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The Spruce House Partnership

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Investments

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 17
Average round size
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The average size of a deal this fund participated in
$227M
Portfolio companies 14
Lead investments 3
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.18
Exits 1
Key employees Soon

Areas of investment

  • Software
  • E-Commerce
  • Rental
  • Automotive
  • Apps

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Typical Co-investors
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These funds have a tendency to invest in the following rounds after The Spruce House Partnership:
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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Stitch

Financial Services
FinTech
$21M14 Feb 2022 Cape Town, Western Cape, South Africa

Kandji

Information Technology
iOS
Mobile
Software
$100M18 Nov 2021 San Diego, California, United States

Nomad Homes

Commercial Real Estate
Real Estate
Real Estate Investment
Trading Platform
$20M15 Oct 2021 Dubai, United Arab Emirates

Emerge

Logistics
Shipping
Software
Travel
$130M23 Sep 2021 Scottsdale, Arizona, United States

Kandji

Information Technology
iOS
Mobile
Software
$60M22 Apr 2021 San Diego, California, United States

Groq

Electronics
Machine Learning
Manufacturing
Semiconductor
$300M14 Apr 2021 Palo Alto, California, United States

VidMob

Advertising Platforms
Cloud Data Services
Social Media Advertising
Video
$50M23 Feb 2021 New York, New York, United States
News
Mexico’s Kavak drives away with $700M in new funding, doubling its valuation to $8.7B

– Kavak, a Mexico City-based startup that operates a pre-owned car marketplace in Latin America, announced that it has raised a massive $700 million in a Series E round that more than doubles the company’s valuation to $8.7 billion.
– Cambridge, Massachusetts-based General Catalyst led Kavak’s Series E, which brings the company’s total raised to over $1.5 billion since its 2016 inception.
Tiger Global, Spruce House, D1, SEA, Founders Fund, Ribbit Capital, SoftBank and others also participated in the latest financing.

Mark43 Raises $101M in Series E Funding

– Mark43 from New York provides a public safety CAD, RMS, analytics, and property and evidence platform.
– The company raised $101m in Series E funding.
– The round was led by The Spruce House Partnership and Tiger Global Management with participation from Radcliff Companies, Australia’s 29th Prime Minister Malcolm Turnbull, and former Lord Mayor of Sydney Lucy Turnbull, Goldman Sachs, General Catalyst, Spark Capital, HighSage Ventures, and Avenir Capital.
– The company intends to use the funds to develop new products, foster dialogue between public safety agencies and the communities they serve, and continue to invest in its growth across the U.S. and abroad.

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Total investments 17
Average round size 227M
Peak activity year 2021
Lead investments 3
Follow on index 0.18
Exits 1
Group Appearance index 1.00

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Stitch

Financial Services
FinTech
$21M14 Feb 2022 Cape Town, Western Cape, South Africa

Kandji

Information Technology
iOS
Mobile
Software
$100M18 Nov 2021 San Diego, California, United States

Nomad Homes

Commercial Real Estate
Real Estate
Real Estate Investment
Trading Platform
$20M15 Oct 2021 Dubai, United Arab Emirates

Emerge

Logistics
Shipping
Software
Travel
$130M23 Sep 2021 Scottsdale, Arizona, United States

Kandji

Information Technology
iOS
Mobile
Software
$60M22 Apr 2021 San Diego, California, United States

Groq

Electronics
Machine Learning
Manufacturing
Semiconductor
$300M14 Apr 2021 Palo Alto, California, United States

VidMob

Advertising Platforms
Cloud Data Services
Social Media Advertising
Video
$50M23 Feb 2021 New York, New York, United States
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