# Partner Ventures

Partner Ventures is a Venture Capital based in Portola Valley, United States.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Portola Valley, United States
- **Region:** North America
- **Address:** Portola Valley, CA, United States
- **Founded:** 2013
- **Assets under management:** Undisclosed
- **Website:** partnervc.com

## Regulatory record

- **Reports private funds:** No

## About

Partner Ventures is a direct secondary investor providing liquidity for owners of preferred and common stock. The firm focuses on acquiring material positions in individual, late-stage, emerging growth companies. Partner Ventures has made 66 investments, including a recent investment in Thillens in March 2025.

## Sectors

- Enterprise Software
- SaaS
- Medical Devices
- Financial Services
- Business Services
- Semiconductors
- Consumer
- Retail
- Biotechnology

## People

- Blake
- Brett

## Questions

### How does Partner Ventures source proprietary deal flow?

The firm sources opportunities by working directly with general partners who are rationalizing their venture portfolios and need to sell one or two larger positions. It also accesses a distinct channel through search fund networks, self-identifying as part of a “search fund mafia” with connections to both domestic and international searchers and search fund investors.

### What investment stages does Partner Ventures typically target?

The firm targets later-stage, emerging-growth companies. Its stated investment criteria require a minimum of $15 million in revenue, annual growth exceeding 15%, and profitability or a clear path to profitability within 12 months. This puts its focus on expansion and late-stage venture, not seed or early-stage startups.

### Does Partner Ventures make fund commitments or only direct deals?

Partner Ventures executes direct secondary transactions, acquiring individual positions in companies rather than committing to venture funds as a limited partner. The firm explicitly distinguishes itself from larger secondary funds that buy portfolios of assets, instead offering targeted liquidity to general partners for single positions.

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

The firm co-invests with and purchases positions from external general partners. Testimonials from venture funds such as Versant Ventures and Arboretum Ventures confirm a collaborative dynamic. In AlterG, for example, Partner Ventures accommodated preferred shareholders seeking liquidity while joining the board alongside existing venture backers.

### Which sectors does Partner Ventures explicitly avoid?

The firm does not maintain a public exclusion list and evaluates opportunities opportunistically. Its website notes that stated sectors are only general guidelines. While it lists areas such as software, medical devices, and financial services as core interests, it states it will “actively consider all opportunities,” implying few formal exclusions.

## Related profiles

- [Partners Wealth Group](https://altss.com/profile/partners-wealth-group)
- [Pasaca Capital](https://altss.com/profile/pasaca-capital)

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Last updated: 2026-06-03T20:00:00.000Z

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