Google Ventures is the venture capital fund of Google. It provides funds to companies with high potential in their early stages (seed and venture) and more advanced stages (growth) in the interest of generating a return through an IPO or a sale.
GV has invested in more than 200 companies including Uber, About.me and The Climate Corporation.
In the beginning, its operations were concentrated just in the american market but they are gradually being expanded to the rest of the world.
Its main sectors are:
In its about page, GV says that the investments are not strategic investments for Google, either way, these firms get a lot of support from the big G in design, recruiting, marketing, and more.
This is the review of the 2013 for Google Ventures:
- 75 new investments
- 10 exits
- 225 total companies
Among all the things it has achieved, I would stand out these ones:
The biggest investment it has made so far, $258 millions in Uber’s series C, the company that connects you to a personal drive, which has earned more than $1 billion of gross revenues this year.
This post was written more than 6 months ago, maybe things have changed or I don't think the same way anymore