Investments
109Portfolio Exits
24Funds
7Service Providers
1About Millennium Technology Value Partners
Millennium has been a pioneer, innovator, and leader in developing institutional-quality alternative liquidity programs for companies and shareholders in the venture capital ecosystem, partnering with the world's leading technology companies to design investment structures that foster long-term growth from growth capital to debt financing and secondary liquidity. The firm has close to $1 billion in assets under management, and has completed more than 300 investments that include Facebook (FB), Twitter (TWTR), Tumblr (YHOO), Zappos (AMZN), Tellme (MSFT), Epocrates (ATHN), Chegg (CHGG), Lookout, Good Technology, BeachMint, HauteLook (JWN), GreenDot (GDOT), NetSpend (TSS), ETF Securities, Tremor (TRMR), LegalZoom, Wayport (T), RigNet (RNET), iPass (IPAS), Airvana (SAC), HootSuite, ArcSight (HPQ), ID Analytics (LOCK), Datapipe (acquired), PlaySpan (V), Alibaba Group, and many others. Millennium's most recent fund, Millennium Technology Value Partners II, is the largest fund focused on providing alternative liquidity solutions to shareholders of venture-backed companies. In addition to its leadership in secondary investing, Millennium also provides flexible capital solutions to high-growth companies. Based in New York, Millennium is led by its founding partners Samuel Schwerin and Daniel Burstein.
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Latest Millennium Technology Value Partners News
Jul 12, 2022
Back to HomeANN ARBOR, MI, May Mobility, a leader in the development and deployment of autonomous vehicle (AV) technology, today closed a $111 million Series C round of funding.SoftBank, State Farm Ventures, Next Century Ventures, SAIC, Wanxiang, Karma and 10x Group join the list of partners committed to the company's mission of driving a greener, more accessible future through mobility.The round was led by SPARX Group Co., Ltd.'s Mirai Creation Fund II alongside Tokio Marine, Toyota Tsusho, Bridgestone Americas and returning investors Toyota Ventures, Millennium Technology Value Partners, Cyrus Capital Partners, LG Technology Ventures and Maven Ventures, among others.May Mobility is building the world's best autonomy system.Their proprietary Multi-Policy Decision Making (MPDM) system is at the core of their mission to help make cities safer, greener, and more accessible. Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by StartupAround.
Millennium Technology Value Partners Investments
109 Investments
Millennium Technology Value Partners has made 109 investments. Their latest investment was in Gori Company as part of their Seed VC on July 7, 2023.
Millennium Technology Value Partners Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
7/25/2023 | Seed VC | Gori Company | $3.8M | Yes | 1 | |
7/12/2022 | Series C - II | May Mobility | $111M | No | 9 | |
6/7/2022 | Series A | Strella | $8M | Yes | 4 | |
3/28/2022 | Series C - II | |||||
1/26/2022 | Series C |
Date | 7/25/2023 | 7/12/2022 | 6/7/2022 | 3/28/2022 | 1/26/2022 |
|---|---|---|---|---|---|
Round | Seed VC | Series C - II | Series A | Series C - II | Series C |
Company | Gori Company | May Mobility | Strella | ||
Amount | $3.8M | $111M | $8M | ||
New? | Yes | No | Yes | ||
Co-Investors | |||||
Sources | 1 | 9 | 4 |
Millennium Technology Value Partners Portfolio Exits
24 Portfolio Exits
Millennium Technology Value Partners has 24 portfolio exits. Their latest portfolio exit was PrecisionHawk on March 29, 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 |
|---|---|---|---|---|---|
3/29/2023 | Merger | 4 | |||
3/18/2022 | Asset Sale | 3 | |||
2/14/2022 | Reverse Merger | 5 | |||
Date | 3/29/2023 | 3/18/2022 | 2/14/2022 | ||
|---|---|---|---|---|---|
Exit | Merger | Asset Sale | Reverse Merger | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 4 | 3 | 5 |
Millennium Technology Value Partners Fund History
7 Fund Histories
Millennium Technology Value Partners has 7 funds, including Millennium New Horizons I LP.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
1/23/2019 | Millennium New Horizons I LP | Secondary Direct/Portfolio | Open | $51M | 1 |
12/31/2012 | Millennium Technology Value Partners Master | ||||
4/26/2010 | Millennium Technology Value Partners II | ||||
4/2/2006 | Millennium Technology Value Partners I | ||||
1/1/2000 | Millenium Technology Ventures LP |
Closing Date | 1/23/2019 | 12/31/2012 | 4/26/2010 | 4/2/2006 | 1/1/2000 |
|---|---|---|---|---|---|
Fund | Millennium New Horizons I LP | Millennium Technology Value Partners Master | Millennium Technology Value Partners II | Millennium Technology Value Partners I | Millenium Technology Ventures LP |
Fund Type | Secondary Direct/Portfolio | ||||
Status | Open | ||||
Amount | $51M | ||||
Sources | 1 |
Millennium Technology Value Partners Service Providers
1 Service Provider
Millennium Technology Value Partners 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
Millennium Technology Value Partners Team
6 Team Members
Millennium Technology Value Partners has 6 team members, including current Founder, Managing Partner, Samuel L. Schwerin.
Name | Work History | Title | Status |
|---|---|---|---|
Samuel L. Schwerin | StorageApps, and Blackstone | Founder, Managing Partner | Current |
Name | Samuel L. Schwerin | ||||
|---|---|---|---|---|---|
Work History | StorageApps, and Blackstone | ||||
Title | Founder, Managing Partner | ||||
Status | Current |
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