Band investments

Since 1994, the Band has facilitated the investment into Silicon Valley's best seed stage startup companies. The Band has invested into 400+ companies since 1994. This activity has created 10,000+ jobs. Of the Band's portfolio companies, 17 have gone public and 97 have been acquired (see the exit listings below).


Sebastien Christian, CEO OtoSense(May 2016 Dinner; acquired April 2018)

Sebastien Christian, CEO OtoSense

(May 2016 Dinner; acquired April 2018)

We enjoyed raising funds from Band of Angels members. The process was clear, the organization perfect, and we learned a lot from our discussions with this open-minded community.

2024 FUNDINGS (YTD 10: 8 NEW AND 2 FOLLOW ON)

Atraverse Medical is developing the next generation of left-heart access technologies to streamline procedures and improve patient outcomes

Car IQ Fleet cards of the future. Eliminate fuel cards and transform your business operations with Car IQ's cutting-edge payments platform for small and large businesses and fleets.

EchoPixel’s software platform is the first turnkey solution that enables physicians to use a digital twin of a patient using standard medical images and experience it as a 4D interactive hologram.

Hilltop Bio's veterinary regenerative therapies are engineered to take healing to the next level for joint health, soft tissue repair, and ophthalmology.

Materna Medical is a novel OBGYN platform company, defining a $6B market in the most common pelvic conditions women face.

Oze is a platform that enables banks to lend to MSMEs profitably

Promaxo is transforming the lives of patients and doctors through their single-sided portable MRI.

TrialBase - automated deposition scheduling and direct access to experienced, certified court reporters.

 

Rock Paper Coin is designed specifically by event pros for event pros to streamline the most important part of the event business— the payment process

Verivend is a platform powering how capital moves. The painless, effortless, and paperless way investment sponsors and their investors raise and deploy capital.

 

2023 fundings (22: 16 new and 6 follow-on)

Algenesis is a material science and technology company on a mission to help the planet recover from the pollution caused by products made from fossil fuels.

Automotus has built first-of-its-kind automated curb management solutions
to help reduce emissions, congestion and safety hazards in our communities,

Basilard BioTech has introduced a novel gene delivery technology platform, Celletto™ to transform the engineering of cell based therapies

Berri Organics makes the World's first plant-based organic electrolyte drinks.

Bluejaÿ uses incisive and predictive analytics to resolve control environment challenges.

Deep Blue is transforming soft tissue surgery by developing and launching next generation surgical devices for optimal tissue tension, reinforcement, and defect closure.

EarthGrid™ is developing a groundbreaking tunnel-boring tech for faster, cheaper tunneling and trenching.

EIO Diagnostics helps dairy farmers stop mastitis infections before they start.

Healionics aims to substantially improve health, longevity, and quality of life for kidney failure patients, while reducing treatment cost.

iCHOR is developing simple, smart technologies to transform the treatment of peripheral vascular occlusions.

Loopie is a tech-enabled service that utilizes peer-to-peer marketplace model tas an alternative to existing laundry wash & fold delivery services.

Luxury Travel Hackers is shaking up the travel sector by e-commercing travel through Influencers and content creators.

NuvOx Pharma is a biotechnology company that is developing a first-in-class oxygen therapeutic to treat life-threatening diseases where hypoxia plays a role.

OneForce develops intelligent software for knowledge work automation in marketing, recruitment and other domains.

RAM Medical Innovations has developed an internationally patented MY Sheaths, for accessing challenging vascular anatomy.

Raydiant Oxymetry is improving outcomes during childbirth. A direct means to evaluate fetal oxygenation during labor. Because new beginnings deserve safe endings.

safeBVM is a medical device startup working on the problem of inadavarent hyperventilation by healthcare providers during the procedure of manual ventilation.

Seven Starling offers comprehensive online care for maternal mental health.

Shyft is a technology enabled moving marketplace from full service and DIY relocation solutions to vehicle transport services for domestic and international moving.

Skidattl connects users to their friends, allowing them to place and share Beacons with individual users, groups, or to make them public.

 

Sorfeo is a consumer products company that grows brands in the Amazon ecosystem, then expands sales to DTC and multi-channel retail.

Clinical Maestro® by Strategikon is an end-to-end elegant cloud-based platform to more efficiently budget, source and manage complex clinical programs.

 

recent IPOs, mergers, acquisitions, AND PRIVATE EQUITY EXITS

Aug-2023 Nordic to acquire the IP portfolio of US-based artificial intelligence and machine learning company Atlazo. This brings a new level of always-on AI/ML capabilities to strengthen Nordic’s core business.

Jun-2023 Comeet and Spark Hire to Merge; Pioneering a New Era in Talent Acquisition Solutions. The merger between Comeet and Spark Hire marks a pivotal moment in the talent acquisition industry.

Mar-2023: eyecandylab was acquired by Accedo. eyecandylab is the leading provider of augmented reality enhanced streaming and TV experiences.

Jan-2022: SAP to buy U.S. fintech Taulia; eyes metaverse opportunities. Taulia is a FinTech company that helps CFOs and suppliers to receive early payments on goods and services.

Jan-2022: ShotSpotter, Inc. (NasdaqCM:SSTI) acquired Forensic Logic, Inc. Forensic Logic provides secure cloud services to U.S. law enforcement and public safety.

Jun-2022: Zoetis Inc. (NYSE:ZTS) announced the completion of its acquisition of Basepaws, a privately held petcare genetics company, which provides pet owners with genetic tests, analytics and early health risk assessments.

Jun-2022: StudioNow Acquires Snapwire, a marketplace that connects visual creators to brands and businesses who need photos and videos.

Dec-2021: HealthCrowd orchestrates healthcare communications that drive healthy actions and consumer satisfaction while managing compliance.

Oct-2021: VoiceBase (Jun-2010), a leader in real-time speech recognition and conversational analytics, was acquired by LivePerson, Inc.

Sept-2021 Thermo Fisher Scientific Inc. (NYSE:TMO) acquired Combinati, Inc., a digital PCR system.

Aug-2021: Connect America Acquires Leading Remote Patient Monitoring Provider 100Plus. Better Remote Patient Monitoring for Better Healthcare Outcomes.

Aug-2021: Sherpa Digital Media (May-2015), a live event hosting and distribution platform, was acquired by Telestream®.

Aug-2021: AEye (Mar-2016), LiDAR for vehicle autonomy, advanced driver-assistance systems, and robotic vision applications, went public on NASDAQ via SPAC.

May-2021: NextInput (Jun-2014), a leader in MEMS-based sensing solutions, was acquired by Qorvo and will become the Sensor Fusion business unit within Qorvo Mobile Products.

Feb-2021: ON24 (Jun-1998), a virtual meeting platform, went public on the New York Stock Exchange.

Feb-2021: ON24 (Jun-1998), a virtual meeting platform, went public on the New York Stock Exchange.

Dec-2020: Airbnb (Jun-2011 Localmind acq by Airbnb Jun-2012), a vacation rental online marketplace, went public on the NASDAQ.

Dec-2020: Airbnb (Jun-2011 Localmind acq by Airbnb Jun-2012), a vacation rental online marketplace, went public on the NASDAQ.

Dec-2020: Abtum (Aug-2016), developer of a RF chipsets and modules, was acquired by semiconductor company Qorvo.

Dec-2020: Abtum (Aug-2016), developer of a RF chipsets and modules, was acquired by semiconductor company Qorvo.

Dec-2020: The Detection Group (Jan-2015), wireless water detection, was acquired by Watts Water Technologies.

Dec-2020: The Detection Group (Jan-2015), wireless water detection, was acquired by Watts Water Technologies.

Oct-2020 Pulmonx (May-1998), breakthrough technology for severe emphysema, went public on the NASDAQ.

Oct-2020 Pulmonx (May-1998), breakthrough technology for severe emphysema, went public on the NASDAQ.

Dec-2019: Limeade (Nov-2008 Dinner), an employee experience software company, went public on the Australian Securities Exchange.

Dec-2019: Limeade (Nov-2008 Dinner), an employee experience software company, went public on the Australian Securities Exchange.

May-2019: Life360 (Oct-2009 Dinner), an app that lets family members stay connected, went public on the Australian Securities Exchange.

May-2019: Life360 (Oct-2009 Dinner), an app that lets family members stay connected, went public on the Australian Securities Exchange.

Apr-2018: OtoSense (May-2016 Dinner), a developer of sound recognition software that turns sounds and vibrations into actionable meaning, was acquired by Analog Devices.

Apr-2018: OtoSense (May-2016 Dinner), a developer of sound recognition software that turns sounds and vibrations into actionable meaning, was acquired by Analog Devices.

Jan-2018: Practice Fusion (Mar-2009 Dinner), the #1 cloud-based electronic health record platform for doctors and patients, was acquired by Allscripts.

Jan-2018: Practice Fusion (Mar-2009 Dinner), the #1 cloud-based electronic health record platform for doctors and patients, was acquired by Allscripts.

Dec-2017: Shazam (July 2001 Dinner), one of the world's most popular apps used by hundreds of millions of people each month to instantly identify music that's playing and see what others are discovering, was acquired by Apple.

Dec-2017: Shazam (July 2001 Dinner), one of the world's most popular apps used by hundreds of millions of people each month to instantly identify music that's playing, was acquired by Apple.

Apr-2017: Vyaire Medical, Inc., the healthcare industry’s largest pure-play “breathing” company, acquired Ciel Medical, Inc. a medical device company focused on solving unmet needs of medical professionals caring for intubated patients.


INITIAL PUBLIC OFFERINGS (17)

AEye
IPO: August 18, 2021
Market Cap: $891M
Band Presentation: March 2016

ON24
IPO: February 3, 2021
Market Cap: $2.1B
Band Presentation: June 1998

Airbnb
IPO: December 10, 2020
Market Cap: $86.5B
Band Presentation: Localmind June 2011; Acquired by Airbnb June 2012

Pulmonx Corporation
IPO: October 1, 2020
Market Cap: $218.5M
Band Presentation: April 1998

Limeade
IPO: December 20, 2019
Market Cap: $335M
Band Presentation: November 2008

Life360
IPO: May 10, 2019
Market Cap: $535M
Band Presentation: October 2009

ShotSpotter
IPO: June 7, 2017
Market Cap: 138.12M
Band Presentation: January 2006

Marrone Bio Innovations
IPO: August 2, 2013
Market Cap: $264M
Band Presentation: February 2007

PortalPlayer
IPO: November 19, 2004
Market Cap: $564.37M
Band Presentation: April 2002

Genitope Corporation
IPO: November 23, 2003
Market Cap: $373.52M
Band Presentation: October 1998

Cepheid
IPO: June 23, 2000
Market Cap: $400.33M
Band Presentation: March 1997

Convergys Learning Solutions
IPO: February 23, 2000
Market Cap: $2.11B
Band Presentation: June 1996

Neoforma
IPO: January 25, 2000
Market Cap: $139.87M
Band Presentation: March 1998

Wit Capital
IPO: June 4, 1999
Market Cap: $78M
Band Presentation: August 1997

Keynote Systems
IPO: August 24, 1999
Market Cap: $255.92M
Band Presentation: June 1997

Notify Technology
IPO: August 28, 1997
Market Cap: $2.46M
Band Presentation: September 1995

Novacept
IPO: March 8, 1996
Market Cap: $3.13B
Band Presentation: September 1995


mergers, acquisitions, AND PRIVATE EQUITY EXITS (97)

  • 100 Plus (iBeat)

  • A4Vision

  • Abtum

  • AdECN (Experclick)

  • Airflash

  • AirZip, Inc.

  • Alere

  • Alere Medical

  • Arrayent

  • Asilomar Pharmaceuticals, Inc.

  • Atlazo

  • Aura Communications

  • Auto Town

  • Baystone Software

  • Before the Call

  • Basepaws

  • Berkeley Heart Lab

  • BioImagene

  • BOPS

  • C Level Design

  • Ciel Medical

  • Clarus Systems

  • ClearVox

  • CogENT Therapeutics

  • Collett Intl/Numetrics Management Sys.

  • Consorte Media

  • Combinati

  • Comeet Technologies

  • Coyote Systems

  • Crystallume

  • Delve Networks

  • Digital Records Corp

  • Digital Think

  • EMB

  • Encelle

  • EndoTex Interventional Systems

  • Escapia

  • EveryTrail

  • Eyecandylab

  • Faraday Bicycles

  • Forensic Logic

  • GetActive

  • GlobalCast

  • Gravyty

  • Harvest Technology

  • Hipbone Software

  • HealthCrowd

  • InfoAxe dba Rover

  • innoCOMM

  • Innoveda

  • JobFlash

  • Kerbango

  • Knowledge Revolution

  • LeveLite Technology

  • Market Tools

  • MediaTile

  • Mi5 Networks

  • Mirra

  • NativeMinds, Inc.

  • Nellix

  • NetBuy

  • NextInput

  • Notiva

  • Novacept, Inc.

  • Novus Packaging

  • NuGEN Technologies

  • OASys

  • OnScale

  • OnWire Technologies

  • OpsCruise

  • OtoSense

  • Power Computing Corp

  • Practice Fusion

  • Pretty Good Privacy

  • QuickSilver Group

  • Qumu (Media Publisher)

  • Quorum Systems

  • SafeView

  • Sandpiper

  • Scimagix

  • SeaDragon

  • Seadragon Software

  • SendMail, Inc.

  • Sensys Instruments

  • Senvid

  • Sherpa Digital Media

  • Shazam

  • Snapwire

  • Spectralus

  • Spruce Technologies

  • STARION Instruments

  • Taulia

  • The Detection Group

  • Ustream

  • Virtual Silicon Tech

  • VoiceBase

  • Yardbarker