Woodside Fund

Woodside Fund is a long-standing venture capital firm based in Silicon Valley, with a history dating back to its founding in 1983. The firm has consistently focused on early-stage technology companies, primarily targeting innovative solutions within the enterprise software sector. Their investment thesis historically centered on areas such as artificial intelligence, machine learning, cybersecurity, cloud infrastructure, and big data, aiming to identify and support companies poised for significant disruption in these critical technology domains.

Historically, Woodside Fund engaged in Seed and Series A rounds, providing crucial capital to nascent startups. Their investment strategy was characterized by a hands-on approach, leveraging their deep industry expertise and network to guide portfolio companies through their initial growth phases. The firm's last publicly known fund, Woodside Fund VII, closed in 2012 with commitments totaling $100 million, which informed their typical investment sizes. Initial checks from Woodside Fund were generally in the range of $500,000 to $3,000,000, tailored to the specific needs and stage of the early-stage companies they backed.

Over its extensive operational history, Woodside Fund has built a substantial portfolio, having made over 150 investments across various technology sub-sectors. The firm has also demonstrated a track record of successful exits, with more than 30 companies achieving liquidity events through acquisitions or IPOs. However, it is important to note that Woodside Fund's investment activity appears to have significantly slowed in recent years, with major databases indicating their last reported new investment was in 2018. This suggests that the firm may currently be more focused on managing and supporting its existing portfolio rather than actively deploying new capital into first-time investments.