United States · Investor

ESO Fund

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

QuietCompany

SecondarySeries DSeries CData StorageMobileVenture Capital & Private Equity

Cheques on record
0%of best year0cheques in 12 months, 15 on record
Since the last cheque4438days00hrs00min00sec
Median round$40MRounds led0 of 15Sole investor7 roundsExits8 from the portfolioMostly inUnited States, 93%
Pitch ESO Fund

ESO Fund highlights

  1. 01

    15 rounds on record

  2. 02

    Mostly Secondary and Series D: 60% of its rounds

  3. 03

    Sole investor in 7 rounds, median $206M

  4. 04

    8 exits from the portfolio

What they do

The Employee Stock Option Fund provides current and former employees of venture-backed companies with the cash needed to exercise their options and cover associated taxes.From their own website
Type
Company
Cheque size
Not stated
Sectors
Data StorageMobileVenture Capital & Private Equity
Based in
San Mateo, United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first15 appearances

  1. 2014

    2 rounds

  2. Sept
    HayneedleSecondary · USUndisclosedSole investor
  3. Jan
    DropboxSeries C · US$350MWith 5 others
  4. 2013

    4 rounds

  5. Oct
    Everyday HealthSecondary · USUndisclosedSole investor
  6. Oct
    Quotient TechnologySecondary · USUndisclosedSole investor
  7. Oct
    VendavoSecondary · USUndisclosedSole investor
  8. Mar
    iWattSecondary · USUndisclosedSole investor
  9. 2012

    8 rounds

  10. Sept
    CriteoSeries D · FR · allthingsd.com$40MWith 1 other
  11. Sept
    ZendeskSeries D · US · techcrunch.com$60MWith 8 others
  12. Sept
    Nimble StorageSeries E · US · sec.gov$41MWith 6 others
  13. May
    Castlight HealthSeries D · US · techcrunch.com$100MWith 7 others
  14. Apr
    Citrus LaneSeries A · US · techcrunch.com$5.1MWith 3 others
  15. Apr
    BranchOutSeries C · US · techcrunch.com$25MWith 4 others
  16. Apr
    Big FishVenture · US · sec.gov$12MSole investor
  17. Apr
    CheggVenture · US$2.4MWith 3 others
  18. 2011

    1 round

  19. Sept
    TwitterSecondary · US · techcrunch.com$400MSole 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 registration4 named

JDJames Donald LackieMember and Managing DirectoriForm ADV
JMJames Michael SousoulasChief Financial OfficeriForm ADV
SSScott Shouya ChouMember and Managing DirectoriForm ADV
SMStephen Magee RobertsMember and Managing DirectoriForm ADV

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.

What the register says

From the firm's own filings with the SEC, which it must file accurately by law

$411Massets it managesOct 2026
Registeredinvestment adviserfull reporting to the SEC
Legal name
ESO Management Services LLC
SEC number
CRD 165564

Funds on its Form ADV

5 private funds, $412M in gross assets · filed Mar 2024

  1. ESO Venture Fund V, L.P.Venture204 investors$215M
  2. ESO Venture Fund IV, L.P.Venture92 investors$96M
  3. ESO Venture Fund III, L.P.Venture97 investors$75M
  4. ESO Venture Fund II, L.P.Venture99 investors$23M
  5. ESO Venture Fund, L.P.Venture61 investors$2.8M

Exits from the portfolio

Companies it backed that were later bought or listed8 in all

BranchOutBought by 1-PageUndisclosedNov 2014
VendavoBought by Francisco PartnersUndisclosedOct 2014
Citrus LaneBought by Care.com$49MJul 2014
CheggListed$188MNov 2013
TwitterListed$1.8BNov 2013
CriteoListed$250MOct 2013
iWattBought by Dialog Semiconductor$345MJul 2013

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 ESO Fund. A count of rooms they were both in, not a relationship either has claimed.

Quick answers about ESO Fund

What does ESO Fund invest in?

ESO Fund invests most often at Secondary and Series D (60% of the rounds on record), in sectors such as Data Storage, Mobile and Venture Capital & Private Equity.

How active is ESO Fund?

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

How big are ESO Fund's cheques?

The median round it joins is $40M.

Does ESO Fund lead rounds?

Rarely, if at all: none of its 15 investments on record names it as the lead.

Where does ESO Fund invest?

Most of the companies it backs are in the United States (93%) and France (7%).

Is ESO Fund investing now?

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

Who does ESO Fund invest alongside?

Most often GGV Capital (3 rounds together), Accel (2 rounds together) and Redpoint (2 rounds together).

What kind of investor is ESO Fund?

ESO Fund is a company based in San Mateo, United States.

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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