ONSET Ventures

ONSET Ventures is a venture capital firm specializing in seed, early-stage and select late stage investing. The firm typically invests in information, communication, and medical technology sectors. Within these, it focuses on enterprise application, infrastructure software, communications and networking, and medical devices and drug delivery systems. The firm prefers to make investments in Northern California region but can consider other locations as well. Depending on the stage of the company's development, the first investment typically ranges from several hundreds of thousands of dollars to about $5 million, with follow-on investments in combination with other investors in later rounds. The typical total investment across our portfolio is in the range of $8-12 million per company, but this varies depending on the individual company's needs. The firm usually invests for five years or more and prefers to have a board seat in the portfolio company. New Enterprise Associates was one of the firms that originally funded ONSET Ventures in 1984 and supported their transition into an independently funded and managed firm in 1989. The firm is based in Menlo Park, California.