Golden
137 Ventures

137 Ventures

137 Ventures is a company that provides customized liquidity solutions to founders, investors, and early employees of growth-stage private technology companies. 137 Ventures is based in San Francisco and was founded in 2011.

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.



Investments

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 $850 million 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 with 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.

Services

137 Ventures also supports entrepreneurs and founders by providing guidance and introductions to professional service providers, including corporate attorneys, trust and estate attorneys, private wealth managers, banking relationships including mortgage providers, real estate brokers, insurers, and other venture capital firms.

History

137 Ventures was founded in 2011 by Alex Jacobson, Justin Fishner-Wolfson and Kathy H. Chan. The company manages assets in excess of $850 million 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.



Timeline

July 30, 2018

Gusto investment

Series C - Gusto

$140M

March 4, 2018

Fair investment

Series A - Fair

$50M

January 10, 2018

Grab investment

Series G - Grab

September 20, 2017

Flexport investment

Series C - Flexport

$110M

June 29, 2017

Callisto Media

Venture Round - Callisto Media

April 27, 2017

Didi Chuxing

Private Equity Round - Didi Chuxing

$5.5B

September 15, 2016

Postmates investment

Series D - Postmates

$140M

August 23, 2016

Curology investment

Series B - Curology

$15M

October 8, 2015

Virgin Hyperloop One investment

Venture Round - Virgin Hyperloop One

August 25, 2015

Intercom investment

Series C - Intercom

$35M

Associated investment funds

16 Results
Investment Fund
Investment Fund
Total offering (USD)
Total offering (USD)
Location
Location
Date signed
Date signed
2,000,000
January 12, 2016
7,237,152
September 3, 2013
21,000,000
August 26, 2014
15,000,000
September 21, 2017
1,000,000
March 12, 2015
20,000,000
April 16, 2014
25,000,041
August 26, 2014
3,875,000
July 24, 2015
610,000
February 21, 2014
50,874,000
September 26, 2014
20,000,000
June 23, 2015
200,000,000
February 1, 2018

Funded Companies

9 Results
Company
Company
Description
Description
Website
Website
Industry
Industry
Location
Location

An American software and services company specializing in data analysis.

Microblogging platform and social networking website

Eventbrite is an event ticketing and technology platform

ShareThis is a social media company.

Practice Fusion is a San Francisco-based company founded by Matthew Douglass, Jonathan Malek and Ryan Howard.

People

Name
Role
LinkedIn

ANDREW HANSEN

CHIEF FINANCIAL OFFICER



ANDREW LASZLO

MANAGING PARTNER



ELIZABETH WEIL

MANAGING PARTNER



FEROEZ CHINKONSUNG

OFFICE MANAGER



JAMES PARDEE

ASSOCIATE



JUSTIN FISHNER-WOLFSON

MANAGING PARTNER



MICHAEL HICKEY

CONTROLLER



MICHELLE TUNLEY

EXECUTIVE ASSISTANT



NICHOLAS PROCACCINI

PRINCIPAL



NICOLE HASHEMI

HUMAN RESOURCES & EA



S. ALEXANDER JACOBSON

MANAGING PARTNER



Further reading

Title
Author
Link
Type
Date

137 Ventures Co-Founder Kathy Chan Becomes An Operating Partner At Khosla

Anthony Ha

Web



137 Ventures eyes $200M fund | PitchBook



Web



137 Ventures Offers A Liquid Alternative To Selling Stock On Secondary Markets

Jason Kincaid

Web



137 Ventures Raises $137M Second Fund To Offer Early Liquidity To Startup Execs

Anthony Ha

Web



137 Ventures to raise $200 mln fourth venture fund - PE Hub

Mark Boslet

Web



Eventbrite Files Proposed Terms For $200 Million IPO

Donovan Jones





Gusto Raises $140 Million Series C to Transform the Future of Work



Web



Term Sheet -- Tuesday, February 6



Web



Venture Capital Firm 137 Ventures Closes Third Fund, at $200M; Adds Elizabeth Weil |FinSMEs



Web



Companies

Company
CEO
Location
Products/Services

2U







Agari







airbnb







Ayasdi







Callisto Media







Coupang













Curology







DiDi







EasyPost













Fair







Flexport







Getaround







Grab







Gusto







Intercom







NUTANIX







Palantir













SolarCity







SpaceX







Spotify







Tumblr







TURO







References