Silicon Alley Venture Partners

Silicon Alley Venture Partners, known as SAVP, is a venture capital firm founded in New York City by Steve Brotman. It makes early and growth stage investments and is currently working through its fourth fund.

What Silicon Alley Venture Partners does

• Early stage co-investment: a handful of North East investments, mostly alongside a lead venture investor, in companies already earning revenue.
• Growth stage financing: the ability to fill out a round led by a new venture source, when earlier investors already know the firm.
• Entrepreneur-centred approach: the firm describes itself as focused on founders.

Customers and markets

The firm concentrates on East Coast companies that already have revenue, in areas such as business software, information services, health care and e-commerce, plus networks built on mobile, social and data. It looks for companies that use networks to work more efficiently. It is not currently taking the lead in early stage rounds.

Key facts

• Based in: New York City, United States
• Founded: 1998
• Founder: Steve Brotman, previously the founder of AdOne
• Notable early investments: LivePerson and Medidata, both of which later listed on the stock market