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.
They made 4 investments in the last 12 months. Their most common stage is series-a (50% of deals). Average disclosed round size is $45.4M (across 6 rounds with reported amounts).
Portfolio
8
Fund Size
$2B
Top Stage
Series A
Last 12 Mo
4
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
8 investments
Top Co-Investors
Hyperwise Ventures2 shared
Bling Capital1 shared
Workday1 shared
Notable Capital1 shared
Menlo Ventures1 shared
Unusual Ventures1 shared
Felicis Ventures1 shared
Northzone1 shared
Gradient Ventures1 shared
Italian Founders Fund1 shared
Evolution Equity Partners1 shared
Last updated: 21 April 2026