Western Development Commission

Summary

Western Development Commission is the famous Corporate Investor, which was founded in 1998. The leading representative office of defined Corporate Investor is situated in the Ballaghaderreen. The venture was found in Europe in Ireland.

The usual things for fund are deals in the range of 1 - 5 millions dollars. The fund is constantly included in less than 2 investment rounds annually. The increased amount of exits for fund were in 2017. The important activity for fund was in 2018. Despite it in 2019 the fund had an activity. This Western Development Commission works on 8 percentage points less the average amount of lead investments comparing to the other organizations. Speaking about the real fund results, this Corporate Investor is 13 percentage points less often commits exit comparing to other organizations.

The typical case for the fund is to invest in rounds with 3-4 participants. Despite the Western Development Commission, startups are often financed by ic@3401, Fountain Healthcare Partners, Enterprise Ireland. The meaningful sponsors for the fund in investment in the same round are Enterprise Ireland, Enterprise Equity, Fountain Healthcare Partners. In the next rounds fund is usually obtained by IPF Partners, European Innovation Council, European Commission.

The fund has no specific favorite in a number of founders of portfolio startups. If startup sums 4 or 5+ of the founder, the chance for it to be financed is low. For fund there is a match between the location of its establishment and the land of its numerous investments - Ireland. Moreover, a startup needs to be at the age of 4-5 years to get the investment from the fund. We can highlight the next thriving fund investment areas, such as Medical, Health Care. Among the most popular portfolio startups of the fund, we may highlight Embo Medical, Kelsius, Bluedrop Medical.