Market Focus
We invest in emerging companies in three of today’s most dynamic sectors of information technology:
Software — Innovative companies continue to create software solutions that enable corporations to drive operational improvement and productivity. Meanwhile, software vendors are bringing to market solutions that deliver significant new benefits to small businesses and consumers. Corporations are investing to improve their business-critical IT infrastructure — to make it more secure, more measurable, and more efficient. They are investing in the next generation of application software to generate significant competitive advantage and realize the business benefits of their prior IT investments. Small businesses and consumers are enjoying the availability of a whole new set of enterprise-class software solutions that have been designed, packaged and priced to meet their unique requirements.
Internet — Over the past ten years, the Internet has established itself as an essential channel for businesses and consumers. It delivers a tremendous array of communication, information, commerce and entertainment applications. Companies continue to develop innovative, high-value new products and services that leverage the broad availability, openness and interactivity of the Internet.
Content — Information is power. Innovative companies are leveraging the power of the Internet and related technologies to create and deliver rich information services that support business decision makers and individuals.
Investment Size and Stage
Longworth typically leads an investment in a company’s first or second round of funding. We invest $1-3 million in that first round and, if appropriate, recruit another top-tier investor to syndicate additional capital. We reserve sufficient funds to support your company in future financings.
We are creative and flexible about investing in companies that fall outside these general criteria. For example, Longworth recently led a seed stage investment after agreeing with the entrepreneur that some additional market validation and product development was appropriate before the company began to scale. Likewise, we also partnered with an entrepreneurial team to recapitalize and restructure an established business that is poised for strong growth.
Geography
As your partner, we are best able to provide active support if you’re within a day’s round trip travel of our offices outside Boston. Our primary territories are New England, New York/New Jersey, Philadelphia, and Washington, DC/Northern Virginia. We also invest elsewhere on the East Coast and in cities like Pittsburgh and Chicago.
Do
we sound like the right partner for you? Please
send us your business plan.
© 2008 Longworth Venture Partners®. All rights reserved.
