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nd Slovakia. 4 CONFIDENTIAL 8 TRADE SECRET I C-7 EFTA00609572 PORTFOLIO / BREATHER Breather - Private Office Space on Demand Brier Description Breather operates a marketplace for branded, high- design, private office spaces that fill a need for a short term. quiet place to work. meet or relax. Breat
CONFIDENTIAL 8 TRADE SECRET I C-II EFTA00609576 PORTFOLIO / GRANIFY Granify - Machine Learning for Maximizing Online Revenue Brier Description Granify is a marketing automation company that drives ecommerce conversion by analyzing the digital body language of online shoppers and determining what i
nvestment: $20M Current Company Valuation: $1.7B Other Key Investors: IA Ventures, Andreessen-Horowitz, IVP VALAR I EFTA00810263 *breather Breather operates a network of private, professional meeting rooms designed for work, meetings and to focus. Headquarters: New York City & Montreal Vala
estment: $28M Current Company Valuation: $37M Other Key Investors: Khosla Ventures, BoxGroup, Allen & Company VALAR I EFTA00810268 granify Granify maximizes revenue for online retailers by identifying shoppers that aren't going to buy and changing their mind while they're still on the site by
. An update on these major investments — and a few notes on some of the Fund's smaller investments - follows. In our last update, we announced that Breather had raised a Series C round led by Venky Ganesan of Menlo Ventures in November 2016. Google Ventures subsequently invested $5 million at the beginn
r and larger size deals it hopes to close this year. 3 I CONFIDENTIAL & TRADE SECRET VALAR EFTA00810513 VALAR SUMMER 2017 UPDATE Fund 2 Review Granify has continued to solidify its enterprise sales team and revenue has started showing the results of the effort to improve their sales capability that
Entities connected to both Breather and Granify

Prince Andrew
PERSON
Woody Allen
PERSONVALAR
ORGANIZATIONAllen & Company
ORGANIZATIONValar Ventures Management LLC
ORGANIZATION
Fidelity
ORGANIZATION
Peter Thiel
PERSON
Max Levchin
PERSONWellington Partners
ORGANIZATIONMenlo Ventures
ORGANIZATIONQonto
PERSON
Montreal
LOCATION
Thiel Capital
ORGANIZATIONSilicon Valley
LOCATION
Khosla Ventures
ORGANIZATIONRibbit Capital
ORGANIZATION
Toronto
LOCATION
United States
LOCATIONTransferWise
ORGANIZATIONClarium
ORGANIZATION