Conversion Venture Capital (CVC2)
Private equityNew York · Growth–Late Stage · 4 people tracked
Find your way into Conversion Venture Capital (CVC2)
Investment thesis
CVC² is a private equity and venture capital firm that invests its own capital rather than a fund, emphasizing aligned interests, patient hold periods, and certainty of close. It pursues four strategies: fund commitments to emerging managers raising under $1B, co-investments alongside institutional and independent sponsors across debt and equity, leading growth equity rounds for companies with a clear path to profitability, and control buyouts of market-leading businesses with minimum EBITDA of $2M. The firm charges no board or monitoring fees, positions itself as management-first rather than operator-led, and offers flexibility to invest across the capital structure from senior and junior debt to preferred and common equity.
Source: firm website, verified Sep 20, 2026.
Team · 4 people
from the firm's website & public directoriesWhat they invest in
from 12 of 25 portfolio companiesConsumer ×5Enterprise Software ×4AI & Machine Learning ×3SaaS ×3Fintech ×2Healthtech ×2PropTech ×2Advanced Manufacturing ×1
HQs:United States×9United Kingdom×1
Who they back
founder profiles across 8 portfolio companiesFounding team size:solo founder×52 founders×3
Investments · 25 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
Alexander Patterson(Founder)in
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
Ryan Simonetti(Founder)in
Co-investorsAresBoathouse CapitalConversion CapitalSunrise Capital KKTPG
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)inJim O'Neill(CTO & Co-Founder)in
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)inThomas Toepke(Co-Founder, Partner)in
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
Passport Parking offers a smartphone app that lets drivers pay for parking by entering a zone number, choosing a payment method, receiving expiration reminders, and extending sessions remotely.
GovTechMobility & TransportationSaaSCharlotte, 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)in
Griffin is a concierge primary care practice based in Tampa, Florida that provides primary, preventative, and urgent care with limited patient panels to enable frequent, high-quality member interactions.
AI & Machine LearningDigital HealthEnterprise SoftwareHealthtechDenver, 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.
Jarrett Turner(Founder)in
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)inSam Stephens(Chief Procurement Officer)inAlon Balash(Chief Revenue Officer)inErik Estrada(Senior Vice President of Business Operations & Finance)inRob Picken(Senior Vice President of Digital & Partnerships)inNick Regalia(General Counsel)in
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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
Charles Bonello(Executive Officer, Director)inBenjamin Newton(Executive Officer, Director)Alexander Farkas(Director)
BoardStefan Szanto(Director)Brian Hirsch(Director)inAndrew Kaplan(Director)
Co-investorsEastward Capital PartnersTribeca Venture Partners
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Beat The BombBluFoxConvene Hospitality Group (CHG)FinQorePlanet FitnessPunch Bowl SocialRepublic SquareRevelstokeSmartLabsSoundCoreUnderwater Construction Co.Vendome Group
Portfolio news
latest coverage across their companiesConvene · altexsoft.com · Mar 26, 2026
Frequently asked questions
- How many investments has Conversion Venture Capital (CVC2) made?
- Conversion Venture Capital (CVC2) has 25 tracked investments.
- What stage does Conversion Venture Capital (CVC2) invest at?
- Conversion Venture Capital (CVC2) invests at the Growth, Late Stage stages.
- What is Conversion Venture Capital (CVC2)'s typical check size?
- Conversion Venture Capital (CVC2) typically writes checks of $2M – $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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