Investments
43Portfolio Exits
7Funds
2About Presence Capital
Presence Capital is an investment firm that believes virtual reality (VR) and augmented reality (AR) are technologies that are going to transform our world. The firm invests in and supports talented and passionate entrepreneurs that are utilizing these technologies to bring new and exceptional ways of communicating, working and playing to market. Presence Capital is based in San Francisco.
Expert Collections containing Presence Capital
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Find Presence Capital in 1 Expert Collection, including AR/VR.
AR/VR
33 items
Latest Presence Capital News
Jun 25, 2021
Tripp , a Los Angeles, Calif.-based digital psychedelic platform, raised $11M in funding. The round was led by Vine Ventures, and Mayfield with participation from Integrated, AlphaBridge Ventures, Beni VC, Berkeley Club, CJ Group, CTR Capital, Evolution, Robert Goldberg, Tony Greenberg, Grit VC, Incisive Ventures, Inflect Health, Iter Investments, Joanna Popper, Jim Dew, Joe Polish, JLS Fund, Lionheart Ventures, Matt Mullenweg, Mike DeLuise, Murtaza Hussain, NeoKuma, Presence Capital, PsyMed Ventures, Redbeard Ventures, Re.Mind Capital, Social Leverage, WhatIf Ventures, Mike Wilson, Mark Zittman and other individual investors. The company intends to use the funds to continue growing both its team and user base, further R&D, and expand its adaptive platform to support cross-platform distribution. Led by Nanea Reeves, CEO and Co-Founder, Chief Business Officer Mani Srinivasan, and CTO Jason Asbahr, TRIPP provides a platform which immerses users into alternate realities that promote emotional wellbeing and transformative states through the use of psychedelic visuals and targeted sounds/interactions. The company has already delivered more than two million TRIPP sessions on the Oculus and PlaystationVR platforms. FinSMEs 25/06/2021
Presence Capital Investments
43 Investments
Presence Capital has made 43 investments. Their latest investment was in Cloud Paper as part of their Series A on December 12, 2021.
Presence Capital Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
12/14/2021 | Series A | Cloud Paper | $5M | Yes | 3 | |
8/10/2021 | Series B | Thirdverse | $20M | No | 6 | |
6/24/2021 | Series A - II | Tripp | $11M | Yes | Beni Venture Capital, CTR Capital, Evolution Ventures, Grit Ventures, Incisive Ventures, Inflect Health, Integrated, Iter Investments, JLS Fund, Lionheart Ventures, Matt Mullenweg, Mayfield, Neo Kuma, PsyMed Ventures, Pure Ventures, re.Mind Capital, Red Beard Ventures, Robert Goldberg, Social Leverage, Undisclosed Investors, Vine Ventures, and What If Ventures | 16 |
11/19/2020 | Seed VC | |||||
10/6/2020 | Series A |
Date | 12/14/2021 | 8/10/2021 | 6/24/2021 | 11/19/2020 | 10/6/2020 |
|---|---|---|---|---|---|
Round | Series A | Series B | Series A - II | Seed VC | Series A |
Company | Cloud Paper | Thirdverse | Tripp | ||
Amount | $5M | $20M | $11M | ||
New? | Yes | No | Yes | ||
Co-Investors | Beni Venture Capital, CTR Capital, Evolution Ventures, Grit Ventures, Incisive Ventures, Inflect Health, Integrated, Iter Investments, JLS Fund, Lionheart Ventures, Matt Mullenweg, Mayfield, Neo Kuma, PsyMed Ventures, Pure Ventures, re.Mind Capital, Red Beard Ventures, Robert Goldberg, Social Leverage, Undisclosed Investors, Vine Ventures, and What If Ventures | ||||
Sources | 3 | 6 | 16 |
Presence Capital Portfolio Exits
7 Portfolio Exits
Presence Capital has 7 portfolio exits. Their latest portfolio exit was Harmonix on November 23, 2021.
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 |
|---|---|---|---|---|---|
11/23/2021 | Acquired - II | 1 | |||
Date | 11/23/2021 | ||||
|---|---|---|---|---|---|
Exit | Acquired - II | ||||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 1 |
Presence Capital Fund History
2 Fund Histories
Presence Capital has 2 funds, including Presence Capital Fund I.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
12/10/2015 | Presence Capital Fund I | 2 | |||
12/9/2015 | Presence Capital Fund |
Closing Date | 12/10/2015 | 12/9/2015 |
|---|---|---|
Fund | Presence Capital Fund I | Presence Capital Fund |
Fund Type | ||
Status | ||
Amount | ||
Sources | 2 |
Presence Capital Team
3 Team Members
Presence Capital has 3 team members, including current Founder, Managing Partner, Amitt Mahajan.
Name | Work History | Title | Status |
|---|---|---|---|
Amitt Mahajan | Founder, Managing Partner | Current | |
Name | Amitt Mahajan | ||
|---|---|---|---|
Work History | |||
Title | Founder, Managing Partner | ||
Status | Current |
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