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Sycamore Ventures

North America, New Jersey, United States, Princeton

Description

Sycamore Ventures is a dedicated early-stage venture capital firm headquartered in Princeton, New Jersey, focusing on the burgeoning technology sector. The firm primarily targets innovative companies that have moved beyond the conceptual phase, possessing a working prototype or product and demonstrating initial customer traction. Their investment philosophy centers on providing capital to enable these promising startups to scale their operations and achieve significant market penetration. Sycamore Ventures positions itself as a strategic partner, offering more than just financial backing but also guidance to navigate the complexities of growth.

The firm exhibits a clear preference for investments within the software, internet, and healthcare IT domains, reflecting a strategic alignment with high-growth, transformative technologies. Their portfolio showcases a diverse range of companies that leverage technology to disrupt traditional industries or create entirely new markets. For instance, they have backed companies like VideaHealth, which utilizes AI for dental diagnostics, and TraceLink, a leading provider of digital supply chain networks for the life sciences industry. This sector-specific focus allows Sycamore Ventures to apply deep industry knowledge and provide tailored support to its portfolio companies.

Sycamore Ventures has a notable track record of active participation in early-stage funding rounds. According to available data, the firm has made a total of 18 investments across various technology companies since its inception. A significant portion of this activity, specifically 13 of these investments, has been in early-stage venture rounds, with an additional 2 investments in seed rounds, underscoring their commitment to nurturing companies from their foundational stages. While the firm typically participates in rounds, they have also taken on a lead investor role in at least one instance, demonstrating their capacity to anchor significant funding initiatives.

Their typical first check sizes align with their early-stage focus, generally ranging from $500,000 to $5,000,000. This range allows them to support companies from their initial growth spurts (seed stage) through more substantial Series A funding rounds, where capital is crucial for product development, market expansion, and team building. Sycamore Ventures aims to be a foundational investor, helping to lay the groundwork for long-term success for the innovative companies they back.

Investor Profile

Sycamore Ventures has backed more than 34 startups, with 0 new investments in the last 12 months alone. The firm has led 3 rounds, about 9% of its total and boasts 12 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series Unknown, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, China, India.
  • Strong thematic focus on Medical Device, Health Care, Software.
  • Typical check size: $500K – $5M.

Stage Focus

  • Series Unknown (38%)
  • Series A (21%)
  • Series B (18%)
  • Series C (9%)
  • Series D (6%)
  • Series E (3%)
  • Post Ipo Debt (3%)
  • Debt Financing (3%)

Country Focus

  • United States (85%)
  • China (9%)
  • India (6%)

Industry Focus

  • Medical Device
  • Health Care
  • Software
  • Manufacturing
  • Enterprise Software
  • Facility Management
  • Mobile
  • Saas
  • E-commerce
  • Internet
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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 Sycamore Ventures frequently co-invest with?

Galen Partners
North America, Connecticut, United States, Stamford
Co-Investments: 4
Harbinger Ventures
North America, California, United States, Cupertino
Co-Investments: 5
Sierra Ventures
North America, California, United States, San Mateo
Co-Investments: 5
PTV Healthcare Capital
North America, Texas, United States, Austin
Co-Investments: 3
Aperture Venture Partners
North America, New York, United States, New York
Co-Investments: 2
Amicus Capital
North America, California, United States, San Francisco
Co-Investments: 5
MDS Capital
North America, New York, United States, New York
Co-Investments: 3
WI Harper Group
North America, California, United States, San Francisco
Co-Investments: 4
Amkey Ventures
North America, California, United States, Fremont
Co-Investments: 5
Asset Management Ventures (AMV)
North America, California, United States, Palo Alto
Co-Investments: 4

Which angels does Sycamore Ventures often collaborate with?

DO
North America, United States
Shared Deals: 1
GM
North America, California, United States, Beverly Hills
Shared Deals: 1
PC
North America, California, United States, Redwood City
Shared Deals: 1
MK
North America, New York, United States, New York
Shared Deals: 1

What are some of recent deals done by Sycamore Ventures?

Express

Columbus, Ohio, United States

Express is a specialty apparel and accessory retailer offering both women and men's merchandise.

ApparelE-CommerceFashionRetail
Post Ipo DebtJan 14, 2021
Amount Raised: $140,000,000
RedPoint Global

Wellesley, Massachusetts, United States

RedPoint Global is a software company that develops marketing software for business-to-consumer companies.

AdvertisingB2CData IntegrationMarketingSoftware
Series UnknownJul 14, 2014
Amount Raised: $5,249,999
Apexigen

San Carlos, California, United States

Apexigen is a clinical-stage biopharmaceutical company focused on discovering and developing a new antibody therapeutics for oncology.

BiopharmaBiotechnologyHealth CareOncologyPharmaceutical
Series AAug 6, 2013
Amount Raised: $20,000,000
Cardiva Medical

Sunnyvale, California, United States

Cardiva Medical is focused on developing and commercializing vascular closure technology to help the body heal.

Health CareManufacturingMedical Device
Series UnknownAug 9, 2012
Cardiva Medical

Sunnyvale, California, United States

Cardiva Medical is focused on developing and commercializing vascular closure technology to help the body heal.

Health CareManufacturingMedical Device
Series UnknownApr 25, 2011
Amount Raised: $7,450,000
U-Systems

Sunnyvale, California, United States

U-Systems develops the Automated breast ultrasound technology.

MedicalMedical Device
Series UnknownMar 25, 2010
Amount Raised: $6,500,000
VNR Infrastructures

Hyderabad, Andhra Pradesh, India

VNR Group involves in development projects in the sectors of railways, irrigation, aviation, logistics and power.

InfrastructureLogisticsSupply Chain Management
Series UnknownMar 1, 2009
Amount Raised: $3,992,727
Cardiva Medical

Sunnyvale, California, United States

Cardiva Medical is focused on developing and commercializing vascular closure technology to help the body heal.

Health CareManufacturingMedical Device
Series DMay 5, 2008
Amount Raised: $15,500,000
VNR Infrastructures

Hyderabad, Andhra Pradesh, India

VNR Group involves in development projects in the sectors of railways, irrigation, aviation, logistics and power.

InfrastructureLogisticsSupply Chain Management
Series UnknownMar 1, 2008
Amount Raised: $5,047,562
U-Systems

Sunnyvale, California, United States

U-Systems develops the Automated breast ultrasound technology.

MedicalMedical Device
Series UnknownJun 27, 2007
Amount Raised: $16,500,000