.406 Ventures
SlowingFiled to raiseBoston, MACybersecurity, Digital health, Healthcare servicesLast fund filed 2024
2 on a current fund
last 24 months
across filed funds
| Vehicle | Filed | Target | Sold to date | Investors |
|---|---|---|---|---|
| Point 406 Ventures Opportunities Fund IIIFiled to raise in 2024, with no closing reported yet. | 2024 | $50M | $0 | 0 |
| MarcuSPVFiled to raise in 2024, with no closing reported yet. | 2024 | $13M | $0 | 11 |
| KaosSearch | December 2022 | $2.2M | $2.2M | 7 |
| Point 406 Ventures V | April 2022 | $325M | $245M | 72 |
Amounts are Item 13 as filed: the target is the whole offering, and the amount sold is cumulative across amendments rather than a final close. The filing carries no per-investor amount, so a firm’s own cheque is not recoverable here.
6 partners are named across this firm’s filings, 2 of them on a fund it is deploying now.
| Partner | Activity | Categories | Board seats | Last 24mo |
|---|---|---|---|---|
| John BrooksNot on the current fund | Slowing | Biotech & pharma, Medical devices, Digital health | 11 |
Categories of .406 Ventures’s own portfolio companies, based on 46 with a verified or cited source.
| Firm | Shared boards | Companies |
|---|---|---|
| Wrangler | 22 | AbleTo, Ascellus Health, Attend.com, AUTHAIR, Axial Healthcare Holdings, Axial Healthcare, Bend Financial, Better Life Partners, Digitalsmiths, Healthsense, Hurdle Health, IORA HEALTH, Jisto, Lexumo, MineralTree, On Belay Holdings, Onapsis, Rapid Focus Security, Redox, Threat Stack, VERACODE, WELBE HEALTH |
| NEA | 4 | Diana Health, Event Farm, Heartbeat Health, Trilio Data |
| RRE Ventures | 4 | Bend Financial, GreatHorn, HYPR, Redox |
| December 2021 |
| $5.1M |
| $5.1M |
| 14 |
| MinTCo | November 2020 | $5.4M | $5.4M | 11 |
| Co-napsis | July 2020 | $7.5M | $7.5M | 14 |
| Point 406 Ventures IVFiled to raise in 2019, with no closing reported yet. | 2019 | $250M | $0 | 0 |
| Point 406 Ventures Opportunities Fund IIFiled to raise in 2019, with no closing reported yet. | 2019 | $100M | $0 | 0 |
| Twelfth Inning | July 2018 | $3.1M | $3.1M | 6 |
| Wrangler | March 2018 | $4.7M | $4.7M | 8 |
| Point 406 Ventures 2016 Opportunities FundFiled to raise in 2016, with no closing reported yet. | 2016 | $80M | $0 | 0 |
| B941 | October 2015 | $5.9M | $5.9M | 16 |
| Point 406 Ventures IIIFiled to raise in 2015, with no closing reported yet. | 2015 | $200M | $0 | 0 |
| Point203X2SPV | 2014 | $2.2M | $2.2M | 2 |
| 1 |
| Greg DraconNot on the current fund | Quiet | Cybersecurity, Developer tools & infrastructure, Enterprise software | 11 | 0 |
| Lawrence BegleyNot on the current fund | Quiet | AI & machine learning, E-commerce & marketplaces, Enterprise software | 3 | 0 |
| Liam Donohue | Quiet | Digital health, Healthcare services, Fintech | 13 | 0 |
| Maria Cirino | Quiet | Cybersecurity, Enterprise software, Developer tools & infrastructure | 11 | 0 |
| Payal DivakaranNot on the current fund | Quiet | Developer tools & infrastructure, Digital health, Healthcare services | 4 | 0 |
Activity is filed board seats in the last 24 months: 4+ Active, 2–3 Selective, 1 Slowing, none Quiet. A firm's tier totals its partners, so an active firm may be four partners with one seat each. It undercounts partners who invest without taking a board seat, and filings lag a closing by weeks, so Quiet means the paperwork is quiet, not the person.
Not a filing value: this is Lev’s own classification of each company, one company one vote regardless of how many of .406 Ventures’s partners are named on its board, shown only when we found a specific, checkable source. Companies with no source read as unclassified and are left out of the shares above.
| HLM Venture Partners |
| 3 |
| AbleTo, Ascellus Health, Axial Healthcare Holdings |
| Glasswing Ventures | 2 | Rapid Focus Security, Terbium Labs |
| Scale Venture Partners | 2 | CloudHealth Technologies, Threat Stack |
| 2048 Ventures | 1 | GreatHorn |
| aMoon | 1 | Better Life Partners |
| Battery Ventures | 1 | Redox |
| Clearsky Security | 1 | Sevco Security |
| Cota Capital | 1 | Optaros |
| CRV | 1 | Optaros |
| Evolution Equity Partners | 1 | Onapsis |
| Flare Capital | 1 | IORA HEALTH |
| General Catalyst | 1 | Optaros |
A shared board seat: a company where filings name a .406 Ventures partner and a partner at the other firm, both with a clean identity match. Not a claim either firm led or co-led the round, only that both are named on the same board.