Investor

Sprint Nextel

Last cheque observed Aug 2014. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

QuietInvestment firm

GrowthSeedDebt

Cheques on record
0%of best year0cheques in 12 months, 8 on record
Since the last cheque4450days00hrs00min00sec
Median round$10MRounds led0 of 8Sole investor2 roundsExits2 from the portfolioMostly inUnited States, 88%
Pitch Sprint Nextel

Sprint Nextel highlights

  1. 01

    8 rounds on record

  2. 02

    Mostly Growth and Seed: 57% of its rounds

  3. 03

    Sole investor in 2 rounds, median $45M

  4. 04

    2 exits from the portfolio

What they do

Type
Investment firm (from a list, unverified)
Cheque size
Not stated
Cold pitches
Not stated

The record

Every round we can evidence, newest first8 appearances

  1. 2014

    2 rounds

  2. Aug
    EyeVerifySeries A · US$6.0MWith 5 others
  3. Mar
    sickweatherSeed · US$120KWith 1 other
  4. 2013

    2 rounds

  5. Nov
    MedicastSeed · US$540KWith 12 others
  6. Feb
    ClearwireGrowth · US · venturebeat.com$80MSole investor
  7. 2009

    2 rounds

  8. Nov
    ClearwireDebt · US · deals.venturebeat.com$920MWith 4 others
  9. Nov
    ClearwireUS · blogs.zdnet.com$1.5BWith 5 others
  10. 2006

    2 rounds

  11. Jan
    IPWirelessVenture · GB · ipwireless.com$10MSole investor
  12. Jan
    I-WirelessGrowth · USUndisclosedWith 2 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

ClearwireBought by Sprint Nextel$2.2BDec 2012
IPWirelessBought by General Dynamics$150MMay 2012

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

Companies it bought

Acquisitions by the firm itself

HandmarkUndisclosedMay 2013
Clearwire$2.2BDec 2012
iPCS$831MOct 2009
Virgin Mobile USA$483MJul 2009
Nextel Communications$35BAug 2005

Who they invest alongside

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

Quick answers about Sprint Nextel

What does Sprint Nextel invest in?

Sprint Nextel invests most often at Growth and Seed (57% of the rounds on record).

How active is Sprint Nextel?

8 investments on record, 0 of them in the last 12 months. The most recent was in Aug 2014.

How big are Sprint Nextel's cheques?

The median round it joins is $10M.

Does Sprint Nextel lead rounds?

Rarely, if at all: none of its 8 investments on record names it as the lead.

Where does Sprint Nextel invest?

Most of the companies it backs are in the United States (88%) and the United Kingdom (13%).

Is Sprint Nextel investing now?

No investments in the last 12 months; the latest was in Aug 2014.

Who does Sprint Nextel invest alongside?

Most often Comcast (2 rounds together), Eagle River (2 rounds together) and Intel (2 rounds together).

What kind of investor is Sprint Nextel?

Sprint Nextel is an investment firm.

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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