# Independence Equity: portfolio, investments and team > Independence Equity is a vc firm based in United States. 7 investments on record, latest Mar 2015. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/independence-equity (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Independence Equity Last cheque observed Mar 2015. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Email Quiet New fund $11M, Jan 2011 VC firm Seed Series A Series B Green Tech Biodiversity Environment Follow Independence Equity and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Findependence-equity) Cheques on record **0%** of best year **0** **cheques in 12 months**, 7 on record Since the last cheque **4233** days **00** hrs **00** min **00** sec Median round **$3.5M** Rounds led **0 of 7** Mostly in **United States, 100%** Pitch Independence Equity ## Independence Equity highlights - 01 7 rounds on record - 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:** Seed Series A Series B - **Sectors:** Green Tech Biodiversity Environment - **Based in:** Northbrook, United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **7 appearances** - **2015** 1 round - **Mar** **[Algal Scientific](https://millionrounds.com/company/algal-scientific)** Series B · US **$7.0M** With 2 others - **2014** 4 rounds - **Oct** **[NuCurrent](https://millionrounds.com/company/nucurrent)** Series A · US **$3.5M** With 3 others - **Oct** **[EatStreet](https://millionrounds.com/company/eatstreet)** Series B · US **$4.0M** With 6 others - **Apr** **[Algal Scientific](https://millionrounds.com/company/algal-scientific)** Venture · US **$3.0M** With 2 others - **Apr** **[EatStreet](https://millionrounds.com/company/eatstreet)** Series B · US **$6.0M** With 4 others - **2013** 2 rounds - **Jul** **[Intellihot Green Technologies](https://millionrounds.com/company/intellihot-green-technologies)** Seed · US · galesburg.com **$250K** With 2 others - **Feb** **[EatStreet](https://millionrounds.com/company/eatstreet)** Series A · US · techcrunch.com **$2.0M** With 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 registration **4 named** DS **Donald Sackman** Member of the General Partner i Filing they signed LH **Laurence Hayward** Member of the General Partner i Filing they signed MG **Michael Gruber** Member of the General Partner i Filing they signed MM **Michael McCullough** Member of the General Partner i Filing 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 [Algalscientific](https://millionrounds.com/company/algal-scientific)[Eatstreet](https://millionrounds.com/company/eatstreet)[Nucurrent](https://millionrounds.com/company/nucurrent) 10xtechnology Autonomicmaterials Intellihot Tagnetics Thindiamond 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. New fund on file **$11M** raised in Jan 2011 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Seed Series A Series B Median round joined **$3.5M** the round, not its cheque Led 0 of 7 rounds **0%** - **Sole investor:** Never alone - **Last cheque:** Mar 2015 Rounds by stage said on their site - Series B said *3* - Series A said *2* - Seed said *1* - Venture *1* Cheques by year Led Joined 2013 2015 Often in the room with - [Cornerstone Angels](https://millionrounds.com/fund/cornerstone-angels) 3 - [Great Oaks Venture Capital](https://millionrounds.com/fund/great-oaks-venture-capital) 3 - [CSA Partners LLC](https://millionrounds.com/fund/csa-partners-llc) 2 - [Evonik Venture Capital](https://millionrounds.com/fund/evonik-venture-capital) 2 - [Formation 8](https://millionrounds.com/fund/formation-8) 2 - [Hyde Park Angels](https://millionrounds.com/fund/hyde-park-angels) 2 **Pitching Independence Equity?** 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 Independence Equity. A count of rooms they were both in, not a relationship either has claimed. [**Cornerstone Angels** Angel network **3** rounds together](https://millionrounds.com/fund/cornerstone-angels)[**Great Oaks Venture Capital** VC firm **3** rounds together](https://millionrounds.com/fund/great-oaks-venture-capital)[**CSA Partners LLC** VC firm **2** rounds together](https://millionrounds.com/fund/csa-partners-llc)[**Evonik Venture Capital** Corporate VC **2** rounds together](https://millionrounds.com/fund/evonik-venture-capital)[**Formation 8** VC firm **2** rounds together](https://millionrounds.com/fund/formation-8)[**Hyde Park Angels** Angel network **2** rounds together](https://millionrounds.com/fund/hyde-park-angels)[**SVB Capital** VC firm **2** rounds together](https://millionrounds.com/fund/svb-capital) ## 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. ## 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=independence-equity) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=independence-equity)