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Hillsven Capital

North America, California, United States, San Francisco

Description

Hillsven Capital is a prominent seed-stage venture capital firm established in 2014, strategically positioned with a dual focus on the vibrant startup ecosystems of Silicon Valley and Israel. The firm specializes in identifying and nurturing early-stage technology companies, primarily operating within the pre-seed and seed investment stages. Their investment thesis centers on backing innovative founders who are building disruptive solutions across various sectors, often with a strong emphasis on B2B SaaS, enterprise software, and artificial intelligence, leveraging the deep tech talent pools in both regions.

In 2019, Hillsven Capital announced the closing of its inaugural fund at $50 million, signaling their commitment to providing crucial early capital to promising ventures. This fund was earmarked to support their investment strategy, with typical initial check sizes ranging from $500,000 to $1.5 million for seed rounds. Beyond capital, Hillsven Capital is known for its hands-on approach, offering strategic guidance, operational support, and access to an extensive network, aiming to accelerate the growth and development of their portfolio companies from inception through subsequent funding rounds.

As of early 2024, the firm has built a diverse and impactful portfolio, having made over 25 investments. Notable companies in their portfolio include Papaya Global, a leading global payroll and payments platform, and Gong.io, an AI-powered revenue intelligence platform. A significant success story underscoring Hillsven's ability to identify and support companies through to successful exits is Lightricks, an Israeli mobile app developer, which achieved an IPO. Their consistent focus on high-potential, early-stage technology companies in key innovation hubs positions Hillsven Capital as a significant player in the global seed investment landscape.

Investor Profile

Hillsven Capital has backed more than 49 startups, with 0 new investments in the last 12 months alone. The firm has led 7 rounds, about 14% of its total and boasts 14 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Seed, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Israel.
  • Strong thematic focus on Software, Financial Services, Enterprise Software.
  • Typical check size: $500K – $1.5M.

Stage Focus

  • Series A (33%)
  • Seed (33%)
  • Series B (18%)
  • Series C (8%)
  • Series Unknown (4%)
  • Pre Seed (2%)
  • Series D (2%)

Country Focus

  • United States (94%)
  • Israel (6%)

Industry Focus

  • Software
  • Financial Services
  • Enterprise Software
  • Fintech
  • Saas
  • Information Technology
  • Apps
  • Accounting
  • Brand Marketing
  • Content
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FAQ

Frequently Asked Questions

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

Who does Hillsven Capital frequently co-invest with?

Floodgate
North America, California, United States, Palo Alto
Co-Investments: 4
Viola Ventures
Asia, Tel Aviv, Israel, Herzliya
Co-Investments: 4
Cue Ball
North America, Massachusetts, United States, Boston
Co-Investments: 4
ff Venture Capital
North America, New York, United States, New York
Co-Investments: 3
SignalFire
North America, California, United States, San Francisco
Co-Investments: 6
Bloomberg Beta
North America, California, United States, San Francisco
Co-Investments: 3
Greycroft
North America, New York, United States, New York
Co-Investments: 5
UpWest
North America, California, United States, Palo Alto
Co-Investments: 10
Ericsson
Europe, Stockholms Lan, Sweden, Kista
Co-Investments: 2
Aleph
Asia, Tel Aviv, Israel, Tel Aviv
Co-Investments: 3

Which angels does Hillsven Capital often collaborate with?

GR
North America, California, United States, San Francisco
Shared Deals: 2
JM
North America, District of Columbia, United States, Washington
Shared Deals: 2
PC
North America, California, United States, Los Angeles
Shared Deals: 2
CL
North America, Tennessee, United States, Nashville
Shared Deals: 1
BL
North America, California, United States, San Francisco
Shared Deals: 2
JL
North America, New York, United States, Brooklyn
Shared Deals: 2
GH
North America, California, United States, San Francisco
Shared Deals: 1
TK
North America, California, United States, Beverly Hills
Shared Deals: 4
MW
North America, Pennsylvania, United States, Villanova
Shared Deals: 1
BN
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Hillsven Capital?

Formant

San Francisco, California, United States

Formant is a monitoring and operations software that connects people, processes, sensors, and robots through a robotic approach platform.

Cloud Data ServicesInformation ServicesInformation TechnologyRoboticsSensorSoftware
Series AOct 11, 2023
Amount Raised: $21,000,000
Tesorio

San Francisco, California, United States

The first connected finance operations platform.

FinanceFinancial ServicesFinTechMachine LearningMarketing AutomationSoftware
Series BJul 5, 2022
Amount Raised: $17,000,000
Stilt

San Francisco, California, United States

Stilt offers financial services for immigrants, visa holders, and the underserved.

Financial ServicesFinTechLendingPersonal Finance
Series AMar 10, 2022
Amount Raised: $14,000,000
Formant

San Francisco, California, United States

Formant is a monitoring and operations software that connects people, processes, sensors, and robots through a robotic approach platform.

Cloud Data ServicesInformation ServicesInformation TechnologyRoboticsSensorSoftware
Series AJan 5, 2022
Amount Raised: $18,000,000
Zipline

San Francisco, California, United States

Zipline is the operations platform that powers retail’s most complex work.

Business DevelopmentCommunications InfrastructureInformation TechnologyRetailRetail TechnologySaaSSoftware
Series BMar 2, 2021
Amount Raised: $30,000,000
PreDxion Bio

South San Francisco, California, United States

PreDxion Bio is revolutionizing testing and treatment through low-cost, user-friendly at-home diagnostics.

BiotechnologyHealth DiagnosticsMedical Device
SeedSep 15, 2020
Amount Raised: $6,250,000
Codefresh

Mountain View, California, United States

Codefresh is a trusted platform for cloud-native apps.

AppsDeveloper ToolsDevOpsSoftwareWeb Development
Series CJun 29, 2020
Amount Raised: $27,000,000
Stilt

San Francisco, California, United States

Stilt offers financial services for immigrants, visa holders, and the underserved.

Financial ServicesFinTechLendingPersonal Finance
SeedMay 7, 2020
Amount Raised: $7,500,000
Jolt

Tel Aviv, Tel Aviv, Israel

Jolt is a network of learning spaces curated for people in the workforce seeking to gain a competitive business edge.

Business IntelligenceEdTechEducationHigher EducationProfessional Networking
Series AJan 13, 2020
Amount Raised: $14,140,964
Stampli

Mountain View, California, United States

Stampli is an accounts payable automation platform simplifying invoices, approvals, and payments.

AccountingArtificial Intelligence (AI)BillingPayments
Series BOct 30, 2019
Amount Raised: $25,000,000