SpaceX
137 Ventures is a growth-stage venture firm that provides customized liquidity solutions to founders, investors, and early employees of high-growth private technology companies.The venture capital firm specializes in investments in later stage and growth stage companies. It targets companies operating in the technology sector.
137 Ventures is a San Francisco based venture capital fund with more than $1.6 billion under management. The team invests in growth stage technology companies through primary direct investing and providing customized liquidity solutions to their founders, senior executives and early investors. The founding partners were previously at Founders Fund, becoming the first EIR and co-leading the initial SpaceX and Spotify investments there respectively. Now, at 137 Ventures, their current portfolio includes SpaceX, Wish, Flexport, Palantir, RigUp, Bird, AirBnB, Turo, DiDi, Coupang, Lattice, Curology and Gusto. .The venture capital firm specializes in investments in later stage and growth stage companies. It targets companies operating in the technology sector.
The firm invests in companies with revenue of more than $1 million, and more than 50% growth per year expected over the next 3 – 5 years. The firm also makes secondary investments. It provides loans against private company stock.With more than $1 billion of assets under management, thestock.The firm invests in companies across a broad range of technical areas including space exploration, digital health, financial technology, enterprise SaaS, and consumer internet. The fund has a flexible mandate, investing in primary equity financing rounds, as well as an emphasis on structured transactions with founders, senior executives, early investors and early employees at venture-backed companies with proven business models.
137 Ventures was founded in 2011 by Justin Fishner-Wolfson and Alex Jacobson, Justin Fishner-Wolfson and Kathy H. Chan. The company manages assets in excess of $1.6 billion dollars. In addition to personalized liquidity solutions, 137 Ventures also participates in primary direct equity financing rounds. 137 Ventures has raised four funds and a total of $387M across 3 funds. 137 Ventures III was announced on May 11, 2016, and raised a total of $200M.
July 30, 2018
Series CB - Gusto
The firm invests in companies with revenue of more than $1 million, and more than 50% growth per year expected over the next 3 – 5 years. The firm also makes secondary investments. It provides loans against private company stock.With more than $8501 millionbillion of assets under management, the firm invests in companies across a broad range of technical areas including space exploration, digital health, financial technology, enterprise SaaS, and consumer internet. The fund has a flexible mandate, withinvesting in primary equity financing rounds, as well as an emphasis on structured transactions with founders, senior executives, early investors and early employees at venture-backed companies with proven business models.
137 Ventures has made 27 investments since 2011. Their most recent investment was on Jul 31, 2018, when they invested $140M in Gusto.
137 Ventures was founded in 2011 by Alex Jacobson, Justin Fishner-Wolfson and Kathy H. Chan. The company manages assets in excess of $8501 millionbillion dollars. In addition to personalized liquidity solutions, 137 Ventures also participates in primary direct equity financing rounds. 137 Ventures has raised four funds and a total of $387M across 3 funds. 137 Ventures III was announced on May 11, 2016, and raised a total of $200M.