
Wonder Ventures
Description
Wonder Ventures is a prominent early-stage venture capital firm based in Santa Monica, California, specializing in Pre-Seed and Seed investments. Founded by Robert Lambert, the firm is dedicated to identifying and backing exceptional entrepreneurs who are building disruptive technology companies. Their investment thesis centers on supporting founders at the earliest stages, providing crucial capital and strategic guidance to help nascent companies scale and achieve significant market impact.
The firm's investment strategy is characterized by a hands-on approach, focusing on a select number of high-potential startups. Wonder Ventures typically writes initial checks ranging from $750,000 to $1.5 million, aiming to be a lead or co-lead investor in early funding rounds. They primarily target companies in the consumer and enterprise technology sectors, demonstrating a keen eye for innovation across various industries. Their portfolio reflects a commitment to backing ventures with strong product-market fit potential and scalable business models.
Wonder Ventures has a track record of successful exits and notable investments. For instance, their portfolio includes companies like Honey, which was acquired by PayPal for approximately $4 billion, and Pluto TV, acquired by Viacom for $340 million, showcasing their ability to identify future industry leaders. The firm recently closed its third fund, Wonder Ventures III, with $45 million in committed capital, following their $35 million Fund II. This consistent growth in fund size underscores their increasing influence and capacity to support a new generation of innovative startups in the competitive venture landscape.
Investor Profile
Wonder Ventures has backed more than 75 startups, with 3 new investments in the last 12 months alone. The firm has led 15 rounds, about 20% of its total and boasts 11 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
- Majority of deals are located in United States.
- Strong thematic focus on Software, Internet, Information Technology.
- Typical check size: $750K – $1.5M.
Stage Focus
- Seed (60%)
- Pre Seed (17%)
- Series A (12%)
- Series Unknown (4%)
- Series B (4%)
- Angel (3%)
Country Focus
- United States (99%)
Industry Focus
- Software
- Internet
- Information Technology
- Saas
- E-commerce
- Health Care
- Consumer
- Clean Energy
- Transportation
- Marketplace
Frequently Asked Questions
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