Presence Capital

Summary

In 2015 was created Presence Capital, which is appeared as VC. The venture was found in North America in United States. The main department of described VC is located in the San Francisco.

The fund is constantly included in 7-12 deals per year. This Presence Capital works on 20 percentage points less the average amount of lead investments comparing to the other organizations. Speaking about the real fund results, this VC is 13 percentage points less often commits exit comparing to other organizations. The typical startup value when the investment from Presence Capital is 5-10 millions dollars. The top activity for fund was in 2016. Despite it in 2019 the fund had an activity. The common things for fund are deals in the range of 5 - 10 millions dollars. The increased amount of exits for fund were in 2018.

For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. 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. Among the various public portfolio startups of the fund, we may underline Fyusion, Meta View, Sandbox VR Among the most successful fund investment fields, there are Machine Learning, Software. Besides, a startup requires to be at the age of 2-3 years to receive the investment from the fund.

The typical case for the fund is to invest in rounds with 5-6 participants. Despite the Presence Capital, startups are often financed by Y Combinator, SOSV, National Science Foundation. The meaningful sponsors for the fund in investment in the same round are Colopl Next, The Venture Reality Fund, Signia Venture Partners. In the next rounds fund is usually obtained by CRCM Ventures, Youku Global Media Fund, Upfront Ventures.

The fund was created by Amitt Mahajan, Paul Bragiel, Phil Chen. We also calculated 3 valuable employees in our database.