El Dorado Ventures
Founded in 1986, El Dorado Ventures is a venture capital partnership that invests across the technology sector and focuses primarily on datacenters & cloud computing, consumer internet, cleantech, communications, software and services. El Dorado Ventures typically invests at the early stage of a company's development. In some cases, the firm will consider investments in companies that have made further progress than a 'typical Series A.' While initial investments takes place at the early stage, El Dorado reserves sufficient capital to be a major investor in each portfolio company as it grows and raises subsequent financing rounds. El Dorado makes an average of six investments per year with its seed round investments ranging between $250,000 and $1 million, and its Series A financings typically ranging between $3 million and $5 million. In addition to California, the firm makes investments in the mid-U.S., particularly in Minnesota and Texas.