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Egan-Managed Capital

North America, Massachusetts, United States, Boston

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
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Egan-Managed Capital frequently co-invest with?

PJC
North America, Massachusetts, United States, Boston
Co-Investments: 5
Transnational Group
Asia, Central Region, Singapore, Singapore
Co-Investments: 4
Borealis Ventures
North America, New Hampshire, United States, Hanover
Co-Investments: 5
Ascent Venture Partners
North America, Massachusetts, United States, Boston
Co-Investments: 7
Atlas Venture
North America, Massachusetts, United States, Cambridge
Co-Investments: 5
Velocity Equity Partners
North America, Massachusetts, United States, Boston
Co-Investments: 6
Kodiak Venture Partners
North America, Massachusetts, United States, Wellesley
Co-Investments: 5
MassVentures
North America, Massachusetts, United States, Boston
Co-Investments: 15
Longworth Venture Partners
North America, Massachusetts, United States, Waltham
Co-Investments: 7
JMI Equity
North America, Maryland, United States, Baltimore
Co-Investments: 6

Which angels does Egan-Managed Capital often collaborate with?

Shared Deals: 1
CL
North America, Massachusetts, United States, Boston
Shared Deals: 1
LM
North America, California, United States, San Francisco
Shared Deals: 1
DP
Europe, Islas Baleares, Spain, San Francisco
Shared Deals: 1
JC
North America, Massachusetts, United States, Boston
Shared Deals: 1
Shared Deals: 1
GC
North America, Maryland, United States, Baltimore
Shared Deals: 1
EC
North America, Maryland, United States, Baltimore
Shared Deals: 1
Eric Perez-Grovas
North America, Distrito Federal, Mexico, Miguel Hidalgo
Shared Deals: 1
ES
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Egan-Managed Capital?

Applause

Framingham, Massachusetts, United States

Applause is a crowd-sourced digital quality testing enabling companies to deliver digital experiences to their customers.

EdTechEducationFreelanceInformation TechnologyMobileSoftwareTest and Measurement
Series EJan 14, 2014
Amount Raised: $43,000,000
Acacia

Maynard, Massachusetts, United States

Acacia develops, manufactures, and sells high-speed coherent optical interconnect products.

Information TechnologyManufacturingSoftwareTelecommunicationsWeb Hosting
Series BMay 15, 2013
Amount Raised: $20,000,000
Verivo Software

Waltham, Massachusetts, United States

Verivo is an enterprise mobility platform allowing companies to centrally build, deploy, manage and update their apps securely.

Enterprise SoftwareInformation ServicesInformation TechnologySoftware
Series UnknownApr 19, 2013
Amount Raised: $4,000,000
AppNeta

Boston, Massachusetts, United States

AppNeta operates as a SaaS-based application and network performance platform.

Cloud ComputingInformation TechnologySaaSSoftware
Series CMar 1, 2013
Amount Raised: $16,000,000
WordStream

Boston, Massachusetts, United States

WordStream is SaaS company that helps small and medium businesses acquire customers via paid digital media (paid search and paid social).

AdvertisingMarketingSaaSSoftware
Series UnknownJul 30, 2012
Amount Raised: $6,000,000
OwnerIQ

Boston, Massachusetts, United States

OwnerIQ is a media technology company that provides online advertising solutions and marketing channels for retailers and manufacturers.

AdvertisingDatabaseMarketing
Series EJul 2, 2012
Amount Raised: $7,500,000
Verivo Software

Waltham, Massachusetts, United States

Verivo is an enterprise mobility platform allowing companies to centrally build, deploy, manage and update their apps securely.

Enterprise SoftwareInformation ServicesInformation TechnologySoftware
Series UnknownJan 10, 2012
Amount Raised: $17,000,000
OnePIN

Westborough, Massachusetts, United States

OnePIN delivers social address book solutions that help mobile operators increase revenue and improve customer retention.

MobileSoftwareTelecommunications
Series UnknownDec 2, 2011
Amount Raised: $900,000
PowerInbox - DynamicMail business

New York, New York, United States

PowerInbox - DynamicMail business automatically transform static email HTMLs into dynamic.

EmailSoftware
SeedOct 6, 2011
Amount Raised: $800,000
OwnerIQ

Boston, Massachusetts, United States

OwnerIQ is a media technology company that provides online advertising solutions and marketing channels for retailers and manufacturers.

AdvertisingDatabaseMarketing
Series DJun 20, 2011
Amount Raised: $7,021,000