Updated:
MAVA Ventures
MAVA Ventures is the solo-GP fund of David Mortamais, writing first checks into pre-seed B2B SaaS and Fintech startups without leading rounds.
MAVA Ventures
MAVA Ventures is an early-stage investment fund focused on B2B SaaS and Fintech startups. It has made 5 investments to date. MAVA Ventures invested in Shabodi as part of their Seed VC - II on December 09, 2021.
General information
Firm type
Venture Capital
Year founded
2019
AUM
Undisclosed
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, United States
Principals
David Mortamais
Managing Partner
Sector focus
Frequently asked questions
Who runs investment decisions at MAVA Ventures?
David Mortamais, the firm's Managing Partner and sole investment decision-maker. He founded French telecom carrier LTI Telecom in 1998, grew it to 120 employees and €30 million in annual recurring revenue, and sold it to Altice in 2013. He has operated MAVA Ventures as a solo-GP since 2019.
How does MAVA source deals and how fast is the decision process?
The firm operates on a founder-to-founder sourcing model anchored by Mortamais's 16-year entrepreneurial track record. According to its website, MAVA moves from first call to investment decision within a few days to a maximum of two weeks, and is frequently the first institutional investor in a round.
Does MAVA Ventures lead rounds or take board seats?
No. MAVA explicitly states that it does not lead rounds and does not take board seats. The firm describes this as a founder-friendly approach, positioning itself as a sounding board rather than a governance participant.
What investment stages and sectors does MAVA target?
MAVA focuses on pre-seed and seed rounds. Its stated sector concentration is B2B SaaS and Fintech startups. The firm believes the earliest two to three years of a company's life are the most critical for building a durable foundation.
Where does the underlying investment capital come from?
The wealth originates from David Mortamais's 2013 sale of LTI Telecom to Altice. He ran the company as founder for 15 years before exiting. MAVA Ventures is the vehicle through which he deploys that capital into early-stage technology startups.
How large is the MAVA portfolio and what is its geographic concentration?
The firm reports a portfolio of more than 30 companies. Based in New York, MAVA invests in startups across the United States and Europe, consistent with the founder's telecom operating background in France.
Is MAVA Ventures a multi-family office or does it manage outside capital?
MAVA operates as a private equity firm under a solo-GP structure. There is no public indication that the firm manages outside limited partner capital or operates as a multi-family office; it appears to deploy the founder's personal wealth alongside a direct founder-support model.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on venture capital firms?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: