Formation Group Overview
- Investor Type
-
Venture Capital
- Status
-
Active
- Professionals
-
3
- Investments
-
15
- Portfolio
-
7
- Exits
-
6
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
Website
www.formationgroup.com
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 |
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 |
Formation Group Investments by Industry, Year, and Region
Investments by Industry
Investments by Year
Investments by Region
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 |
Formation Group Co-Investors (49)
| Name | With | Exits | Lead Partner | Series | Industry |
|---|---|---|---|---|---|
| Formation 8 | 3 | 0 | 0 |
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| Allen & Company | 0 |
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| Altos Ventures | 0 |
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| Foundation Capital | 0 | 0 |
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| Silicon Valley Bank | 0 |
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