Fundraising Fox

Advection Growth Capital

Growth equity

New York City · Seed–Growth · 4 people tracked

Find your way into Advection Growth Capital

1,636 people in our graph share verified history with the Advection Growth Capital team — schools, employers, funds. One of them is your warm intro.

Dan Bartusunlockedknows Mark Rosen · together at Bank of America Merrill Lynch (overlapped)
×5knows the team · via Bank of America Merrill Lynch
×2knows the team · via Harvard Business School
×3knows the team · via Credit Suisse
knows the team · via Stuyvesant High School
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Investment thesis

Advection Growth Capital positions itself as a merchant bank centered on investing in and advising high-growth companies. It acts as a connector between capital sources — family offices, ultra-high-net-worth and high-net-worth individuals, and institutional investors — and the companies it backs. Its advisory work is grounded in deep knowledge of both clients and investors, an emphasis on alignment of interests, and a long-term commitment to relationships.

Invests inSector AgnosticNew York CityUnited States

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Growth
HQ
New York City, US
Instruments
Equity
Founded
2017
Tracked investments
29

Team · 4 people

from the firm's website

What they invest in

from 23 of 29 portfolio companies

SaaS ×7Healthtech ×5Consumer ×4Enterprise Software ×4Fintech ×4AI & Machine Learning ×3Deep Tech ×3Digital Health ×3

HQs:United States×15United Kingdom×1

Who they back

founder profiles across 18 portfolio companies
56%
solo founders
10 of 18 mapped founding teams
48%
repeat founders
of 25 founders with career history

Founding team size:solo founder×102 founders×33 founders×24+ founders×3

Where their founders studiedfrom 26 founders with education data

Stanford University ×6Harvard Business School ×2The Wharton School ×2University of Virginia Darden School of Business ×2

Where their founders worked beforefrom 25 founders with career history

Carya Venture Partners ×2Holder Aerospace ×2

3 founders hold a PhD · 8 hold an MBA (of 25 with degree data)

Investments · 29 tracked

founders shown can be your intro path

By year:2019 · 12016 · 23 dated

WEX, Inc.wexinc.comin𝕏NYSE: WEXJul 2016

WEX provides business payment solutions, including corporate payments, mobility/fleet payments, and employee benefits offerings.

Enterprise SoftwareFintechMobility & TransportationSaaSSouth Portland, US

Jeff Young(Executive Officer)inMichael D. Dubyak(Director)inRoberto Simon(Executive Officer)inMelissa Smith(CEO and President)Carlos Carriedo(Chief Operating Officer, Americas Payments & Mobility)inJay Dearborn(Chief Operating Officer, International)in

Co-investorsGenstarNorth Atlantic Capital

Acoustic Bioacoustic.bio
BEGiNbeginlearning.com𝕏

Begin is an early learning company serving children ages 2-10 and their families through activity kits and digital learning apps designed to develop collaboration, communication, critical thinking, creativity, and confidence.

ConsumerCreator EconomyEdTech

Co-investorsLEGO VenturesLiquidity Capital

Brewer Lane Venturesbrewerlane.com

Co-investorsThompson Hutton, LLC

Clarendon Capital LLCclarendongrp.com
Codercoder.comin𝕏

Coder provides a self-hosted platform for cloud development workspaces that helps developers and platform teams standardize environments, build faster, and maintain security and control.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareSaaS

Ammar Bandukwala(Founder)in

Co-investorsBessemer Venture PartnersIn-Q-TelNotable CapitalRedpoint VenturesUncork Capital

Commonwealth Fusion Systemscfs.energyin𝕏

Commonwealth Fusion Systems develops commercial fusion power plants using high-temperature superconducting magnet technology to provide grid-scale energy.

CleantechClimate TechDeep TechEnergyCambridge, US

Brandon Sorbom(Founder)inRobert Mumgaard(Executive Officer, Director)inDaniel Brunner(Executive Officer)inBob Mumgaard(Founder)in

BoardMassimiliano Pieri(Director)Katie Rae(Director)in

Co-investorsArmada Investment AGBay Bridge Ventures ClimateBeni Venture CapitalBrainstorm VenturesBreakthrough Energy VenturesCoatue Management+39 more

Divergentdivergent3d.com

Kevin Czinger(Founder)in

Co-investorsManta Ray VenturesTrousdale Ventures

Finexiofinexio.comin𝕏

Finexio helps companies automate accounts payable and payment processes, replacing paper-based and manual workflows with digital payment solutions.

Enterprise SoftwareFintechSaaSOrlando, US

Ernest Rolfson(Founder and CEO)inChris Wyattin

Co-investorsFlorida FundersPatriot Financial PartnersAlpine MeridianThe Banc Funds Company

HEPCO Capital Managementhepcocapitalmanagementllc.comin

HEPCO Capital Management is a family investment firm founded in 2015 that provides capital for growth investments ranging from seed-stage to control investments, with focus on software, healthcare, financials, and energy sectors.

Philadelphia, US

Jonathan Cohen(Founder)inEdward Cohen(Founder)

Hungryroothungryroot.com

Hungryroot is a personalized meal and grocery service that combines the convenience of meal kits with the variety of a grocery store, allowing customers to set their own budget and receive curated meals and ingredients matched to their dietary preferences.

Direct to ConsumerE-commerceFoodTechNew York, US

Benjamin McKean(President and Chief Executive Officer)

Co-investorsCrosslink CapitalGreat Oaks Venture CapitalLerer HippeauLightspeed Venture PartnersStarting LineZelkova Ventures+3 more

InnovaHealth Partnersinnovahealthpartners.comin

InnovaHealth Partners is a private equity firm focused on investing in the medical device industry, leveraging deep research capabilities and sector expertise to identify and prioritize investment opportunities.

HealthtechMedical Devices

Mortimer Tim Berkowitz III(Founder and Managing Partner)

Jet Zerojetzero.aeroin𝕏

JetZero designs and builds a blended-wing-body commercial jetliner for commercial aviation; the company is developing a full-scale demonstrator airplane slated to fly in 2027 with funding and support from the U.S.

Advanced ManufacturingCleantechDeep TechLong Beach, US

Tom O'Leary(CEO, Co-founder)inMark Page(Co-founder)inRene Sagebien(Executive Officer, Director)in

BoardPat ShanahanEric Hirshberg

Co-investorsB Capital GroupB4 CapitalCongruent VenturesTribeca Venture PartnersTrucks VCAero X Ventures

Jiantdrinkjiant.com
Korrioteamsnap.comin𝕏acquired by Waud Capital

TeamSnap offers a team management app for youth sports coaches, players, and parents, with tools for team communication, scheduling, invoicing, and payment collection.

ConsumerSaaSSports Tech

Andrew Berkowitz(Founder)in

Co-investorsCrawley VenturesForefront VenturePartners for GrowthPartners for Growth (PFG)The Colorado Impact FundToba Capital

Luxury Vacation Rentalswander.comin𝕏

Wander operates a platform for short-term rental properties, providing guests with curated homes and experiences while offering property operators technology and hospitality services.

B2B MarketplacesMarketplacesPropTechTravel & Hospitality

John Andrew Entwistle(Founder & CEO)Sahil Mansuri(President & COO)

Co-investorsAUTHENTIC VENTURESAlumni VenturesBedrock CapitalBreyer CapitalFifth WallQED Investors+14 more

Marani Healthmaranihealth.comin

Marani develops maternity care technology to improve access to prenatal and obstetric care for expectant mothers and providers.

Digital HealthFemTechHealthtechMedical Devices

Co-investorsTFX CapitalGolden Seeds

Olatec Therapeuticsolatec.comin𝕏

Olatec develops a pharmaceutical platform targeting acute and chronic inflammatory diseases, with its lead compound dapansutrile (OLT1177), a NLRP3 inhibitor currently in Phase 2 clinical trials in the US and Europe.

BiotechHealthtechMedical DevicesNew York, US

Onehopeonehopewine.com

ONEHOPE is a Napa-based wine brand selling wine directly to consumers through online purchases, a wine club, and rep-hosted tastings, with a portion of each purchase donated to nonprofits and causes.

ConsumerDirect to ConsumerE-commerceSanta Ana, US

Jacob Kloberdanz(Executive Officer, Director)Thomas Leahy(Executive Officer, Director)

BoardJoseph Lonsdale(Director)Michael LeBlanc(Director)

Co-investorsGoat Rodeo CapitalMaywic Select InvestmentsMisfit Venture PartnersMultiplier CapitalUnanimous CapitalWestRiver Group+2 more

PursueCarepursuecare.comin𝕏

PursueCare provides addiction treatment and mental health services designed to increase accessibility to comprehensive care.

Digital HealthHealthtechMental HealthMiddletown, US

Nicholas Mercadante(CEO & Founder)inEd Mercadante, RPh, ScD(Co-Founder)Thomas Menighan, R.Ph, Sc.D(Co-founder)in

Co-investorsConnecticut InnovationsYamaha Motor VenturesOCA VenturesSeyen Capital

Radian Aerospaceradianaerospace.comin𝕏Feb 2016

Radian Aerospace is developing fully reusable spaceflight vehicles, including Radian One, a single-stage-to-orbit mission platform for routine access to Low Earth Orbit, and R3V, a reusable reentry capsule for hypersonic testing and rocket cargo.

Deep TechHardwareSpace TechRenton, US

Curtis Gifford(Chief Financial Officer, Chief Operating Officer, & Co-Founder)inRichard Humphrey(Chief Executive Officer & Co-Founder)inLivingston Holder(Chief Technology Officer & Co-Founder)inJeff Feige(Chief Revenue Officer & Co-Founder)in

Co-investorsBalerion Space VenturesEvolution VC PartnersFine Structures VenturesHCVCHelios CapitalHemisphere Ventures LLC+6 more

Roebuck Estatesroebuckestates.co.ukin

Roebuck Estates produces and sells English sparkling wine, offering products for events, weddings, and hospitality venues.

ConsumerFoodTechWest Sussex, GB

RTXrtxfintech.comin

RTX Fintech & Research uses market-structure expertise to enhance inter-dealer execution platforms for derivatives trading.

Fintech

SANAS Real-time speech-to-speech AI technologysanas.ai

Sanas builds real-time Speech AI technology that removes communication barriers caused by accents, languages, background noise, and audio quality issues.

AI & Machine LearningEnterprise SoftwareSaaSStanford, US

Shawn Zhang(Founder)inMax Serebryakov(Founder)inAndrés Pérez Soderi(Founder)inSharath Keshava Narayana(CEO and Co-founder)in

Co-investorsDN CapitalHuman CapitalInsight PartnersGeneral CatalystQuadrille CapitalAdapt Ventures+8 more

SKUxchangeskux.ioin

SKUx builds digital payment and promotion technology, including offers, loyalty programs, and promotional acceptance via its SKUPay network, for CPG brands, retailers, healthcare, travel, and aid organizations.

FintechMarketing TechRetail TechSaaSSt. Petersburg, US

Bobby Tinsley(CEO, Co-Founder, Board of Director)inRobert Zaccardo(Founder)inKenneth Douglas(Founder)inPawneet Abramowski(Chief Compliance Officer)inSusan Nieland(Chief Financial Officer)inKip Marler(Chief Operating Officer)in

Skydweller Aeroskydweller.aeroin𝕏Sep 2019 · $40M

Skydweller Aero develops and manufactures very large solar-powered, autonomous aircraft designed for perpetual uncrewed flight carrying heavy payloads, with applications including ISR and maritime patrol.

Defense TechHardwareSpace TechOklahoma City, US

Robert Miller(Co-founder & Chief Executive Officer)inSebastien Renouard(Chief Commercial Officer of Europe, Middle East, Asia & Africa)inScott Clifton(Chief Build Officer)inTravis Vetter(Chief Technology Officer)in

Co-investorsNeva Sgr.Marlinspike Capital

Stringrstringr.com

Stringr operates an on-demand video sourcing platform that connects media organizations and AI teams with a global network of videographers to commission, license, and access video content.

AI & Machine LearningMedia & Entertainment

Lindsay Stewart(Founder)inBrian McNeill(Founder)in

Co-investorsGolden Seeds

Trestle Partnerstrestlelp.com

Trestle is an investment firm focused on SaaS businesses, with team members holding backgrounds in software investing and investment banking.

SaaS

Zus Healthzushealth.comin𝕏

Zus provides a platform that removes data waste in healthcare, enabling developers, clinicians, and operators to innovate in patient and care team experience without building underlying infrastructure.

Cloud ComputingData & InfrastructureDigital HealthHealthtechWatertown, US

Jonathan Bush(CEO)inTravis Smith(Executive Officer)in

BoardSteven Fisher(Director)Fay Rotenberg(Director)Julie Yoo(Director)inBenjamin Silver(Director)

Co-investorsAndreessen HorowitzF-Prime CapitalJAZZ Venture PartnersMartin VenturesMaverick Ventures

Exits · 2

IPOs and acquisitions across the tracked portfolio

WEX, Inc.NYSE: WEXKorrioacq. by Waud Capital

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Advection Growth Capital made?
Advection Growth Capital has 29 tracked investments, 1 of which have exited via acquisition or IPO.
What stage does Advection Growth Capital invest at?
Advection Growth Capital invests at the Seed, Growth stages.
What sectors does Advection Growth Capital focus on?
Advection Growth Capital focuses on Sector Agnostic.
Where is Advection Growth Capital located?
Advection Growth Capital is headquartered in New York City, US.
Who does Advection Growth Capital co-invest with?
Advection Growth Capital most often shares deals with Adapt Ventures, Congruent Ventures, Evolution VC Partners, among 100 tracked co-investors.

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