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CoVenture

North America, New York, United States, New York

Description

CoVenture is a prominent New York-based multi-strategy asset manager specializing in providing flexible capital solutions to technology-enabled companies across various sectors. Established with a unique approach, CoVenture distinguishes itself by offering both equity and debt financing, allowing it to support companies throughout different stages of their growth cycle. This hybrid model enables them to tailor investment structures, providing founders with bespoke capital solutions that might include venture equity, venture debt, or a combination of both, catering to specific operational and growth needs.

The firm primarily focuses on innovative businesses within high-growth sectors such as financial services, digital media, enterprise software, and platform economies. Their investment philosophy centers on identifying companies with strong unit economics, scalable business models, and experienced management teams. CoVenture's ability to deploy capital across the capital stack makes them a versatile partner, capable of participating in rounds from Seed to Series C and beyond, often serving as a long-term capital provider. They are known for their deep expertise in credit and venture capital, leveraging this dual capability to provide strategic value beyond just capital.

CoVenture manages over $2 billion in assets under management, reflecting its significant presence and capacity within the venture and growth capital landscape. Their typical initial equity investments range from $1 million to $10 million, targeting early to growth-stage companies seeking traditional venture capital. For more mature companies or those requiring non-dilutive financing, CoVenture's credit funds can deploy substantially larger amounts, with initial debt facilities often ranging from $5 million up to $50 million or more. This broad check size flexibility underscores their commitment to supporting a diverse range of companies, from nascent startups to established scale-ups, providing the right type of capital at the right time.

Investor Profile

CoVenture has backed more than 25 startups, with 1 new investments in the last 12 months alone. The firm has led 14 rounds, about 56% of its total and boasts 1 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Debt Financing, Series A, Seed rounds (top funding stages).
  • Majority of deals are located in United States, Mexico, United Kingdom.
  • Strong thematic focus on Financial Services, FinTech, Software.
  • Led 1 rounds in the past year.
  • Typical check size: $1M – $50M.

Stage Focus

  • Debt Financing (48%)
  • Series A (20%)
  • Seed (12%)
  • Series Unknown (8%)
  • Pre Seed (4%)
  • Series D (4%)
  • Series C (4%)

Country Focus

  • United States (76%)
  • Mexico (8%)
  • United Kingdom (8%)
  • Saudi Arabia (4%)
  • Spain (4%)

Industry Focus

  • Financial Services
  • Fintech
  • Software
  • E-commerce
  • Payments
  • Agriculture
  • Agtech
  • Farming
  • Finance
  • Saas
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does CoVenture frequently co-invest with?

Social Leverage
North America, Arizona, United States, Scottsdale
Co-Investments: 2
Red Bear Angels
North America, New York, United States, New York
Co-Investments: 2
F
North America, New York, United States, New York
Co-Investments: 1
II
North America, District of Columbia, United States, Washington
Co-Investments: 2
Crossbeam Venture Partners
North America, New York, United States, New York
Co-Investments: 4
Menlo Ventures
North America, California, United States, San Francisco
Co-Investments: 2
Moonshots Capital
North America, Texas, United States, Austin
Co-Investments: 2
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 1
Singh Capital Partners
North America, Maryland, United States, Potomac
Co-Investments: 2
Outlander Fund I Archimedes
North America, New York, United States, New York
Co-Investments: 2

Which angels does CoVenture often collaborate with?

AB
North America, Washington, United States, Bellevue
Shared Deals: 1
BB
North America, Texas, United States, Dallas
Shared Deals: 1
SG
North America, New York, United States, New City
Shared Deals: 1
SA
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by CoVenture?

LAWFTY

San Francisco, California, United States

LAWFTY is the first data-driven marketing platform for plaintiffs lawyers

Advertising PlatformsBig DataLegalMachine LearningSaaS
Debt FinancingOct 23, 2024
Amount Raised: $40,000,000
Digitt

Guadalajara, Jalisco, Mexico

Digitt creates equitable financial tools to combat predatory lending.

Financial ServicesFinTech
Debt FinancingJul 23, 2024
Amount Raised: $50,000,000
TruckSmarter

San Francisco, California, United States

Our mission is to empower truck drivers lives across the US through technology and grit.

Freight ServiceLogisticsTransportation
Debt FinancingJul 9, 2024
Amount Raised: $50,000,000
Citibox

Madrid, Madrid, Spain

A tech platform that solves the ecommerce delivery/return problem through a network of parcel lockers located inside residential buildings.

AppsE-CommerceEnterprise ApplicationsLast Mile TransportationLogisticsMobile AppsPropTechService Industry
Debt FinancingJul 2, 2024
Amount Raised: $85,764,213
Wonder brands

Mexico City, Distrito Federal, Mexico

LatAm’s Private Labels Power House: building the next-gen online brands for e-commerce.

Consumer GoodsE-Commerce
Series AAug 17, 2023
Amount Raised: $15,500,000
Tabby

Riyadh, Ar Riyad, Saudi Arabia

Tabby is a payments and shopping app that enables customers to make purchases and pay for them in installments.

BillingFinanceFinancial ServicesFinTechPayments
Debt FinancingMay 31, 2023
Amount Raised: $350,000,000
Threecolts

London, England, United Kingdom

The leader in cloud-based finance, shopper, and omnichannel solutions for the consumer goods industry.

Product ManagementRetail TechnologySalesSoftware
Series AMar 7, 2023
Amount Raised: $89,175,997
Consumer Edge

New York, New York, United States

Consumer Edge (CE) is a preeminent equity research and alternative data insights boutique focused on the global consumer sector.

ConsultingConsumer ResearchMarket Research
Series UnknownJan 12, 2023
Amount Raised: $60,000,000
VentureKite

Miami, Florida, United States

VentureKite is an innovative digital media company that builds, acquires, and operates high-value, user-centric brands.

Software
Debt FinancingNov 16, 2022
Amount Raised: $30,000,000
Nitra

New York, New York, United States

Nitra is overhauling the healthcare industry with radically efficient and transparent solutions - starting with spend management.

Financial ServicesHealth CareSoftware
Debt FinancingAug 23, 2022
Amount Raised: $45,000,000