
Parkway Venture Capital
Description
Parkway Venture Capital is a New York-based venture capital firm established in 2021, marking its entry into the early-stage technology investment landscape. The firm successfully closed its debut fund, Parkway Venture Capital Fund I, LP, at an impressive $100 million. This significant capital base positions Parkway to actively support innovative startups poised for substantial growth and disruption across various sectors. Founded by Gregg Hill, who brought prior experience from co-founding and managing a family office's venture arm, Parkway Venture Capital aims to leverage its expertise to identify and nurture promising companies.
The firm primarily targets early-stage companies, focusing on Seed and Series A rounds, where its strategic capital and operational guidance can have the most profound impact. Parkway Venture Capital is known for writing initial checks ranging from $500,000 to $5 million, indicating a commitment to providing meaningful early-stage funding. Their investment thesis centers on technology companies that are disrupting large, traditional industries through innovative solutions. This includes a broad spectrum of areas, from enterprise software and fintech to digital health and consumer technology.
Parkway Venture Capital maintains a keen interest in emerging and transformative technologies, particularly emphasizing generative AI and the metaverse, alongside business intelligence and generative design. The firm's portfolio reflects a diverse set of investments across these high-growth verticals, demonstrating its adaptability and forward-looking approach. By focusing on companies that harness advanced technology to create new markets or significantly improve existing ones, Parkway Venture Capital seeks to build a robust portfolio of category-defining businesses. Their strategic location in New York City also provides access to a vibrant ecosystem of talent and innovation, further enhancing their ability to source and support groundbreaking ventures.
Investor Profile
Parkway Venture Capital has backed more than 50 startups, with 1 new investments in the last 12 months alone. The firm has led 9 rounds, about 18% of its total and boasts 14 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series Unknown, Series B, Series A rounds (top funding stages).
- Majority of deals are located in United States, United Kingdom, Switzerland.
- Strong thematic focus on Software, Artificial Intelligence (AI), Information Technology.
- Typical check size: $500K – $5M.
Stage Focus
- Series Unknown (24%)
- Series B (22%)
- Series A (20%)
- Series D (14%)
- Series C (8%)
- Seed (6%)
- Series E (4%)
- Series G (2%)
Country Focus
- United States (88%)
- United Kingdom (4%)
- Switzerland (2%)
- Norway (2%)
- China (2%)
- Hong Kong (2%)
Industry Focus
- Software
- Artificial Intelligence (Ai)
- Information Technology
- Saas
- Health Care
- Medical
- Transportation
- Financial Services
- Fintech
- Analytics
Frequently Asked Questions
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