Craft Ventures

Craft Ventures
Private
Industry Venture capital
Founded 2017 (2017)
Founder David O. Sacks, Bill Lee
Headquarters San Francisco
Products Venture capital
Total assets $350 million
Website craftventures.com
Footnotes / references
[1]

Craft Ventures is a venture capital firm based in San Francisco, focusing on technology and cryptocurrency. It was established in 2017 by David O. Sacks and Bill Lee.[2][3] Its first investment was leading a series A round for Bird, a scooter sharing company, in February of 2018.[4]

The fund is called Craft, which represents our view that company building is a craft that we've learned over the course of founding four companies with successful exits.

— David O. Sacks[3]

Craft Ventures has also invested in Bird again, in a series B round[5], as well as in Harbor, Rare Bits and Terminal.[6]

References

  1. ↑ Primack, Dan (2018-01-04). "David Sacks teams with Bill Lee to raise $350 million VC fund". Axios. Retrieved 2018-06-03.
  2. ↑ Primack, Dan (2017-10-06). "Ex-Zenefits CEO David Sacks raising VC fund". Axios. Retrieved 2018-06-03.
  3. 1 2 Jackson, Eric (2018-02-06). "Ex-PayPal executive David Sacks explains how his new company will change crypto trading". CNBC. Retrieved 2018-06-03.
  4. ↑ "Bird Raises $15 Million in Series A Funding, Led by Craft Ventures". PR Newswire (Press release). Santa Monica, California. 2018-02-13. Retrieved 2018-06-03.
  5. ↑ "Bird Announces $100 Million in Series B Funding". bird.co (Press release). Santa Monica, California. 2018-03-09. Retrieved 2018-06-03.
  6. ↑ "Craft Ventures". Crunchbase. Retrieved 2018-06-03.
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