Contour Venture Partners
Contour Venture Partners, founded in 2005 and based in New York City, focuses on seed stage venture capital, investing in innovative software solutions in enterprise SaaS, vertical B2B SaaS, and financial services sectors.
Company Overview
Contour Venture Partners, founded in 2005 and based in New York City, focuses on seed stage venture capital investments. The firm invests in innovative companies providing software solutions in enterprise SaaS, vertical B2B SaaS, and financial services sectors. Contour manages seven funds and is currently investing from its fifth fund, Contour Venture Partners V. It has achieved 33 liquidity events and typically invests between $500,000 and $2 million in initial rounds, often acting as the lead or co-lead investor.
Investment Strategy
Contour Venture Partners emphasizes investing in companies with the potential to achieve significant market share in large and growing markets, particularly in the Northeast United States. They support portfolio companies through additional rounds of investments and often take an active role, including board seats. The firm prioritizes partnerships with passionate entrepreneurs and management teams, providing deep expertise in overcoming growth challenges at various phases of company development. The investment amount typically ranges from $500,000 to $2 million in initial funding rounds.
Portfolio and Impact
Contour Venture Partners has invested in over 105 companies, resulting in the creation of over 11,500 jobs. The portfolio companies collectively generate $2.8 billion in annual revenue. The firm’s investments have led to significant business transformations and market penetration for these ventures. Contour also supports its portfolio companies through subsequent investment rounds, enhancing their growth and development.
Funds Management
Contour Venture Partners currently manages seven funds, including three late-stage growth funds, with the most recent being Contour Opportunity Fund III. The firm’s comprehensive fund management strategy ensures consistent support for both early-stage ventures and more developed companies requiring growth capital. This diversified approach allows Contour to effectively address various needs of portfolio companies at different stages of their lifecycle.
Community Engagement
Beyond its investment activities, Contour Venture Partners demonstrates a commitment to the local community by donating a portion of its profits to exceptional New York City area-based charities. This philanthropic approach underscores the firm’s dedication to fostering not just business success but also social impact within its immediate environment.