United States · 
What does Clearstone Venture Partners invest in?
Clearstone Venture Partners invests most often at Series B and Series A (52% of the rounds on record), in sectors such as Payment, Lending and Wealthtech.
Clearstone Venture Partners highlights
- 01
76 rounds on record
- 02
Mostly Series B and Series A: 52% of its rounds
- 03
Sole investor in 5 rounds, median $4.5M
- 04
14 exits from the portfolio
What they do
the Clearstone team has been the early stage lead investor behind great tech companiesFrom their own website
- Type
- VC firm (from a list, unverified)
- Cheque size
- Not stated
- Stages
- SeedSeries ASeries BGrowthPre-IPO
- Sectors
- PaymentLendingWealthtech
- Based in
- Santa Monica, United States
- Cold pitches
- Not accepted
The record
Every round we can evidence, newest first76 appearances
- 2013
2 rounds
- May
- Mar
- 2012
4 rounds
- Oct
- Aug
- Jul
- Jul
- 2011
2 rounds
- May
- Mar
- 2010
6 rounds
- Nov
- Nov
- Jun
- Jun
- May
- Feb
- 2009
12 rounds
- Nov
- Nov
- Sept
- Aug
- Jun
- May
- Apr
- Apr
- Apr
- Mar
- Mar
- Feb
- 2008
10 rounds
- Dec
- Aug
- Aug
- Jul
- May
- Apr
- Apr
- Jan
- Jan
- Jan
- 2007
9 rounds
- Oct
- Sept
- Aug
- Aug
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 registration5 named
DEDana Eileen MoralyChief Financial OfficeriForm ADV
JTJames T ArmstrongManaging MemberiForm ADV
SMSumant MandalManaging MemberiForm ADV
WEWilliam Edward QuigleyManaging MemberiForm ADV
WSWilliam Steven ElkusManaging MemberiForm 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
$359Mgross assets of its fundsOct 2026
Exemptreporting adviserventure or small private funds
- Legal name
- Clearstone Venture Management Services, L.L.C
- SEC number
- CRD 160259
Who backs their funds
1 LP on record in Clearstone Venture Partners's funds
- Committed
- $35M
- Funds
- 1
- Vintages
- 2004
The institutions that put money into its funds, which the firm then invests in companies.Source: the pension's own report, latest Jun 2025.
- California State Teachers Retirement System1 fund$35M
Fund Vintage Committed Clearstone Venture Partners III-A 2004 $35M
Exits from the portfolio
Companies it backed that were later bought or listed14 in all
SoonrBought by AutotaskUndisclosedJul 2015
Meru NetworksBought by Fortinet$44MMay 2015
LeisureLinkBought by VacationRoostUndisclosedMar 2014
Composite SoftwareBought by Cisco$180MJun 2013
Games2WinBought by Backyard Game FactorRyUndisclosedJun 2013
Ankeena NetworksBought by Juniper NetworksUndisclosedApr 2010
Meru NetworksListedUndisclosedMar 2010
Mimosa SystemsBought by Iron Mountain$112MFeb 2010
SpockBought by InteliusUndisclosedApr 2009
Aceva TechnologiesBought by SunGardUndisclosedFeb 2007
IntersperseBought by Tidal SoftwareUndisclosedJul 2006
An exit counts when it came after the firm's first round in the company. From historical deal records.