The New York and Nashville venture firm hunts for software in places where clipboards, compliance binders and fragmented workflows still run the day. Its portfolio shows a consistent wager: overlooked industries can become unusually durable technology markets.
Women-led startups still receive a sliver of venture funding. The 98 treats that gap not as a charity brief, but as an investable inefficiency - then brings an operator network to the cap table.
Cultivation Capital filled a funding gap in St. Louis, then turned that local thesis into a network of specialist funds. Its wager is simple: useful companies can start anywhere, but they still need capital, counsel and the right introductions at exactly the right moment.
A.Capital built its pitch around a Silicon Valley heresy: a venture firm does not need a fixed ownership target to matter. Its wager is that recruiting muscle, technical judgment and the right introduction can make a small slice unusually consequential.
Three veteran investors left Bessemer, Andreessen Horowitz and Index to build a venture firm around an unfashionable promise: fewer bets, shared conviction and actual partner time.
Market Square Ventures is making a simple regional bet: good founders do not become less investable when they live outside the usual venture map. Its small checks, operator network, and rapidly expanding portfolio are testing how much a hometown fund can change a startup ecosystem.
Footwork pairs an investor's pattern recognition with an operator's scar tissue, then asks both partners to own every decision. Five years in, that compact design is becoming a case study in how a small venture firm can stay concentrated while its market changes underneath it.