About Sweater
Sweater is a venture capital firm founded in 2019. It is primarily based out of Boulder, United States. As of Nov 2023, Sweater has invested in 9 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Consumer to FinTech and Enterprise Applications. Most recently it participated in the $***** Seed round of EarlyBird Overall, Sweater portfolio has seen 1 acquisition, namely EarlyBird. A lot of funds co-invest with Sweater, with names like Revolution sharing a substantial percentage of its portfolio. Sweater has team of 14 people including 3 partners.Key Metrics
Team Members
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio Acquisitions
Sweater's List of Top Investments
Sweater has a portfolio of 9 companies. Their most notable investments are in Frances Valentine and Wyndly.Their portfolio spans across and United States. They have invested in Consumer, FinTech, Enterprise Applications and 5 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Sweater:
1. Nada
Online investment platform for real estate. The platform lets users invest in real estate properties. Users can own fractions of real estate properties. The platform also provides a debit card designed to grow the user's real estate wealth.
Key facts about Nada
- Founded Year: 2019
- Location: Dallas (United States)
- Annual Revenue: $1M - $10M as on Dec 31, 2023
- Stage: Series A
- Total Funding till date: $19.1M
- Employee Count: 997 as on Sep 30, 2026
- Investors: Interlock Partners, Live Oak Ventures and 13 Others
- Latest Funding Round: Series A, May 28, 2025, $*****
- Highlight: Editors' Pick
2. Shappi
App-based marketplace travelers & shoppers. Their app connects shoppers with verified travelers for the delivery of purchases. It enables shoppers to place a delivery request, get connected with travelers, purchase products & send it. the shipping address is provided. Their app also provides tracking of the products till their destination. Their app is available for iOS & Android devices.
Key facts about Shappi
- Founded Year: 2018
- Location: Los Angeles (United States)
- Stage: Seed
- Total Funding till date: $3.2M
- Employee Count: 25 as on Sep 30, 2026
- Investors: Concrete Rose, Sweater and 3 Others
- Latest Funding Round: Seed, Oct 12, 2022, $*****
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3. EarlyBird
Online platform offering goal-based saving and investment for a child's future. It re-balancing and optimizes the portfolio, and customizes the investment profile as per the goal of the family. It also provides families with a tax-advantaged and flexible custodial investment account, called an UGMA account. In addition to saving for college, funds can be used for anything from a downpayment on a home, seeding business, traveling the world, retirement, and more.
Key facts about EarlyBird
- Founded Year: 2019
- Location: Brooklyn (United States)
- Stage: Acquired
- Total Funding till date: $13.8M
- Employee Count: 27 as on Aug 31, 2026
- Investors: Creative Capital, Lightspeed Venture Partners and 22 Others
- Latest Funding Round: Seed, Nov 01, 2023, $*****
- Highlight: Acquired
4. Pear Suite
AI and cloud-based care planning and care navigation platform tools for providers. The company has developed software that assists with healthcare management and communication. It has features for health screening, a dashboard for real-time data, health plans, and more.
Key facts about Pear Suite
- Founded Year: 2021
- Location: Seattle (United States)
- Stage: Series A
- Total Funding till date: $10.1M
- Employee Count: 49 as on Aug 31, 2026
- Investors: California Health Care Foundation, Impact Engine and 17 Others
- Latest Funding Round: Series A, Oct 14, 2025, $*****
- Highlight: Editors' Pick
Key facts about Frances Valentine
- Founded Year: 2015
- Location: New York City (United States)
- Stage: Series A
- Employee Count: 61 as on Sep 30, 2026
- Investors: Curate Capital, Break Trail Ventures and 2 Others
- Latest Funding Round: Series A, Jan 25, 2023, $*****
Sweater's Year-on-Year Investment Trends
Sweater has invested in 9 companies over the last 4 years, with an average of 0 new investment annually in the last 3 years. Its most recent first time investment was in EarlyBird.Sweater's Investments by Stage
Sweater has made 6 investments in Seed stage with an average round size of $4.37M and 3 investments in Series A stage with an average round size of $3.3M.Stage of entry | No. of Investments |
|---|---|
Seed | 6 |
Series A | 3 |
Note: We have considered here, only first round of investments
Sweater's Investments by Sector
Sweater has a diverse portfolio, with companies operating in the Consumer, FinTech, HealthTech, Business Services and Consumer Goods. Notably, it has invested in 7 Tech companies, 6 Consumer (B2C) companies, 2 Enterprise (B2B) companies and at least 2 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 4 |
FinTech | 2 |
HealthTech | 2 |
Business Services | 1 |
Consumer Goods | 1 |
Others | 4 |
Note: We have considered here, only first round of investments
Sweater's Investments by Geography
Sweater has made most investments in United States (9).Sweater's recent investments
Sweater has not made any investment in 2026 so far.Here are the most recent investments by Sweater:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 01, 2023 | United States | Seed | 5960 | [+9] | |
Sep 14, 2023 | United States | Series A | 9247 | [+5] | |
May 16, 2023 | United States | Seed | 1527 | [+9] | |
Feb 08, 2023 | United States | Series A | 2257 | [+3] | |
Jan 25, 2023 | United States | Series A | 7627 | [+1] |
Acquired companies in Sweater's Portfolio
1 company from Sweater's portfolio has been acquired. The most recent acquisition was EarlyBird in May 2025 by Acorns for $*****.Here are Sweater's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 16, 2025 | Nov 01, 2023 | Seed | 1409 |
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Team profile of Sweater
Sweater has a team of 14 members including 3 Partners located in United States. Sweater's team does not sit on the board of any company as of now.Here is a list of top team members in Sweater:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Boulder | - | ||
Partner | Denver | - | ||
Partner | Boulder | - |
Co-investors of Sweater
Over the past 4 years, 67 investors have co-invested in Sweater's portfolio companies. This includes funds and angels.
- Invested before Sweater: Seven Seven Six, Gemini and 12 others have invested in rounds before Sweater. There is 1 company where Seven Seven Six has invested before Sweater and 1 company where Gemini has invested before Sweater.
- Top Co-investors of Sweater: 43 investors entered a company along with Sweater. These include investors like Revolution (2 companies).
- Invested after Sweater: A total of 10 investors have invested in Sweater's portfolio after their investments. Top Investors include Kawa (1 company), Interlock Partners (1 company) and Riverwalk Venture Capital (1 company).
Recent News related to Sweater
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Forma Capital Partners with Sweater Ventures to Power The Cashmere FundBusiness Wire•Sep 23, 2024•Sweater
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Smart display company Hearth Display raises $4.6M additional fundingTechCrunch+•Sep 14, 2023•Dream Ventures, Ingeborg Investments, Golden Hour Ventures, Behind Genius Ventures and 4 others
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Nada, a Wealthtech Platform, Is Focused on Unlocking $20T Home Equity Market for Homeowners and InvestorsCrowdfund Insider•Sep 05, 2023•Nada, LiveOak Venture Partners, Revolution, Capital Factory and 2 others
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Pear Suite Raises $2.5M for SDoH-Driven Care Navigation Platform to Empower AAPI CommunitiesHIT Consultant•May 16, 2023•Pear Suite, Mucker, Impact Engine, American Heart Association and 1 other
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This allergy drop startup raises $2M to bring at-home allergy testing to everyoneTech Funding News•Feb 09, 2023•Wyndly, Y Combinator, Goodwater Capital, Civilization Ventures and 2 others
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Sweater-the Venture Fund For Everyone-announces Its Investment Into The Stonks Y Combinator Access Fundhttp://investidollar.com•Oct 27, 2022•Sweater, Stonks
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Shappi utilizes travelers to deliver consumer goods to EcuadorFreightWaves•Oct 12, 2022•Shappi, Sixers Innovation Lab, Concrete Rose, Ganas Ventures and 2 others
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IsoTalent Raises USD5M in Seed FundingFinSMEs•Aug 18, 2022•IsoTalent, Crocker Ventures, AD Ventures, Sweater
