
Tensility Venture Partners
Description
Tensility Venture Partners is a Chicago-based venture capital firm that specializes in early-stage enterprise software companies. The firm primarily invests in Seed and Series A rounds, focusing on sectors critical to modern business infrastructure. Their investment thesis is centered on identifying and partnering with founders building innovative solutions in areas such as Cybersecurity, Digital Health, Vertical SaaS, AI/ML, and Data Infrastructure. Tensility emphasizes a collaborative approach, aiming to provide not just capital but also strategic guidance and operational support to their portfolio companies.
Tensility Venture Partners typically deploys initial checks ranging from $500,000 to $2,000,000. This range allows them to participate meaningfully in early funding rounds while reserving capital for follow-on investments as their portfolio companies grow. The firm is known for its hands-on engagement, leveraging the team's deep industry expertise to help founders navigate challenges and accelerate growth within their respective markets. Their commitment extends beyond the initial investment, fostering long-term relationships with the teams they back.
Since its inception, Tensility has demonstrated a consistent ability to raise capital and deploy it strategically. The firm successfully closed its first fund, Tensility Venture Partners Fund I, at $30 million in 2019. Building on this momentum, they announced their second fund, Tensility Venture Partners Fund II, targeting $75 million in 2022, indicating a significant expansion of their investment capacity. Across their funds, Tensility has raised over $100 million and has built a diverse portfolio of more than 37 companies, reflecting their active participation in the early-stage enterprise software ecosystem.
Investor Profile
Tensility Venture Partners has backed more than 28 startups, with 2 new investments in the last 12 months alone. The firm has led 3 rounds, about 11% of its total and boasts 0 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series B rounds (top funding stages).
- Majority of deals are located in United States, Canada.
- Strong thematic focus on Software, Machine Learning, Artificial Intelligence (AI).
- Typical check size: $500K – $2M.
Stage Focus
- Seed (57%)
- Series A (25%)
- Series B (7%)
- Convertible Note (7%)
- Series Unknown (4%)
Country Focus
- United States (93%)
- Canada (7%)
Industry Focus
- Software
- Machine Learning
- Artificial Intelligence (Ai)
- Information Technology
- Data Integration
- Saas
- Supply Chain Management
- Natural Language Processing
- Health Care
- Wellness
Frequently Asked Questions
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