United States · Investor

Garmin

Last cheque observed Mar 2006. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

QuietCorporate VC

Series BSeries CIndustrialInformation ServicesConsumer Electronics

Cheques on record
0%of best year0cheques in 12 months, 2 on record
Since the last cheque7515days00hrs00min00sec
Median round$7.5MRounds led0 of 2Exits1 from the portfolio
Pitch Garmin

Garmin highlights

  1. 01

    2 rounds on record

  2. 02

    Mostly Series B and Series C: 100% of its rounds

  3. 03

    1 exits from the portfolio

What they do

Type
Corporate VC (from a list, unverified)
Cheque size
Not stated
Sectors
IndustrialInformation ServicesConsumer Electronics
Based in
Olathe, United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first2 appearances

  1. 2006

    1 round

  2. Mar
    Networks in MotionSeries C · US · gpsworld.com$10MWith 5 others
  3. 2004

    1 round

  4. Oct
    Networks in MotionSeries B · US$5.0MWith 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

We hold 2 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.

Exits from the portfolio

Companies it backed that were later bought or listed1 in all

Networks in MotionBought by TeleCommunication Systems$170MDec 2009

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

Companies it bought

Acquisitions by the firm itself

Navigon$72MJun 2011
MetriGearUndisclosedSept 2010

Who they invest alongside

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

Quick answers about Garmin

What does Garmin invest in?

Garmin invests most often at Series B and Series C (100% of the rounds on record), in sectors such as Industrial, Information Services and Consumer Electronics.

How active is Garmin?

2 investments on record, 0 of them in the last 12 months. The most recent was in Mar 2006.

How big are Garmin's cheques?

The median round it joins is $7.5M.

Is Garmin investing now?

No investments in the last 12 months; the latest was in Mar 2006.

Who does Garmin invest alongside?

Most often Mission Ventures (2 rounds together), Redpoint (2 rounds together) and Verizon Ventures (2 rounds together).

What kind of investor is Garmin?

Garmin is a corporate VC based in Olathe, United States.

When was Garmin founded?

Garmin was founded in 1989.

Where does this information on Garmin come from?

From 1 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

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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