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Venture Capital
FINANCE | Investment Firms & Funds
congruentvc.com

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Investments

52

Portfolio Exits

2

Funds

7

Service Providers

1

About Congruent Ventures

Congruent Ventures invests in early stage sustainability technology companies.

Congruent Ventures Headquarter Location

6114 La Salle Avenue Suite 443

Oakland, California, 94611,

United States

510-768-7482

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Congruent Ventures Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Congruent Ventures Rank

Latest Congruent Ventures News

Carbon assessment startup raises $10 million

May 27, 2022

Photo: Planet FWD SAN FRANCISCO — Planet FWD, a carbon assessment startup, has raised $10 million in Series A funding led by Acre Venture Partners and Congruent Ventures. Founded in 2019, Planet FWD partners with consumer products companies to measure, reduce and neutralize carbon emissions and has granted carbon neutral certification to brands including Simple Truth, Healthy Hippo, Kiki Milk, and its own climate-friendly cracker line, Moonshot Snacks. Dozens of enterprises, including Kashi, Just Salad, Numi Organic Tea, Toodaloo and Sweet Loren’s are using the platform to advance their climate goals. The new funding will support accelerated product development and the hiring of additional team members. “The fact is that we are not currently on track to meet our global 2030 climate targets, but we still have time to get on the right path,” said Julia Collins, founder and chief executive officer of Planet FWD. “As daunting as the challenge may seem, I believe that it is actually a privilege to live during this window of time when we still have an opportunity to stave off the worst effects of the climate crisis. The future of consumer products is climate-friendly, and our customers are leading the way. We are excited to support consumer companies as they achieve carbon transparency and build a path to decarbonization.” Household goods and services account for 60% of global greenhouse gas emissions, and 82% of millennials and Gen Z consumers believe brands should take more responsibility for tackling climate change, according to Planet FWD, which has raised $16.8 million to date. Additional investors include Emerson Collective, BBG Ventures, Precursor, Concrete Rose, January Ventures, Elemental Excelerator, Cleo Capital and ReThink Food. “While there’s no one solution to tackling the climate crisis, we stand to make a massive impact if we can rapidly decarbonize the food system and broader consumer goods sector,” shared Sam Kass, partner at Acre Venture Partners. “Julia’s vision is clear, and her team’s passion and talent are already driving change by reducing emissions across food, fashion and beauty brands. We’re proud to help fuel this next phase of growth as Planet FWD powers a climate-friendly consumer movement.”

Congruent Ventures Investments

52 Investments

Congruent Ventures has made 52 investments. Their latest investment was in Lightship as part of their Series A on July 7, 2022.

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Congruent Ventures Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

7/13/2022

Series A

Lightship

$23M

Yes

3

6/23/2022

Seed VC

Synop

$10M

Yes

3

6/8/2022

Series A

Muon Space

$25M

No

2

5/24/2022

Series A

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$99M

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10

5/10/2022

Seed VC - II

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$99M

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10

Date

7/13/2022

6/23/2022

6/8/2022

5/24/2022

5/10/2022

Round

Series A

Seed VC

Series A

Series A

Seed VC - II

Company

Lightship

Synop

Muon Space

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Amount

$23M

$10M

$25M

$99M

$99M

New?

Yes

Yes

No

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Co-Investors

Sources

3

3

2

10

10

Congruent Ventures Portfolio Exits

2 Portfolio Exits

Congruent Ventures has 2 portfolio exits. Their latest portfolio exit was Blueprint Power on October 07, 2021.

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

10/7/2021

Acquired

$99M

2

10/5/2021

Acquired

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$99M

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10

Date

10/7/2021

10/5/2021

Exit

Acquired

Acquired

Companies

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Valuation

$99M

$99M

Acquirer

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Sources

2

10

Congruent Ventures Fund History

7 Fund Histories

Congruent Ventures has 7 funds, including Congruent Ventures II.

Closing Date

Fund

Fund Type

Status

Amount

Sources

4/27/2021

Congruent Ventures II

$175M

3

7/8/2019

SIP Congruent Co-Investment Fund I

$99M

10

7/8/2019

2040 Congruent Co-Investment Fund I

$99M

10

1/29/2018

Congruent Ventures I

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$99M

10

Congruent Follow-on Fund I

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10

Closing Date

4/27/2021

7/8/2019

7/8/2019

1/29/2018

Fund

Congruent Ventures II

SIP Congruent Co-Investment Fund I

2040 Congruent Co-Investment Fund I

Congruent Ventures I

Congruent Follow-on Fund I

Fund Type

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Status

Subscribe to see more

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Amount

$175M

$99M

$99M

$99M

Sources

3

10

10

10

10

Congruent Ventures Service Providers

1 Service Provider

Congruent Ventures has 1 service provider relationship

Service Provider

Associated Rounds

Provider Type

Service Type

Counsel

General Counsel

Service Provider

Associated Rounds

Provider Type

Counsel

Service Type

General Counsel

Partnership data by VentureSource

Congruent Ventures Team

2 Team Members

Congruent Ventures has 2 team members, including current Founder, Managing Partner, Joshua Posamentier.

Name

Work History

Title

Status

Joshua Posamentier

Prelude Ventures, National Semiconductor, Texas Instruments, Intel, QualiTau, NERSC, Berkeley Lab, University of California, Berkeley, and ncsa

Founder, Managing Partner

Current

Abe Yokell

RockPort Capital Partners

Founder, Managing Partner

Current

Name

Joshua Posamentier

Abe Yokell

Work History

Prelude Ventures, National Semiconductor, Texas Instruments, Intel, QualiTau, NERSC, Berkeley Lab, University of California, Berkeley, and ncsa

RockPort Capital Partners

Title

Founder, Managing Partner

Founder, Managing Partner

Status

Current

Current

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