# Legg Mason: portfolio, investments and team

> Legg Mason is a vc firm based in United States. 6 investments on record, latest Jun 2018. Portfolio, stages, co-investors and team.

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

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

# Legg Mason

Last cheque observed Jun 2018. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet VC firm

Series C Series B Logistics Software

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 6 on record

Since the last cheque **3050** days **00** hrs **00** min **00** sec

Median round **$10M** Rounds led **0 of 6** Exits **3 from the portfolio** Mostly in **United States, 67%**

Pitch Legg Mason

## Legg Mason highlights

- 01 6 rounds on record
- 02 Mostly Series C and Series B: 100% of its rounds
- 03 3 exits from the portfolio

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Logistics Software
- **Based in:** Baltimore, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **6 appearances**

- **2018** 1 round
- **Jun** **[Quantifeed](https://millionrounds.com/company/quantifeed)** Series B · HK · Businesstimes **$10M** With 1 other
- **2008** 1 round
- **May** **[Spot Runner](https://millionrounds.com/company/spot-runner)** Series C · US · techcrunch.com **$51M** With 4 others
- **2007** 4 rounds
- **Sept** **[OANDA Corporation](https://millionrounds.com/company/oanda-corporation)** Series B · CA · venturebeat.com **$100M** With 5 others
- **Sept** **[Zillow](https://millionrounds.com/company/zillow)** Series C · US **$30M** With 3 others
- **Sept** **[SERMO](https://millionrounds.com/company/sermo)** Series C · US · pehub.com **$25M** With 2 others
- **Jul** **[Ning by Glam Media](https://millionrounds.com/company/ning-by-glam-media)** Series C · US · techcrunch.com **$44M** With 1 other

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

We hold **2** 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.

## Exits from the portfolio

Companies it backed that were later bought or listed **3 in all**

**[SERMO](https://millionrounds.com/company/sermo)** Bought by SERMO (formerly WorldOne) **Undisclosed** Jul 2012

**[Ning by Glam Media](https://millionrounds.com/company/ning-by-glam-media)** Bought by Mode Media (fka Glam Media) **$150M** Sept 2011

**[Zillow](https://millionrounds.com/company/zillow)** Listed **$205M** Jul 2011

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

## The cheque

Series C Series B

Median round joined **$10M** the round, not its cheque

Led 0 of 6 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Jun 2018
- **Exits:** 3 from the portfolio

Rounds by stage said on their site

- Series C *4*
- Series B *2*

Cheques by year Led Joined

2007 2018

**Pitching Legg Mason?** 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 *→*

## Recently backed

The latest companies Legg Mason put money into.

[**Quantifeed** $10M · Jun 2018](https://millionrounds.com/company/quantifeed)

## Mentioned on podcasts

Episodes that name Legg Mason in their description, not their title.

- [Capital Allocators](https://millionrounds.com/podcasts/capital-allocators) 19 Feb 2024 · 1h 11m [REPLAY] Michael Mauboussin – Active Challenges, Rational Decisions and Team Dynamics (Capital Allocators, EP.36) Mentions [Columbia Business School](https://millionrounds.com/fund/columbia-business-school)[Credit Suisse](https://millionrounds.com/fund/credit-suisse)[Legg Mason](https://millionrounds.com/fund/legg-mason) Apple PodcastsShow page
- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 4 Nov 2022 · 49 min 20VC: Michael Mauboussin on Good vs Bad Investment Decision-Making Processes, How To Improve Your Process, How To Know When it Needs Improving and The Single Biggest Mistakes People Make In Their Decision-Making Process Mentions [Columbia Business School](https://millionrounds.com/fund/columbia-business-school)[Credit Suisse](https://millionrounds.com/fund/credit-suisse)[Legg Mason](https://millionrounds.com/fund/legg-mason) *+1* Apple PodcastsShow page
- [Capital Allocators](https://millionrounds.com/podcasts/capital-allocators) 23 Mar 2020 · 1h 11m [REPLAY] Michael Mauboussin – Active Challenges, Rational Decisions and Team Dynamics (Capital Allocators, EP.36) Mentions [Columbia Business School](https://millionrounds.com/fund/columbia-business-school)[Credit Suisse](https://millionrounds.com/fund/credit-suisse)[Legg Mason](https://millionrounds.com/fund/legg-mason) Apple PodcastsShow page
- [Capital Allocators](https://millionrounds.com/podcasts/capital-allocators) 13 May 2019 · 1h 11m REPLAY - Michael Mauboussin – Active Challenges, Rational Decisions and Team Dynamics (Capital Allocators, EP.36) Mentions [Columbia Business School](https://millionrounds.com/fund/columbia-business-school)[Credit Suisse](https://millionrounds.com/fund/credit-suisse)[Legg Mason](https://millionrounds.com/fund/legg-mason) Apple PodcastsShow page
- [Capital Allocators](https://millionrounds.com/podcasts/capital-allocators) 8 Jan 2018 · 1h 11m Michael Mauboussin – Active Challenges, Rational Decisions and Team Dynamics (Capital Allocators, EP.36) Mentions [Columbia Business School](https://millionrounds.com/fund/columbia-business-school)[Credit Suisse](https://millionrounds.com/fund/credit-suisse)[Legg Mason](https://millionrounds.com/fund/legg-mason) Apple PodcastsShow page

## Quick answers about Legg Mason

### What does Legg Mason invest in?

Legg Mason invests most often at Series C and Series B (100% of the rounds on record), in sectors such as Logistics and Software.

### How active is Legg Mason?

6 investments on record, 0 of them in the last 12 months. The most recent was in Jun 2018.

### What has Legg Mason invested in recently?

Its most recent investments on record: Quantifeed (Series B, Jun 2018).

### How big are Legg Mason's cheques?

The median round it joins is $10M.

### Does Legg Mason lead rounds?

Rarely, if at all: none of its 6 investments on record names it as the lead.

### Where does Legg Mason invest?

Most of the companies it backs are in the United States (67%), Hong Kong SAR China (17%) and Canada (17%).

### Is Legg Mason investing now?

No investments in the last 12 months; the latest was in Jun 2018.

### What kind of investor is Legg Mason?

Legg Mason is a VC firm based in Baltimore, 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=legg-mason) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=legg-mason)
