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.

We Support and Guide Disruptive Software Companies

Recent Notable Investments

Our Team has Deep Technology Roots and a Passion for Helping Unique Entrepreneurs Build Successful Companies.

We back companies created by founding teams that are bringing something new to the table. It’s more than good ideas we look for. We seek out original ideas and solutions that address complex software challenges.

Companies We Support


A leader in transaction data analysis, Alpharank helps banks and credit unions increase marketing effectiveness, control risk, and catch fraud through a technique that generates implicit social graphs from card transaction data.


Amberdata is building a SaaS platform for monitoring, searching, analyzing and securing public and private blockchains. With smart contracts and decentralized applications, businesses now can codify workflow into blockchain and automate complex back-office processing.


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.

Arkose Labs

The Arkose Labs Fraud and Abuse Prevention Platform combines real-time risk profiling, rich analytics, and adaptive step-up challenges to progressively diminish the profitability of attacks while adapting to evolving attack patterns.A dynamic risk engine, Arkose Detect, uncovers the underlying intent of users while a challenge-response mechanism, Arkose Enforce, roots out malicious humans and bots. Arkose’s unified platform breaks down the business model of fraud by sapping fraudsters’ time and resources until attacks become financially non-viable. This authentication technology provides a long-term solution to abuse yet preserves the online experience for good customers.


AspireIQ connects communities of brands, influencers, and content. Their software platform enables marketers and content creators to build the brands that are rapidly displacing traditional brands and their traditional marketing channels with strong online presences. We are their Series A investor.


Blissfully provides automated visibility into all the SaaS products being used in an organization, and offers a collaborative platform to effectively maintain security, control spend, and manage access rights across all apps and team members.

Clarify Health

Clarify Health, a leading enterprise analytics company delivering real-world insights to healthcare organizations, announced it has raised $115 million in Series C funding. New investor, Insight Partners, led the round alongside Spark Capital, Concord Health Partners, and HWVP, with participation from the company’s largest investor, KKR, as well as Rivas Capital and Sigmas Group. The new funds will be used to further scale the company’s self-service healthcare analytics cloud and business applications. Hilary Gosher, Managing Director at Insight Partners, and Will Reed, General Partner at Spark Capital, will be joining Clarify’s Board of Directors. “Clarify is defining a new paradigm in healthcare analytics —one that offers on-demand, real-world, and actionable insights, delivered via intuitive and time-saving solutions,” said Jean Drouin, MD, CEO, Clarify Health.

“The legacy model of buying raw data and analyzing it with manual tools is unnecessarily cumbersome, increases costs, and drives poorer outcomes.”

Clarify has created one of the largest and cleanest longitudinal data sets in the industry, linking government and commercial claims, electronic health records, prescription, and social and behavioral data on over 300 million unique patient lives. It has innovated patented methods for enriching and sequencing traditionally siloed and unstructured data, which allow its machine learning models to be trained on large cohorts and deliver a more complete picture of each patient’s healthcare journey.



DreamTeamOS is currently in stealth.


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.


Jamm was acquired by Hopin in February 2021.

Jamm provides a video/voice communication app that aims to make working in a distributed team as fun and engaging as being co-located- tying remote team members into the “hallway conversations”. The app provides a sense of what your distributed team members are doing and fosters ad-hoc, informal conversations. This helps members feel less isolated and more connected. While applicable across the enterprise, Jamm’s beachhead is the development team, supporting use cases like collaborative brainstorming, pair programming, joint debugging of issues, code reviews, and handling of production outages. Jamm integrates with the engineering toolset making it easy to use alongside Slack, Jira, Figma, GitHub, and Atom. Jamm was founded by Badri Rajasekar, previously CTO of TokBox, and its employees are appropriately distributed between SF, Barcelona, and Sydney.


KloudFuse is currently in stealth.


Klue is an AI-powered Competitive Intelligence platform designed to help product marketers and CI teams collect, curate, and deliver actionable competitor insights to empower Sales to win more business. Klue enables enterprise sales teams to win more business by providing dynamic insights about competitors. The platform uniquely brings together external competitive intel and internal knowledge from your team in the field. Then, makes it easy for Sales to access the information wherever they are. Built by product marketers to give organizations the advantage in every competitive environment.


The leading container network security solution, with customers worldwide, NeuVector delivers an application and network intelligent ‘container firewall’ security solution that automatically adapts to protect running containers and their hosts.


Oomnitza’s agentless solution consolidates asset data from existing disconnected silos for endpoints, applications, Cloud, networking, and accessories.


Easy, secure, and reliable voice/video chat, screen sharing, co-browsing, and remote support inside your CRM/CSM/ITSM platforms with ScreenMeet. Increase First Call Resolution to lower service costs, reduce the average handling time with faster connections, and have the entire process launched and tracked automatically in-platform.

Smart Access

Smart Access’s pioneering IoT and mobile content distribution technology makes the physical world the new nexus for learning, communications, and execution for the deskless workforce. With Smart Access, you can deliver managed and continuously updated knowledge to your deskless workers in context, within sight and in the flow of their work and get direct feedback from any employee, anytime.

Scan to learn stickers placed at key locations or on objects that give workers what they need to get the job done like task checklists, videos and tips. With the systems now moved to the floor, training, upskilling, and feedback happen continuously, creating a new and modern self-directed, nimble, and productive workforce that always know the right next action.


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


Stackery provides a next-gen SaaS platform for developing, delivering, and managing serverless applications securely, rapidly, and at scale that manages development through deployment, providing CI/CD, security scans, and governance for software delivery teams.


StepFunction’s product analyzes huge volumes of product, CRM, support, and operational data to provide actionable data to Marketing and Customer Success for churn management, upsell, and retention. Their beachhead market is unified communications, but the product is broadly relevant to any high-volume SaaS company. StepFunction was founded by entrepreneurs with deep enterprise cred. Navneet Singh, CEO, is previously from Oracle and Google, and Tej Kohli, Chief Customer Officer, is previously from Cisco and Avaya.


Symbium's Computational Law (Complaw) product is an innovative technology based on the codification of laws and regulations in computable form that provide users with instant answers to their regulatory questions - eliminating slow and expensive manual post-processing.


Through their award-winning solutions, TidalScale’s right-sizing Software-Defined Servers help organizations achieve results sooner and at a lower cost than traditional scaling options, while bringing new levels of flexibility and value to data centers.


Vendia helps organizations use all of their data to make intelligent decisions without thinking about legal, geographical, infrastructure, or cloud boundaries. Its cloud and serverless native platform delivers instant scalability and secure data sharing across multiple clouds at a fraction of the cost of traditional solutions.

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

Seeking Innovative Solutions

We are interested in talking with entrepreneurs who have proven their ability to develop and deliver unique enterprise software solutions.