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SWaN & Legend Venture Partners

North America, Virginia, United States, Leesburg

Description

SWaN & Legend Venture Partners is a Leesburg, United States-based venture capital firm with a specialized focus on consumer-facing businesses. The firm actively seeks out and invests in companies that prioritize exceptional customer service, often operating within sectors such as sports, media, entertainment, health & wellness, food & beverage, and retail technology. Their investment thesis centers on identifying and partnering with growth-stage companies that have demonstrated strong product-market fit and are poised for significant scaling, providing not only capital but also strategic guidance and operational expertise.

The firm's investment strategy primarily targets growth equity opportunities, engaging with businesses that have moved beyond the early startup phase and are seeking substantial capital to accelerate expansion, penetrate new markets, or innovate their product offerings. SWaN & Legend typically deploys initial checks ranging from $5 million to $25 million, aiming to be a significant partner in their portfolio companies' development. Their hands-on approach leverages the deep industry experience of their partners, enabling them to provide tailored support that extends beyond mere financial backing.

SWaN & Legend Venture Partners has cultivated a diverse and impactful portfolio of well-recognized consumer brands. Notable investments include Custom Ink, a leader in online custom apparel, and their support for innovative food and beverage companies like KIND Snacks and Jose Andres' ThinkFoodGroup. The firm has demonstrated its capacity to manage substantial capital, with its second fund, SWaN & Legend Venture Fund II, reportedly targeting $200 million to continue its investment activities. This strategic deployment of capital underscores their commitment to fostering the growth of disruptive and customer-centric businesses across the consumer landscape.

Investor Profile

SWaN & Legend Venture Partners has backed more than 35 startups, with 0 new investments in the last 12 months alone. The firm has led 12 rounds, about 34% of its total and boasts 6 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series A, Series C rounds (top funding stages).
  • Majority of deals are located in United States.
  • Strong thematic focus on E-Commerce, Retail, Software.
  • Typical check size: $5M – $25M.

Stage Focus

  • Series B (31%)
  • Series A (23%)
  • Series C (20%)
  • Seed (11%)
  • Debt Financing (3%)
  • Series F (3%)
  • Private Equity (3%)
  • Series D (3%)
  • Series Unknown (3%)

Country Focus

  • United States (100%)

Industry Focus

  • E-commerce
  • Retail
  • Software
  • Education
  • Hospitality
  • Flowers
  • Same Day Delivery
  • Internet
  • Food And Beverage
  • Food Processing
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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 SWaN & Legend Venture Partners frequently co-invest with?

Revolution Growth
North America, District of Columbia, United States, Washington
Co-Investments: 7
New Enterprise Associates
North America, California, United States, Menlo Park
Co-Investments: 6
Revolution Ventures
North America, District of Columbia, United States, Washington
Co-Investments: 3
Revolution
North America, District of Columbia, United States, Washington
Co-Investments: 9
AV
North America, California, United States, Los Altos
Co-Investments: 3
Middleland Capital
North America, District of Columbia, United States, Washington
Co-Investments: 3
NextGen Venture Partners
North America, California, United States, San Francisco
Co-Investments: 3
Grotech Ventures
North America, Virginia, United States, Vienna
Co-Investments: 3
Haas Portman
North America, California, United States, Los Angeles
Co-Investments: 3
Invus
North America, New York, United States, New York
Co-Investments: 3

Which angels does SWaN & Legend Venture Partners often collaborate with?

RM
North America, Illinois, United States, Lake Forest
Shared Deals: 1
MW
North America, New York, United States, New York
Shared Deals: 1
Daniel Cane
North America, Florida, United States, West Palm Beach
Shared Deals: 1
RV
North America, California, United States, San Francisco
Shared Deals: 1
Daniel Scrivner
North America, Colorado, United States, Boulder
Shared Deals: 1
Dan Mindus
North America, District of Columbia, United States, Washington
Shared Deals: 1
BK
North America, Maryland, United States, Baltimore
Shared Deals: 1
TL
North America, District of Columbia, United States, Washington
Shared Deals: 2
Dave Morin
North America, California, United States, San Francisco
Shared Deals: 1
GW
North America, Illinois, United States, Chicago
Shared Deals: 2

What are some of recent deals done by SWaN & Legend Venture Partners?

UrbanStems

Washington, District of Columbia, United States

UrbanStems provides on-demand modern floral and plant designs, as well as on-trend gift delivery services.

E-CommerceFlowersSame Day Delivery
Series CJan 4, 2024
Amount Raised: $5,000,000
Class Technologies

Washington, District of Columbia, United States

Class Technologies provides Class for Zoom, which integrates the Class software for teachers on the Zoom Meetings platform.

E-LearningEdTechEducationInformation TechnologySocial MediaSoftwareVideo Conferencing
Series BJul 28, 2021
Amount Raised: $105,000,000
UrbanStems

Washington, District of Columbia, United States

UrbanStems provides on-demand modern floral and plant designs, as well as on-trend gift delivery services.

E-CommerceFlowersSame Day Delivery
Series CMay 5, 2021
Amount Raised: $20,000,000
Cava Group

Washington, District of Columbia, United States

Cava Group is a Mediterranean culinary brand that offers chef-crafted dips and spreads.

Food and BeverageFood ProcessingHospitalityRestaurants
Series FApr 27, 2021
Amount Raised: $190,000,000
Mindshow

Los Angeles, California, United States

Mindshow is an app for creating, sharing, and experiencing shows in VR.

InternetSoftwareVirtual Reality
Series UnknownApr 8, 2021
Amount Raised: $10,000,000
Professional Fighters League

New York, New York, United States

Professional Fighters League is a mixed martial arts league.

AssociationeSportsSports
Series CJan 17, 2020
Amount Raised: $50,000,000
UrbanStems

Washington, District of Columbia, United States

UrbanStems provides on-demand modern floral and plant designs, as well as on-trend gift delivery services.

E-CommerceFlowersSame Day Delivery
Series BAug 15, 2019
Amount Raised: $12,000,000
Custom Ink

Fairfax, Virginia, United States

Custom Ink is a provider of an online platform used for custom apparel and accessories for groups and occasions.

ApparelE-CommerceFashionPrinting
Private EquityApr 4, 2019
One Night

New York, New York, United States

One Night is a last-minute distribution platform for independent, boutique hotels.

HospitalityHotelService Industry
Series AFeb 26, 2019
Amount Raised: $4,999,998
SHOWFIELDS

New York, New York, United States

The most interesting store in the world

E-CommerceRetail
SeedFeb 22, 2019
Amount Raised: $9,000,000