Search company, investor...

Predict your next investment

Venture Capital

Investments

4

Portfolio Exits

1

Funds

1

About Montane Ventures

Montane Ventures makes seed and series A investments across technology, cross-border and consumer startups.

Headquarters Location

India

Want to inform investors similar to Montane Ventures about your company?

Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.

Latest Montane Ventures News

Montane Ventures, clutch of investors invest $1.2 million in edtech space GreyAtom’s pre-series A round

Nov 30, 2019

GreyAtom , an edtech space, has bagged $1.2 million (approx INR 8 crore) in pre-series A round from Montane Ventures , Pravega Ventures , and cofounder of BrowserStack , Ritesh Arora , reported Inc42 . The infused financials will be used by GreyAtom to diversify its technology courses line up to include courses on front end engineering, back end engineering, and test automation. Mitul Thakkar , co-founder at GreyAtom said that the newer programmes will be launched with an income share agreement, where GreyAtom is not going to charge anything upfront but will take a fixed percentage of the income of course takers. “This enables us to create a great amount of trust between us and the learners,” he added. GreyAtom was founded in 2017 by Shweta Doshi , Mitul Thakkar and Mayuresh Shilotri . The edtech space GreyAtom provides online and offline education to learners, especially working professionals, to pivot careers in emerging technologies like machine learning, artificial intelligence (AI), data science and full-stack engineering through an end to end learning and career preparation process. The company GreyAtom said that so far, it has received over 4700 applications. Moreover, the acceptance rate for these applications currently stands at 4.8 per cent. GreyAtom claims to has provided tech education to over 35,000 learners to reskill/upskill their tech knowledge. The company also claims that, in the last two years, 87% of learners have achieved their career change goals with their education programmes. As per its LinkedIn page, the platform bridges the gap between learners and the industry by bringing them together on its learning platform ‘GLabs’, which provides hands-on coding experience, mentorship and access to a peer community for learners.

Montane Ventures Investments

4 Investments

Montane Ventures has made 4 investments. Their latest investment was in GreyAtom as part of their Seed VC - II on December 12, 2019.

CBI Logo

Montane Ventures Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

12/2/2019

Seed VC - II

GreyAtom

$1.2M

Yes

2

2/6/2018

Seed VC

Subscribe to see more

$99M

Subscribe to see more

10

5/23/2017

Series A

Subscribe to see more

$99M

Subscribe to see more

10

Seed VC

Subscribe to see more

$99M

Subscribe to see more

10

Date

12/2/2019

2/6/2018

5/23/2017

Round

Seed VC - II

Seed VC

Series A

Seed VC

Company

GreyAtom

Subscribe to see more

Subscribe to see more

Subscribe to see more

Amount

$1.2M

$99M

$99M

$99M

New?

Yes

Subscribe to see more

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

2

10

10

10

Montane Ventures Portfolio Exits

1 Portfolio Exit

Montane Ventures has 1 portfolio exit. Their latest portfolio exit was GreyAtom on January 10, 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

1/10/2022

Acquired

$99M

1

Date

1/10/2022

Exit

Acquired

Companies

Valuation

$99M

Acquirer

Sources

1

Montane Ventures Fund History

1 Fund History

Montane Ventures has 1 fund, including Montane Ventures.

Closing Date

Fund

Fund Type

Status

Amount

Sources

2/22/2016

Montane Ventures

1

Closing Date

2/22/2016

Fund

Montane Ventures

Fund Type

Status

Amount

Sources

1

Montane Ventures Team

1 Team Member

Montane Ventures has 1 team member, including current Managing Director, Peter DeYoung.

Name

Work History

Title

Status

Peter DeYoung

Managing Director

Current

Name

Peter DeYoung

Work History

Title

Managing Director

Status

Current

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.