# ACE & Company: portfolio, investments and team

> ACE & Company is a private equity based in Switzerland. 53 investments on record, latest Apr 2019. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/ace-and-company (Millionrounds; every figure on the page links to its filing or article)

Switzerland · [Investor](https://millionrounds.com/investors)

# ACE & Company

Filed with the SEC to raise a fund in May 2024, closing $11,959M. Last cheque observed Apr 2019.

Quiet New fund $12B, May 2024 Private equity

Seed Series A Series B Big Data Retail Venture Capital & Private Equity

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 53 on record

Since the last cheque **2762** days **00** hrs **00** min **00** sec

Median round **$12M** Rounds led **0 of 53** Sole investor **5 rounds** Exits **5 from the portfolio** Mostly in **United States, 77%**

Pitch ACE & Company

## ACE & Company highlights

- 01 53 rounds on record
- 02 Mostly Seed and Series A: 90% of its rounds
- 03 Sole investor in 5 rounds, median undisclosed
- 04 5 exits from the portfolio

## What they do

> ACE & Company is a Geneva-based private equity and venture capital firm with more than $2.0 billion in assets under management and over 20 years of experience. From their own website

- **Type:** Private equity (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Seed Series A Series B
- **Sectors:** Big Data Retail Venture Capital & Private Equity
- **Based in:** Geneva, Switzerland
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **53 appearances**

- **2019** 3 rounds
- **Apr** **[GrubMarket](https://millionrounds.com/company/grubmarket)** Series C · US · TechCrunch **$25M** With 9 others
- **Mar** **[Goodly](https://millionrounds.com/company/goodly)** Seed · US · FinSMEs **$1.3M** With 3 others
- **Feb** **[Roofr](https://millionrounds.com/company/roofr)** Seed · US · FinSMEs **$4.0M** With 2 others
- **2017** 2 rounds
- **Jun** **[Tizeti](https://millionrounds.com/company/tizeti)** NG · TechCrunch **$2.1M** With 8 others
- **Jan** **[CompareEuropeGroup](https://millionrounds.com/company/compareeuropegroup)** Series A · GB · FinSMEs **$21M** With 2 others
- **2016** 1 round
- **Aug** **[GrubMarket](https://millionrounds.com/company/grubmarket)** Series B · US · TechCrunch **$20M** With 25 others
- **2015** 7 rounds
- **Oct** **[Toast](https://millionrounds.com/company/toast)** Seed **$850K** With 2 others
- **Oct** **[Mino Games](https://millionrounds.com/company/mino-games)** Seed · US **$2.2M** With 3 others
- **Oct** **[Afrostream](https://millionrounds.com/company/afrostream)** Venture · FR **Undisclosed** With 3 others
- **Jun** **[Pachyderm](https://millionrounds.com/company/pachyderm)** Seed · US **$2.0M** With 11 others
- **May** **[Taplytics](https://millionrounds.com/company/taplytics)** Seed · US **$2.4M** With 14 others
- **Apr** **[DaoPay GmbH](https://millionrounds.com/company/daopay-gmbh)** Seed · AT **Undisclosed** With 1 other
- **Apr** **[CompareAsiaGroup](https://millionrounds.com/company/compareasiagroup)** Series A · HK **$40M** With 6 others
- **2014** 3 rounds
- **Dec** **[Verbling](https://millionrounds.com/company/verbling)** Series A · US **$2.7M** With 12 others
- **Oct** **[Sense Platform](https://millionrounds.com/company/sense-platform)** Seed · US **$1.1M** With 2 others
- **Feb** **[Asseta](https://millionrounds.com/company/asseta)** Seed · US **$535K** With 3 others
- **2013** 13 rounds
- **Dec** **[Swapbox](https://millionrounds.com/company/swapbox)** Seed · US · techcrunch.com **$800K** With 4 others
- **Sept** **[Goldbely](https://millionrounds.com/company/goldbely)** Seed · US · techcrunch.com **$3.0M** With 9 others
- **Sept** **[Glio](https://millionrounds.com/company/glio)** Seed · BR **Undisclosed** With 5 others
- **Sept** **[Toutpost](https://millionrounds.com/company/toutpost)** Seed · US **Undisclosed** Sole investor
- **Aug** **[Buttercoin](https://millionrounds.com/company/buttercoin)** Seed · US · pevc.dowjones.com **$1.0M** With 7 others
- **Jul** **[Wool and the Gang](https://millionrounds.com/company/wool-and-the-gang)** Seed · GB · techcrunch.com **$2.8M** With 5 others
- **Jul** **[Apportable](https://millionrounds.com/company/apportable)** Seed · US · pevc.dowjones.com **$2.4M** With 4 others
- **Jun** **[Truly](https://millionrounds.com/company/truly)** Seed · GB **Undisclosed** With 1 other
- **May** **[Vayable](https://millionrounds.com/company/vayable)** Seed · US **Undisclosed** Sole investor
- **Mar** **[Fivetran Inc](https://millionrounds.com/company/fivetran-inc)** Seed · US **Undisclosed** With 1 other
- **Mar** **[Medisas](https://millionrounds.com/company/medisas)** Seed · US **Undisclosed** With 4 others
- **Feb** **[Virool](https://millionrounds.com/company/virool)** Seed · US · techcrunch.com **$6.6M** With 24 others
- **Feb** **[Sense Platform](https://millionrounds.com/company/sense-platform)** Seed · US **$160K** With 1 other
- **2012** 10 rounds
- **Oct** **[TapToLearn](https://millionrounds.com/company/taptolearn)** Seed · US **Undisclosed** With 3 others
- **Aug** **[StudyEdge](https://millionrounds.com/company/studyedge)** Seed · US **Undisclosed** With 2 others
- **Jul** **[Virool](https://millionrounds.com/company/virool)** Seed · US · techcrunch.com **Undisclosed** With 4 others
- **May** **[PlanGrid](https://millionrounds.com/company/plangrid)** Seed · US · techcrunch.com **$1.1M** With 12 others
- **May** **[Priceonomics](https://millionrounds.com/company/priceonomics)** Seed · US · techcrunch.com **$1.5M** With 28 others
- **Apr** **[TapToLearn](https://millionrounds.com/company/taptolearn)** Seed · US **Undisclosed** With 1 other
- **Apr** **[Rescale](https://millionrounds.com/company/rescale)** Seed · US **Undisclosed** With 3 others
- **Feb** **[GoCardless](https://millionrounds.com/company/gocardless)** Venture · GB · techcrunch.com **$1.5M** With 6 others
- **Jan** **[Verbling](https://millionrounds.com/company/verbling)** Seed · US · techcrunch.com **$1.0M** With 7 others
- **Jan** **[Lucidity Lights, Inc.](https://millionrounds.com/company/lucidity-lights-inc)** Seed · US **Undisclosed** Sole investor
- **2011** 6 rounds
- **Dec** **[CarWoo!](https://millionrounds.com/company/carwoo)** Series A · US · techcrunch.com **$6.0M** With 6 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **6 named**

AS **Adam Said** CEO i Form ADV

JJ **John Joseph** Chief Compliance Officer i Form ADV

JM **Joshua M. Bloomstein** Executive Officer i Filing they signed

MA **Michael A. Arougheti** Executive Officer i Filing they signed

MD **Michael D. Weiner** Executive Officer i Filing they signed

RK **Robert Kipp deVeer** Executive Officer i Filing they signed

We also hold **11** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$66M** assets it manages Oct 2026

**Registered** investment adviser full reporting to the SEC

- **Legal name:** ACE & COMPANY NEW YORK, INC.
- **SEC number:** CRD 304442

Funds on its Form ADV

**4** private funds, **$37M** in gross assets · filed Mar 2024

- ACE Emerging Sponsors I, L.P. *Private equity* 9 investors $15M
- ACE Buyout Investment LTD *Private equity* 1 investor $8.0M
- A-Star SX 3 L.P. *Private equity* 13 investors $7.3M
- ACE Early Stage Partners III L.P. *Private equity* 4 investors $6.5M

## Exits from the portfolio

Companies it backed that were later bought or listed **5 in all**

**[dotCloud](https://millionrounds.com/company/dotcloud)** Bought by cloudControl **Undisclosed** Aug 2014

**[AdGrok](https://millionrounds.com/company/adgrok)** Bought by [Twitter](https://millionrounds.com/fund/twitter) **$10M** May 2011

**[FlightCaster](https://millionrounds.com/company/flightcaster)** Bought by Next Jump **Undisclosed** Jan 2011

**[Etacts](https://millionrounds.com/company/etacts)** Bought by Salesforce **Undisclosed** Dec 2010

**[Movity](https://millionrounds.com/company/movity)** Bought by Trulia **Undisclosed** Dec 2010

An exit counts when it came after the firm's first round in the company. From historical deal records.

New fund on file

**$12B**

raised in May 2024

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Seed Series A Series B

Median round joined **$12M** the round, not its cheque Alone, median **-**

Led 0 of 53 rounds **0%**

- **Sole investor:** 5 rounds
- **Last cheque:** Apr 2019
- **Exits:** 5 from the portfolio

Rounds by stage said on their site

- Seed said *42*
- Series A said *5*
- Venture *3*
- Series B said *1*
- Series C *1*

Cheques by year Led Joined

2009 2019

Often in the room with

- [Y Combinator](https://millionrounds.com/fund/y-combinator) 19
- [SV Angel](https://millionrounds.com/fund/sv-angel) 9
- [Paul Buchheit](https://millionrounds.com/fund/paul-buchheit) 8
- [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) 7
- [Alexis Ohanian](https://millionrounds.com/fund/alexis-ohanian) 6
- [Base Ventures](https://millionrounds.com/fund/base-ventures) 5

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## Who they invest alongside

The investors most often in the same rounds as ACE & Company. A count of rooms they were both in, not a relationship either has claimed.

[**Y Combinator** Accelerator **19** rounds together](https://millionrounds.com/fund/y-combinator)[**SV Angel** VC firm **9** rounds together](https://millionrounds.com/fund/sv-angel)[**Paul Buchheit** Angel **8** rounds together](https://millionrounds.com/fund/paul-buchheit)[**Andreessen Horowitz** VC firm **7** rounds together](https://millionrounds.com/fund/andreessen-horowitz)[**Alexis Ohanian** Angel **6** rounds together](https://millionrounds.com/fund/alexis-ohanian)[**Base Ventures** VC firm **5** rounds together](https://millionrounds.com/fund/base-ventures)[**FundersClub** VC firm **5** rounds together](https://millionrounds.com/fund/fundersclub)[**Start Fund** VC firm **5** rounds together](https://millionrounds.com/fund/start-fund)[**Erik Moore** VC firm **4** rounds together](https://millionrounds.com/fund/base-ventures-2)[**Great Oaks Venture Capital** VC firm **4** rounds together](https://millionrounds.com/fund/great-oaks-venture-capital)[**Raymond Tonsing** VC firm **4** rounds together](https://millionrounds.com/fund/raymond-tonsing)[**Sam Altman** Angel **4** rounds together](https://millionrounds.com/fund/sam-altman)

## Recently backed

The latest companies ACE & Company put money into.

[**GrubMarket** $25M · Apr 2019](https://millionrounds.com/company/grubmarket)[**Goodly** $1.3M · Mar 2019](https://millionrounds.com/company/goodly)[**Roofr** $4.0M · Feb 2019](https://millionrounds.com/company/roofr)

## Quick answers about ACE & Company

### What does ACE & Company invest in?

ACE & Company invests most often at Seed and Series A (90% of the rounds on record), in sectors such as Big Data, Retail and Venture Capital & Private Equity.

### How active is ACE & Company?

53 investments on record, 0 of them in the last 12 months. The most recent was in Apr 2019.

### What has ACE & Company invested in recently?

Its most recent investments on record: GrubMarket (Series C, Apr 2019), Goodly (Seed, Mar 2019) and Roofr (Seed, Feb 2019).

### How big are ACE & Company's cheques?

The median round it joins is $12M.

### Does ACE & Company lead rounds?

Rarely, if at all: none of its 53 investments on record names it as the lead.

### Where does ACE & Company invest?

Most of the companies it backs are in the United States (77%) and the United Kingdom (10%).

### Is ACE & Company investing now?

No investments in the last 12 months; the latest was in Apr 2019.

### Who does ACE & Company invest alongside?

Most often Y Combinator (19 rounds together), SV Angel (9 rounds together) and Paul Buchheit (8 rounds together).

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