137 Ventures

137 Ventures

A company providing custom liquidity solutions to founders, investors, and early employees of growth-stage private technology companies.

All edits by  Sergiu Miron 

Edits on 8 Feb, 2019
Sergiu Miron
Sergiu Miron edited on 8 Feb, 2019
Edits made to:
Infobox (+2 properties)
Infobox
Industry
Venture capital
Location
San Francisco
Edits on 29 Jan, 2019
Sergiu Miron
Sergiu Miron edited on 29 Jan, 2019
Edits made to:
Infobox (+4 properties)
Timeline (+10 events) (+380 characters)
Description (+150 characters)
Article (+2357 characters)
People (+11 rows) (+22 cells) (+343 characters)
Further reading (+10 rows) (+34 cells) (+1524 characters)
Documentaries, videos and podcasts (+2 rows) (+4 cells) (+206 characters)
Companies (+27 rows) (+27 cells) (+192 characters)
Categories (+1 topics)
Topic thumbnail

137 Ventures

137 Ventures is a provider of customized liquidity solutions to founders, investors, and early employees of growth-stage private technology companies.

Article

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 is specializing in investments in later stage and growth stage companies. It targets companies operating in the technology sector. 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 loan against private company stock.

With more than $850 million of assets under management, the firm invests in companies across a broad range of 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.

Specialties: Pre-IPO, Venture Capital, Stock Options, Liquidity, ESO, and ISO.

137 Ventures is sector agnostic and focuses on investing in companies with durable business model dynamics that strengthen with scale. It provides founders and employees with an alternative form of liquidity: loans against private company stock.

Aside from investing in private technology companies, 137 Ventures also leverages its expertise and extensive networks to support entrepreneurs/founders by providing guidance and introductions to vetted professional service providers commonly sought by entrepreneurs, including corporate attorneys, trust and estate attorneys, private wealth managers, banking relationships including mortgage providers, real estate brokers, insurers, and fellow venture capital firms.

History

Founded in 2011 by Alex Jacobson, Justin Fishner-Wolfson and Kathy H. Chan. The company has managed to gather 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 raise 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.

Investments

137 Ventures has made 27 investments since 2011. Their most recent investment was on Jul 31, 2018, when they invested $140M in Gusto.

People

Name
Role
Related Golden topics

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

Companies

Company
CEO
Location
Products/Services

2U

Agari

Callisto Media

Curology

DiDi

Fair

Grab

Page 1 of 2
Further reading

Title
Author
Link
Type

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

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

Web

Documentaries, videos and podcasts

Title
Date
Link

Term Sheet -- Tuesday, July 31

Jul 31, 2018

Infobox
Is a
Company
Categories
Timeline
Gusto

Series C - Gusto

$140M

Fair

Series A - Fair

$50M

Grab

Series G - Grab

Flexport

Series C - Flexport

$110M

Callisto Media

Venture Round - Callisto Media

Didi Chuxing

Private Equity Round - Didi Chuxing

$5.5B

Postmates

Series D - Postmates

$140M

Curology

Series B - Curology

$15M

Virgin Hyperloop One

Venture Round - Virgin Hyperloop One

Intercom Investment

Series C - Intercom

$35M

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