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Left Lane Capital

From Wikipedia, the free encyclopedia
Left Lane Capital
Company typePrivate
IndustryVenture capital
Founded2019; 5 years ago (2019)
Headquarters
Key people
  • Harley Miller (Founder and Managing Partner)
  • Dan Ahrens (Managing Partner)
  • Jason Fiedler (Managing Partner)
  • Vinny Pujji (Managing Partner)
AUMUS$2.220 billion (2024)
Websitewww.leftlane.com
Footnotes / references
[1][2][3][4][5][6]

Left Lane Capital is a global venture capital firm that invests in internet and technology companies with a consumer orientation. The firm is headquartered in Brooklyn, New York, with an office in London.

History

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Left Lane Capital was founded by Harley Miller in 2019.[1] Before founding Left Lane Capital, Miller started his career in 2010 at Insight Partners, where he spent nine years investing in high-growth internet companies.[2][7] Miller was part of the team that invested in HelloFresh, Udemy, and BlaBlaCar and sat on the board of N26 and Calm.[2][7]

Left Lane Capital's inaugural fund totaled $630 million.[1] In 2022, the firm announced the closing of its second fund, Left Lane Capital Partners II LP, with a total of $1.4 billion.[8] Left Lane Capital has invested in over 65 companies worldwide.[9] To support these companies, the firm has an in-house platform team named Accelerate that supports its growing portfolio with value-add resources and growth advice.[5]

Portfolio

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Left Lane Capital's portfolio includes a diverse range of companies. Notable investments include:

  • GoStudent: Based in Vienna, Austria, a large online marketplace for virtual one-to-one tutoring.[10]
  • Jackpocket: A mobile lottery platform that digitizes the $80 billion a year market in North America.[11]
  • Bilt Rewards: A consumer finance and rewards company centered around property renters.[12]
  • Choco: A company set out to build a more transparent and sustainable food supply chain.[13]
  • Masterworks: A platform allowing individuals to buy artworks shares.[14]
  • M1 Finance: A company that combines several fintech services into one platform.[15]
  • Talkiatry: A virtual mental health service platform.[16]
  • Wayflyer: A financing platform for e-commerce merchants.[17]
  • Moove: A company focused on providing vehicles and financing solutions to drivers.[18]
  • LemFi: A global bank for African immigrants powering borderless payments, credit and financial independence.[19]

Awards

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Left Lane Capital was recognized as one of the top 25 growth equity firms of 2022 by GrowthCap.[20]

Harley Miller received a placement on Forbes' 30 Under 30 Venture Capital list in 2017.[21] Managing Partners Jason Fiedler and Vinny Pujji appeared on the same list in 2018 and 2022, respectively.[22][23]

References

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  1. ^ a b c "Left Lane Capital Raises $1.4 Billion for Second Growth Fund". The Wall Street Journal. Retrieved 2023-09-28.
  2. ^ a b c "Left Lane Capital picks up speed with $1.4B second fund". PitchBook. Retrieved 2023-09-28.
  3. ^ "Diamond Standard opens trading of coins". The Royal Gazette. 11 October 2022. Retrieved 2023-09-28.
  4. ^ "Left Lane Capital". GrowthCap. Retrieved 2023-09-28.
  5. ^ a b "Left Lane Capital Appoints Chris Taylor to Chief Growth Officer". FinSMEs. 23 August 2023. Retrieved 2023-09-28.
  6. ^ "SEC - Uniform Application for Investment Adviser Registration and Report by Exempt Reporting Advisers" (PDF). SEC.gov. Retrieved 2024-11-08.
  7. ^ a b "The Insight Partners investor behind HelloFresh and Trivago is leaving the firm to start a new $600 million fund". Business Insider. Retrieved 2023-09-28.
  8. ^ "Left Lane raises $1.4B fund to back 'internet-enabled' consumer and B2B firms". TechCrunch. 26 April 2022. Retrieved 2023-09-28.
  9. ^ "Left Lane recruits Taylor as chief growth officer". Venture Capital Journal. 24 August 2023. Retrieved 2023-09-28.
  10. ^ "GoStudent adds another $95M to its war chest to go after VR and AI-enhanced tutoring". TechCrunch. 3 August 2023. Retrieved 2023-09-28.
  11. ^ "Jackpocket raises $120M to expand its lottery app into mobile gaming". TechCrunch. 9 November 2021. Retrieved 2023-09-28.
  12. ^ "Bilt Rewards' valuation jumps to $1.5B following new $150M growth round". TechCrunch. 25 October 2022. Retrieved 2023-09-28.
  13. ^ "Choco bites into $100M Series B to build a transparent food supply chain". TechCrunch. 20 July 2021. Retrieved 2023-09-28.
  14. ^ "Masterworks raises $110M to push fractional shares of physical art into investor portfolios". TechCrunch. 5 October 2021. Retrieved 2023-09-28.
  15. ^ "M1 Finance closes $45M Series C mere months after it raised its $33M Series B". TechCrunch. 14 October 2020. Retrieved 2023-09-28.
  16. ^ "Talkiatry announces $37M in funding to scale virtual mental health offering". Behavioral Health Business. 27 January 2022. Retrieved 2023-09-28.
  17. ^ "Wayflyer raises $76M to provide 'revenue-based' financing to e-commerce merchants". TechCrunch. 27 May 2021. Retrieved 2023-09-28.
  18. ^ "Moove raises $105M to scale its vehicle financing product across Asia, Europe and MENA". TechCrunch. 14 March 2022. Retrieved 2023-09-28.
  19. ^ "LemFi raises $33m to transform financial services for immigrants". FinTech Global. 24 August 2023. Retrieved 2023-09-28.
  20. ^ "The Top 25 Growth Equity Firms of 2022". GrowthCap. Retrieved 2023-09-28.
  21. ^ "Forbes 30 Under 30 2017: Venture Capital". Forbes. Retrieved 2023-09-28.
  22. ^ "Forbes 30 Under 30 2018: Venture Capital". Forbes. Retrieved 2023-09-28.
  23. ^ "Forbes 30 Under 30 2022: Venture Capital". Forbes. Retrieved 2023-09-28.