# Target: portfolio, investments and team

> Target is an accelerator. 7 investments on record, latest Mar 2019. Portfolio, stages, co-investors and team.

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

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

# Target

Last cheque observed Mar 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

Accelerator Quiet Last fund $19M, Aug 2019 Website unconfirmed

Series B Series A Series C Retail Cpg Food

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Cheques on record

**0%** of best year **0** **cheques in 12 months**, 7 on record

Since the last cheque **2789** days **00** hrs **00** min **00** sec

Median round **$13M** Rounds led **0 of 7** Mostly in **United States, 29%**

Pitch Target

## Target highlights

- 01 7 rounds on record
- 02 Mostly Series B and Series A: 67% of its rounds

## What they do

- **Type:** Accelerator
- **Cheque size:** Not stated
- **Sectors:** Retail Cpg Food
- **Cold pitches:** Accepted

A website was listed for this organisation, but we could not confirm it belongs to the firm that wrote these cheques. Either the site never mentions them, or it turned out to be a different company sharing the name. We show neither it nor anything read from it. [Tell us the right one](https://millionrounds.com/corrections?slug=target-forward-founders).

## The record

Every round we can evidence, newest first **7 appearances**

- **2019** 2 rounds
- **Mar** **[Casper](https://millionrounds.com/company/casper)** Series D · US · TechCrunch **$100M** With 3 others
- **Mar** **[ArangoDB](https://millionrounds.com/company/arangodb)** Series A · US · FinSMEs **$10M** With 1 other
- **2018** 2 rounds
- **Dec** **[NavVis](https://millionrounds.com/company/navvis)** Series C · DE · FinSMEs **$36M** With 3 others
- **Nov** **[Sharegain](https://millionrounds.com/company/sharegain)** GB · FinSMEs **$5.0M** With 3 others
- **2017** 3 rounds
- **Nov** **[Book A Tiger](https://millionrounds.com/company/book-a-tiger)** Series B · DE · FinSMEs **$9.4M** With 3 others
- **Sept** **[Acast](https://millionrounds.com/company/acast)** Series B · SE · FinSMEs **$20M** With 7 others
- **Jan** **[Swarm64](https://millionrounds.com/company/swarm64)** Series B · NO · FinSMEs **$13M** With 3 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

Named by the firm itself, on a filing, its Form ADV or its company registration **9 named**

CJ **Chris James Lorenzen** Promoter i Filing they signed

JW **James W. Donaghy** executive officer of Manager i Filing they signed

JC **Jon Christensen** Manager of Christensen Capital, LLC, the General Partner i Filing they signed

JP **Jon Paul Smith** Vice President of Business Development i Filing they signed

MR **Mark Rough Humphreys** Promoter i Filing they signed

MJ **Michael James Lorenzen** Promoter i Filing they signed

MD **Mordechay Dolgin** MANAGER OF TARGET ROCK CAPITAL GP LLC, THE GENERAL PARTNER i Filing they signed

SW **Steven W. Leischner** executive officer of Manager i Filing they signed

WN **Willy Ng** executive officer of Manager i Filing they signed

We also hold **28** 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.

## Companies it bought

Acquisitions by the firm itself

**DermStore** **Undisclosed** Aug 2013

Latest fund on file

**$19M**

raised in Aug 2019

From its SEC filing. Nothing newer is on file yet.

## The cheque

Series B Series A Series C

Median round joined **$13M** the round, not its cheque

Led 0 of 7 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Mar 2019

Rounds by stage said on their site

- Series B *3*
- Series A *1*
- Series C *1*
- Series D *1*

Cheques by year Led Joined

2017 2019

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## Recently backed

The latest companies Target put money into.

[**Casper** $100M · Mar 2019](https://millionrounds.com/company/casper)[**ArangoDB** $10M · Mar 2019](https://millionrounds.com/company/arangodb)[**NavVis** $36M · Dec 2018](https://millionrounds.com/company/navvis)[**Sharegain** $5.0M · Nov 2018](https://millionrounds.com/company/sharegain)[**Book A Tiger** $9.4M · Nov 2017](https://millionrounds.com/company/book-a-tiger)[**Acast** $20M · Sept 2017](https://millionrounds.com/company/acast)

## Quick answers about Target

### What does Target invest in?

Target invests most often at Series B and Series A (67% of the rounds on record), in sectors such as Retail, Cpg and Food.

### How active is Target?

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

### What has Target invested in recently?

Its most recent investments on record: Casper (Series D, Mar 2019), ArangoDB (Series A, Mar 2019) and NavVis (Series C, Dec 2018).

### How big are Target's cheques?

The median round it joins is $13M.

### Does Target lead rounds?

Rarely, if at all: none of its 7 investments on record names it as the lead.

### Where does Target invest?

Most of the companies it backs are in the United States (29%), Germany (29%) and the United Kingdom (14%).

### Is Target investing now?

No investments in the last 12 months; the latest was in Mar 2019.

### What kind of investor is Target?

Target is an accelerator.

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