Investor Type | Firm |
Type of Fund | VC |
Industries | Software (Web Marketplace Saas..) • IT (& TMT) • Media • Businesses Solutions • FinTech (& Financials services) • HealthTech (& Fitness) • Medical Devices (& Hospital Services) • DeepTech • Healthcare (& Wellness) • Investment Management • Consumer |
Stages | Seed, Series A |
Investing | United States |
Investment Range | $1,000,000 - $5,000,000 |
Investment Sweet Spot | $3,000,000 |
137 Ventures is a San Francisco-based venture capital firm focused on investing in private technology companies across a wide range of industries. Their core investment areas include Software, IT and TMT, Media, Business Solutions, FinTech and Financial Services, HealthTech and Fitness, Medical Devices and Hospital Services, DeepTech, Healthcare and Wellness, Investment Management, and Consumer. With a flexible capital approach, 137 Ventures specializes in providing structured liquidity to founders and executives, engaging in direct secondaries, and participating in primary financings. They aim to invest in transformative and defensible companies that are shaping the future. Their investment strategy is notable for offering founders alternative ways to access liquidity compared to traditional secondary markets. The firm's investment size varies, with a minimum of $10 million, a maximum of $30 million, and a 'sweet spot' at approximately $15 million, indicating their preference for Seed stage ventures. They pride themselves on a multi-stage venture approach that encompasses multiple transaction types. The fund's thesis hinges on identifying and supporting companies that present a significant growth potential and can benefit from 137 Ventures' unique investment model. Founded in 2011, 137 Ventures has over $3 billion in assets under management (AUM) and has been involved with numerous public companies. They derive their name from various symbolic and historical references, including founding partner Justin Fishner-Wolfson’s grandfather’s seat number on the New York Stock Exchange and the number's significance in mathematics and physics. The company’s portfolio includes positions in several key sectors like Space, HR Tech, Consumer, Defense Tech, Logistics, and SaaS. They also emphasize that past performance is not indicative of future results and that a complete list of portfolio companies can be requested, underscoring the firm's commitment to transparency and investor communication.