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Silvertech Ventures

North America, New York, United States, New York

Description

Silvertech Ventures is a New York City-based early-stage venture capital firm established in 2017, known for backing transformative technology companies. Co-founded by experienced investors Charlie Silver, formerly of Silver Lake, and Glenn Solomon, a former partner at Andreessen Horowitz, the firm leverages deep industry expertise and a robust network. While their initial description mentioned an accelerator component, Silvertech Ventures primarily operates as a venture capital firm, providing capital and strategic guidance to its portfolio companies.

The firm's investment strategy is primarily focused on Seed and Series A rounds, targeting high-growth potential startups across diverse sectors including fintech, enterprise software, AI, marketplaces, and digital media. Silvertech Ventures is also active in follow-on investments, supporting its portfolio companies through later stages beyond Series A, demonstrating a long-term commitment to their success. This approach allows them to participate in significant growth trajectories, as evidenced by their impressive portfolio.

Silvertech Ventures has built a formidable portfolio that includes numerous high-profile companies and unicorns such as Ramp, Current, Vise, Fetch Rewards, BlockFi, Carta, Plaid, Robinhood, Chime, Stripe, and Coinbase. Their involvement in these companies often begins at the crucial early stages. For instance, they were investors in Current's $5 million seed round and Vise's $14.5 million seed round, indicating their willingness to participate in substantial early funding rounds. The firm typically writes initial checks ranging from $500,000 for promising seed-stage ventures up to $7,500,000 for significant participation in Series A rounds, reflecting their commitment to meaningful ownership and support.

This strategic focus on early-stage, high-potential technology companies, combined with the extensive experience of its founding partners and a strong track record of successful investments, positions Silvertech Ventures as a key player in the venture capital landscape. They aim to be a value-add partner, providing not just capital but also strategic insights and operational support to help founders scale their businesses effectively.

Investor Profile

Silvertech Ventures has backed more than 24 startups, with 2 new investments in the last 12 months alone. The firm has led 3 rounds, about 13% of its total and boasts 1 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, Israel.
  • Strong thematic focus on Enterprise Software, Artificial Intelligence (AI), Machine Learning.
  • Typical check size: $500K – $7.5M.

Stage Focus

  • Seed (46%)
  • Series A (25%)
  • Series B (21%)
  • Series Unknown (8%)

Country Focus

  • United States (92%)
  • Israel (8%)

Industry Focus

  • Enterprise Software
  • Artificial Intelligence (Ai)
  • Machine Learning
  • Real Estate
  • Cyber Security
  • Analytics
  • Fintech
  • Proptech
  • Credit
  • Insurtech
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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 Silvertech Ventures frequently co-invest with?

Partech
Europe, Ile-de-France, France, Paris
Co-Investments: 3
White Star Capital
North America, New York, United States, New York
Co-Investments: 3
Alven
Europe, Ile-de-France, France, Paris
Co-Investments: 3
Global Founders Capital
Europe, Berlin, Germany, Berlin
Co-Investments: 2
Hanaco Venture Capital
Asia, Tel Aviv, Israel, Tel Aviv
Co-Investments: 4
Kima Ventures
Europe, Ile-de-France, France, Paris
Co-Investments: 2
RV
North America, New York, United States, New York
Co-Investments: 2
Mizrahi Tefahot Bank
Asia, Tel Aviv, Israel, Tel Aviv
Co-Investments: 2
World Trade Ventures
North America, New York, United States, New York
Co-Investments: 16
50 Partners
Europe, Ile-de-France, France, Paris
Co-Investments: 2

Which angels does Silvertech Ventures often collaborate with?

BS
Asia, Israel
Shared Deals: 1
AK
North America, New York, United States, New York
Shared Deals: 1
Rafi Gidron
Asia, HaMerkaz, Israel
Shared Deals: 1
GS
Europe, England, United Kingdom, London
Shared Deals: 1
JA
North America, New York, United States, New York
Shared Deals: 1
DF
North America, California, United States, Los Angeles
Shared Deals: 1
RS
Europe, England, United Kingdom, London
Shared Deals: 1
AA
North America, New York, United States, New York
Shared Deals: 2
Eyal Waldman
Asia, Tel Aviv, Israel, Tel Aviv
Shared Deals: 1
GD
Europe, England, United Kingdom, London
Shared Deals: 1

What are some of recent deals done by Silvertech Ventures?

Apono

New York, New York, United States

pono is a permission management platform designed to automate and simplify the granting of permissions across cloud environments.

Cyber SecurityInformation TechnologySoftware
Series ASep 30, 2024
Amount Raised: $15,500,000
ZEST Security

Greenwich, New York, United States

ZEST Security is identifying security risks and efficiently remediating to bridge the gap.

ComputerNetwork Security
SeedJul 24, 2024
Amount Raised: $5,000,000
Covercy

New York, New York, United States

The leading financial OS for the $40 trillion real estate investment management market

BankingCommercial Real EstateFinancial ServicesFinTechPaymentsPropTechReal Estate Investment
Series UnknownMar 28, 2024
Amount Raised: $5,000,000
Onyxia

New York, New York, United States

Onyxia is a cybersecurity strategy and performance platform powered by AI.

Cyber SecurityNetwork Security
SeedSep 29, 2022
Amount Raised: $5,000,000
TestDynamics

New York, New York, United States

TestDynamics provides health diagnostics, machine learning, computer vision, digital health, and medical imaging services.

Artificial Intelligence (AI)Health CareHealth DiagnosticsMachine LearningMedical
SeedAug 22, 2022
Amount Raised: $3,045,000
RevealSecurity

Ramat Gan, Tel Aviv, Israel

Detecting Malicious Insiders and Imposters by Monitoring User Journeys in Enterprise Applications.

AnalyticsBusiness IntelligenceCloud SecurityCyber SecurityFraud DetectionIntrusion DetectionRisk Management
Series AJun 21, 2022
Amount Raised: $23,000,000
Blyp

New York, New York, United States

Blyp is an AI-driven data analytics platform for e-commerce companies.

AnalyticsArtificial Intelligence (AI)Digital MarketingE-CommerceMachine Learning
SeedFeb 2, 2022
Amount Raised: $4,000,000
SwiftConnect

Stamford, Connecticut, United States

SwiftConnect digitizes the workplace experience by connecting the right people to the right space at the right time.

Real EstateReal TimeSoftwareVirtual WorkforceWeb Apps
SeedOct 15, 2021
Amount Raised: $7,000,000
WoodSpoon

New York, New York, United States

WoodSpoon is a food delivery service that offers on-demand, crafted foods made by home chefs and delivered to the diner.

Food and BeverageFood DeliveryFood Processing
SeedDec 7, 2020
Amount Raised: $2,000,000
SQream Technologies

New York, New York, United States

SQream makes it possible to ask bigger questions of extremely large, complicated data sets.

AnalyticsBig DataBusiness IntelligenceDatabaseEnterprise SoftwareGPU
Series BJun 24, 2020
Amount Raised: $39,400,000