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2021 Recap: Photos & Numbers from 116 Street Ventures

Check out some of the 2021 highlights and milestones from Alumni Ventures Columbia Fund

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A fireplace, rocking chair, and a mild case of COVID — in other words, a quiet/quarantined moment to reflect on the numbers, people, and photos that shaped 116 Street in 2021.

26 New Companies

Many with great Columbia connections, all with great potential. See 3-minute clips for some below, others can be seen on our portfolio page.

Capital Rx

Fastest-growing pharmacy benefits platform.

See video policy below.

Ellevest

Finance for women, by women.

See video policy below.

Numerade

Online tutoring, my daughter is a fan!

See video policy below.

First Virtual Conference

We hosted our virtual conference, featuring Sallie Krawcheck CBS ‘92 and other 116 Street founders. 

One New Investment Committee Member to Help Us Evaluate Opportunities

Alec Hartman, founder of DigitalOcean (NYSE: DOCN), TechDay, and Welcome Homes (a portfolio company) joins us to add more of the founder’s perspective to our evaluations.

Alec joins our illustrious existing group including venture capitalists, founders, and investors. More Here.

Seven New Fellows

Seven new Fellows — participants in our one-year, part-time VC career on-ramp. All Columbia alums, of course.

Hundreds of Ways We Supported Our Portfolio Companies and Investors

  • Portfolio company to portfolio company: wonderful to introduce our CEOs and see the sparks of opportunity arise
  • Investors to portfolio companies: As advisors, Board members, and new employees
  • Portfolio companies to sales leads: e.g. intro to 7 Fortune 500 Human Resources leads (from our vast 600K+ Alumni Ventures community)
  • Or just talking through a rough patch with a Founder

Four New Webinars

New Techniques, New Growth, New Environment

  • Launched 1-1 investor chats: enabling our investors to meet one another and talk about Columbia, life, work or anything else two fellow alum may find of interest, i.e. infinite possibilities.
  • ~$900M: Alumni Ventures, our parent organization, has raised nearly ~$900M, >6x more than when I joined the company <4 years ago.
  • 6 US offices: While the 116 Street team is based in our new NYC office (see image; not my thinning spot), our group has offices in Boston, Chicago, Menlo Park, Austin, and Manchester, NH.

2022 will bring new opportunities to invest in the future on behalf of our Columbia investors and friends. If you know of a company that may be a fit – please introduce us!

I wish you and your family a wonderful New Year!

-Ludwig and Andrew

116 Street Ventures seeks to build wealth for Columbia investors and friends through professional venture capital portfolios enabled by a ~$900M alumni-network powered group, Alumni Ventures.

To learn more, click below to review fund materials or book a call with a Senior Partner.

Contact [email protected] for additional information. To see additional risk factors and investment considerations, visit av-funds.com/disclosures.

Written by

Ludwig Pierre Schulze

Ludwig has been on all sides of venture — as an entrepreneur, corporate buyer of ventures, and venture capitalist. Before Alumni Ventures, he experienced the daily realities of entrepreneurship as Founder and CEO of a mobile payments venture. Earlier, at a Fortune 100 telecom (Nokia), he was a general manager and acquired venture-backed businesses. His first experience in venture capital was with an $800 million global fund pre and post the dot.com crash. Ludwig began his career with the Boston Consulting Group. He has a BA from Brown University and an MBA from Columbia. He lives in NYC with his wife and 2 teenagers.

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