Investments
26Portfolio Exits
8Funds
2About Project 11 Ventures
Project 11 is an early stage venture capital firm that gives seed funding to firms in the internet sector. Their strategy is generally to make numerous small investments, initially ranging from $10,000 to $50,000. They also offer professional guidance and coaching to portfolio firms. Project 11 Ventures was founded by ex-Microsofties Reed Sturtevant and Katie Rae.
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Latest Project 11 Ventures News
Apr 21, 2015
Project 11 Ventures - Workshop: Build Your Product Roadmap and Customer Development Plan When: Mon May 04, 2015 2:00 pm Organization: Project 11 Ventures Website: https://docs.google.com/forms/d/1Xjn5LyfzyLxsP-ULg-ngFR_eRItsqeJr6cTj9zkuM-I/viewform As partners in Project 11 Ventures we like to stay closely connected to entrepreneurs in our community. This is a special chance to spend half a day with Katie Rae, Bob Mason and Reed Sturtevant working closely together to refine and critique your key decisions relating to product design and customer development. Through both individual and group exercises, you will learn to apply top-down thinking to guide your roadmap as you prove product/market fit and build company value. + Who are the "actors" in your business and do their actions create a virtuous cycle? + What are the assumptions that need to be proven or disproven for the business to succeed? + How can you take risk out of the business in a quick, capital efficient way? The ideal participants would be the founding team of an early stage startup (aka pre-seed or seed stage) who bring an open, respectful and intellectually rigorous attitude. We will take care not to group competitive companies into the same workshop.
Project 11 Ventures Investments
26 Investments
Project 11 Ventures has made 26 investments. Their latest investment was in Volta Networks as part of their Series B on April 4, 2020.
Project 11 Ventures Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
4/20/2020 | Series B | Volta Networks | $11.03M | No | 1 | |
8/9/2019 | Series A - II | Volta Networks | $5M | No | 1 | |
5/20/2019 | Series A | Mightier | $6.6M | No | 2 | |
12/6/2018 | Series A | |||||
10/5/2018 | Series A |
Date | 4/20/2020 | 8/9/2019 | 5/20/2019 | 12/6/2018 | 10/5/2018 |
|---|---|---|---|---|---|
Round | Series B | Series A - II | Series A | Series A | Series A |
Company | Volta Networks | Volta Networks | Mightier | ||
Amount | $11.03M | $5M | $6.6M | ||
New? | No | No | No | ||
Co-Investors | |||||
Sources | 1 | 1 | 2 |
Project 11 Ventures Portfolio Exits
8 Portfolio Exits
Project 11 Ventures has 8 portfolio exits. Their latest portfolio exit was Volta Networks on October 19, 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 |
|---|---|---|---|---|---|
10/19/2021 | Acquired | 2 | |||
Date | 10/19/2021 | ||||
|---|---|---|---|---|---|
Exit | Acquired | ||||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 2 |
Project 11 Ventures Fund History
2 Fund Histories
Project 11 Ventures has 2 funds, including Project 11 Ventures I.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
Project 11 Ventures I | 1 | ||||
Project 11 Ventures Fund I |
Closing Date | ||
|---|---|---|
Fund | Project 11 Ventures I | Project 11 Ventures Fund I |
Fund Type | ||
Status | ||
Amount | ||
Sources | 1 |
Project 11 Ventures Team
3 Team Members
Project 11 Ventures has 3 team members, including current Managing Director, Robert Mason.
Name | Work History | Title | Status |
|---|---|---|---|
Robert Mason | Managing Director | Current | |
Name | Robert Mason | ||
|---|---|---|---|
Work History | |||
Title | Managing Director | ||
Status | Current |
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