The Difference

Who We Are

Born amidst the dot-com crash, we understand the challenges of illiquidity. For over two decades, we have pioneered new segments of the venture capital market. Today, Industry Ventures manages over $3.6 billion and serves founders, venture funds, and institutions across the ecosystem—from early-stage to exit.

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Our Approach

We are a full-stack venture capital investment firm. Our funds invest into companies and venture capital partnerships directly and via secondary transactions. Our team addresses inefficiencies in venture capital with flexible solutions for entrepreneurs, venture funds, and limited partners.

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Assets Under
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Portfolio Companies

We are proud to invest in the leading venture-backed companies driving the global economy forward. Whether our firm joins as a primary investor or through a secondary transaction, we support the entrepreneurs running these businesses without distracting management from their primary objectives.

Venture Funds

Being both a limited partner in venture funds and a co-investor, we offer unique support to GPs over the life-cycle of the fund. We offer primary commitments at inception, early secondary purchases, tail-end restructurings and wind down, and secondary direct purchases to provide liquidity for top companies to ensure executive teams can go the distance to final exit. As a collaborative investor, we do not have preset ownership or investment amounts; and we are often invited by well-functioning boards to lead rounds as we do not require a seat.


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The Impact of COVID-19 on VC Funds

To better understand the impact of COVID-19 and its related government mandates on the venture capital industry, we surveyed our universe of venture funds. Nearly all respondents were VC fund CFOs or General Partners. The goal of this survey was to gauge the venture capital-related economic impact of COVID-19 and its associated government regulations, and how the consequent actions of industry stakeholders are affecting the VC space. The data that we collected suggests that these various elements are driving the following trends in our industry:

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How Big is the Secondary Market for Venture Capital?

By Hans Swildens, Victor Hwang, and Nick Laszlo “How big is the market?”, a question we are commonly asked due to our investments in the secondary venture market. This can be difficult to answer for a variety of reasons, the main one is confidentiality. Most sales/investments are not publicly announced. Our estimates are not only…

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White Paper: Small Tech Buyout – The Fourth Exit Option

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Monetizing Venture Round Access Through SPVs

At a basic level, venture capital success comes down to the quality of sourcing, selection, access, value-add, and the exit. The latter two aspects are perennial differentiators that will likely remain important drivers of success. However, in a funding universe that has dramatically expanded – to more and deeper pocketed VCs, as well as to…

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