United States · Investor

Undercurrent

Last cheque observed May 2015. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

QuietVC firm

SeedSeries APublic TransportationTravelAdvertising

Cheques on record
0%of best year0cheques in 12 months, 7 on record
Since the last cheque4177days00hrs00min00sec
Median round$2.3MRounds led0 of 7Exits1 from the portfolioMostly inUnited States, 86%
Pitch Undercurrent

Undercurrent highlights

  1. 01

    7 rounds on record

  2. 02

    Mostly Seed and Series A: 100% of its rounds

  3. 03

    1 exits from the portfolio

What they do

Type
VC firm (from a list, unverified)
Cheque size
Not stated
Sectors
Public TransportationTravelAdvertising
Based in
Global, United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first7 appearances

  1. 2015

    2 rounds

  2. May
    MetabiotaSeries A · US$32MWith 11 others
  3. Mar
    SplashThatSeries A · US$6.0MWith 15 others
  4. 2014

    1 round

  5. Mar
    MetabiotaSeed · US$2.8MWith 9 others
  6. 2013

    4 rounds

  7. Aug
    StartupsSeed · IN · gigaom.com$2.3MWith 3 others
  8. Aug
    Dragon InnovationSeed · US$2.3MWith 4 others
  9. Jun
    DashbellSeed · US$363KWith 15 others
  10. Apr
    Grand St.Seed · US · techcrunch.com$1.3MWith 8 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 listed1 in all

Grand St.Bought by EtsyUndisclosedApr 2014

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

BoxGroupVC firm3rounds togetherDCVCVC firm2rounds togetherFlybridgeVC firm2rounds togetherFoundry GroupVC firm2rounds togetherHVFVC firm2rounds togetherJames JoaquinAngel2rounds togetherLerer HippeauVC firm2rounds togetherRSTPVC firm2rounds togetherTao Capital PartnersFamily office2rounds together

Quick answers about Undercurrent

What does Undercurrent invest in?

Undercurrent invests most often at Seed and Series A (100% of the rounds on record), in sectors such as Public Transportation, Travel and Advertising.

How active is Undercurrent?

7 investments on record, 0 of them in the last 12 months. The most recent was in May 2015.

How big are Undercurrent's cheques?

The median round it joins is $2.3M.

Does Undercurrent lead rounds?

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

Where does Undercurrent invest?

Most of the companies it backs are in the United States (86%) and India (14%).

Is Undercurrent investing now?

No investments in the last 12 months; the latest was in May 2015.

Who does Undercurrent invest alongside?

Most often BoxGroup (3 rounds together), DCVC (2 rounds together) and Flybridge (2 rounds together).

What kind of investor is Undercurrent?

Undercurrent is a VC firm based in Global, United States.

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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