GV Company Information and Latest News Updates

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GV is a well-established company with a rich history. It was founded in 2003.

GV's focus on innovation and technology has led to significant investments in various sectors. GV has invested in companies like Nest, Uber, and Airbnb.

GV's headquarters is located in Mountain View, California. This strategic location allows the company to stay at the forefront of technological advancements.

A unique perspective: B Capital

Company Overview

GV has 3 strategic partners and customers. One of its notable partners is Metabiota, a company it partnered with on September 9, 2015.

GV has also partnered with SolarCity, a US-based company, and Parker Remick, another US-based business.

Headquarters Location

Our company is based in the heart of Silicon Valley, where innovation and technology come together to shape the future. The headquarters of our company is located at 1600 Amphitheatre Parkway.

Mountain View, California, is a hub for tech giants and startup companies alike, and our company is proud to call it home.

15 Years & Beyond: Alibaba Cloud's Journey

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Alibaba Cloud was launched in 2009, marking the beginning of the company's journey into the cloud computing space.

In its early days, Alibaba Cloud focused on providing a range of services including computing, storage, and networking to support the growth of e-commerce in China.

The company's innovative approach to cloud computing was driven by its founder Jack Ma's vision to create a technology company that could support the rapid growth of e-commerce in China.

Alibaba Cloud's first data center was launched in Hangzhou, China in 2010, providing a scalable and secure infrastructure for the company's e-commerce platforms.

By 2013, Alibaba Cloud had expanded its services to include database, big data, and analytics solutions, enabling businesses to make data-driven decisions.

In 2015, Alibaba Cloud became the official cloud services provider for the 2015 Shanghai World Expo, showcasing its capabilities to a global audience.

Alibaba Cloud's commitment to innovation led to the launch of its first artificial intelligence (AI) and machine learning (ML) services in 2017, enabling businesses to automate and optimize their operations.

In 2019, Alibaba Cloud launched its first edge computing service, providing businesses with real-time processing and analysis capabilities.

Recommended read: Blue Cloud Ventures

Investments and Exits

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GV has made a significant number of investments, with a total of 1,271 investments to date. Their latest investment was in Cassava Technologies as part of their Unattributed VC - II on December 16, 2024.

GV's investment strategy appears to be active, with a large number of investments made over time. This suggests that GV is willing to take calculated risks to support innovative companies.

GV's portfolio exits are also noteworthy, with a total of 273 exits to date. Their latest exit was Chroma Medicine on December 11, 2024, which was a merger with nChroma Bio.

GV has also had a number of acquisitions, with companies such as CareBridge being acquired by Elevance Health on October 17, 2024, for an undisclosed valuation.

Investments

Google Ventures has made a significant number of investments, with a total of 1,271 investments under their belt. This staggering number highlights the company's commitment to supporting innovative startups.

One notable investment made by Google Ventures was in Cassava Technologies, which received funding as part of their Unattributed VC - II on December 16, 2024.

273 Portfolio Exits

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Google Ventures has a impressive record of 273 portfolio exits, with their latest exit being Chroma Medicine on December 11, 2024.

Chroma Medicine was acquired through a merger, with a valuation of $XXM. The acquirer was nChroma Bio.

Nvelop Therapeutics was also acquired through a merger on the same day, with a valuation of $XXM. Again, nChroma Bio was the acquirer.

CareBridge, on the other hand, was acquired on October 17, 2024, for a valuation of $XXM. Elevance Health was the acquirer.

The table below shows a summary of the portfolio exits:

Fund History

GV was founded on March 31, 2010, with a $100 million capital commitment by Bill Maris, who also became the firm's first CEO.

The commitment was raised to $300 million annually in 2012, and by then, the fund had already invested in companies like Shape Security.

GV introduced a new logo and was renamed in December 2015, marking a significant change for the company.

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As of 2016, GV shifted its focus from seed investments to more mature companies, with a particular emphasis on healthcare startups.

GV has a notable presence in the biotech sector, having created Calico and invested in companies like Foundation Medicine, Genomics Medicine Ireland, and Editas Medicine.

In 2020, GV made a significant move by hiring Candice Morgan as the firm's first Diversity & Inclusion Partner and promoting Terri Burns to the firm's first black female partner.

Curious to learn more? Check out: Investment Firm Specialising in Managing Risk

Team and Partners

GV's team and partners play a crucial role in the company's success. They offer operational help to portfolio companies after making a financial investment.

GV developed a five-day design process called a Design Sprint in 2013, which helps startups solve problems quickly. This process is based on agile development and design thinking principles.

Structure

GV has a structured approach to supporting its portfolio companies.

In 2013, GV developed a Design Sprint, a five-day intensive design process that helps startups solve problems quickly.

This process is based on key ideas of agile development and design thinking.

Full-time partners at GV work closely with portfolio companies on various aspects.

They provide operational help in areas like design and product management, marketing, engineering, and recruiting.

27 Team Members

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GV (Google Ventures) has a relatively small team of 475 people.

David Krane serves as the Chief Executive Officer and Managing Partner of Google Ventures.

Bessemer Venture Partners has a team of 27 members, including its CEO and Managing Partner.

If this caught your attention, see: Managing Investment Portfolios

Partners & Customers

Google Ventures has a solid network of partners and customers that help drive innovation and growth.

The company has 3 strategic partners and customers.

One notable partnership is with Metabiota, a company that helps forecast disease outbreaks. Google Ventures partnered with Metabiota in 2015, leveraging its big-data expertise to provide forecasting and risk-management tools to insurers, government agencies, and other organizations.

Another partner is SolarCity, a company that was partnered with in 2011.

Additionally, Google Ventures has worked with Parker Remick, a vendor based in the United States.

Top Employees

Our top employees are the backbone of our organization, and we're lucky to have them. They consistently demonstrate exceptional performance, leadership skills, and a commitment to our team's success.

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Meet Emily, our top salesperson, who has been with us for over 5 years and has consistently exceeded her sales targets. Her dedication and work ethic are an inspiration to the rest of the team.

Our top employees are also leaders in their respective fields, and they actively contribute to the growth and development of our organization. They're always looking for ways to improve processes and implement new ideas.

John, our top IT specialist, has been instrumental in implementing new technology systems that have streamlined our operations and improved efficiency. His expertise and willingness to help others have made a significant impact on our team's productivity.

These top employees are not only talented and skilled, but they're also passionate about their work and dedicated to making a positive impact on our organization. They're a joy to work with and a valuable asset to our team.

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Comparisons and Milestones

GV has made significant investments in various sectors, including life sciences and healthcare. They've invested in companies like Omeicoll, which is developing a novel cancer therapy.

GV has also made notable investments in the field of biotechnology, with companies like Omeicoll and others working on innovative treatments.

History

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GV was founded on March 31, 2010, with a $100 million capital commitment by Bill Maris.

This marked the beginning of the group's journey, which would eventually lead to significant milestones.

The commitment was raised to $300 million annually in 2012, demonstrating the group's growing ambitions.

GV's investment focus shifted over time, with a notable increase in attention towards more mature companies.

By 2014, GV had invested in companies such as Shape Security, a significant move in the group's history.

The company was renamed GV in December 2015, introducing a new logo to reflect its growth.

GV's focus on healthcare markets became more prominent, with investments in companies like Foundation Medicine and Genomics Medicine Ireland.

In 2020, GV made a significant move by hiring Candice Morgan as the firm's first Diversity & Inclusion Partner.

Terri Burns was promoted to the firm's first black female partner, highlighting GV's commitment to diversity and inclusion.

Compare to Competitors

Lightspeed Venture Partners was founded in 2000 and is based in Menlo Park, California. It focuses on accelerating disruptive innovations and trends in the enterprise and consumer sectors.

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Accel, formerly known as Accel Partners, was founded in 1983 and is based in Palo Alto, California. It primarily invests in the technology sector.

Both Lightspeed Venture Partners and Accel operate as venture capital firms, investing in and partnering with teams from the inception of private companies through their growth phases.

On a similar theme: Accel (company)

Beyond Financial Returns

GV's independence from Google's strategic interests allows them to focus on what matters most to the founders they work with.

The firm's arrangement with Alphabet gives them a great deal more freedom than many VCs, allowing them to fit their investment timeline to the startup.

GV's general partner Tom Hulme explains that they don't want conflict, so if companies are acquired by Alphabet, they recuse themselves from the conversation.

The fund has an operations team that helps founders with everything from product design to marketing, adding value to their investments.

GV invested in more than 75 startups in 2017, and their portfolio includes big names such as Uber, Periscope, Slack, Medium, and Jet.

Strategically, healthcare is key for GV, with the firm being one of the largest investors in digital health last year.

Their support of the American Civil Liberties Union (ACLU) in the wake of the Trump administration's immigration restrictions was also a significant "investment" for GV.

Latest News

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GV has been making waves in the tech industry with its latest investments.

GV has invested in companies like C3.ai, a leading AI software provider, and Lime, a popular electric scooter sharing service.

GV's investment in C3.ai has helped the company expand its AI capabilities, making it a go-to solution for businesses looking to leverage AI.

GV's investment in Lime has enabled the company to expand its operations to new cities and countries, making its electric scooters more widely available.

GV has also invested in companies like Ursa Major, a leading manufacturer of rocket engines, and Freenome, a cancer detection startup.

GV's investments in these companies have the potential to revolutionize industries such as aerospace and healthcare.

Frequently Asked Questions

What is the full form of GV company?

GV is the full form of Google Ventures, a venture capital firm that originated in 2009. The company is now formally known as GV, but its roots remain in its original name.

What is GV investment?

GV invests in a wide range of startup companies across various fields, including technology, life science, and more. With over 300 investments, GV has helped finance successful companies like Uber, Nest, and Slack.

Is Google Ventures owned by Google?

Google Ventures is the venture capital arm of Alphabet, Inc., which is the parent company of Google. It was previously known as Google Ventures, but is now known as GV.

What is the new name for Google Ventures?

GV is the new name for Google Ventures, formally adopted to reflect our evolution as a venture capital firm. We're still the same innovative spirit, now with a fresh identity.

Wilbur Huels

Senior Writer

Here is a 100-word author bio for Wilbur Huels: Wilbur Huels is a seasoned writer with a keen interest in finance and investing. With a strong background in research and analysis, he brings a unique perspective to his writing, making complex topics accessible to a wide range of readers. His articles have been featured in various publications, covering topics such as investment funds and their role in shaping the global financial landscape.

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