~/investments
Below is the data (periodically updated) on all of my private startup investments to-date. The idea is to be transparent about all of them: no window dressing and no survivorship bias. I've sought in good faith to represent them all here.
The vast majority of these investments were passive / on the sidelines. That means I wasn't a large or meaningful part of their fundraising round, just allowed to participate with a smaller amount (typically $5,000 to $25,000).
The longer-term goal of this dataset is to shed light on early stage investing to make it better for everyone involved. To bring some of the rigor of public markets with the "disinfectant of sunlight".
I think there are a lot of lessons available for founders and investors alike, and hope to increase the available data over time. Reach out if you'd like to see me add any data points or background!
A quick note on returns (click to expand)
Return calculations require assigning at least two valuations: when you invest and at some later point, either when you exit or at an arbitrary point in time. Exits are easy to calculate (the price is set by someone else, just as the investment had), but the majority of current investments otherwise must be valued arbitrarily by some estimate of current value.
Currently I am using the simplest methodology available: the last fundraising round valuation. That means if they haven't raised more money since, the valuation is statistically more likely to be overstated than understated. Remember, this is not an endorsement or investment advice, nor an offer for any securities.
A lot of the returns show small declines or near complete losses but not total losses. These should probably stand out as peculiar, but there's a good reason for both: fees/transaction costs.
The vast majority of deals have some allocation of transaction costs for legal and related expenses incurred in the transaction. That means less than 100% of the principal ends up getting invested in the company. Therefore it immediately has a negative return equal to the amount of transaction expense incurred. And in the event of a total loss without a distribution, it has been accounted for as a total loss of the principal invested excluding the transaction costs.
Investment Portfolio
AI platform providing financial services firms with real-time insights through advanced NLP and predictive analytics.
Robotics company developing automated massage and wellness solutions using advanced robotics and AI.
Full-service parking operator platform managing operations, payments, and enforcement for parking real estate.
Digital banking platform in Mexico providing modern financial services and money management tools.
Digital pharmacy platform offering same-day prescription delivery and medication management services.
Vietnamese investment platform making stock and crypto investing accessible to retail investors.
Platform connecting startups with investors, talent, and resources for fundraising and growth.
AI-powered audit automation platform streamlining financial audit processes for enterprises.
Enterprise mobile security and threat detection platform protecting against wireless threats.
US-regulated cryptocurrency exchange offering trading of digital assets.
Sustainable oral care company creating plastic-free toothpaste bits and eco-friendly dental products.
Financial technology company providing corporate credit cards and spend management software for businesses.
Cryptocurrency tax and portfolio tracking platform for investors and traders.
Castor
Castor is a decentralized benefits platform that provides support for informal workers across Latin America who lack access to automated savings
Aerial imagery and analytics platform for agriculture optimization using AI and thermal imaging.
Recca helps you expand your horizons and discover shared interests by trading recommendations with friends and influencers.
AI platform providing real-time emotional intelligence analysis for customer service interactions.
Personal finance app using AI to help young professionals track, understand, and optimize their spending and savings.
Banking and financial literacy platform designed for teenagers and families.
Decentralized clinical trial platform enabling research teams to run virtual and hybrid clinical studies.
Technology-enabled property management platform for single-family rental homes.
AI-powered data analytics platform helping businesses extract insights from unstructured data.
AI-powered documentation platform that automatically generates and maintains technical documentation from code.
Open offer real estate platform that brings transparency to home buying through upfront information and real-time pricing.
Investment platform enabling families to invest in their children's future through custodial accounts.
Residential sale-leaseback platform enabling homeowners to access their home equity while staying in their homes.
Clean coffee brand focused on functional mushroom coffee blends and wellness products.
FitHub is an online supermarket specialized in healthy products, currently operating in Colombia. We have a healthy and eco-friendly sourcing criteria for every product we offer.
Supply chain finance platform providing working capital solutions for businesses.
No-code platform for building native mobile applications using Flutter, enabling rapid app development without coding.
Healthcare technology platform streamlining medical practice operations and patient engagement.
Real estate technology platform streamlining property transactions and management in Southeast Asia.
Real estate technology platform streamlining property transactions and management in Southeast Asia.
Digital banking and networking platform designed for Black small business owners and entrepreneurs.
Insurance platform offering better rates for health-conscious individuals.
Practice management platform for mental health professionals, streamlining operations and billing.
Biotech company developing human milk proteins through precision fermentation for infant formula.
Biotech company developing human milk proteins through precision fermentation for infant formula.
Real estate technology platform streamlining residential property management and tenant experience.
Heroes Jobs
The app for Gen Z searching for a job
Idilika
A hassle free way to search, buy, and own your second home in Brazil
Modern financial services company providing rental insurance and security deposit alternatives.
Create your dream home, enabling a new era of modern living.
Digital-first home insurance company using data and technology to simplify coverage and reduce costs.
Digital health platform providing personalized physical therapy and rehabilitation services.
Koffie Financial
Commercial trucking insurance platform using telematics and AI for risk assessment.
Insurance technology platform replacing security deposits with lease insurance for residential properties.
On-demand rental marketplace for consumer electronics and technology products.
A smart photo frame to display all your family's favorite photo memories.
Insurance infrastructure platform enabling delivery platforms to provide coverage for their drivers.
B2B marketing operations platform automating technical marketing operations and paid campaign optimization.
Moves
Financial services platform designed specifically for gig economy workers.
Extended warranty and product protection platform for e-commerce.
Digital banking platform designed specifically for small businesses and startups.
Oliver Space
Furniture rental and home design platform offering flexible furnishing solutions.
AI-powered investment management platform for real estate portfolios.
Global employment platform enabling companies to hire and pay international employees compliantly.
API platform providing payroll connectivity to enable earned wage access, direct deposit switching, and income verification.
Home renovation platform providing real-time home value analytics.
Mobile banking platform offering premium debit card with rewards and financial tools.
Polly is a modern employee feedback and engagement platform.
Direct mail automation platform for e-commerce brands to drive customer retention and acquisition.
Financial data analytics platform for consumers and investment professionals.
Financial infrastructure platform providing custody, compliance, and payment solutions for fintech companies.
Real estate marketplace platform in Latin America streamlining property transactions and management.
Mental health company creating natural supplements for stress and anxiety management.
Digital procurement platform for healthcare providers in Africa.
Global HR platform enabling companies to hire, onboard, and pay remote employees worldwide in compliance with local laws.
Customer identity and data privacy platform for businesses.
Browser and email tech for secure verification of senders.
Maritime navigation and vessel optimization platform using AI for route planning.
Home weatherization and electrification platform offering upgrades with no upfront cost, paid through energy savings.
Digital mortgage platform streamlining the home loan process.
Make diesel semi trucks hybrid-electric
Identity verification and KYC platform for businesses in Southeast Asia.
Vest is an application that allows investing in the US stock market in Latin America.
Platform enabling creators to monetize their content and engage with fans through personalized experiences.
Platform connecting public companies with retail investors through shareholder rewards.
Fund administration and accounting platform for investment managers.
Switch provides a simple way to pool money and spend with a group.
Post-purchase payments platform offering instant cashback and flexible payment options for retail customers.
No-code platform for creators to build and monetize their digital presence and communities.
Blockchain-based platform for real estate title and property rights management.
Toucan was a language learning Chrome extension for in-browser language learning.
B2B marketplace platform for small retailers in Latin America.
AI-powered platform connecting companies with vetted software developers for remote work.
Investment platform enabling startups to raise capital from their communities.
Banking-as-a-service platform enabling companies to embed financial services.
Equity management platform helping companies create and manage employee equity plans.
Web3 platform enabling communities and creators to launch their own social tokens and NFT projects.
Regulated cryptocurrency mining and trading platform.
Platform connecting companies with participants for user research and customer feedback studies.
Platform connecting businesses with no-code developers and tools.
Last-minute vacation rental booking platform offering discounted rates.
Payment infrastructure platform for Latin American businesses enabling flexible payment solutions.
E-commerce aggregator acquiring and scaling Latin American online brands.
HR management platform for SMBs in Latin America, streamlining payroll and employee operations.
Platform connecting consumers with vetted financial advisors.