Acadian Ventures logo

Acadian Ventures

North America, New York, United States, New York

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
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Acadian Ventures frequently co-invest with?

Base10 Partners
North America, California, United States, San Francisco
Co-Investments: 2
Workday Ventures
North America, California, United States, San Francisco
Co-Investments: 2
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 3
Felix Capital
Europe, England, United Kingdom, London
Co-Investments: 2
Stride.VC
Europe, England, United Kingdom, London
Co-Investments: 2
Alpha Edison
North America, California, United States, Los Angeles
Co-Investments: 2
Fortino Capital
Europe, Antwerpen, Belgium, Antwerp
Co-Investments: 2
PMV
Europe, Brussels Hoofdstedelijk Gewest, Belgium, Brussels
Co-Investments: 2
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 3
Notion Capital
Europe, England, United Kingdom, London
Co-Investments: 2

Which angels does Acadian Ventures often collaborate with?

CT
Europe, Zurich, Switzerland
Shared Deals: 1
MM
North America, New York, United States, New York
Shared Deals: 1
PF
North America, Massachusetts, United States, Cambridge
Shared Deals: 1
VL
Europe, Bayern, Germany, Munich
Shared Deals: 1
C.J. McCollum
North America, Louisiana, United States, New Orleans
Shared Deals: 1
David Travers
North America, California, United States, Santa Monica
Shared Deals: 1
RH
Europe, Berlin, Germany, Berlin
Shared Deals: 1
CD
Europe, Bayern, Germany, Munich
Shared Deals: 1
JG
North America, California, United States, San Francisco
Shared Deals: 1
TC
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Acadian Ventures?

Penzilla

Munich, Bayern, Germany

Penzilla offers a solution that helps everyone get the maximum benefit from corporate pension options.

FinTechSoftware
SeedMay 14, 2025
Amount Raised: $3,594,831
Origin

Kent, Kent, United Kingdom

Origin is the first AI platform transforming global benefits - cutting costs, ensuring compliance, and scaling with Fortune 500 partners.

Artificial Intelligence (AI)B2BEmployee BenefitsEnterprise SoftwareHuman ResourcesSaaSSoftware
Series AMay 14, 2025
Amount Raised: $21,000,000
Jolly

New York, New York, United States

Jolly is a rewards platform for the workplace that incentivizes employee performance.

Employee BenefitsHuman ResourcesSoftware
Series AFeb 10, 2025
Amount Raised: $16,500,000

datascalehr develops AI Agents and APIs to natively connect to, and reconcile any Payroll and any HR data source in the world.

Bookkeeping and PayrollComplianceConsultingDeveloper APIsHuman ResourcesSoftware
SeedOct 25, 2024
SquarePeg

Salt Lake City, Utah, United States

SquarePeg is a smart candidate screening tool that helps recruiting teams identify top applicants with confidence.

B2BEnterprise SoftwareHuman ResourcesRecruitingSaaSSoftware
SeedSep 1, 2024
Amount Raised: $3,500,000
Workpay

Nairobi, Nairobi Area, Kenya

Workpay is a Payroll, Benefits, Compliance & embed finance for local and remote teams in Africa.

Financial ServicesHuman ResourcesPaymentsSoftware
Series AAug 22, 2024
Amount Raised: $5,000,000
TechWolf

Ghent, Oost-Vlaanderen, Belgium

TechWolf develops an AI-based talent intelligence platform that allows enterprises to adopt a skills-based talent model.

Artificial Intelligence (AI)Human ResourcesInformation TechnologyNatural Language Processing
Series BJun 24, 2024
Amount Raised: $42,750,000
FORA

Nyack, New York, United States

FORA is an Artificial intelligence startup designed for the C-suite

Artificial Intelligence (AI)Generative AISoftwareWeb Development
Pre SeedJan 31, 2024
Amount Raised: $3,800,000
Compa

Newport Beach, California, United States

Compa is making compensation fair and competitive for everyone by removing barriers to effective decision-making.

Enterprise SoftwareHuman Resources
Series AJan 29, 2024
Amount Raised: $10,000,000
2045 Studio

New York, New York, United States

2045 Studio offers network for influential professionals of color.

Financial ServicesInternetProfessional ServicesSoftwareTraining
Pre SeedJun 6, 2023
Amount Raised: $4,200,000