ABOUT US | Garage Technology Ventures
WHO WE ARE
GARAGE TECHNOLOGY VENTURES is a seed-stage and early-stage venture capital fund. We invest in entrepreneurial teams seeking to transform big ideas into game-changing companies.
We invest in unproven teams attacking unproven markets with unproven solutions. We’re not interested in teams creating the nth solution to the same old problem nor companies trying to improve things by only 10 or 20 percent.
OUR INVESTMENT APPROACH
We take a hands-on approach with entrepreneurs, working with them every step of the way to ensure their success. They are our partners, our customers, and our lifeline. They are our number one priority.
The characteristics of the companies we invest in are:
- Sectors: Software, services, clean technology, and material sciences (not life sciences)
- Funding: Seeking seed or early investments from $500,000 to $3,000,000
- Geography: California or Western US based
- Business model: Requiring less than $5,000,000 to reach break even or sustainability
If this sounds like your company, please send us your executive summary. Be sure to check out the great tips below before you do.
- Critical Factors for Obtaining Funding
An overview of the critical factors for success in raising venture capital. - Writing a Compelling Executive Summary
A summary of the key elements of an effective executive summary, including a list of typical mistakes. - Perfecting Your Pitch
A guide to crafting your investor presentation, including a detailed framework and tips on effective pitching.
CLICK HERE for other great tips on how to WOW investors!
HISTORY
IN OCTOBER 1998, Garage launched as garage.com. Initially operating as an accelerator, over the next five years Garage helped over 100 startups raise over $400 million, including such companies as Pandora Media, Tripwire, Lefthand Networks, SalvageSale, Hoku Scientific, and Digital Fountain.
Garage has also produced a highly acclaimed series of events including Bootcamp for Startups, Silicon Valley 4.0, The Art of the Start, and Launch: Silicon Valley.
Garage was initially funded by some of the leading venture capital firms and angel investors in the industry, including Advanced Technology Ventures, Silicon Valley Bank, Draper Fisher Jurvetson, Mayfield Fund, E*Trade, Highland Capital, and Sequoia Capital.
When the supply of early-stage venture capital dried up in 2002, we changed our name to Garage Technology Ventures and became a seed and early-stage venture capital fund. CalPERS, the California Public Employees’ Retirement Fund, is the lead investor in Garage’s first fund, the Garage California Entrepreneurs Fund, LP. Thomas Weisel Global Growth Partners became an investor in 2006.
IN 2021, Garage Technology Ventures has been acquired by Pegasus Tech Ventures.
