VentureMatch’s Weekly New Fund Firm List (1/28–2/3)
#1 BBG Venture Capital
Amount Raised: NA
History Of Interns: Yes
Total AUM: 10,000,000
Thoughts: BBG is a corporate venture capital firm that was originally started under Oath. From the looks of the portfolio, they have solid deal flow and some hot companies from NY. From the looks of it, you could have the potential of being the first intern.
#2 Madrona Venture Partners
Amount Raised: 75,000,000
History Of Interns: Yes
Total AUM: 1,600,000,000
Thoughts: Madrona is a powerhouse and has a history of sourcing great investments like Amazon, Snowflake Computing, Redfin, and Etc. Touted as one of the most powerful firms in the Pacific Northwest, landing someone on their sourcing team would be a great experience.
#3 Viola Fintech
Amount Raised: 75,000,000
History Of Interns: Yes
Total AUM: 100,000,000
Thoughts: Viola Fintech is apart of Viola Ventures larger network of the fund. Totaling up to 3 billion dollars in assets, Viola has also had a pretty active history of hiring interns over the past few years. Out of this week's firms, this would be on the top of my list.
#4 Sapphire Venture
Amount Raised: 75,000,000
History Of Interns: None
Total AUM: 2,600,000,000
Thoughts: Another heavy hitter in the venture space. From what I’ve seen there has only been one previous intern. Regardless, it’s worth a shot, especially after raising a new fund.
#5 Leawood Venture Capital
Amount Raised: 50,000,000
History Of Interns: None
Total AUM: 75,000,000
Thoughts: Midwest-based venture firm that recently raised their second fund. From the looks of it, fund 1 has some great investments like Upstart, BloomEnergy, EverQuote, and more. Granted you’re in the Midwest, this could be a good opportunity to see West Coast deals.
#6 Arboretum Ventures
Amount Raised: 250,000,000
History Of Interns: No
Total AUM: 360,000,000
Thoughts: Arboretum is a medical / healthcare technology-based venture firm. Solid exit history with multiple public offerings, which is no surprise that they’ve been able to continue to raise. If you’re located in the Ann Arbor area, this would be something to jump on.
#7 Active Capital
Amount Raised: 21,500,000
History Of Interns: Yes
Total AUM: NA
Thoughts: Impressive firm with all-star investments like Rackspace & Freshbooks. For anyone interested in seed stage deal flow, this would be a great lens to look through as an undergrad.
#8 Hinge Capital
Amount Raised: 80,000,000
History Of Interns: None
Total AUM: 140,000,000
Thoughts: Hinge is a re-brand of Venture51, which is a San Diego based venture firm. Very exciting portfolio companies like Dollar Shave Club, Bird, Ripple, Medium, and more. Anyone So-Cal kids interested in surfing, venture, and a different investment model shoot them an email.
#9 Rosecliff Ventures
Amount Raised: 250,000,000
History Of Interns: Yes
Total AUM: 343,000,000
Thoughts: Private Equity / Venture Capital based investment firm, but it seems like they’ve been doing more early-stage deals. Some of my favorites are companies like Petal & Ollie. With their previous history for hiring interns, put this at the top of your list, especially if you’re in NY.
#10 Victress Capital
Amount Raised: 20,000,000
History Of Interns: No
Total AUM: 20,000,000
Thoughts: Women-specific venture firm that has an emphasis on women entrepreneurs. A talented team of ex-bankers and operators raising their debut fund. If you’re in the Boston area, I’m sure they could use some help this coming summer.
If you have any feedback, questions, or simply think I’m missing something. Drop me a line at will@venturematch.us
Signing off — VentureMatch
