Neha Patil (Editor)

CrunchFund

Updated on
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit
Industry  Venture capital
Headquarters  San Francisco
Type  Privately held company
Website  http://crunchfund.com/
Founded  2011

Gallagher says crunchfund is all about entrepreneurs


CrunchFund is an early stage venture capital firm headquartered in San Francisco. While it works with information technology companies at any stage, it is primarily focused on seed and early stage investments.

Contents

History

It was founded in September 2011 by Michael Arrington (who later left TechCrunch in October 2011), Patrick Gallagher, and MG Siegler (who later left for Google Ventures) - when it raised its inaugural $20 million in funding. $8 million came from AOL, and much of the rest coming from individuals (like Ron Conway and Marc Andreessen). It raised $32 million in additional capital in a second round on January 30, 2014. As of 2016, it has raised $59 million in funds.

Management

  • Michael Arrington, General Partner
  • Prashant Fonseka, Associate
  • Patrick Gallagher, General Partner
  • Investments

    Square was one of its investments that successfully raised an initial public offering. Among its other investments include Airbnb, Cruise, DigitalOcean, Mesosphere, Redfin, Path, and Uber. At least 35 of its other investments, such as Klout, have become acquisitions.

    Philosophy

    It invests $250,000 to $500,000 in young startups, and only invests with other venture capitalists. Most of the companies it invests in are in the categories of the mobile web and the curated web.

    References

    CrunchFund Wikipedia


    Similar Topics
    Norma Alarcón
    Alessandro Parisi
    Janneke Snijder Hazelhoff
    Topics
     
    B
    i
    Link
    H2
    L