search: results update below


browse funds: selections are stored



recently rated:

Rated by 3
2.9
 

top rated funds:

Rated by 12
4.1

Rated by 12
4.0
 

Rated by 11
4.0
 

Rated by 15
4.0

Rated by 21
4.0

Rated by 41
3.9

Rated by 11
3.8

Rated by 44
3.8

Rated by 106
3.8

Rated by 32
3.8

Rated by 32
3.8

Rated by 64
3.7

Rated by 23
3.7

Rated by 27
3.7

Rated by 11
3.6

Rated by 18
3.6

Rated by 10
3.6
 

Rated by 62
3.6

Rated by 21
3.5

Rated by 12
3.5
 

Rated by 30
3.5

Rated by 28
3.4

Rated by 19
3.4

Rated by 14
3.4
 

Rated by 49
3.4
 

Rated by 16
3.4
 

Rated by 10
3.4

Rated by 13
3.4

Rated by 16
3.4

Rated by 60
3.4

Please take a moment and make a financial contribution to TheFunded. If we have helped you, help us with resources to further grow the both the site and our entrepreneur training program, The Founder Institute.

EDF Ventures

Legal Threat Warning:
TheFunded.com or a Member has either been threatened with legal action or had legal action taken by the following organization(s). An organization can be removed by this list by having their external counsel submit on letteread that the firm is not engaged in legal action against any portfolio CEO or TheFunded.com.

Firm Rating:

Rated 1.7 / 5.0 by 6
Track
Record
1.3
Operating
Competence
1.4
Pitching
Efficiency
1.8
Favorable
Deal Terms
2.0
Execution
Assistance
2.0

Firm Homepage:

FIRM OVERVIEW: Small Private VC founded in 1987 based out of Ann Arbor, United States (US Central)

TEAM MEMBERS: Beau D. Laskey, Lois F. Marler, Mary L. Campbell, Michael R. DeVries, Oleg G. Svintsitski,

0
Agree
4
Disagree

Solid Investors, Good Advise and Counsel

Fund: EDF Ventures

Posted by Anonymous on 2008-04-22

PUBLIC:

I have had the opportunity to work with Mike DeVries as both an investor in a Series B financing and as a BOD member in medical device investments. I have found him to be an excellent partner to the founders and CEO. He understands, as a former entrepreneur, the important role of management and team and works diligently to keep the players focused on creating value.

The entire process from pitch to funding to BOD interactions has been straightforward with no "surprises". He is an honest, thoughtful and wise counsel when requested, otherwise, he leaves the management team to run the company. I would highly recommend EDF and especially Mike for an early stage medical device Investment, They will be with you from your garage to full scale manufacturing and hang in there when the inevitable hickup's come along.

PRIVATE: Members Only

1
Agree
4
Disagree

Great Support During a Tough Transition

Fund: EDF Ventures

Posted by frankfawzi on 2008-03-29

PUBLIC:

I have been working with them for two years as a chairman of the board and more recently as a CEO. Initially with Beau Lasky and then with Mary Campbell. I have been across the table from them and on the same side during that time. In all cases, I found them to be very ethical, no nonesense and very supportive in tough times. I have had my share of dealings with VCs and boards and I would grade EDF as A+ for standing by the company and the founders during a tough transition period.

PRIVATE: Members Only

4
Agree
1
Disagree

Avoid

Fund: EDF Ventures

Posted by anonymous on 2007-10-13

PUBLIC:

Worked with these people on several deals and they are to be avoided unless you are desperate. Beaus Laskey, the only honest straightforward person in the bunch, has left the firm.

PRIVATE: Members Only (189 Characters)

8
Agree
0
Disagree

Dumb or Dumber?

Fund: EDF Ventures

Posted by MrPortfolio on 2008-08-22

PUBLIC:

Wow! As EDF Ventures moves forward with a suit against an anonymous poster on thefunded, more and more information comes to light about how dumb this firm is. It's incredible!

The head of the firm, Mary Campbell, actually admits that she never heard of thefunded until recently, yet she heads the Michigan branch of the NVCA. Does she live under a rock" Then, she justifies the suit along with her genius cohorts by saying that it is "patently untrue" because EDF has never worked with a CEO more than once! Outside the fact that this is a damming and dumb admission, it may not be relevant, since I thought lawyers and limited partners could be members of thefunded... Hey, maybe it's your biggest dealflow source that levied some criticism... Maybe a limited" Ooops.

It gets even dumber, because Mary Campbell has said that the expensive and high profile litigation to protect their image (which completely backfired) is a "low priority" for the firm. Umm, usually when things go this wrong, they become a high priority. If all this were not enough, the media is publishing their deal terms, which has got to be embarrassing to portfolio companies. I can't wait to see the stories about why the various "good partners" left.

So, let me get this straight about EDF. They are suing a dealflow source because they have never worked with an entrepreneur more than once in a low priority case to defend their image that has massively backfired, causing more and more dirt on the firm to be dug up and embarrassing their portfolio... Dumb or dumber" You decide.

Crain's
">VentureBeat
Ann Arbor News
The PE Data Center

Arxan Technologies out of Maryland, develops anti-tampering software solutions. The company raised approximately $13 MM in their last Series C round.

Deal Terms:
- Senior Liquidation Preference
- Series C Up Round
- 1 Liquidation Multiple
- Participating Preferred Stock
- Weighted Average Anti-Dilution
- Redemption Clause
- Cumulative Dividends
- 8% Dividend Rate

ValenTx, Inc. is a medical device company based in southern California. The company had a Series A round that raised approximately $6 MM.

Deal Terms:
- Series A
- Conventional Convertible Preferred
- 1 Liquidation Multiple
- Weighted Average Anti-Dilution
- NO Redemption Clause
- NO Cumulative Dividends
- 8% Dividend Rate

Xtera Communications, Inc. (formerly Bandwidth Communications) is headquartered in Texas. The company develops technologies for long-haul fiber optic communications systems. In late 2007, this company brought in approximately $52 MM in a later stage series B round.

Deal Terms:
- Senior Liquidation Preference
- Series B Up Round
- >1 Liquidation Multiple
- Conventional Convertible Preferred
- Weighted Average Anti-Dilution
- NO Redemption Clause
- Cumulative Dividends
- 8% Dividend Rate

Biosurface Engineering Technologies, Inc. (also known as BioSET) is a provider of surface modification solutions for the medical industry. The company is headquartered in Maryland. The company had a Series C round in mid 2006.

Deal Terms:
- Senior Liquidation Preference
- Series C Flat Round
- 1 Liquidation Multiple
- Participating Preferred Stock
- Weighted Average Anti-Dilution
- Redemption Clause
- Cumulative Dividends
- 8% Dividend Rate

PRIVATE: Members Only

12
Agree
0
Disagree

What Kind of Nutjob is Running Edf?

Fund: EDF Ventures

Posted by Anonymous on 2008-08-13

1
Agree
0
Disagree

Decent Group, but Not Sure of Their Future

Fund: EDF Ventures

Posted by williams on 2008-07-19

PUBLIC:

they stopped fund-raising. One partner left. Not sure how long they will be around. They used to be the group to go to in Michigan, but much of the talented folks have left.

PRIVATE: Members Only