Western Technology Investment - Unicorn Nest

Western Technology Investment

Western Technology Investment

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Headquarters Location

United States, Portola Valley

About

Western Technology Investment is a well known and established VC, which was founded in 1980. The fund is located in United States, North America. The primary office of this VC is located in Portola Valley.

The fund typically invests in rounds with 5-6 participants. Besides Western Technology Investment, start-ups are typically funded by Founders Fund, Plug and Play, New Enterprise Associates and 159 more VCs. The fund often co-invests with Y Combinator, Founders Fund, Plug and Play, overall with 146 funds from our list. The investors in the following rounds are usually First Round Capital, New Enterprise Associates, Streamlined Ventures, and 151 VCs in total.

The overall number of key employees in the fund's team is 9.

The country of its foundation and the country of its most frequent investments coincides - United States. Besides this, the fund also invested in 8 other countries. The average start-up age at the time of investment by this fund is 4-5. Among the most popular portfolio start-ups of the fund, are Facebook, Jet.com, Stitch Fix. The fund has no specific requirements for the number of founders in a start-up. If the applying start-up has 5+ founders, it is very unlikely that funding will be awarded. We can highlight the most popular investment areas for this fund, such as SaaS, Software. In addition, there are 42 more industries where it has achieved success.

The fund's activity peaked in 2015. Additionally, in 2019 the fund was active. In comparison with other funds, Western Technology Investment makes 1 percentage points less than the average number of lead investments. We recorded the biggest number of exits for this fund in 2015. Deals in the range of 10 - 50 millions dollars are most common for this fund. In real terms, this VC performs 9 percentage points less exits than other funds. The average start-up valuation at the time of investment from Western Technology Investment is 100-500 millions dollars. The fund usually participates in 7-12 investment rounds per year.

Year Founded

1980

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: westerntech.com; User name format in descending order of probability: last first_initial, first last, first last_initial, first, last

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

100.0% of cases

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

4-6

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

13.7% of cases

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

x7.8

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

4.5 years

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

0.4 out of 1

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

4

Number of Decacorns [amount of portfolio companies, which were valuated at more then $10B]

1

Number of Hectocorns [amount of portfolio companies, which were valuated at more then $100B]

1

Number of Minotaurs [amount of portfolio companies, which raised more then $1B in total]

2

Funds Investing in Previous
Rounds

Founders Fund, Plug and Play, New Enterprise Associates

Funds Investing Together

Y Combinator, Founders Fund, Plug and Play

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