United States · Investor

Project 11

No cheque observed since May 2019, after 10 earlier cheques, and the website is dead.

DormantVC firm

SeedSeries AVentureSoftwareVenture Capital & Private Equity

Cheques on record
0%of best year0cheques in 12 months, 10 on record
Since the last cheque2715days00hrs00min00sec
Median round$4.8MRounds led0 of 10Sole investor2 roundsExits2 from the portfolioMostly inUnited States, 100%
Pitch Project 11

Project 11 highlights

  1. 01

    10 rounds on record

  2. 02

    Mostly Seed and Series A: 80% of its rounds

  3. 03

    Sole investor in 2 rounds, median $500K

  4. 04

    2 exits from the portfolio

What they do

Type
VC firm (from a list, unverified)
Cheque size
Not stated
Sectors
SoftwareVenture Capital & Private Equity
Based in
Cambridge, United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first10 appearances

  1. 2019

    1 round

  2. May
    MightierSeries A · US · FinSMEs$6.6MWith 5 others
  3. 2018

    2 rounds

  4. Dec
    Forge.AISeries A · US · FinSMEs$11MWith 3 others
  5. Jun
    MightierSeed · US · FinSMEs$2.4MWith 2 others
  6. 2017

    1 round

  7. Jan
    TellusLabsSeed · US · FinSMEs$3.1MWith 2 others
  8. 2015

    1 round

  9. Jan
    LibertyXSeed · US$400KSole investor
  10. 2014

    2 rounds

  11. Sept
    DipJarSeed$420KWith 6 others
  12. Sept
    PhoodeezVenture · US$600KSole investor
  13. 2013

    1 round

  14. Feb
    SynackSeed · US · techstars.comUndisclosedWith 3 others
  15. 2012

    1 round

  16. Nov
    SpindleVenture · US · finsmes.com$2.3MWith 5 others
  17. 2010

    1 round

  18. Aug
    LocatelySeed · US · bostinnovation.com$300KWith 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.

Exits from the portfolio

Companies it backed that were later bought or listed2 in all

SpindleBought by TwitterUndisclosedJun 2013
LocatelyBought by Service Management GroupUndisclosedAug 2012

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 Project 11. A count of rooms they were both in, not a relationship either has claimed.

Founder CollectiveVC firm3rounds together

Recently backed

The latest companies Project 11 put money into.

Mightier$6.6M · May 2019Forge.AI$11M · Dec 2018

Quick answers about Project 11

What does Project 11 invest in?

Project 11 invests most often at Seed and Series A (80% of the rounds on record), in sectors such as Software and Venture Capital & Private Equity.

How active is Project 11?

10 investments on record, 0 of them in the last 12 months. The most recent was in May 2019.

What has Project 11 invested in recently?

Its most recent investments on record: Mightier (Series A, May 2019), Forge.AI (Series A, Dec 2018) and TellusLabs (Seed, Jan 2017).

How big are Project 11's cheques?

The median round it joins is $4.8M.

Does Project 11 lead rounds?

Rarely, if at all: none of its 10 investments on record names it as the lead.

Where does Project 11 invest?

Most of the companies it backs are in the United States (100%).

Is Project 11 investing now?

It looks quiet: no investment on record since May 2019.

Who does Project 11 invest alongside?

Most often Founder Collective (3 rounds together).

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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