Slack Fund

Type

CVC

Status

Active

Location

San Francisco, United States

Total investments

96

Average round size

23M

Portfolio companies

65

Rounds per year

8.73

Lead investments

6

Follow on index

0.32

Exits

2

Areas of investment
InternetSoftwareAnalyticsInformation TechnologyArtificial IntelligenceMessagingSaaSCollaborationProductivity ToolsEnterprise Software

Summary

The main office of represented VC is situated in the Daly City. The company was established in North America in United States. Slack Fund appeared to be a CVC structure as part of the corporation.

Moreover, a startup needs to be at the age of 2-3 years to get the investment from the fund. Among the most popular portfolio startups of the fund, we may highlight Pitch, Hone, GRID. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. Among the most popular fund investment industries, there are Enterprise Software, SaaS. The fund has no exact preference in a number of founders of portfolio startups. If startup sums 5+ of the founder, the chance for it to be financed is low.

The overall number of key employees were 8.

Considering the real fund results, this VC is 1 percentage points less often commits exit comparing to other organizations. The fund is constantly included in 7-12 deals per year. The top activity for fund was in 2019. The top amount of exits for fund were in 2019. Deals in the range of 10 - 50 millions dollars are the general things for fund. Opposing the other organizations, this Slack Fund works on 25 percentage points less the average amount of lead investments.

The usual cause for the fund is to invest in rounds with 5-6 partakers. Despite the Slack Fund, startups are often financed by Y Combinator, SV Angel, Slack. The meaningful sponsors for the fund in investment in the same round are First Round Capital, Accel, Salesforce Ventures. In the next rounds fund is usually obtained by Bessemer Venture Partners, Salesforce Ventures, Rise of the Rest.

Show more

Investor highlights

Industry focus
Media/ContentCybersecurityProductivityWellness & FitnessDeveloper Tools
Stage focus
Series APre-SeedSeed
Geo focus
Generalist

Discover reliable insights

Find relevant VC investors, identify key contacts and secure funding opportunities.

Investments analytics

Analytics

Total investments
96
Lead investments
6
Exits
2
Rounds per year
8.73
Follow on index
0.32
Investments by industry
  • Software (76)
  • SaaS (39)
  • Internet (23)
  • Collaboration (15)
  • Enterprise Software (14)
  • Show 95 more
Investments by region
  • United States (83)
  • United Kingdom (4)
  • Canada (3)
  • Germany (1)
  • Iceland (2)
  • Show 2 more
Peak activity year
2020
Number of Unicorns
4
Number of Decacorns
4
Number of Minotaurs
1

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
6
Avg. valuation at time of investment
304M
Group Appearance index
0.95
Avg. company exit year
5
Strategy success index
0.50

Need more data?

Get access to full data about investors, including their team, contact information, and historic data.

Latest deals

Company name Deal date Industry Deal stage Deal size Location
Gatheround 06 Nov 2023 Software Early Stage Venture 8M
Glean 18 May 2022 Internet, Software, Enterprise Software, Search Engine Late Stage Venture 100M United States, California, Palo Alto
How we get our data

At Unicorn Nest, we combine cutting-edge technology with human expertise to build one of the most reliable venture capital databases in the market. Our process begins with automated AI-enhanced data collection, leveraging the full potential of Large Language Models (LLMs).

Later, our team of analysts takes it further with manual verification, using proprietary tools for data cleaning and validation to ensure accuracy and reliability. We cross-check and enhance our findings through press and media monitoring, integrating information from trusted news outlets and venture capital aggregators. Finally, we stay ahead of the curve by monitoring social networks like LinkedIn and X.com.