Formation Group Fund I Overview
- Fund Strategy
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Venture
- Fund Status
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Liquidated
- Fund Manager
- Formation Group
- Size
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$354M
- Vintage
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2015
- Dry Powder
-
Formation Group Fund I General Information
Description
Formation Group Fund I was a venture capital - later stage fund managed by Formation Group. The fund was located in Palo Alto, California.
Contact Information
Fund Manager's Location
- 435 Tasso Street
- Suite 315
- Palo Alto, CA 94301
- United States
Formation Group Fund I Investments (14)
Formation Group Fund I has made a total of 14 investments. Its most recent deal was a with Mimibox for . The deal was made on 12-Feb-2020.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
|---|---|---|---|---|---|---|
| Mimibox | 12-Feb-2020 | Personal Products | Generating Revenue | |||
| Cazena | 24-Jul-2018 | Business/Productivity Software | Generating Revenue | |||
| Cape Analytics | 21-Jun-2018 | Media and Information Services (B2B) | Generating Revenue | |||
| Kidaptive | 20-Feb-2018 | Educational Software | Generating Revenue | |||
| Bolt Projects Holdings | 23-Jan-2018 | Synthetic Textiles | Generating Revenue | |||
| Yello Mobile | 15-Sep-2017 | Business/Productivity Software | Generating Revenue | |||
| Ironclad | 02-Aug-2017 | Business/Productivity Software | Generating Revenue | |||
| Mimibox | 01-Nov-2016 | Personal Products | Startup | |||
| NextVR | 09-Aug-2016 | Later Stage VC (Series B) | Entertainment Software | Generating Revenue | ||
| Gojek | 04-Aug-2016 | Later Stage VC (Series C) | Other Services (B2C Non-Financial) | Generating Revenue |
Formation Group Fund I Investment Strategy
Investments by Industry
Investments by Deal Type
Formation Group Fund I Limited Partners (2)
Korea Venture Investment is one of Formation Group Fund I’s 2 limited partners. Its latest Original was on 25-Feb-2017.
| Limited Partner Name | Type | Status | Commitment | Date | Commitment Type |
|---|---|---|---|---|---|
| Korea Venture Investment | Current | 25-Feb-2017 | Original | ||
| Korea Venture Investment | Government Agency | Current | 25-Feb-2017 | Original |
Formation Group Fund I Returns Data
The below charts are illustrative of the type of graphical data available to our clients and do not represent live data.
IRR (%)
DPI (x)
RVPI (x)
TVPI (x)
Formation Group Fund I Returns History
| Period | Contribution (by all LPs) | Dry Powder | Distribution (to all LPs) | NAV | Total Fund Distr+NAV | IRR | DPI | RVPI | TVPI | Dry Powder % |
|---|
Formation Group Fund I Benchmark (49)
| Fund Name | Fund Type | Vintage | IRR | Quartile | As of Date |
|---|---|---|---|---|---|
| Cornelius Capital General Fund I | |||||
| Venrock Associates VII | 31-Dec-2021 | ||||
| Institutional Venture Partners XV | 30-Jun-2026 | ||||
| GGV Capital Select | 31-Mar-2026 | ||||
| Formation Group Fund I | |||||
| Lux Ventures IV | 31-Dec-2015 | ||||
| Redpoint Ventures VI | |||||
| Menlo Ventures XII | 31-Mar-2026 | ||||
| Emergence Capital Partners Fund IV | 31-Dec-2024 | ||||
| Tiger Global Private Investment Partners X | 31-Dec-2025 |
Formation Group Fund I FAQs
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What is Formation Group Fund I?
Formation Group Fund I was a venture capital - later stage fund managed by Formation Group.
-
Who manages Formation Group Fund I?
Formation Group Fund I is managed by Formation Group.
-
Where is Formation Group Fund I domiciled?
Formation Group Fund I is domiciled in United States.
-
What is Formation Group Fund I's size?
Formation Group Fund I has a size of $354M.
-
What type of fund is Formation Group Fund I?
The fund type of Formation Group Fund I is Venture.
-
What is the status of Formation Group Fund I?
Formation Group Fund I is liquidated.
-
What has Formation Group Fund I invested in?
Formation Group Fund I has made numerous investments in companies like Mimibox, Cazena, and Cape Analytics within the Personal Products, Business/Productivity Software, and Media and Information Services (B2B) industries.
-
What has Formation Group Fund I invested in recently?
Formation Group Fund I's latest investment was on 12-Feb-2020 in Mimibox, a company within the Personal Products industry.
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