Harbert Growth Partners
Harbert Growth Partners is a venture capital firm focused on investing in seed, startup, and emerging growth stage companies, primarily in the Southeastern and Mid-Atlantic regions of the United States. The firm targets sectors such as marketing technology, eCommerce enablement, information technology—including software and cybersecurity—healthcare IT, and medical devices. Harbert Growth Partners typically invests between $0.25 million and $7 million in companies with annual sales up to $100 million and enterprise values ranging from $2 million to $40 million. With a preference for board representation in its portfolio, the firm aims to partner with entrepreneurs and support high-growth ventures that are often overlooked by traditional investors. Headquartered in Richmond, Virginia, Harbert Growth Partners also maintains offices in Birmingham, Alabama, and Gainesville, Florida, and operates as a subsidiary of Harbert Management Corporation.
Shipt, LLC is an online grocery delivery platform founded in 2014 and headquartered in Birmingham, Alabama. The service connects members with a wide range of products, including groceries, household essentials, beauty items, and alcohol, allowing users to shop conveniently from various stores. Shipt operates on a membership model, enabling customers to order online and receive their purchases delivered directly to their homes. The company became a subsidiary of Target Corporation in 2017, which further expanded its capabilities and market reach. By focusing on convenience and efficiency, Shipt aims to simplify the shopping experience for its users.
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