Uncork Capital
San Francisco, California
SoftTech VC is a seed stage venture capital firm, started in 2004, and operated by Jeff Clavier, one of the most active Web 2.0 angel investors. Mr. Clavier put together Fund II during the summer of 2007 and announced it in September 2007. Mr. Clavier's goal with Fund II was to invest in about 20 companies per year, as a lead, co-lead or member of a syndicate, investing $100K to $5000K without a specific target in percentage of ownership. Round size would range $500K to $1.5M, and would include typically one to three other seed firms, a number of individual angels and in some cases traditional VCs investing directly from their main fund or through a seed vehicle. Since August 2007, SoftTech VC II has invested in 60+ early stage startups, pretty much keeping up with the stated objective of 20 companies per year. Similar to Fund I, Fund II had a number of early stage exits, and has seen significant follow-on activity with 29 companies raising over $170M in additional financing to date. In 2011, a $35M successor fund made its debut. This fund targets an average initial 'bite size' of $400K, ranging from $250K to $750K - with selective follow-on reserves, with an initial ownership target of 5% - and 10%. June 2014 the firm announced the closing of SoftTech VC IV, an $85 million venture capital fund. The fund is a substantial boost in size from SoftTech VC's $55 million third fund that was raised in 2011. Like its predecessor funds, this fund focuses on seed stage opportunities in B2B and B2C technology startups. the Fund IV is to take larger stakes in portfolio companies and to have the resources to follow-on in subsequent rounds. The fund's strategy is to make initial investments of $500,000 to $1 million, with the goal of owning a 7-10% ownership stake. The fund plans to invest about $35 million in 50 companies over 3 years, leaving $50 million earmarked for follow-ons. The geographic mix is expected to mirror the current roster of active portfolio companies, of which 80% are located in San Francisco/Silicon Valley, and New York, Boulder, Southern California, and Toronto-Waterloo forming the balance. June of 2016, SoftTech VC raised $100 million for its fifth seed stage venture fund and $50 million for its opportunity fund. SoftTech VC V will focus on backing about 40 startups over three years in sectors that include SaaS/b2b, connected devices and monetized consumer services while SoftTech VC Plus will target specific growth stage investments across previous SoftTech VC funds.
Firm Location:San Francisco, California
Investor Firms That Co-Invest with Uncork Capital
TandemSeedcampGreycroftEmergence CapitalA CapitalSlow VenturesRivet VenturesBrainchildAngelList SyndicatorMayfieldiNovia CapitalPlug & Play VenturesPrecursor VenturesGreylockCaffeinated CapitalInterWestAudrey CapitalGSV AccelerationGlobal Innovation FundUprisingSOSVScout VenturesEnd PartnersCostanoa VenturesO'Reilly AlphaTech VenturesHubrix VenturesMenlo VenturesLux CapitalDFJAugust CapitalGreat Oaks Venture CapitalGovTech FundTrue VenturesBloomberg BETAGraph VenturesUpside PartnershipPolaris PartnersK9 VenturesJavelin Venture PartnersFoundation CapitalCITG CapitalWebb Investment NetworkPropel Venture PartnersGeneral CatalystBowery CapitalSpark CapitalShasta VenturesNokia Growth PartnersBlumberg CapitalRREY CombinatorTechstarsTeam Builder VenturesSherpa VenturesLightbankSocial CapitalCross Culture VenturesZelkova VenturesTransmedia CapitalMorado Venture PartnersBessemer Venture PartnersIA VenturesInvestus Capital PartnersSocial LeverageRelay VenturesData CollectiveFounder CollectiveUSVPUpfront VenturesRaine VenturesStreamlined VenturesJude Gomila Rolling FundBoxGroupArrowroot AdvisorsInitialized CapitalAngelPadLowercase CapitalIntel CapitalQuiet CapitalWestern Technology InvestmentPro Founders CapitalA-GradeVertex VenturesCowboy VenturesPearNFXLaunch CapitalSignalFireKapor CapitalUnion Square VenturesFirst Round CapitalHarrison MetalFounders FundHydrazine CapitalSV AngelHuman Augmentation SyndicateFika VenturesL2 VCInspiration VCIndicator VenturesVayner RSERoot.VCHaystackCRVDG IncubationInReach VenturesOutlier VenturesSpero VenturesGVTod and Auren Growth SyndicateHack VCKima VenturesPartech VenturesJumpCloudGotham Gal VenturesLumia CapitalLightspeed Venture PartnersCanaan PartnersCrosslink CapitalCraft VenturesCatapult CapitalBling CapitalTest Kitchen CapitalKepler VenturesaCrew CapitalIDEO CoLab VenturesRenegade Partners8-Bit CapitalHauser VenturesKleiner Perkins Caufield & Byers10100Winklevoss CapitalVenrock VenturesTribe CapitalScienceSaturn PartnersGGV CapitalAccel PartnersObvious VenturesThe FundOutlander LabsAndreessen HorowitzMoment VenturesFreestyle CapitalXfundSequoia CapitalSapphire VenturesSusa VenturesLemnos LabsFelicis VenturesMatrix PartnersBonfire VenturesENIAC VenturesMaveronAutoTech VenturesElefundRidge VenturesFoundry GroupCorrelation VenturesTrinity VenturesAMASIAMerus CapitalLocalGlobeFounders' Co-opAngular VenturesMadrona Venture GroupBase10 Partners2048 Ventures
Uncork Capital Team
Photo of Jeff Clavier, Managing Partner at Uncork Capital
Photo of Jeff Clavier, Managing Partner at Uncork Capital
Jeff Clavier
Uncork Capital·Managing Partner
Sweet spot: $1M
Range: $750K - $1.5M
Investors in Canada, Investors in SF Bay Area (CA), Investors in New York (NY), Investors in Boston / New England
Investors in AI, Investors in Cloud infrastructure, Investors in Developer tools, Investors in Hardware, Investors in Health IT, Investors in IoT, Investors in Marketplaces, Investors in SaaS, Investors in San Francisco Bay Area (Other Lists), Investors in Investors who invested in female founders (Other Lists)
Photo of Andy McLoughlin, Partner at Uncork Capital
Photo of Andy McLoughlin, Partner at Uncork Capital
Andy McLoughlin
Sweet spot: $1M
Range: $600K - $1.5M
Investors in Austin (TX), Investors in San Francisco (CA), Investors in New York (NY), Investors in Boston (MA), Investors in Los Angeles (CA), Investors in Toronto (Ontario), Investors in Seattle (WA), Investors in Utah
Investors in AI, Investors in Cloud infrastructure, Investors in Developer tools, Investors in Enterprise, Investors in Manufacturing, Investors in Marketplaces, Investors in SaaS, Investors in Sales and CRM, Investors in San Francisco Bay Area (Other Lists), Investors in SMB software, Investors in Investors who invested in diverse founders (Other Lists), Investors in Investors who invested in female founders (Other Lists), Investors in Investors who were founders (Other Lists)
Photo of Stephanie Palmeri, Partner at Uncork Capital
Photo of Stephanie Palmeri, Partner at Uncork Capital
Stephanie Palmeri
Sweet spot: $900K
Range: $500K - $1.5M
Investors in Canada, Investors in San Francisco (CA), Investors in Los Angeles (CA), Investors in New York (NY), Investors in Boston (MA), Investors in Boulder (CO), Investors in Toronto (Ontario)