33N Ventures is a specialized venture capital firm focusing on B2B cybersecurity and infrastructure software companies. Established in 2022, the firm operates globally, with a particular emphasis on Europe, Israel, and the United States. The name "33N" symbolizes the geographical connection between these strategic regions, aligning with the 33° North parallel.
Key Strategic Focus
33N Ventures targets early growth-stage companies developing and commercializing emerging technologies in cybersecurity and infrastructure software. The firm invests primarily during Series A and B financing rounds, with investment sizes ranging from €4 million to €12 million. Their focus includes sectors such as developer tools, cloud infrastructure, data infrastructure, and AI/ML tools.
Financials and Funding
In partnership with global asset management firm Alantra, 33N Ventures launched a €150 million fund aimed at investing in cybersecurity and infrastructure software companies. Alantra and its strategic partners have committed €20 million to this fund. The firm has also received backing from the European Investment Fund (EIF) and the LFF 2 initiative, a collaboration between the Société Nationale de Crédit et d'Investissement (SNCI) and the EIF, supporting the diversification of the Luxembourgish economy.
Portfolio Development
33N Ventures has a track record of over 20 investments in cybersecurity and infrastructure software companies across Europe, Israel, and the U.S. Notable investments include:
- Arctic Wolf: A cybersecurity company founded in 2012 by former Blue Coat Systems CEO Brian NeSmith.
- Exein: An IoT cybersecurity technology firm embedding AI security capabilities directly into device software.
- StrikeReady: An AI-powered security command center designed to centralize security data and accelerate threat response.
These investments reflect 33N's commitment to supporting companies with proven technology and high growth potential.
Leadership Team
The leadership team at 33N Ventures comprises experienced professionals with extensive backgrounds in cybersecurity and infrastructure software:
- Carlos Alberto Silva: Managing Partner with over 15 years of experience in tech services and venture capital.
- Carlos Moreira da Silva: Managing Partner with a similar tenure, focusing on scaling cybersecurity companies.
- Gonçalo Borges: Principal with expertise in investment strategies within the tech sector.
- Pedro Carreira: Principal specializing in identifying and supporting high-potential startups.
- Margarida Correia: Senior Associate with a focus on portfolio management and growth strategies.
The team is supported by a global network of over 30 specialized advisors, including entrepreneurs and cybersecurity decision-makers.
Competitor Profile
The cybersecurity and infrastructure software investment landscape is competitive, with several firms operating in similar domains:
- Escent: A consulting firm specializing in business analysis and project management within the tech sector.
- CTC Groupe: Provides consulting and training services in information security and IT governance.
- Mainanalytics: Focuses on data analytics solutions for various industries, including healthcare and finance.
These competitors offer overlapping services in analytics, consulting, and training, positioning themselves in the broader tech investment and advisory landscape.
Strategic Collaborations and Partnerships
33N Ventures has established significant partnerships to strengthen its market position:
- Alantra: A global asset management firm partnering with 33N to launch the €150 million fund.
- European Investment Fund (EIF): Provides backing to support 33N's investment initiatives.
- LFF 2 Initiative: A collaboration between SNCI and EIF aimed at diversifying the Luxembourgish economy through innovative company financing.
These partnerships enhance 33N's capacity to support portfolio companies and expand its investment reach.
Operational Insights
33N Ventures differentiates itself through deep domain expertise in cybersecurity and infrastructure software, direct and indirect market access, and a global network of advisors. Their strategic focus on early growth-stage companies with proven technology and existing revenues positions them to effectively support scalable businesses with global potential.
Strategic Opportunities and Future Directions
Looking ahead, 33N Ventures aims to capitalize on the growing demand for secure digital transformation solutions. With the cybersecurity market projected to reach over $160 billion in 2022 and robust annual double-digit growth expected, 33N is well-positioned to identify and invest in high-growth companies that address critical infrastructure and security challenges.
Contact Information
- Website: www.33n.vc
- LinkedIn: linkedin.com/company/33n-ventures
- Twitter: twitter.com/33nventures
For further inquiries, please visit their official website.
