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Procom Venture

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 1
Average round size
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The average size of a deal this fund participated in
$4M
Portfolio companies 1
Rounds per year 0.05
Lead investments 0
Key employees 4
Stages of investment
Early Stage Venture

Areas of investment

  • Real Time
  • Software
  • Asset Management
Summary

Procom Venture appeared to be the VC, which was created in 2002. The fund was located in Europe if to be more exact in Norway. The leading representative office of defined VC is situated in the Stavanger.

Besides them, we counted 4 critical employees of this fund in our database.

Deals in the range of 1 - 5 millions dollars are the general things for fund. The high activity for fund was in 2010. The fund is constantly included in less than 2 deals per year.

Besides, a startup needs to be aged 4-5 years to get the investment from the fund. We can highlight the next thriving fund investment areas, such as Asset Management, Software. Among the most popular portfolio startups of the fund, we may highlight Wirescan. For fund there is a match between the country of its foundation and the country of its the most frequent investments - Norway.

The usual cause for the fund is to invest in rounds with 2 partakers. The meaningful sponsors for the fund in investment in the same round are Next47. In the next rounds fund is usually obtained by Next47.

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Typical Co-investors
Procom Venture is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Procom Venture:

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Funds from Norway
Funds with similar focus located in Norway:
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Funds with similar geography of portfolio companies:
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Funds with similar focus acting as lead investors:

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Total investments 1
Average round size 4M
Rounds per year 0.05
Peak activity year 2010
Lead investments 0
Group Appearance index 1.00
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