Essence VC
Signal active
Investment Firm
Overview
N/A
Highlights
Founded
2019
Industry
Employees
1-10
Investment
30
Lead Investment
2
Exits
1
Stages
Seed, Early Stage Venture
Investor Type
Micro Vc
Location
United States, North America
Contact Information
Social
Profile Resume
Essence VC, established in 2019 and headquartered in United States, North America., specializes in Seed, Early Stage Venture investments across Software, Financial Services, Venture Capital, Finance, Artificial Intelligence (AI), SaaS, Cyber Security, Infrastructure, Machine Learning, Augmented Reality. The organization boasts a portfolio of 30 investments, with an average round size of $8.1M and 1 successful exits. Their recent investments include Restate, Redpoint, Unify, Firestreak Ventures, Y Combinator. The highest investment round they participated in was $19.3B. Among their most notable exits are Restate and Redpoint. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.
Investment portfolio
Essence VC has made 30 investments. Their most recent investment was on Jun 10, 2024, when Restate raised $7.0M.
Essence VC has made 4 diversity investments. Their most recent diversity investment was on Apr 30, 2024, when Teleskope raised $5.0M.
investments
30
Diversity investments
4
Lead investments
2
Number of exits
1
Investments
30
| Annouced Date | Organization Name | Industry | Money Raised |
|---|---|---|---|
| Apr 30, 2024 | Teleskope | Software | 5.0M |
| May 15, 2024 | LanceDB | Information Services | 8.0M |
| May 22, 2024 | Unify | Artificial Intelligence (AI) | 8.0M |
| Jun 10, 2024 | Restate | Software | 7.0M |
Exits
1
Funding Timeline
Funding rounds
30
Investors
0
Funds
0
Funding Rounds
30
Essence VC has raised 30 rounds. Their latest funding was raised on Jun 10, 2024 from a Seed Round - Restate round.
| Annouced Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
|---|---|---|---|---|
| Apr 30, 2024 | Seed Round - Teleskope | - | 5.0M | - |
| May 15, 2024 | Seed Round - LanceDB | - | 8.0M | - |
| May 22, 2024 | Seed Round - Unify | - | 8.0M | - |
| Jun 10, 2024 | Seed Round - Restate | - | 7.0M | - |
Investors
0
There is no funding round available on this profile
Fund raised
2
Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.
| Annouced Date | Fund Name | Money Raised |
|---|---|---|
| May 10, 2013 | OTPPLESS | 1.0M |
| May 11, 2013 | OTPPLESS | 1.0M |
Invest in industries
N/A
Recent Activity
There is no recent news or activity for this profile.