# Project 11: portfolio, investments and team > Project 11 is a vc firm based in United States. 10 investments on record, latest May 2019. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/project-11 (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Project 11 No cheque observed since May 2019, after 10 earlier cheques, and the website is dead. Dormant VC firm Seed Series A Venture Software Venture Capital & Private Equity Cheques on record **0%** of best year **0** **cheques in 12 months**, 10 on record Since the last cheque **2715** days **00** hrs **00** min **00** sec Median round **$4.8M** Rounds led **0 of 10** Sole investor **2 rounds** Exits **2 from the portfolio** Mostly in **United States, 100%** Pitch Project 11 ## Project 11 highlights - 01 10 rounds on record - 02 Mostly Seed and Series A: 80% of its rounds - 03 Sole investor in 2 rounds, median $500K - 04 2 exits from the portfolio ## What they do - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Sectors:** Software Venture Capital & Private Equity - **Based in:** Cambridge, United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **10 appearances** - **2019** 1 round - **May** **[Mightier](https://millionrounds.com/company/mightier)** Series A · US · FinSMEs **$6.6M** With 5 others - **2018** 2 rounds - **Dec** **[Forge.AI](https://millionrounds.com/company/forge-ai)** Series A · US · FinSMEs **$11M** With 3 others - **Jun** **[Mightier](https://millionrounds.com/company/mightier)** Seed · US · FinSMEs **$2.4M** With 2 others - **2017** 1 round - **Jan** **[TellusLabs](https://millionrounds.com/company/telluslabs)** Seed · US · FinSMEs **$3.1M** With 2 others - **2015** 1 round - **Jan** **[LibertyX](https://millionrounds.com/company/libertyx)** Seed · US **$400K** Sole investor - **2014** 2 rounds - **Sept** **[DipJar](https://millionrounds.com/company/dipjar)** Seed **$420K** With 6 others - **Sept** **[Phoodeez](https://millionrounds.com/company/phoodeez)** Venture · US **$600K** Sole investor - **2013** 1 round - **Feb** **[Synack](https://millionrounds.com/company/synack)** Seed · US · techstars.com **Undisclosed** With 3 others - **2012** 1 round - **Nov** **[Spindle](https://millionrounds.com/company/spindle)** Venture · US · finsmes.com **$2.3M** With 5 others - **2010** 1 round - **Aug** **[Locately](https://millionrounds.com/company/locately)** Seed · US · bostinnovation.com **$300K** With 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 listed **2 in all** **[Spindle](https://millionrounds.com/company/spindle)** Bought by [Twitter](https://millionrounds.com/fund/twitter) **Undisclosed** Jun 2013 **[Locately](https://millionrounds.com/company/locately)** Bought by [Service Management Group](https://millionrounds.com/fund/service-management-group) **Undisclosed** Aug 2012 An exit counts when it came after the firm's first round in the company. From historical deal records. ## The cheque Seed Series A Venture Median round joined **$4.8M** the round, not its cheque Alone, median **$500K** Led 0 of 10 rounds **0%** - **Sole investor:** 2 rounds - **Last cheque:** May 2019 - **Exits:** 2 from the portfolio Rounds by stage said on their site - Seed *6* - Series A *2* - Venture *2* Cheques by year Led Joined 2010 2019 Often in the room with - [Founder Collective](https://millionrounds.com/fund/founder-collective) 3 **Pitching Project 11?** 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 Project 11. A count of rooms they were both in, not a relationship either has claimed. [**Founder Collective** VC firm **3** rounds together](https://millionrounds.com/fund/founder-collective) ## Recently backed The latest companies Project 11 put money into. [**Mightier** $6.6M · May 2019](https://millionrounds.com/company/mightier)[**Forge.AI** $11M · Dec 2018](https://millionrounds.com/company/forge-ai) ## 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). ## 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=project-11) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=project-11)