Fund Analysis: NVP Capital

Fund II: $80M close; focusing on Vertical AI + enterprise software, seed-stage; U.S.

1) Fund facts (what an LP needs upfront)

• Manager: nvp capital (NYC)

• Fund: Fund II (closed at $80M; firm states total AUM ~$200M)

• Stage: Seed (positions itself as “seed-stage venture firm”)

• Core thesis: Vertical AI (AI-native solutions modernizing under-digitized “legacy” industries) + enterprise software

• Geography: “Investing globally,” but HQ + many proof points are U.S.-centric (healthcare, logistics, workforce, etc.).