Independent rating of Wellington Partners VC fund
Overall rating:
19 reviews
About Wellington Partners VC fund
Website:
Founded:
1998
Number of funds:
6
Number of investments:
219
Number of exits:
54
Organization type:
Venture Capital
How Wellington Partners VC fund invests
Rounds:
Average ticket size:
25.5M USD
Smallest investment:
2.37M USD
Biggest investment:
82.3M USD
Would lead round:
Yes
Would coinvest:
Yes
Countries where invested:
Founders' reviews of Wellington Partners VC fund
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Trustworthy
supportive and constructive, even during hard times. stick to their word.
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Fair, Open, Efficient
Got an intro to Daniel Waterhouse and a meeting was set-up quickly.
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Constructive, Capable, and Good to Work With
I was working on a CHF4m Series A for a Medtech start-up. Syndicate was there and discussions began on the term sheet. At this time Wellington hears about us through a Swiss investors platform (CTI-invest) and calls me for info on the company. I was not too interested, well advanced with the others and not willing to embark on a new process for several months. Money was getting very tight. They persisted, claiming to move fast. They checked the info I sent and shortly thereafter flew in to visit us. Two months later we signed a term sheet for CHF8m together with another co-lead investor. Normally painful DD, but constructive again. Deal closed. So: They have been fast, no B-S, realistic, not playing games (a little good cop/ bad cop when we visited them of course, fair enough). This was over 1 year ago. I wanted to wait before writing an enthusiastic post, you never know how people turn when they are in. None of that. It has been a great year of constructive, straight-forward and pleasant collaboration.
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Good Group
These guys are pretty good. I suspect some of the overly exuberant postings below. It seems like they are gaming the system.
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These Guys Rock: Get Funded by Wellington if You Can
Bart Markus at Wellington served on the board of a virtualization software company I ran which IBM ultimately acquired. Bart and Wellington are beyond high value-add. Bart made several high-profile introductions for our company, introduced a very high-profile x-CEO of a large company as a candidate to join our board, and helped substantially with strategic introductions and major US and Europe-based industry players. Bart is also highly pragmatic and balanced good understanding of operations with a very keen deal sense. The Wellington team was good to deal with from beginning through the M&A process when we were having to work with our VCs on the acquisition terms, escrow, etc. I have maintained a relationship with Bart and would be honored to have him serve as a board member on a future company. Wellington also has a particular skill at taking companies headquartered in Europe and moving operations / headquarters to the US to make the companies more viable for US acquisition or exit scenarios, and Wellington frequently syndicates with top US VC firms such as Kleiner and Sequoia (and has the relationships and track record to be able to do so). If you have the choice, take a deal with Wellington.
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Hand Shake Deal Quality, Reliable Partner
Wellington was our first investor from the time we had been a no revenue, no product company. Joerg Ueberla has been involved from the first pitch following years of being a valuable board member.
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Go with Wellington if You Want to Go Beyond Copy Cat and Want to Take European Tech Globally
Wellington invested in the seed round of our company as lead investor and just recently we closed a Series B with them.
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Very Strong and Reliable Partner!
Wellington invested in my company already at seed stage and re-invested in the series A. Eric Archambeau is the partner and board member.
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Pitch to Bart Markus if You Can
Bart Markus is a rockstar. He's very sharp, asks the right questions and moves very quickly thru the DD process. He knows a lot of people and doesn't scare away to look at unconventional investments. Even though Wellington is a Europe-targeted fund, they will from time to time also do a US investment.
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Real Partnership
I have worked with Wellington for over three years, which was a very positive experience. Principal on the deal was Bart Markus who is a sharp thinker and good at giving -and receiving- straight and honest feedback.
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Straightforward
Dealing with Bart for a Series C investment led by Wellington (now closed) was great since he was knowledgable and straightforward in showing his enthusiasm as well as voicing his concerns. He also made an effort to make sure he met commitments on how long various steps would take. I would recommend Wellington and Bart.
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Competent
We pitched to Wellington a couple of years ago. Joerg Ueberla and Johannes von Borries (as an associate) handled our discussions. Ueberla was very knowledgeable in our space and their process was fair, efficient and responsive. Above all, they were respectful and even genuinely nice. Even though the process didn't lead to an investment, we kept in friendly contact for years.
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Good Fund, Good People
Wellington invested in my previous company. Well organized and transparent progress. Also very honest feedback along the way. Learned a lot from them and appreciated they way they were supporting their CEOs. They also work well with other VCs.
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Straight
We got invited for a pitch and met Mr. Boehnke. A straight guy. We got a fast and clear answer with an explanation why Wellington will not invest at this state of the venture. I think this is the second best option when having a pitch. At least no waste of time. I can recommend Wellington at least as a fair partner in the early phase of discussions
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Very Good People
Wellington has invested in our firm a few years back. Frank sits on our board. We have only good things to say about them: They are nice people, very supportive, very competent, extremely well networked. I consider Wellington to be one of the top European funds and probably the top German fund.
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Not Only Money...
all VC`s a are talking about "smart" money and the value that comes with the money but only few VC`s really performing on that issue!
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Eric and Bart: Good Guys
I have had some dealings with Eric (when he was at Benchmark) and with Bart at Wellington. I was extremely impressed with their insight, seriousness and enthusiasm.
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Smart People
Wellington is probably THE most well known and successful VC fund in Germany - in their roster you'll find companies like Alando.de (which was sold to eBay and effectively became eBay Germany) and many others. The people at Wellington are very smart and definitely know what they are talking about...
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Hard to Reach
One of the few VCs in Germany. Germany offers great investment opportunities but just a few VCs (3-4). As a consequence, they are overwhelmed. Don't take it personnally if you don't get an answer...