Investments
31Portfolio Exits
13About WGI Group
WGI Group provides early stage capital to internet entrepreneurs. The firm is a group of experienced internet entrepreneurs that has had some success building their own companies. The firms investments are managed by Michael Walrath, Noah Goodhart and Jonah Goodhart. WGI is seeking to partner with passionate entrepreneurs who are not afraid to dream up big industry-changing ideas, yet who understand all the small steps and day-to-day execution that is required to implement a strategic concept. The firm generally makes seed or early stage investments up to $500,000.
WGI Group Headquarters Location
New York, New York,
United States
Latest WGI Group News
Sep 24, 2021
The Vendry , a NYC-based marketplace and professional community for corporate event planners, closed a $6.5m seed funding round. The round was led by Peter Boyce, Founder of Stellation Capital, with participation from Founder Collective, Primary Ventures, WGI Group, Leadout Capital, Operator Partners, Brilliant Friends, Howard Lerman, Brian Distelburger, Jason Harinstein, Geoff Yang, and Ed Zimmerman. The company intends to use the funds to expand its product and engineering teams in order to invest in new platform developments. The Vendry is working to empower corporate event professionals as they navigate the return to live events. The Vendry will use the funds to scale its product, expand into new markets, and grow its team. Led by Daphne Hoppenot, CEO and Founder, The Vendry is a digital marketplace and professional community for the events industry. The online marketplace connects event planning professionals with the venues and vendors they need to produce events. The platform digitizes the traditionally manual process of requesting, collecting, and comparing proposals from venues and vendors. Plus, event professionals can connect with each other through As of September 2021, The Vendry has over 18,000 members and has helped plan thousands of live and virtual events. FinSMEs 24/09/2021
WGI Group Investments
31 Investments
WGI Group has made 31 investments. Their latest investment was in The Vendry as part of their Seed VC on September 9, 2021.
WGI Group Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
9/23/2021 | Seed VC | The Vendry | $6.5M | Yes | 2 | |
4/30/2019 | Series D | OpenWeb | $25M | Yes | 5 | |
11/1/2018 | Series A | EDO | $12M | Yes | 5 | |
10/15/2017 | Seed VC | |||||
8/31/2016 | Series B - II |
Date | 9/23/2021 | 4/30/2019 | 11/1/2018 | 10/15/2017 | 8/31/2016 |
|---|---|---|---|---|---|
Round | Seed VC | Series D | Series A | Seed VC | Series B - II |
Company | The Vendry | OpenWeb | EDO | ||
Amount | $6.5M | $25M | $12M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 2 | 5 | 5 |
WGI Group Portfolio Exits
13 Portfolio Exits
WGI Group has 13 portfolio exits. Their latest portfolio exit was VIOLET GREY on January 28, 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 |
|---|---|---|---|---|---|
1/28/2022 | Acquired | 8 | |||
6/29/2021 | Reverse Merger | 15 | |||
1/27/2021 | Acquired | 7 | |||
Date | 1/28/2022 | 6/29/2021 | 1/27/2021 | ||
|---|---|---|---|---|---|
Exit | Acquired | Reverse Merger | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 8 | 15 | 7 |
WGI Group Team
3 Team Members
WGI Group has 3 team members, including current Founding Partner, Noah Goodhart.
Name | Work History | Title | Status |
|---|---|---|---|
Noah Goodhart | Founding Partner | Current | |
Jonah Goodhart | Founding Partner | Current | |
Michael Walrath | Yahoo!, Right Media, and DoubleClick | Founding Partner | Current |
Name | Noah Goodhart | Jonah Goodhart | Michael Walrath |
|---|---|---|---|
Work History | Yahoo!, Right Media, and DoubleClick | ||
Title | Founding Partner | Founding Partner | Founding Partner |
Status | Current | Current | Current |
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