Overview
Pro-rata co-investment fund providing growth capital to VC firms.
Deals · 12mo
8
Stage focus
Geographic focus
Sector focus
Investment portfolio
| NAME | DATE | SIZE | |
|---|---|---|---|
Flyle | Oct 2026Participated | $12 MSeries A | |
X Mile | Aug 2026Participated | $20 MSeries C | |
MW | Jun 2026Participated | $19 MSeed | |
Honeycomb | Jun 2026Participated | $40 MSeries C | |
ATOM | May 2026Participated | $19 MSeed | |
Intersect Inc. | Jan 2026Led | $2 MSeries A | |
Intersect | Jan 2026Led | $2 MSeries A | |
Tailor | Nov 2025Participated | $15 MSeries A | |
Pearl | Jul 2024Participated | $58 MSeries B | |
Invisible | Oct 2018Participated | $3 MSeed | |
Flyle | Oct 2026Participated | $12 MSeries A | |
X Mile | Aug 2026Participated | $20 MSeries C | |
MW | Jun 2026Participated | $19 MSeed | |
Honeycomb | Jun 2026Participated | $40 MSeries C | |
ATOM | May 2026Participated | $19 MSeed | |
Intersect Inc. | Jan 2026Led | $2 MSeries A | |
Intersect | Jan 2026Led | $2 MSeries A | |
Tailor | Nov 2025Participated | $15 MSeries A | |
Pearl | Jul 2024Participated | $58 MSeries B | |
Invisible | Oct 2018Participated | $3 MSeed |
Insights
Time horizon
View by
Deal Distribution
| Round type | Led deals | Participated deals |
|---|---|---|
| Seed | 0 | 3 |
| Series A | 2 | 2 |
| Series B | 0 | 1 |
| Series C+ | 0 | 2 |
Monthly Deal Activity
| Month | Deals |
|---|---|
| Oct '18 | 1 |
| Nov '18 | 0 |
| Dec '18 | 0 |
| Jan '19 | 0 |
| Feb '19 | 0 |
| Mar '19 | 0 |
| Apr '19 | 0 |
| May '19 | 0 |
| Jun '19 | 0 |
| Jul '19 | 0 |
| Aug '19 | 0 |
| Sep '19 | 0 |
| Oct '19 | 0 |
| Nov '19 | 0 |
| Dec '19 | 0 |
| Jan '20 | 0 |
| Feb '20 | 0 |
| Mar '20 | 0 |
| Apr '20 | 0 |
| May '20 | 0 |
| Jun '20 | 0 |
| Jul '20 | 0 |
| Aug '20 | 0 |
| Sep '20 | 0 |
| Oct '20 | 0 |
| Nov '20 | 0 |
| Dec '20 | 0 |
| Jan '21 | 0 |
| Feb '21 | 0 |
| Mar '21 | 0 |
| Apr '21 | 0 |
| May '21 | 0 |
| Jun '21 | 0 |
| Jul '21 | 0 |
| Aug '21 | 0 |
| Sep '21 | 0 |
| Oct '21 | 0 |
| Nov '21 | 0 |
| Dec '21 | 0 |
| Jan '22 | 0 |
| Feb '22 | 0 |
| Mar '22 | 0 |
| Apr '22 | 0 |
| May '22 | 0 |
| Jun '22 | 0 |
| Jul '22 | 0 |
| Aug '22 | 0 |
| Sep '22 | 0 |
| Oct '22 | 0 |
| Nov '22 | 0 |
| Dec '22 | 0 |
| Jan '23 | 0 |
| Feb '23 | 0 |
| Mar '23 | 0 |
| Apr '23 | 0 |
| May '23 | 0 |
| Jun '23 | 0 |
| Jul '23 | 0 |
| Aug '23 | 0 |
| Sep '23 | 0 |
| Oct '23 | 0 |
| Nov '23 | 0 |
| Dec '23 | 0 |
| Jan '24 | 0 |
| Feb '24 | 0 |
| Mar '24 | 0 |
| Apr '24 | 0 |
| May '24 | 0 |
| Jun '24 | 0 |
| Jul '24 | 1 |
| Aug '24 | 0 |
| Sep '24 | 0 |
| Oct '24 | 0 |
| Nov '24 | 0 |
| Dec '24 | 0 |
| Jan '25 | 0 |
| Feb '25 | 0 |
| Mar '25 | 0 |
| Apr '25 | 0 |
| May '25 | 0 |
| Jun '25 | 0 |
| Jul '25 | 0 |
| Aug '25 | 0 |
| Sep '25 | 0 |
| Oct '25 | 0 |
| Nov '25 | 1 |
| Dec '25 | 0 |
| Jan '26 | 2 |
| Feb '26 | 0 |
| Mar '26 | 0 |
| Apr '26 | 0 |
| May '26 | 1 |
| Jun '26 | 2 |
| Jul '26 | 0 |
| Aug '26 | 1 |
| Sep '26 | 0 |
| Oct '26 | 1 |
Sector Breakdown
A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.
| Sector | Deals |
|---|---|
| AI & Machine Learning | 4 |
| Hardware & Robotics | 2 |
| Enterprise Software | 2 |
| Professional Services | 2 |
| Transportation & Logistics | 2 |
| Networks, Cloud & Communication | 1 |
| Fintech | 1 |
| Manufacturing | 1 |
| Health & Life Sciences | 1 |
| Real Estate & Construction | 1 |
| Space & Frontier Tech | 1 |
| Social & Community Platforms | 1 |
| Developer Tools | 1 |
Deal Size Distribution
Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.
| Round size band (USD) | Deals |
|---|---|
| <$5M | 3 |
| $5M-$10M | 0 |
| $10M-$25M | 5 |
| $25M-$50M | 1 |
| $50M-$100M | 1 |
| $100M-$250M | 0 |
| $250M-$500M | 0 |
| $500M-$1B | 0 |
| $1B+ | 0 |
Deals By Geography
Top 2 of 2 regions; European countries are grouped as Europe.
| Region | Deals |
|---|---|
| United States | 6 |
| Japan | 4 |
Co-Investors
Bubble size = shared deals
Click a bubble to open that fund in a new tab.
Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.
| Co-investor | Shared deals |
|---|---|
| Mitsubishi UFJ Capital | 3 |
| Mizuho Capital | 3 |
| SMBC Venture Capital | 3 |
| Japan Post Capital | 2 |
| JPS Growth Investment Limited Partnership | 2 |
| SBI Investment | 2 |
| Skyland Ventures | 2 |
| Aflac | 1 |
| ALL STAR SAAS FUND | 1 |
| ANRI | 1 |
| Backed | 1 |
| Beyond Next Ventures | 1 |
| Blue Lab | 1 |
| Craft Ventures | 1 |
| Day One Ventures | 1 |
| FFG Venture Business Partners | 1 |
| Global Brain | 1 |
| Globis Capital Partners | 1 |
| i-nest capital | 1 |
| Ibex Investors | 1 |
Investment Strategy
| Category | Deals (count) | Share (%) |
|---|---|---|
| Led | 2 | 20% |
| Participating | 8 | 80% |
| Category | Deals (count) | Share (%) |
|---|---|---|
| Single-lead | 0 | 0% |
| Co-led | 2 | 100% |
Team
Venture Partner
Partner/Co-founder
Venture Partner
Director of Investor Relations
Venture Advisor
Venture Advisor and Limited Partner
Business Management
General Partner
Senior Associate / SPAC Associate
Founder and Managing Partner
