# WindSail Capital Group: portfolio, investments and team > WindSail Capital Group is a vc firm based in United States. 12 investments on record, latest Nov 2019. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/windsail-capital-group (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # WindSail Capital Group Last cheque observed Nov 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Quiet VC firm Seed Series A Waste Us Sdg ESG Cheques on record **0%** of best year **0** **cheques in 12 months**, 12 on record Since the last cheque **2545** days **00** hrs **00** min **00** sec Median round **$4.5M** Cheque size, as they say **$2.0M – $5.0M** Rounds led **0 of 12** Sole investor **12 rounds** Exits **2 from the portfolio** Mostly in **United States, 100%** Pitch WindSail Capital Group ## WindSail Capital Group highlights - 01 12 rounds on record - 02 Mostly Debt and Growth: 100% of its rounds - 03 Sole investor in 12 rounds, median $3.5M - 04 2 exits from the portfolio ## What they do > The text is mostly CSS and does not describe the organization; the name suggests capital but no explicit investment description is present. From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** $2.0M – $5.0M as they say - **Stages:** Seed Series A - **Sectors:** Waste Us Sdg ESG - **Based in:** Boston, United States - **Cold pitches:** Not accepted ## The record Every round we can evidence, newest first **12 appearances** - **2019** 1 round - **Nov** **[Varentec](https://millionrounds.com/company/varentec)** US · FinSMEs **$5.0M** Sole investor - **2018** 1 round - **Oct** **[DC Systems](https://millionrounds.com/company/dc-systems)** Growth · US · FinSMEs **$4.0M** Sole investor - **2015** 1 round - **Apr** **[WeSpire](https://millionrounds.com/company/wespire)** Debt · US **$3.0M** Sole investor - **2014** 4 rounds - **Dec** **[Bright Power](https://millionrounds.com/company/bright-power)** Debt · US **$5.0M** Sole investor - **Dec** **[Genera Energy](https://millionrounds.com/company/genera-energy)** Debt · US **$4.0M** Sole investor - **Aug** **[Skystream Markets](https://millionrounds.com/company/skystream-markets)** Debt · US **$2.5M** Sole investor - **Mar** **[FastCAP](https://millionrounds.com/company/fastcap)** Debt · US **$5.0M** Sole investor - **2013** 3 rounds - **Dec** **[XL Hybrids](https://millionrounds.com/company/xl-hybrids)** Debt · US · bizjournals.com **$3.0M** Sole investor - **Jul** **[NG Advantage](https://millionrounds.com/company/ng-advantage)** Debt · US **$6.0M** Sole investor - **Mar** **[Protonex Technology Corporation](https://millionrounds.com/company/protonex-technology-corporation)** Debt · US **$2.0M** Sole investor - **2012** 1 round - **Sept** **[Next Step Living](https://millionrounds.com/company/next-step-living)** Debt · US **$2.5M** Sole investor - **2011** 1 round - **Mar** **[Next Step Living](https://millionrounds.com/company/next-step-living)** Debt · US **$2.8M** Sole investor 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 **3 named** IA **Ian Allen Bowles** Managing Director of Windsail Capital Group, LLC; Chief Compliance Officer i Form ADV JH **Jessica Hart** Principal i Form ADV MG **Michael Gerard Rand** Managing Director of Windsail Capital Group, LLC i Form ADV We also hold **9** 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. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **$92M** gross assets of its funds Oct 2026 **Exempt** reporting adviser venture or small private funds - **Legal name:** Windsail Capital Group, LLC - **SEC number:** CRD 165352 Funds on its Form ADV **1** private fund, **$196M** in gross assets · filed Jun 2024 - WindSail Capital Fund, L.P. *Hedge* 175 investors $196M ## Exits from the portfolio Companies it backed that were later bought or listed **2 in all** **[Protonex Technology Corporation](https://millionrounds.com/company/protonex-technology-corporation)** Bought by Ballard Power Systems **$30M** Jun 2015 **[NG Advantage](https://millionrounds.com/company/ng-advantage)** Bought by [Clean Energy Fuels](https://millionrounds.com/fund/clean-energy-fuels) **Undisclosed** Oct 2014 An exit counts when it came after the firm's first round in the company. From historical deal records. ## The cheque Seed Series A Median round joined **$4.5M** the round, not its cheque Alone, median **$3.5M** Led 0 of 12 rounds **0%** - **Said size:** $2.0M – $5.0M - **Sole investor:** 12 rounds - **Last cheque:** Nov 2019 - **Exits:** 2 from the portfolio Rounds by stage said on their site - Debt *10* - Growth *1* - Seed said *-* - Series A said *-* Cheques by year Led Joined 2011 2019 **Pitching WindSail Capital Group?** 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 *→* ## Quick answers about WindSail Capital Group ### What does WindSail Capital Group invest in? WindSail Capital Group invests most often at Debt and Growth (100% of the rounds on record), in sectors such as Waste, Us Sdg and ESG. ### How active is WindSail Capital Group? 12 investments on record, 0 of them in the last 12 months. The most recent was in Nov 2019. ### What has WindSail Capital Group invested in recently? Its most recent investments on record: Varentec (Undisclosed round, Nov 2019) and DC Systems (Growth, Oct 2018). ### How big are WindSail Capital Group's cheques? The median round it joins is $4.5M. It says it writes cheques of $2.0M to $5.0M. ### Does WindSail Capital Group lead rounds? Rarely, if at all: none of its 12 investments on record names it as the lead. ### Where does WindSail Capital Group invest? Most of the companies it backs are in the United States (100%). ### Is WindSail Capital Group investing now? No investments in the last 12 months; the latest was in Nov 2019. ### What kind of investor is WindSail Capital Group? WindSail Capital Group is a VC firm based in Boston, United States. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. 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