Binary Capital

Binary Capital
Limited liability company
Industry Venture capital
Founded 2014
Headquarters San Francisco, California, United States
Total assets $300 Million
Website www.binarycap.com

Binary Capital is an early stage venture capital firm based in San Francisco. Binary Capital was founded in 2014 by Jonathan Teo[1][2] and Justin Caldbeck[3] and focuses on early stage consumer technology companies.[4] The founders' previous investment experience includes roles at General Catalyst Partners, Benchmark Capital, Lightspeed Venture Partners, and Bain Capital Ventures.

The firm has a total of over $300 million under management. Binary's first fund manages $125 million. Their second fund was recently announced and will manage $175 million.[5][6][7][8]

Binary’s founding partners got behind Tinder at 12,000 active users, Snapchat at 120,000, and Instagram at 220,000 users.[9]

Notable investments

References

  1. ↑ https://www.weforum.org/people/jonathan-teo/
  2. ↑ http://www.forbes.com/sites/alextaub/2013/08/08/batting-practice-learning-to-hit-homeruns-with-jonathan-teo/#45de45c43e71
  3. ↑ http://www.bloomberg.com/research/stocks/private/person.asp?personId=30693262&privcapId=269314883
  4. ↑ http://dealbook.nytimes.com/2014/07/28/new-venture-fund-binary-capital-focuses-on-mission-not-just-metrics/
  5. ↑ http://www.binarycap.com/
  6. ↑ https://www.crunchbase.com/organization/binary-capital#/entity
  7. ↑ https://techcrunch.com/2016/08/01/binary-capital/
  8. ↑ http://www.wsj.com/articles/startups-try-to-spread-outside-of-silicon-valley-1468209662
  9. ↑ https://techcrunch.com/2016/08/01/binary-capital/
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