About TSEF
TSEF is a venture capital firm founded in 2011. It is primarily based out of Brooklyn, United States. As of Jan 2025, TSEF has invested in 22 companies. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to FinTech and High Tech. Most recently it participated in the $***** Series A round of Twentyeight Health Overall, TSEF portfolio has seen 3 acquisitions, namely Petal, Cushion AI and ConnXus. A lot of funds co-invest with TSEF, with names like Maycomb Capital sharing a substantial percentage of its portfolio. TSEF has team of 2 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 3 more
Portfolio Acquisitions
Portfolio Soonicorns
TSEF's List of Top Investments
TSEF has a portfolio of 22 companies. Their most notable investments are in Angaza and EnGen.Their portfolio spans across United States, Canada, Mexico and 1 more locations. They have invested in Enterprise Applications, FinTech, High Tech and 15 other sectors, across stages such as Series A, Seed and 3 more. Here is the list of top investments by TSEF:1. CloudFactory
Provider of AI consulting and platform solutions. It offers a human-in-the-loop AI data platform that enables companies to develop and sustain reliable AI models by providing high-quality data at scale. The platform provides expertise in data labeling, annotation, and model monitoring services.
Key facts about CloudFactory
- Founded Year: 2010
- Location: Raleigh (United States)
- Stage: Series C
- Total Funding till date: $78.1M
- Employee Count: 4,072 as on Sep 30, 2026
- Investors: Weatherford Capital, FTV Capital and 6 Others
- Latest Funding Round: Series C, Nov 20, 2019, $*****
- Highlight: Editors' Pick
AI-driven dash cam apps for drivers. It provides traffic behavior insights, collision detection, roadside assistance, gas rewards, driver coaching, and more. It also provides fleet owners with options to enable safety, accident reporting, and privacy for their drivers. Their app is available for both Android and iOS.
Key facts about Driver Technologies
- Founded Year: 2018
- Location: New York City (United States)
- Stage: Series A
- Total Funding till date: $16.3M
- Employee Count: 62 as on Sep 30, 2026
- Investors: IA Capital Group, Plug and Play Tech Center and 10 Others
- Latest Funding Round: Series A, Jun 08, 2023, $*****
- Highlight: Editors' Pick
3. Petal
Provider of credit cards designed to help users build credit. The company offers various cards with different features, such as cash back rewards and credit limit increase programs. Eligible applicants can link their bank accounts to potentially improve their chances of approval. The cards are equipped with contactless payment technology.
Key facts about Petal
- Founded Year: 2016
- Location: West Sacramento (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $298M
- Employee Count: 48 as on Sep 30, 2026
- Investors: GR Capital, Trinity Capital and 64 Others
- Latest Funding Round: Series D, Aug 03, 2023, $*****
- Highlight: Acquired
Accessible virtual care for women's sexual and reproductive health. They provide convenient and affordable access to essential healthcare services, including birth control, emergency contraception, abortion support, UTI and STI treatments, and more. The platform offers virtual consultations with licensed healthcare providers, prescription delivery, and a range of over-the-counter products. They focus on inclusive care for medically underserved groups, offering no-cost care options for eligible individuals. The company operates on a subscription-based model, providing standard and basic care plans with varying levels of access to products, services, and support. They also partner with various health plans to expand access to their services. They are committed to empowering individuals with trusted information and convenient access to reproductive and sexual health resources. This is a B2C healthcare platform leveraging telehealth to provide accessible and affordable women's health services.
Key facts about Twentyeight Health
- Founded Year: 2018
- Location: Brooklyn (United States)
- Stage: Series A
- Total Funding till date: $41.6M
- Employee Count: 48 as on Aug 31, 2026
- Investors: Kima Ventures, Third Prime and 28 Others
- Latest Funding Round: Series A, Jan 08, 2025, $*****
- Highlight: Editors' Pick

5. EnGen
Language upskilling platform for enterprises. One of few companies to provide a language upskilling platform for blue-collar, refugees, and underserved workforces. Aims to prepare the workforce for the future of work. Serves organizations, educational, and government institutions who want to improve their talent pipeline while providing economic mobility, civic participation.
Key facts about EnGen
- Founded Year: 2020
- Location: Bethesda (United States)
- Stage: Series A
- Total Funding till date: $6.75M
- Employee Count: 82 as on Aug 31, 2026
- Investors: Rethink Capital Partners, American Family Insurance Institute for Corporate and Social Impact and 3 Others
- Latest Funding Round: Series A, Jan 07, 2021, $*****
- Highlight: Editors' Pick
TSEF's Year-on-Year Investment Trends
TSEF has invested in 22 companies over the last 12 years, with an average of 1 new investment annually in the last 10 years. In 2025, it made 1 investment. Its most recent first time investment was in Twentyeight Health and most recent follow-on round was in Aunt Bertha.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 0 | 0 | 0 |
2023 | 2 | 0 | 2 |
2022 | 2 | 0 | 2 |
2021 | 4 | 1 | 5 |
2020 | 0 | 0 | 0 |
2019 | 1 | 0 | 1 |
2018 | 1 | 0 | 1 |
2017 | 1 | 1 | 2 |
TSEF's Investments by Stage
TSEF has made 6 investments in Series A stage with an average round size of $9.6M, 4 investments in Seed stage with an average round size of $3.78M, 3 investments in Series B stage with an average round size of $10.8M, 2 investments in Grant (prize money) stage with an average round size of $6.66K and 1 investment in Conventional Debt stage with an average round size of $1.5M.Stage of entry | No. of Investments |
|---|---|
Series A | 6 |
Seed | 4 |
Series B | 3 |
Grant (prize money) | 2 |
Conventional Debt | 1 |
Note: We have considered here, only first round of investments
TSEF's Investments by Sector
TSEF has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, Vertical SaaS, Consumer and HealthTech. Notably, it has invested in 20 Tech companies, 16 Enterprise (B2B) companies, 14 Software companies and at least 9 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 8 |
FinTech | 4 |
Vertical SaaS | 4 |
Consumer | 3 |
HealthTech | 3 |
Others | 17 |
Note: We have considered here, only first round of investments
TSEF's Investments by Geography
TSEF has made most investments in United States (14), followed by Canada where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 14 |
Canada | 1 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
TSEF's recent investments
TSEF has not made any investment in 2026 so far.Here are the most recent investments by TSEF:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 08, 2025 | United States | Series A | 5713 | [+5] | |
Jun 08, 2023 | United States | Series A | 2160 | [+7] | |
Mar 31, 2023 | United States | Series B | 2649 | [+5] | |
May 12, 2022 | United States | Series A | 9784 | [+4] | |
Feb 01, 2022 | Canada | Seed | 9919 | [+7] |
Acquired companies in TSEF's Portfolio
3 companies from TSEF's portfolio have been acquired. The most recent acquisition was Cushion AI in Apr 2025 by Lending Club for $*****.Here are TSEF's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 30, 2025 | May 12, 2022 | Series A | 6281 | |
Apr 09, 2024 | Jan 10, 2018 | Series A | 6180 | |
Jun 05, 2020 | - | - | 7974 |
Team profile of TSEF
TSEF has a team of 2 members including 1 Partner and 1 Venture Partner located in United States. TSEF's team sits on the board of 1 company.Co-investors of TSEF
Over the past 12 years, 178 investors have co-invested in TSEF's portfolio companies. This includes funds and angels.
- Invested before TSEF: Afore Capital, Great Oaks Venture Capital and 76 others have invested in rounds before TSEF. There are 2 companies where Afore Capital has invested before TSEF and 2 companies where Great Oaks Venture Capital has invested before TSEF.
- Top Co-investors of TSEF: 48 investors entered a company along with TSEF. These include investors like Maycomb Capital (2 companies).
- Invested after TSEF: A total of 52 investors have invested in TSEF's portfolio after their investments. Top Investors include FTV Capital (1 company), Weatherford Capital (1 company) and RiverPark Ventures (1 company).
Recent News related to TSEF
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Health tech startup Wellth fetches $20m Series BVCJ•Mar 30, 2023•Yabeo, Wellth, SignalFire, Partnership Fund for New York City and 7 others
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Bank, Credit Card Fee Negotiator Cushion Raises $12 Million Series ACrowdfund Insider•May 12, 2022•Cushion AI, Rose Park Advisors, Flourish, Vestigo Ventures and 3 others
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Key Raises $11M in Seed FundingFinSMEs•Mar 08, 2022•Key, Plaza Corp Investments, N49P, Red Jar and 6 others
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Aunt Bertha Secures $27M to Expand Referral Platform for Social ServicesHIT Consultant•Jun 03, 2021•Aunt Bertha, Warburg Pincus, Pershing Square Foundation, Techstars and 3 others
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Gaming social enterprise receives funding to make eSporting events accessible to all across Scotland.BQ (Business Quarter)•Jun 25, 2019•Enable Gaming, TSEF
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Petal Raises $13 Million In Series A Funding, Led By Valar VenturesDecisionCFO•Jan 10, 2018•Petal, Valar Ventures, Brooklyn Bridge Ventures, Afore Capital and 18 others
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Bamboo Capital invests in credit-analytics venture First AccessImpactAlpha•Nov 29, 2017•Bamboo Capital Partners, First Access, TSEF, Impact Engine and 2 others
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CloudFactory Raises $7.3M in Series B FundingFinSMEs•May 24, 2017•CloudFactory, Dolma Impact Fund, TSEF
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BeneStream closes a $1.58M Seed round to help employers comply with the Affordable Care Act - StartUp BeatStartUp Beat•Jul 02, 2014•BeneStream, The Social Entrepreneurs Fund, ARC Angel Fund NYC, Serious Change and 2 others
