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Activant Capital

VCπŸ‡ΊπŸ‡Έ United States

Investment thesis

Research-led venture growth firm focused on commerce infrastructure β€” retail, supply chain, payments and B2B trade β€” plus vertical software and AI/automation. Publishes deep research and argues vertical software trades market size for higher market share/penetration than horizontal SaaS.

Notable portfolio

CelonisAirwallexOwnerSardine

Sector focus

Commerce infrastructureVertical SoftwareFintechSupply chainEnterprise Software