.406 Ventures Fund
UnclaimedAt a Glance
- Check Size
- $2M – $5M
- Stage
- Seed, Series B+
- AUM
- $1.3B
- Sectors
- Digital Health, Cybersecurity, Other
- Founded
- 2005
- HQ
- Boston, MA
About .406 Ventures Fund
.406 Ventures Fund is a venture capital firm based in Boston, MA. We gofurthertogether. We go furthertogether..406 Ventures is the partner for early-stage companies withhome run potential. We’ve been proving the value of great relationships for nearly 20 years, partnering with founders to help transform their companies into category-defining powerhouses. Companies We help buildgame-changing companies.
We partner with founders at the leading edge of healthcare, data […] The firm focuses on Seed, Series B+ investments across sectors including Digital Health, Cybersecurity, Other. Selective firm leveraging 22+ entrepreneurs-in-residence and 90+ C-suite council to provide market insights in digital health and cybersecurity.
Investment Thesis
“Selective firm leveraging 22+ entrepreneurs-in-residence and 90+ C-suite council to provide market insights in digital health and cybersecurity.”
Sector Focus
Investment Stage
Notable Portfolio Companies
Fund History
- .406 Ventures was founded in late 2005 in Boston and reports more than $1.3 billion of capital under management across 99 portfolio companies.
- Its second fund began selling in November 2010 against a $175 million offering and had taken in $95.1 million by the November 2011 amendment, signed by Lawrence Begley, Maria Cirino and Liam Donohue.
- Fund III filed a $200 million offering in April 2015 and Fund IV a $250 million offering in March 2019, both signed by Cirino and Donohue.
- Fund V, filed in April 2022 at $325 million, had sold $244.9 million by April 2023.
- The firm also runs a parallel opportunities program for later rounds in existing winners: a 2016 Opportunities Fund at $80 million, Opportunities Fund II in 2019, and Opportunities Fund III at $50 million in February 2024.
- Across the platform the mandate has stayed narrow, concentrating on cybersecurity, healthcare and data and AI companies at seed and Series A with follow-on capacity through growth rounds.
Team (1)
Frequently Asked Questions
What stage does .406 Ventures Fund invest at?
.406 Ventures Fund primarily invests at the Seed, Series B+ stages. This means they focus on companies that are building their initial product and finding product-market fit.
Where is .406 Ventures Fund located?
.406 Ventures Fund is headquartered in Boston, MA. Many of their portfolio companies are also based in this region, though they invest across geographies.
What sectors does .406 Ventures Fund focus on?
.406 Ventures Fund focuses on investments in Digital Health, Cybersecurity, Other. Their portfolio reflects deep expertise and networks within these sectors.
What is .406 Ventures Fund's typical check size?
.406 Ventures Fund's typical investment check size ranges from $2M to $5M. Actual amounts may vary based on the stage, sector, and specific opportunity.
How much does .406 Ventures Fund have under management?
.406 Ventures Fund manages approximately $1.3B in assets under management (AUM) across their funds.
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