Project 11
ActiveFiled to raiseLexington, MAEnergy, Telecom, HardwareLast fund filed 2014
3 on a current fund
last 24 months
across filed funds
| Vehicle | Filed | Target | Sold to date | Investors |
|---|---|---|---|---|
| Project 11 Ventures IFiled to raise in 2014, with no closing reported yet. | 2014 | $30M | $0 | 0 |
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.
3 partners are named across this firm’s filings, 3 of them on a fund it is deploying now.
| Partner | Activity | Categories | Board seats | Last 24mo |
|---|---|---|---|---|
| Reed Sturtevant | Selective | AI & machine learning, Data & analytics, Manufacturing & industrials | 11 | 3 |
| Robert Mason | Slowing | Data & analytics, Food & agriculture, Media & creator tools | 4 | 1 |
| Katie Rae | Quiet | Climate & energy, Biotech & pharma, Fintech | 9 | 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.
Classified sectors of Project 11’s own portfolio companies, based on 24 with a verified or cited source.
Not a filing value: this is Lev’s own classification of each company, one company one vote regardless of how many of Project 11’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.
| Firm | Shared boards | Companies |
|---|---|---|
| Breakthrough Energy Ventures | 2 | CorePower Magnetics, Foundation Alloy Technology Explorations |
| Material Impact | 2 | CorePower Magnetics, Foundation Alloy Technology Explorations |
| North Bridge Venture Partners | 2 | CorePower Magnetics, Foundation Alloy Technology Explorations |
| Averin Capital | 1 | TVision Insights |
| Hyperplane | 1 | Volta Networks |
| Pillar VC | 1 | Zapata Computing |
| Revenant Ventures | 1 | TVision Insights |
| Waverley Capital | 1 | VEIR |
A shared board seat: a company where filings name a Project 11 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.