# GE Ventures: portfolio, investments and team

> GE Ventures is a corporate vc based in United States. 77 investments on record, latest Jul 2019. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/ge-ventures (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# GE Ventures

Last cheque observed Jul 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet Corporate VC

Pre-seed Seed Series A Ehealth Wellness Oil

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 77 on record

Since the last cheque **2651** days **00** hrs **00** min **00** sec

Median round **$23M** Rounds led **0 of 77** Sole investor **10 rounds** Exits **6 from the portfolio** Mostly in **United States, 89%**

Pitch GE Ventures

## GE Ventures highlights

- 01 77 rounds on record
- 02 Mostly Series B and Series C: 53% of its rounds
- 03 Sole investor in 10 rounds, median $24M
- 04 6 exits from the portfolio

## What they do

> GE Aerospace, GE Vernova, GE HealthCare are three standalone and publicly traded companies. From their own website

- **Type:** Corporate VC (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Pre-seed Seed Series A Series B Growth Pre-IPO
- **Sectors:** Ehealth Wellness Oil
- **Based in:** Menlo Park, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **77 appearances**

- **2019** 4 rounds
- **Jul** **[Balena](https://millionrounds.com/company/balena)** Series B · US · FinSMEs **$14M** With 3 others
- **Jul** **[Nuvolo](https://millionrounds.com/company/nuvolo)** Series B · US · FinSMEs **$12M** With 3 others
- **Jun** **[Acutus Medical](https://millionrounds.com/company/acutus-medical)** US · FinSMEs **$170M** With 7 others
- **Jun** **[Genome Medical](https://millionrounds.com/company/genome-medical)** Series B · US · FinSMEs **$23M** With 10 others
- **2017** 3 rounds
- **Nov** **[Equalam](https://millionrounds.com/company/equalam)** Series A · US · FinSMEs **$5.0M** With 1 other
- **Aug** **[New York Shipping Exchange](https://millionrounds.com/company/new-york-shipping-exchange)** Series A · US · FinSMEs **$4.5M** With 3 others
- **Mar** **[Freightos](https://millionrounds.com/company/freightos)** Series B · HK · FinSMEs **$25M** Sole investor
- **2016** 4 rounds
- **Oct** **[Clearpath Robotics](https://millionrounds.com/company/clearpath-robotics)** Series B · CA · FinSMEs **$30M** With 5 others
- **Sept** **[Octiv](https://millionrounds.com/company/octiv)** Series E · US · FinSMEs **$4.8M** With 6 others
- **Sept** **[Pivotal Software](https://millionrounds.com/company/pivotal-software)** **$653M** With 4 others
- **Mar** **[Maana](https://millionrounds.com/company/maana)** **$26M** With 8 others
- **2015** 20 rounds
- **Nov** **[APX Labs](https://millionrounds.com/company/apx-labs)** Series B · US **$13M** With 4 others
- **Sept** **[Omada Health](https://millionrounds.com/company/omada-health)** Series C · US **$48M** With 7 others
- **Aug** **[ServiceMax](https://millionrounds.com/company/servicemax)** Series F · US **$82M** With 12 others
- **Jul** **[Sensity Systems](https://millionrounds.com/company/sensity-systems)** Venture · US **$36M** With 4 others
- **May** **[MatterFab](https://millionrounds.com/company/matterfab)** Series A · US **$5.8M** With 4 others
- **May** **[Jiff](https://millionrounds.com/company/jiff)** Series C · US **$23M** With 4 others
- **May** **[Bit Stew Systems](https://millionrounds.com/company/bit-stew-systems)** Series B · CA **$17M** With 3 others
- **Apr** **[DataTorrent](https://millionrounds.com/company/datatorrent)** Series B · US **$15M** With 4 others
- **Apr** **[Neuronetics](https://millionrounds.com/company/neuronetics)** Series F · US **$34M** With 7 others
- **Apr** **[PingThings](https://millionrounds.com/company/pingthings)** Venture · US **$1.0M** With 1 other
- **Apr** **[Rethink Robotics](https://millionrounds.com/company/rethink-robotics)** Series D · US **$13M** With 2 others
- **Apr** **[Stem](https://millionrounds.com/company/stem)** Series C · US **$12M** With 5 others
- **Mar** **[TTTech](https://millionrounds.com/company/tttech)** Venture · AT **$55M** With 2 others
- **Feb** **[DigiSight Technologies](https://millionrounds.com/company/digisight-technologies)** Series B · US **$7.8M** With 3 others
- **Feb** **[HourlyNerd](https://millionrounds.com/company/hourlynerd)** Series B · US **$7.8M** With 4 others
- **Jan** **[Iora Health](https://millionrounds.com/company/iora-health)** Series C · US **$28M** With 5 others
- **Jan** **[PingThings](https://millionrounds.com/company/pingthings)** Seed · US **$2.0M** With 2 others
- **Jan** **[Apervita](https://millionrounds.com/company/apervita)** Series A · US **$18M** With 3 others
- **Jan** **[Caremerge](https://millionrounds.com/company/caremerge)** Series B · US **$4.0M** With 4 others
- **Jan** **[Rethink Robotics](https://millionrounds.com/company/rethink-robotics)** Series D · US **$27M** With 7 others
- **2014** 14 rounds
- **Dec** **[Evidation Health](https://millionrounds.com/company/evidation-health)** Series A · US **$6.0M** With 3 others
- **Nov** **[Valence Health](https://millionrounds.com/company/valence-health)** Venture · US **$15M** With 3 others
- **Nov** **[Airware](https://millionrounds.com/company/airware)** US **Undisclosed** Sole investor
- **Aug** **[Maana](https://millionrounds.com/company/maana)** Series A · US **$11M** With 4 others
- **Jun** **[Lucid Design Group](https://millionrounds.com/company/lucid-design-group)** Series B · US **$8.2M** With 4 others
- **Jun** **[Chrono Therapeutics](https://millionrounds.com/company/chrono-therapeutics)** Series A · US **$32M** With 4 others
- **Jun** **[Nuventix](https://millionrounds.com/company/nuventix)** Debt · US **$4.9M** With 5 others
- **May** **[Aver, Inc](https://millionrounds.com/company/aver-inc)** Series A · US **$8.5M** With 1 other
- **Apr** **[PingThings](https://millionrounds.com/company/pingthings)** Seed · US **$500K** With 1 other

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 **38** 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 listed **6 in all**

**[Nuventix](https://millionrounds.com/company/nuventix)** Bought by Aavid Thermalloy **Undisclosed** Jul 2014

**[Better Place](https://millionrounds.com/company/better-place)** Bought by Sunrise Group **$12M** Jul 2013

**[Southwest Windpower](https://millionrounds.com/company/southwest-windpower)** Bought by XZERES **Undisclosed** Jul 2013

**[NanoString Technologies](https://millionrounds.com/company/nanostring-technologies)** Listed **$54M** Jun 2013

**[A123 Systems](https://millionrounds.com/company/a123-systems)** Listed **Undisclosed** Sept 2009

**[Adify](https://millionrounds.com/company/adify)** Bought by [Cox Enterprises](https://millionrounds.com/fund/cox-enterprises) **$300M** Apr 2008

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

## The cheque

Pre-seed Seed Series A

Median round joined **$23M** the round, not its cheque Alone, median **$24M**

Led 0 of 77 rounds **0%**

- **Sole investor:** 10 rounds
- **Last cheque:** Jul 2019
- **Exits:** 6 from the portfolio

Rounds by stage said on their site

- Series B said *20*
- Series C *11*
- Series A said *9*
- Series D *8*
- Venture *5*
- Growth said *5*
- Pre-seed said *-*

Cheques by year Led Joined

2006 2019

Often in the room with

- [Frost Data Capital](https://millionrounds.com/fund/frost-data-capital) 7
- [Intel Capital](https://millionrounds.com/fund/intel-capital) 4
- [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) 4
- [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) 3
- [Chevron Technology Ventures](https://millionrounds.com/fund/chevron-technology-ventures) 3
- [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) 3

**Pitching GE Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

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

[**Frost Data Capital** Accelerator **7** rounds together](https://millionrounds.com/fund/frost-data-capital)[**Intel Capital** Corporate VC **4** rounds together](https://millionrounds.com/fund/intel-capital)[**Kleiner Perkins Caufield & Byers** VC firm **4** rounds together](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers)[**Andreessen Horowitz** VC firm **3** rounds together](https://millionrounds.com/fund/andreessen-horowitz)[**Chevron Technology Ventures** Corporate VC **3** rounds together](https://millionrounds.com/fund/chevron-technology-ventures)[**Goldman Sachs** Private equity **3** rounds together](https://millionrounds.com/fund/goldman-sachs)[**Norwest Venture Partners** VC firm **3** rounds together](https://millionrounds.com/fund/norwest)[**ABB Technology Ventures** Corporate VC **2** rounds together](https://millionrounds.com/fund/abb)[**Advent Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/advent-venture-partners)[**Angeleno Group** VC firm **2** rounds together](https://millionrounds.com/fund/angeleno-group)[**Asset Management Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/asset-management-ventures)[**Autodesk** Growth equity **2** rounds together](https://millionrounds.com/fund/autodesk)

## Recently backed

The latest companies GE Ventures put money into.

[**Balena** $14M · Jul 2019](https://millionrounds.com/company/balena)[**Nuvolo** $12M · Jul 2019](https://millionrounds.com/company/nuvolo)[**Acutus Medical** $170M · Jun 2019](https://millionrounds.com/company/acutus-medical)[**Genome Medical** $23M · Jun 2019](https://millionrounds.com/company/genome-medical)[**New York Shipping Exchange** $4.5M · Aug 2017](https://millionrounds.com/company/new-york-shipping-exchange)[**Clearpath Robotics** $30M · Oct 2016](https://millionrounds.com/company/clearpath-robotics)

## Mentioned on podcasts

Episodes that name GE Ventures in their description, not their title.

- [The Official SaaStr Podcast](https://millionrounds.com/podcasts/saastr) 31 Jul 2017 · 25 min SaaStr 136: What Role Should The CEO Play With The Marketing Strategy, What Do CEOs Most Often Get Wrong About CMOs & What Makes The Optimal CEO-CMO Relationship with Stacey Epstein, CEO @ Zinc With [Stacey Epstein](https://millionrounds.com/person/stacey-epstein) Mentions [GE Ventures](https://millionrounds.com/fund/ge-ventures)[George Zachary](https://millionrounds.com/fund/george-zachary) Apple PodcastsShow page
- [Angel Insights](https://millionrounds.com/podcasts/angel-insights) 16 Mar 2016 · 19 min The Importance Of Finding That Founder High with Nancy Fechnay @ Flight Ventures With [Nancy Fechnay](https://millionrounds.com/person/nancy-fechnay) Mentions [GE Ventures](https://millionrounds.com/fund/ge-ventures)[Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins)[Techstars](https://millionrounds.com/fund/techstars) Apple PodcastsShow page

## Quick answers about GE Ventures

### What does GE Ventures invest in?

GE Ventures invests most often at Series B and Series C (53% of the rounds on record), in sectors such as Ehealth, Wellness and Oil.

### How active is GE Ventures?

77 investments on record, 0 of them in the last 12 months. The most recent was in Jul 2019.

### What has GE Ventures invested in recently?

Its most recent investments on record: Balena (Series B, Jul 2019), Nuvolo (Series B, Jul 2019) and Acutus Medical (Undisclosed round, Jun 2019).

### How big are GE Ventures's cheques?

The median round it joins is $23M.

### Does GE Ventures lead rounds?

Rarely, if at all: none of its 77 investments on record names it as the lead.

### Where does GE Ventures invest?

Most of the companies it backs are in the United States (89%) and Canada (5%).

### Is GE Ventures investing now?

No investments in the last 12 months; the latest was in Jul 2019.

### Who does GE Ventures invest alongside?

Most often Frost Data Capital (7 rounds together), Intel Capital (4 rounds together) and Kleiner Perkins Caufield & Byers (4 rounds together).

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