Puerto Rico · Investor

Coral

Last cheque observed Sep 2009. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

QuietNew fund $100K, Jul 2018Family office

SeedSeries ACryptocurrencyFintechVenture Capital & Private Equity

Cheques on record
0%of best year0cheques in 12 months, 8 on record
Since the last cheque6235days00hrs00min00sec
Median round$12MCheque size, as they say$100K – $5.0MRounds led0 of 8Exits3 from the portfolioMostly inUnited States, 88%
Pitch Coral

Coral highlights

  1. 01

    8 rounds on record

  2. 02

    Mostly Series B and Series D: 50% of its rounds

  3. 03

    3 exits from the portfolio

What they do

Type
Family office (from a list, unverified)
Cheque size
$100K – $5.0M as they say
Stages
SeedSeries A
Sectors
CryptocurrencyFintechVenture Capital & Private Equity
Based in
San Juan, Puerto Rico
Cold pitches
Not stated

The record

Every round we can evidence, newest first8 appearances

  1. 2009

    2 rounds

  2. Sept
    Delivery AgentSeries D · US · deals.venturebeat.com$25MWith 4 others
  3. Sept
    FiretideSeries E · US · deals.venturebeat.com$8.6MWith 1 other
  4. 2008

    3 rounds

  5. Aug
    Entone TechnologiesSeries B · US · paidcontent.org$15MWith 2 others
  6. Apr
    Red Bend SoftwareSeries E · US · masshightech.com$10MWith 4 others
  7. Apr
    FonSeries C · ES$9.5MWith 5 others
  8. 2007

    1 round

  9. Oct
    FiretideSeries D · US · firetide.com$14MWith 1 other
  10. 2006

    1 round

  11. Aug
    PlayPhoneSeries B · US · sanjose.bizjournals.com$9.1MWith 2 others
  12. 2005

    1 round

  13. Aug
    PicolightVenture · US · findarticles.com$28MWith 3 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 registration1 named

ESErik Sterling NelsonPresident of General PartneriFiling they signed

We also hold 1 person 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.

Exits from the portfolio

Companies it backed that were later bought or listed3 in all

Red Bend SoftwareBought by Harman International Industries$200MJan 2015
FiretideBought by UNICOM GlobalUndisclosedMay 2014
PicolightBought by JDSU$115MMay 2007

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

Who they invest alongside

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

Menlo VenturesVC firm4rounds togetherCardinal Venture CapitalVC firm2rounds togetherScale Venture PartnersVC firm2rounds together

Quick answers about Coral

What does Coral invest in?

Coral invests most often at Series B and Series D (50% of the rounds on record), in sectors such as Cryptocurrency, Fintech and Venture Capital & Private Equity.

How active is Coral?

8 investments on record, 0 of them in the last 12 months. The most recent was in Sept 2009.

How big are Coral's cheques?

The median round it joins is $12M. It says it writes cheques of $100K to $5.0M.

Does Coral lead rounds?

Rarely, if at all: none of its 8 investments on record names it as the lead.

Where does Coral invest?

Most of the companies it backs are in the United States (88%) and Spain (13%).

Is Coral investing now?

No investments in the last 12 months; the latest was in Sept 2009.

Who does Coral invest alongside?

Most often Menlo Ventures (4 rounds together), Cardinal Venture Capital (2 rounds together) and Scale Venture Partners (2 rounds together).

What kind of investor is Coral?

Coral is a family office based in San Juan, Puerto Rico.

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it