Providence Strategic Growth
87
36M
62
9.67
37
0.29
10
- Stages of investment
- Areas of investment
Summary
Providence Strategic Growth appeared to be the VC, which was created in 2016. The fund was located in North America if to be more exact in United States. The main department of described VC is located in the Providence.
The fund has no exact preference in some founders of portfolio startups. When startup sums 3 or 4 of the founder, the probability for it to get the investment is little. We can highlight the next thriving fund investment areas, such as Network Security, Enterprise Software. Besides, a startup needs to be aged 6-10 years to get the investment from the fund. For fund there is a match between the location of its establishment and the land of its numerous investments - United States. Among the various public portfolio startups of the fund, we may underline Skybox Security, Conversica, Impact Technologies
This Providence Strategic Growth works on 19 percentage points less the average amount of lead investments comparing to the other organizations. The important activity for fund was in 2019. The common things for fund are deals in the range of 10 - 50 millions dollars. The higher amount of exits for fund were in 2019. Speaking about the real fund results, this VC is 50 percentage points more often commits exit comparing to other organizations. The fund is generally included in 2-6 deals every year.
The overall number of key employees were 9.
The usual cause for the fund is to invest in rounds with 1-2 partakers. Despite the Providence Strategic Growth, startups are often financed by Providence Equity Partners, Kennet Partners, Toba Capital. The meaningful sponsors for the fund in investment in the same round are Providence Equity Partners, Toba Capital, Kennet Partners. In the next rounds fund is usually obtained by Toba Capital, Savano Capital, Pantheon Ventures.
Investments analytics
Analytics
- Total investments
- 87
- Lead investments
- 37
- Exits
- 10
- Rounds per year
- 9.67
- Follow on index
- 0.29
- Investments by industry
- Software (48)
- SaaS (25)
- Information Technology (22)
- Enterprise Software (13)
- E-Commerce (11) Show 108 more
- Investments by region
-
- United States (63)
- Israel (6)
- Canada (6)
- France (4)
- Denmark (1) Show 4 more
- Peak activity year
- 2021
- Number of Unicorns
- 2
- Number of Decacorns
- 2
Discover reliable insights
Leverage validated data, identify key contacts and secure funding opportunities for your business.Quantitative data
- Avg. startup age at the time of investment
- 10
- Avg. valuation at time of investment
- 53M
- Group Appearance index
- 0.48
- Avg. company exit year
- 9
- Avg. multiplicator
- 1.14
- Strategy success index
- 0.60
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Latest deals
| Company name | Deal date | Industry | Deal stage | Deal size | Location |
|---|---|---|---|---|---|
| Beti | 16 Nov 2022 | Software, Information Technology, Construction, Cloud Management, Legal Tech | Early Stage Venture | 11M | Tel Aviv, Tel Aviv, Israel |
| SevenRooms | 25 Jun 2020 | Business/Productivity Software, Social/Platform Software, Restaurants and Bars, SaaS, Restaurants, Reservations, Hospitality, Hotel | Early Stage Venture | 50M | United States, New York |
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