
Manatt Venture Fund
Description
Manatt Venture Fund is the strategic investment arm of Manatt, Phelps & Phillips, LLP, a distinguished professional services firm renowned for its integrated legal and consulting capabilities. Based in Los Angeles, the fund distinguishes itself from traditional venture capital firms by leveraging the extensive expertise of its parent organization. This unique structure allows Manatt Venture Fund to offer more than just capital, providing portfolio companies with invaluable access to legal, regulatory, and business advisory services from Manatt’s broad network of professionals.
The fund primarily targets early-stage companies, typically investing in Seed to Series A rounds. Its investment thesis is deeply intertwined with Manatt, Phelps & Phillips' core practice areas, leading to a focus on sectors such as healthcare, technology, digital media, and financial services. Manatt Venture Fund seeks to partner with innovative companies where its strategic guidance and deep industry knowledge can significantly accelerate growth and navigate complex market landscapes. This hands-on approach aims to build long-term value by integrating legal and business strategy from the outset.
Historically, the Manatt Venture Fund has aimed to invest initial checks ranging from $250,000 to $1 million in its portfolio companies, as reported in 2017. This capital is complemented by the strategic support derived from Manatt, Phelps & Phillips' approximately 450 attorneys and consultants, who provide critical insights into legal compliance, market entry, and operational scaling. The fund's commitment extends beyond financial backing, positioning itself as a strategic partner that helps startups mitigate risks and capitalize on opportunities through comprehensive professional services. This integrated model makes Manatt Venture Fund a distinctive player in the early-stage investment landscape, particularly for companies that can benefit from robust legal and consulting guidance alongside capital.
Investor Profile
Manatt Venture Fund has backed more than 66 startups, with 0 new investments in the last 12 months alone. The firm has led 1 rounds, about 2% of its total and boasts 22 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Seed, Series Unknown rounds (top funding stages).
- Majority of deals are located in United States, Canada, Ireland.
- Strong thematic focus on Software, Mobile, Internet.
- Typical check size: $250K – $1M.
Stage Focus
- Series A (32%)
- Seed (21%)
- Series Unknown (14%)
- Series B (12%)
- Series C (9%)
- Convertible Note (6%)
- Angel (5%)
- Series D (2%)
Country Focus
- United States (95%)
- Canada (2%)
- Ireland (2%)
- United Kingdom (2%)
Industry Focus
- Software
- Mobile
- Internet
- Health Care
- Information Technology
- Music
- E-commerce
- Advertising
- Analytics
- Digital Media
Frequently Asked Questions
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