CoVenture

CoVenture is a New York-based investment firm focused on early-stage startups, particularly in fintech, blockchain, alternative lending, and emerging tech markets. Their approach combines capital investment with hands-on operational support, often using in-house software development to help portfolio companies bring products to market. CoVenture tends to invest in industries like e-commerce, consumer goods, and media, backing notable companies such as Rent the Runway, BlockFi, and YieldStreet. The firm typically writes checks ranging from $2 million to $20 million, targeting Series A investments. CoVenture is especially known for its asset-based credit and hybrid capital strategies, which align well with its focus on technology-driven sectors. They provide both equity and debt financing to ensure startups can scale sustainably. The team, led by co-founders Ali Hamed and Michael Duda, is highly active in the US but also makes strategic investments in international markets such as Mexico and the UK. CoVenture often leads funding rounds and has co-invested with prominent funds like Andreessen Horowitz and Lightspeed. Their strategy is deeply collaborative, working closely with founders on operational efficiency and technology scaling​.