Investments
74Portfolio Exits
4
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Latest Garage Capital News
May 16, 2023
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Quilt, creators of the most advanced ductless heat pump system ever designed for residential use, has closed a $9M seed funding round led by Lowercarbon Capital and Gradient Ventures. The company’s mission to reduce home-based fossil fuel dependency has attracted additional support from Incite Ventures, MCJ Collective, Garage Capital, Climate Capital, and Spacecadet. Quilt has developed a highly efficient electric heat pump system that is controlled throug
Garage Capital Investments
74 Investments
Garage Capital has made 74 investments. Their latest investment was in Quilt as part of their Seed VC on May 5, 2023.
Garage Capital Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
5/16/2023 | Seed VC | Quilt | $9M | Yes | 5 | |
2/28/2023 | Seed VC | Devyce | $2.7M | Yes | 2 | |
2/7/2023 | Seed VC | Peggy | $8.04M | Yes | 1 | |
1/19/2023 | Series C | |||||
12/7/2022 | Seed VC |
Date | 5/16/2023 | 2/28/2023 | 2/7/2023 | 1/19/2023 | 12/7/2022 |
|---|---|---|---|---|---|
Round | Seed VC | Seed VC | Seed VC | Series C | Seed VC |
Company | Quilt | Devyce | Peggy | ||
Amount | $9M | $2.7M | $8.04M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 5 | 2 | 1 |
Garage Capital Portfolio Exits
4 Portfolio Exits
Garage Capital has 4 portfolio exits. Their latest portfolio exit was Roadmunk on November 23, 2021.
Garage Capital Team
3 Team Members
Garage Capital has 3 team members, including current Founder, General Partner, Michael Litt.
Name | Work History | Title | Status |
|---|---|---|---|
Michael Litt | Cypress Semiconductor, BlackBerry, Roadtrek, and Mammoet | Founder, General Partner | Current |
Name | Michael Litt | ||
|---|---|---|---|
Work History | Cypress Semiconductor, BlackBerry, Roadtrek, and Mammoet | ||
Title | Founder, General Partner | ||
Status | Current |
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