Tandem Ventures
Tandem Ventures is a Draper, Utah-based early-stage venture capital firm founded in 2022 that invests across pre-seed through Series B+ in B2B SaaS and vertical AI companies, deploying $50M Fund I plus $58M+ in SPV co-investments and supplementing capital with a founder network and dedicated revenue acceleration services.
- Company typePrivate
- Founded2022
- HeadquartersDraper, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Tandem Ventures does
Tandem Ventures is a Draper, Utah-based early-stage venture capital firm founded in 2022 to back the next generation of B2B SaaS and vertical AI founders. The firm invests across pre-seed ($500k-$1M), seed ($500k-$2M, its primary stage), Series A ($1M-$2M), and selective Series B+ ($3M-$20M) rounds, having made 28 investments and deploying capital via a $50M Fund I plus over $58M in SPV co-investments — surpassing $100M in total capital raised since founding. Its investment portfolio spans payments/commerce (pmtbox, Fetch), healthcare AI (Enzo Health, Nursa), legal AI (Callidus), construction tech (Speedchain, Rebuy), and other vertical SaaS, with the firm holding follow-on capacity of $5M-$15M for companies past $25M ARR.
The firm's core offering extends beyond capital deployment. It operates "The Stable," a network of 60+ proven founders and operators (including alumni of Pluralsight, BambooHR, and Podium, plus Stanford professors and professional athletes) that provides mentorship and customer introductions. A dedicated revenue acceleration team — led by Partner Jimmer Fredette (12-year NBA veteran) — is targeted to drive $10M in net new ARR across portfolio companies in 2026, differentiating Tandem from capital-only VCs. Operational infrastructure includes a jobs.tandeminvest.com talent network (powered by Getro, with Segment and PostHog analytics) and transparent 45-day post-quarter investor reporting.
Tandem's go-to-market is relationship-driven: deal flow originates primarily through Stable referrals and portfolio-founder referrals, while capital sourcing from LPs runs through direct relationships plus channel partnerships with advisory firms (Private Advisory Group, Corient, Drive Wealth Advisers, NFP, Sepio Capital). The firm serves two distinct customer sets: (1) early-stage technology founders seeking capital and operational support, and (2) individual and institutional investors (HNWs, family offices, foundations) accessing venture exposure through diversified Fund investments ($500k-$10M, ~10-year hold) or single-company SPV investments ($100k-$5M, ~5-year hold). Revenue mechanics follow standard VC economics — management fees on committed capital and carried interest on exits — with an investor-aligned promise that the GP will not take carry if it fails to 2x LP capital.
Tandem Ventures firmographics
Firmographics- Name
- Tandem Ventures
- Legal name
- Tandem Venture Partners
- Website
- https://tandeminvest.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Tandem Ventures is a Draper, Utah-based early-stage venture capital firm founded in 2022 that invests across pre-seed through Series B+ in B2B SaaS and vertical AI companies, deploying $50M Fund I plus $58M+ in SPV co-investments and supplementing capital with a founder network and dedicated revenue acceleration services.
- Ownership category
- akta.pro rank
Tandem Ventures industry classification
Industry- Product category
- Venture Capital Services
- NAICS
- Other Investment Pools and Funds (5259), Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Mortgage Bankers & Loan Correspondents (6162)
- akta.pro primary industry
- Secondaries Co-Investments & Annex Funds (FSANAFAF)
Keywords
Where Tandem Ventures is headquartered
LocationHeadquarters
- HQ city
- Draper
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Tandem Ventures business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Management Fees: VC firms typically charge management fees on committed capital. Tandem operates a $50M Fund I plus additional SPV co-investments.
- Carried Interest: Performance-based carry on successful exits of portfolio companies. The firm has an investor promise that if they don't 2x investors' money, they don't take carry.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Pre-Seed Investment |
| Other | Multi-year contract | Seed Investment |
| Other | Multi-year contract | Series A Investment |
| Other | Multi-year contract | Series B+ Investment |
| Other | Multi-year contract | Fund Investment (for individuals) |
| Other | Multi-year contract | SPV Investment (for individuals) |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels4 records
Tandem Ventures product offering
Product offeringCore offering
Tandem Ventures is an early-stage venture capital firm based in Utah that deploys capital across pre-seed through Series B+ stages of technology companies, with primary focus on B2B SaaS and vertical AI. The firm provides founder-friendly capital, hands-on operational support, dedicated revenue acceleration services, and access to a network of 60+ successful founders and operators (The Stable). Investors can participate through diversified Fund vehicles or direct SPV investments into individual portfolio companies.
Product overview
Tandem Ventures is a founder-first venture capital firm that offers two primary investment vehicles: a diversified Fund product investing across 30+ early-stage companies with $500k-$10M checks, and individual SPV investments with $100k-$5M checks for direct company exposure. The firm provides operational support through revenue acceleration services aimed at driving $10M ARR for portfolio companies, and maintains 'The Stable' — a network of experienced founders and operators who mentor and support the next generation of unicorn entrepreneurs.
Differentiator
Problem solved
Functional benefit
Brands
- The Stable: Network of experienced founders and operators committed to supporting the next generation of unicorn entrepreneurs
- Fund I
Products and services
- Tandem Fund A diversified venture fund investing across 30+ early-stage companies with check sizes ranging from $500k to $10M, called over approximately three years with a roughly 10-year hold period. Available to individual and institutional investors.
- Tandem SPV Special Purpose Vehicles enabling direct investment into individual portfolio companies with check sizes of $100k to $5M and approximately 5-year hold periods. Provides flexibility on timing and ability to underwrite each company individually.
- Revenue Acceleration A dedicated team focused on driving revenue for portfolio companies, with a stated goal of generating $10M ARR for portcos in 2026 through customer introductions, partnership unlocks, and helping founders close early commercial wins.
- The Stable A network of 60+ successful founders and operators committed to supporting portfolio companies through mentorship and operational guidance. Network members include founders such as Aaron Skonnard (Pluralsight), Ben Peterson (BambooHR), and Dennis Steele (Podium), as well as professional basketball players and Stanford professors.
Companies that use Tandem Ventures
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
Tandem Ventures technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Tandem Ventures partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- The StablecoreNetwork of 60+ experienced founders and operators (including Aaron Skonnard/Pluralsight, Ben Peterson/BambooHR, Dennis Steele/Podium, etc.) committed to supporting Tandem portfolio companies through mentorship and operational guidance.
- Factory for GoodminorGiving/philanthropy initiative helping Tandem investors build effective giving strategies for lasting impact.
- Private Advisory GroupminorAdvisory firm partner that works with Tandem for private market investing access.
- CorientminorAdvisory firm partner working with Tandem for private market investing.
- Drive Wealth AdvisersminorAdvisory firm partner working with Tandem for private market investing.
- NFPminorAdvisory firm partner working with Tandem for private market investing.
- Sepio CapitalminorAdvisory firm partner working with Tandem for private market investing.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
Tandem Ventures competitors and assessment
Company assessmentBroad incumbents
- Founders Fund: Well-established venture firm investing across stages in transformative technology companies. Operates at much larger AUM but overlaps with Tandem at Series A/B+ in B2B SaaS and frontier tech categories.
- Foundry Group: Boulder, Colorado-based early-stage VC investing across enterprise, consumer, and emerging tech categories. A more established Mountain West peer with broader sector coverage than Tandem's B2B SaaS/vertical AI focus.
Direct peers
- Costanoa Ventures: Early-stage VC investing in B2B SaaS and enterprise software from seed through Series A. Direct competitor for early-stage enterprise software deals with comparable check sizes and founder-support orientation.
- SignalFire: Early-stage venture firm focused on B2B SaaS and applied AI companies from seed to growth stages. Comparable sector specialization and stage focus to Tandem, though at materially larger AUM.
- Next Frontier Capital: Montana-based early-stage VC focused on technology companies headquartered in the Mountain West and beyond. Recently co-invested with Tandem in HighGround's seed round and shares the same operator-led, early-stage B2B SaaS thesis.
- Peterson Ventures: Salt Lake City-based early-stage VC investing in enterprise software and consumer companies from pre-seed through Series A. Another direct Utah-based peer competing for similar B2B SaaS founders.
- Lerer Hippeau: New York-based early-stage seed VC focused on enterprise software, consumer, and digital media startups. Comparable seed-stage fund size and operator-support model to Tandem Ventures.
- Kickstart Fund: Utah-based seed-stage VC focused on early-stage technology companies. Direct geographic peer to Tandem Ventures with comparable check sizes and a similarly founder-first orientation in the Mountain West ecosystem.
- Pelion Ventures: Early-stage Utah-based venture firm investing in B2B SaaS and enterprise technology from seed through Series A. Closely comparable geography, stage focus, and fund size to Tandem Ventures.
- Peak Ventures: Brigham Young University-affiliated seed and early-stage VC investing in tech startups, with strong Utah roots. Competes with Tandem for the same Utah-anchored founder community and early-stage deal flow.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Tandem Ventures social profiles
Digital presenceTandem Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tandem Ventures leadership team
Management profileNumber of profiles
Profiles6 records
Tandem Ventures funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tandem Ventures M&A and investment
M&A and investmentM&A
Investments22 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Tandem Ventures
What does Tandem Ventures do?
Tandem Ventures is an early-stage venture capital firm based in Utah that deploys capital across pre-seed through Series B+ stages of technology companies, with primary focus on B2B SaaS and vertical AI. The firm provides founder-friendly capital, hands-on operational support, dedicated revenue acceleration services, and access to a network of 60+ successful founders and operators (The Stable). Investors can participate through diversified Fund vehicles or direct SPV investments into individual portfolio companies.
Is Tandem Ventures a public or private company?
Tandem Ventures is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Tandem Ventures founded?
Tandem Ventures was founded in 2022. It employs 11 to 50 people.
Where is Tandem Ventures based?
Tandem Ventures is headquartered in Draper, United States, in the North America region.
How does Tandem Ventures make money?
Two revenue lines are on record. Management Fees are the primary driver. The others are carried Interest.
Who are Tandem Ventures's main competitors?
Broad incumbents on record are Founders Fund and Foundry Group. Direct peers are Costanoa Ventures, SignalFire, Next Frontier Capital, Peterson Ventures, Lerer Hippeau, Kickstart Fund, Pelion Ventures and Peak Ventures.
Does Tandem Ventures have an API?
No public API is recorded for Tandem Ventures.
What industry is Tandem Ventures in?
Tandem Ventures's product category is Venture Capital Services. Its primary akta.pro industry code is FSANAFAF, Secondaries Co-Investments & Annex Funds. Its NAICS code is 5259 and its SIC code is 6162.