
Equal Ventures
Description
Equal Ventures is a New York-based seed-stage venture capital firm established in 2019, dedicated to backing founders and businesses that are poised to disrupt large, established legacy markets. The firm's core mission revolves around identifying and investing in companies that leverage technology to modernize traditional sectors such as enterprise, consumer, and healthcare. They seek out opportunities where technological innovation can significantly enhance efficiency, accessibility, or user experience within industries often resistant to change.
Since its inception, Equal Ventures has progressively grown its capital base, reflecting its successful investment strategy. The firm closed its first fund, Equal Ventures Fund I, at $56 million in 2019, followed by Equal Ventures Fund II, which secured $80 million in 2021. Most recently, in January 2024, Equal Ventures announced the successful closing of its third fund, Equal Ventures III, at an impressive $150 million. This latest closing brings the firm's total assets under management (AUM) to over $280 million, underscoring its expanding capacity to support promising early-stage ventures.
The firm's investment thesis is deeply rooted in the belief that significant value can be created by applying modern technological solutions to antiquated systems across various sectors, including insurance, supply chain, retail, and financial services. Equal Ventures typically focuses on seed-stage investments, providing crucial early capital to help companies scale their operations and prove their market fit. Their initial checks generally range between $1 million and $5 million, depending on the specific needs and stage of the startup. Beyond capital, Equal Ventures emphasizes building long-term partnerships with its portfolio companies, offering strategic guidance and operational support to navigate the complexities of disrupting entrenched industries.
Investor Profile
Equal Ventures has backed more than 34 startups, with 5 new investments in the last 12 months alone. The firm has led 11 rounds, about 32% 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.
- Strong thematic focus on Software, Retail Technology, InsurTech.
- Led 2 rounds in the past year.
- Typical check size: $1M – $5M.
Stage Focus
- Seed (41%)
- Series A (35%)
- Series B (15%)
- Series Unknown (6%)
- Series C (3%)
Country Focus
- United States (100%)
Industry Focus
- Software
- Retail Technology
- Insurtech
- E-commerce
- Retail
- Finance
- Logistics
- Transportation
- Saas
- Insurance
Frequently Asked Questions
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