Silicon Valley Growth Syndicate (SVGS) Fund One is Fully Invested in 65 Tech Startups

Silicon Valley Growth Syndicate (SVGS) Fund One is Fully Invested in 65 Tech Startups

MENLO PARK, Calif. — Silicon Valley Growth Syndicate (SVGS), a Micro VC, today announced that their Fund One is fully invested in 65 tech startups. The fund has invested in several notable startups including GearLaunch, Modern Message, and Distribute.

The fund has worked hard to balance its portfolio between Silicon Valley and non-Silicon Valley enterprises. “We strive for geographic and industry balance in our investments,” says L.W. McNutt, co-founder of SVGS. “We were going to have an all Silicon Valley portfolio, but when valuations got high in 2014, we started looking hard in places like Arkansas, Tennessee, Louisiana, and Texas, where we found good opportunities at reasonable valuations.

Founded in 2013 by Will Bunker, Russell Lewis, and L.W. McNutt, SVGS invests in early stage companies with revenue. It is comprised of a team of 34 investors and 11 mentors that Coach Upstartups to prepare for future growth and additional rounds of funding. “We like marketing driven businesses,” said Will Bunker, co-founder of SVGS. “Often the things that are moving the needle at one portfolio company can help another company grow.

Portfolio Highlights

Silicon Valley is home to 38 of the 65 companies, with others coming from Texas (6), Southern California (4), Australia (3), New York (3), Arkansas (1), Nevada (1), Arizona (1), Colorado (1), Mississippi (1), Louisiana (1), Washington D.C. (1), Ohio (1), England (1), and Ireland (2).

Highlights of the SVGS portfolio include:

  • 60 percent business-to-consumer and 40 percent business-to-business companies.
  • Product Hunt, a platform to discover and discuss newly launched products, was the first positive exit for SVGS, with a return of about 4.2x on their investment.

SVGS’s 65 portfolio companies that comprise Fund One:

  • GearLaunch (www.gearlaunch.com)
    • Distribute (www.distribute.com)
      • Modern Message (www.modernmessage.com)
        • beGlammed (www.beglammed.com)
          • Upswing (upswing.io)
            • Gamma 2 Robotics (www.gamma2robotics.com)
              • Cozymeal (www.cozymeal.com)
                • BuildFire (buildfire.com)
                  • Try (try.com)
                    • Buzzstarter (www.buzzstarter.biz)
                      • NextUser (www.nextuser.com)
                        • 2RedBeans (www.2redbeans.com)
                          • SixDoors (dead soldier)
                            • SnapUp (snapup.com)
                              • BorrowMyDoggy (www.borrowmydoggy.com)
                                • MeetSOCI (www.meetsoci.com)
                                  • BottlesTonight (www.getbottlestonight.com)
                                    • DoRevolution (www.DoRevolution.com)
                                      • Love With Food (lovewithfood.com)
                                        • View Market (www.viewmarket.com)
                                          • Bourbon & Boots (dead soldier)
                                            • OnFleet (onfleet.com)
                                              • VSporto (vsporto.com)
                                                • Drop (www.getdrop.com)
                                                  • WePlann (www.weplann.com)
                                                    • Revfluence (www.revfluence.com)
                                                      • Mogul (www.onmogul.com)
                                                        • Immediately (www.immediatelyapp.com)
                                                          • Hint Health (www.hint.com)
                                                            • BarTrendr (www.bartrendr.com)
                                                              • Wyldfire (wyldfireapp.com)
                                                                • Parrable (www.parrable.com)
                                                                  • StudySoup (studysoup.com)
                                                                    • PetBrosia (dead soldier)
                                                                      • Eight Sleep (www.eightsleep.com)
                                                                        • Billowby (billowby.com)
                                                                          • MentorCloud (mentorcloud.com)
                                                                            • Cargo Chief (www.CargoChief.com)
                                                                              • Sprig (www.sprig.com)
                                                                                • Catalia Health (cataliahealth.com)
                                                                                  • VOIQ (www.voiq.com)
                                                                                    • DishCrawl (dead soldier)
                                                                                      • Blueboard (www.blueboard.com)
                                                                                        • Zerply (zerply.com)
                                                                                          • Tray.io (tray.io)
                                                                                            • Myagi (myagi.com)
                                                                                              • Robin Technologies (www.tryrobin.com)
                                                                                                • BeautyBooked (dead soldier)
                                                                                                  • EasyPaint (www.easypaint.com)
                                                                                                    • PlotBox (www.plotbox.io)
                                                                                                      • Dil Mil (dilmil.co)
                                                                                                        • Aurasel (www.aurasel.com)
                                                                                                          • Roost Storage (roost.com)
                                                                                                            • Avanoo (www.avanoo.com)
                                                                                                              • Trakio (trak.io)
                                                                                                                • Stitch (www.stitch.net)
                                                                                                                  • XY Gaming (www.XYGaming.com)
                                                                                                                    • Anedot (www.anedot.com)
                                                                                                                      • NeoDigital (dead soldier)
                                                                                                                        • ContenTools (contentools.com)
                                                                                                                          • Red Clay (www.redclaydesign.com)
                                                                                                                            • Cannabis Reports (www.confidentcannabis.com)
                                                                                                                              • Shop VIDA (shopvida.com)
                                                                                                                                • Quibb (quibb.com)
                                                                                                                                  • Blownaway (blownaway.co)

                                                                                                                                For more information about the Silicon Valley Growth Syndicate (SVGS), visit http://siliconvalleygrowth.com.

                                                                                                                                About Silicon Valley Growth Syndicate (SVGS):

                                                                                                                                SVGS is an investor partnership providing early-stage capital to entrepreneurs with developed business plans, complete products, and most importantly, revenue derived from the marketplace. Investments are focused in areas of expertise that include: consumer eCommerce, SaaS enterprise, mobile, social, transactions/commerce business, subscription models, niche markets, lead generation business, dating, business-to-business solutions, and cross-border opportunities. For more information, visit http://siliconvalleygrowth.com or call L.W. McNutt at 214-537-9311.

                                                                                                                                Contact

                                                                                                                                L.W. McNutt

                                                                                                                                Co-Founder, SVGS

                                                                                                                                214-537-9311

                                                                                                                                mcnutt@siliconvalleygrowth.com