Clearstone tends to invest big in the startups they take on, with 93 investments in just 49 companies. Founder Bill Elkus isn’t above making private angel investments in projects that might not suit the fund’s goals, but that which he believes in himself.
The company has a huge network they can tap into including investors and investment firms all over the United States. JP Morgan, Moore Capital and several state funds from Michigan, Pittsburgh and California. The firm and its partners laser focus on each startup they get involved with including offering mentoring, audits, and training to startup founders and their teams. Companies Clearstone has invested in include: eToys, Overture, PayPal, United Online, MP3.com, Jump, Soonr, Games2Win, Rubicon Project, Apture, Leisure Link, Communicado, eMusic, along with a private angel investment in Glossi Ink, just to name a few.
Funds raised / currently managed: ~ $650 billion
Focus industries: Software, mobile, security.