Investments
81Portfolio Exits
17Funds
3About Fluke Venture Partners
Fluke Venture Partners has a long tradition of assisting Pacific Northwest entrepreneurs in building companies. Over more than two and a half decades they have supported many businesses from the early stages onward.
Fluke Venture Partners Headquarter Location
11300 SE 6th Street Suite 230
98004,
United States
425-453-4590
Latest Fluke Venture Partners News
Apr 26, 2014
Tags: Allen & Co. , Allen & Company , Fluke Venture Partners , Madrona Venture Group , Mike Metzger , Montlake Capital , PayScale , SAP Ventures , Startups , Trinity Ventures , Warburg Pincus Warburg Pincus has announced it has made a majority investment in compensation software service company PayScale as part of a deal worth up to $100 million. PayScale was founded in 2000 and offers customers access to the world’s largest database of individual compensation profiles, which contains more than 40 million salary profiles. PayScale’s products are powered by algorithms that dynamically acquire and aggregate compensation information for millions of individuals in real-time. PayScale has more than 3,000 of its enterprise subscribers in 13 countries that rely on the company’s products to make salary decisions for more than 2 million employees. “This investment validates PayScale’s position as the leading compensation data and SaaS provider enabling businesses to attract, retain and optimize the return on their most important assets, their people,” said Mike Metzger, President and Chief Executive Officer of PayScale. “By leveraging Warburg Pincus’ expertise, experience and growth capital, we will be able to enhance our product offerings and accelerate our growth.” The funding will be used to support marketing, sales initiatives, and new hires. Prior to this deal, PayScale raised funding from investors like Montlake Capital, Madrona Venture Group, Fluke Venture Partners, Trinity Ventures, Allen & Co., and SAP Ventures.
Fluke Venture Partners Investments
81 Investments
Fluke Venture Partners has made 81 investments. Their latest investment was in Columbia Nutritional as part of their Unattributed VC on August 8, 2019.
Fluke Venture Partners Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
8/13/2019 | Unattributed VC | Columbia Nutritional | $0.75M | Yes | 1 | |
11/6/2013 | Series C - II | Concordia Coffee Company | $1.5M | No | 1 | |
10/17/2013 | Debt - II | Concordia Coffee Company | $0.5M | No | 1 | |
6/27/2012 | Series C | |||||
6/13/2012 | Debt |
Date | 8/13/2019 | 11/6/2013 | 10/17/2013 | 6/27/2012 | 6/13/2012 |
---|---|---|---|---|---|
Round | Unattributed VC | Series C - II | Debt - II | Series C | Debt |
Company | Columbia Nutritional | Concordia Coffee Company | Concordia Coffee Company | ||
Amount | $0.75M | $1.5M | $0.5M | ||
New? | Yes | No | No | ||
Co-Investors | |||||
Sources | 1 | 1 | 1 |
Fluke Venture Partners Portfolio Exits
17 Portfolio Exits
Fluke Venture Partners has 17 portfolio exits. Their latest portfolio exit was Palantir Technologies on September 30, 2020.
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 |
---|---|---|---|---|---|
9/30/2020 | IPO | 4 | |||
9/24/2020 | Acquired | 2 | |||
10/10/2017 | Acquired | 2 | |||
Date | 9/30/2020 | 9/24/2020 | 10/10/2017 | ||
---|---|---|---|---|---|
Exit | IPO | Acquired | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 4 | 2 | 2 |
Fluke Venture Partners Fund History
3 Fund Histories
Fluke Venture Partners has 3 funds, including Fluke Venture Partners III LP.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
8/16/2007 | Fluke Venture Partners III LP | Early-Stage Venture Capital | Closed | $100M | 1 |
8/16/2004 | Fluke Venture Partners II LP | ||||
6/15/1999 | Fluke Venture Partners LP |
Closing Date | 8/16/2007 | 8/16/2004 | 6/15/1999 |
---|---|---|---|
Fund | Fluke Venture Partners III LP | Fluke Venture Partners II LP | Fluke Venture Partners LP |
Fund Type | Early-Stage Venture Capital | ||
Status | Closed | ||
Amount | $100M | ||
Sources | 1 |
Fluke Venture Partners Team
2 Team Members
Fluke Venture Partners has 2 team members, including current Managing Director, Kevin Gabelein.
Name | Work History | Title | Status |
---|---|---|---|
Kevin Gabelein | Managing Director | Current | |
Kirsten Morbeck | Microsoft, Mohr Davidow Ventures, and Lehman Brothers | Managing Director | Former |
Name | Kevin Gabelein | Kirsten Morbeck |
---|---|---|
Work History | Microsoft, Mohr Davidow Ventures, and Lehman Brothers | |
Title | Managing Director | Managing Director |
Status | Current | Former |
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