Investment Criteria |
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Sorrento
Ventures focuses on high growth technology businesses in Southern California
with great management teams that can grow to $50 million in revenues within
five years. We typically provide between $1,000,000 to $2,000,000 in growth
capital in our first investment round and an aggregate of $5,000,000 to
$10,000,000 through the life cycle of our emerging growth companies. Our
initial investment in a portfolio company typically occurs after a management
team has proven its ability to raise equity financing from third parties
and has demonstrated a market demand for its product or service. Our initial
investment is typically in the Series A or Series B preferred round in
which we often act as a lead investor bringing in additional financing
from institutional investors. For capital intensive businesses, we typically
participate in an investment syndicate led by another venture firm. While
we will consider any exciting investment opportunity, we particularly
focus on the following industry sectors: |