Industry Ventures has been a pioneer in the development of the venture capital secondary market over the last decade.
Our secondary investments offer an exit option to entrepreneurs, general partners and limited partners who require liquidity prior to the 7-10 years often required for private companies to be acquired or to achieve an IPO.
We focus on investing into later-stage companies with substantial revenue and at or near profitability thereby mitigating the high mortality rate of early-stage venture. By investing in high quality later stage companies or portfolios, our secondary funds are able to provide downside protection and achieve earlier liquidity thereby shortening the J-curve while producing attractive risk adjusted returns.
Our secondary strategy is differentiated by a unique focus on venture capital investments in both secondary direct investments and limited partnership interests with an emphasis on transactions from $1 to $20 million where competition is more limited and relationships drive investment opportunity sourcing.