumbo

Blockchain
Industrial Automation
Information Technology
Oil and Gas
Software
$7M04 Aug 2021 Houston, Texas, United States

Scepter Inc

Big Data
CleanTech
Satellite Communication
04 Jun 2021 San Francisco, California, United States

Porter Road Butcher

Food and Beverage
Retail
Retail Technology
Shopping
$10M08 Mar 2021 Nashville, Tennessee, United States

Nalu Bio

Biotechnology
07 Jan 2021 San Francisco, California, United States

Pure Watercraft

Electric Vehicle
Electronics (B2C)
GreenTech
Marine
Recreational Goods
Specialty Retail
Sports
$14M18 Dec 2020 Seattle, Washington, United States

Data Gumbo

Blockchain
Industrial Automation
Information Technology
Oil and Gas
Software
$4M24 Sep 2020 Houston, Texas, United States

Pure Watercraft

Electric Vehicle
Electronics (B2C)
GreenTech
Marine
Recreational Goods
Specialty Retail
Sports
$23M22 Sep 2020 Seattle, Washington, United States
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