Cendana Capital is an investment firm specializing in direct and fund of fund investment. It seeks to invest in private equity and venture capital funds including angel funds, institutional seed funds, and micro-cap funds. In venture capital fund, it seeks to invest in funds that invest in startup and late venture businesses. It seeks to invest in the Fintech sector. The firm typically allocates between $5 million and $10 million per investment and invests between 10 percent and 20 percent in venture funds, and the remaining in distressed debts and small and mid-sized buyout funds. Cendana Capital was founded in 2009 and is based in San Francisco, California.
Cendana Capital is a "next generation funds-of-funds" founded by Michael Kim in 2009. Based in San Francisco, Cendana Capital invests in seed VC funds.
Currently, Cendana is on the LP Advisory Boards of Accelerator Ventures, Bolt VC, Bowery Capital, Cherubic Ventures, Collaborative Fund, Engineering Capital, Forerunner Ventures, Founder Collective, Freestyle Capital, IA Ventures, K9 Ventures, Lerer Hippeau, MHS Capital, Mucker Capital, NextView Ventures, Root Ventures, Susa Ventures, PivotNorth Capital, Uncork Capital (fka SoftTech VC) and Wave Ventures.
Cendana Capital has made 14 investments. One of their investments was on Oct 23, 2018, when they invested $15M in FILLD. Cendana Capital has raised a total of $457.3M across 8 funds, one of them being Cendana Blackbird, LP. This fund was announced on Apr 5, 2017, and raised a total of $75M.
Funding Rounds Participated In
- Venture capitalVenture capital is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies, that have been deemed to have high growth potential or which have demonstrated high growth. Capital invested usually carries a substantial element of risk.