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Oceans

North America, New York, United States, New York

Description

Oceans Ventures is an early-stage venture capital firm based in New York City, established in 2018. The firm strategically focuses on providing capital and support to startups primarily in Pre-Seed, Seed, and Series A funding rounds. Their investment mandate spans several high-growth sectors, including the Future of Work, Fintech, Healthcare, Consumer, and the evolving AI/Web3 landscape. Oceans Ventures emphasizes a partnership approach, aiming to provide comprehensive support beyond just financial investment to help their portfolio companies thrive.

Since its inception, Oceans Ventures has built a diverse portfolio, having invested in over 30 companies. The firm's typical initial check size ranges from $500,000 to $2,000,000, demonstrating their commitment to early-stage funding. They also reserve capital for follow-on investments, indicating a long-term commitment to supporting their most promising ventures through subsequent growth stages. Notable companies in their portfolio include Arc, a fintech platform, and Fathom, an AI-powered healthcare solution, both of which received early backing from Oceans Ventures.

Oceans Ventures operates through dedicated funds, including Oceans Ventures Fund I and Oceans Ventures Fund II, launched in 2018 and 2021 respectively, which underpin their investment activities. The firm's hands-on philosophy is geared towards offering strategic guidance and operational assistance to founders, aligning with their core mission of empowering startups. By positioning themselves as a collaborative partner, Oceans Ventures seeks to play a significant role in the development and scaling of innovative companies across their target industries.

Investor Profile

Oceans has backed more than 57 startups, with 2 new investments in the last 12 months alone. The firm has led 6 rounds, about 11% of its total and boasts 3 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
  • Majority of deals are located in United States, Spain.
  • Strong thematic focus on Software, Artificial Intelligence (AI), Information Technology.
  • Typical check size: $500K – $2M.

Stage Focus

  • Seed (74%)
  • Pre Seed (16%)
  • Series A (7%)
  • Series Unknown (2%)
  • Convertible Note (2%)

Country Focus

  • United States (96%)
  • Spain (4%)

Industry Focus

  • Software
  • Artificial Intelligence (Ai)
  • Information Technology
  • Internet
  • Machine Learning
  • Health Care
  • Finance
  • Saas
  • Analytics
  • Natural Language Processing
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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 Oceans frequently co-invest with?

K50 Ventures
North America, New York, United States, New York
Co-Investments: 3
South Park Commons
North America, California, United States, San Francisco
Co-Investments: 3
Lorimer Ventures
North America, New York, United States, Brooklyn
Co-Investments: 4
City Light Capital
North America, New York, United States, New York
Co-Investments: 4
BoxGroup
North America, New York, United States, New York
Co-Investments: 3
Pareto Holdings
North America, Florida, United States, Miami
Co-Investments: 4
Operator Partners
North America, New York, United States, New York
Co-Investments: 4
Red & Blue Ventures
North America, Pennsylvania, United States, Philadelphia
Co-Investments: 3
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 7
Ridge Ventures
North America, California, United States, San Francisco
Co-Investments: 4

Which angels does Oceans often collaborate with?

Daniel Schulman
North America, California, United States, San Jose
Shared Deals: 1
Shared Deals: 1
ZW
North America, New York, United States, New York
Shared Deals: 2
EL
North America, Florida, United States, Miami Beach
Shared Deals: 3
MM
North America, Utah, United States, Salt Lake City
Shared Deals: 1
AW
North America, New York, United States, New York
Shared Deals: 1
NB
North America, Florida, United States, Miami
Shared Deals: 2
RW
North America, Utah, United States, Salt Lake City
Shared Deals: 1
BL
North America, Texas, United States, Austin
Shared Deals: 2
AS
North America, Utah, United States, Farmington
Shared Deals: 1

What are some of recent deals done by Oceans?

Workgrounds

Remote, Oregon, United States

Workgrounds is automates the process of booking and managing hotel room blocks for companies.

Artificial Intelligence (AI)Data ManagementTravel
Pre SeedNov 5, 2024
Amount Raised: $2,600,000
Arya Health

New York, New York, United States

Arya Health is a healthcare workforce automation technology that aims to improve how healthcare firms manage their workers.

Information TechnologyInternet
SeedSep 24, 2024
Amount Raised: $4,000,000
Etched.ai

San Francisco, California, United States

Etched.ai is an AI chip startup that develops Sohu, a chip designed specifically for running transformer models.

Artificial Intelligence (AI)ComputerHardware
Series AJun 25, 2024
Amount Raised: $120,000,000
Hark

New York, New York, United States

Hark make the authentication process frictionless and bring video to life as the first step in the CX journey.

Customer ServiceSoftware
SeedJun 17, 2024
Amount Raised: $3,500,000
Arya

Philadelphia, Pennsylvania, United States

Infrastructure for next-gen workforce ops

Internet
SeedMay 24, 2024
Amount Raised: $4,000,000
dataroomHQ

Holmdel, New Jersey, United States

dataroomHQ provides the blueprint for efficient growth, allowing SaaS companies to do more with less.

FinanceMachine LearningSaaS
SeedFeb 6, 2024
Amount Raised: $3,500,000
AgentAI

Los Angeles, California, United States

AI-Powered automation of the most time-consuming, and resource-draining tasks in Medical Billing.

Artificial Intelligence (AI)Health CareInformation Technology
Pre SeedFeb 2, 2024
Amount Raised: $1,850,000
OurSky

Santa Monica, California, United States

OurSky is a developer platform for space applications that provides observational data and analysis of objects and activities in space.

AnalyticsDeveloper APIsSoftware
SeedDec 6, 2023
Amount Raised: $9,500,000
dataroomHQ

Holmdel, New Jersey, United States

dataroomHQ provides the blueprint for efficient growth, allowing SaaS companies to do more with less.

FinanceMachine LearningSaaS
SeedApr 17, 2023
Amount Raised: $3,960,000
Lighthouse

San Francisco, California, United States

Lighthouse is a rental app where every property offers rewards for renting.

AppsBuilding MaintenanceCommercialProperty InsuranceReal EstateRental Property
SeedJan 1, 2023