Vertical Venture Partners

Vertical Venture Partners (VVP) is a Menlo Park, California-based venture capital firm founded in 2015, specializing in early-stage investments within the enterprise technology sector. The firm's distinctive strategy centers on identifying and funding B2B software companies that develop solutions tailored for specific vertical markets, such as healthcare, financial services, retail, manufacturing, government, and education. This focused approach allows VVP to leverage deep industry knowledge and provide strategic support to its portfolio companies, going beyond mere capital injection.

VVP has demonstrated consistent growth in its investment capacity and reach since its inception. The firm successfully closed its inaugural fund, Vertical Venture Partners, LP, at $100 million in 2015, with typical initial investments ranging from $2 million to $5 million. Building on this foundation, VVP secured $150 million for its second fund in 2019, expanding its initial check size to between $3 million and $7 million. Most recently, in July 2023, the firm announced the close of its third fund, Vertical Venture Partners III, LP, at $200 million, further increasing its capacity for initial investments to a range of $4 million to $10 million. Cumulatively, VVP manages $450 million across its three funds, indicating a robust and expanding commitment to its investment thesis.

With over 50 investments to date, Vertical Venture Partners has established itself as an active participant in the venture ecosystem. The firm targets companies primarily at the Seed, Series A, and Series B stages. VVP's portfolio reflects its vertical-specific focus, featuring companies that address unique challenges and opportunities within their respective industries. The firm also boasts a solid track record of successful exits, including notable acquisitions like Cloudistics by Western Digital and Coraid by Thesys Technologies, as well as the IPO and subsequent acquisition of Xactly, underscoring its ability to identify and support high-potential ventures.