The GovTech 100 is an annual list compiled and published by Government Technology as a compendium of 100 companies focused on, making a difference in, and selling to state and local government agencies across the United States.
Why We Exist
The famous “hockey stick graph” looks mythical and smooth from afar, but look closely, and the true story of entrepreneurship emerges. Throughout the daily mix of ups and downs, we are there with our founders, every step of the way.
Integrity, excellence, measurable performance, and hard work underlie everything we accomplish.
Growing great companies is all about people.
We believe sustainable companies and diverse founding teams make for more successful investments.
The structure and model of venture capital itself is changing.
Companies need more than money, especially in the early stages.
Core problems facing early stage entrepreneurs are largely the same, regardless of sector.
Most entrepreneurs – even the most brilliant – are facing challenges for the first time. We’ve been there.
Unicorns are great, but not every successful company needs to follow this particular narrative.
Our involvement is designed to help increase the chances of success for our founders
Positive impact makes for stronger companies
- 100% High Impact Companies
- 73% Diverse Founding Teams H/L Studio
- 100% Diverse Founding Teams CityRock Ventures
We invest at the nexus of growth, impact and diversity.
We believe that impactful companies that solve real problems for real people yield better results. We also know that diverse founders build great companies and teams, but often lack ready access to funding and resources. For us, diversity includes underrepresented minority groups in tech, including by gender, ethnicity, economic situation, LGBTQ+, and military service, among others.
H/L Ventures is a Company Building Ecosystem
Since its founding in 2009, H/L Ventures has forged a new way to build companies. H/L Ventures’ unique approach combines Daily Active Engagement with every portfolio company and a focus on investing in growth, impact, and diversity. Today, H/L Ventures manages a family of companies and funds that together comprise a holistic company-building ecosystem.
Press & Media
Oliver Libby outlines the key steps the venture industry needs to take to ensure that we are behaving responsibly enough to avoid heavy-handed governance and regulation.
This interview was brought to you by Builder Nation, a community of engineering leaders developing world-changing products.
The views expressed in these articles and commentaries are those of the author at the time created. They do not necessarily reflect the views of H/L Ventures or any of its officers, directors, members or employees generally. These views are subject to change at any time based on market and other conditions, and H/L Ventures disclaims any responsibility to update such views. These views may not be relied upon as investment advice or as an indication of investment intent on behalf of H/L Ventures or any H/L Ventures portfolio and should not be construed as an offer to sell or a solicitation of an offer to buy securities or any product mentioned in any article. H/L Ventures has received certain nominations or awards by third-parties as reflected herein. Readers should review criteria for each nomination or award as reflected on the third-party’s web page.
Resilience involves navigating through challenges and setbacks. Oliver Libby. Managing Partner at H/L Ventures distinguishes between being in "check" and being in "checkmate" during trying times. Being in "check" implies facing a setback or a tough situation where reasonable moves are left to make. Conversely, being in "checkmate" means reaching a point where no more reasonable options are available.Watch now
Startups and early-stage companies require specific funding tools and round structures. Convertible notes are funding rounds designed to determine what a company is worth in the future, allowing startups to raise capital without a fixed valuation. A true Convertible Note is debt and is a form of protection for investors with the feature to convert into shares in the company at a later stage.Watch now
A lead investor is a venture capital firm that takes on a significant role in a funding round, often leading the investment and often take on key responsibilities including conducting underwriting, structuring deals, and championing the round. Lead Investing requires deep conviction and a commitment to your portfolio.Watch now