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Venture Capital

SeaChange Fund

SeaChange Fund backs early-stage and high-growth companies, typically pre-profit, from United States. It states a focus on energy & utilities, financial services, healthcare & life sciences and industrials & manufacturing.

Capital raised$12macross 4 SEC-filed vehicles
Most recent fund2022filing since 2019
HeadquartersUnited States
Largest single fund$6m

SEC filings

What SeaChange Fund has raised

From this firm's own Form D filings. A fund files one within fifteen days of its first sale, under penalty of perjury, which makes these the hardest numbers on the page.

Vehicles filed4
Total capital raised$12m
Largest single vehicle$6m
Filing history2019 to 2022
Smallest accepted commitmentNone stated
Filed fromWASHINGTON

Form D covers US-domiciled vehicles raised from accredited investors. It will not capture a fund raised outside the United States, separately managed accounts, or capital deployed off balance sheet, so treat these as a floor rather than a total.

Portfolio

Disclosed holdings

Companies SeaChange Fund lists on its own website. No investment years are published.

CompanyInvestedYears heldRecorded transaction
60 Hertz
Atomic Alchemy
Bigleaf Networks
Bio
Boltive
Borderless
Buildpulse
Buildpulse Singletto Nortis Bio
C-SATS
CalmWave
Cleary
Creator
DeepSurface
DocEquity
Examind AI
Exit Cardiac Insight Inc
Exit Lockstep
Factal
Format Health
Give InKind
Keepe
KredosAI
Lynk
Matcherino
Medcurity
Membrion
Nortis
Olis Robotics
OpenTug
Osyte
OtoNexus
Payscore
Ph7
Prescryptive
Roby
Salezilla
Scener
Secure
Singletto
Slumberkins
Spiral Genetics
StepChange Data Inc
Strive
Tend
Thrive Causemetics
TipHaus
Utrip
Violet
Vouched
Wokelo AI
Yesler

Compiled from SeaChange Fund’s published portfolio page. Where a recorded transaction is shown, that company was the target of a reported deal and has most likely already been realised. Nothing here is represented as being for sale.

Valuation context

Transaction values in Energy & Utilities

What companies have actually sold for in energy & utilities, across 584 recorded transactions.

Median consideration$180m
Middle 50%$45m-$420m
Revenue multiple1.4×
EBITDA multiple7.1×

The full energy & utilities picture - most active acquirers, recent transactions and every investor in the sector.

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Comparable investors

Similar mandates

Other venture capital investors active in energy & utilities.