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SemperVirens Venture Capital

North America, California, United States, San Mateo

Description

SemperVirens Venture Capital, based in San Mateo, California, is an early-stage venture firm dedicated to investing in the evolving landscape of workforce technology, healthcare technology, and financial technology. The firm positions itself as an "ecosystem fund," strategically leveraging its limited partners, which often include large corporations and industry leaders, to provide not just capital but also invaluable strategic partnerships and market access to its portfolio companies. This approach aims to accelerate the growth and adoption of innovative solutions addressing critical challenges in the future of work, health, and financial wellness.

The firm has demonstrated consistent growth in its capital base, successfully raising multiple funds to support its investment thesis. Its first fund, SemperVirens Fund I, closed with $50 million in commitments. Building on this foundation, the firm recently announced the closing of SemperVirens Fund II, which secured $80 million, significantly expanding its capacity to deploy capital into promising early-stage ventures. This increased fund size underscores the firm's commitment to its specialized sectors and its ability to attract significant institutional backing.

SemperVirens typically targets Seed and Series A rounds, providing initial checks that range from $1 million to $3 million. Beyond financial investment, the firm emphasizes its role as a strategic partner, offering operational support, industry insights, and connections to its extensive network of corporate LPs. This hands-on, value-add approach is designed to help founders navigate market complexities, secure pilot programs, and ultimately scale their businesses more effectively within their target industries. Their focus remains on companies poised to redefine how people work, manage their health, and secure their financial future.

Investor Profile

SemperVirens Venture Capital has backed more than 58 startups, with 10 new investments in the last 12 months alone. The firm has led 9 rounds, about 16% of its total and boasts 1 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Seed rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Belgium.
  • Strong thematic focus on Health Care, Software, Human Resources.
  • Typical check size: $1M – $3M.

Stage Focus

  • Series A (38%)
  • Series B (24%)
  • Seed (22%)
  • Series C (12%)
  • Series Unknown (3%)

Country Focus

  • United States (91%)
  • United Kingdom (3%)
  • Belgium (2%)
  • Singapore (2%)
  • Israel (2%)

Industry Focus

  • Health Care
  • Software
  • Human Resources
  • Wellness
  • Artificial Intelligence (Ai)
  • Information Technology
  • Employee Benefits
  • Medical
  • Mental Health
  • Saas
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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 SemperVirens Venture Capital frequently co-invest with?

Gaingels
North America, Vermont, United States, Burlington
Co-Investments: 6
Company Ventures
North America, New York, United States, New York
Co-Investments: 4
General Catalyst
North America, Massachusetts, United States, Cambridge
Co-Investments: 8
Google Ventures
North America, California, United States, Mountain View
Co-Investments: 5
Index Ventures
North America, California, United States, San Francisco
Co-Investments: 6
Felicis
North America, California, United States, Menlo Park
Co-Investments: 5
Upfront Ventures
North America, California, United States, Santa Monica
Co-Investments: 4
F-Prime Capital
North America, Massachusetts, United States, Cambridge
Co-Investments: 4
Able Partners
North America, New York, United States, New York
Co-Investments: 5
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 4

Which angels does SemperVirens Venture Capital often collaborate with?

Daren Cotter
North America, Minnesota, United States, Saint Paul
Shared Deals: 2
BS
North America, California, United States, San Francisco
Shared Deals: 1
BS
North America, California, United States
Shared Deals: 1
AP
North America, California, United States, San Francisco
Shared Deals: 1
AW
North America, California, United States, San Francisco
Shared Deals: 3
KL
North America, Pennsylvania, United States, Wayne
Shared Deals: 1
SW
North America, California, United States, Mountain View
Shared Deals: 2
SS
North America, New York, United States, Brooklyn
Shared Deals: 1
MB
North America, Florida, United States, Key Biscayne
Shared Deals: 1
EG
North America, California, United States, San Francisco
Shared Deals: 2

What are some of recent deals done by SemperVirens Venture Capital?

Certify

New York, New York, United States

Certify is an API-driven platform automating all stages of provider network management: licensing, enrollment, credentialing, monitoring.

Developer APIsHealth CareSoftware
Series BJun 26, 2025
Amount Raised: $40,000,000
Empathy

New York, New York, United States

Empathy is a support system mobile application that guides and supports families along the journey of loss.

AppsHealth CareInformation TechnologySoftware
Series CMay 29, 2025
Amount Raised: $72,000,000
Salsa

San Francisco, California, United States

Salsa offers a payroll infrastructure platform that allows businesses to lauch embedded payroll products quickly and efficiently.

Developer APIsEmbedded SoftwareFinTechSoftware
Series AApr 22, 2025
Amount Raised: $20,000,000
Thatch

San Francisco, California, United States

Thatch is a health benefits platform that lets businesses offer flexible healthcare through a monthly allowance and curated health services.

Health CareInformation TechnologyPaaSSoftware
Series BApr 3, 2025
Amount Raised: $40,000,000
Exceeds

Los Gatos, California, United States

Enterprise service combining AI and data insights to increase a team's impact

InternetSoftware
SeedFeb 5, 2025
Amount Raised: $4,600,000
Delfina

San Francisco, California, United States

Delfina provides a personalized prenatal care system that uses the power of data to keep moms and babies safe during pregnancy.

Health CareMedicalPersonal HealthService IndustryWellness
Series AJan 28, 2025
Amount Raised: $17,000,000
Sully.ai

San Francisco, California, United States

Autonomous Agents for Healthcare

AppsArtificial Intelligence (AI)Electronic Health Record (EHR)Health CareHospitalMachine LearningSoftware
Series ADec 8, 2024
Stepful

New York, New York, United States

Stepful helps those without college degrees train for and find entry-level healthcare jobs.

Health CareProfessional ServicesTraining
Series BNov 13, 2024
Amount Raised: $31,500,000
XP Health

San Carlos, California, United States

XP Health is an artificial intelligence-powered vision benefits platform for employees.

Artificial Intelligence (AI)Employee BenefitsHealth CareMachine Learning
Series BSep 12, 2024
Amount Raised: $33,200,000
Thatch

San Francisco, California, United States

Thatch is a health benefits platform that enables businesses to manage employee healthcare.

Health CareInformation TechnologyPaaSSoftware
Series ASep 5, 2024
Amount Raised: $38,000,000