VC  Canvas Venture Fund

http://www.canvasvcfund.com





     Office Locations:

3200 Alpine Road
Portola Valley, CA 94028
Phone: 650-388-7600
Fax: 650-388-7601

 

Stages:

  • Early


 

Industries:

  • Communications & Networking
  • Financial Services
  • Life Sciences & Healthcare
  • Software & Internet

  •  

    Description:

    Canvas is an early-stage venture capital firm based in Silicon Valley. The Canvas Venture Fund was the $175 million inaugural fund managed by the Morgenthaler Technology Investment Company. The fund is focused exclusively on making early-stage (Series A and Series B) investments in software & services companies. Canvas invests $5-20M per company over the life of the company. Initial check size ranges from a few hundred thousand to $10M. The Canvas Venture Fund was formed by the managing directors who led or serve on the boards of Evernote, Siri, NexTag, Practice Fusion, Nuance Communications, Illustra Technologies and more. Canvas Ventures 2 was closed in June 2016. The firm listed $250M as its target fundraising amount on their PPM (private placement memorandum). The fund was oversubscribed, closing at its hard cap of $300M.


     

    Funds:


      Fund Name


      Amount


      Date

    Get funds under management for this firm including Fund name, Dollar size of fund raise, and Vintage with a National Database subscription or Silicon Valley Database subscription.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription or Silicon Valley Database subscription.
    Ching Wu Partner
    Gary Little Partner
    Gary Morgenthaler Senior Advisor
    Paul Hsiao Partner
    Rebecca Lynn Partner

     

    Portfolio companies include:


      Adara


      Big Switch Networks
        web link


      BlueArc
        web link


      Check
        web link


      Convo
        web link


      Doximity
        web link


      Eden
        web link


      Evernote
        web link


      FutureAdvisor
        web link


      HealthLoop
        web link


      Hustle
        web link


      Jasper Soft
        web link


      LendingClub
        web link


      MuleSoft
        web link


      Netli
        web link


      NexTag
        web link


      Nominum
        web link


      Nuance Communications
        web link


      NuoDB
        web link


      Overture Networks
        web link


      Platform9
        web link


      Practice Fushion
        web link


      Roofstock
        web link


      Siri
        web link


      Socrata
        web link


      Sonatype
        web link


      ToTango
        web link


      Transfix
        web link


      Viewics
        web link


      Zola
        web link


     

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