Ada Ventures

Ada Ventures is a venture capital fund, backed by entrepreneurs and a group of global, mission-aligned investors.

4.7
(19)
Recommend to another founder 60%

Independent rating of Ada Ventures VC fund

Overall rating:
4.7
(19)
Recommend to another founder: 60%
Team quality
2.3
Professionalism
Personal qualities
Integrity
Respect and decency
Experience
Relevant expertise
Investment process
3.9
Approachability
Clarity of the process
Speed of the process
Responsiveness
Ease of the process
Due diligence
Value add
4.7
Supportiveness
Value add beyond financing
Board activity
Terms
Founder friendly
None
Help with follow-up rounds
None

About Ada Ventures VC fund

Founded:
2018
Number of funds:
1
Number of investments:
19
Headquarters:
Organization type:
Venture Capital

How Ada Ventures VC fund invests

Average ticket size:
2.94M USD
Smallest investment:
105K USD
Biggest investment:
23.3M USD
Would lead round:
Yes
Would coinvest:
Yes
Countries where invested:

Portfolio - latest investments by Ada Ventures VC fund

Founders' reviews of Ada Ventures VC fund

Team quality
1.7
Professionalism
Personal qualities
Integrity
Respect and decency
Experience
Relevant expertise
Investment process
2.6
Approachability
Clarity of the process
Speed of the process
Responsiveness
Ease of the process
Value add
Not reviewed
Recommend to another founder 60%
Within a year by non-portfolio founder
Verified by BOUND
Advice for management
Provide feedback for founders especially to those who you say you exist for, underrepresented.
Team quality
5.0
Professionalism
Investment process
5.0
Approachability
Speed of the process
Responsiveness
Due diligence
Value add
4.8
Supportiveness
Value add beyond financing
Board activity
Terms
Older than a year by portfolio founder
Round: Pre-Seed
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Coolio
Very approachable, very direct and fair.
Team quality
5.0
Professionalism
Investment process
5.0
Approachability
Speed of the process
Responsiveness
Due diligence
Value add
5.0
Supportiveness
Value add beyond financing
Board activity
Terms
Older than a year by portfolio founder
Round: Seed
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Never Ending
Matt & Check have been a joy to work with from first conversation right through to being an investor. I couldn't imagine not working with them now!
Team quality
5.0
Professionalism
Investment process
4.8
Approachability
Speed of the process
Responsiveness
Due diligence
Value add
5.0
Supportiveness
Value add beyond financing
Board activity
Terms
Older than a year by portfolio founder
Round: Pre-Seed
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Awesome is Underselling Them
I met Check Warner through another founder prior to her launching Ada. I then subsequently met Matt Pennycard. As a venture team, they are very easy to deal with and accessible. I highly rate both of them. They regularly share unprompted trends and useful tid-bits. They have helped us make key hires (including introducing our third co-founder). Made the introductions that led to the closing of our round of funding. Have generally been supportive. On top of that, we as a team believe in their mission. I can't speak highly enough of them. For context, I have been working in tech for nearly 20 years and have lots of VC relationships.
Team quality
5.0
Professionalism
Investment process
5.0
Approachability
Speed of the process
Responsiveness
Due diligence
Value add
5.0
Supportiveness
Value add beyond financing
Board activity
Terms
Older than a year by portfolio founder
Round: Pre-Seed
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Good Times
Our first investor - very supportive and open!
Team quality
5.0
Professionalism
Investment process
4.0
Approachability
Speed of the process
Responsiveness
Due diligence
Value add
4.7
Supportiveness
Value add beyond financing
Terms
Older than a year by portfolio founder
Round: Pre-Seed
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Helping us to a Better Aim
What sold me on Ada was not only the fact that they had invested in businesses within our domain, but the fact that they brought with them through our conversations a deep conviction in our business that would positively impact our trajectory with them onboard as partners. So far on our journey to date, we have received balanced quality advice coupled with high EQ, transparency, respect without ego. Wishing Founders the best of luck on their journeys, and I wholeheartedly recommend Ada for their investment in overlooked founders with the boldest of ideas!
Team quality
5.0
Professionalism
Investment process
4.5
Approachability
Speed of the process
Responsiveness
Due diligence
Value add
5.0
Supportiveness
Value add beyond financing
Board activity
Terms
Older than a year by portfolio founder
Round: Pre-Seed
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Illuminating Pair
Check and Matt from Ada Ventures are great. Very professional and humble. Very honest about their interest and issues through the process. They also offer very founder friendly terms.
Team quality
5.0
Professionalism
Investment process
4.0
Approachability
Speed of the process
Responsiveness
Due diligence
Value add
4.0
Supportiveness
Value add beyond financing
Terms
Older than a year by portfolio founder
Round: Seed
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Help Where they Can
Ada has been very straight forwards and consistent to work with from pre-investment and beyond. They add value where they have experience but don't interfere in day-to-day management. I would thoroughly recommend them as a pre-seed and seed investor.
Team quality
5.0
Professionalism
Investment process
4.2
Approachability
Speed of the process
Responsiveness
Due diligence
Value add
4.5
Supportiveness
Value add beyond financing
Board activity
Terms
Older than a year by portfolio founder
Round: Seed
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Wildest Dreams
An amazing team in Matt and Check. They both have experience and knowledge that has helped us as founders - more than we could imagine. We are super appreciative of the help they give us beyond money and trust them - which I suspect is very rare to say in this VC world. We feel they are aligned with our vision and support us through our journey of growth. I find them as colleagues rather than our investors, and actually we call them our partners, not investors, as they are partnering with us on our journey, and investors doesn't give them justice.
Team quality
5.0
Professionalism
Investment process
4.8
Approachability
Speed of the process
Responsiveness
Due diligence
Value add
4.5
Supportiveness
Value add beyond financing
Board activity
Terms
Older than a year by portfolio founder
Round: Seed
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Considerate Humans
Matt & Check are genuinely good people, and have been an absolute joy to work with
Team quality
5.0
Professionalism
Investment process
5.0
Approachability
Speed of the process
Responsiveness
Due diligence
Value add
5.0
Supportiveness
Value add beyond financing
Board activity
Terms
Older than a year by portfolio founder
Round: Seed
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Taking the Bar and Running Away with It
Nobody was more engaged and supportive, they made every round (up to B so far) possible with the amazing introductions.
Team quality
5.0
Professionalism
Investment process
4.8
Approachability
Speed of the process
Responsiveness
Due diligence
Value add
4.5
Supportiveness
Value add beyond financing
Board activity
Terms
Older than a year by portfolio founder
Round: Seed
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Obvious They Know What They're Doing
Ada were very fast to make a decision and were very honest about what they could and could not add to the company by coming on board. The partners are clearly very experienced and enthusiastic investors. They could probably benefit from more specific technical life science experience in the team
Team quality
Not reviewed
Investment process
5.0
Approachability
Speed of the process
Responsiveness
Due diligence
Value add
5.0
Supportiveness
Value add beyond financing
Board activity
Terms
Older than a year by portfolio founder
Round: Seed
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Philanthropists
Ada have been a great partner so far; supportive, insightful and friendly. They stick to their word and don't bullsh*t. They are genuinely passionate about the businesses they invest in and generally making the world a better place.
Team quality
Not reviewed
Investment process
5.0
Approachability
Speed of the process
Responsiveness
Due diligence
Value add
4.7
Supportiveness
Value add beyond financing
Terms
Older than a year by portfolio founder
Round: Series B
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Rock Solid Foundation
Ada are true professionals with strong values. They are honest, transparent and supportive and always a pleasure to work with.
Team quality
Not reviewed
Investment process
4.5
Approachability
Responsiveness
Value add
Not reviewed
Older than a year by non-portfolio founder
Round: Pre-Seed
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Thesis Thesis Thesis
Professional vc with great thesis
Team quality
Not reviewed
Investment process
5.0
Approachability
Speed of the process
Responsiveness
Due diligence
Value add
4.2
Supportiveness
Value add beyond financing
Board activity
Terms
Older than a year by portfolio founder
Round: Seed
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Forged in the Fire
Ada Ventures are one of the best venture investors I have had the opportunity to work with and I would not hesitate to recommend them to founders, indeed I do this all the time. It's easy for investors to be supportive when things are going well but Ada were very supportive especially when things were challenging (as they usually are in a startup).
Team quality
Not reviewed
Investment process
5.0
Approachability
Responsiveness
Value add
Not reviewed
Older than a year by non-portfolio founder
Round: Pre-Seed
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Keeping it Short
Great
Team quality
Not reviewed
Investment process
5.0
Approachability
Speed of the process
Responsiveness
Due diligence
Value add
5.0
Supportiveness
Value add beyond financing
Board activity
Terms
Older than a year by portfolio founder
Round: Seed
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A few Ava Adverbs
Fantastically supportive, wonderfully imaginative, hugely ambitious.
Team quality
Not reviewed
Investment process
4.5
Approachability
Speed of the process
Responsiveness
Due diligence
Value add
4.2
Supportiveness
Value add beyond financing
Board activity
Terms
Older than a year by portfolio founder
Round: Pre-Seed
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I'm Enjoying Seeing them Succeed
I believe in Ada's investment thesis - I am excited to see Ada network grow and to see what diverse companies and founders will be nurtured with Ada.
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