
PivotNorth Capital
Description
PivotNorth Capital is a Menlo Park-based venture capital firm established in 2013, specializing in early-stage investments within the enterprise software sector. The firm primarily targets Seed and Series A rounds, focusing on companies that are building the next generation of B2B software solutions. Their investment thesis centers on areas such as SaaS, cloud infrastructure, artificial intelligence, and machine learning, seeking out innovative technologies that address critical business needs.
The firm distinguishes itself through a deep understanding of the enterprise software landscape, leveraging the extensive operational and investment experience of its founding partners, Tim McAdam and David Chase. They are known for their hands-on approach, providing strategic guidance and leveraging their network to support portfolio companies through critical growth phases. PivotNorth Capital aims to be a lead or co-lead investor, actively partnering with founders from the earliest stages to help scale their businesses and achieve market leadership.
PivotNorth Capital has built a robust portfolio of over 40 investments, demonstrating a strong track record of identifying and nurturing promising enterprise technology companies. Notable successes include Apptio, which went public, and Gainsight and UserTesting, both of which achieved successful acquisitions. Their typical initial investment ranges from $1,000,000 for Seed rounds up to $10,000,000 for Series A, reflecting their commitment to providing substantial early capital to high-potential ventures. This focused strategy and experienced team position PivotNorth Capital as a significant player in the Silicon Valley early-stage enterprise software investment ecosystem.
Investor Profile
PivotNorth Capital has backed more than 63 startups, with 2 new investments in the last 12 months alone. The firm has led 21 rounds, about 33% of its total and boasts 11 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
- Majority of deals are located in United States.
- Strong thematic focus on Software, E-Commerce, SaaS.
- Led 2 rounds in the past year.
- Typical check size: $1M – $10M.
Stage Focus
- Seed (38%)
- Series A (22%)
- Series Unknown (11%)
- Series B (10%)
- Pre Seed (8%)
- Series C (6%)
- Convertible Note (2%)
- Angel (2%)
- Series E (2%)
Country Focus
- United States (100%)
Industry Focus
- Software
- E-commerce
- Saas
- Delivery
- Artificial Intelligence (Ai)
- Analytics
- Marketplace
- Machine Learning
- Mobile
- Internet
Frequently Asked Questions
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