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.
SUM Ventures is an early-stage venture capital firm founded to fill the gap in early-stage support for startups. Established in North America, the firm focuses on investing in and supporting visionary founders who are developing innovative solutions aimed at creating a better future. The firm has a total of $10 million allocated across 28 companies since its inception, demonstrating a commitment to fostering growth in high-potential markets.
With a small but dedicated team, SUM Ventures operates with a strong emphasis on diversity, with 40% of its portfolio companies founded by women and 50% by immigrants. The firm has achieved a remarkable 233% internal rate of return (IRR) since 2018, showcasing its ability to identify and nurture high-potential startups. SUM Ventures previously operated under the name
SUM Ventures invests primarily in the Pre-Seed to Seed+ stages of startups, targeting companies that demonstrate high growth potential across various sectors. The firm has a particular interest in FinTech, PropTech, IoT, AI, healthcare, and climate technology. Their investment strategy emphasizes supporting ventures that have a significant impact on society and the environment.
The firm seeks strong founder teams with innovative solutions and a commitment to diversity. SUM Ventures is open to opportunities across the United States, focusing on early-stage companies that align with their mission of creating a better future. They prefer to invest in companies that not only have a solid business model but also contribute positively to their communities.
SUM Ventures has a diverse portfolio of six notable companies, each contributing to various sectors:
These companies reflect SUM Ventures' commitment to investing in impactful solutions across multiple sectors, including healthcare, sustainability, and technology.
Garrett Gilbertson: Managing Partner with extensive experience in venture capital and a background in technology investments.
Harry Hopper: Senior Partner known for his expertise in early-stage investments and operational support.
Raj Khoshoo: Senior Partner with a focus on fintech and healthcare sectors, bringing a wealth of industry knowledge.
Derek Hu: Partner who specializes in technology-driven startups and has a strong track record in scaling businesses.
Brent Celek: Partner with a background in sports technology and consumer products, providing unique insights into market trends.
Peter Jun: Venture Partner with experience in strategic investments and business development.
Nachi Gupta: Venture Partner focused on operational excellence and scaling startups.
Margot Shapiro: Venture Partner with a strong background in healthcare investments and startup mentorship.
Chris Sporck: Venture Partner known for his expertise in AI and machine learning technologies.
Brian Stephenson: Venture Partner with a focus on sustainability and climate technology investments.
To pitch SUM Ventures, founders should use the preferred channel available on their website at sum.vc/founders/. The pitch deck should include a clear overview of the business model, market opportunity, and team background. SUM Ventures does not specify a formal application form, but they encourage concise and impactful presentations.
Response times may vary, but founders can expect to hear back within a few weeks. Warm introductions are preferred but not mandatory.
In October 2024, SUM Ventures' portfolio company LiveEasy was acquired by AppFolio, marking a significant exit for the firm. This acquisition highlights the firm's ability to identify and support high-potential startups.
SUM Ventures continues to engage actively with its portfolio companies, providing operational support and leveraging its network to enhance their growth potential. The firm remains committed to investing in diverse and impactful ventures across various sectors.
What are SUM Ventures' investment criteria?
SUM Ventures focuses on early-stage companies in the Pre-Seed to Seed+ stages, particularly in sectors such as FinTech, PropTech, IoT, AI, healthcare, and climate technology. They prioritize ventures that demonstrate a commitment to diversity and have a significant impact on society.
How can founders apply or pitch to SUM Ventures?
Founders interested in pitching to SUM Ventures can reach out through their website at sum.vc/founders/. They encourage a clear presentation of the business model and the potential impact of the startup.
What makes SUM Ventures different from other investors?
SUM Ventures distinguishes itself through its strong commitment to diversity, with 40% of its portfolio companies founded by women and 50% by immigrants. Additionally, they leverage a network that includes major players like Siemens and Douglas Elliman to provide operational support.
What is the geographic scope of SUM Ventures' investments?
SUM Ventures primarily invests in early-stage companies based in the United States, but they are open to opportunities that align with their investment thesis globally.
What is the typical check size for investments?
SUM Ventures invests in the Pre-Seed to Seed+ stages, with check sizes varying based on the specific needs of the startup and the stage of investment.
What kind of post-investment involvement does SUM Ventures have?
SUM Ventures provides operational assistance and strategic support to its portfolio companies, leveraging its extensive network to help founders navigate challenges and scale their businesses.
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.