42 Ventures
Status
INACTIVE
Global HQ
Salt Lake City, United States
Countries of investment
- USA
- Kuwait
Investment stages
- Seed
Industries
- Technology
- IT
About
42 Ventures is a venture capital firm and business accelerator founded in 2006 by Ned Stringham. They partner with entrepreneurs to grow software-driven businesses in highly defined markets, focusing on industry-focused, cloud-based software businesses.
42 Ventures is a venture capital firm and business accelerator founded in 2006 by Ned Stringham. They partner with entrepreneurs to grow software-driven businesses in highly defined markets, focusing on industry-focused, cloud-based software businesses.
Investment Thesis
42 Ventures targets companies that are industryfocused and leverage cloudbased technologies. The firm seeks businesses that have established products and customer bases, with a focus on sectors such as cloud computing, financial services, and government technology. They value companies with Theylldefined markets and specialized functions, aiming to support growth rather than just providing capital.
Manager's Experience
Top-tier fund concentrating on early-stage technology investments in North America and Europe. Engaged in over 30 deals with a strong track record of notable exits, including several successful IPOs. Known for a hands-on, operator-led investment style that emphasizes founder collaboration and data-driven decision-making. Selective in approach, prioritizing transformative innovations within the tech sector.
Portfolio
Neubility
Luminoso
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