Investor Type | Firm |
Industries | Software (Web Marketplace Saas..) • Education |
Stages | Series A, Seed |
Seyen Capital is a venture capital firm located in Chicago, IL that specializes in investments across a broad range of areas including information technology, software, web marketplace SaaS, and telehealth, as well as having an interest in the education sector. They prioritize investing in companies that are at the venture/growth stage of their development cycle. A typical target company for Seyen Capital has already developed an initial product and has successfully secured its first cohort of customers. Additionally, Seyen Capital looks for investment opportunities in geographical locations that are less recognized as technology hubs. Cities such as Chicago, Nashville, Minneapolis, Atlanta, Dallas, Austin, Denver, Tampa, Philadelphia, and New York are considered desirable locales by the firm, as they offer substantial infrastructure for building quality businesses while being distanced from the intense competitive environment of areas like Route 128 or Silicon Valley. As part of their investment strategy, they actively participate in organizational development and strategic growth initiatives, aiding their portfolio companies in accessing various equity and debt markets. Seyen Capital approaches their investments with an entrepreneurial spirit, viewing the entrepreneur as their primary customer and focusing on the mutual success of both the entrepreneur and the investors. Their track record since 2001 boasts impressive results, with their companies experiencing an average revenue growth of 30x post-investment, and only a single loss recorded over the same period. Seyen Capital's portfolio illustrates several successful exits, such as Knightsbridge (sold to HP), Danger (sold to Microsoft), and Discovery Health (sold to MultiPlan Corporation), along with public offerings like Convio, Cbeyond, Synchronoss, and Borderfree. They also maintain ongoing investments through recapitalizations, as with GoHealth. Their more recent investments in companies like Convr, KnowledgeHound, and PowerPublish indicate Seyen Capital's continued commitment to nurturing new ventures that are earlier in their development cycles.