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Line 19: − + − + + + + + + + + − + + + + + + + + + − '''Maveron LLC''' is a venture capital firm with expertise in early to mid stage venture financing. Dan Levitan and Howard Schultz co-founded the Maveron on January 1998.The company is based in Seattle Washington and maintain another office in San Francisco, California.+ +
removed Category:Companies using HotCat
{{CompanyInfo|
{{CompanyInfo|
| logo = Maveron.JPG
| logo = Maveron.JPG
| keypeople = [[Howard Schultz]], Co-Founder <br>
| keypeople = [[Howard Schultz]], Co-Founder <br>
[[Dan Levitan]], Co-founder & Partner <br>
[[Dan Levitan]], Co-founder & Partner <br>
Brett Miller, Vice President of Finance <br>
[[Brett Miller]], Vice President of Finance <br>
Andra Hall, Operations Manager
[[Andra Hall]], Operations Manager
}}
'''Maveron LLC''' is a venture capital firm with expertise in early to mid-stage venture financing. The company has been investing in consumer-focused businesses with highly differentiated brands, traditional consumer product and service enterprises and companies engaged in technology products and services. Maveron provides an initial investment of $3 to 10 million to a company.The company is based in Seattle, Washington, and maintains another office in San Francisco, California.<ref> [http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=21691 Businessweek]</ref>
==Background==
[[Dan Levitan]], former Managing Director of Schroder, Wertheim & Co. and Howard Schultz, Starbucks' CEO, co-founded Maveron in January, 1998. Six months after the company's establishment, the company raised $75 million.<ref>[http://www.maveron.com maveron.com]</ref> Among the companies first successful investments include [[eBay]], drugstore.com and [[PeoplePC]].<ref>[http://seattletimes.nwsource.com/html/businesstechnology/2002094021_maveron18.html Seattle Times]</ref>
==Venture Capital Funds==
In 2000, Maveron raised $340 million venture capital funds, with an objective to become a premier financial and strategic partner for consumer-oriented companies.<ref>[http://www.bizjournals.com/seattle/stories/2000/03/06/story1.html bizjournals.com]</ref>
}}
In 2004, the company announced that it has raised an additional $200 million fund for its Maveron Equity Partners III. During that time the company had a $600 million management fund and 17 active portfolio companies nationwide. Maveron also developed a division to focus its investment within the consumer/technology spectrum.<ref>[http://www.maveron.com/pdfs/maveron_announcement_11_18_04.pdf Press Release]</ref>
In 2008, Maveron raised another $240 million.<ref>[http://www.bizjournals.com/seattle/stories/2008/03/31/daily20.html bizjournals.com]</ref> At present the firm has estimated $800 million under its management.
==Portfolio==
Currently, Maveron has 25 active companies in its portfolio, which include: Allconnect, Altius Education, [[CitizenHawk]], Course Hero,Decide, Drugstore.com, Game Logic, Groupon, Kidzzui, Knowledge Network, Latimer Education, Inc., Live Mocha, Mozes, Next Foods, On Request Images, Pay Near Me, Pinkberry, Potbelly Sandwich, Say, Sway, TerraPass, The Motley Fool, The Wrap, Trupanion, and Zulily.<ref>[http://www.maveron.com/portfolio.php Portfolio]</ref>
==References==
{{reflist}}
__NOTOC__
[[Category:Financial Services]]