# Adams Capital Management: portfolio, investments and team

> Adams Capital Management is a vc firm based in United States. 49 investments on record, latest Dec 2014. Portfolio, stages, co-investors and team.

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

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

# Adams Capital Management

Last cheque observed Dec 2014. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

Quiet VC firm

Seed Series A Information Technology Networking Infrastructure

Follow Adams Capital Management and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fadams-capital-management)

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 49 on record

Since the last cheque **4345** days **00** hrs **00** min **00** sec

Median round **$8.8M** Rounds led **0 of 49** Sole investor **7 rounds** Exits **10 from the portfolio** Mostly in **United States, 100%**

Pitch Adams Capital Management

## Adams Capital Management highlights

- 01 49 rounds on record
- 02 Mostly Venture and Series B: 49% of its rounds
- 03 Sole investor in 7 rounds, median $5.7M
- 04 10 exits from the portfolio

## What they do

> Adams Capital Management, Inc. (ACM) is a Pittsburgh-based venture capital firm specializing in early-stage applied technology investments. From their own website

- **Type:** VC firm
- **Cheque size:** Not stated
- **Stages:** Seed Series A
- **Sectors:** Information Technology Networking Infrastructure
- **Based in:** Warren, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **49 appearances**

- **2014** 1 round
- **Dec** **[Dynamics](https://millionrounds.com/company/dynamics)** Series C · US **$70M** With 3 others
- **2013** 1 round
- **Jul** **[LiquidPiston](https://millionrounds.com/company/liquidpiston)** Series C · US · finsmes.com **$6.5M** With 1 other
- **2012** 1 round
- **May** **[NextIO](https://millionrounds.com/company/nextio)** Series F · US · reuters.com **$12M** With 1 other
- **2011** 8 rounds
- **May** **[Fotomoto](https://millionrounds.com/company/fotomoto)** Series A · US · techcrunch.com **$1.2M** Sole investor
- **May** **[Twelvefold](https://millionrounds.com/company/twelvefold)** Series C · US · pr-inside.com **$7.8M** With 1 other
- **Feb** **[ProspX](https://millionrounds.com/company/prospx)** Series B · US · techcrunchit.com **$8.0M** With 1 other
- **Feb** **[SnapRetail](https://millionrounds.com/company/snapretail)** Series A · US · finsmes.com **$6.0M** Sole investor
- **Feb** **[BookRenter.com](https://millionrounds.com/company/bookrenter-com)** Venture · US · techcrunch.com **$20M** With 5 others
- **Feb** **[Rafter](https://millionrounds.com/company/rafter)** Debt · US · techcrunch.com **$20M** With 6 others
- **Jan** **[LiquidPiston](https://millionrounds.com/company/liquidpiston)** Series B · US · finsmes.com **$5.0M** With 1 other
- **Jan** **[CipherOptics](https://millionrounds.com/company/cipheroptics)** Venture · US · localtechwire.com **$21M** With 4 others
- **2010** 7 rounds
- **Aug** **[Additech](https://millionrounds.com/company/additech)** Venture · US · techcrunch.com **$4.6M** With 1 other
- **Jul** **[Twelvefold](https://millionrounds.com/company/twelvefold)** Series B · US · paidcontent.org **$8.8M** With 1 other
- **Jun** **[Rafter](https://millionrounds.com/company/rafter)** Series B · US · techcrunch.com **$10M** With 3 others
- **Jun** **[BookRenter.com](https://millionrounds.com/company/bookrenter-com)** Series B · US · techcrunch.com **$10M** With 2 others
- **May** **[LibreDigital](https://millionrounds.com/company/libredigital)** Series C · US · paidcontent.org **$8.1M** With 2 others
- **Jan** **[CampaignerCRM](https://millionrounds.com/company/campaignercrm)** Venture · US · masshightech.com **$8.0M** With 3 others
- **Jan** **[BioLeap](https://millionrounds.com/company/bioleap)** Series A · US · eon.businesswire.com **$5.0M** With 1 other
- **2009** 4 rounds
- **Nov** **[BookRenter.com](https://millionrounds.com/company/bookrenter-com)** Series A · US · techcrunch.com **$6.0M** With 1 other
- **Nov** **[Rafter](https://millionrounds.com/company/rafter)** Series A · US · techcrunch.com **$6.0M** With 2 others
- **Sept** **[Dynamics](https://millionrounds.com/company/dynamics)** Series A · US · prnewswire.com **$5.7M** Sole investor
- **Jul** **[LibreDigital](https://millionrounds.com/company/libredigital)** Series B · US · paidcontent.org **$15M** With 1 other
- **2008** 6 rounds
- **Dec** **[ProspX](https://millionrounds.com/company/prospx)** Series A · US **$6.5M** Sole investor
- **Oct** **[VBrick Systems, Inc.](https://millionrounds.com/company/vbrick-systems-inc)** Venture · US · contentinople.com **$12M** With 3 others
- **Jun** **[DATAllegro](https://millionrounds.com/company/datallegro)** Series D · US · techcrunchit.com **$20M** With 7 others
- **Apr** **[Uplogix](https://millionrounds.com/company/uplogix)** Series C · US · austin.bizjournals.com **$10M** With 2 others
- **Feb** **[NextIO](https://millionrounds.com/company/nextio)** Series C · US · virtualization.com **$19M** With 4 others
- **Jan** **[Intrinsity](https://millionrounds.com/company/intrinsity)** Series E · US **$32M** With 4 others
- **2007** 5 rounds
- **Nov** **[Twelvefold](https://millionrounds.com/company/twelvefold)** Series A · US · paidcontent.org **$2.5M** With 3 others
- **Jul** **[LiquidPiston](https://millionrounds.com/company/liquidpiston)** Series A · US · deals.venturebeat.com **$1.8M** Sole investor
- **Jun** **[Luminescent Technologies](https://millionrounds.com/company/luminescent-technologies)** Series D · US · luminescenttechnologies.com **$9.0M** With 1 other
- **May** **[nLIGHT Corp.](https://millionrounds.com/company/nlight-corp)** Series D · US **$15M** With 3 others
- **Jan** **[Twelvefold](https://millionrounds.com/company/twelvefold)** Series A · US · paidcontent.org **$9.6M** With 2 others
- **2006** 5 rounds
- **Sept** **[DATAllegro](https://millionrounds.com/company/datallegro)** Series C · US · datallegro.com **$23M** With 5 others
- **Aug** **[Additech](https://millionrounds.com/company/additech)** Venture · US **$6.0M** With 1 other
- **Jul** **[AmberWave](https://millionrounds.com/company/amberwave)** Series E · US · eetimes.com **$25M** With 4 others
- **Apr** **[Uplogix](https://millionrounds.com/company/uplogix)** Series B · US · thefreelibrary.com **$7.0M** With 1 other
- **Feb** **[LibreDigital](https://millionrounds.com/company/libredigital)** Venture · US **$4.0M** With 2 others
- **2005** 3 rounds
- **Dec** **[Touchdown Technologies](https://millionrounds.com/company/touchdown-technologies)** Series B · US **$13M** With 4 others
- **Nov** **[Mirage Networks](https://millionrounds.com/company/mirage-networks)** Series C · US · miragenetworks.com **$12M** With 4 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 **3 named**

AL **Andrea Lynn Stephenson** Treasurer i Form ADV

JE **Jennifer Elisabeth Parulo** CFO i Form ADV

JP **Joel Peter Adams** President and Managing General Partner i Form ADV

We also hold **7** 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

**$194M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Adams Capital Management, Inc.
- **SEC number:** CRD 162533

## Exits from the portfolio

Companies it backed that were later bought or listed **10 in all**

**[Fotomoto](https://millionrounds.com/company/fotomoto)** Bought by Bay Photo **Undisclosed** Jul 2013

**[Fotomoto](https://millionrounds.com/company/fotomoto)** Bought by liveBooks **Undisclosed** Dec 2012

**[LibreDigital](https://millionrounds.com/company/libredigital)** Bought by RR Donnelley (Nasdaq:RRD) **Undisclosed** Aug 2011

**[Intrinsity](https://millionrounds.com/company/intrinsity)** Bought by [Apple](https://millionrounds.com/fund/apple) **$121M** Apr 2010

**[Touchdown Technologies](https://millionrounds.com/company/touchdown-technologies)** Bought by Verigy **Undisclosed** Jun 2009

**[Mirage Networks](https://millionrounds.com/company/mirage-networks)** Bought by Trustwave Holdings **Undisclosed** Feb 2009

**[DATAllegro](https://millionrounds.com/company/datallegro)** Bought by [Microsoft](https://millionrounds.com/fund/microsoft) **Undisclosed** Jul 2008

**[Factory Logic](https://millionrounds.com/company/factory-logic)** Bought by [SAP](https://millionrounds.com/fund/sap) **Undisclosed** Dec 2006

**[Flashline](https://millionrounds.com/company/flashline)** Bought by [BEA Systems](https://millionrounds.com/fund/bea-systems) **Undisclosed** Jan 2006

**[Infolibria](https://millionrounds.com/company/infolibria)** Bought by Certeon **Undisclosed** Jan 2003

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

## The cheque

Seed Series A

Median round joined **$8.8M** the round, not its cheque Alone, median **$5.7M**

Led 0 of 49 rounds **0%**

- **Sole investor:** 7 rounds
- **Last cheque:** Dec 2014
- **Exits:** 10 from the portfolio

Rounds by stage said on their site

- Venture *12*
- Series B *11*
- Series A said *10*
- Series C *8*
- Series D *4*
- Series E *2*
- Seed said *-*

Cheques by year Led Joined

2001 2014

Often in the room with

- [Storm Ventures](https://millionrounds.com/fund/storm-ventures) 6
- [The Hillman Company](https://millionrounds.com/fund/the-hillman-company) 5
- [Norwest Venture Partners](https://millionrounds.com/fund/norwest) 4
- [TeleSoft Partners](https://millionrounds.com/fund/telesoft-partners) 4
- [ARCH Venture Partners](https://millionrounds.com/fund/arch-venture-partners) 3
- [Ackerley Partners](https://millionrounds.com/fund/ackerley-partners-llc) 3

**Pitching Adams Capital Management?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

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

[**Storm Ventures** VC firm **6** rounds together](https://millionrounds.com/fund/storm-ventures)[**The Hillman Company** Family office **5** rounds together](https://millionrounds.com/fund/the-hillman-company)[**Norwest Venture Partners** VC firm **4** rounds together](https://millionrounds.com/fund/norwest)[**TeleSoft Partners** VC firm **4** rounds together](https://millionrounds.com/fund/telesoft-partners)[**ARCH Venture Partners** VC firm **3** rounds together](https://millionrounds.com/fund/arch-venture-partners)[**Ackerley Partners** VC firm **3** rounds together](https://millionrounds.com/fund/ackerley-partners-llc)[**Focus Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/focus-ventures)[**Kortschak Investments L.P.** Family office **3** rounds together](https://millionrounds.com/fund/kortschak-investments-l-p)[**Menlo Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/menlo-ventures)[**Northwater Capital** VC firm **3** rounds together](https://millionrounds.com/fund/northwater-capital)[**3i Group** Private equity **2** rounds together](https://millionrounds.com/fund/3i-group)[**BEV Capital** Growth equity **2** rounds together](https://millionrounds.com/fund/bev-capital)

## Quick answers about Adams Capital Management

### What does Adams Capital Management invest in?

Adams Capital Management invests most often at Venture and Series B (49% of the rounds on record), in sectors such as Information Technology and Networking Infrastructure.

### How active is Adams Capital Management?

49 investments on record, 0 of them in the last 12 months. The most recent was in Dec 2014.

### How big are Adams Capital Management's cheques?

The median round it joins is $8.8M.

### Does Adams Capital Management lead rounds?

Rarely, if at all: none of its 49 investments on record names it as the lead.

### Where does Adams Capital Management invest?

Most of the companies it backs are in the United States (100%).

### Is Adams Capital Management investing now?

No investments in the last 12 months; the latest was in Dec 2014.

### Who does Adams Capital Management invest alongside?

Most often Storm Ventures (6 rounds together), The Hillman Company (5 rounds together) and Norwest Venture Partners (4 rounds together).

### What kind of investor is Adams Capital Management?

Adams Capital Management is a VC firm based in Warren, United States.

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