Synopsis

The objective of this research is to examine Venture Capital firms, the StartUps they invest in, and the investment types involved.

The document begins with Exploratory Data Analysis of 115 Venture Capital firms combined. Then, the beginning of a Venture Capital Firm exploration app is scripted. Then, the remainder of this document performs Exploratory Data Analysis on the Venture Capital firm, “Norwest Ventures”. Thereby, demonstrating how any of the 115 Venture Capital firms are researchable via nearly identical scripting.

Much of the R programming language scripting in this document is kept proprietary for the purpose of individual consultation by ContextBase.

List of 115 Venture Capital Firms

##   [1] Norwest                       Felicis Ventures             
##   [3] True Ventures                 Kliener Perkins              
##   [5] Khosla                        Binary Capital               
##   [7] Crosslink Capital             Amadeus Capital Partners     
##   [9] AME Cloud Ventures            August Capital               
##  [11] BlueRun Ventures              Bessemer Venture Partners    
##  [13] e.ventures                    FirstMark Capital            
##  [15] Foundation Capital            General Catalyst             
##  [17] Greycroft Partners            Mithril Capital              
##  [19] Founders Fund                 LightSpeed                   
##  [21] Madrona                       Qualcomm Ventures            
##  [23] Redpoint Ventures             Rogers Venture Partners      
##  [25] iNovia Capital                Sequoia Capital              
##  [27] Shasta Ventures               Social | Capital             
##  [29] Softbank                      Trinity Ventures             
##  [31] Venrock                       Charles River Ventures       
##  [33] IDG Ventures                  Singtel Innov8               
##  [35] Singtel Innov9                Singtel Innov10              
##  [37] Singtel Innov11               Singtel Innov12              
##  [39] Singtel Innov13               Singtel Innov14              
##  [41] Singtel Innov15               Singtel Innov16              
##  [43] Singtel Innov17               Singtel Innov18              
##  [45] Singtel Innov19               Singtel Innov20              
##  [47] Singtel Innov21               Singtel Innov22              
##  [49] ABX (Austin Ventures)         Blumberg Capital             
##  [51] Atomico                       Goodwater Capital            
##  [53] Andreessen Horowitz           DN Capital                   
##  [55] Granite Ventures              Insight Venture Partners     
##  [57] Highland Capital Partners     VantagePoint Capital Partners
##  [59] Matrix Partners               RRE                          
##  [61] Benchmark                     Fairhaven Capital            
##  [63] Upfront Ventures              Canaan Partners              
##  [65] Sutter Hill Ventures          Comcast Ventures             
##  [67] Correlation Ventures          Port Judith Capital          
##  [69] Freestyle Capital             East Ventures                
##  [71] SV Angel                      Jackson Square Ventures      
##  [73] Birchmere Ventures            Expansion VC                 
##  [75] Pejman Mar                    Raptor Ventures              
##  [77] Morado Ventures               Double M Partners            
##  [79] Karlin Ventures               Montage Ventures             
##  [81] Commerce Ventures             TenOneTen Ventures           
##  [83] Seraph Group                  China Rock Capital           
##  [85] Caffeinated Capital           Venture51                    
##  [87] Venture52                     Venture53                    
##  [89] Venture54                     Venture55                    
##  [91] Venture56                     Venture57                    
##  [93] Venture58                     Venture59                    
##  [95] Venture60                     Venture61                    
##  [97] Venture62                     Venture63                    
##  [99] Promus Ventures               Walden Venture Capital       
## [101] Corigin Ventures              Sherpa Capital               
## [103] Red Swan                      Primary Venture Partners     
## [105] Great Oaks Venture Capital    Altpoint Ventures            
## [107] Forerunner Ventures           GGV Capital                  
## [109] Spark Capital                 ff Venture                   
## [111] Bullpen Capital               Cowboy Ventures              
## [113] Thrive Capital                Illuminate Ventures          
## [115] Eastlink Ventures            
## 115 Levels: ABX (Austin Ventures) ... Walden Venture Capital

List of Investment Types, and Investments Sums

##                        Type   Amount
## 1                     Angel     9.60
## 2          Convertible Note    26.73
## 3    Convertible Note(Lead)     1.00
## 4            Debt Financing   176.53
## 5      Debt Financing(Lead)     5.97
## 6            Private Equity  2190.21
## 7     Private Equity (Lead)     1.00
## 8      Private Equity(Lead)   500.00
## 9                      Seed  1614.27
## 10              Seed (Lead)   367.90
## 11                  Series  17846.04
## 12           Series  (Lead)  5446.52
## 13                 Series A  7595.72
## 14          Series A (Lead)  3255.81
## 15                 Series C 20628.23
## 16          Series C (Lead)  3958.91
## 17                 Series D 12833.50
## 18          Series D (Lead)  2817.40
## 19                 Series E  7932.29
## 20          Series E (Lead)   688.00
## 21                 Series F  4704.70
## 22          Series F (Lead)   466.50
## 23                 Series G  2558.50
## 24                 Series H     4.40
## 25              Undisclosed   291.80
## 26                  Venture  4964.37
## 27           Venture (Lead)  1282.73
## [1] "The average of All VC investments per type is 3784  Million USD."

## [1] "The average total Venture Capitalization of StartUps is 42  Million USD."

## [1] "The average total investments of Venture Capital Firms is 888  Million USD."

Linear Regression of Data

Venture Capital App - Basic Coding

OutputProcess <- function(VentureFirm, StartUp, InvestType) {
  if (VentureFirm=="All") {VentureFirm <- firmData$VentureFirm}
  if (StartUp=="All") {StartUp <- firmData$StartUp}
  if (InvestType=="All") {InvestType <- firmData$InvestmentType}
  out <- firmData[firmData$VentureFirm==VentureFirm &
                    firmData$StartUp==StartUp &
                    firmData$InvestmentType==InvestType,]
  out
  }
OutputProcess("All", "iRhythm Technologies", "All")
##    VentureFirm       Date              StartUp         Investment
## 31     Norwest 2015-06-01 iRhythm Technologies $27.34M / Series E
##    InvestmentAmount InvestmentType
## 31            27.34       Series E

Finding Major StartUp Investments

Major_Series_E <- OutputProcess("All", "All", "  Series E")
result <- subset(Major_Series_E, Major_Series_E$InvestmentAmount > 100)
majorList <- data.frame(result$StartUp,
                          result$InvestmentAmount,
                          result$InvestmentType)
colnames(majorList) <- c("StartUp", "Amount (Millions)", "Type")
majorList
##           StartUp Amount (Millions)       Type
## 1           Slack               160   Series E
## 2  One Kings Lane               112   Series E
## 3           Avant               325   Series E
## 4      RetailNext               125   Series E
## 5         Kabbage               135   Series E
## 6       AppDirect               140   Series E
## 7        DataStax               106   Series E
## 8      RetailNext               125   Series E
## 9       AppDirect               140   Series E
## 10      Thumbtack               125   Series E
## 11         Ele.me               350   Series E
## 12       GrabTaxi               350   Series E
## 13            Ola               400   Series E
## 14          Slack               160   Series E
## 15          Avant               325   Series E
## 16        FanDuel               275   Series E
## 17        Taboola               117   Series E
## 18       DataStax               106   Series E
## 19     RetailNext               125   Series E
## 20           Lyft               530   Series E
## 21         Square               150   Series E
## 22          Slack               160   Series E
## 23        FanDuel               275   Series E

Norwest Ventures Data

List of 67 StartUps w/ Average Disclosed Investment by Norwest Ventures

##                                      NorwestInvestAvg
## Act-On Software                                 42.00
## Adaptive Insights                               75.00
## Apigee                                          60.00
## Attune Technologies                             10.00
## Avere Systems                                   20.00
## Bitglass                                        25.00
## Blue Jeans Network                              76.50
## Borqs                                            0.00
## Bracket Computing                              109.00
## Brite Semiconductor                              8.00
## Capillary Technologies                          59.00
## CareCloud                                       16.87
## Casper                                          69.95
## ClariPhy Communications                         19.74
## ClearDATA                                       25.00
## CRMNEXT                                          7.00
## Crossover Health Management Services            15.00
## Dtex Systems                                    15.00
## Elemental Technologies                          14.50
## Exabeam                                         35.00
## Exablox                                         16.00
## Extole                                          14.00
## Fashion & You                                   10.00
## Glint                                            9.00
## Good.Co                                          0.00
## Health Catalyst                                111.00
## HoneyBook Inc.                                  22.00
## iCardiac Technologies                            0.00
## IFTTT                                           30.00
## iProf Learning Solutions                         9.00
## iRhythm Technologies                            27.34
## Jet                                            140.00
## Madison Reed, Inc.                              28.10
## Manthan Software Services                       60.00
## Manthan Systems                                  0.00
## Mblox                                           43.50
## Minted                                          38.00
## Misfit Wearables                                40.00
## ModCloth                                        15.00
## Modsy                                            3.00
## Motif Investing                                 35.00
## Omada Health                                    48.00
## Palerra Inc.                                    25.00
## Pepperfry.com                                   15.00
## personali                                       12.00
## Qubole                                          13.00
## Quikr                                          150.00
## Rafter                                           0.00
## Ravello Systems                                 28.00
## RevX                                             4.00
## RiseSmart                                       11.00
## RiverMend Health                                60.00
## Shape Security                                  40.00
## SketchDeck                                       1.70
## Skyward                                          4.10
## StellaService                                   15.00
## sulekha.com                                     28.10
## Swiggy                                          35.00
## Telcare                                         32.50
## Threadflip                                      13.00
## TigerText                                       50.00
## true[x]                                          6.00
## Turn                                            80.00
## Udemy                                           97.00
## Velostrata                                      14.00
## Yatra                                           23.00
## ZIRX                                            36.40

List of Norwest Ventures Investment Types

##                 Type Amount
## 1     Debt Financing  43.50
## 2               Seed  10.65
## 3            Series  266.97
## 4     Series  (Lead) 113.00
## 5           Series A  46.50
## 6    Series A (Lead)  39.00
## 7           Series C 371.10
## 8    Series C (Lead) 202.50
## 9           Series D 280.50
## 10   Series D (Lead)  38.00
## 11          Series E 206.84
## 12          Series F  90.00
## 13          Series G 135.00
## 14       Undisclosed  15.00
## 15           Venture 276.74
## 16    Venture (Lead)  60.00

List of Norwest ‘Series A’ Investments

##        StartUp Amount (Millions)       Type
## 1    personali              12.0   Series A
## 2         ZIRX               6.4   Series A
## 3       Casper              13.1   Series A
## 4      CRMNEXT               7.0   Series A
## 5 Palerra Inc.               8.0   Series A

List of Norwest ‘Series B’ Investments

## [1] StartUp           Amount (Millions) Type             
## <0 rows> (or 0-length row.names)

Norwest Quantile Chart

##     0%    25%    50%    75%   100% 
##   1.70  13.00  19.87  41.75 140.00

Conclusions:

The objective of this research was to examine Venture Capital firms, StartUps, and investment types. and their investments. Exploratory Data Analysis revealed that the preferable way of summarizing the data is via a Data Application, or individual documentation of Venture Capital Firm investments, or StartUp funding histories.