Company attributes
Industry
Location
Founded Date
1996
Other attributes
Company Operating Status
Active
Internet Capital Group was a Pennsylvania-based venture capital firm that was established in 1996. It changed its name to Actua to reflect the changes in technology from 1996 to 2014.It invested in mid to late stage funding rounds for its portfolio companies. The industry in which it usually invested was internet software.
In 1999, the company raised $179 million in an IPO and was valued at $60 billion at the height of its success. Internet Capital Group generally invested in three companies per year, allowing for between $10 million and $30 million in investments.
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