Formation Group Overview

  • Investor Type
  • Venture Capital

  • Status
  • Active

  • Professionals
  • 3

Professionals
  • Investments
  • 15

  • Portfolio
  • 7

  • Exits
  • 6

Exits

Formation Group General Information

Description

Founded in 2015, Formation Group is a venture capital firm based in Palo Alto, California. The firm seeks to invest in the technology sector.

Contact Information

Year Founded
2015
Investor Status
Actively Seeking New Investments
Trade Association
National Venture Capital Association (NVCA)
Primary Investor Type
Venture Capital
Primary Office
  • 435 Tasso Street
  • Suite 315
  • Palo Alto, CA 94301
  • United States

Formation Group Investments (15)

Company Name Deal Date Deal Type Deal Size Industry Company Stage Lead Partner
MBX 12-Feb-2020 Later Stage VC 0000 Personal Products Generating Revenue
000000 24-Jul-2018 00000 00000 0000 Business/Productivity Software Generating Revenue
0000 000000000 21-Jun-2018 00000 00000 0000 Media and Information Services (B2B) Generating Revenue
000000000 20-Feb-2018 00000 00000 000.00 Educational Software Generating Revenue
0000 0000000 23-Jan-2018 00000 00000 00000 Synthetic Textiles Generating Revenue
00000 07-Nov-2017 00000 00000 Financial Software Generating Revenue
00000 000000 15-Sep-2017 00000 00000 0000 Business/Productivity Software Out of Business
00000000 02-Aug-2017 00000 00000 0000 Business/Productivity Software Generating Revenue
MBX 04-Nov-2016 Later Stage VC 00000 Personal Products Generating Revenue
NextVR 09-Aug-2016 Later Stage VC 0000 Entertainment Software Generating Revenue
You’re viewing 10 of 15 investments. Get the full list »

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Formation Group Exits (6)

Company Name Exit Date Exit Type Exit Size
Honestbee 26-Oct-2021 Out of Business
000000 01-Jun-2021 000000000000000000
000000000 16-Mar-2021 0000000000
000000 & 0000000 09-Oct-2020 0000000000
Yello Mobile 21-Aug-2020 Out of Business
NextVR 14-May-2020 Merger/Acquisition 00000
To view Formation Group’s complete exits history, request access »

Formation Group Investments by Industry, Year, and Region

Investments by Industry

Investments by Year

Investments by Region

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Formation Group Team (15)

Name Title Deals Funds Boards Office
Palesa Matjekane Executive Managing Director Palo Alto, CA
Lae Jang Partner Palo Alto, CA
John Lee Operating Partner Seoul, South Korea
Yoonki Hong Analyst Palo Alto, CA
You’re viewing 4 of 15 team members. Get the full list »

Formation Group Co-Investors (49)

Name With Exits Lead Partner Series Industry
Formation 8 3 0 0 Series chart Industry bar
Allen & Company 0 Series chart Industry bar
Altos Ventures 0 Series chart Industry bar
Foundation Capital 0 0 Series chart Industry bar
Silicon Valley Bank 0 Series chart Industry bar
You’re viewing 5 of 49 co-investors. Get the full list »