Humla Ventures

Investment decisions are driven by the firm's co-founders, Viktor Langsved and Adil Jafry. As a lean partnership based in New York, the firm's structure suggests each allocation reflects the direct conviction of its founders rather than a layered committee process. Public records do not indicate a broader investment committee beyond the founding team.

Humla Ventures has deployed capital across the venture lifecycle, from early-stage seed and startup rounds through to expansion and late-stage growth. The firm also participates in secondary transactions and co-invests via special-purpose vehicles, giving it the ability to access companies at multiple maturity points without being confined to a single-stage mandate.

The firm operates a relationship-driven sourcing model common among lean, partner-led venture firms in New York. Without a large in-house analyst team or a publicly articulated thematic sourcing engine, deal flow likely originates from the founders' professional networks, co-investor relationships, and direct entrepreneurial connections across the early-stage and growth ecosystems.

Humla's activity is centered on direct venture exposure, including direct equity investments, co-investments alongside other GPs through SPVs, and secondary purchases of existing shareholder positions. There is no public indication that the firm acts as a limited partner in third-party venture funds.

Co-investing is a core part of the firm's operational model. By using SPVs to participate in rounds led by other venture firms, Humla can access deals without leading or requiring a board seat — a posture that reduces competitive friction and allows the firm to scale its deployment across a wider set of opportunities than its team size would otherwise support.