Conversion Venture Capital (CVC2)
Growth equityNew York Β· Growth Β· 2 people tracked
Investment thesis
CVC2 invests its own capital off its balance sheet rather than a fund, emphasizing aligned interests, certainty of close, and long-term value creation. It offers flexibility across the capital structure β from senior and junior debt to preferred and common equity β and does not charge board or monitoring fees. Its strategies include backing emerging funds raising under $1B with support in future raises, co-investing alongside institutional and independent sponsors in both debt and equity, leading growth equity rounds for companies with a clear path to profitability, and buyouts of established market-leading businesses with minimum EBITDA of $2M.
Source: firm website, verified Aug 7, 2026.
Team Β· 2 people
from public directoriesWhat they invest in
from 10 of 13 portfolio companiesConsumer Γ4Enterprise Software Γ3AI & Machine Learning Γ2Fintech Γ2Healthtech Γ2PropTech Γ2SaaS Γ2Advanced Manufacturing Γ1
HQs:United StatesΓ8
Investments Β· 13 tracked
founders shown can be your intro pathBeat the Bomb operates an entertainment venue offering escape room-style interactive game experiences where teams compete in themed missions with physical and arcade-based challenges, plus birthday party and VIP packages for groups.
ConsumerGamingAtlanta, US
Convene Hospitality Group operates a portfolio of event venues, meeting spaces, flexible offices, and membership clubs in the U.S. and U.K., providing catering, production, technology, and hospitality services alongside physical venue rental.
ConsumerPropTechTravel & Hospitality
FinQore provides financial data and analytics software combined with expert consulting services to private equity-backed CFOs, enabling continuous investor-grade financial intelligence and decision-ready insights instead of episodic deliverables.
AI & Machine LearningEnterprise SoftwareFintechSaaS
Vipul Shah(CFO & Co-Founder)Jim O'Neill(CTO & Co-Founder)
Co-investorsVestigo VenturesCultivation Capital
Gravel Road Partners is a real estate investment and development firm that engineers public-private partnerships to create and preserve workforce and affordable housing in supply-constrained markets.
Impact & Social GoodPropTechWashington, US
Tyler Herbert(Co-Founder, Partner)Thomas Toepke(Co-Founder, Partner)
On the Right Track provides a patented hookless cubicle curtain track system, recyclable and textile curtains, in-person curtain changeout services, and a cloud-based QR-code tracking app for hospitals and healthcare facilities.
HealthtechMedical DevicesSaaS
Charlotte, US
Robert Youakim(Chief Executive Officer)Khristian Gutierrez(Executive Officer, Director)
BoardBret Maxwell(Director)Don Rainey(Director)Cameron Newton(Director)
Punch Bowl Social operates entertainment and dining venues that combine a restaurant and bar with games such as bowling, karaoke, darts, and arcade play.
Consumer
Republic Square Capital is a private credit and private equity firm that provides growth capital, liquidity, and refinancing to lower and middle-market companies across the United States and Canada.
Enterprise SoftwareFintechAustin, US
Alexander Schoenbaum(Co-founder, Partner)Brian Gilmore(Co-founder, Partner)
Revelstoke is a private equity investment firm that invests in healthcare services, healthcare technology, and health and wellness companies.
Digital HealthHealthtechDenver, US
Co-investorsBCIKensington Capital Partners Limited
Soundcore Capital is a buy-and-build private equity firm that makes control equity investments in founder-owned and -led lower middle-market companies.
Co-investorsInterplay Ventures Early Stage Management Llc
Sourceability provides supply chain visibility and procurement solutions for AI infrastructure, helping organizations manage sourcing of semiconductors, compute, memory, networking, and power delivery components.
Advanced ManufacturingAI & Machine LearningB2B MarketplacesData & InfrastructureEnterprise SoftwareLogistics & Supply Chain
Ryan Jacob(Chief Executive Officer)Sam Stephens(Chief Procurement Officer)Alon Balash(Chief Revenue Officer)Erik Estrada(Senior Vice President of Business Operations & Finance)inRob Picken(Senior Vice President of Digital & Partnerships)Nick Regalia(General Counsel)
Vivvi provides full-day child care and early learning programs for working families, staffed by trained teachers using a research-based curriculum.
ConsumerEdTechFuture of WorkNew York, US
Benjamin Newton(Executive Officer, Director)Charles Bonello(Executive Officer, Director)Alexander Farkas(Director)
BoardStefan Szanto(Director)Brian Hirsch(Director)inAndrew Kaplan(Director)
Co-investorsEastward Capital PartnersTribeca Venture Partners
Frequently asked questions
- How many investments has Conversion Venture Capital (CVC2) made?
- Conversion Venture Capital (CVC2) has 13 tracked investments.
- What stage does Conversion Venture Capital (CVC2) invest at?
- Conversion Venture Capital (CVC2) invests at the Growth stage.
- What is Conversion Venture Capital (CVC2)'s typical check size?
- Conversion Venture Capital (CVC2) typically writes checks of $2M β $25M.
- What sectors does Conversion Venture Capital (CVC2) focus on?
- Conversion Venture Capital (CVC2) focuses on Advanced Manufacturing, Enterprise Software, Sector Agnostic.
- Where is Conversion Venture Capital (CVC2) located?
- Conversion Venture Capital (CVC2) is headquartered in New York, US.
- Does Conversion Venture Capital (CVC2) lead rounds?
- Yes, Conversion Venture Capital (CVC2) leads investment rounds.
- Who does Conversion Venture Capital (CVC2) co-invest with?
- Conversion Venture Capital (CVC2) most often shares deals with BCI, Eastward Capital Partners, Kensington Capital Partners Limited, among 5 tracked co-investors.
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