Genacast Ventures

Genacast Ventures is a New York-based seed-stage venture capital firm with a clear mandate to invest in promising B2B technology companies. The firm primarily targets startups located in the Northeastern United States, focusing on sectors critical to the modern enterprise. Their investment thesis centers on identifying early-stage companies poised for significant growth within the business-to-business landscape.

Led by Managing Partner Ben Sun and Partner David Sun, Genacast Ventures adopts a hands-on approach, providing more than just capital. They aim to be strategic partners, offering operational support, guidance, and access to their extensive network of industry contacts to help portfolio companies scale. Financially, Genacast Ventures typically deploys first checks ranging from $250,000 to $1,000,000, aligning with the capital needs of seed-stage ventures. This focused investment size allows them to be a significant early supporter for their chosen companies.

The firm's investment interests span a diverse range of B2B technology verticals, including Software-as-a-Service (SaaS), Artificial Intelligence/Machine Learning (AI/ML), Cybersecurity, Fintech, Digital Health, and Supply Chain solutions. Their portfolio showcases a strong track record of backing companies that have achieved substantial success. Notable investments include Unqork, Reonomy, BetterCloud, and Dataiku. Genacast Ventures has also demonstrated a strong ability to identify companies with high exit potential, boasting over 10 successful exits from their portfolio of over 30 investments. Key exits include Kustomer, which was acquired by Meta for an estimated $1 billion, CommonBond, Narrative Science, Quovo, and CoverWallet, underscoring their acumen in fostering valuable enterprise technology solutions.