Novator

Summary

The company was established in Europe in United Kingdom. The leading representative office of defined VC is situated in the London.

The fund was created by Thor Bjorgolfsson. Besides them, we counted 2 critical employees of this fund in our database.

The fund has exact preference in a number of founders of portfolio startups. If startup sums 1 or 5+ of the founder, the chance for it to be financed is low. Among the most popular portfolio startups of the fund, we may highlight Zwift, Rebag, Verne Global. Besides, a startup requires to be at the age of 6-10 years to receive the investment from the fund. For fund there is no match between the country of its foundation and the country of its the most frequent investments - Iceland. We can highlight the next thriving fund investment areas, such as Peer to Peer, Content.

This Novator works on 11 percentage points less the average amount of lead investments comparing to the other organizations. The typical startup value when the investment from Novator is 1-5 millions dollars. Deals in the range of 10 - 50 millions dollars are the general things for fund. The higher amount of exits for fund were in 2018. The fund is constantly included in 2-6 deals per year. The important activity for fund was in 2019. Considering the real fund results, this VC is 25 percentage points more often commits exit comparing to other organizations.

The typical case for the fund is to invest in rounds with 3-4 participants. Despite the Novator, startups are often financed by LVP, General Catalyst, FJ Labs. The meaningful sponsors for the fund in investment in the same round are Makers Fund, General Catalyst, Firstminute Capital. In the next rounds fund is usually obtained by Technology Development Fund, Ion Pacific, Northzone.