San Francisco · Seed–Series A · 5 people tracked
Also known as HWVP MANAGEMENT COMPANY, L.L.C.
Investment thesis
Aspenwood invests as the first institutional capital in emerging software companies whose technology can change the landscape by orders of magnitude. The firm concentrates on a small, select group of outstanding companies so it can develop deep expertise in each one's technology and commit for the long term. Partners join the board and put the firm's full team, network, and ecosystem behind helping founders build and scale, with a founder-centric approach aimed at navigating early-stage 0-to-1 market dynamics. Its portfolio reflects a focus on SaaS, AI, blockchain, and 3D/e-commerce software.
Source: firm website, verified Aug 25, 2026.
Team · 5 people
from the firm's website & public directories
What they invest in
from 30 of 35 portfolio companiesAI & Machine Learning ×17SaaS ×17Enterprise Software ×12Cybersecurity ×7Developer Tools ×7Data & Infrastructure ×6Marketing Tech ×6Cloud Computing ×5
HQs:United States×18Germany×1
Who they back
founder profiles across 20 portfolio companiesFounding team size:solo founder×112 founders×33 founders×54+ founders×1
Investments · 35 tracked
founders shown can be your intro pathBy year:2025 · 12024 · 12022 · 22021 · 12020 · 32018 · 19 dated
Amberdata provides institutional-grade data, analytics, and infrastructure solutions for digital assets and Web3, covering market data, portfolio and risk management, compliance, and tax management.
Crypto & Web3Data & InfrastructureFintechFremont, US
Joanes Espanol(Executive Officer, Promoter)Tongtong Gong(Executive Officer, Promoter)inShawn Douglass(CEO)in
Board seatLars Leckie· per SEC Form D
Co-investorsCoinbase VenturesFenbushi CapitalHummer Winblad Venture Partners (HWVP)VU Venture PartnersFranklin Templeton
Software-defined compute platform enabling flexible server scaling at lower cost than traditional infrastructure
Campbell, US
Isaac R Nassi(Executive Officer, Director)Gary Smerdon(Executive Officer, Director)Fred Weber(Director)
BoardEnrique Salem(Director)in
Board seatLars Leckie· per SEC Form D
Co-investorsHummer Winblad Venture Partners (HWVP)Samsung Catalyst FundBain Capital Ventures
WunderGraph Cosmo is an enterprise platform for building and running federated GraphQL supergraphs with governance, schema management, and real-time streaming capabilities.
Developer ToolsEnterprise SoftwareMiami, US
Jens Neuse(Executive Officer, Director)Bjoern Schwenzer(Executive Officer, Director)
BoardTommi Uhari(Director)in
Board seatSteve Kishi· per SEC Form D
Co-investorsKarma Ventures
Network security platform providing universal network segmentation with zero agents and zero trust policy framework
Alpharank provides marketing and sales analytics for community lenders, tracking digital originations from first click through the customer journey to funded accounts.
Data & InfrastructureFintechMarketing TechRedwood City, US
Richard Howe(Director)Brian Ley(Executive Officer, Director)BASTIAN LAUER(Executive Officer, Director)BRIAN LEY(Executive Officer, Director)
BoardSteven Kishi(Director)in
Aria provides a cloud-based billing and monetization platform that enables businesses to automate complex billing processes and deliver enhanced customer experiences.
AI & Machine LearningEnterprise SoftwareFintechSaaS
Brendan O'Brien(Founder)inEdward Sullivan
Co-investorsHummer Winblad Venture Partners (HWVP)Rembrandt Venture PartnersRunway Growth CapitalVenrockBain Capital VenturesDell Technologies Capital+2 more
Arkose Labs provides fraud and bot protection for enterprises including banks, gaming platforms, fintechs, and marketplaces.
AI & Machine LearningCybersecurityEnterprise SoftwareSaaSSan Francisco, US
Kevin Gosschalk(CEO)inMark Resnick(Executive Officer)
BoardNagraj Kashyap(Director)James Wu(Director)inDafina Toncheva(Director)inJeremiah Grossman(Director)
Co-investorsBallistic VenturesM12 (Microsoft's Venture Fund)SoftBank Vision FundSony Ventures CorporationTransition Level InvestmentsUS Venture Partners+2 more
Aspire is an influencer marketing platform that helps brands build communities of ambassadors, influencers, and affiliates to promote products at scale.
Creator EconomyE-commerceMarketing TechSaaS
Co-investorsCota CapitalStructural Capital
Blissfully was a SaaS management platform that helped companies discover, manage, and optimize their SaaS applications, spend, and vendor workflows.
AI & Machine LearningEnterprise SoftwareSaaSLong Island City, US
Ariel Diaz(Executive Officer, Director)Aaron White(Director)Ryan Neu(Founder)
BoardEric Paley(Director)in
Co-investorsCraft VenturesSoftBank Vision FundTiger Global ManagementFounder CollectiveHummer Winblad Venture Partners (HWVP)
Clarify Health is a healthcare outcomes and analytics company that partners with health systems to align clinical, access, and financial performance across referrals, network economics, and payer contracts.
AI & Machine LearningData & InfrastructureDigital HealthHealthtechSan Francisco, US
Jean Drouin(Executive Officer, Director)Todd Gottula(CEO & Co-Founder)
Co-investorsCorewell Health VenturesInHealth VenturesSoftBank Vision FundClarify Health HoldingsConcord Health PartnersHummer Winblad Venture Partners+2 more
CloseFactor uses machine learning and large language models to identify which target accounts best fit a company's past deals and are showing buying signals, then recommends contacts and generates personalized outreach messages.
AI & Machine LearningSaaSSales TechPalo Alto, US
Erik Buchanan(Founder)
Co-investorsNeythri Futures FundGTMfundSequoia CapitalVertex Ventures
Connect The Dots is a relationship intelligence platform that helps sales professionals and companies replace cold outreach with strategic network-based introductions.
Enterprise SoftwareSaaSSales TechSan Francisco, US
Drew Sechrist(CEO & Co-founder)Ian Swinson(Head of Design & Marketing, Co-founder)Luka Trikic(COO, Head of Engineering, Co-founder)
Co-investorsInnovius CapitalNorwest Venture PartnersVelvet Sea Ventures
DefectDojo is a DevSecOps and application security orchestration platform that integrates with 200+ security tools to help security teams automate vulnerability management and scale their operations.
CybersecurityDeveloper ToolsSaaS
Co-investorsIolar Ventures
Arvada, US
Brent Barkman(Executive Officer, Director)Mark Mullen(Director)
Co-investorsThe Fund
Ethyca builds a "trusted data layer" for enterprises and AI, integrating privacy, data governance, and policy enforcement directly into systems to turn legal obligations into automated technical controls.
AI & Machine LearningCybersecurityData & InfrastructureEnterprise Software
Co-investorsAbstract VenturesFounder CollectiveGood FriendsMiroma VenturesAtlantic Vantage PointIA Ventures
Advanced ManufacturingCybersecurityIoT
Ritesh Agrawal(Founder)in
Co-investorsStorm Ventures
Highflame provides a runtime enforcement layer for AI agents, where security teams approve policy once and controls are automatically enforced across projects.
AI & Machine LearningCybersecurityDeveloper Tools
Co-investorsMozilla Ventures
RingCentral Events (formerly Hopin) is a platform for hosting and managing virtual and hybrid events that enables organizations to create live experiences, engage audiences remotely, and generate business outcomes through video conferencing and event management tools.
Marketing TechSaaS
Johnny Boufarhat(Founder)in
Co-investorsAndreessen HorowitzHummer Winblad Venture Partners (HWVP)NorthzoneTapestry VCWaverley CapitalWorklife Ventures+3 more
Hypatos provides AI-based document processing automation, using intelligent document processing to extract data and enable straight-through processing for finance and back-office workflows.
AI & Machine LearningEnterprise SoftwareFintechSaaSPotsdam, DE
Ulrich Exleben(Founder)
Co-investorsDN CapitalGrazia Equity GmbHUVC PartnersBlackFin Capital PartnersBerliner Volksbank VenturesBrandenburg Kapital+6 more
AI & Machine LearningMarketing TechMedia & EntertainmentSaaS
Co-investorsHummer Winblad Venture Partners (HWVP)ANRIDG Daiwa VenturesHummer Winblad Venture PartnersXTech Ventures
Kloudfuse provides a unified observability platform that consolidates metrics, logs, traces, real user monitoring, continuous profiling, and LLM monitoring into a single AI/ML-powered data lake for anomaly detection and root cause analysis.
AI & Machine LearningCloud ComputingData & InfrastructureDeveloper ToolsSaratoga, US
Krishna Yadappanavar(Executive Officer, Director)inPANKAJ THAKKAR(Director)Pankaj Thakkar(Founder)inAshish Hanwadikar(Founder)in
BoardDavid Blumberg(Director)in
Co-investorsBlumberg Capital
Klue provides competitive intelligence software that automatically collects, curates, and distributes competitive insights to sales and marketing teams, while also capturing buyer feedback and win-loss analysis through human expert interviews and AI-powered tools.
Enterprise SoftwareMarketing TechSaaS
Sarathy Naicker(Founder)in
Co-investorsAllied Venture PartnersCraft VenturesOMERS VenturesPallasite VenturesSalesforce VenturesTiger Global Management
Customer experience enablement software for sales and service teams reducing friction and improving win rates
Mobileforce offers a no-code, AI-powered platform that unifies CPQ (configure, price, quote), selling, and field service management into a single quote-to-cash-to-service workflow.
AI & Machine LearningSaaSSales Tech
NeuVector is a Kubernetes-native, full lifecycle container security platform, acquired by SUSE in 2021 and open sourced.
Cloud ComputingCybersecurityDeveloper Tools
Co-investorsHummer Winblad Venture Partners (HWVP)Sv Tech Ventures, Inc.TSVCFusion
Nfinite operates a Visual Intelligence Platform that helps brands and retailers monitor their digital shelf by detecting missing or outdated product images and content, enforcing brand and retailer visual standards, and ensuring products are represented accurately across e-commerce channels.
AI & Machine LearningE-commerceRetail Tech
Alexandre de Vigan(Founder)inJhi Yong L.(Founder)in
Co-investorsNewfund CapitalUS Venture Partners
Oomnitza provides an Enterprise Technology Management platform that automates key IT business processes by correlating data from existing solutions to manage users, endpoints, applications, and infrastructure.
AI & Machine LearningCloud ComputingEnterprise SoftwareIoTSaaSSan Francisco, US
ARTHUR LOZINSKI(Executive Officer, Director)
BoardADAM SMITH(Director)
Co-investorsGula Tech AdventuresSyn Ventures Seed Management LlcBloomberg BetaC5 CapitalShasta Ventures
ScreenMeet provides AI-powered remote support software that runs natively inside ServiceNow, Salesforce, and Tanium, letting human and AI agents resolve issues within those platforms.
AI & Machine LearningEnterprise SoftwareSaaSSales Tech
Ben Lilienthal(Co-founder)inEugene Abovsky(Co-founder)in
Co-investorsCounterview CapitalRRE VenturesSalesforce Ventures
Smart Access provides an AI platform that helps operations leaders digitize and enforce SOPs, turn floor-level observations into coaching and next-best actions, and close the gap between workforce behavior and best practices.
AI & Machine LearningFuture of WorkLogistics & Supply ChainAtlanta, US
Co-investorsLobby CapitalPanache VenturesSproutx
Sonatype provides software supply chain management and security solutions for managing open source software and AI dependencies.
CybersecurityDeveloper ToolsEnterprise SoftwareFulton, US
Brian Fox(Chief Technology Officer and co-founder)inWAYNE JACKSON(Executive Officer, Director)inDAVID C. MILLER(Executive Officer)
BoardANN WINBLAD(Director)inSAMEER GANDHI(Director)inMICHAEL O'DELL(Director)
Co-investorsAccelBlue Delta CapitalCanvas VenturesFounders Circle CapitalGolub GrowthHummer Winblad Venture Partners (HWVP)+2 more
Stackery provides tools for building, deploying, and operating serverless applications on AWS, including support for AWS SAM, Lambda, SNS, and HTTP APIs.
Cloud ComputingDeveloper ToolsSaaSPortland, US
Chase Douglas(Executive Officer)Nathan Taggart(Executive Officer, Director)
BoardDiane Fraiman(Director)in
Co-investorsAscend Venture CapitalHummer Winblad Venture Partners (HWVP)TechstarsVoyager CapitalPIPELINE CAPITAL PARTNERS
Growth engineering platform providing actionable data to marketing and customer success teams for churn management and retention
Co-investorsDallas Venture CapitalHummer Winblad Venture PartnersInventus Capital PartnersZ5 Capital
Symbium builds an instant permitting service for residential decarbonization projects such as solar panels, energy storage, and heat pumps, letting homeowners and contractors understand what is possible on a property and submit and manage permit applications.
Climate TechGovTechPropTechSaaSSan Francisco, US
Abhijeet Mohapatra(Executive Officer, Director)Leila Banijamali(Executive Officer, Director)Michael Genesereth(Co-founder & Professor of Artificial Intelligence)
BoardMitchell Kertzman(Director)
Co-investorsBBG Ventures
Vendia provides a platform for unified data integration that connects disparate data sources and enables secure data sharing across systems and warehouses.
AI & Machine LearningCloud ComputingData & InfrastructureEnterprise SoftwareSan Francisco, US
Tim Wagner(Founder)inShruthi Rao(Founder)in
Co-investorsCanvas VenturesFloodgateNeotribe VenturesNewView CapitalNeythri Futures FundLux Capital
Vidoso provides an AI agent platform that generates brand-compliant marketing content—including campaign assets, blog posts, social copy, and video clips—from source materials such as webinars, events, and raw video.
AI & Machine LearningMarketing TechSaaSMenlo Park, US
Sharad Verma(CEO & Co-founder)Ayush Chordia(CTO & Co-founder)Dan Ahmadi(Co-founder)
BoardSteven Kishi(Director)Ankur Jain(Director)
Co-investorsEMERGENT VENTURESTau VenturesZ5 Capital
Exits · 4
IPOs and acquisitions across the tracked portfolioBlissfullyacq. by VendrExit Agentless Network Segmentationacq. by ZscalerJammacq. by HopinNeuvectoracq. by SUSE
Portfolio news
latest coverage across their companiesAspire · investing.com · Aug 13, 2026
Amberdata · coinstats.app · Aug 9, 2026
CTD · funderintel.com · Jul 16, 2026
Hopin · techfundingnews.com · Jul 1, 2026
Klue · cybersecuritydive.com · Jun 23, 2026
Sonatype · finance.yahoo.com · May 6, 2026
Symbium · symbium.medium.com · May 6, 2026
Vidoso · zoomyourtraffic.com · Mar 15, 2026
Frequently asked questions
- How many investments has Aspenwood made?
- Aspenwood has 36 tracked investments, 5 of which have exited via acquisition or IPO, including 1 dated in the last 24 months.
- What stage does Aspenwood invest at?
- Aspenwood invests at the Seed, Series A stages.
- What is Aspenwood's typical check size?
- Aspenwood typically writes checks of $100K – $5M.
- What sectors does Aspenwood focus on?
- Aspenwood focuses on AI & Machine Learning, Cloud Computing, Crypto & Web3, Cybersecurity, Developer Tools, Enterprise Software, SaaS, Sector Agnostic.
- Where is Aspenwood located?
- Aspenwood is headquartered in San Francisco, US.
- Does Aspenwood lead rounds?
- Yes, Aspenwood leads investment rounds.
- Who does Aspenwood co-invest with?
- Aspenwood most often shares deals with Canvas Ventures, Founder Collective, Neythri Futures Fund, among 73 tracked co-investors.
Media · Podcasts & interviews
featuring the teamWhy Silicon Valley Still Wins with Lars Leckie of AspenWood Ventures
Life Self Mastery · Lars Leckie
Lars Leckie, Aspenwood Ventures: Early-Stage Enterprise Software VC
Grace Gong · Lars Leckie
Images
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