GE Ventures

GE Ventures
Industry Venture capital
Founded 2013
Headquarters Menlo Park, California
Key people
Sue Siegel (CEO)
Website www.geventures.com

GE Ventures (founded in 2013) is the venture capital subsidiary of General Electric.[1] Headquartered in Menlo Park, California the firm also has offices in Boston, Chicago, Houston, Shanghai, and Tel Aviv.[lower-alpha 1] As of 2015, the CEO is Sue Siegel.[2] GE Ventures plans to invest up to $150 million annually in startups (or corporate collaborations) in the healthcare, energy, software, and advanced manufacturing sectors.[3]

The firm lists 75 companies in its portfolio,[lower-alpha 2] including HourlyNerd,[4] Mocana,[lower-alpha 3] Nanosonics,[lower-alpha 4] Enbala,[lower-alpha 5] and Airware.[5] In March 2015, GE Ventures (with Stanford Hospital as a non-financial participant) re-launched Evidation Health, a healthcare company involved in data analytics.[6]

See also

References

  1. Riddell, Lindsay (24 May 2013). "GE Ventures launches in Silicon Valley". San Francisco Business Journal.
  2. Kolodny, Laura (5 May 2015). "GE Ventures' Sue Siegel: Accelerators Reduce Risk for Early-Stage Investors". Wall Street Journal.
  3. Tremain, William (30 January 2013). "The Daily Startup: GE Consolidates Venture Investment Groups". Wall Street Journal.
  4. Keohane, Dennis (4 February 2015). "HourlyNerd gets $7.8 million in new funding from powerhouse group of investors". Beta Boston. ...Highland Capital Partners led the Series B round, and was joined by GE Ventures, Greylock Partners, Intuit founder Scott Cook, the Kraft Group, and others.
  5. Constantine, Josh (19 November 2014). "Airware's Drone Operating System Gets Strategic Investment, Tech, Clients From GE Ventures". TechCrunch.
  6. Holley, David (5 March 2015). "GE Backs Evidation Health to Tackle Digital Health". Xconomy.

Notes

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