Adjacent

Adjacent is an early-stage venture capital firm led by Nico Wittenborn, a seasoned investor with prior experience at Point Nine Capital and Insight Partners. The fund stands out for its investments in high-growth, tech-driven companies such as Revolut, Chainalysis, Oura, and PhotoRoom. With a clear focus on the intersection of consumer technology and SaaS, Adjacent targets startups building platform-shifting innovations. Geographically, Adjacent leans towards U.S. and European markets, especially major hubs like New York and Paris. Their strategy is centered on relatively small, early-stage investments, often writing checks around $2-5M. Though the fund typically doesn't lead rounds, it plays a crucial role as a follow-on investor, backing companies that demonstrate early signs of scaling potential. Wittenborn's philosophy is rooted in not chasing $10B outcomes but rather in building a highly concentrated, collaborative portfolio. The fund invests across sectors like fintech, AI, and mobile applications, with recent deals including RevenueCat, Copilot, and Ostrom. Founders seeking to engage Adjacent are best suited to focus on scalability and clear market traction, as Wittenborn prefers lean operations with strong growth signals. The team operates from New York and actively reduces the number of companies they engage with to maintain close founder relationships.