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Broadway Venture Partners operates as an early-stage venture capital firm, specializing in identifying and supporting capital-efficient technology companies exhibiting initial traction. The firm primarily invests in businesses developing commerce software, AI-powered tools for consumer and enterprise sectors, and innovative marketplace solutions. Their approach emphasizes partnering with companies that may be overlooked by mainstream venture capital, focusing on specialized applications within the technology landscape.
The firm was established in 2024 by Jett Fein and Jeff Truong, founded on the premise of seeking out "exceptional companies off the beaten path." This insight guides their investment strategy towards non-consensus markets and unconventional founder profiles. Jett Fein brings extensive early-stage technology experience from his tenure as a General Partner at Headline, while Jeff Truong’s background includes building VMG Catalyst’s commerce software practice as a Founding Partner.
Broadway Venture Partners targets early-stage technology companies, especially those at the intersection of AI and commerce, as well as e-commerce and marketplace businesses. The firm’s vision is to forge partnerships with these promising technology ventures, helping them navigate complexities and realize their potential. They aim to foster growth within innovative sectors by backing founders with unique perspectives and solutions.
Broadway Venture Partners has 1 tracked investment across 1 company. The latest tracked deal is $12.0M Series A in Proxima in April 2024.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Apr 1, 2024 | Proxima | $12.0M Series A | — | Active Capital, LiveOak Venture Partners, Mucker Capital, NextGen Venture Partners, Aglae Ventures, Connexa Capital, Data Point Capital, Firstlook Partners, Great Oaks Venture Capital |