TCA VG Annual Report 2015
2015 Interactive Annual Report
TCA Venture Group / Tech Coast Angels
Annual Report2015
Explore the people, capital and companies behind 2015. An interactive edition of the original annual report.
Source: Tech Coast Angels annual report
2015 / Year in review
The year at a glance
A year of investment, collaboration and company building. Swipe through the figures, then explore the story behind them.
Capital invested
58 companies received investment during 2015.
Companies funded
Across technology and non-technology sectors.
Member community
Experience, guidance and connections across the network.
Exits during the year
Read the source-year outcomes and return context below.
New-company capital
Share of annual dollars invested in new companies.
Investments since 1997
60% remained active. See the original return assumptions in the outcomes section.
2015 / Capital
Capital in motion
Move through the reporting history. Select a year, switch measures, and inspect the underlying values.
Capital deployed
TCA invested $13.5 million during 2015. Portfolio companies also obtained an additional $82 million in outside investments. The report identifies 1999, 2013 and 2014 as the only higher annual totals.
Source: PDF page 3
Capital deployed
2015 / Industry
A diverse portfolio
Turn the industry ring and explore how the portfolio evolved.
Industry allocation
TCA invested $13.5 million in 58 companies across technology and non-technology industries during 2015. Membership reached 326, an all-time high at the time.
Source: PDF page 2
Explore industry allocation
Industry mix over time
The experience of 326 members supported investments across a wide range of industries. Drag through the years to explore the changing mix shown in the original report.
Source: PDF page 4
Industry mix over time
2015 / Returns
Patience and outcomes
Portfolio status since inception
Returns and exits
Six exits comprised three IPOs—Mindbody, CytomX and CRISI Medical Systems—and three acquisitions—Olive Medical, Thermark and Wispry.
The network reported 60 exits since 1997 and 306 investments, with 60% still active.
The source’s 360% portfolio return is a conditional illustration: it assumes the remaining active investments achieve outcomes similar to the 60 realized investments. It is not a realized return.
Source: PDF page 3
2015 exits
Mindbody
Exit event identified in the original annual report.
PDF page 3CytomX
Exit event identified in the original annual report.
PDF page 3CRISI Medical Systems
Exit event identified in the original annual report.
PDF page 3Olive Medical
Exit event identified in the original annual report.
PDF page 3Thermark
Exit event identified in the original annual report.
PDF page 3Wispry
Exit event identified in the original annual report.
PDF page 32015 / Companies
Meet the companies
Search the businesses listed in the source report and switch between its investment groups.
2015 / Looking ahead
Perspective for the next chapter
For entrepreneurs
New-company investment represented 35% of total dollars, compared with 41% in 2014 and 63%…
New-company investment represented 35% of total dollars, compared with 41% in 2014 and 63% in 2013. The report saw a possible funding downturn ahead.
Accept realistic valuations. Holding to the previous cycle’s valuations could leave the co…
Accept realistic valuations. Holding to the previous cycle’s valuations could leave the company underfunded.
Raise enough in the current round and plan to reach cash-flow breakeven if later financing…
Raise enough in the current round and plan to reach cash-flow breakeven if later financing is unavailable.
Spend wisely. Prioritize a better product or customer experience.
Spend wisely. Prioritize a better product or customer experience.
Seek investors who bring experience, guidance and contacts.
Seek investors who bring experience, guidance and contacts.
Source: PDF page 5
2015 / Source notes
The source behind the figures
Figures and commentary reflect this year’s report. Chart-derived values are identified beside each chart.
Source: TCA-Annual-Report-2015-Final.pdf. PDF page references count the cover as page 1.
Narrative figures and printed chart labels are preserved. Values read from plotted geometry are approximate and rounded; use the included PDF for the original presentation.
Company directories reproduce the listings in this source. A company can appear in both the TCA portfolio and ASN lists; source listing counts can differ from headline totals.
The original historical report uses Tech Coast Angels branding. This edition follows the TCA VG interactive report design.