CoVenture Group (CV Group) is an alternative asset manager that provides solutions across the capital stack of technology-enabled companies.
$2.4B+
Assets Under Management
2014
Year Founded
100+
Companies backed since inception
AUM is as of 6/30/2023 and is defined as total committed capital managed by all CoVenture Group affiliates and is inclusive of co-lender commitments. CVM investor commitments account for $1.54 billion and co-lender commitments account for $232 million, while Crossbeam investor commitments account for $437 million. Any remaining difference is attributable to legacy venture investments managed by an additional CoVenture Group business.
Investment Strategies
CV Group, through its affiliates, invests in growing companies across three core strategies.
We believe that our multi-disciplinary investment approach enhances our relevance to top companies and provides us with a comprehensive investing perspective.
Asset-Based Credit
Hybrid Capital Solutions
Venture Capital
*CoVenture Management, LLC (“CVM”), a registered investment adviser, is the investment manager of the asset-based credit and non-distressed special situations strategies; Crossbeam Venture Partners("Crossbeam"), an exempt reporting adviser, is the investment manager for the venture capital strategy. Crossbeam is a joint venture between CoVenture Holding Company, LLC, Moelis Asset Management, LP("Moelis"), and Fenway Summer, LLC. CVM and Crossbeam maintain separate investment teams, track records and books and records. Only Ali Hamed sits on the investment committee of each adviser.
Select Portfolio Companies
Gravitiq is an omnichannel value-acceleration platform focused on the acquisition and development of healthcare brands.
ProducePay is improving the supply chain for fresh produce.
Acquco is focused on building the largest e-commerce platform in the world.
Zoom Casa empowers homeowners to buy and sell on their own terms.
Constrafor is a fintech company that’s reshaping the construction industry.
Spotter empowers top YouTube creators to accelerate their business and unleash their full creative potential.
Nitra is a software and financial services company built with healthcare in mind.
Paytient is the creator and leading provider of Health Payment Accounts (HPAs).
Tabby creates financial freedom in the way people shop, earn and save, by reshaping their relationship with money.
*Investments shown herein are solely for illustrative purposes to provide examples of CoVenture’s investing history and do not purport to be a complete list of investments. For a more complete list, click here.