# Coral: portfolio, investments and team > Coral is a family office based in Puerto Rico. 8 investments on record, latest Sept 2009. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/coral (Millionrounds; every figure on the page links to its filing or article) Puerto Rico · [Investor](https://millionrounds.com/investors) # Coral Last cheque observed Sep 2009. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Quiet New fund $100K, Jul 2018 Family office Seed Series A Cryptocurrency Fintech Venture Capital & Private Equity Cheques on record **0%** of best year **0** **cheques in 12 months**, 8 on record Since the last cheque **6235** days **00** hrs **00** min **00** sec Median round **$12M** Cheque size, as they say **$100K – $5.0M** Rounds led **0 of 8** Exits **3 from the portfolio** Mostly in **United States, 88%** Pitch Coral ## Coral highlights - 01 8 rounds on record - 02 Mostly Series B and Series D: 50% of its rounds - 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:** Seed Series A - **Sectors:** Cryptocurrency Fintech Venture Capital & Private Equity - **Based in:** San Juan, Puerto Rico - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **8 appearances** - **2009** 2 rounds - **Sept** **[Delivery Agent](https://millionrounds.com/company/delivery-agent)** Series D · US · deals.venturebeat.com **$25M** With 4 others - **Sept** **[Firetide](https://millionrounds.com/company/firetide)** Series E · US · deals.venturebeat.com **$8.6M** With 1 other - **2008** 3 rounds - **Aug** **[Entone Technologies](https://millionrounds.com/company/entone-technologies)** Series B · US · paidcontent.org **$15M** With 2 others - **Apr** **[Red Bend Software](https://millionrounds.com/company/red-bend-software)** Series E · US · masshightech.com **$10M** With 4 others - **Apr** **[Fon](https://millionrounds.com/company/fon)** Series C · ES **$9.5M** With 5 others - **2007** 1 round - **Oct** **[Firetide](https://millionrounds.com/company/firetide)** Series D · US · firetide.com **$14M** With 1 other - **2006** 1 round - **Aug** **[PlayPhone](https://millionrounds.com/company/playphone)** Series B · US · sanjose.bizjournals.com **$9.1M** With 2 others - **2005** 1 round - **Aug** **[Picolight](https://millionrounds.com/company/picolight)** Venture · US · findarticles.com **$28M** With 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 registration **1 named** ES **Erik Sterling Nelson** President of General Partner i Filing 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 listed **3 in all** **[Red Bend Software](https://millionrounds.com/company/red-bend-software)** Bought by Harman International Industries **$200M** Jan 2015 **[Firetide](https://millionrounds.com/company/firetide)** Bought by UNICOM Global **Undisclosed** May 2014 **[Picolight](https://millionrounds.com/company/picolight)** Bought by JDSU **$115M** May 2007 An exit counts when it came after the firm's first round in the company. From historical deal records. New fund on file **$100K** raised in Jul 2018 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Seed Series A Median round joined **$12M** the round, not its cheque Led 0 of 8 rounds **0%** - **Said size:** $100K – $5.0M - **Sole investor:** Never alone - **Last cheque:** Sept 2009 - **Exits:** 3 from the portfolio Rounds by stage said on their site - Series B *2* - Series D *2* - Series E *2* - Series C *1* - Venture *1* - Seed said *-* - Series A said *-* Cheques by year Led Joined 2005 2009 Often in the room with - [Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) 4 - [Cardinal Venture Capital](https://millionrounds.com/fund/cardinal-venture-capital) 2 - [Scale Venture Partners](https://millionrounds.com/fund/scale-venture-partners) 2 **Pitching Coral?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## 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 Ventures** VC firm **4** rounds together](https://millionrounds.com/fund/menlo-ventures)[**Cardinal Venture Capital** VC firm **2** rounds together](https://millionrounds.com/fund/cardinal-venture-capital)[**Scale Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/scale-venture-partners) ## 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. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=coral) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=coral)