
Egan-Managed Capital
Description
Egan-Managed Capital (EMC) is a Boston-based venture capital firm established by the prominent Egan family, known for founding EMC Corporation. The firm's primary objective is to support and foster the growth of promising early-stage technology companies, leveraging the deep operational expertise and extensive network of its founders. EMC focuses on identifying disruptive innovations and strong management teams, aiming to help entrepreneurs build significant and sustainable enterprises. Their investment philosophy is rooted in a hands-on approach, often taking active roles in guiding their portfolio companies through critical growth phases.
EMC primarily targets early-stage investments, typically participating in Seed and Series A rounds, though they may also engage in follow-on investments for their portfolio companies. The firm demonstrates a strong preference for companies developing enterprise software, cybersecurity solutions, cloud infrastructure, and other B2B technology innovations. They seek out businesses with scalable models and a clear path to market leadership. Beyond capital, Egan-Managed Capital provides strategic guidance, operational support, and access to a valuable ecosystem of industry contacts, helping startups navigate challenges and accelerate their development.
Over its history, Egan-Managed Capital has built a notable portfolio of successful technology companies. Among their most significant exits are Carbon Black, a cybersecurity firm acquired by VMware for an impressive $2.1 billion, and CloudHealth Technologies, a cloud management platform also acquired by VMware for approximately $500 million. Other successful investments include Veracode, Actifio, and Rapid7, demonstrating their ability to identify and nurture high-growth potential. Based on their historical investment patterns and stated preferences for initial funding, Egan-Managed Capital typically provides first cheques ranging from $500,000 to $3,000,000, reflecting their commitment to early-stage ventures.
Investor Profile
Egan-Managed Capital has backed more than 56 startups, with 0 new investments in the last 12 months alone. The firm has led 15 rounds, about 27% of its total and boasts 18 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series B, Series C, Series Unknown rounds (top funding stages).
- Majority of deals are located in United States, Canada.
- Strong thematic focus on Software, Information Technology, Enterprise Software.
- Typical check size: $500K – $3M.
Stage Focus
- Series B (36%)
- Series C (18%)
- Series Unknown (18%)
- Series A (16%)
- Series D (5%)
- Series E (4%)
- Debt Financing (2%)
- Seed (2%)
Country Focus
- United States (95%)
- Canada (5%)
Industry Focus
- Software
- Information Technology
- Enterprise Software
- Saas
- Mobile
- Advertising
- Marketing
- E-commerce Platforms
- Logistics
- Supply Chain Management
Frequently Asked Questions
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