IT Venture Capital
Seyen Capital is a Chicago, IL based venture capital firm that invests in information technology, software and telehealth companies at the venture/growth stage of their development cycle. Our typical target company has developed its initial product and secured its first customers. Geographically, we focus on areas away from the traditional hotbeds of Venture Capital. We have found that towns such as Chicago, Nashville, Minneapolis, Atlanta, Dallas, Austin, Denver, Tampa, Philadelphia and New York provide adequate infrastructure to build quality businesses and benefit from being outside the limelight of Route 128 and Silicon Valley.
Our involvement typically includes:
- Organizational development
- Strategic growth and business development initiatives
- Accessing private equity, public equity, and various debt markets
Philosophically, we view the entrepreneur as our customer and our role to help the entrepreneur make money alongside our own investors. We have an enviable track record of helping entrepreneurs build successful businesses. Since 2001, our companies have grown revenues an average of 30X after our initial investment. During that same period, we have lost money only once. Recent successful exits include Knightsbridge (sold to HP); Danger (sold to Microsoft); Convio (IPO, sold to BlackBaud); Cbeyond (IPO); Synchronoss (IPO); Borderfree (IPO, sold to Pitney Bowes); Vubiquity (sold to AmDocs); Autism Home Support Services (sold to Invo); Cybera (sold to PDI); GoHealth (IPO) and most recently Discovery Health (sold to MultiPlan Corporation). We have also been involved in a number of recapitalizations where we continue to own positions, such as GoHealth. More recent investments that are earlier in their lifecycles include Convr, KnowledgeHound, PowerPublish, PursueCare, Reconstruct, TeleTeachers, and TrueData.