
Pinnacle Ventures
Description
Pinnacle Ventures is a prominent private venture capital firm based in Menlo Park, California, established in 2001. The firm distinguishes itself by primarily offering venture debt alongside equity financing, catering to early-stage companies that have achieved significant operational milestones and are positioned for accelerated growth. Their investment thesis centers on providing flexible capital solutions designed to extend runway, fund growth initiatives, or bridge to subsequent equity rounds, often serving as a less dilutive alternative to traditional equity raises.
The firm strategically targets companies across high-growth sectors, including technology, life sciences, and cleantech. Pinnacle Ventures seeks out businesses that have demonstrated strong market traction, robust revenue streams, and a clear path towards scalability and profitability. Their approach involves a thorough assessment of a company's financial health and growth trajectory, ensuring that their capital infusion can effectively catalyze the next phase of development without excessive dilution for founders and existing shareholders.
Pinnacle Ventures has demonstrated substantial financial backing and commitment to the venture ecosystem, having successfully raised five dedicated funds, each totaling $250 million, accumulating an impressive $1.25 billion in total capital under management since its inception. This substantial capital base enables the firm to deploy significant resources into its portfolio companies. While specific check sizes can vary based on the company's needs and stage, Pinnacle Ventures typically provides initial investments ranging from approximately $5 million to $20 million, aligning with the capital requirements of growth-stage companies seeking substantial non-dilutive or minimally dilutive financing. This strategic deployment of capital underscores their role in supporting the scaling of innovative enterprises.
Investor Profile
Pinnacle Ventures has backed more than 85 startups, with 2 new investments in the last 12 months alone. The firm has led 14 rounds, about 16% of its total and boasts 37 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series C, Series B, Series D rounds (top funding stages).
- Majority of deals are located in United States, Brazil, Canada.
- Strong thematic focus on Biotechnology, Software, Information Technology.
- Led 2 rounds in the past year.
- Typical check size: $5M – $20M.
Stage Focus
- Series C (28%)
- Series B (21%)
- Series D (16%)
- Series Unknown (9%)
- Seed (7%)
- Debt Financing (6%)
- Series A (4%)
- Series G (4%)
- Series E (2%)
- Post Ipo Equity (1%)
Country Focus
- United States (88%)
- Brazil (5%)
- Canada (2%)
- United Kingdom (2%)
- Australia (1%)
- Singapore (1%)
Industry Focus
- Biotechnology
- Software
- Information Technology
- Health Care
- Internet
- Medical Device
- Advertising
- Electronics
- Semiconductor
- Mobile Apps
Frequently Asked Questions
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