The Venture Codex Logo

The Venture Codex

Rand Capital

14 Lafayette Square Suite 1405, Buffalo, NY, 14203, United States

Overview

Venture capital firm investing in growth opportunities for businesses.

Founded

1969

Deals · 12mo

0

Links

WebsiteLinkedIn

Stage focus

—

Geographic focus

United States

Sector focus

Finance
Financial Services
Venture Capital

Investment portfolio

34rounds
NAMEDATESIZE
Centivo
Dec 2020Participated
$34 MSeries B
Grainful
Nov 2018Led
$0.14 MOther Equity
Centivo
Jul 2018Participated
$34 MSeries A
Tilson
Nov 2017Participated
$5 MSeries D
Genicon
Jul 2017Participated
$7 MOther Equity
Grainful
Jun 2017Participated
$3 MOther Equity
PostProcess Technologies
Apr 2017Participated
$4 MSeed
ACV
Sep 2016Participated
$5 MSeries A
Empire Genomics
May 2016Participated
$2 MOther Equity
Genicon
Apr 2016Led
$1 MDebt
ClearView Social
Mar 2016Led
$0.50 MSeed
SocialFlow
Dec 2015Participated
$8 MSeries C
Centivo
Dec 2020Participated
$34 MSeries B
Grainful
Nov 2018Led
$0.14 MOther Equity
Centivo
Jul 2018Participated
$34 MSeries A
Tilson
Nov 2017Participated
$5 MSeries D
Genicon
Jul 2017Participated
$7 MOther Equity
Grainful
Jun 2017Participated
$3 MOther Equity
PostProcess Technologies
Apr 2017Participated
$4 MSeed
ACV
Sep 2016Participated
$5 MSeries A
Empire Genomics
May 2016Participated
$2 MOther Equity
Genicon
Apr 2016Led
$1 MDebt
ClearView Social
Mar 2016Led
$0.50 MSeed
SocialFlow
Dec 2015Participated
$8 MSeries C
34
Items
...
Browse all public portfolio deals

Insights

Time horizon

View by

Deal Distribution

Rand Capital: 34 funding rounds are recorded in the selected participation categories.All available history.
Rand Capital: 34 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed11
Series A03
Series B13
Series C+02
Other Equity1111
Debt10

Monthly Deal Activity

Rand Capital: 34 deals are recorded across 204 months.All available history.
Rand Capital: 34 deals are recorded across 204 months. All available history
MonthDeals
Nov '091
Dec '090
Jan '100
Feb '100
Mar '100
Apr '100
May '100
Jun '100
Jul '100
Aug '100
Sep '100
Oct '100
Nov '100
Dec '100
Jan '110
Feb '110
Mar '110
Apr '110
May '110
Jun '110
Jul '110
Aug '110
Sep '110
Oct '110
Nov '110
Dec '111
Jan '120
Feb '120
Mar '120
Apr '121
May '120
Jun '120
Jul '120
Aug '120
Sep '120
Oct '120
Nov '122
Dec '121
Jan '130
Feb '130
Mar '130
Apr '131
May '131
Jun '130
Jul '131
Aug '131
Sep '130
Oct '130
Nov '132
Dec '131
Jan '140
Feb '141
Mar '140
Apr '140
May '140
Jun '140
Jul '142
Aug '140
Sep '140
Oct '140
Nov '140
Dec '140
Jan '150
Feb '151
Mar '151
Apr '151
May '150
Jun '150
Jul '150
Aug '150
Sep '152
Oct '151
Nov '150
Dec '151
Jan '160
Feb '160
Mar '161
Apr '161
May '161
Jun '160
Jul '160
Aug '160
Sep '161
Oct '160
Nov '160
Dec '160
Jan '170
Feb '170
Mar '170
Apr '171
May '170
Jun '171
Jul '171
Aug '170
Sep '170
Oct '170
Nov '171
Dec '170
Jan '180
Feb '180
Mar '180
Apr '180
May '180
Jun '180
Jul '181
Aug '180
Sep '180
Oct '180
Nov '181
Dec '180
Jan '190
Feb '190
Mar '190
Apr '190
May '190
Jun '190
Jul '190
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '200
Oct '200
Nov '200
Dec '201
Jan '210
Feb '210
Mar '210
Apr '210
May '210
Jun '210
Jul '210
Aug '210
Sep '210
Oct '210
Nov '210
Dec '210
Jan '220
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Rand Capital: Health & Life Sciences is the largest displayed sector by deal count (12 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Rand Capital: Health & Life Sciences is the largest displayed sector by deal count (12 deals). All available history
SectorDeals
Health & Life Sciences12
Enterprise Software9
Data, Analytics & IT5
Networks, Cloud & Communication5
Manufacturing5
Cybersecurity & Privacy4
Marketing & Advertising4
Hardware & Robotics4
Media & Entertainment4
Social & Community Platforms4
Fintech3
Professional Services3
E-Commerce & Retail2
Food & Agriculture2
Developer Tools2
Government & Defense1
Space & Frontier Tech1
Transportation & Logistics1
Consumer & Lifestyle1

Deal Size Distribution

Rand Capital: 34 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Rand Capital: 34 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M21
$5M-$10M6
$10M-$25M4
$25M-$50M3
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Rand Capital: United States has the largest recorded deal count among the displayed regions (33 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

Rand Capital: United States has the largest recorded deal count among the displayed regions (33 deals). All available history
RegionDeals
United States33
142031
Rand Capital: 20 co-investors are shown, with Advantage Capital sharing 8 recorded deals.All available history.

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.

Rand Capital: 20 co-investors are shown, with Advantage Capital sharing 8 recorded deals. All available history
Co-investorShared deals
Advantage Capital8
Cayuga Venture Fund7
Gefinor Capital6
Bain Capital Ventures3
CEI Ventures3
F-Prime Capital3
SoftBank3
Ascent Venture Partners2
Bessemer Venture Partners2
Coastal Ventures2
Company Ventures2
Enhanced Capital2
FA Technology Ventures2
Fairhaven Capital2
Ingleside Investors2
Maverick Ventures2
Onondaga Venture Capital Fund2
SCP Buffalo Incubator Innovate NY Fund2
AOL Ventures1
Armory Square Ventures1

Investment Strategy

Rand Capital: Led accounts for 41% and participating for 59% of round participation.All available history.
Rand Capital: Led accounts for 41% and participating for 59% of round participation. All available history
CategoryDeals (count)Share (%)
Led1441%
Participating2059%
Rand Capital: Single-lead accounts for 43% and co-led for 57% of lead dynamics.All available history.
Rand Capital: Single-lead accounts for 43% and co-led for 57% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead643%
Co-led857%

Team

Daniel P. Penberthy

Chief Financial Officer

Don Ross

Founder

George Rand

Founder

Margaret Whalen Brechtel

Vice President of Finance

Pete Grum

President