Profile
Plug and Play Tech Center is a venture capital firm based in Sunnyvale, California. It was founded in 2006 and is known for its extensive network and global reach, connecting startups with corporations, investors, and other partners. The firm fosters innovation by providing co-working spaces and accelerator programs across various industries. The team consists of experienced venture capitalists, industry experts, and corporate partners, which allows them to offer valuable insights and resources to their portfolio companies. Plug and Play is unique in its approach to blending traditional venture capital with an open innovation strategy that involves leading industry players as partners.
Plug and Play invests in a wide range of sectors, including Fintech, HealthTech, IoT, Energy, and more. The firm typically invests from pre-seed to series B stages, with check sizes usually ranging from $0-1 m to $5-10 m. While they are situated in North America, their extensive partnerships and accelerator programs have a global reach. They reportedly manage several hundred million dollars in assets, but specific fund details are not disclosed on the site.
Notable investments by Plug and Play Tech Center include PayPal - a leading online payment platform, Dropbox - file storage and management, LendingClub - a peer-to-peer lending platform, and N26 - a mobile banking app. These investments showcase the diverse industries and innovative technologies that Plug and Play Tech Center is involved with.
Industry
Plug and Play Tech Center Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
Plug and Play Supply Chain Fund I L P
|
Venture Capital (VC)
|
E-commerce/Marketplace
Financial Services
Fintech
SaaS
AI
Internet of Things (IoT)
HealthTech
Mobility
|
Pre-seed
Seed
|
North America
Europe
Asia
|
$5-10 m
|
$25 M
|
April 2022
|
|
Plug & Play Ventures
|
Venture Capital (VC)
|
Financial Services
Fintech
SaaS
AI
Internet of Things (IoT)
HealthTech
|
Pre-seed
Seed
|
North America
Europe
Asia
|
$5-10 m
|
$20 M
|
December 2009
|
Contacts
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