VALHALLA PARTNERS

Thesis

Valhalla Partners is a venture capital firm established in 2002, headquartered in Vienna, Virginia. The firm primarily focuses on technology companies, with a particular emphasis on software, cloud computing, internet, digital media, IT services, storage-based businesses, mobile, mobile marketing, and networking. Valhalla Partners invests across various stages, from seed to growth, and has a preference for US-based startups. The firm's geographic scope is primarily the United States, with a specific mention of the Mid-Atlantic region. Valhalla Partners often takes a lead role in investment rounds, with an average investment range of $500,000 to $20 million, and a sweet spot check size of $500,000. Their investment criteria include companies with market sizes of $1 billion or more. Their partners' past investments have led to 47 M&As and 22 IPOs, generating over $1.2 billion in investment proceeds. Valhalla Partners employs a rigorous due-diligence process, which involves a thorough investigation of a company's affairs, including an analysis of strengths, competition, market conditions, and close collaboration with management. Valhalla Partners manages two private funds: Valhalla Partners I, L.P. and Valhalla Partners II, L.P. As of recent reports, the firm has approximately $440 million in assets under management (AUM). Another source indicates their total AUM is less than $150 million. Valhalla Partners II, L.P., established in 2006, had a fund size of $260 million.