Flight VC - The Israel Syndicate

www.flight.vc

Foreign Angel Club/ Group

Acquired by 10X Capital

Tech Verticals Preferences

AdTech, Bitcoin, Blockchain, Digital Media, e-Commerce, Enterprise Applications, Entertainment, FinTech, Internet Applications, Mobile Applications, SaaS, Social Networks

General Data

Established	2014
Current Active Portfolio Companies:	2

DESCRIPTION

Flight.VC is a federation of 23 AngelList Syndicates across verticals including SaaS, AdTech, Bitcoin, Fintech and others, as well as across geographies including Canada, the U.K. and Israel. Flight has 3000 backers across it’s syndicates.

REMARKS

Date	Remark
01/07/2021	Flight.VC has been acquired and will be managed by 10X Capital and operated in partnership with Gaingels. Previously, it was under the supervision of Gil Penchina.

CONTACT INFO

Expand / Collapse All

Main Address: San Francisco, United States

Address	Suite 150, 665 Third St.
City	San Francisco
State/Province	CA
Country	United States
Zip	94107

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title	Previous Position
Mr. Gil Penchina	Co-Founder
Mr. Lou Kerner	Co-Founder	The Social Internet Fund (Managing Partner & Founder)

Mergers & Acquisitions

Round

Date

Stage

Amount

Valuation

Acquired

Jul. 01, 2021

abCDe

Investment Data

Managed Capital	abCDe
Capital Remarks	Flight.VC invests in all stages from seed untill pre-IPO.

Preferences

Maximum investments	$3m
Minimum investments	$0.1m
Type of Financing	Equity
Stage Preferences	Initial Revenues,R&D,Revenue Growth,Seed

SECTOR SEGMENTATION (By Number Of Companies)

Enterprise Software & Infrastructure

100%

	PORTFOLIO COMPANIES

Current Portfolio Companies (2)

Company Name

Sector

Round/Deal Type

Date Announced

Investor Amount

Total Deal Amount

Remarks

Aurora

Ent. SW

Series C	07/07/2022	N/A	$63m
Series B	22/09/2020	N/A	$23m
Series A	11/07/2018	N/A	$8.4m
Seed	30/11/2017	N/A	$2.7m

Segmanta

Ent. SW

Seed

01/05/2015

$0.1m

$0.35m

Historic Portfolio (2)

Company Name

Sector

Round/Deal Type

Date Announced

Investor Amount

Total Deal Amount

Remarks

PhraseTech

Ceased to Operate

Ent. SW

Series A

18/12/2015

$0.2m

N/A

SCAILIUM

Ceased to Operate

Ent. SW

Series C	12/09/2023	N/A	$45m
Series B	07/02/2018	N/A	$26.4m
Series A	03/06/2015	N/A	$9.3m

Last Updated:	abCDe
IVC Number:	abCDe