A Year of Milestones for MVP
We completed ~$900MM in primary and secondary transaction volume, closed our flagship fund IV which brings our overall AUM to $1B+, and invested in 19 of the most innovative tech companies across the globe.
Many of our portfolio companies raised private funding at valuations multiple times their previous levels, while others have announced or completed exits to the public markets. As a result, we distributed $500MM+ to our investors, representing more distribution value than all preceding years combined.
With unprecedented liquidity in the private markets, high-growth tech companies accumulating more value than ever before, and additional dry powder to deploy towards best-in-class opportunities, we can’t wait to see what 2022 has to offer.
Notable MVP Portfolio
Company Exits
Coinbase
Direct Listing
SoFi
SPAC
Rent the Runway
IPO
Udemy
IPO
Rivian
at IPO debut, closed 1st trading day at $127B
Announced Portfolio
Company Exits
Transfix
Announced SPAC at a $1.1B valuation
Quanergy
Announced SPAC at a $1.4B valuation
Cohesity
Filed for IPO
Turo
Filed for IPO
New Funding Rounds
Epic Games
Valuation
$28.7B
Late Stage Round
$1B
Fresh capital to advance its creation of a gaming metaverse
Space X
Valuation
~$100B
Late Stage Round +Tender Offer
$337MM
Largest private company in the U.S. and the second larges in the world.
Klarna
Valuation
$45.6B
Series H Round
$640MM
Increased its valuation 12x
Automattic
Valuation
$7.5B
Tender Offer
2.5x premium to its most recent round
Revolut
Valuation
$33B
Series E Round
$800MM
Increased its valuation 6.5x
Lime
Valuation
$1.5B
Convertible Note Financing
$420MM
Nearly tripled its valuation
Epic Games
Valuation
$28.7B
Late Stage Round
$1B
Fresh capital to advance its creation of a gaming metaverse
Space X
Valuation
~$100B
Late Stage Round +Tender Offer
$337MM
Largest private company in the U.S. and the second larges in the world.
KlarnA
Valuation
$45.6B
Series H Round
$640MM
Increased its valuation 12x
Automattic
Valuation
$7.5B
Tender Offer
2.5x premium to its most recent round
Revolut
Valuation
$33B
Series E Round
$800MM
Increased its valuation 6.5x
Lime
Valuation
$1.5B
Convertible Note Financing
$420MM
Nearly tripled its valuation