Fund profile
Armory Square Ventures
United States
Leading
About
Armory Square Ventures (ASV) is a venture capital firm based in Skaneateles, New York, founded in 2013 by Somak Chattopadhyay. The firm focuses on early-stage investments, particularly in the Seed and Series A stages, and emphasizes B2B software and technology-enabled services. ASV's primary investment regions include New York State and secondary markets across the Midwest. ASV is known for supporting transformative companies in underserved areas, aiming to revitalize local economies by backing high-growth startups. They have a robust portfolio that includes notable companies like BentoBox, RealEats, and ACV Auctions. ASV typically invests up to $1 million initially, with a strong commitment to follow-on investments, ensuring that startups have the necessary resources to scale. The firm's mission is deeply rooted in fostering economic growth in regions that have traditionally been overlooked by conventional venture capital. They provide more than just capital, offering active counsel, mentorship, and access to a broad network of investors and industry partners. The team at ASV includes experienced professionals such as Neenah Jain (Chief Financial Officer & Partner) and Pia Sawhney (Partner), who work collaboratively to guide startups through various growth stages. ASV's approach is characterized by its hands-on involvement, helping founders with strategic decisions, talent acquisition, and customer development.
Details
Highlights
$7.4M
Historical average check
$93M
Historical max check
December 2023
Last investment date
18
Investments
Software & Apps
E-commerce & Retail
Transportation & Mobility
Food & Beverage
Healthtech & Wellness
Real Estate & Proptech
AI & Deep Tech
Data & Analytics
Advertising & Marketing
Media, Events & Entertainment
Fintech & Financial services
Biotech
Sharing economy
Other
Showing 0 lists