Practical Venture Capital

Practical Venture Capital, established in 2019 and located in Palo Alto, California, is a venture capital firm that specializes in venture capital secondary investments. The firm acquires limited partner (LP) and general partner (GP) interests in early-stage venture funds, as well as direct secondary investments in high-potential portfolio companies. By providing discounted access to top-performing funds that include established winners and unicorns, Practical Venture Capital enables its investors to benefit from a streamlined investment process. This approach significantly reduces the typical 10-15 year holding period associated with traditional venture capital investments, allowing investors to realize returns more quickly.

Sydney Lai

Partner

Dave McClure

Managing Partner

Stephanie M. Shorter

Investor

Aman Verjee

General Partner / Founder

4 past transactions

Klasha

Seed Round in 2021
Developer of a global technology company intended to move money to and from emerging markets frictionlessly. The company allows international merchants to accept payments from Africa using African money methods, currencies with payouts in hard currencies, and fast shipping globally including to West Africa, enabling customers to transact from the comfort of their homes.

Headout

Series B in 2021
Headout Inc. is a last-minute mobile marketplace that enables travelers to discover and book a wide range of tours, activities, and local experiences. Founded in 2014 and based in New York, with additional offices in London and Dubai, Headout offers an application compatible with iOS and Android devices. This platform allows users to easily secure tickets for various activities, including food tours, walking tours, cruises, and adventure experiences such as kayaking and skydiving, all within a 24-hour timeframe. By providing a user-friendly interface that requires just a few taps, Headout connects travelers with exceptional local experiences at competitive prices, catering to the demands of a fragmented industry.

Forecastr

Seed Round in 2021
Forecastr is an online software platform that assists founders in creating financial models, particularly those who are not comfortable using Excel. The software provides tools for financial management and analysis, enabling users to perform revenue forecasting, expense management, budgeting, and metric tracking. Additionally, it facilitates forecast comparisons and report generation, allowing founders to generate insightful reports that can be shared with potential investors. By simplifying the financial modeling process, Forecastr helps entrepreneurs better understand their financial situation, predict their runway, and secure funding.

Sova Health

Pre Seed Round in 2021
Health and Wellness Tech Sova Health is a precision nutrition platform that helps prevent and manage lifestyle disease through nutrition. The company is building a proprietary AI-powered recommendation engine which factors in key health stats, personal goals and preferences combined with blood biomarkers to identify the most optimal food to achieve health goals. They're addressing the problems of 450 million Indians (and growing!) who are suffering from lifestyle diseases like obesity, thyroid, diabetes and PCOD. Healthy consumption is a fast-growing $23 Bn market in India. The $1.2 Bn digital health market is growing at a 68% CAGR and set to be a $16 Bn market by 2025.
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