Winklevoss Capital Management

Winklevoss Capital
Private
Industry Venture Capital
Founded 2012
Founders Tyler Winklevoss and Cameron Winklevoss
Headquarters Flatiron District, New York City,
NY, United States
Website WinklevossCapital.com

Winklevoss Capital is a family office founded in 2012 by Tyler Winklevoss and Cameron Winklevoss.[1] The firm invests across many asset classes with an emphasis on providing seed funding and infrastructure to early-stage startups.[2] The company is headquartered in New York’s Flatiron District.[2]

Portfolio Companies

SumZero - On September 20, 2012, Winklevoss Capital announced a $1.1 million Series A investment in SumZero, an online community of investment professionals ("buy-side" analysts) employed at hedge funds, mutual funds, and private equity funds.[3] SumZero was founded in 2008 by Divya Narendra and Aalap Mahadevia.[3]

Hukkster - On November 23, 2012, Winklevoss Capital led a $750,000 investment in online shopping startup Hukkster.[4] The site is a savings manager that allows shoppers to track online merchandise and then receive a notification when the price drops.[5] On May 14, 2013, Hukkster announced a $2 million series seed financing, also led by Winklevoss Capital.[6]

Keepy - Keepy is a private platform for families to share and save photos, art, schoolwork and mementos with video and audio commentary. On October 15, 2013, Keepy announced a $1.1 million series seed investment from eight participants, including Winklevoss Capital.[7]

Lenda - On July 29, 2014, Winklevoss Capital invested in the $1.54 million seed round of online mortgage loan refinancing company Lenda.com. Lenda announced closing the $1.54 million on October 15, 2014 and named Winklevoss Capital as one of eight investors.[8]

Bitcoin

On April 11, 2012, Tyler Winklevoss and Cameron Winklevoss revealed ownership of approximately 1% of bitcoins in circulation via Winklevoss Capital.[9] The brothers began buying bitcoin when the value of a single coin was in the single digits.[9]

ETF Filing

On July 1, 2013, Math-Based Asset Services (wholly owned by Winklevoss Capital) filed a Form S-1 with the U.S. Securities and Exchange Commission to create the Winklevoss Bitcoin Fund, an exchange-traded fund for bitcoin.[10]

References

  1. ↑ Thompson, Cadie (27 April 2012). "The Cloud Is Going to Be Huge: Winklevoss Twins". CNBC. Retrieved 23 July 2013.
  2. 1 2 McKinley, Jesse (23 March 2013). "Finding Their Next Facebook". New York Times. Retrieved 23 July 2013.
  3. 1 2 Jannarone, John (17 September 2012). "The Return of Facebook's Winklevoss Twins". Wall Street Journal. Retrieved 23 July 2013.
  4. ↑ Lattman, Peter (13 November 2012). "Winklevoss Twins Lead Investment in Start-Up Shopping Site". New York Times. Retrieved 23 July 2013.
  5. ↑ Thompson, Cadie (26 November 2012). "Here's the Sale Shopping Site the Winklevoss Twins Are Backing". CNBC. Retrieved 23 July 2013.
  6. ↑ Casserly, Meghan (14 May 2013). "Hukkster Raises $2 Million To Add Taste-Makers To Discount Fashion". Forbes. Retrieved 23 July 2013.
  7. ↑ Ryan Lawler (October 15, 2013). "Keepy Raises $1.1 Million To Store All Your Kids' Artwork And Mementos". TechCrunch.
  8. ↑ Barry Levine (October 15, 2014). "Startup Lenda nabs $1.54M to disrupt home refinancing". VentureBeat.
  9. 1 2 Popper, Nathaniel (11 April 2013). "Never Mind Facebook; Winklevoss Twins Rule in Digital Money". New York Times. Retrieved 23 July 2013.
  10. ↑ Popper, Nathaniel (1 July 2013). "Winklevoss Twins Plan First Fund for Bitcoins". New York Times. Retrieved 23 July 2013.
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