Fund profile
Mica Ventures
Sequim, United States
Not leading
About
Mica Ventures is a corporate venture capital firm based in Sugar Land, Texas. The firm focuses on strategic investments in startups that align with its business interests, particularly in consumer technology. Founded by William Penczak, Mica Ventures emphasizes a metrics-based approach to business planning, helping companies enhance revenue and improve margins. The firm combines strategic insights with tactical execution, aiming to bridge the gap between high-level strategies and actionable market plans, often referred to as having a "bias towards action." Although Mica Ventures has a relatively low activity level, it has been involved in key investments such as its participation in a $13.5 million funding round for Supersapiens, a health tech company based in Atlanta that focuses on glucose monitoring for athletes. This indicates Mica's interest in the health and wellness sector, alongside broader consumer tech categories. The firm’s philosophy centers on helping companies grow sustainably by leveraging data-driven marketing and sales strategies. This includes initiatives ranging from market research and digital marketing to more specific efforts like sales compensation programs and pipeline development. Mica Ventures stands out for its focus on sustainable business growth, and its strategic guidance is designed to help startups achieve long-term success through practical and efficient market execution.
Details
Highlights
$4.8M
Historical average check
$13.5M
Historical max check
May 2022
Last investment date
5
Investments
Healthtech & Wellness
Sports & Fitness
Fintech & Financial services
Other
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