Investor

Meritage Funds

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

QuietVC firm

VentureSeries ASeries B

Cheques on record
0%of best year0cheques in 12 months, 32 on record
Since the last cheque3147days00hrs00min00sec
Median round$11MRounds led0 of 32Sole investor3 roundsExits4 from the portfolioMostly inUnited States, 97%
Pitch Meritage Funds

Meritage Funds highlights

  1. 01

    32 rounds on record

  2. 02

    Mostly Venture and Series A: 52% of its rounds

  3. 03

    Sole investor in 3 rounds, median $4.0M

  4. 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 first32 appearances

  1. 2018

    1 round

  2. Mar
    FactionSeries B · US · FinSMEs$18MWith 3 others
  3. 2017

    1 round

  4. Jan
    FactionUS · FinSMEs$11MWith 3 others
  5. 2016

    1 round

  6. Oct
    CaliberMindSeed · US · FinSMEs$1.1MWith 2 others
  7. 2015

    1 round

  8. Oct
    SmartSky NetworksUSUndisclosedWith 2 others
  9. 2014

    3 rounds

  10. Nov
    Peak®Venture · US$9.0MWith 2 others
  11. Apr
    Generation TuxSeries A · US$25MWith 11 others
  12. Jan
    Peak®Venture · US$4.0MWith 1 other
  13. 2013

    3 rounds

  14. Aug
    SMB SuiteGrowth · US · pehub.com$3.0MSole investor
  15. May
    Peak®Growth · US · builtindenver.com$1.5MWith 1 other
  16. Jan
    Peak®USUndisclosedWith 1 other
  17. 2012

    4 rounds

  18. Sept
    Peak®Venture · US · prnewswire.com$7.5MWith 1 other
  19. Sept
    DatavailSeries C · US · finsmes.com$4.3MWith 2 others
  20. Jun
    EdgeConneXSeries B · US$7.5MWith 1 other
  21. Jan
    Digital FortressUSUndisclosedSole investor
  22. 2011

    2 rounds

  23. Sept
    Commerce SyncVenture · US · freshnews.com$21MWith 3 others
  24. Apr
    Crisp MediaSeries C · US · techcrunch.com$6.0MWith 2 others
  25. 2008

    4 rounds

  26. Oct
    Crisp MediaSeries B · US · equityhelpdesk.com$5.0MSole investor
  27. Sept
    MT DIGITAL MEDIAVenture · GB · thealarmclock.com$32MWith 1 other
  28. Apr
    Fixmo Carrier ServicesSeries A · US$2.0MWith 1 other
  29. Apr
    Commerce SyncSeries C · US · pr-inside.com$17MWith 4 others
  30. 2007

    2 rounds

  31. Feb
    VeekerSeries A · US · inbabble.wordpress.com$2.5MWith 1 other
  32. Jan
    Mobile Content NetworksSeries B · US · mcn-inc.com$10MWith 4 others
  33. 2006

    1 round

  34. Oct
    Mobile Content NetworksSeries A · US · deals.venturebeat.com$6.0MWith 3 others
  35. 2005

    2 rounds

  36. Nov
    Shock Treatment ManagementSeries A · US$4.0MWith 1 other
  37. Mar
    Masergy CommunicationsSeries C · US$30MWith 2 others
  38. 2003

    3 rounds

  39. Sept
    Atreus SystemsSeries C$13MWith 6 others
  40. Jun
    Xaffire IncVenture · US$13MWith 2 others
  41. Mar
    Masergy CommunicationsSeries B · US$31MWith 1 other
  42. 2002

    1 round

  43. Aug
    NuVoxGrowth · US$79MWith 9 others
  44. 2001

    2 rounds

  45. Sept
    NuVoxVenture · US$87MWith 5 others
  46. Mar
    MatrixSeries A · US$12MWith 1 other
  47. 2000

    1 round

  48. Aug
    EcrixVenture · US$20MWith 4 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

We hold 4 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 listed4 in all

Masergy CommunicationsBought by ABRY PartnersUndisclosedJun 2011
NuVoxBought by Windstream$643MNov 2009
Atreus SystemsBought by Sonus NetworksUndisclosedFeb 2009
EcrixBought by Exabyte CorporationUndisclosedAug 2001

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

Who they invest alongside

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

Sweetwater Holdings CompanyPrivate equity5rounds togetherCentennial FundsHedge fund2rounds togetherCentennial VenturesGrowth equity2rounds togetherGoldman SachsPrivate equity2rounds togetherIntel CapitalCorporate VC2rounds togetherJP MorganInvestment bank2rounds togetherMobius Venture CapitalGrowth equity2rounds togetherRichland Capital HoldingsInvestment firm2rounds togetherTTV CapitalVC firm2rounds togetherVenrockVC firm2rounds togetherWhitney & Co.Investment firm2rounds together

Recently backed

The latest companies Meritage Funds put money into.

Faction$18M · Mar 2018CaliberMind$1.1M · Oct 2016

Quick answers about Meritage Funds

What does Meritage Funds invest in?

Meritage Funds invests most often at Venture and Series A (52% of the rounds on record).

How active is Meritage Funds?

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

What has Meritage Funds invested in recently?

Its most recent investments on record: Faction (Series B, Mar 2018) and CaliberMind (Seed, Oct 2016).

How big are Meritage Funds's cheques?

The median round it joins is $11M.

Does Meritage Funds lead rounds?

Rarely, if at all: none of its 32 investments on record names it as the lead.

Where does Meritage Funds invest?

Most of the companies it backs are in the United States (97%).

Is Meritage Funds investing now?

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

Who does Meritage Funds invest alongside?

Most often Sweetwater Holdings Company (5 rounds together), Centennial Funds (2 rounds together) and Centennial Ventures (2 rounds together).

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 · Report a correction · Is this your firm? Claim it