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Advance Venture Partners

About

Advance Venture Partners ("AVP") combines the disciplined approach of an institutional venture and growth equity investor with the strategic insights, access, and impact made possible by a high-value strategic partner. Our initial investments in businesses range from $5 million to $30 million, and we have a broad investment mandate across software and consumer verticals, including digital health and insurtech.

AVP is affiliated with Advance, the private, family-held holding company focused on fostering long-term growth and innovation across a diversified portfolio in media, technology, entertainment, education, communications, and other growth sectors. Advance’s portfolio includes Conde Nast, Advance Local, The IRONMAN Group, American City Business Journals, Turnitin, 1010data and is among the largest shareholders in reddit, Charter Communications, and Discovery.

Our investment thesis

  • We are theme or sector-driven and are comfortable investing in companies serving either enterprise or consumer end markets.
  • We work tirelessly to support exceptional founders and operators building disruptive, landscape-changing businesses.
  • We write $10 to $25 million first checks into businesses with product in market, evidence of product-market-fit, sound fundamentals, compelling growth, and large end markets.
  • Our evergreen fund structure allows us to be patient capital and long-term strategic partners to our portfolio companies.
  • AVP is built in partnership with Advance, a family-owned multi-genera­tional holding company that owns and operates enduring media and technology companies.
  • We concentrate our time in industries and verticals where we have built conviction around evolving market trends and the opportu­nities created for emerging platforms. We are actively pursuing investments in verticals including digital health, data platforms, insurance technology, and financial technology.

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