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NewDo Venture

North America, California, United States, Palo Alto

Description

NewDo Venture is a Palo Alto, California-based early-stage venture capital firm dedicated to supporting ambitious startup companies from their initial stages through to Series A rounds. The firm emphasizes providing not only capital but also strategic resources to foster the success of its portfolio companies. With a stated mission to help founders navigate the critical early phases of growth, NewDo Venture positions itself as a hands-on partner in the Silicon Valley ecosystem.

The firm primarily targets investments in the Seed to Series A stages, demonstrating a broad interest across various technology sectors. Its portfolio reflects a diverse range of industries, including artificial intelligence, Software-as-a-Service (SaaS), biotechnology, and consumer technology. NewDo Venture's commitment to early-stage companies is underscored by its first disclosed fund, NewDo Venture I, which successfully closed at $20 million. This fund has enabled the firm to build a substantial portfolio, having made over 50 investments to date, and notably leading 19 of those funding rounds.

NewDo Venture has a track record of identifying promising startups and contributing to their growth. Its portfolio includes companies that have achieved significant milestones, such as successful exits. For instance, NewDo Venture was an early investor in DeepMotion, which was later acquired by ByteDance, and OneSignal, which was acquired by Signal Messaging. These exits highlight the firm's ability to back companies that can achieve strategic acquisitions. Beyond capital, NewDo Venture aims to leverage its network and expertise to provide operational guidance and strategic support, helping founders overcome challenges inherent in the startup journey.

Investor Profile

NewDo Venture has backed more than 38 startups, with 0 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 6 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Convertible Note rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom.
  • Strong thematic focus on Software, Information Technology, SaaS.
  • Typical check size: $250K – $2M.

Stage Focus

  • Seed (74%)
  • Series A (11%)
  • Convertible Note (8%)
  • Pre Seed (5%)
  • Initial Coin Offering (3%)

Country Focus

  • United States (97%)
  • United Kingdom (3%)

Industry Focus

  • Software
  • Information Technology
  • Saas
  • Enterprise Software
  • Artificial Intelligence (Ai)
  • Big Data
  • Machine Learning
  • Internet
  • Mobile
  • Cloud Computing
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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 NewDo Venture frequently co-invest with?

NFX
North America, California, United States, San Francisco
Co-Investments: 3
Transmedia Capital
North America, California, United States, San Francisco
Co-Investments: 3
Zillionize
North America, California, United States, Palo Alto
Co-Investments: 4
UpHonest Capital
North America, California, United States, Palo Alto
Co-Investments: 6
New Enterprise Associates
North America, California, United States, Menlo Park
Co-Investments: 2
IV
North America, California, United States, San Francisco
Co-Investments: 3
Liquid 2 Ventures
North America, California, United States, San Francisco
Co-Investments: 7
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 9
SV Angel
North America, California, United States, San Francisco
Co-Investments: 3
Pi Campus
Europe, Lazio, Italy, Rome
Co-Investments: 3

Which angels does NewDo Venture often collaborate with?

WG
North America, California, United States, San Francisco
Shared Deals: 6
MS
North America, California, United States, San Francisco
Shared Deals: 1
Shared Deals: 1
AB
North America, Florida, United States, Miami
Shared Deals: 1
BF
North America, California, United States, San Francisco
Shared Deals: 2
JS
North America, Wyoming, United States, Cheyenne
Shared Deals: 2
Shared Deals: 1
Juha Paananen
Asia, Singapore
Shared Deals: 2
MC
North America, Texas, United States, Dallas
Shared Deals: 1
IA
North America, California, United States, San Francisco
Shared Deals: 3

What are some of recent deals done by NewDo Venture?

Fondo

San Francisco, California, United States

Fondo helps with bookkeeping and beyond so founders can grow their businesses with more resources.

AccountingBusiness DevelopmentProductivity Tools
Pre SeedFeb 13, 2023
Amount Raised: $1,200,000
Entry

San Francisco, California, United States

Biometric sign in and identity verification platform

Software
SeedMar 21, 2021
Sugar

Los Angeles, California, United States

Sugar builds community and transforms the residential experience by integrating with technology stacks that power modern buildings.

HospitalityInformation TechnologyProperty ManagementReal EstateSoftware
Pre SeedAug 1, 2019
Amount Raised: $950,000
Mighty Buildings

Oakland, California, United States

Mighty Buildings specializes in 3D printing and automation to produce sustainable and innovative housing solutions.

3D PrintingBuilding MaterialCADConstructionSustainability
SeedMar 1, 2019
Amount Raised: $4,000,000
Firefly

San Francisco, California, United States

Firefly is a mobility based advertising and data platform that allows rideshare drivers to make money through digital advertising.

Advertising PlatformsInformation TechnologySmart Cities
SeedDec 6, 2018
Amount Raised: $21,500,000
Jerry

Palo Alto, California, United States

Jerry is America's first AllCar™ app. Drivers compare car insurance policies, loans, and repair costs, and get rewarded for safe driving.

Artificial Intelligence (AI)Auto InsuranceInsuranceInsurTech
Series AOct 18, 2018
Amount Raised: $9,000,000
Spellbrush

San Francisco, California, United States

Spellbrush is an illustration platform that enables artists, illustrators, and animators to complete projects more quickly.

Information TechnologySoftware
SeedAug 5, 2018
Amount Raised: $120,000
VENA Network

Brooklyn, New York, United States

Cryptocurrency decentralized digital asset financing and exchange network.

SeedJun 1, 2018
Haiku

San Francisco, California, United States

Haiku creates collaboration tools for creators of software: designers, developers, and teams.

CollaborationDeveloper ToolsEnterprise SoftwareProduct DesignSoftware
SeedApr 18, 2018
Amount Raised: $3,000,000
Basis

Hoboken, New Jersey, United States

Basis is a price-stable cryptocurrency with an algorithmic central bank.

CryptocurrencyFinancial ServicesFinTech
Initial Coin OfferingApr 18, 2018
Amount Raised: $133,000,000