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Acadian Ventures

Acadian Ventures was founded by Jason Corsello, who spent two decades analyzing and operating within the human capital management industry before...

Acadian Ventures logo

Acadian Ventures

Acadian Ventures was founded by Jason Corsello, who spent two decades analyzing and operating within the human capital management industry before launching the firm. Corsello served as SVP of Strategy and Corporate Development at Cornerstone OnDemand during its growth from $50M to over $500M in revenue, then transitioned to venture investing with a thesis rooted in the systems that power modern employment — payroll, compliance, talent intelligence, and workforce experience. The firm concentrates on early-stage companies across the future-of-work spectrum, spanning infrastructure, intelligence, automation, experience, and compliance technologies. Confirmed portfolio positions include Oyster, a global employment platform; Nomi Health, a direct healthcare payments network; Degreed, a workforce upskilling tool; and SmartRecruiters, a talent acquisition suite. Geographically, Acadian is anchored in the United States but partners with founders building globally distributed work products, with team members operating between London and New York City. Thomas Otter joined as General Partner in March 2022, bringing sourcing reach across Europe after leading product at SAP SuccessFactors to over $1B in annual recurring revenue and advising private equity firms on HR tech due diligence. The firm recently added Audrey Handem to the investment team, a former Speedinvest investor specializing in AI and workflow tools. Acadian's latest publicly noted events include its 2026 Summit and follow-on activity in Kombo's $25M Series A and Compa's $35M Series B (per the firm, 2026). The firm operates with a hybrid operator-investor model atypical of generalist seed funds. Its general partners are former product and strategy executives from the same enterprise software ecosystems where they now invest, creating a diligence edge in work-tech — a vertical where product adoption cycles are slow and operator expertise can separate viable long-term platforms from point solutions.

General information

Firm type

Venture Capital

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Madison

Corporate office

Madison, United States

Principals

Jason Corsello

Founder & General Partner

Thomas Otter

General Partner

Audrey Handem

Investor

Sector focus

Enterprise SoftwareHR TechAI/MLHealthcare Services

Frequently asked questions

Who runs investment decisions at Acadian Ventures?

Founder Jason Corsello and General Partner Thomas Otter lead investment decisions. Corsello was formerly SVP of Strategy at Cornerstone OnDemand; Otter led product at SAP SuccessFactors and advised GPs on HR tech M&A before joining Acadian in March 2022.

How does Acadian Ventures source proprietary deal flow?

The firm draws investment opportunities from its general partners' deep operator networks across enterprise HR software. Corsello's two decades in HCM advisory roles and Otter's relationships from advising private equity firms on HR tech due diligence provide access to founders building the next generation of workforce infrastructure, intelligence, and automation tools.

Does Acadian Ventures participate in fund commitments or only direct deals?

Acadian primarily makes direct early-stage investments. The publicly available information describes the firm backing companies from inception to scale within the work-tech category, with no indication of fund-of-funds allocations.

What investment stages does Acadian Ventures typically target?

The firm targets early-stage opportunities including seed and startup phases, with recent activity showing follow-on participation through Series A and B rounds — Kombo's $25M Series A and Compa's $35M Series B are recent examples (per the firm, 2026).

Which sectors does Acadian Ventures explicitly avoid?

The firm does not publish a negative sector list, but its investment categories — infrastructure, intelligence, automation, experience, and compliance — signal a concentrated future-of-work mandate. Consumer social, hard tech, and therapeutics are absent from all portfolio disclosures.

What is Acadian Ventures' known posture on co-investments alongside external GPs?

The firm has invested alongside other venture capital managers in syndicated rounds — its portfolio companies are backed by multiple investors typical of early-stage venture. However, Acadian does not publicly promote a formal co-investment program for external allocators.

Does Acadian operate as a family office or a traditional venture firm?

Acadian Ventures is structured as a venture capital firm, not a family office. The firm's website identifies it as an early-stage venture capital firm specializing in the future of work, with a team of investment professionals rather than a single-family wealth management vehicle.

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