N47 is a venture capital firm with a "Product First" investment strategy, focusing on early-stage, product-focused technology companies, especially those at the intersection of software and hardware (Physical AI). They partner with founders who have developed a compelling product showing early user traction and signs of product-market fit.
40% of their portfolio is in Enterprise Software. They made 1 investments in the last 12 months. Their most common stage is series-a (80% of deals). Average disclosed round size is $24.2M (across 3 rounds with reported amounts).
Portfolio
5
Fund Size
$2B
Top Stage
Series A
Last 12 Mo
1
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
5 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Echo | Series A | $35M | Dec 2025 |
 Encord | Series B | — | Jan 2024 |
| Echo | Series A | — | — |
 Nominal Inc. | Series A | $20M | — |
| HHarmonic Security | Series A | $17.5M | — |
Top Co-Investors
Last updated: 8 March 2026