Section 32

Summary

In 2017 was created Section 32, which is appeared as VC. The leading representative office of defined VC is situated in the San Diego. The company was established in North America in United States.

Among the most popular portfolio startups of the fund, we may highlight Coinbase, Auris Health, Inc., Lime. The fund has no specific favorite in a number of founders of portfolio startups. In case when startup counts 5+ of the founder, the chance for it to get the investment is meager. Among the most popular fund investment industries, there are Software, Medical. Besides, a startup needs to be aged 4-5 years to get the investment from the fund. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States.

The usual cause for the fund is to invest in rounds with 6-7 partakers. Despite the Section 32, startups are often financed by Founders Fund, Polaris Partners, Lux Capital. The meaningful sponsors for the fund in investment in the same round are Andreessen Horowitz, Verily, GV. In the next rounds fund is usually obtained by Andreessen Horowitz, GV, Y Combinator.

The fund was created by Bill Maris. We also calculated 2 valuable employees in our database.

Opposing the other organizations, this Section 32 works on 20 percentage points less the average amount of lead investments. The increased amount of exits for fund were in 2019. The common things for fund are deals in the range of 50 - 100 millions dollars. When the investment is from Section 32 the average startup value is 500 millions - 1 billion dollars. The fund is generally included in 7-12 deals every year. The top activity for fund was in 2019. Considering the real fund results, this VC is 7 percentage points less often commits exit comparing to other organizations.