For a full breakdown of portfolio data please click here. Our portfolio companies have gone on to raise $750M+ in VC from top tier funds / angels including Sequoia, Andreessen Horowitz, Sam Altman, Peter Thiel, Reid Hoffman, Founders Fund, Google Ventures, Greycroft Partners, General Catalyst, 8VC, Floodgate, Kleiner Perkins, Index Ventures, Insight Partners, among others. While still early on its lifecycle, the syndicate portfolio has a gross TVPI of 1.5x w/ $150M+ AUM. Over the last 2.5 years, we have grown the syndicate to be one of the most active on the platform, now supporting 5,500+ LP’s with over $100M deployed in 200+ companies. In 2019, We launched the Mana Ventures AngelList Syndicate. Today, Mana Ventures Fund I is valued at $9.3M and has already realized 10.5x returns and an IRR of 210.9%. Over the span of 2 years, we deployed $885k of capital in 9 companies which included two breakout investments in recently public Unity Technologies (IPO - $12B+) and quickly growing Restream ($50M Series A). In 2016, We launched Mana Ventures Fund I. We will find them, due diligence them, and back them! We request it early on so we can continue to participate as the business scales and raises more capital. 75+% of our deals include pro rata rights. Some of our best investments have been in Seed+ rounds, where founders aren’t quite ready for a large Series A, but have strong enough traction that we can see where it is heading and we can come in before it gets too competitive / expensive. In 2021, we will continue to find incredible founders building strong businesses with reasonable valuations outside of the major US tech hubs and internationally. These are typically companies at or above $1M ARR. We often invest at the early signs of product market fit or scaling traction. SAAS, B2B, Consumer, Frontier Tech, FinTech, Gaming, Healthtech, AI / Data. As previous product founders and operators ourselves, our network of sharp friends & colleagues starting companies is strong. Here are a few criteria that are important to us. We invest Seed - Series C companies w/ check sizes that range from $100k - $1M. After delivering 10.5x returns on Mana Ventures Fund I, we launched the MV Syndicate and MV Rolling Fund (II) to back the smartest founders tackling the hardest problems. ![]() My partner Jack is also a previous founder and current VP of Product at Snap. Hi, I’m Morgan! I’m a previous founder and Head of BD at Restream.
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