Investor profile

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Purple Sage Ventures

Micro-fund

USHealthtechB2B SaaSMarketplacesEnterpriseConsumerOther

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Investment thesis

Purple Sage Ventures invests in early-stage startups with diverse founding teams, with a primary focus on products and services that innovate supply chains, increase business and personal productivity, and reimagine wellness. The firm targets seed-stage companies that are post-launch with at least six months of revenue or customer traction, and participates in Series A rounds via co-investment or as follow-ons to existing portfolio companies. As founders and operators-turned-investors, the PSV team brings a founder-first mentality and avoids sectors requiring deep regulatory or technical domain expertise. Their thesis is straightforward: "do the work and focus where others are not looking" — backing underrepresented founders in unsexy or overlooked industries, believing diverse founding teams generate equal or better returns while remaining underserved by traditional capital.

Notable quotes

Our thesis is simple - do the work and focus where others are not looking. Other investors may not focus on diverse founders, or smaller ticket sizes, or unloved, unsexy industries – but we do.

Liz Leahy · Seraf Compass – Woman Investor Profile Series

Capital is clearly harder for [underrepresented founders] to access, yet their returns – as I have experienced them - are on par with any other founder. I hope this access to capital will improve.

Liz Leahy · Seraf Compass – Woman Investor Profile Series

Deep into the night I think about ways to improve how we source opportunities, diligence them and help to nurture them. If we are constantly adding value throughout these processes, the results will be there.

Liz Leahy · Seraf Compass – Woman Investor Profile Series

Team

Liz Leahy

Founder & Managing Partner

HealthtechB2B SaaSMarketplacesConsumerOther

Alex Hornick

Venture Advisor

B2B SaaSEnterpriseOther

Susan Mohi

Operations

Katy Krassner

Head of Media & Communications

Recent investments

CompanyRoundSizeDate
Equity QuotientSeed2025
Health in Her HUESeed$3m2024-01-08
InclusivelySeed
Renewal MillSeed
TO THE MARKETSeed
SendsparkSeed
GuavaSeed
Keep CompanySeed
CharacterSeed
Tailored IndustrySeed

Frequent co-investors

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