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Avenue Growth Partners Fund II

United States
Series A
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About Avenue Growth Partners Fund II

Avenue Growth Partners closed an oversubscribed $155M Fund II at its hard cap ($125M target), nearly double its debut fund. Concentrated, growth-equity bets on vertical software and AI-enabled platforms for specialized industries: labs, trucking, legal, equipment dealerships.

Investment Focus

Location / RegionUnited States
Funding StageSeries A
Industry Focus
Ai Ml
Vertical Saas

Investor Signals Profile

active

Sweet Spot

Vertical software/AI founder building for one specialized, underserved industry

vertical software
AI-enabled platforms
specialized industries
growth equity

Bullish Signals

Oversubscribed at hard cap, nearly 2x debut fundexternal
LPs include The Metropolitan Museum of Art, GCM Grosvenorexternal

Contrarian Signals

No contrarian signals recorded.

Founder Do's

Build vertical software or AI for a specialized, underserved industry
Fit an $8-10M Series A-adjacent check

Founder Don'ts

Expect a broad, generalist portfolio (concentrated positions only)

Key GPs & Partners

RR
Ryan Russell
Co-founder & Partner
concentrated-bets
BG
Brian Goldsmith
Co-founder & Partner
vertical-AI

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Fund Overview

Fund Size$155M
Saves0
Website

Key People

Ryan Russell, Brian Goldsmith

Ryan RussellCo-founder & Partner
Brian GoldsmithCo-founder & Partner

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