Select Venture Partners

Select Venture Partners is a Virginia-based early-stage venture capital firm founded in 2014 and headquartered in Fredericksburg, Virginia. The firm was created by Managing Partner Adam Slovik alongside partners Michael Pratt, Sameer Shalaby, and Sol Zlotchenko — a group of operator-investors who collectively bring more than 100 years of cross-industry software startup experience and over $1 billion in successful exits from their own prior companies. Select positions itself as a post-seed, pre-Series A investment manager: it targets B2B software companies that have validated product-market fit but still need capital plus operator-level help to reach Series A. Initial checks typically fall in the $1 million to $5 million range. The firm concentrates geographically on the US East Coast — the Washington DC metro area, Boston, Philadelphia, and New York — plus the Intermountain West, and focuses on cloud services, SaaS, enterprise software, mobile, data and analytics, and e-commerce. Across approximately 21 investments the firm has produced 7 portfolio exits, including 1 IPO and multiple M&A outcomes. Select leads rounds. Named portfolio companies include Urgently (roadside assistance SaaS, which listed on NASDAQ in October 2023 as the firm's most recent exit), Optii Solutions (hotel operations platform, where Select led a $2.7 million Series A alongside HOF Capital and Camber Creek), CampusLogic (higher-education financial aid SaaS), and Handsfree Labs (the most recent disclosed investment, a Series B-II in September 2024). Select's model is built on the premise that founders of high-growth software companies are best served by investors who have themselves built, scaled, and exited software businesses. The partners apply their firsthand operating experience to helping portfolio companies navigate the specific challenges of the post-product-market-fit to Series A transition.