The Grosvenor Funds

The Grosvenor Funds, established in 1994, is a Washington D.C.-based venture capital firm specializing in early-stage investments across the United States. It primarily focuses on seed, early, and expansion-stage companies, with a preference for those in the technology sector, particularly wireless, healthcare services, and biotechnology. The firm seeks to invest between $1 million to $2 million in initial rounds, providing additional financing in subsequent stages, and often takes a Board seat in its investments. Grosvenor's strategy is to back companies with a sustainable competitive advantage, addressing large markets and demonstrating a clear path to profitability within 18 to 24 months. The firm, led by a team with decades of combined experience, occasionally provides seed financing in exceptional situations.