Investments
82Portfolio Exits
14Funds
2Latest Geodesic Capital News
Oct 17, 2023
Nova Credit , a NYC-based data analytics company enabling businesses to grow responsibly by leveraging alternative credit data, raised $45M in Series C funding. The round was led by Nova Credit with participation from existing backers General Catalyst, Index Ventures, Kleiner Perkins, Y Combinator, and Avid Ventures, as well as new investors Geodesic Capital, Harmonic Capital, Radiate Capital, and Socium Ventures (Cox Enterprises). Led by CEO Misha Esipov, Nova Credit is a data analytics company that leverages credit data sources, bank-grade infrastructure and compliance framework, and proprietary credit expertise to help lenders fill the gaps that exist in traditional credit analytics. Its cross-border credit solution, Credit Passport®, and cash flow underwriting and verification solution, Cash AtlasTM, are used by organizations like American Express, Verizon, HSBC, SoFi, Scotiabank, and Yardi. The company intends to use the funds to further broaden its product offering beyond cross-border credit reporting and scale Cash Atlas. FinSMEs 17/10/2023
Geodesic Capital Investments
82 Investments
Geodesic Capital has made 82 investments. Their latest investment was in Nova Credit as part of their Series C on October 10, 2023.
Geodesic Capital Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
10/17/2023 | Series C | Nova Credit | $45M | Yes | 1 | |
9/13/2023 | Series D - III | Kin | $33M | No | 3 | |
8/1/2023 | Series C | Nile | $175M | Yes | 4 | |
6/28/2023 | Series C | |||||
3/22/2023 | Series D - II |
Date | 10/17/2023 | 9/13/2023 | 8/1/2023 | 6/28/2023 | 3/22/2023 |
|---|---|---|---|---|---|
Round | Series C | Series D - III | Series C | Series C | Series D - II |
Company | Nova Credit | Kin | Nile | ||
Amount | $45M | $33M | $175M | ||
New? | Yes | No | Yes | ||
Co-Investors | |||||
Sources | 1 | 3 | 4 |
Geodesic Capital Portfolio Exits
14 Portfolio Exits
Geodesic Capital has 14 portfolio exits. Their latest portfolio exit was Figma on September 15, 2022.
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 |
|---|---|---|---|---|---|
9/15/2022 | Acquired | 179 | |||
12/9/2021 | IPO | Public | 44 | ||
11/4/2021 | Reverse Merger | 8 | |||
Date | 9/15/2022 | 12/9/2021 | 11/4/2021 | ||
|---|---|---|---|---|---|
Exit | Acquired | IPO | Reverse Merger | ||
Companies | |||||
Valuation | |||||
Acquirer | Public | ||||
Sources | 179 | 44 | 8 |
Geodesic Capital Fund History
2 Fund Histories
Geodesic Capital has 2 funds, including Geodesic Capital Fund I.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
5/17/2016 | Geodesic Capital Fund I | Late-Stage Venture Capital | Closed | $335M | 6 |
Geodesic Capital Fund I-S |
Closing Date | 5/17/2016 | |
|---|---|---|
Fund | Geodesic Capital Fund I | Geodesic Capital Fund I-S |
Fund Type | Late-Stage Venture Capital | |
Status | Closed | |
Amount | $335M | |
Sources | 6 |
Geodesic Capital Team
2 Team Members
Geodesic Capital has 2 team members, including current General Partner, Ashvin Bachireddy.
Name | Work History | Title | Status |
|---|---|---|---|
Ashvin Bachireddy | General Partner | Current | |
Name | Ashvin Bachireddy | |
|---|---|---|
Work History | ||
Title | General Partner | |
Status | Current |
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