About Coral Group
Coral Group is a venture capital firm founded in 1992. It is primarily based out of Jackson, United States. As of Feb 2022, Coral Group has invested in 31 companies. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Enterprise Infrastructure. Most recently it participated in the $***** Series A round of Maverick Overall, Coral Group portfolio has seen 3 IPOs and 18 acquisitions including key companies like Calix, Fon and Ebix. A lot of funds co-invest with Coral Group, with names like Atomico sharing a substantial percentage of its portfolio. Coral Group has team of 4 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series C & 3 more
Portfolio IPOs
Portfolio Soonicorns
Coral Group's List of Top Investments
Coral Group has a portfolio of 31 companies. Their most notable investments are in Exanet and Picolight.Their portfolio spans across United States, Israel, Poland and 2 more locations. They have invested in Enterprise Applications, High Tech, Enterprise Infrastructure and 13 other sectors, across stages such as Series A, Series C and 3 more. Here is the list of top investments by Coral Group:1. Calix
Provider of communication equipment. Its product portfolio includes fiber access, copper access, broadband access, IPTV, VOIP, GPON, and active ethernet. It provides software solutions that include cloud-based software applications for visibility and control to command the broadband experience for subscribers.
Key facts about Calix
- Founded Year: 1999
- Location: Petaluma (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $108M
- Employee Count: 2,501 as on May 31, 2026
- Investors: Western Technology Investment, Meritech and 17 Others
- Latest Funding Round: Post IPO, Jun 26, 2026, $*****
- Highlight: Public
2. Fon
Online platform for sharing personal Wi-Fi network using a router. The platform allows people to share a bit of their home-wifi, in return, they get free access to Fon hotspots all over the world. People can share their wifi using the Fon wifi router to connect to their broadband connection. People who need to access wifi have to buy a network pass. It also provides a mobile app that connects to any Fon wifi hot spot automatically. It is present in multiple locations.
Key facts about Fon
- Founded Year: 2006
- Location: Madrid (Spain)
- Stage: Acquired
- Total Funding till date: $71.7M
- Employee Count: 194 as on May 31, 2026
- Investors: Allen & Company, Google and 13 Others
- Latest Funding Round: Grant (prize money), Jul 01, 2018, $*****
- Highlight: Acquired
3. Ebix
Ebix provides a SaaS-based software suite for the insurance industry. It offers solutions for policy management, claims administration, insurance underwriting, insurance quoting, sales & marketing, and more. It also offers software for the certificate of insurance management, certificate tracking, back office management, CRM, distribution management, and more.
Key facts about Ebix
- Founded Year: 1976
- Location: Atlanta (United States)
- Annual Revenue: $1B+ as on Dec 31, 2022
- Last Known Valuation: $*****
- Stage: Acquired
- Employee Count: 1,751 as on May 31, 2026
- Investors: Coral Group
- Latest Funding Round: Post IPO, Oct 01, 2009, $*****
- Highlight: Acquired
4. SugarSync
SugarSync is a powerful data sync, file sharing and online backup solution ideal for professionals and digitally-connected consumers. It enables users to access files and documents across all of their devices, including desktops, laptops and mobile devices. Brands such as Lenovo, Fujitsu, SanDisk, France Telecom-Orange, SoftBank Mobile, Staples and more have selected SugarSync as a partner to bring cloud storage and file sharing services to them.
Key facts about SugarSync
- Founded Year: 2008
- Location: San Mateo (United States)
- Stage: Acquired
- Total Funding till date: $35M
- Employee Count: 15 as on May 31, 2026
- Investors: Hercules Capital, ORIX and 7 Others
- Latest Funding Round: Venture Debt, Nov 2013, $*****
- Highlight: Acquired
5. AeroScout
Cloud-based real time location system, asset and fleet management solutions. It offers Wi-Fi-based Solutions for RTLS, RFID, Wireless Sensors, and Telemetry in order to track and monitor the location, condition, and status of remote assets. It also offers workforce safety and visitor management, video surveillance, security monitoring, etc. It caters to industries such as aerospace, automotive, mining, oil & gas, pharmaceutical, semiconductor, healthcare, etc.
Key facts about AeroScout
- Founded Year: 1999
- Location: Rehovot (Israel)
- Stage: Acquired
- Total Funding till date: $37M
- Employee Count: 51 as on May 31, 2026
- Investors: Western Technology Investment, Cisco Investments and 14 Others
- Latest Funding Round: Series D, Nov 04, 2010, $*****
- Highlight: Acquired
Coral Group's Year-on-Year Investment Trends
Coral Group has invested in 31 companies over the last 26 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in Maverick and most recent follow-on round was in Fon.Coral Group's Investments by Stage
Coral Group has made 2 investments in Series A stage with an average round size of $10.5M, 2 investments in Series C stage with an average round size of $11.8M, 2 investments in Series D stage with an average round size of $26M, 1 investment in Series B stage with an average round size of $15M and 1 investment in Series E stage with an average round size of $13M.Stage of entry | No. of Investments |
|---|---|
Series A | 2 |
Series C | 2 |
Series D | 2 |
Series B | 1 |
Series E | 1 |
Note: We have considered here, only first round of investments
Coral Group's Investments by Sector
Coral Group has a diverse portfolio, with companies operating in the Enterprise Applications, Telecom, Blockchain - Industry Applications, Blockchain Technology and Consumer Goods. Notably, it has invested in 22 Enterprise (B2B) companies, 18 Tech companies, 12 Software companies and at least 6 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 2 |
Telecom | 2 |
Blockchain - Industry Applications | 1 |
Blockchain Technology | 1 |
Consumer Goods | 1 |
Others | 5 |
Note: We have considered here, only first round of investments
Coral Group's Investments by Geography
Coral Group has made most investments in United States (5), followed by Israel where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 5 |
Israel | 1 |
Singapore | 1 |
Spain | 1 |
Note: We have considered here, only first round of investments
Coral Group's recent investments
Coral Group has not made any investment in 2026 so far.Here are the most recent investments by Coral Group:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 15, 2022 | Singapore | Series A | 9619 | [+10] | |
Jan 20, 2014 | Spain | Series D | 8020 | [+4] | |
Feb 29, 2012 | United States | Series D | 6061 | [+2] | |
Feb 16, 2011 | Spain | Series C | 9457 | ||
Nov 08, 2010 | United States | Series D | 3229 | [+5] |
IPOs and Publicly Listed companies in Coral Group's Portfolio
3 of Coral Group's portfolio companies have become public. eo Networks SA got listed on the Warsaw Stock Exchange (WSE), in May 2018 and Calix got listed on the New York Stock Exchange (NYSE) at marketcap of $472M.Here are Coral Group's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 15, 2018 | - | - | 8384 | |
Mar 24, 2010 | - | - | 3070 | |
- | - | - | 3624 |
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Acquired companies in Coral Group's Portfolio
18 companies from Coral Group's portfolio have been acquired. The most recent acquisition was Ebix in Aug 2024 by Eraayalife for $*****.Here are Coral Group's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 30, 2024 | - | - | 4305 | |
Apr 19, 2021 | Feb 16, 2011 | Series C | 8842 | |
Mar 26, 2018 | Jun 16, 2000 | Series B | 8703 | |
Mar 06, 2018 | - | - | 4062 | |
Nov 17, 2016 | Nov 08, 2010 | Series D | 6718 |
Team profile of Coral Group
Coral Group has a team of 4 members including 3 Partners located in India, Russia and 1 more location. Coral Group's team does not sit on the board of any company as of now.Here is a list of all team members in Coral Group:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | India | - | - | |
Partner | Moscow | - | - | |
Partner | Spain | - | - |
Co-investors of Coral Group
Over the past 26 years, 61 investors have co-invested in Coral Group's portfolio companies. This includes funds and angels.
- Invested before Coral Group: Index Ventures, Google and 17 others have invested in rounds before Coral Group. There is 1 company where Index Ventures has invested before Coral Group and 1 company where Google has invested before Coral Group.
- Top Co-investors of Coral Group: 23 investors entered a company along with Coral Group. These include investors like Atomico (1 company).
- Invested after Coral Group: A total of 19 investors have invested in Coral Group's portfolio after their investments. Top Investors include ORIX (2 companies), Deutsche Telekom (1 company) and Qualcomm Ventures (1 company).
Recent News related to Coral Group
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Two Extraordinary Golf Properties In Southwest Florida Tee Off A New Era In Par ExcellenceSOUTHWEST FLORIDA BUSINESS TODAY•Sep 25, 2023•Misty Creek, ITG, Coral Group
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Maverick Derivatives Protocol Raises $8 Million in Strategic Move Led by Pantera CapitalCoinspeaker•Feb 15, 2022•Maverick Derivatives, Pantera Capital, Altonomy, Circle Venture Capital and 10 others
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Fon Raises €10M in New Funding Led by Atomico | Business WireBusiness Wire•Feb 16, 2011•Fon, Atomico, Coral Group
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Delivery Agent Raises $25 Million - PE HubPE Hub•Sep 30, 2009•Delivery Agent, Focus Ventures, Deutsche Telekom Capital Partners, Coral Group and 4 others
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