# Goldman Sachs' Merchant Banking Division: portfolio, investments and team > Goldman Sachs' Merchant Banking Division is a vc firm. 6 investments on record, latest Dec 2019. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/goldman-sachs-merchant-banking-division (Millionrounds; every figure on the page links to its filing or article) [Investor](https://millionrounds.com/investors) # Goldman Sachs' Merchant Banking Division Last cheque observed Dec 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Email Quiet VC firm Series A Series B Follow Goldman Sachs' Merchant Banking Division and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fgoldman-sachs-merchant-banking-division) Cheques on record **0%** of best year **0** **cheques in 12 months**, 6 on record Since the last cheque **2511** days **00** hrs **00** min **00** sec Median round **$40M** Rounds led **3 of 6** Sole investor **3 rounds** Mostly in **United States, 80%** Pitch Goldman Sachs' Merchant Banking Division ## Goldman Sachs' Merchant Banking Division highlights - 01 6 rounds on record - 02 Mostly Series A and Series B: 100% of its rounds - 03 Sole investor in 3 rounds, median $40M ## What they do - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **6 appearances** - **2019** 4 rounds - **Dec** **[LeanTaaS](https://millionrounds.com/company/leantaas)** US · FinSMEs **$40M** Sole investor - **Nov** **[CitiXsys](https://millionrounds.com/company/citixsys)** US · Prweb **$60M** *Led* - **Nov** **[LeaseQuery](https://millionrounds.com/company/leasequery)** Series A · US · FinSMEs **$40M** Sole investor - **Oct** **[Very Good Security](https://millionrounds.com/company/very-good-security)** Series B · US · FinSMEs **$35M** *Led* - **2016** 2 rounds - **Oct** **[nanoPay](https://millionrounds.com/company/nanopay)** Series A · CA · FinSMEs **$10M** *Led* - **Jan** **[Ionic Security](https://millionrounds.com/company/ionic-security)** **$45M** With 19 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 cheque Series A Series B Median round joined **$40M** the round, not its cheque Alone, median **$40M** Led 3 of 6 rounds **50%** - **Sole investor:** 3 rounds - **Last cheque:** Dec 2019 Rounds by stage said on their site - Series A *2* - Series B *1* Cheques by year Led Joined 2016 2019 Often in the room with - [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) 2 **Pitching Goldman Sachs' Merchant Banking Division?** 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 Goldman Sachs' Merchant Banking Division. A count of rooms they were both in, not a relationship either has claimed. [**Goldman Sachs** Private equity **2** rounds together](https://millionrounds.com/fund/goldman-sachs) ## Recently backed The latest companies Goldman Sachs' Merchant Banking Division put money into. [**LeanTaaS** $40M · Dec 2019](https://millionrounds.com/company/leantaas)[**CitiXsys** $60M · Nov 2019](https://millionrounds.com/company/citixsys)[**nanoPay** $10M · Oct 2016](https://millionrounds.com/company/nanopay)[**Ionic Security** $45M · Jan 2016](https://millionrounds.com/company/ionic-security) ## Quick answers about Goldman Sachs' Merchant Banking Division ### What does Goldman Sachs' Merchant Banking Division invest in? Goldman Sachs' Merchant Banking Division invests most often at Series A and Series B (100% of the rounds on record). ### How active is Goldman Sachs' Merchant Banking Division? 6 investments on record, 0 of them in the last 12 months, and it led 3. The most recent was in Dec 2019. ### What has Goldman Sachs' Merchant Banking Division invested in recently? Its most recent investments on record: LeanTaaS (Undisclosed round, Dec 2019), CitiXsys (Undisclosed round, Nov 2019) and LeaseQuery (Series A, Nov 2019). ### How big are Goldman Sachs' Merchant Banking Division's cheques? The median round it joins is $40M. ### Does Goldman Sachs' Merchant Banking Division lead rounds? Yes: it led 3 of its 6 investments on record (50%). ### Where does Goldman Sachs' Merchant Banking Division invest? Most of the companies it backs are in the United States (80%) and Canada (20%). ### Is Goldman Sachs' Merchant Banking Division investing now? No investments in the last 12 months; the latest was in Dec 2019. ### Who does Goldman Sachs' Merchant Banking Division invest alongside? Most often Goldman Sachs (2 rounds together). ## 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=goldman-sachs-merchant-banking-division) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=goldman-sachs-merchant-banking-division)