Second Avenue Partners

What is Second Avenue Partners?

Second Avenue Partners is a Seattle-based venture capital firm that provides management, strategy, and capital for early-stage companies in the Greater Puget Sound area.

Founded in February of 2000 and headquartered in Seattle, Washington, they focus on investing in promising teams and transformational ideas across a wide range of sectors, including but not limited to Internet, consumer and social media, software, mobile, and clean energy. The firm is characterized by a broad investment interest, ready to embrace a wider range of ideas in other areas like hardware, education, entertainment, IoT, CleanTech, cannabis, material science, and mobile sectors.

They typically invest up to $9 million with the objective to build long-term relationships with their portfolio companies, preferring innovative concepts with market-disruptive opportunities and models that benefit from cutting-edge technologies. Second Avenue Partners prides itself on a different attitude towards investing, one that involves a mentoring relationship with its portfolio companies, rather than just financial involvement. This approach underscores their commitment to actively assist their portfolio companies in becoming market leaders.

The leadership team, comprising founding partners Nick Hanauer, Pete Higgins, and Mike Slade, brings significant experience and insights, previously contributing to the success of companies such as Market Leader, In Situ, Azaleos, Newsvine, Fan Nation, Knock, Seeq Corp, Real Self, Modumetal Inc., Tree Ring, Flexe, FitOn, Iota Software, Uplevel, Iunu, and Footprint US.

The firm believes in the potential of entrepreneurial teams to leverage new ideas into sectors ripe for innovation, positioning themselves as a key player in nurturing early-stage ventures in the Pacific Northwest.