Elephant

Elephant is a Boston-based venture capital firm established in 2015, specializing in investments across rapidly growing software and internet businesses. The firm primarily targets companies that have achieved strong product-market fit and are generating meaningful revenue, typically engaging in Series A, B, and C rounds. Their investment mandate spans enterprise software, consumer internet, and mobile sectors, with a geographical focus on North America and Europe. Elephant's strategic approach emphasizes partnering with founders to scale their operations and accelerate growth in competitive markets.

Since its inception, Elephant has demonstrated a significant commitment to its portfolio, having invested over $1 billion across more than 40 companies. This substantial capital deployment highlights their active role in the venture ecosystem. The firm is known for its hands-on approach, providing operational guidance and strategic support to its portfolio companies beyond just capital. Their team comprises experienced operators and investors who leverage their expertise to help companies navigate challenges and capitalize on market opportunities.

Elephant is currently deploying capital from its fourth fund, Elephant IV, which closed at $450 million. This fund size allows them to make substantial initial investments and provide follow-on capital to support their portfolio companies through various growth stages. Their typical initial investment ranges from $5 million to $50 million, indicating a preference for later-seed to growth-stage companies that are past the earliest stages of development and ready for significant scaling. This range positions them as a key partner for companies looking to expand their market reach and product offerings.