Longitude Capital

Longitude Capital

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Headquarters Location

United States, Menlo Park

About

Longitude Capital is the renowned VC, which was created in 2006. The the headquarters of this VC is in Menlo Park. The fund is located in United States, North America.

The fund usually invests in rounds together with 5-6 others. Aside from Longitude Capital, start-ups are often funded by Kleiner Perkins, The Carlyle Group, TVM Capital and 61 other funds. The most common co-investors for the fund are RA Capital Management, OrbiMed, Kleiner Perkins and also 61 different VCs. In subsequent rounds, the fund is usually joined by RA Capital Management, Rock Springs Capital, Kleiner Perkins, as well as 31 other investors.

Among their most successful investment fields, we have identified Health Diagnostics, Therapeutics. Also, because of its portfolio diversification tendency, we can highlight 11 more industries for this fund. Alphaeon, CardioDx, SutroVax are among the most popular portfolio start-ups of the fund. The country of its establishment and the country of its most frequent investments coincides - United States. However, start-ups from 2 other countries can be found in the fund's portfolio. The fund has a preferred number of founders for start-ups that it invests in. When a start-up has 5+ founders, the probability of closing the deal is low. The average start-up age at the time of investment by this fund is 6-10.

The fund performance shows that this VC achieves 23 percentage points more exits in comparison to other VCs. The most common rounds for this fund are in the range of 10 - 50 millions dollars. The fund typically enters into 2-6 deals annually. Longitude Capital is involved in 1 percentage points less than the average amount of lead investments when compared with other funds. The fund's activity peaked in 2015. In addition, the fund was active in 2019. We recorded the biggest number of exits for this fund in 2018. When Longitude Capital invests, the average start-up valuation is 500 millions - 1 billion dollars.

The fund was established by Marc Galletti, Patrick Enright. We also identified another 7 core personnel in our database.

Year Founded

2006

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: longitudecapital.com; User name format in descending order of probability: first_initial last, last

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

100.0% 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]

24.3% of cases

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

x6.5

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

2 years

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

0.38 out of 1

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

1

Funds Investing in Previous
Rounds

Kleiner Perkins, The Carlyle Group, TVM Capital

Funds Investing in Following
Rounds

RA Capital Management, Rock Springs Capital, Kleiner Perkins

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