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Wasabi Ventures

North America, New Hampshire, United States, Manchester

Description

Wasabi Ventures is a prominent early-stage venture capital firm based in Manchester, New Hampshire, established in 2003. The firm primarily targets disruptive technology companies, focusing on the pre-seed and seed stages of development. Unlike traditional VCs, Wasabi Ventures adopts a highly hands-on approach, often integrating deeply with its portfolio companies, sometimes even acting as co-founders or strategic advisors to help shape their initial trajectory and growth.

The firm's investment philosophy centers on identifying promising startups with innovative technologies and strong, coachable management teams. Wasabi Ventures is known for its unique ecosystem, which includes the Wasabi Ventures Incubator and the Wasabi Ventures Academy. The Incubator provides a structured environment for startups to develop their ideas, offering resources, mentorship, and operational support. Concurrently, the Academy is an entrepreneurship program designed to educate and train future founders, fostering a pipeline of talent and potential investment opportunities for the firm.

Wasabi Ventures typically provides initial capital ranging from $50,000 to $500,000 for its first checks, though it has the flexibility to invest more for exceptionally promising ventures. This range positions them firmly in the early-stage funding landscape, supporting companies from their foundational phases. Over its nearly two-decade history, Wasabi Ventures has built an extensive portfolio, having invested in well over 100 companies across various technology sectors, demonstrating a broad reach and commitment to fostering innovation within the startup ecosystem. Their long-standing presence and diverse portfolio underscore their role as a consistent player in early-stage venture capital.

Investor Profile

Wasabi Ventures has backed more than 60 startups, with 0 new investments in the last 12 months alone. The firm has led 2 rounds, about 3% of its total and boasts 8 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States.
  • Strong thematic focus on Software, Mobile, Advertising.
  • Typical check size: $50K – $500K.

Stage Focus

  • Seed (77%)
  • Series A (12%)
  • Series Unknown (7%)
  • Pre Seed (2%)
  • Angel (2%)
  • Debt Financing (2%)

Country Focus

  • United States (97%)

Industry Focus

  • Software
  • Mobile
  • Advertising
  • Social Media
  • Education
  • Saas
  • Enterprise Software
  • Cloud Computing
  • Analytics
  • Internet Of Things
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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 Wasabi Ventures frequently co-invest with?

10X Venture Partners
Europe, Manchester, United Kingdom, Manchester
Co-Investments: 3
Argon Ventures
North America, Massachusetts, United States, Boston
Co-Investments: 2
FreshTracks Capital
North America, Vermont, United States, Shelburne
Co-Investments: 2
York IE
North America, New Hampshire, United States, Manchester
Co-Investments: 4
Green D Ventures
North America, Massachusetts, United States, Boston
Co-Investments: 2
Maine Technology Institute
North America, Maine, United States, Brunswick
Co-Investments: 2
Hinge Capital
North America, Texas, United States, Austin
Co-Investments: 3
Millworks Fund
North America, New Hampshire, United States, Manchester
Co-Investments: 2
3V
North America, Delaware, United States, Delaware City
Co-Investments: 2
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 6

Which angels does Wasabi Ventures often collaborate with?

AP
North America, New Hampshire, United States, Bedford
Shared Deals: 1
AB
North America, California, United States, San Francisco
Shared Deals: 1
JH
North America, New Hampshire, United States, Manchester
Shared Deals: 2
KY
North America, New Hampshire, United States, Manchester
Shared Deals: 2
PC
North America, California, United States, Los Angeles
Shared Deals: 2
SB
North America, California, United States, San Francisco
Shared Deals: 2
David Ulevitch
North America, California, United States, San Francisco
Shared Deals: 1
CY
North America, California, United States, Palo Alto
Shared Deals: 7
Gary Levitt
Asia, Israel
Shared Deals: 1
MK
North America, California, United States, Oakland
Shared Deals: 2

What are some of recent deals done by Wasabi Ventures?

Defendify

Portland, Maine, United States

Defendify is an All-In-One Cybersecurity® SaaS solution that offers layered security protection, backed by consultative expert guidance.

Cyber SecurityNetwork SecuritySoftware
Series UnknownAug 18, 2022
Amount Raised: $3,350,000
Datanomix

Nashua, New Hampshire, United States

Datanomix delivers Production Intelligence for the next generation of manufacturers through its turnkey machine data analytics platform

AnalyticsIndustrial ManufacturingInternet of Things
Series AMay 4, 2021
Amount Raised: $6,000,000
PursueCare

Middletown, Connecticut, United States

PursueCare is a virtual substance use and behavioral health treatment company offering integrated telemedicine and pharmacy services

Addiction TreatmentHealth CareMedicalMobile Apps
Series AApr 22, 2021
Amount Raised: $7,000,000
Robomart

Los Angeles, California, United States

Robomart is building patented self-driving stores for retailers, helping them expand their footprint.

Mobile AppsRetail TechnologySoftware
Series UnknownAug 10, 2020
Amount Raised: $640,000
'nuffsaid

Salt Lake City, Utah, United States

Workflow Intelligence that enables you to focus on the work that matters

Artificial Intelligence (AI)
SeedFeb 11, 2020
Amount Raised: $4,300,000
Defendify

Portland, Maine, United States

Defendify is an All-In-One Cybersecurity® SaaS solution that offers layered security protection, backed by consultative expert guidance.

Cyber SecurityNetwork SecuritySoftware
SeedJan 28, 2020
Amount Raised: $2,000,000
BlueSpace.ai

Emeryville, California, United States

BlueSpace.ai is an urban mobility company that develops autonomous vehicle technology.

Artificial Intelligence (AI)AutomotiveAutonomous VehiclesTransportation
SeedDec 13, 2019
Amount Raised: $3,200,000
Robomart

Los Angeles, California, United States

Robomart is building patented self-driving stores for retailers, helping them expand their footprint.

Mobile AppsRetail TechnologySoftware
Pre SeedNov 29, 2019
Amount Raised: $795,000
Datanomix

Nashua, New Hampshire, United States

Datanomix delivers Production Intelligence for the next generation of manufacturers through its turnkey machine data analytics platform

AnalyticsIndustrial ManufacturingInternet of Things
Series AOct 30, 2019
Amount Raised: $2,000,000
Ultranauts

New York, New York, United States

Ultranauts is an information technology company that offers software testing services.

ComputerInformation TechnologySoftware
Series AAug 6, 2019
Amount Raised: $3,500,000