VC  Tugboat Group

http://www.tugboatventures.com





     Office Locations:

306 Cambridge Avenue
Palo Alto, CA 94306
Phone: 650-470-1400

 

Stages:

  • Early
  • Seed


 

Industries:

  • Information Technology
  • Software & Internet

  •  

    Description:

    Formed in 2006, Tugboat Ventures launched its inaugural fund with more than $43 million in commitments from 13 investors. The firm was founded by David Whorton, a former general partner at Texas Pacific Group Ventures and an associate at Kleiner Perkins Caufield & Byers. Tugboat focuses on seed and early-stage ventures and emphasizes a mentoring relationship with venture companies. The vast majority of the firm's investments are incubation through Series A.


     

    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.
    Dan Benetz CFO
    Dave Whorton Founder
    Michelle Bitler

     

    Portfolio companies include:


      Aria Systems
        web link


      CoverHound
        web link


      Cuff
        web link


      Ifeelgoods
        web link


      Koozoo
        web link


      RichRelevance
        web link


      Risk I/O
        web link


     

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