Meritage Funds

Summary

In 1998 was created Meritage Funds, which is appeared as VC. The company was established in North America in United States. The leading representative office of defined VC is situated in the Denver.

Opposing the other organizations, this Meritage Funds works on 13 percentage points less the average amount of lead investments. Speaking about the real fund results, this VC is 7 percentage points more often commits exit comparing to other organizations. The typical startup value when the investment from Meritage Funds is 100-500 millions dollars. The top activity for fund was in 2008. Despite it in 2019 the fund had an activity. The higher amount of exits for fund were in 2009. The fund is generally included in less than 2 deals every year. The common things for fund are deals in the range of 10 - 50 millions dollars.

The standard case for the fund is to invest in rounds with 3-4 partakers. Despite the Meritage Funds, startups are often financed by Sweetwater Capital, Centennial Ventures, Bank of Montreal (BMO). The meaningful sponsors for the fund in investment in the same round are Centennial Ventures, Sweetwater Capital, Stolberg Equity Partners. In the next rounds fund is usually obtained by Centennial Ventures, Intel Capital, Charterhouse Strategic Partners.

The current fund was established by David Solomon, Jack Tankersley. We also calculated 6 valuable employees in our database.

The fund has exact preference in a number of founders of portfolio startups. If startup sums 4 or 5+ of the founder, the chance for it to be financed is low. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. We can highlight the next thriving fund investment areas, such as Information Services, Internet. Besides, a startup requires to be at the age of 6-10 years to receive the investment from the fund. Among the most popular portfolio startups of the fund, we may highlight NuVox, IP Commerce, Faction.