Growth Fund Portcos Build on Key AV Strengths
The fund of exclusively follow-on investments reflects AV’s ability to choose from a variety of portcos it knows well and have demonstrated notable traction.
Ranked by Pitchbook as the world’s third most active venture capitalist, Alumni Ventures has a deep portfolio. Our investments in 1,000+ companies (increasing by ~200-250 per year) give us ample opportunities to reinvest in follow-on rounds to back existing AV portcos with demonstrated traction. Repeat investing in portcos with demonstrated track records is a core component of venture capital strategy. Last year, AV completed a total of 111 follow-on investments.
Tapping into this strength, AV is offering a new Growth Fund for current investors in any of our funds. This portfolio of ~20-30 exclusively follow-on investments is diversified by sector, stage, geography, and investor syndicate. AV Founder and CEO Mike Collins described AV’s criteria for portcos that might be included in the portfolio as ones “we’ve been following closely over years, tracking performance and building productive relationships with founders.”
"It’s one thing to have a compelling pitch and opportunity. But great companies execute and even outperform expectations. Those are the kinds of portcos we would typically regard as strong Growth Fund candidates."
New Growth Fund for AV Investors
If the Growth Fund opportunity is of interest to you, click below to explore fund materials, or book a call to discuss the fund.
Sample AV Follow-on Investments
To illustrate what a Growth Fund investment might look like, here are examples of portcos that AV invested in more than once:*
Mythical is a game tech platform enabling true ownership in digital assets, verifiable scarcity, and integrated secondary markets. We first invested in the company’s $19 million Series A in 2019. Our latest investment was in 2021 for Mythical’s $150 million Series C at a $1.25 billion post-valuation. Learn More »
SonderMind is a behavioral health network for consumers, private practitioners, and partners or enterprises that helps patients find therapists and integrates with billing systems. We first invested in the company’s $2.5 million Seed in 2018. We last invested in their $150 million Series C in 2021. Learn More »
For more examples of AV follow-on investments, along with additional materials about the Growth Fund, check our fund portal.
*For illustration purposes only. These investments are not intended to suggest any level of investment returns; not necessarily indicative of investments invested by any one fund or investor. Many returns in investments result in the loss of capital invested. These investments are not available to future fund investors except potentially in certain follow-on investment options. To see the performance of each exited investment for all Alumni Ventures funds over the last twelve months and our historical performance since 2014, click here.
AV CEO Explains Growth Fund’s Thesis
Want to learn more about AVs Growth Fund? Click below to watch a short video featuring CEO Mike Collins highlighting why investors may find the Growth Fund an attractive opportunity. In this video, he provides examples of companies that match AV’s thesis — and why this opportunity is only being offered to our current investors. Topics include:
- The Fund’s Thesis
- How We Assemble the Portfolio
- Examples of Companies That Fit the Fund Thesis
- What Makes the Fund Unique?
See video policy below.
You can also click here to access a Q&A with Mike to learn more about the Growth Fund thesis.
Growth Fund Overview
- Portfolio will include ~20-30 companies diversified by sector, stage, geography, and investor syndicate
- Co-investing alongside other established lead investors
- All deals have passed our diligence process and are sponsored by an actively managed fund team (as they are for any round we participate in)
- Targeting existing portfolio companies with track records of meeting or beating expectations and where the risk / return balance is compelling
- Largely invested in ~12-15 months, with ~20-25% reserved for follow-ons
- $25,000 minimum to participate
- Access to periodic Growth Fund Syndications, letting you increase your participation in select investments in your portfolio if you choose
Growth Fund Closing Soon
The Growth Fund is only open through June. We anticipate strong interest. We’re limited to only 249 accredited investors, so secure your spot promptly.
Contact [email protected] for additional information. To see additional risk factors and investment considerations, visit av-funds.com/disclosures.