Galleon Group

Company

Investment-firm

General

About Company
Galleon Group manages funds specializing in technology and healthcare industries.

Industry

Sector :

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Also Known As

Galleon Crossover Fund

founded date

01.01.1997

IPO status

Private

Description

Founded in 1997, Galleon Group is a venture capital firm based in the United States. They have a preference for startups with multiple founders and invest in fields such as social media and digital media. The fund typically invests in startups that are 4-5 years old. Galleon Group has a strong track record of successful investments and often participates in rounds with 5-6 other investors. They have notable portfolio startups such as NeuVis, Altierre, and Dilithium Networks. Galleon Group stands out by investing 21 percentage points more than other organizations and typically invests in deals ranging from $10-50 million. They have a lower exit rate compared to other companies and are involved in less than 2 deals per year. The fund experienced high activity in 2000 and saw an increased number of exits in 2010. Galleon Group is managed by experienced professionals with backgrounds in technology and healthcare sectors. They believe in delivering superior returns to investors without employing leverage.