
Acadian Ventures
Description
Acadian Ventures is a New York-based early-stage venture capital firm uniquely dedicated to investing in the future of work. Founded by managing partner Ryan Sweeney, the firm has rapidly established itself as a specialized investor in technologies and solutions that are reshaping the global workforce. Their investment thesis spans a wide array of categories, including talent acquisition and management, learning and development, financial wellness, HR tech, and the broader gig economy, with a strong emphasis on AI and automation solutions.
Primarily focusing on Seed and Series A rounds, Acadian Ventures seeks out innovative companies that are poised to disrupt traditional work models and empower the modern workforce. The firm provides not only capital but also strategic guidance and access to a deep network within the human capital and technology sectors, leveraging their specialized focus to add significant value to their portfolio companies. This targeted approach allows them to identify and support high-potential startups that align with their vision for the evolving landscape of work.
Acadian Ventures has demonstrated significant growth and commitment to its niche. In July 2021, the firm successfully closed its inaugural fund, Fund I, at $100 million. Building on this momentum, they announced their second fund, Fund II, in July 2023, targeting an impressive $200 million to further expand their investment capacity. Their typical initial check sizes for new investments range from $1 million to $5 million, reflecting their early-stage focus and commitment to providing meaningful seed capital. The firm has built a robust portfolio that includes prominent names such as Papaya Global, Remote, Deel, and Oyster, underscoring their influence and expertise in the future of work ecosystem.
Investor Profile
Acadian Ventures has backed more than 27 startups, with 6 new investments in the last 12 months alone. The firm has led 4 rounds, about 15% of its total and boasts 3 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
- Majority of deals are located in United States, Germany, Belgium.
- Strong thematic focus on Software, Human Resources, SaaS.
- Led 1 rounds in the past year.
- Typical check size: $1M – $5M.
Stage Focus
- Seed (52%)
- Series A (26%)
- Pre Seed (7%)
- Series B (7%)
- Convertible Note (4%)
- Series E (4%)
Country Focus
- United States (52%)
- Germany (11%)
- Belgium (7%)
- France (7%)
- Kenya (7%)
- Ireland (4%)
- The Netherlands (4%)
- United Kingdom (4%)
Industry Focus
- Software
- Human Resources
- Saas
- Artificial Intelligence (Ai)
- Information Technology
- Enterprise Software
- Recruiting
- Financial Services
- Natural Language Processing
- Internet
Frequently Asked Questions
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