Aspenwood Ventures is the next generation of Hummer Winblad Venture Partners- carrying on the legacy of 30+ years of investing in early-stage software companies.

Investors in Early-Stage Enterprise Software Companies

From first institutional capital through the long haul, we help forward thinkers realize their visions.

Aspenwood works harder for the success of our business than any other firm I know. It makes a huge difference when you are trying to manage a young and growing business to know they have your back.

- Tom Dibble

The AspenwoodVC Team brings a huge amount of SaaS experience to the table that helps Klue dominate our category.

- Jason Smith

Steve, Lars and the Aspenwood team were extraordinary partners as we built out the business. Their deep expertise, network and founder centric approach was invaluable to me as a first time entrepreneur in helping wrangle 0 to 1 early stage market dynamics.

- Badri Rajasekar

Lars and the Aspenwood team have been amazing partners helping us build and scale our business.

- Shawn Douglass

Funding The Full Stack, From Infrastructure to Applications

We get behind founding teams that tackle hard problems and have a history of success. Our CEOs consistently attract talented people who want to work with them. The companies we back create paradigm-shifting, disruptive breakthroughs.


Hopin is the first all-in-one live online events platform where attendees can learn, interact, and connect with people from anywhere in the world. Hopin events are known for their full conference capabilities: stages, networking, breakout sessions (roundtables), sponsors, tickets, and analytics. It's all online—everyone can attend at no cost to the planet.


Sonatype is a high-growth company helping Global2000 customers innovate faster and automatically control open source risk. We are their lead and first investor.


Aria Systems is the leader in recurring revenue management for companies like Telstra, MindBody, VMWare, Allstate, Audi, Comcast, and Experian that need to enable their businesses with a modern subscription business model. We were their first investor.

Early and Active

We provide the first institutional capital to emerging software companies that are changing the technology landscape by orders of magnitude, where innovation is truly disruptive.

By working with a select few outstanding companies, we’re able to dig deep into the technology and stay committed for the long-term. We join your board and put our entire team and ecosystem behind helping you to create success.

Focused on Your Success

Our team consists of technology forward thinkers and engineers who have served in roles where they raised capital, struggled to meet payroll, managed through down cycles, and hired during hyper-growth. For us, helping others succeed is a personal commitment.