Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
Kelmhurst is a venture capital firm founded in January 2021 and headquartered in New York City. The firm focuses on providing funding to early-stage and growth-stage companies, particularly those that are technology-driven. Kelmhurst aims to support innovative startups that are poised for significant growth and impact in their respective markets.
As of now, Kelmhurst operates primarily in New York City and Atlanta, targeting sectors such as consumer, fintech, and enterprise SaaS. The firm has established itself as an alternative asset manager, investing in rising technology firms. Kelmhurst has a small team, with notable partners including Tree McGlown and Leland Maschmeyer, who lead investments across its focus sectors.
Since its founding, Kelmhurst has made strides in the venture capital space, although its recent activity suggests a potential shift towards revenue-stage investments. The firm has a dual strategy that includes early-stage venture checks and a revenue-stage fund, RVF II, which targets North American businesses with revenues between $60 million and $300 million.
Kelmhurst invests primarily in seed and growth stages of companies, with a strong emphasis on technology-driven businesses. The firm operates mainly in New York City and Atlanta, focusing on sectors such as consumer, fintech, and enterprise SaaS. Kelmhurst's investment strategy is designed to identify and support innovative startups that demonstrate potential for significant growth.
The firm seeks to invest in companies that are not only technology-focused but also have a clear path to scaling their operations. Kelmhurst's check sizes are not publicly disclosed, but its dual strategy indicates a willingness to engage in both early-stage and revenue-stage investments. This approach allows Kelmhurst to adapt to the evolving needs of its portfolio companies, providing support at various stages of their growth.
In terms of deal structure, Kelmhurst prefers to engage with companies that have a strong market presence and a clear value proposition. The firm values founders who demonstrate resilience and a deep understanding of their respective markets. Kelmhurst's co-investment patterns suggest a collaborative approach, often partnering with other investors to enhance the growth potential of its portfolio companies.
Kelmhurst's portfolio includes four notable companies, each representing its focus on technology-driven sectors:
This portfolio reflects Kelmhurst's commitment to investing in companies that are positioned for growth in the consumer and fintech sectors, as well as enterprise applications.
Tree McGlown - Managing Partner. Tree has prior experience at Engine Media and co-founded Sideqik, a social media intelligence platform. He specializes in venture capital and technology investments.
Leland Maschmeyer - Co-Founder, Managing Partner. Leland is based in New York and has a strong background in technology investments, focusing on consumer and fintech sectors.
To pitch Kelmhurst, founders should visit their website at kelmhurst.com. It is recommended to include a comprehensive pitch deck that outlines the business model, market opportunity, and financial projections. Kelmhurst prefers detailed presentations that clearly articulate the startup's value proposition and growth potential.
While specific response time expectations are not disclosed, founders should anticipate a thorough review process. Warm introductions may enhance the chances of securing a meeting, as Kelmhurst values connections within the investment community.
As of March 28, 2023, Kelmhurst made a notable investment in StellarFi, a credit-building fintech company. This investment aligns with the firm's focus on supporting technology-driven startups in the fintech sector.
Since its founding in January 2021, Kelmhurst has been actively building its portfolio, although recent reports indicate a potential shift towards revenue-stage investments. The firm has not recorded any new investments in 2025, suggesting a possible strategic pivot.
What are Kelmhurst's investment criteria?
Kelmhurst primarily invests in seed and growth-stage companies within the consumer, fintech, and enterprise SaaS sectors. The firm looks for technology-driven businesses that demonstrate significant growth potential and a clear market strategy.
How can I pitch Kelmhurst?
Founders can pitch Kelmhurst through their website at kelmhurst.com. It is advisable to include a detailed business plan, market analysis, and financial projections in the pitch deck.
What makes Kelmhurst different from other VCs?
Kelmhurst distinguishes itself by focusing on technology-driven startups at both early and growth stages. The firm has a dual strategy that allows it to invest in both seed-stage ventures and later-stage companies with established revenue streams.
What is Kelmhurst's geographic focus?
Kelmhurst primarily operates in North America, with a strong presence in New York City and Atlanta. This geographic focus allows the firm to tap into vibrant startup ecosystems in these regions.
What is Kelmhurst's approach to post-investment involvement?
Kelmhurst adds value to its portfolio companies through strategic guidance, access to a co-investor network, and expertise in scaling technology-driven businesses. The firm actively engages with its portfolio to enhance operational efficiencies and growth.
What is the typical check size for Kelmhurst?
While specific check sizes are not publicly disclosed, Kelmhurst's investment strategy suggests a range that accommodates both early-stage and growth-stage investments, likely varying based on the company's maturity and funding needs.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.