Source Code Capital
320
65M
200
32.00
60
0.37
10
- Stages of investment
- Areas of investment
Summary
In 2014 was created Source Code Capital, which is appeared as VC. The company was established in Asia in China. The leading representative office of defined VC is situated in the Changyang.
The typical case for the fund is to invest in rounds with 2-3 participants. Despite the Source Code Capital, startups are often financed by Shunwei Capital, Matrix Partners China, ZhenFund. The meaningful sponsors for the fund in investment in the same round are Shunwei Capital, Chengwei Capital, Yunqi Partners. In the next rounds fund is usually obtained by Chengwei Capital, Sequoia Capital China, Yunqi Partners.
Among the various public portfolio startups of the fund, we may underline Toutiao, Meituan-Dianping, Qudian For fund there is a match between the country of its foundation and the country of its the most frequent investments - China. We can highlight the next thriving fund investment areas, such as Finance, Internet. The fund has exact preference in a number of founders of portfolio startups. When startup sums 4 of the founder, the probability for it to get the investment is little. Besides, a startup needs to be aged 2-3 years to get the investment from the fund.
The important activity for fund was in 2018. Despite it in 2019 the fund had an activity. Speaking about the real fund results, this VC is 1 percentage points more often commits exit comparing to other organizations. The fund is constantly included in 13-24 investment rounds annually. Opposing the other organizations, this Source Code Capital works on 25 percentage points less the average amount of lead investments. The typical startup value when the investment from Source Code Capital is more than 1 billion dollars. The usual things for fund are deals in the range of 50 - 100 millions dollars. The higher amount of exits for fund were in 2018.
The current fund was established by Cao Yi, Charlie (Yi) Cao. We also calculated 2 valuable employees in our database.
Investments analytics
Analytics
- Total investments
- 320
- Lead investments
- 60
- Exits
- 10
- Rounds per year
- 32.00
- Follow on index
- 0.37
- Investments by industry
- E-Commerce (53)
- Software (44)
- Financial Services (40)
- Artificial Intelligence (37)
- Internet (31) Show 217 more
- Investments by region
-
- China (287)
- Nigeria (3)
- United States (9)
- Mexico (4)
- Singapore (5) Show 2 more
- Peak activity year
- 2021
- Number of Unicorns
- 14
- Number of Decacorns
- 17
- Number of Minotaurs
- 11
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
- 2B
- Group Appearance index
- 0.79
- Avg. company exit year
- 5
- Avg. multiplicator
- 0.03
- Strategy success index
- 0.90
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Latest deals
| Company name | Deal date | Industry | Deal stage | Deal size | Location |
|---|---|---|---|---|---|
| handheld DPM | 19 Oct 2017 | B2B, Marketplace, Building Material | Seed | 3M | Beijing, Beijing, China |
| MU System | 28 Feb 2020 | Software | Seed | 7M | Shanghai, China |
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