Ten Coves Capital
Growth equityDarien · Growth · 5 people tracked
Find your way into Ten Coves Capital
2 people in our graph share verified history with the Ten Coves Capital team — schools, employers, funds. One of them is your warm intro.
Investment thesis
Ten Coves Capital focuses on fintech growth equity, backing high-growth companies that are re-imagining and re-wiring the financial ecosystem. The firm targets innovators that solve pain points, enable workflows, and provide critical infrastructure to financial institutions ranging from the largest FIs to SMBs. Its investment scope spans payments, banking and lending, insurance and benefits, asset management and capital markets, and related data and business services. Ten Coves positions itself as a value-add partner, drawing on decades of focused fintech experience to provide pattern recognition and an extensive network. The firm offers flexible capital with a patient approach and aims to help portfolio companies scale into durable, strategically significant businesses.
Source: firm website, verified Sep 15, 2026.
Team · 5 people
from public directoriesFounder mafia
2 people who came through Ten Coves Capital went on to found or lead other companies.
What they invest in
from 12 of 15 portfolio companiesSaaS ×9AI & Machine Learning ×8Fintech ×6Enterprise Software ×5FoodTech ×3Future of Work ×3HR Tech ×2Cybersecurity ×1
HQs:United States×10
Investments · 15 tracked
founders shown can be your intro pathBy year:2026 · 22025 · 42024 · 32023 · 12021 · 212 dated
Point Predictive builds machine-learning fraud detection technology for lenders, using a consortium-based data approach to identify lending fraud.
AI & Machine LearningCybersecurityFintechSan Diego, US
Co-investorsMosaik Partners
Projectworks provides project management and financial visibility software designed for professional services firms to maximize billable time and improve project margins.
AI & Machine LearningEnterprise SoftwareFuture of WorkSaaS
Doug Taylor(Co-founder)inJulian ClarkeinMatt Hayter(Company President)in
Co-investorsPunakaiki FundBridgewest Ventures
Projectworks provides software for managing time tracking, project management, resource allocation, and invoicing for professional services firms.
AI & Machine LearningEnterprise SoftwareFuture of WorkSaaS
Doug Taylor(Co-founder)inMatt Hayter(Company President & CPO)in
Co-investorsPunakaiki FundBridgewest Ventures
7shifts is a scheduling and payroll platform built for restaurant teams, offering an app and restaurant-specific tools to manage staff, reduce errors, and control labor costs.
FoodTechFuture of WorkHR TechSaaS
Jordan Boesch(Founder)inJohannes Lindenbaum(Founder)in
Co-investorsConexus Venture CapitalRelay VenturesSoftBank Vision FundTandem CapitalTeamworthy VenturesEnlightened Hospitality Investments
Benefitbay is an end-to-end ICHRA (Individual Coverage Health Reimbursement Arrangement) administration platform that lets employers set contribution budgets and employees shop for and enroll in individual health plans while retaining group-plan tax advantages.
HealthtechHR TechInsurTechKansas City, US
Brandy Burch(Executive Officer, Director)Zach Andrew Harris(Executive Officer, Director)
BoardJohn McIlwraith(Director)inScott Shane(Director)inDavid Lambert(Director)
Co-investorsInvest NebraskaKCRise Fund
Alamo, US
Steve Berkowitz(Executive Officer, Director)Derek Watson(Executive Officer)Sean Thompson(Executive Officer)Alan Miegel(Executive Officer, Director)inSandra Leon(Executive Officer)inDerek Schlicker(Executive Officer)
Boosted.ai provides an AI platform for investment research that answers questions on stocks and themes and uses AI agents to generate reports and analysis for investment professionals.
AI & Machine LearningFintechSaaS
Joshua Pantony(Founder)inJon Dorando(Founder)in
Co-investorsDunamu & PartnersFidelity InvestmentsHarbourVest Partners (Canada)Portage VenturesSpark Capital
Canopy provides cloud-based, all-in-one practice management software for accounting firms, combining client management, CRM, document management, workflow, time and billing, engagements, and proposals with AI features.
AI & Machine LearningEnterprise SoftwareFintechSaaS
Co-investorsHigh AlphaNew Enterprise Associates (NEA)NewView CapitalNycaNyca PartnersAnkona Capital+5 more
Canopy is a cloud-native, all-in-one practice management platform for U.S. accounting, CPA, tax, and bookkeeping firms, combining client management, documents, billing, workflow, and communication in one login.
AI & Machine LearningFintechSaaSSouth Jordan, US
Kurt Avarell(Executive Officer, Director, Promoter)inDavis Bell(Executive Officer, Director)in
BoardNed May(Director)Josh Harmsen(Director)inAnkit Sud(Director)inChetan Puttagunta(Director)
Co-investorsAnkona CapitalTenaya CapitalNew Enterprise Associates (NEA)NewView CapitalPelion Venture PartnersPelion Ventures
Crunchtime provides restaurant operations management software for multi-unit and enterprise restaurant brands, covering inventory management, labor and scheduling, operations execution, learning and development, and kitchen management.
AI & Machine LearningEnterprise SoftwareFoodTechSaaSSan Francisco, US
Co-investorsBattery VenturesGolub GrowthDERIVE VENTURESOsage Venture PartnersSchooner Capital
MarginEdge builds a restaurant management platform that handles invoice processing, inventory, cost tracking, and accounting integrations for restaurant operators.
FintechFoodTechSaaSArlington, US
Roy Phillips(Co-founder, Client Services)inBo Davis(Co-founder & CEO)inBrian Mills(Co-founder & CTO)inEmma Whelan(Chief Financial Officer)inJess Finnefrock(Chief Operating Officer)inTara Clever(Chief Revenue Officer)in
Co-investorsBranded Strategic HospitalityConnetic VenturesDERIVE VENTURESIrishAngelsSchooner CapitalOsage Venture Partners
Procurify is a procurement platform that gives finance and operations teams spend visibility and control across the intake-to-pay process, covering purchase requests, approvals, POs, invoicing, payments, and spending cards.
AI & Machine LearningEnterprise SoftwareFintechSaaS
Aman Mann(Founder)inKenneth Loi(Founder)inChad Gaydos(Chief Executive Officer)inAmy Wang(Chief Financial Officer)inJeffrey Hardy(Chief Revenue Officer)inJonathan Su(Chief Product & Technology Officer)in
Co-investorsPoint NineRuna CapitalExport Development Canada (EDC)HarbourVest Partners (Canada)Information Venture Partners
Burlingame, US
Rajesh Bhat(Executive Officer, Director)
BoardHarry Cheung(Director)
Co-investorsMouro CapitalPoint72 VenturesCota Capital
Sentieo, a US company, provides a financial research and data platform for equity analysts and investors.
PropTechSan Francisco, US
Alap Shah(Director)Naman Shah(Founder)inDAVID LICHTBLAU(Executive Officer, Director)in
BoardERIC BYUNN(Director)in
Co-investors500 GlobalClocktower VenturesCentana Growth PartnersCentana Partners
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Portfolio news
latest coverage across their companies
Projectworks · cfotech.co.nz · Aug 26, 2026
Projectworks · cfotech.co.nz · Aug 26, 2026
MarginEdge · pulse2.com · Aug 21, 2026
Crunchtime · restauranttechnologynews.com · Aug 13, 2026
Canopy · x.com · Aug 8, 2026
Benefitbay · fundraiseinsider.com · May 28, 2026
Inbox · inboxhealth.com · Sep 15, 2025
BetterComp · startuphub.ai · Jul 22, 2025
Fund performance · per public LP disclosures
as of Sep 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Ten Coves Capital III, L.P.LPs: Los Angeles County Employees Retirement Association | 2018 | — | 8.7% | 1.20x | 0.01x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- How many investments has Ten Coves Capital made?
- Ten Coves Capital has 15 tracked investments, including 7 dated in the last 24 months.
- What stage does Ten Coves Capital invest at?
- Ten Coves Capital invests at the Growth stage.
- What sectors does Ten Coves Capital focus on?
- Ten Coves Capital focuses on Fintech.
- Where is Ten Coves Capital located?
- Ten Coves Capital is headquartered in Darien, US.
Images
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