Investor Type | Firm |
Industries | FinTech (& Financials services) • HealthTech (& Fitness) • Gaming (& eSports) • GovTech • Medical Devices (& Hospital Services) • Healthcare (& Wellness) |
Stages | Pre-Seed, Seed, Series A, Series B |
Investing | United States • United Kingdom • Pakistan |
Investment Range | $150,000 - $2,000,000 |
Investment Sweet Spot | $500,000 |
Assets Under Management | $100,000,000 |
47 Ventures is an investment fund focused on fueling the growth of high-potential startups and rearing entrepreneurial dreams in Pakistan's burgeoning tech scene. They channel their resources into startups leveraging technology to scale rapidly and grow efficiently, particularly in sectors such as FinTech, HealthTech, Gaming, GovTech, Medical Devices, and Healthcare. Understanding the importance of foundational capital, they specialize in Pre-Seed, Seed, Series A, and Series B funding stages. With a robust investment range, they make minimum investments of USD 150,000 and can go all the way up to USD 2,000,000, with their sweet spot at around USD 500,000, aligning with their asset management portfolio of USD 100,000,000. Their investment philosophy emphasizes businesses targeting sizeable markets – over USD 100M – and having a majority of shares controlled by the founder-driven teams responsible for execution. Moreover, they have a strong inclination towards businesses with a significant market in Pakistan. At the Seed Stage, they engage with strong teams to help minimum viable products reach test markets, usually collaborating with partner incubators and accelerators. In the Early Stage, they invest in companies with products and services showing early traction, evaluating viability through revenue, user base, customer testimonials, and other economic metrics. For the Growth Stage, they inject early growth capital, preferring to have an existing relationship with the company but also considering strong referrals and proof of market traction. Their goal is to see these investments scale to become global enterprises, with a rigorous qualification process ensuring alignment with their investment thesis.