Fundraising Fox

Rittenhouse Ventures

Growth equityActively deploying

Philadelphia · Seed–Late Stage · 6 people tracked

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Investment thesis

Rittenhouse Ventures targets emerging growth B2B software companies that have achieved product-market fit and demonstrate recurring revenue streams. The firm emphasizes capital efficiency, right-sized investments, and deep industry expertise across healthcare IT, financial services, human resources, and business services. By leading investment rounds and taking non-control equity positions, Rittenhouse leverages its extensive mid-Atlantic network and operational experience to optimize capital allocation and growth strategies alongside entrepreneurs, with a particular focus on underserved market segments in the region from DC to NYC.

Source: firm website, verified Jul 21, 2026.

Stage
Seed–Late Stage
Check
$1M – $3M
HQ
Philadelphia, US
Leads rounds
Leads
Instruments
Equity
Founded
2008
AUM
$75M
Tracked investments
19

Team · 6 people

from the firm's website
Bruce Luehrs· General Partner (Funds I & II)

Co-Founder of Rittenhouse Ventures and General Partner in the first two funds with thirty years of financing experience across technology companies in the Philadelphia region. His expertise spans software for healthcare, pharmaceuticals, and financial services.

David Nevas· General Partner

General Partner who joined Rittenhouse Ventures in 2023 after a decade as a Partner at Edison Partners. He brings over twenty years of early and growth-stage investing, operating, and advisory experience with involvement in numerous board roles and strategic buyout advisory work.

Saul Richter· Founder & Managing Partner

Founder of Rittenhouse Ventures with thirty years in technology, venture capital, and entrepreneurship. He has specialized in healthcare technology investing for over two decades and brings expertise in software development and systems administration.

Sushma Rajagopalan· Partner

Partner who joined Rittenhouse Ventures in 2020 after serving as CEO of ITC Infotech, a $300M revenue company. She brings over twenty-five years of global C-level technology experience and focuses on investment evaluation, investor relationships, and portfolio company growth strategy.

Justin Hanley· Analyst

Analyst with over ten years of finance and operational experience focused on innovation and early-stage investing. He previously served as an associate for the Mid-Atlantic Angel Group from 2011 to 2015.

Steve Holstad· Chief Financial Officer

CFO for Rittenhouse Ventures and Managing Director of Strattech Partners, LLC. He brings nearly thirty years of finance and operational experience across commercial banking, energy, chemicals, and venture-backed technology sectors.

What they invest in

from 3 of 19 portfolio companies

AI & Machine Learning ×2Marketing Tech ×2SaaS ×2AdTech ×1Data & Infrastructure ×1EdTech ×1Enterprise Software ×1HR Tech ×1

HQs:Netherlands×1

Investments · 19 tracked

founders shown can be your intro path
Bites

AI-powered microlearning platform for creating and delivering training to frontline and distributed teams

Ceceliahealthceceliahealth.comin𝕏
Coresolutionsinccoresolutionsinc.comin𝕏
GalenusCaregalenuscare.comin

Precision pharmacy platform combining AI-driven medication analytics with pharmacist collaboration for chronic care optimization

Gomohealthgomohealth.comin
hereprweb.com

Cision PRWeb is a press release distribution and publicity platform that helps organizations communicate with target audiences through search, social media, and industry-specific partner networks including bloggers and influencers.

Marketing TechSaaS

High QAhighqa.com

Vertical SaaS platform for manufacturing quality management integrating quality data and AI-driven processes

Kickupkickup.co

KickUp provides a professional development, coaching, and staff evaluation system for school leaders. The platform consolidates coaching, mentorship, walkthroughs, and evaluations into a single system with data analytics and AI-enabled tools.

AI & Machine LearningEdTechHR Tech

Mybitesmybites.ioin
Noblebiomaterialsnoblebiomaterials.comin
Pianopiano.io

Piano provides event tracking and analytics infrastructure serving over 1,000 clients across 12 countries. The company specializes in digital data collection and measurement solutions for enterprises.

AdTechAI & Machine LearningData & InfrastructureEnterprise SoftwareMarketing TechSaaSAmsterdam, NL

Piano Software

Digital media monetization and analytics platform for understanding and influencing customer behavior

S2N Healths2nhealth.com

Commercial intelligence platform for MedTech sales and marketing teams to identify leads and target healthcare providers

Smarter Technologiessmarter-technologies.com

Generative AI-driven solutions for optimizing inpatient clinical documentation and workflows

Stationmdstationmd.comin𝕏
StationMD

Remote medical triage and care platform for developmentally disabled individuals

TranscendAPtranscendap.comin
Vidadiagnosticsvidadiagnostics.comin𝕏
Wealthhubsolutionswealthhubsolutions.comin

Frequently asked questions

What stage does Rittenhouse Ventures invest at?
Rittenhouse Ventures invests at the Seed, Growth, Late Stage stages.
What is Rittenhouse Ventures's typical check size?
Rittenhouse Ventures typically writes checks of $1M – $3M.
What sectors does Rittenhouse Ventures focus on?
Rittenhouse Ventures focuses on Enterprise Software, Fintech, Healthtech, HR Tech.
Where is Rittenhouse Ventures located?
Rittenhouse Ventures is headquartered in Philadelphia, US.
Does Rittenhouse Ventures lead rounds?
Yes, Rittenhouse Ventures leads investment rounds.

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