DVN 2019 Summer Exits & Investments

Draper Venture Network
Draper Venture Network
2 min readJul 29, 2019
Wavecell, invested in by Wavemaker Partners (Southeast Asia Fund), was acquired by 8x8 for $125M. Photos are of the Wavecell team (incl. CEO Olivier Gerhardt) upon signing.

EXITS

Wavecell, Southeast Asian cloud communications platform — Acquired by 8x8 for $125 million, Wavemaker Partners

Red Dot Payment, Southeast Asian online payment company — Acquired by Naspers in a deal valued at $65 million, Wavemaker Partners

INVESTMENTS

Future Postive Capital Team; Draper Esprit continues investing in Europe’s best as LP in the Pan-European Fund

Future Positive Capital, Early-stage, Pan-European Fund — $57M Fundraise, Draper Esprit

Unacademy, online learning platform — $50M Series D, Blume Ventures

Perkbox, employee engagement platform— $17.6M Late Stage, Draper Esprit

Inventables, hardware store for designers— $11.5M Late Stage, Draper Associates

Milkbasket, Hyperlocal grocery delivery startup — $10.5M Venture Round, Blume Ventures

SmartKarma Innovations, investment research platform — Early-Stage Venture Round, Wavemaker Partners

Unstoppable Domains, blockchain domains — $5M Seed, Draper Associates

Agara Labs, platform automating end-to-end customer support operations — $2.5M Seed, Blume Ventures

HealthAssure, Platform providing for access to discounted & high quality primary care medical network — $2.5M Seed led by Blume Ventures

Fyde, Platform offering secure access to cloud and internet — $2.5M Early-stage venture, DNX Ventures

U-Nest, Digital savings management platform designed to manages a tax-free college fund for a child in minutes — $2M Seed, Draper Dragon

MakersPlace, Blockchain technology intended to create and sell unique digital creations — $2M Seed, Draper Dragon

Rocketium, video platform for social media — Seed, Blume Ventures

ScoreID, Public and private data integration for credit scorings — Seed, Manutara Ventures — Seed, Manutara Ventures

OpenCasa, Online property platform simplifying property transactions in Latin America — $1M Seed, Manutara Ventures

OpenCasa is transforming (and simplifying!) Latin America’s real estate industry

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Draper Venture Network
Draper Venture Network

Independent VC funds based in tech hubs across the world, collaborating on deals, diligence and value-added services.