Ridge Ventures (Formerly known as IDG Ventures USA)

Ridge Ventures (Formerly known as IDG Ventures USA)

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.

Headquarters Location

United States, San Francisco

About

Ridge Ventures (Formerly known as IDG Ventures USA) is a well known and established VC, which was founded in 2007. The the headquarters of this VC is in San Francisco. The fund is located in United States, North America.

The most exits for the fund occurred in 2019. Ridge Ventures (Formerly known as IDG Ventures USA) participates, on average, in 4 percentage points less than the average amount of lead investments in other funds. The average start-up valuation at the time of investment from Ridge Ventures (Formerly known as IDG Ventures USA) is 500 millions - 1 billion dollars. Typical investments for this fund are deals in the range of 10 - 50 millions dollars. In terms of the fund's performance, this VC has 3 percentage points less exits when compared to other organizations. This fund was the most active in 2013. Besides, in 2019 the fund was active. The fund typically enters into 2-6 deals annually.

This VC was founded by Alexander Rosen, Pat Kenealy, Phil Sanderson. Besides the listed founders, we have found 4 key employees of this fund in our database.

The fund has no a preferred number of founders for start-ups that it invests in. If there are 5+ founders in the start-up, the probability of getting the investment is low. We can highlight the most popular investment areas for this fund, such as Software, Mobile. In addition, there are 39 more industries where it has achieved success. Moreover, a start-up needs to be 2-3 years old to get investment from this fund. Among the most popular portfolio start-ups of the fund, are LivingSocial, Discord, Fastly. The country of its foundation and the country of its most frequent investments coincides - United States. Besides this, the fund also invested in 3 other countries.

The usual method for the fund is to invest in rounds with 5-6 other investors. Along with Ridge Ventures (Formerly known as IDG Ventures USA), start-ups are often financed by GV, Foundry Group, Accel as well as 89 other investors. The most common co-investors for the fund are GV, IDG Ventures, Bloomberg Beta and also 99 different VCs. In subsequent rounds, the fund is usually supported by IDG Ventures, Felicis Ventures, Golden Ventures, out of 91 investors from our database.

Year Founded

2007

Fund Activity

Operative

Mail Rule [rules by which you can get an email of an interesting for you fund employee, knowing only the name and surname of this employee]

Domain name: ridge.vc; User name format in descending order of probability: first

Group Appearance [how often fund is operating separately from groups with shared interest]

97.5% of cases

Investments per Year [average amount of rounds in which fund participates each year]

7-12

Follow-on Index [how often fund is ready to support its portfolio startup at next rounds]

30.4% of cases

Average Multiplicator [the average ratio of the last valuation of portfolio startups to their total amount of financing raised]

x6.4

Average Portfolio Company
Exit Age [the average age of portfolio startups at which they go public or become acquired]

4.3 years

Decision Makers / Strategy
Similarity Index [see explanation at unicorn-nest.com/dataset-what-we-tweet-vs-what-we-invest]

0.5 out of 1

Success / Strategy Similarity
Index [the matching between fund's investment strategy and its proved successes in the form of portfolio startups high valuations]

0.35 out of 1

Number of Unicorns [amount of portfolio companies, which were valuated at more then $1B]

3

Funds Investing in Previous
Rounds

GV, Foundry Group, Accel

Funds Investing Together

GV, IDG Ventures, Bloomberg Beta

Funds Investing in Following
Rounds

IDG Ventures, Felicis Ventures, Golden Ventures

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