MState

Summary

In 2017 was created MState, which is appeared as VC. The leading representative office of defined VC is situated in the New City. The company was established in North America in United States.

The fund was created by Ed Sim, Eliot Durbin, Rob Bailey.

The typical case for the fund is to invest in rounds with 7-8 participants. Despite the MState, startups are often financed by Ridge Ventures (Formerly known as IDG Ventures USA), Plug and Play, Parade Ventures. The meaningful sponsors for the fund in investment in the same round are Ridge Ventures (Formerly known as IDG Ventures USA), Parade Ventures, Natalie Diggins. In the next rounds fund is usually obtained by Global Founders Capital, Felicis Ventures, Caffeinated Capital.

The fund has no exact preference in some founders of portfolio startups. When startup sums 5+ of the founder, the probability for it to get the investment is little. We can highlight the next thriving fund investment areas, such as Cyber Security, Cloud Computing. Among the most popular portfolio startups of the fund, we may highlight Blockdaemon, Fireblocks, InCountry. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. Moreover, a startup needs to be at the age of 1 and less years to get the investment from the fund.

Deals in the range of 10 - 50 millions dollars are the general things for fund. The high activity for fund was in 2019. Speaking about the real fund results, this VC is 0 percentage points less often commits exit comparing to other organizations. The fund is constantly included in 2-6 investment rounds annually.