Project 11 Ventures

Project 11 Ventures is a Boston-based venture capital firm renowned for its focus on early-stage technology and software companies. Co-founded and led by managing partners Katie Rae and Reed Sturtevant, the firm positions itself as a hands-on partner, working closely with founders from the seed stage to help build and scale their businesses. Their investment philosophy emphasizes deep collaboration and strategic guidance, aiming to provide more than just capital to their portfolio companies.

The firm primarily targets seed-stage opportunities, seeking innovative startups with strong potential for disruption and growth within the tech and software sectors. Project 11 Ventures is known for writing initial checks typically ranging from $750,000 to $1.5 million. This focused approach allows them to engage deeply with a select number of promising ventures, helping them navigate the critical early phases of development and market entry. Their commitment extends beyond the initial investment, often participating in follow-on rounds to support their portfolio companies' continued expansion.

With their most recent fund, Seed Fund III, closing at $100 million, Project 11 Ventures has demonstrated significant capacity to back emerging tech companies. Over its operational history, the firm has built an extensive portfolio, having made over 110 investments and facilitated more than 10 successful exits. This track record underscores their strategic acumen and their integral role in fostering the vibrant startup ecosystem in Boston and beyond. Their consistent presence and active involvement make them a notable player for early-stage founders seeking experienced venture partners.