Twelve Below is a venture capital firm that focuses on pre-seed and seed-stage investments, primarily in New York City-based companies. Their strategy involves leading or co-leading financings in the fintech, healthcare, energy, SMB, and consumer sectors, aiming for a 10-15% ownership stake and building strong, trusting partnerships with founders.
33% of their portfolio is in Healthcare. Deal activity increased 100% year-over-year (2 deals in the last 12 months). Their most common stage is series-a (56% of deals). Average disclosed round size is $9.3M (across 9 rounds with reported amounts).
Portfolio
9
Fund Size
$108M
Top Stage
Series A
Last 12 Mo
2
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
9 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Conduit Health | Series A | $17M | Mar 2026 |
 Barnwell Bio | Seed | $6M | Jan 2026 |
 Fort Health | Series A | $5.5M | Nov 2024 |
 Architect Financial Technologies | Series A | $12M | Feb 2024 |
 Wand.app | Seed | $4.2M | Aug 2023 |
 Odyssey | Series A | $15M | May 2023 |
| CCarmaCare | Seed | $4.5M | Dec 2022 |
| OOdyssey Energy Solutions | Series A | $15M | — |
 Draftboard | Seed | $4.1M | — |
Top Co-Investors
Founder Collective3 shared
Union Square Ventures2 shared
Abstract Ventures2 shared
Equator2 shared
MCJ Collective2 shared
New Climate Ventures2 shared
Dorm Room Fund1 shared
Alumni Ventures Group1 shared
Inspired Capital1 shared
Revelry Venture Partners1 shared
81 Collection1 shared
SV Angel1 shared
BlockTower1 shared
Tioga1 shared
CMT Digital1 shared
ParaFi Capital1 shared
A Capital1 shared
Coinbase Ventures1 shared
Third Kind Venture Capital1 shared
Salt Fund1 shared
Last updated: 16 April 2026