Elsewhere Partners

What is Elsewhere Partners?

Elsewhere Partners is a venture capital firm that focuses on providing growth-stage capital to business software companies not located in traditional venture hubs. These companies, referred to as 'Elsewhere Outliers,' are often bootstrapped or lightly capitalized, and they come to Elsewhere Partners when they are ready for the capital, expertise, and connections needed to reach their next growth milestone.

Elsewhere Partners invests in a variety of industries including Software, IT & TMT, Business Solutions, AI & Big Data, Web Security & Privacy, Analytics, and Cloud Services & Infrastructure. With a fund type classified as a Venture Capital Fund, they offer equity investments with a minimum of $3 million, a maximum of $8 million, and a sweet spot of around $5.5 million. Their specialties include supporting companies at the Expansion, Later Stage, Series A, Pre-seed, Series B, and Seed phases.

With assets under management totaling $175 million, Elsewhere Partners operates from Austin, Texas, and targets companies with $3-15M in Annual Recurring Revenue (ARR) that are headquartered in North America, Israel, or Europe. Their investment thesis revolves around guiding companies through growth with majority recapitalizations and providing the necessary ecosystem of advisors required for companies to scale in a capital-efficient manner.

Founders and CEOs of portfolio companies praise Elsewhere's understanding of business physics, the importance of timing and sequencing for scale, and their pragmatic approach to growth, which enhances outcomes for all parties involved.

What they say:

We are a growth capital firm that targets companies outside of typical venture capital centers.

What we look for: We invest in B2B software companies.