Company Overview
21Ventures, founded in January 2004, is a venture capital fund specializing in the investment and development of seed and early stage technology companies. Our primary geographic focus is Israel, where over half of our investment capital has been deployed to date. Our secondary market is the United States, in areas where seed and early stage capital is limited, such as the New York Metropolitan area and Southern California. Based in New York City and Tel Aviv, 21Ventures invests primarily in the physical security, clean energy and mobile software markets. 21Ventures will opportunistically invest outside of these 3 markets on a company by company basis.
Despite its world-class science and reputation for technological innovation, venture capital investment in Israel declined dramatically after the NASDAQ crash of 2000, leaving a breach in the earliest stage of the funding cycle that remains today.
21Ventures fills the gap for seed and early stage funding by initially investing $250,000 to $2,000,000 in select companies that meet our strict investment criteria. In addition to providing funding, 21Ventures takes a hands-on operating role in each portfolio company as needed, leveraging the expertise of our operating partners to help build infrastructure and sales for our portfolio companies.
21Ventures has 3 key differentiators from other venture funds that benefit our Limited Partners and our portfolio companies. These key differentiators are:
- 21Ventures does not charge a management fee to our Limited Partners. Our LP's can choose to invest in opportunities presented to them on a company by company basis.
- 21Ventures seeks to maximize capital efficiency by investing in companies that require only $5–10 million to reach profitability and up to $20 million to reach an exit. This allows us to fund our portfolio companies through to exit, which we expect to be in the $300-$500 million range, and to achieve our target return of 10–15x on each portfolio company.
- 21Ventures' operating partners work actively in our portfolio companies, rather than acting solely as Board members. This provides greater oversight for 21Ventures and provides the portfolio with the services of seasoned, successful technology executives.
Since 2004, 21Ventures has made 15 investments. We have yet to have a company written down, and all of our portfolio companies are funded through year end. In addition, each of our revenue stage companies are achieving year over year sales growth.
21st Century Science, 21st Century Entrepreneurs