United States · 
What does Industry Ventures invest in?
Industry Ventures invests most often at Series B and Series A (50% of the rounds on record), in sectors such as Venture Capital and Software.
Industry Ventures highlights
- 01
11 cheques in the last 12 months
- 02
Mostly Series B and Series A: 50% of its rounds
- 03
Sole investor in 11 rounds, median $10M
- 04
3 exits from the portfolio
What they do
Industry Ventures has pioneered flexible capital solutions across the venture life cycle: from seed and early-stage investing to late-stage secondaries and VC-backed companies transitioning to buyout.From their own website
- Type
- VC firm
- Cheque size
- $100K – $20M as they say
- Stages
- Pre-seedSeedSeries ASeries BGrowthPre-IPO
- Sectors
- Venture CapitalSoftware
- Based in
- San Francisco, United States
- Cold pitches
- Not stated
The record
Every round we can evidence, newest first139 appearances
- 2026
6 rounds
- Sept
- Jun
- Apr
- Feb
- Feb
- Jan
- 2025
25 rounds
- Dec
- Dec
- Nov
- Nov
- Nov
- Oct
- Sept
- Sept
- Sept
- Sept
- Aug
- Aug
- Jul
- Jul
- Jul
- Jul
- Jun
- Apr
- Mar
- Mar
- Mar
- Mar
- Feb
- Feb
- Feb
- 2024
17 rounds
- Nov
- Oct
- Oct
- Oct
- Sept
- Aug
- Aug
- Aug
- Jul
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 registration23 named
ACAaron Christopher HinzChief Financial OfficeriForm ADV
ADAmir David Aghaee MalayeryManaging DirectoriForm ADV
AGAndrew GallowayManager of the Issuer's ManageriFiling they signed
AJAndrew JohnsonManager of the Issuer's ManageriFiling they signed
ADAshish DodiaManager of the Issuer's Managing MemberiFiling they signed
GRGeoffrey Robert LemieuxManaging DirectoriForm ADV
GCGrant CellierMember of Issuer's Board of ManagersiFiling they signed
IJIii Joseph HansonChief Compliance Officer & Chief Administrative OfficeriForm ADV
IHIra Hsu SimkhovitchManaging DirectoriForm ADV
JFJody FlawsManager of the Issuer's ManageriFiling they signed
JDJohan Douwe SwildensManaging Member of the sole general partneriFiling they signed
JLJohn LewisManager of the Issuer's ManageriFiling they signed
JRJonathan R. RooseveltMember of the General PartneriFiling they signed
JGJustin Gardner BurdenManaging DirectoriForm ADV
KCKenneth C. WallaceMANAGING MEMBER OF THE GENERAL PARTNERiFiling they signed
KCKenneth C. Wallace IIIManaging Member of the sole general partneriFiling they signed
LELindsay Elizabeth SharmaManaging DirectoriForm ADV
RRR. Roland ReynoldsManaging Member of the sole general partneriFiling they signed
RRRichard Roland ReynoldsManaging DirectoriForm ADV
RRRichard RufferManager of the Issuer's Managing MemberiFiling they signed
RMRobert MeschiMember of Issuer's Board of ManagersiFiling they signed
RRRoland R. ReynoldsMember of the General PartneriFiling they signed
SHScott HuffManageriFiling they signed
We also hold 37 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 the register says
From the firm's own filings with the SEC, which it must file accurately by law
$9.1Bassets it managesOct 2026
11+funds on filenumbered funds in its name
Registeredinvestment adviserfull reporting to the SEC
- Legal name
- Xiginvent, L.L.C.
- SEC number
- CRD 156213
Funds on its Form ADV
30 private funds, $7.5B in gross assets · filed Mar 2024
Venture 20Secondary investment fund 10
- Industry Ventures Secondary X, L.P.Secondary investment fund806 investors$1.5B
- Industry Ventures Secondary IX, L.P.Secondary investment fund324 investors$1.1B
- Industry Ventures Partnership Holdings V, L.P.Venture190 investors$675M
- Industry Ventures Partnership Holdings VI, L.P.Venture362 investors$623M
- Industry Ventures Secondary VIII, L.P.Secondary investment fund90 investors$530M
- Industry Ventures Partnership Holdings IV, L.P.Venture75 investors$414M
- Industry Ventures Direct, L.P.Venture19 investors$390M
- Industry Ventures Direct III, L.P.Venture195 investors$293M
- Industry Ventures Partnership Holdings III, L.P.Venture61 investors$273M
- Industry Ventures Tech Buyout II, L.P.Venture227 investors$241M
And 20 more on the filing.
What they claim to have backed
From their own portfolio page (on their website)
0 of 4 we have independently watched raise
CfainstituteDiversity VC StandardILPAPRI
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.
Exits from the portfolio
Companies it backed that were later bought or listed3 in all
CollabNetBought by Woven SystemsUndisclosedFeb 2014
nCircle Network SecurityBought by TripwireUndisclosedMar 2013
LifeLockListedUndisclosedOct 2012
An exit counts when it came after the firm's first round in the company. From historical deal records.