[Array VC] Exciting Reads, Investments, & Job Opportunities
Year-End Update
Array Ventures (website) invests in newly forming data/AI companies. We have a highly successful track record of graduating companies to top-tier VCs. We can lead or follow with check sizes of $1.5m or less.
Email us your decks at arraydeals@array.vcHow Array Ventures Returned Fund I (2016) in 2024—And Why It Matters
In venture capital, liquidity is often an afterthought. Many firms focus on paper returns, but delivering real capital back to LPs is what truly sets top-performing funds apart.
At Array Ventures, the results speak for themselves:
✅ We fully returned our 2016 Fund I in Q1 2024—with plenty more upside still in play.
✅ We’ve distributed capital to LPs every year for the past five years.
✅ More good news 📰 on the DPI 💰 front to report next quarter 👏👏👏
This is no small feat in today’s venture landscape. With unicorns like Databricks, Stripe, SpaceX, Figma, Notion and many other $10B+ value companies are staying private longer, the average time to liquidity now exceeds 14 years. Many funds are sitting on assets with no clear path to distribution.
Average number of years to go public used to be 7-10 years and most the companies listed above are over 11+ years old. The average number of year for companies to go public is well over 14+ years now. Companies that can access capital in the private markets are taking advantage of JOBS Act to remain private. All this is to say that DPI is becoming a larger challenge for many funds but Array VC’s story is that of a contrarian.
Portfolio Company Follow-on Rounds
What you can see with Array’s portfolio is our founders ability to raise follow-on capital from top-tier firms. Last year a third of our portfolio raised follow-on capital and in some cases twice in the same year! Here are some notable ones:
RadAI Series B from Khosla Ventures and Series C from Transformation Capital
HappyRobot Series A from A16Z
Openprise Series B from Morgan Stanley
PlacerAI Series C
Investments
We invested in 7 companies last year and led 5 of those 7 investments. We also made additional 6 follow-on investments in our winners. As our companies succeed they often are growing. Please look at open jobs are these portfolio companies here.
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