Silicon Alley Venture Partners (“SAVP”) was originally founded in 1998. In early 2006, SAVP and Greenhill & Co. combined resources to create Greenhill SAVP (“GSAVP’), a $102 million fund focused on early growth stage Technology-Enabled Services (TES) and Business Information Services (BIS) companies. GSAVP typically invests from $1 million to $8 million in companies primarily located in the Greater Tri-State Area from eastern Pennsylvania to northern Connecticut.
TES and BIS companies leverage existing technology to solve business problems or create substantially improved efficiencies through the proper utilization of information versus creating entirely new technologies. These companies are the next logical step for innovation as core technologies like software, hardware and bandwidth become more mainstream and mature.
Greenhill SAVP is an entrepreneur-centric fund. We believe great entrepreneurs and talented managers make for extraordinary success. We have a strong track record in identifying, recruiting, assessing and coaching talented entrepreneurs and managers, particularly in the TES/BIS sector. For more than a decade, our investment team has been investing and operating almost exclusively in these types of companies.
| Company | Date | Round | Size | Participants |
| Pontiflex | 4/08 | Series A | $2.5M | 2 |