Silverton Partners

Last updated
Silverton Partners
Type Private
Genre Venture Capital, startups
Founded2005 (2005) [1]
Headquarters,
USA
Key people
Morgan Flager
Kip McClanahan
Mike Dodd
Roger Chen
Website silvertonpartners.com

Silverton Partners is an early-stage venture capital firm headquartered in Austin, Texas. [2]

Contents

Founded in 2006, Silverton Partners focuses on the Seed and Series A rounds of a startup's lifecycle across a variety of industries including enterprise SaaS, cybersecurity, consumer marketplaces, financial services, insurance, real estate technologies, digital healthcare, etc. Silverton Partners is the longest running venture firm in Texas and has been named the most active venture capital firm in Texas for seventh consecutive year by CBInsights. [3]

History

Silverton Partners was founded by Bill Wood, a founder of Austin Ventures, in 2005. [4] After initially operating as a family office, Silverton Partners launched Fund III as an institutional fund with $75 million in 2006, [5] Fund IV with $75 million in 2013, [6] and Fund V with $108 million in 2018. [7]

The firm is led by Managing Partner, Morgan Flager, and Partners, Kip McClanahan, Mike Dodd, and Roger Chen. In 2021, Silverton Partners’ Morgan Flager and Mike Dodd were both named on Seed 100, Business Insider’s list of the most prominent seed investors in the U.S. [8]

In 2021, Silverton Partners was named the most active venture capital firm in Texas for the seventh consecutive year by CBInsights. [9]

Portfolio

Among Silverton’s early-stage investments are:

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References

  1. "Silverton Partners: Private Company Information". Bloomberg. Retrieved December 19, 2017.
  2. Why Austin VC firm Silverton Partners seems to have a midas touch, Will Anderson, May 10, 2018, Austin Business Journal, retrieved July 21, 2019
  3. "The United States Of Venture Capital: The Most Active VC In Each State". CB Insights Research. 2021-04-08. Retrieved 2021-07-19.
  4. Wood named first member of Austin Tech Hall of Fame, Christopher Calnan, May 7, 2013, Austin Business Journal, retrieved December 15, 2017
  5. , Christopher Calnan, November 7, 2013, Austin Business Journal, retrieved December 19, 2017
  6. , Christopher Calnan, November 7, 2013, Austin Business Journal, retrieved December 19, 2017
  7. Why Austin VC firm Silverton Partners seems to have a midas touch, Will Anderson, May 10, 2018, Austin Business Journal, retrieved July 21, 2019
  8. Haley, Margaux MacColl, Melia Russell, Candy Cheng, Michael. "The Seed 100: The best early-stage investors". Business Insider. Retrieved 2021-07-19.
  9. The United States Of Venture Capital: The Most Active VC In Each State, May 23, 2019, CB Insights, retrieved July 21, 2019
  10. PE Hub, "Ottawa’s 360pi Nets $4.1M in Financing from Silverton Partners" August 23, 2013.
  11. TechCrunch, "Driver’s ed app Aceable raises $4 million" September 23, 2016.
  12. Fierce Biotech, "Augmented reality startup Apprentice bags $2.5M to build on uptick in biopharma interest" December 7, 2017.
  13. TechCrunch, "Billie, which wants to eliminate the “pink tax,” closes a $6M seed round for its razor subscription service" April 12, 2018.
  14. TechCrunch, "Home Depot Acquires Data-Driven Retail Pricing Startup BlackLocus" December 17, 2012.
  15. Austin Inno, "Austin Freight Software Company, Convey, Raises $4.5M Series A" June 29, 2016.
  16. Marketing Sherpa, "Convio Gets Mo' Money for Email Marketing" July 6, 2004.
  17. Yahoo Finance, "OutboundEngine Launches, Secures $1.6 M in Series A Funding" November 14, 2012.
  18. American Inno, "Rollick Revs Up $8.3M Series A for Acquisition and Expansion" October 11, 2018.
  19. 512 Tech, "Austin’s SailPoint plans to raise $200 million in upcoming IPO" November 6, 2017.
  20. TechCrunch, "Self Lender Raises $1.5M To Help Americans Establish Credit" June 10, 2015.
  21. BusinessWire, "SourceDay Secures $6.5 Million Series A Financing from Leading Venture Firms" December 6, 2018.
  22. Vator, "SpareFoot picks up $1.5 million for storage" March 7, 2011.
  23. Xconomy, "Fintech Startup Zebra Raises $40M" September 19, 2017.
  24. PE Hub, "Austin-based Silverton Partners launches new $75 mln fund" November 7, 2013.
  25. BusinessWire, "TurnKey Vacation Rentals raises millions to expand" August 21, 2013.
  26. Austin Business Journal, "TurnKey Vacation Rentals raises millions to expand" June 13, 2014.
  27. Austin Inno, "Secure Exit: Backed by Austin VC, UnboundID Acquired by Ping Identity" August 2, 2016.
  28. TechCrunch, "Silverton, Automattic Put $1.2M Into WordPress Hosting And Security Service WP Engine" November 15, 2011.