Investor Type | Firm |
Industries | Software (Web Marketplace Saas..) • IT (& TMT) • FinTech (& Financials services) |
Investing | United States |
11-11 Ventures is an investment fund focused on empowering high-growth startups in the technology sector. Their investments are primarily concentrated in industries such as Software (Web Marketplace SaaS), IT and TMT (Technology, Media, and Telecommunications), and FinTech, including financial services. At the helm is Arul Murugan, an entrepreneur who transitioned into a venture capitalist role after notable successes in growing and exiting tech companies. The firm is not only interested in providing financial backing but also in leveraging Murugan's strengths in business model innovation, technology application to business challenges, and financial management to guide startups towards success. They are based in the technology hub of the South, Tech Alpharetta, indicating a strategic emphasis on fostering growth within this vibrant ecosystem. Arul Murugan, with his hands-on experience in global expansion, acquisitions, and investments in private and public companies, brings a wealth of practical knowledge and a robust network to the table. At 11-11 Ventures, they value long-term commitments and manage investments with a high-risk tolerance and a mindset for low liquidity, reflecting a deep understanding of the startup landscape. Their investment thesis likely revolves around identifying startups with the potential for exponential growth and market disruption, particularly through innovative use of technology.