Dreamit Ventures
UnclaimedAt a Glance
- Check Size
- $. – $.
- Stage
- Pre-Seed, Seed, Series A, Series B+
- Sectors
- Aerospace & Defense, Digital Health, Other +2
- Founded
- 2008
- HQ
- Philadelphia, PA
About Dreamit Ventures
Dreamit Ventures is a venture capital firm based in Philadelphia, PA founded in 2008. Dreamit Ventures focuses on Healthtech and Securetech startups with revenue or pilots that are ready to scale. The firm focuses on Pre-Seed, Seed, Series A, Series B+ investments across sectors including Aerospace & Defense, Digital Health, Other, Consumer, Fintech. Notable portfolio companies include Adaptly, BioBQ, RedOwl Analytics and Bluetag. Accelerator and early-stage investor focused on healthcare IT, security, and urban technology startups with enterprise customers.
Investment Thesis
“Accelerator and early-stage investor focused on healthcare IT, security, and urban technology startups with enterprise customers.”
Sector Focus
Investment Stage
Notable Portfolio Companies
Fund History
- Dreamit began in 2008 as an accelerator and later added dedicated funds.
- DreamIt Fund II filed a $50 million offering in October 2012 with a first sale that September, and had sold $9.3 million by the amended filing in February 2014, when the partnership was filing from Austin.
- Dreamit Fund III filed a second $50 million offering in February 2018, first sale January 2018, and reached $37.8 million sold by the February 2019 amendment, by which point the firm was filing from Philadelphia.
- Dreamit Fund IV raised the target to $75 million in July 2022 and had sold $15.6 million at the time of that filing.
- The signatory list tracks the firm's shift from a generalist accelerator to a vertical investor.
- Fund II named Kerry Rupp, David Bookspan, Michael Levinson, Steve Welch and Karen Griffith Gryga; Fund III named Darren Sandberg, Steve Barsh, Welch and Gryga; Fund IV named Sandberg, Adam Dakin, Welch and Steven Gray.
- The current mandate is healthtech and securetech companies that already have revenue or live pilots.
Team (1)
Frequently Asked Questions
What stage does Dreamit Ventures invest at?
Dreamit Ventures primarily invests at the Pre-Seed, Seed, Series A, Series B+ stages. This means they focus on companies that are at the earliest idea or prototype phase.
Where is Dreamit Ventures located?
Dreamit Ventures is headquartered in Philadelphia, PA. Many of their portfolio companies are also based in this region, though they invest across geographies.
What sectors does Dreamit Ventures focus on?
Dreamit Ventures focuses on investments in Aerospace & Defense, Digital Health, Other, Consumer, Fintech. Their portfolio reflects deep expertise and networks within these sectors.
What is Dreamit Ventures's typical check size?
Dreamit Ventures's typical investment check size ranges from $. to $.. Actual amounts may vary based on the stage, sector, and specific opportunity.
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