SNAK Venture Partners

SNAK Venture Partners is a Chicago-based venture capital fund that leads seed-stage investments in digital marketplace startups. Its stated thesis is narrow: backing companies that bring offline, fragmented industries online, with named verticals including supply chain, construction, logistics and manufacturing. The firm invests nationally across the United States while operating from its Chicago headquarters.

Diligence is organised around a proprietary process the firm calls the SNAK Machine, used to evaluate marketplace investment opportunities. The approach is drawn from direct operating and investing experience in marketplaces, which the team puts at more than 30 years combined. Team backgrounds include Amazon, RetailMeNot and Pritzker Group Venture Capital.

The firm was founded by Sonia Nagar and Adam Koopersmith, who describe an approach of partnering with founders at an early stage as they build and scale marketplace businesses. Technical focus areas cited by the firm are digital marketplaces, marketplace technology and online transaction platforms. Cheque sizes and founding date are not disclosed.