United States · Investor

Independence Equity

Last cheque observed Mar 2015. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

QuietNew fund $11M, Jan 2011VC firm

SeedSeries ASeries BGreen TechBiodiversityEnvironment

Cheques on record
0%of best year0cheques in 12 months, 7 on record
Since the last cheque4233days00hrs00min00sec
Median round$3.5MRounds led0 of 7Mostly inUnited States, 100%
Pitch Independence Equity

Independence Equity highlights

  1. 01

    7 rounds on record

  2. 02

    Mostly Series B and Series A: 71% of its rounds

What they do

Independence Equity is an early-stage venture capital firm that invests in companies commercializing technologies that improve resource utilization.From their own website
Type
VC firm (from a list, unverified)
Cheque size
Not stated
Stages
SeedSeries ASeries B
Sectors
Green TechBiodiversityEnvironment
Based in
Northbrook, United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first7 appearances

  1. 2015

    1 round

  2. Mar
    Algal ScientificSeries B · US$7.0MWith 2 others
  3. 2014

    4 rounds

  4. Oct
    NuCurrentSeries A · US$3.5MWith 3 others
  5. Oct
    EatStreetSeries B · US$4.0MWith 6 others
  6. Apr
    Algal ScientificVenture · US$3.0MWith 2 others
  7. Apr
    EatStreetSeries B · US$6.0MWith 4 others
  8. 2013

    2 rounds

  9. Jul
    Intellihot Green TechnologiesSeed · US · galesburg.com$250KWith 2 others
  10. Feb
    EatStreetSeries A · US · techcrunch.com$2.0MWith 2 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

Named by the firm itself, on a filing, its Form ADV or its company registration4 named

DSDonald SackmanMember of the General PartneriFiling they signed
LHLaurence HaywardMember of the General PartneriFiling they signed
MGMichael GruberMember of the General PartneriFiling they signed
MMMichael McCulloughMember of the General PartneriFiling they signed

We also hold 3 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 they claim to have backed

From their own portfolio page (on their website)

3 of 8 we have independently watched raise

AlgalscientificEatstreetNucurrent10xtechnologyAutonomicmaterialsIntellihotTagneticsThindiamond

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

Who they invest alongside

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

Quick answers about Independence Equity

What does Independence Equity invest in?

Independence Equity invests most often at Series B and Series A (71% of the rounds on record), in sectors such as Green Tech, Biodiversity and Environment.

How active is Independence Equity?

7 investments on record, 0 of them in the last 12 months. The most recent was in Mar 2015.

How big are Independence Equity's cheques?

The median round it joins is $3.5M.

Does Independence Equity lead rounds?

Rarely, if at all: none of its 7 investments on record names it as the lead.

Where does Independence Equity invest?

Most of the companies it backs are in the United States (100%).

Is Independence Equity investing now?

No investments in the last 12 months; the latest was in Mar 2015.

Who does Independence Equity invest alongside?

Most often Cornerstone Angels (3 rounds together), Great Oaks Venture Capital (3 rounds together) and CSA Partners LLC (2 rounds together).

What kind of investor is Independence Equity?

Independence Equity is a VC firm based in Northbrook, 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