Venture Capital in United States – Cornerstone Ventures, LP

BV-Cornerstone Ventures is a $100 million fund that invests nationwide in growth stage companies with $10 million to $50 million in revenue that are at or nearing profitability. They invest in a variety of industries, including software, business services and telecommunications services. They will only back experienced management teams and prefer companies where management has invested capital. They look for companies that are differentiated in a manner that is significant to a meaningful market segment. They generally back companies that have modest capital requirements, not exceeding $20 million, and 3 to 5 year exit plans. Finally, they seek, as part of their team, a domain expert who is looking to make an investment as well as having some level of ongoing involvement in the company. © Cornerstone Ventures, LP