What kind of companies does Empire finance?
Empire
focuses on next generation technology companies, particularly
in enterprise software and network infrastructure industries
located in the Pacific Northwest and Silicon Valley. We look for startups with the
potential to become what we term a platform company - a
dominant player in a strategic space able to leverage its
leadership position into related areas. We find platform
companies to be prolific builders of value. Our experiences
and relationships with these companies in turn enable Empire
to deliver unsurpassed value to subsequent investments.
Some examples of industry sub-sectors we seek to invest in
are:
-
Collaboration & Communication
- Wireless
Applications & Infrastructure
- Network
Processing
- Embedded
Systems
- Information
Management
- Data Storage
- Content
Management
- Cross
Enterprise Applications
|
- Network
Management
-
Infrastructure Virtualization
- Security
Solutions
- Real Time
Internet
- Data Center
Management
- Web Services
- Application
Integration
- Analytics
and Business Intelligence
|
At what stage does
Empire invest?
Though we typically invest at the seed stage or in the first
round of institutional investment, Empire also selectively
invests in the second round, depending on the level of
opportunity and our ability to add value.
What is the typical size of an Empire
investment?
There is no set rule on investment size. We look to
invest as little as $50,000 to seed-fund a project, to more
than $7.5 million in larger developing companies. Empire
typically plays a substantial role in its financings, serving
as the lead or co-lead in many of the investments.
How do I contact Empire about investing
in my company?
The best way to approach Empire is through someone with whom
we already have a relationship. It might be a contact at
Empire itself, or someone who is part of our network - an
executive at one of our portfolio companies, a recruiter, a
lawyer, an accountant, etc. We believe that there are
far fewer than six degrees of separation between the right
business plan and Empire.
If you
are unable to come up with a mutual point of contact, you may
e-mail a copy of the executive summary to
plans@empireventures.com
or send a hard copy to one of the following
address. However, a reference from a trusted source is a much
more effective approach.
What is Empire's evaluation process for
potential investments?
Though our decision process can last anywhere from several
hours to several months, depending on the nature of the
opportunity, a time frame of three to six weeks is most
common. A company can expect to make two or three
presentations to the Empire team as the opportunity is being
evaluated. Members of the Empire team who are most
involved in the relevant practice area drive the process, but
everyone at Empire is exposed to the company during the
evaluation. In addition to direct presentations, product
demonstrations and a business plan review, Empire places
considerable weight on reference checks for both the company
(customers and/or partners) and the entrepreneurs.
We also strongly believe that the investment evaluation
process is bi-directional. We are evaluating a potential
investment opportunity, and the entrepreneur is evaluating a
potential venture partner. Personal chemistry, relevant
previous experiences and relationships, and a shared passion
for the company vision are all important components of the
investment decision, for both the entrepreneur and Empire.
We encourage entrepreneurs to do as much homework on us as we
do on them.
What involvement does Empire have
post-investment?
Empire
typically takes an active role in the companies it funds,
assisting with recruiting, strategy, partnerships, technology
and future financing. We believe in a team approach.
A company might have one or two Empire partners on its board
of directors, but each of us works to make that company
successful. We also believe that when a company works
with Empire, it works with the entire Empire family. The
Empire network includes portfolio companies, strategic
partners and service firms. We work hard to make this
network a vibrant and interactive community, available and
valuable to all members. |