# JLA Ventures: portfolio, investments and team

> JLA Ventures is a vc firm. 15 investments on record, latest Oct 2008. Portfolio, stages, co-investors and team.

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

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

# JLA Ventures

Last cheque observed Oct 2008. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet VC firm

Series A Venture Series B

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 15 on record

Since the last cheque **6579** days **00** hrs **00** min **00** sec

Median round **$4.2M** Rounds led **0 of 15** Sole investor **7 rounds** Exits **4 from the portfolio** Mostly in **Canada, 60%**

Pitch JLA Ventures

## JLA Ventures highlights

- 01 15 rounds on record
- 02 Mostly Series A and Venture: 73% of its rounds
- 03 Sole investor in 7 rounds, median $2.1M
- 04 4 exits from the portfolio

## 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 **15 appearances**

- **2008** 4 rounds
- **Oct** **[Strands Labs](https://millionrounds.com/company/strands-labs)** Venture · US **$123K** Sole investor
- **Oct** **[Nobex Technologies](https://millionrounds.com/company/nobex-technologies)** Venture · US **$123K** Sole investor
- **Jul** **[Achievers](https://millionrounds.com/company/achievers)** Series A · US · reuters.com **$4.7M** With 1 other
- **Apr** **[First Coverage](https://millionrounds.com/company/first-coverage)** Series B · CA · siliconindia.com **$9.0M** With 2 others
- **2007** 5 rounds
- **Nov** **[Achievers](https://millionrounds.com/company/achievers)** Series A · US **$3.3M** With 1 other
- **Aug** **[Paymentus](https://millionrounds.com/company/paymentus)** Venture · US · newsblaze.com **$3.6M** With 1 other
- **Jul** **[Ziplocal](https://millionrounds.com/company/ziplocal)** Series B · CA · ziplocal.com **$5.8M** Sole investor
- **May** **[Tungle.me](https://millionrounds.com/company/tungle-me)** Series A · CA · thealarmclock.com **$1.4M** With 3 others
- **Jan** **[PlanetEye](https://millionrounds.com/company/planeteye)** Series A · CA · main.planeteye.com **Undisclosed** With 2 others
- **2006** 3 rounds
- **Nov** **[First Coverage](https://millionrounds.com/company/first-coverage)** Series A · CA · firstcoverage.com **$5.0M** With 1 other
- **Oct** **[Ziplocal](https://millionrounds.com/company/ziplocal)** Series A · CA · ziplocal.com **$8.2M** Sole investor
- **Jun** **[MusicIP](https://millionrounds.com/company/musicip)** Venture · US · jlaventures.com **$2.0M** Sole investor
- **2005** 1 round
- **Nov** **[Cube Route](https://millionrounds.com/company/cube-route)** Series B · CA **$5.9M** With 1 other
- **2002** 1 round
- **Dec** **[Edeal Services](https://millionrounds.com/company/edeal-services)** Series A · CA **$2.1M** Sole investor
- **1999** 1 round
- **Nov** **[PixStream](https://millionrounds.com/company/pixstream)** Series C · CA **$8.5M** Sole investor

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.

## Exits from the portfolio

Companies it backed that were later bought or listed **4 in all**

**[Achievers](https://millionrounds.com/company/achievers)** Bought by [BlackHawk Network](https://millionrounds.com/fund/blackhawk-network) **Undisclosed** Jun 2015

**[Tungle.me](https://millionrounds.com/company/tungle-me)** Bought by [BlackBerry](https://millionrounds.com/fund/cylance) **Undisclosed** Apr 2011

**[Ziplocal](https://millionrounds.com/company/ziplocal)** Bought by Canpages **$2.5M** Jun 2009

**[PixStream](https://millionrounds.com/company/pixstream)** Bought by [Cisco](https://millionrounds.com/fund/cisco) **$554M** Aug 2000

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

## The cheque

Series A Venture Series B

Median round joined **$4.2M** the round, not its cheque Alone, median **$2.1M**

Led 0 of 15 rounds **0%**

- **Sole investor:** 7 rounds
- **Last cheque:** Oct 2008
- **Exits:** 4 from the portfolio

Rounds by stage said on their site

- Series A *7*
- Venture *4*
- Series B *3*
- Series C *1*

Cheques by year Led Joined

1999 2008

Often in the room with

- [GrandBanks Capital](https://millionrounds.com/fund/grandbanks-capital) 2
- [GrowthWorks](https://millionrounds.com/fund/growthworks) 2
- [Relay Ventures](https://millionrounds.com/fund/relay-ventures-4) 2

**Pitching JLA Ventures?** 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 JLA Ventures. A count of rooms they were both in, not a relationship either has claimed.

[**GrandBanks Capital** VC firm **2** rounds together](https://millionrounds.com/fund/grandbanks-capital)[**GrowthWorks** VC firm **2** rounds together](https://millionrounds.com/fund/growthworks)[**Relay Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/relay-ventures-4)

## Quick answers about JLA Ventures

### What does JLA Ventures invest in?

JLA Ventures invests most often at Series A and Venture (73% of the rounds on record).

### How active is JLA Ventures?

15 investments on record, 0 of them in the last 12 months. The most recent was in Oct 2008.

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

The median round it joins is $4.2M.

### Does JLA Ventures lead rounds?

Rarely, if at all: none of its 15 investments on record names it as the lead.

### Where does JLA Ventures invest?

Most of the companies it backs are in Canada (60%) and the United States (40%).

### Is JLA Ventures investing now?

No investments in the last 12 months; the latest was in Oct 2008.

### Who does JLA Ventures invest alongside?

Most often GrandBanks Capital (2 rounds together), GrowthWorks (2 rounds together) and Relay Ventures (2 rounds together).

### What kind of investor is JLA Ventures?

JLA Ventures is a VC firm.

## 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=jla-ventures) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=jla-ventures)
