# Differential: portfolio, investments and team > Differential is a venture studio based in United States. 3 investments on record, latest Apr 2019. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/differential (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Differential Filed with the SEC to raise a fund in Dec 2024, closing $37M. Last cheque observed Apr 2019. Quiet New fund $37M, Dec 2024 Venture studio Seed Cheques on record **0%** of best year **0** **cheques in 12 months**, 3 on record Since the last cheque **2756** days **00** hrs **00** min **00** sec Median round **$2.5M** Rounds led **0 of 3** Sole investor **1 rounds** Pitch Differential ## Differential highlights - 01 3 rounds on record - 02 Mostly Seed: 100% of its rounds - 03 Sole investor in 1 rounds, median $120K ## What they do - **Type:** Venture studio (from a list, unverified) - **Cheque size:** Not stated - **Based in:** Cincinnati, United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **3 appearances** - **2019** 1 round - **Apr** **[Synapse](https://millionrounds.com/company/synapse)** Seed · CA · FinSMEs **$2.5M** With 6 others - **2015** 1 round - **Jun** **[Astronomer](https://millionrounds.com/company/astronomer)** Seed · US **Undisclosed** With 8 others - **2014** 1 round - **Dec** **[USERcycle](https://millionrounds.com/company/usercycle)** Seed · US **$120K** Sole investor 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 **4 named** AJ **Alex J. Katz** Managing Member of Differential Venture Capital Fund I GP, LLC, the General Partner i Filing they signed DJ **David J. Magerman** Managing Member of Differential Venture Capital Fund I GP, LLC, the General Partner i Filing they signed MJ **Mitchell J. Kleinhandler** Managing Member of Differential Venture Capital Fund I GP, LLC, the General Partner i Filing they signed NJ **Nicholas J. Adams** Managing Member of Differential Venture Capital Fund I GP, LLC, the General Partner i Filing they signed We also hold **4** 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. New fund on file **$37M** raised in Dec 2024 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Seed Median round joined **$2.5M** the round, not its cheque Alone, median **$120K** Led 0 of 3 rounds **0%** - **Sole investor:** 1 rounds - **Last cheque:** Apr 2019 Rounds by stage said on their site - Seed *3* Cheques by year Led Joined 2014 2019 **Pitching Differential?** 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 *→* ## Quick answers about Differential ### What does Differential invest in? Differential invests most often at Seed (100% of the rounds on record). ### How active is Differential? 3 investments on record, 0 of them in the last 12 months. The most recent was in Apr 2019. ### What has Differential invested in recently? Its most recent investments on record: Synapse (Seed, Apr 2019). ### How big are Differential's cheques? The median round it joins is $2.5M. ### Is Differential investing now? No investments in the last 12 months; the latest was in Apr 2019. ### What kind of investor is Differential? Differential is a venture studio based in Cincinnati, United States. ### Has Differential raised a new fund? Its latest fund filing with the SEC was in Dec 2024, reporting $37M raised. ### When was Differential founded? Differential was founded in 2013. ## 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=differential) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=differential)