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Rittenhouse Ventures

North America, Pennsylvania, United States, Philadelphia

Description

Rittenhouse Ventures is a Philadelphia-based venture capital firm specializing in early-stage B2B software companies. The firm primarily targets businesses operating within the healthcare, financial services, and broader business services sectors, seeking to partner with innovative companies that leverage advanced software solutions to drive growth and efficiency. Their investment strategy focuses on providing not only capital but also strategic guidance and operational support to help portfolio companies scale effectively.

The firm typically engages in Series A and Series B funding rounds, identifying companies with proven products and initial market traction. Rittenhouse Ventures is known for its hands-on approach, working closely with founders to navigate challenges and capitalize on opportunities in their respective markets. They aim to build long-term relationships, leveraging their deep industry expertise and network to foster the success of their portfolio.

Regarding their investment quantum, Rittenhouse Ventures makes initial investments that typically range from $2 million to $5 million. This indicates their commitment to providing substantial early-stage capital. Furthermore, the firm often takes a leading or co-leading role in funding rounds, which can range from $5 million to $15 million, demonstrating their capacity to anchor significant financing efforts for their portfolio companies. This strategic positioning allows them to exert meaningful influence and provide robust support throughout a company's growth trajectory.

Investor Profile

Rittenhouse Ventures has backed more than 34 startups, with 1 new investments in the last 12 months alone. The firm has led 14 rounds, about 41% of its total and boasts 12 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series Unknown, Series B rounds (top funding stages).
  • Majority of deals are located in United States, The Netherlands.
  • Strong thematic focus on Software, Health Care, Analytics.
  • Typical check size: $2M – $5M.

Stage Focus

  • Series A (38%)
  • Series Unknown (29%)
  • Series B (12%)
  • Series C (12%)
  • Seed (9%)

Country Focus

  • United States (91%)
  • The Netherlands (9%)

Industry Focus

  • Software
  • Health Care
  • Analytics
  • Saas
  • Information Technology
  • Enterprise Software
  • Service Industry
  • Advertising
  • Business Intelligence
  • Artificial Intelligence (Ai)
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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 Rittenhouse Ventures frequently co-invest with?

Ben Franklin Technology Partners of Southeastern Pennsylvania
North America, Pennsylvania, United States, Philadelphia
Co-Investments: 4
Innovation Ventures
North America, Delaware, United States, Wilmington
Co-Investments: 2
Magma Venture Partners
Asia, Tel Aviv, Israel, Tel Aviv
Co-Investments: 2
Armory Square Ventures
North America, New York, United States, Syracuse
Co-Investments: 2
Updata Partners
North America, District of Columbia, United States, Washington
Co-Investments: 2
Sinai Capital Partners
North America, New York, United States, New York
Co-Investments: 2
Pitango VC
Asia, Tel Aviv, Israel, Herzliya
Co-Investments: 2
Primary Venture Partners
North America, New York, United States, Manhattan
Co-Investments: 2
Triangle Peak Partners
North America, California, United States, Palo Alto
Co-Investments: 2
RRE Ventures
North America, New York, United States, New York
Co-Investments: 2

Which angels does Rittenhouse Ventures often collaborate with?

Eyal Gura
Asia, Israel
Shared Deals: 1
TK
Europe, The Netherlands
Shared Deals: 1
Deborah Quazzo
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Rittenhouse Ventures?

Pieces

Irving, Texas, United States

Pieces is a healthcare artificial intelligence and technology company.

Artificial Intelligence (AI)Enterprise SoftwareHealth CareHospitalMachine LearningReal Time
Series UnknownSep 10, 2024
Amount Raised: $25,000,000
Piano

Amsterdam, Noord-Holland, The Netherlands

Piano helps organizations understand and influence customer behavior through one complete platform.

AnalyticsSaaSSoftware
Series CDec 22, 2021
Amount Raised: $20,000,000
Piano

Amsterdam, Noord-Holland, The Netherlands

Piano helps organizations understand and influence customer behavior through one complete platform.

AnalyticsSaaSSoftware
Series CFeb 23, 2021
Amount Raised: $20,000,000
Cecelia Health

New York, New York, United States

Cecelia Health is a health-tech company that connects clinical coaching and proprietary technology with people living with diabetes.

DiabetesHealth CareWellness
Series BAug 13, 2020
Amount Raised: $13,000,000
VIDA

Coralville, Iowa, United States

VIDA is modernizing lung and respiratory care through intelligence

Artificial Intelligence (AI)BiotechnologyHealth CareHealth DiagnosticsMedicalMedical Device
Series CMar 12, 2020
Amount Raised: $11,000,000
HRsoft

Denver, Colorado, United States

HRsoft is the trusted global leader in compensation management software .

Human ResourcesSoftware
Series UnknownDec 16, 2019
Amount Raised: $1,000,000
Prosperoware

Bala Cynwyd, Pennsylvania, United States

Prosperoware offers software solutions that tackle challenges of project-based organizations relates to provisioning & governance.

InsuranceLegalPharmaceuticalProfessional ServicesSoftwareWeb Development
Series UnknownMay 14, 2018
Amount Raised: $1,510,000
SquareFoot

New York, New York, United States

SquareFoot is a marketplace that helps companies find office spaces.

Commercial Real EstateMarketplaceProperty ManagementPropTechReal EstateRentalRental Property
Series AApr 18, 2018
Amount Raised: $7,000,000
Inpensa

Edison, New Jersey, United States

Inpensa is a SaaS Technology company focusing on Business Case Management, ROI analysis, and benefits realization.

AnalyticsEnterprise SoftwareInformation TechnologySaaSSoftware
Series AMar 1, 2018
Amount Raised: $5,000,000
Energage

Exton, Pennsylvania, United States

The Energage platform helps you unleash performance and realize the full potential of your workforce.

Digital MediaOnline PortalsSaaSService Industry
Series UnknownOct 4, 2017
Amount Raised: $15,000,000