Ithaca Holdings is a holding company that acquires enduring, market-leading technology businesses and upgrades their operations using frontier technology and AI. Co-founded by Sequoia Capital partner Ravi Gupta and former Meta CRO John Hegeman, the firm is seeking to raise over $1 billion to acquire and modernize companies, with an initial focus on traditional services such as legal and accounting sectors.
Their most common stage is pre-seed (67% of deals).
Portfolio
6
Fund Size
$1B
Top Stage
Pre Seed
Last 12 Mo
1
Team
JH
John Hegeman
Co-Founder, Co-CEO
RG
Ravi Gupta
Co-Founder, Co-CEO
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
6 investments
Top Co-Investors
Fasanara Capital2 shared
Vesper Holding2 shared
Italian Founders Fund2 shared
Vento2 shared
Tiger Global Management, LLC1 shared
Legend Capital1 shared
Capnamic Ventures1 shared
Verve Ventures1 shared
GMPVC1 shared
Almaz Capital1 shared
Plug and Play Tech Center1 shared
Octopus Ventures1 shared
Menlo Ventures1 shared
Exor Ventures1 shared
The Techshop1 shared
ANIMO Ventures1 shared
Proximity Capital1 shared
Notion Capital1 shared
Blume Ventures1 shared
HEARTFELT_1 shared
Last updated: 9 September 2026