Initialized Capital

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Initialized Capital
IndustryVenture Capital
Founded2011
FounderAlexis Ohanian, Garry Tan
HeadquartersSan Francisco
Websiteinitialized.com

Initialized Capital is a venture capital fund founded in 2011 and headquartered in San Francisco. It was founded by Alexis Ohanian and Garry Tan.[1] As of 2019, it has raised more than $500 million in funds.[2]

History[edit]

It raised $7 million in its first fund. In February 2012, it filed its Form D notice of exempt offering of securities.[3] It raised $39 million in its second fund on August 2013.[4] On June 7, 2016 the firm announced a $100M target for its third fund and then closed $125 million. In late 2018, it raised a $225 million fund. [5] While its founders came from Y Combinator, it is not associated with Y Combinator in any way.

Management[edit]

Investments[edit]

Its investments include 7 Cups, Airware, Algolia, Boosted, Codecademy, Coinbase, Color Genomics, Cruise, Flexport, Genius, Instacart,[6] Kimono Labs,[2] LeadGenius, LendUp, Maker's Row, ParkWhiz, Patreon, Plangrid, Plate IQ, Rescale, Shoptiques, Soylent, Streak, Survata, True Link Financial, Vicarious, Zenefits and Zentail.[6]

Philosophy[edit]

It focuses on seed and early stage venture investments.[2] It looks for high-quality founders first and then tries to see if it can help or understand the market a company is attacking in any way [7]

References[edit]

  1. ^ "SEC FORM D/A". Sec.gov. Retrieved March 6, 2016.
  2. ^ a b c "Initialized Capital - Investments". CrunchBase. Retrieved March 13, 2016.
  3. ^ "INITIALIZED CAPITAL SPECIAL OPPORTUNITIES FUND I, L.P. Details - Whalewisdom". Whalewisdom.com. Retrieved March 13, 2016.
  4. ^ "Initialized Capital Closes Second Seed Fund at $39.2M". Pevc.dowjones.com. Retrieved March 13, 2016.
  5. ^ Geron, Tomio (2018-10-02). "Initialized Capital Raises $225 Million for Fourth Fund". Wall Street Journal. ISSN 0099-9660. Retrieved 2019-03-04.
  6. ^ a b "Initialized Capital". Initialized Capital. Retrieved 2019-01-30.
  7. ^ "YC Partners Taggar, Tan And Reddit Co-Founder Ohanian Raise $39M For Initialized Capital". Techcrunch.com. Retrieved March 6, 2016.