Global InformationXfund information
 | |
| Formation | January 27, 2012 in Cambridge, Massachusetts as The Experiment Fund |
|---|---|
| Founders | Patrick Chung, Hugo Van Vuuren[1][2] |
| Type | Private |
| Headquarters | Cambridge, Massachusetts and Palo Alto, California, United States |
| Services | Early stage venture capital |
| Fields | Consumer technology Enterprise technology Healthcare |
Key people | Patrick Chung Brandon Farwell |
| Website | xfund |
Xfund is an American venture capital firm with offices in Palo Alto, California and Cambridge, Massachusetts.[3] It provides early-stage venture capital to entrepreneurs across multiple disciplines.[4][5] Xfund was founded as the Experiment Fund in 2012 as a partnership between the venture capital companies New Enterprise Associates, Accel Partners, Breyer Capital, and Polaris Partners.[6][5][7] Anchored at Harvard University’s School of Engineering and Applied Sciences (SEAS), it was established to make seed-stage investments in startups developed at Harvard and MIT,[6][5][7] although the fund has been open to all founders regardless of university affiliation from the start.[8] In 2014 the fund formally renamed itself Xfund (an abbreviation of "Experiment Fund"), and raised $100 million in a second fund, Xfund 2.[6][5][7] A third fund in 2020 raised $120 million.[9][10] The first investor in most of its portfolio companies,[10] Xfund's partners have invested companies such as 23andMe, Kensho,[4][5] Gusto, Plaid, Robinhood, Patreon, Andela,[11][12] and Philo.[13]
- ^ Cite error: The named reference
ref8was invoked but never defined (see the help page). - ^ Cite error: The named reference
axioswas invoked but never defined (see the help page). - ^ "Xfund Contact". Retrieved December 6, 2017.
- ^ a b Anders, George (September 28, 2015). "These VCs Bet $100 Million On Ideas With A Liberal Arts Twist". Forbes. Retrieved 3 December 2017.
- ^ a b c d e Benner, Katie (May 6, 2016). "Infighting Threatens to Fell a Venture Capital Firm". New York Times. Retrieved 21 November 2017.
- ^ a b c Farrell, Michael B. (September 9, 2013). "Harvard makes space for venture capitalist". The Boston Globe. Retrieved 20 November 2017.
- ^ a b c Hempel, Jessi (November 8, 2017). "The Inside Story of Venture Capital's Messiest Breakup". Wired. Retrieved 21 November 2017.
- ^ Cite error: The named reference
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ref13was invoked but never defined (see the help page). - ^ a b Cite error: The named reference
ref14was invoked but never defined (see the help page). - ^ Portfolio, XFund, retrieved 25 February 2021
- ^ Founder Series: Launching a Startup and Raising Capital during the Pandemic with Xfund, XFund, retrieved 25 February 2021
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