Investments
25Portfolio Exits
13Latest Raymond Tonsing News
Apr 8, 2021
Nuvocargo, a digital logistics platform for cross-border trade, is trying to modernize the process. The approach has caught investors’ eyes: Nearly one year after announcing it had raised a USD 5.3 Million seed round, the company has closed on a USD 12 Million Series A funding led by QED Investors and with injections from David Velez, Michael Ronen, Raymond Tonsing, FJ Labs and Clocktower. Investors NFX and ALLVP, which participated in the previous round, also participated.
Raymond Tonsing Investments
25 Investments
Raymond Tonsing has made 25 investments. Their latest investment was in Nuvocargo as part of their Series A on April 4, 2021.
Raymond Tonsing Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
4/7/2021 | Series A | Nuvocargo | $12M | Yes | 7 | |
12/9/2020 | Seed VC | Varda Space Industries | $9M | Yes | 5 | |
9/16/2014 | Seed VC - II | TrueAccord | $3.75M | Yes | 2 | |
8/27/2014 | Series A - II | |||||
1/16/2014 | Series C |
Date | 4/7/2021 | 12/9/2020 | 9/16/2014 | 8/27/2014 | 1/16/2014 |
|---|---|---|---|---|---|
Round | Series A | Seed VC | Seed VC - II | Series A - II | Series C |
Company | Nuvocargo | Varda Space Industries | TrueAccord | ||
Amount | $12M | $9M | $3.75M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 7 | 5 | 2 |
Raymond Tonsing Portfolio Exits
13 Portfolio Exits
Raymond Tonsing has 13 portfolio exits. Their latest portfolio exit was Wish on December 16, 2020.
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 |
|---|---|---|---|---|---|
12/16/2020 | IPO | 1 | |||
2/7/2019 | Acquired | 2 | |||
2/6/2019 | Acquired | 3 | |||