Theorem Group
116 New Montgomery St #820, San Francisco, CA, 94105, United States
Overview
Value-added seed and angel capital, with experienced advice at key inflection points: positioning, raising capital, connections, team building, bus dev, sales, messaging, marketing, communications, M&A / IPO. WHAT WE LOOK FOR - Significant market potential. High conviction, high commitment founders. Core teammates who have proven they can execute. Well-differentiated solutions with obvious appeal. Competitive advantage. Solid plan. Good chemistry. PORTFOLIO - Theorem portfolio companies include Delphix, Smule, Automatic, FundersClub, Visual.ly, Unified Social, Sokanu, Pixt, Trustpipe, Traackr, Chirpify, Raise.me, OfferUp and 915Labs. Exits include MP3.com, Sigaba, Atomic, ComContext, H30, Zui & Moonfruit. Pagelever was acquired in 2013 for shares in Unified Social. GEOGRAPHICS - Theorem is focused on companies based in San Francisco & Silicon Valley. HISTORY - Theorem partners Andy Getsey and James Hannon started with an investment in the IPO of MP3.com, and have made 20 select investments with 7 exits to date. MORE BACKGROUND - Andy and James are entrepreneurs and angel investors who understand first hand what it takes to launch and commercialize technologies and tech-related companies. Together, they co-developed a pioneering analytics platform, launched two companies and created an international joint venture with a publicly traded company – all of which were acquired. Along the way, they negotiated more than 500 contracts, opened 7 office locations and managed more than 200 staff in the US and Europe. In addition, they’ve invested in more than 20 companies, with 6 acquisitions and one IPO to date. They were the co-founders of Atomic, which became one of the fastest growing SF Bay Area companies for 5 years running, and one of Silicon Valley's premiere PR and social agencies for startups. Atomic was Technology PR Agency of the Year in 2010 and was acquired in 2011. They also co-developed ComContext, an award-winning communications analytics platform, which was also acquired. At Atomic, Andy and James advised on the launches, growth stages and/or exits of more than 75 high profile tech start-ups including Photobucket, Linkedin, Bebo, Rapt, Xign, Splunk!, Mint, Dropbox, Milo, Jobvite, Smule, Fusion-io, Arcsight, Hirevue, Leap Motion, Moonfruit, Delphix, Automatic, Rocket Fuel, Opower, Lending Club, FullScreen Networks, BrightRoll, Fountain and more. Theorem was founded in 2007.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Marketing
- Venture Capital
Investment portfolio
- 915 Labs
Participated · Equity · Nov 2015
915 Labs develops and commercializes Microwave Assisted Thermal Sterilization (MATS), a patented microwave energy delivery system that rapidly heats and sterilizes packaged food to preserve flavor, texture and nutrients. The company pairs MATS with advanced packaging to enable additive-free, shelf-stable consumer packaged foods and other uses such as MREs and humanitarian rations. Pilot-scale MATS systems are deployed at a major CPG company and two co-packers, including Wornick Foods, where customers have developed and tested recipes. 915 Labs is building a commercial-scale MATS-150 system capable of processing 150 packages per minute, with construction slated to begin in early 2016 and MATS-processed foods targeted for store shelves in early 2017. Financially, the company completed a $3 million initial round of funding and reports total investment to date in the MATS technology, including R&D, of $25 million. The technology was developed at Washington State University, has patents filed (first filed in 2006) and is the only microwave sterilization process accepted by the U.S. FDA.
Team
No current team members are available.