Search company, investor...

Predict your next investment

Venture Capital
FINANCE | Investment Firms & Funds
addition.com

Investments

124

Portfolio Exits

4

Funds

5

About Addition

Addition is a venture capital firm. The firm invests in early and growth-stage tech companies. Addition was founded in 2020 and is based in New York, New York.

Headquarters Location

New York, New York,

United States

Are you an investor?
Submit your portfolio details now to be considered in our investor rankings.

Research containing Addition

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Addition in 1 CB Insights research brief, most recently on Jul 21, 2023.

Latest Addition News

T. ROWE PRICE ANNOUNCES ADDITION OF VICE PRESIDENT TO INSTITUTIONAL BUSINESS IN CANADA

Dec 18, 2023

T. ROWE PRICE ANNOUNCES ADDITION OF VICE PRESIDENT TO INSTITUTIONAL BUSINESS IN CANADA December 18, 2023 at 10:01 am EST Share Jean-Sebastien Garant responsible for sales, service, and consultant relations BALTIMORE, Dec. 18, 2023 /PRNewswire/ -- T. Rowe Price (Canada), Inc., announced that it has hired Jean-Sebastien Garant, CFA®, ASA, as vice president for its institutional business in Canada. Garant brings more than 25 years of experience in the financial services industry to his new role. He is responsible for sales, client service, and consultant relations in Eastern Canada. He is based in Montreal and reports to Lauren Bloom, T. Rowe Price's head of Canada. Before joining T. Rowe Price, Garant served as director of sales and relationship management for MFS Investment Management Canada, where he led institutional business development and client servicing for the province of Quebec. Prior to that, he was a partner at Sigma Alpha Capital Inc, where he was head of business development and client servicing and co-manager of the firm's Global Macros Hedge Fund. Garant holds a bachelor's degree in actuarial science from Laval University and a master's in finance from University of Sherbrooke. He also holds the Chartered Financial Analyst® designation. "We are thrilled to have Jean-Sebastien join our team in Canada," said Bloom. "His extensive experience in serving institutional clients and consultants will be integral to helping grow and diversity our business in Canada. His hiring underscores our commitment to having a local presence in Montreal and to bringing deep expertise to our Canadian client and consultant community." T. Rowe Price (Canada) Inc. is a unit of T. Rowe Price's Americas division, which offers investment management services to institutional investors and institutional consultants. ABOUT T. ROWE PRICE Founded in 1937, T. Rowe Price (NASDAQ - GS: TROW) helps people around the world achieve their long-term investment goals. As a large global asset management company known for investment excellence, retirement leadership, and independent proprietary research, the firm is built on a culture of integrity that puts client interests first. Investors rely on the award-winning firm for its retirement expertise and active management approach of equity, fixed income, alternatives, and multi-asset investment capabilities. T. Rowe Price manages CAD $1.819 trillion in assets under management as of November 30, 2023, and serves millions of clients globally. News and other updates can be found on Facebook, Instagram, LinkedIn, X, YouTube, and troweprice.com/newsroom. View original content to download multimedia:https://www.prnewswire.com/news-releases/t-rowe-price-announces-addition-of-vice-president-to-institutional-business-in-canada-302017903.html SOURCE T. Rowe Price Associates, Inc.; T. Rowe Price Group, Inc. Share T. Rowe Price Group, Inc. is an investment management company that provides investment advisory services to individual and institutional investors, retirement plans, and financial intermediaries. The group manages a broad range of American and international stock, blended asset, bond, and money market mutual funds and other investment portfolios. T. Rowe Price Group also provides investment advisory clients with related administrative services, including mutual fund transfer agent, accounting and shareholder services, participant recordkeeping and transfer agent services for defined contribution retirement plans, discount brokerage, and trust services. At the end of 2021, the group had USD 1,687.8 billion of assets under management. Sector

Addition Investments

124 Investments

Addition has made 124 investments. Their latest investment was in Daedalus as part of their Series A on February 08, 2024.

CBI Logo

Addition Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

2/8/2024

Series A

Daedalus

$21M

No

8

10/10/2023

Series B

SuperOps.ai

$12.4M

No

2

9/29/2023

Series B

OneChronos

$40M

Yes

3

9/7/2023

Seed VC

Subscribe to see more

Subscribe to see more

10

7/17/2023

Seed VC

Subscribe to see more

$99M

Subscribe to see more

10

Date

2/8/2024

10/10/2023

9/29/2023

9/7/2023

7/17/2023

Round

Series A

Series B

Series B

Seed VC

Seed VC

Company

Daedalus

SuperOps.ai

OneChronos

Subscribe to see more

Subscribe to see more

Amount

$21M

$12.4M

$40M

$99M

New?

No

No

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

8

2

3

10

10

Addition Portfolio Exits

4 Portfolio Exits

Addition has 4 portfolio exits. Their latest portfolio exit was Jeli on November 02, 2023.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

11/2/2023

Acquired

$99M

5

5/11/2022

IPO

Subscribe to see more

$99M

Subscribe to see more

10

10/7/2021

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

6/3/2021

IPO

Subscribe to see more

$99M

Subscribe to see more

10

Date

11/2/2023

5/11/2022

10/7/2021

6/3/2021

Exit

Acquired

IPO

Acquired

IPO

Companies

Subscribe to see more

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

5

10

10

10

Addition Fund History

5 Fund Histories

Addition has 5 funds, including Addition Fund I.

Closing Date

Fund

Fund Type

Status

Amount

Sources

7/1/2020

Addition Fund I

$1,202.98M

2

7/1/2020

Addition One Partners

$99M

10

Addition Two

10

Addition Fund III

10

Addition Fund V

10

Closing Date

7/1/2020

7/1/2020

Fund

Addition Fund I

Addition One Partners

Addition Two

Addition Fund III

Addition Fund V

Fund Type

Status

Amount

$1,202.98M

$99M

Sources

2

10

10

10

10

Addition Team

1 Team Member

Addition has 1 team member, including current Founder, Lee Jared Fixel.

Name

Work History

Title

Status

Lee Jared Fixel

Founder

Current

Name

Lee Jared Fixel

Work History

Title

Founder

Status

Current

Loading...

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.