McLean venture firm Lavrock Ventures is raising a new $75 million fund, according to Securities and Exchange Commission filings.
The fund would be the firm’s second; it raised a $25 million fund in 2016. That fund has invested in 11 companies, including risk management and data collection firm Sayari and hyperlocal market data research firm Native.
Lavrock typically makes investments of between $1 million and $3 million per company, and does not limit itself geographically, with investments in Europe, Canada and across the United States.
The firm's website says its investors "find and filter opportunities by using the lens of the NatSec ecosystem," — Native is a good example of this, with a network of on-the-ground people conducting market research in hard-to-reach places. Lavrock's companies also frequently have a strong national security component, such as Graphika, which analyzes social media activity, or Sixgen, a cybersecurity firm that provides products and services to private and public-sector customers.
Lavrock Managing Partner Jim Hunt was a founding member of Blu Venture Investors angel investment group, the chairman of video management software company VideoNEXT and a director at education software company Interfolio Inc.
General Partner Stephen Smoot was a founding member of NextGen Venture Partners and is a former vice president at Blu Venture Investors. General Partner Daniel Hanks co-founded of SnapDash and is the former head of corporate strategy and planning at The Teaching Co., as well as a former senior associate at JMI Equity.
