10H Capital Company Profile
Background
Overview
10H Capital is a multi-strategy, hybrid venture fund based in Chicago, Illinois. Established in 2019, the firm focuses on providing diversified venture capital investments and direct funding opportunities to institutions, family offices, and high-net-worth individuals. By leveraging a network of experienced general partners (GPs), 10H Capital aims to identify and support high-potential companies across various stages of development.
Mission and Vision
The firm's mission is to offer diversified, high-pedigree venture capital funds managed by seasoned GPs and to capture asymmetrical direct investment opportunities by leveraging its GP network. This approach is designed to identify potential breakout companies among portfolio investments. 10H Capital envisions becoming a leading entity in the venture capital space by combining strategic investments with a deep understanding of market dynamics.
Primary Area of Focus
10H Capital specializes in investments ranging from Seed through Series A/B venture funds and engages in direct investments in Series B and later financing rounds. The firm targets a diverse array of industries, including technology, healthcare, and consumer products, aiming to support companies with strong growth potential and innovative solutions.
Industry Significance
Operating within the venture capital and private equity sectors, 10H Capital plays a crucial role in facilitating the growth of emerging companies. By providing capital and strategic guidance, the firm contributes to the innovation ecosystem, helping startups scale and succeed in competitive markets.
Key Strategic Focus
Core Objectives
- Diversification and Risk Reduction: By investing across various stages and sectors, 10H Capital aims to mitigate risk and enhance the stability of its investment portfolio.
- Asymmetrical Total Returns: The firm seeks to achieve superior returns by identifying and investing in companies with high growth potential relative to their risk profiles.
Specific Areas of Specialization
- Seed to Series A/B Venture Funds: Providing early-stage funding to innovative startups.
- Direct Investments in Series B and Later Stages: Supporting more mature companies with additional capital to fuel expansion and development.
Key Technologies Utilized
While specific technologies are not detailed, 10H Capital employs proprietary modeling processes and qualitative scoring systems to evaluate investments efficiently and effectively.
Primary Markets or Conditions Targeted
The firm focuses on markets with high growth potential, particularly in sectors such as technology, healthcare, and consumer products. By targeting these areas, 10H Capital aims to capitalize on emerging trends and innovations.
Financials and Funding
Funding History
Specific details regarding the total funds raised by 10H Capital are not publicly disclosed. However, the firm has established a strong foundation through its network of successful Limited Partners who have built, invested in, and sold profitable companies.
Recent Funding Rounds
Information about recent funding rounds is not publicly available.
Notable Investors
The firm is backed by a consortium of industry-leading business builders who assist in identifying and evaluating top-tier venture funds and promising industries.
Intended Utilization of Capital
Capital raised is utilized to support investments in Seed through Series A/B venture funds and direct investments in Series B and later financing rounds, focusing on companies with strong growth potential across various sectors.
Pipeline Development
Key Pipeline Candidates
10H Capital has invested in several companies across diverse industries, including:
- Collectly: A platform that helps medical groups and revenue cycle management teams accelerate patient cash flow and increase collections.
- Rescale: A technology company providing cloud software and services for engineering and scientific breakthroughs.
- Tül: Supply chain logistics technology connecting construction manufacturers to small businesses in Latin America.
- Pipe: A financing platform that helps companies transform recurring revenue into upfront capital.
- Placer.ai: A leader in location analytics.
- K Health: A data-driven digital primary care app using AI to deliver personalized healthcare.
- Klarna: A payment solutions provider offering various payment options.
- Relativity Space: An aerospace manufacturing company developing launch vehicles and rocket engines.
- Skyryse: A company bringing advanced automation to flight controls and management systems.
- ShipMonk: An e-commerce logistics startup offering fulfillment and technology tools.
- Humi: A cloud-based HR, payroll, and benefits platform.
- Instrumental: A cloud-based monitoring and data analytics platform for electronics designers and manufacturers.
- Multiverse: A company helping upskill teams with data, business, and leadership programs.
- Flipside: Enables on-demand analytics for blockchains.
- Albedo: Developing low-flying satellites for high-resolution imagery.
These investments reflect 10H Capital's commitment to supporting innovative companies across various stages and industries.
Stages of Clinical Trials or Product Development
Specific details regarding the stages of clinical trials or product development for these companies are not publicly disclosed.
Target Conditions
The target conditions vary across the portfolio, encompassing sectors such as healthcare, technology, logistics, and consumer products.
Relevant Timelines for Anticipated Milestones
Information regarding specific timelines for anticipated milestones is not publicly available.
Technological Platform and Innovation
Proprietary Technologies
10H Capital employs proprietary modeling processes and qualitative scoring systems to evaluate investments efficiently and effectively.
Significant Scientific Methods
The firm utilizes a comprehensive qualitative scoring system, supplemented by a proprietary modeling process, to analyze investments both efficiently and effectively.
AI-Driven Capabilities
While specific AI-driven capabilities are not detailed, the firm's investment in companies like K Health, which uses AI to deliver personalized healthcare, indicates an interest in AI-driven solutions.
Leadership Team
Key Executive Profiles
- Abraham Gutnicki: General Partner.
- Estie Israel: General Partner.
- Joseph Mei: General Partner.
Professional Backgrounds and Contributions
- Abraham Gutnicki: As a General Partner, Abraham brings extensive experience in venture capital and private equity, contributing to the firm's strategic direction and investment decisions.
- Estie Israel: With a background in investment banking and venture capital, Estie plays a pivotal role in identifying and evaluating investment opportunities.
- Joseph Mei: Joseph has advised over 50 M&A and financing transactions with an aggregate value exceeding $15 billion. He is a founder of three companies and has experience as an inventor, investment banker, lawyer, and venture capitalist.
Competitor Profile
Market Insights and Dynamics
The venture capital industry is characterized by rapid innovation and competition. Firms like 10H Capital operate in a dynamic environment, seeking to identify and support high-potential companies across various sectors.
Competitor Analysis
Key competitors in the venture capital space include:
- Andreessen Horowitz: A prominent venture capital firm investing in early-stage technology companies.
- Sequoia Capital: A leading venture capital firm focusing on growth-stage companies across various sectors.
- Bain Capital Ventures: Invests in early-stage technology companies, providing capital and strategic support.
Strategic Collaborations and Partnerships
10H Capital collaborates with a network of experienced general partners and industry-leading business builders to identify and evaluate top-tier venture funds and promising industries.
Operational Insights
Operating in a competitive landscape, 10H Capital differentiates itself through its diversified investment approach, leveraging a network of experienced partners to identify high-potential companies across various stages and sectors.
Strategic Opportunities and Future Directions
The firm aims to expand its portfolio by identifying emerging trends and investing in innovative companies across diverse industries. By leveraging its network and proprietary evaluation methods, 10H Capital seeks to achieve superior returns and support the growth of its portfolio companies.
Contact Information
- Official Website: 10hcapital.com