Companyon Ventures Closes Second Fund, at $27.5M

Companyon Ventures

Companyon Ventures, a Boston, MA-based venture capital firm, closed its $27.5m second fund midway through the second quarter.

Limited Partners (LPs) include a diverse group of wealth managers, family offices, and high net worth individuals.

Led by Co-Founders and General Partners Firas Raouf and and Tom Lazay, Companyon Ventures will continue to execute its focused strategy of investing in post-seed, pre-Series A B2B software companies that have found early product-market fit and aim to build repeatable and scalable go-to-market (GTM) infrastructure. The firm deploys its team of B2B SaaS GTM experts to help its companies implement the necessary leadership, tools, and playbooks used by top-performing expansion-stage startups.

To date, Companyon Ventures has invested in 14 startups across its two funds, delivering operational support through its Platform Team and Venture Partners. The Platform Team consists of a curated group of stage-specific consultants that specialize in scaling operations and GTM strategy while the Venture Partners, a select group of B2B software executives, engage in advisory and fractional support roles.

This year, the firm added Operating Partner, David McFarlane, and Director, Ronny Chatterjee, who joined from OpenView Venture Partners and Cambridge Associates before that.

The first few investments from Fund II include RoadSync’s $30M Series B led by Tiger Global and Apty’s $7.5M Series A led by 645 Ventures.

FinSMEs

22/08/2021