New Jersey Economic Development Authority

Type

Venture Capital

Status

Active

Location

Trenton, United States

Total investments

80

Average round size

596K

Portfolio companies

66

Rounds per year

1.60

Lead investments

38

Follow on index

0.17

Exits

17

Stages of investment
Early Stage Venture
Areas of investment
BiotechnologySoftwareInformation TechnologyHealth CareEnterprise SoftwareManufacturingMedicalVideoTelecommunicationsWeb Hosting

Summary

New Jersey Economic Development Authority appeared to be the Corporate Investor, which was created in 1974. The leading representative office of defined Corporate Investor is situated in the Trenton. The company was established in North America in United States.

Besides them, we counted 3 critical employees of this fund in our database.

The top amount of exits for fund were in 2015. The usual things for fund are deals in the range of 5 - 10 millions dollars. The high activity for fund was in 2008. This New Jersey Economic Development Authority works on 7 percentage points less the average amount of lead investments comparing to the other organizations. The real fund results show that this Corporate Investor is 73 percentage points more often commits exit comparing to other companies. The fund is constantly included in 2-6 deals per year.

The standard case for the fund is to invest in rounds with 1-2 partakers. Despite the New Jersey Economic Development Authority, startups are often financed by ff Venture Capital, TVM Capital, Next47. The meaningful sponsors for the fund in investment in the same round are ff Venture Capital, Technology Venture Partners, Rittenhouse Ventures. In the next rounds fund is usually obtained by ff Venture Capital, Technology Venture Partners, Novitas Capital.

Besides, a startup requires to be at the age of 4-5 years to receive the investment from the fund. Among the most popular portfolio startups of the fund, we may highlight VPIsystems, ClassLink, RELDATA, Inc.. The fund has no exact preference in a number of founders of portfolio startups. When startup sums 4 or 5+ of the founder, the probability for it to get the investment is little. Among the most popular fund investment industries, there are Video, Software. For fund there is a match between the location of its establishment and the land of its numerous investments - United States.

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Investor highlights

Industry generalist
Yes
Industry focus
GeneralistBiotech/Life SciencesTelecommunicationsHardwareEnergy
Stage focus
Series ASeries B
Geo focus
United States, New Jersey
Check size
Up to 10M

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Investments analytics

Analytics

Total investments
80
Lead investments
38
Exits
17
Rounds per year
1.60
Follow on index
0.17
Investments by industry
  • Software (24)
  • Health Care (17)
  • Biotechnology (15)
  • Information Technology (13)
  • Manufacturing (13)
  • Show 84 more
Investments by region
  • United States (79)
Peak activity year
2008

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Quantitative data

Avg. startup age at the time of investment
17
Avg. valuation at time of investment
833K
Group Appearance index
0.09
Avg. company exit year
10

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Latest deals

Company name Deal date Industry Deal stage Deal size Location
envoyatHome 04 Aug 2022 Health Care, Hospital, Home Health Care Seed United States, New Jersey
NeuroTrax 30 Dec 2007 Information Technology, Fitness, Health Care Early Stage Venture United States, Texas, Houston

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How we get our data

At Unicorn Nest, we combine cutting-edge technology with human expertise to build one of the most reliable venture capital databases in the market. Our process begins with automated AI-enhanced data collection, leveraging the full potential of Large Language Models (LLMs).

Later, our team of analysts takes it further with manual verification, using proprietary tools for data cleaning and validation to ensure accuracy and reliability. We cross-check and enhance our findings through press and media monitoring, integrating information from trusted news outlets and venture capital aggregators. Finally, we stay ahead of the curve by monitoring social networks like LinkedIn and X.com.