Investor Overview
2019
$1.3B
1
4
6
2023
2020
Addition invests in early and growth stage technology companies. The firm was founded with a mission to support visionary entrepreneurs on their journey to build impactful and enduring businesses.
News
November 30, 2023 |
November 30, 2023 |
Team (1)
| Name | Title | Contact |
|---|---|---|
| Lee Fixel | General Partner | 1 |
Portfolio (4)
| Startup | Status | Founded | Sector | Funding | |
|---|---|---|---|---|---|
 | flox | Active | 2021 | $27M | |
 | proteanTecs | Active | 2017 | $190M | |
 | Snyk | Active | 2015 | $1.2B | |
 | Navan | Active | 2015 | $1.31B |
Exits (6)
| Exit | Date | Consideration | |
|---|---|---|---|
| Snyk Startup Acquisition | 2021 | |
| Snyk Startup Acquisition | 2021 | |
| Navan Startup Acquisition | 2021 | |
| Snyk Startup Acquisition | 2021 | |
| Snyk Startup Acquisition | 2020 | |
| Snyk Startup Acquisition | 2019 |
Funding Rounds (6)
| Round | Date | Amount | Investors | |
|---|---|---|---|---|
| flox Series A | February 2023 | $16.5M | New Enterprise Associates, Addition, Hetz Ventures, Thomas Dohmke, Guy Podjarny, James Turnbull |
| Navan Series G | October 2022 | $154M | Andreessen Horowitz, Premji Invest, Base Partners, Elad Gil, Greenoaks, Zeev Ventures, Lightspeed Venture Partners, Addition |
| proteanTecs Funding Round | May 2022 | $45M | Addition |
| Snyk Series E | March 2021 | $175M | Tiger Global Management, Accel Partners, Addition, Boldstart Ventures, Canaan Partners, Coatue Management, GV, Salesforce Ventures, BlackRock, Citi Group |
| Navan Series E | January 2021 | $115M | Andreessen Horowitz, Zeev Ventures, Greenoaks, Lightspeed Venture Partners, Elad Gil, Addition |
| Snyk Series D | September 2020 | $200M | Addition |
Funds (1)
| Fund Name | Date Announced | Fund Size | |
|---|---|---|---|
 | ㅤAddition raises $1.3 billion | July 2020 | $1.3B |
Co-Investors (22)
| ㅤInvestor Name | Investor Type | Location | Portfolio | |
|---|---|---|---|---|
 | ㅤLightspeed Venture Partners | Venture Capital | United States | 46 |
 | ㅤAccel Partners | Venture Capital | United States | 27 |
 | ㅤCanaan Partners | Venture Capital | United States | 10 |
 | ㅤZeev Ventures | Venture Capital | Israel | 35 |
 | ㅤHetz Ventures | Venture Capital | Israel | 24 |
 | ㅤSalesforce Ventures | Corporate Venture Capital | United States | 19 |
 | ㅤBoldstart Ventures | Venture Capital | United States | 10 |
 | ㅤNew Enterprise Associates | Venture Capital | United States | 10 |
 | ㅤTiger Global Management | Private Equity | United States | 34 |
 | ㅤAndreessen Horowitz | Venture Capital | United States | 16 |
 | ㅤCiti Group | Corporate Venture Capital | United States | 13 |
 | ㅤGuy Podjarny | Angel | Israel | 6 |
 | ㅤGreenoaks | Venture Capital | United States | 6 |
| ㅤAddition | Venture Capital | United States | 4 |
 | ㅤThomas Dohmke | Angel | 1 | |
 | ㅤJames Turnbull | Angel | 1 | |
 | ㅤGV | Corporate Venture Capital | United States | 9 |
 | ㅤCoatue Management | Venture Capital | United States | 10 |
 | ㅤBlackRock | Investment Firm | United States | 7 |
 | ㅤElad Gil | Angel | 3 | |
 | ㅤBase Partners | Venture Capital | United Kingdom | 2 |
 | ㅤPremji Invest | Family Office | United States | 1 |
Investment Summary
Investment Pace
Stage Focus
Focus
Venture Capital
Investor Type
