XL Innovate
18
13M
10
2.57
8
0.44
2
- Stages of investment
- Areas of investment
Summary
In 2015 was created XL Innovate, which is appeared as VC. The company was established in North America in United States. The leading representative office of defined VC is situated in the Menlo Park.
The current fund was established by Tom Hutton. Besides them, we counted 4 critical employees of this fund in our database.
The fund has specific favorite in a number of founders of portfolio startups. 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 Analytics, Home Improvement. Besides, a startup requires to be at the age of 2-3 years to receive the investment from the fund. Among the various public portfolio startups of the fund, we may underline Lemonade, Zendrive, Pillar Technologies
The typical case for the fund is to invest in rounds with 5-6 participants. Despite the XL Innovate, startups are often financed by First Round Capital, Shu Duan, Horizons Ventures. The meaningful sponsors for the fund in investment in the same round are Nyca Partners, Horizons Ventures, Aleph. In the next rounds fund is usually obtained by General Catalyst, GV, Tusk Ventures.
The fund is constantly included in 2-6 investment rounds annually. Speaking about the real fund results, this VC is 37 percentage points more often commits exit comparing to other organizations. The high activity for fund was in 2016. The usual things for fund are deals in the range of 10 - 50 millions dollars.
Investments analytics
Analytics
- Total investments
- 18
- Lead investments
- 8
- Exits
- 2
- Rounds per year
- 2.57
- Follow on index
- 0.44
- Investments by industry
- Insurance (11)
- Information Technology (8)
- InsurTech (8)
- Artificial Intelligence (7)
- Financial Services (6) Show 27 more
- Investments by region
-
- United States (16)
- Israel (1)
- Switzerland (1)
- Peak activity year
- 2016
- Number of Unicorns
- 1
- Number of Decacorns
- 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
- 8
- Avg. valuation at time of investment
- 160M
- Group Appearance index
- 0.89
- Avg. company exit year
- 6
- Avg. multiplicator
- 3.13
- Strategy success index
- 0.40
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Latest deals
| Company name | Deal date | Industry | Deal stage | Deal size | Location |
|---|---|---|---|---|---|
| Lemonade | 23 Jun 2016 | Financial Services, Artificial Intelligence, Insurance, InsurTech | Early Stage Venture | 13M | United States, New York, New York |
| Zendrive | 20 Aug 2019 | Automotive, Internet, Mobile, Big Data, Autonomous Vehicles | Early Stage Venture | 37M | United States, California, San Francisco |
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