Akkadian Ventures

Akkadian Ventures

Akkadian Ventures provides liquidity solutions for entrepreneurs, angel investors, venture capital firms and employees of venture-backed businesses.

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Edits on 12 Feb, 2019
Sergiu Miron
Sergiu Miron edited on 12 Feb, 2019
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  • Purchase preferredpreferred and common stock.
Sergiu Miron
Sergiu Miron edited on 12 Feb, 2019
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AkkadianThe Venturescompany is a direct secondary investment firm focused on providing liquidity to early employees and investors of venture-backed businesses. Akkadian offers solutions for companies and employees, with benefits that include speed, tax efficiency and rigorous confidentiality.

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  • Akkadian Ventures has had 9 exits. Akkadian Ventures'sThe most notable exits include DocuSign, RingCentral, and Apptio.
  • AkkadianThe Venturescompany has raised a total of $236.8M across 4 funds, one of them being Akkadian Ventures IV, L.P. This fund was announced on May 18, 2017, and raised a total of $128.8M.
Sergiu Miron
Sergiu Miron edited on 12 Feb, 2019
Edits made to:
Infobox (+11 properties)
Timeline (+18 events) (+686 characters)
Description (+173 characters)
Article (+3637 characters)
People (+6 rows) (+12 cells) (+183 characters)
Further reading (+12 rows) (+43 cells) (+1909 characters)
Documentaries, videos and podcasts (+2 rows) (+5 cells) (+126 characters)
Companies (+15 rows) (+15 cells) (+127 characters)
Categories (+1 topics)
Related Topics (+1 topics)
Topic thumbnail

Akkadian Ventures

Akkadian Ventures provides alternative liquidity solutions for entrepreneurs, angel investors, venture capital firms and employees of venture-backed, high growth businesses.

Article

Akkadian Ventures is a venture capital firm specializing in direct and secondary direct investments. The firm does not invest in venture capital funds. Within direct investments, it seeks to invest in mid and late venture stages and secondary direct investments in start-ups. The firm provides early liquidity to founders, early employees, former employees, services providers, angel investors, and early investors.

History

Akkadian Ventures, LLC was founded in 2010 by Benjamin Black and Peter T. Smith, and is based in San Francisco, California.It has additional offices in Denver, Colorado and Las Vegas, Nevada.

Akkadian Ventures is a direct secondary investment firm focused on providing liquidity to early employees and investors of venture-backed businesses. Akkadian offers solutions for companies and employees, with benefits that include speed, tax efficiency and rigorous confidentiality.

Akkadian Ventures operates as a private equity firm. The Company invests in growth stage technology companies, as well as provides alternative liquidity solutions for entrepreneurs, angel investors, venture capital funds, and employees. Akkadian conducts business in the United States.

Akkadian has also developed a proprietary, data-driven methodology to identify which private technology companies are entering hyper-growth and uses this data to “pre-approve” companies for its liquidity programs.

Investments

  • Akkadian Ventures has made 17 investments. A notable one was on Feb 20, 2018, when they invested $36.5M in Dynamic Signal.
  • Akkadian Ventures has had 9 exits. Akkadian Ventures's most notable exits include DocuSign, RingCentral, and Apptio.
  • Akkadian Ventures has raised a total of $236.8M across 4 funds, one of them being Akkadian Ventures IV, L.P. This fund was announced on May 18, 2017, and raised a total of $128.8M.
  • Akkadian garnered over $118M for fourth fund investments.
Investment strategy

  • Purchase preferred and common stock.
  • Design, manage and fund liquidity programs.
  • Invest in Special Situations .
  • Provide option to exercise liquidity for executives. Consolidate shareholder base for pre-IPO(Initial public offering) companies.
  • Offer share escrow arrangements .
  • Target Companies: typically $20M+ in revenue
  • Typical Investment size: $250K - $10 Million
  • Investors: Leading Institutional Investors, Family Offices, Venture Capitalists and Entrepreneurs
  • Primary sectors of investment: Software, Internet, Mobile

The firm only invests in private securities held by entrepreneurs and only purchases common and preferred stock from the existing stockholders of privately held companies.

It is sector-agnostic and seeks to invest in online advertising; clean technology; consumer electronics and devices; consumer web; e-commerce; enterprise; games, video, and entertainment; internet; mobile and wireless; network and hosting; communications; SaaS and software; technology-enabled business services.

Akkadian Ventures manages limited partnerships focused exclusively on acquiring small stakes ($250K - $10M) in growing private businesses. The firm specializes in the use of unique structures that lower risk and lower overall tax burdens for start-up employees. Generally acting as a passive investor, Akkadian Ventures centers on providing liquidity to entrepreneurs, founders, early employees and seed investors.

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It seeks to invest between $0.1 million and $10 million in companies with revenue generation of more than $20 million annually. The firm seeks to acquire small stakes. It does not require board seats, board participation, or in some cases, even voting rights. The firm prefers to invest in private transactions.

People

Name
Role
Related Golden topics

BEN BLACK

Managing Director and Co-founder

CHRIS TARR

Chief Data Scientist

CRAIG NOLAN

Principal

LOREN SIEBERT

Venture Partner

MIKE GRIDLEY

Managing Director

PETER SMITH

Co-founder, COO, and CCO

Companies

Company
CEO
Location
Products/Services

Apptio

DynamicSignal

Lithium

Prosper

Rocketfuel

Structure Capital

UniKey

Further reading

Title
Author
Link
Type

A tale of two enterprise IPOs: Is the market moving ahead or falling back? - SiliconANGLE

DUNCAN RILEY

Web

Advancing Female Leadership In Tech--Let's Start With Who Funds Who

Committee of 200 Joanna Drake

Web

Akkadian Ventures Closes over $74 Million and Expands Team for Secondary Investing

Web

Akkadian Ventures Raises $22M For Secondary Stock Purchases

Anthony Ha

Web

Dynamic Signal nabs $25 mln - PE Hub

Iris Dorbian

Web

Dynamic Signal Raises $25 Million to Help Organizations Increase Employee Productivity, Engagement, and Advocacy Across the Globe

Web

Dynamic Signal Raises $36.5 Million to Transform Employee Communication and Engagement in the Enterprise

Dynamic Signal

Web

Shareholders increasingly look to cash out in secondary market

Jessica Floum

Web

Why a Palantir IPO might not be far off

Connie Loizos

Web

Documentaries, videos and podcasts

Title
Date
Link

Dynamic Signal

startups « The Empiricist VC

27 March 2017

Infobox
Is a
Company
Industry
Venture capital
Location
San Francisco
Date incorporated
2010
Categories
Related Topics
Timeline
Dynamic Signal

Later Stage VC

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Dynamic Signal

Series E - Dynamic Signal

$36.5M

Gusto

Secondary Market - Gusto

Akkadian Ventures IV, L.P.

$128.8M

Palantir Technologies

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Dynamic Signal

VENTURE CAPITAL (SERIES D)

$25M

Tintri

Secondary Market - Tintri

Prosper Marketplace

Secondary Market - Prosper Marketplace

UniKey Technologies

Series A - UniKey Technologies

$10M

Akkadian Ventures III, L.P.

$74M

Structure Capital

Venture Round - Structure Capital

DataStax

Later Stage VC

---

Automattic

Later Stage VC

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DataStax

Secondary Market - DataStax

Apptio

Secondary Market - Apptio

Rocket Fuel

Secondary Market - Rocket Fuel

$7.2M

Akkadian Ventures II, L.P.

$22M

Akkadian Ventures Fund I SPVs

$12M

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