Royal Street Ventures Management Company, LLC
Emerging managerSEC exempt reporting adviser (venture capital exemption).
- Website
- https://www.royalstreet.vc
- HQ
- UT
Royal Street Ventures is an early-stage venture capital firm that invests in technology and technology-enabled startups in under-capitalized markets such as the Mountain West, Midwest and Southeast. Its team includes Partner Stephanie Spong and Venture Partner Maggie Kenefake. Portfolio companies include Invary, which offers NSA-backed cybersecurity, Curavit, a virtual contract research organization for decentralized clinical trials, MedZERO, which offers interest-free financing for medical expenses, Stay AI, which uses AI to help Shopify brands reduce churn, and Kelvin, an AI control application platform.
New fund likely raising soon
The firm's newest fund is 4 to 7 years past its first sale and no newer Form D has been filed.
01 · Says / Does
| Tag | Says | Does | Historically (to 2020) |
|---|---|---|---|
| Stages | Not stated | Not enough dated deals | Seed, Series A |
| Sectors | Not stated | Not enough dated deals | Enterprise SaaS, Hardware, HR and future of work, Marketplaces, Mobility, Healthtech, Insurtech |
| Regions | US | Not enough dated deals | MO, CA, UT, CO |
Says: what the firm's funds state. Does: from 0 dated deals in the last 24 months.
Historical focus (through 2020), derived from historical deal data.
| Year | Deals | Top sectors |
|---|---|---|
| 2012 | 1 | Consumer, Hardware |
| 2014 | 1 | Enterprise SaaS |
| 2015 | 2 | Data analytics, Devtools, Enterprise SaaS |
| 2016 | 1 | Fintech, Govtech |
| 2017 | 8 | Hardware, Enterprise SaaS, Marketplaces |
| 2018 | 4 | HR and future of work, Consumer, Data analytics |
| 2019 | 4 | Mobility, AI applications, Hardware |
| 2020 | 1 | Enterprise SaaS, Hardware |
Stage mix over time
- Pre-seed
- Seed
- Series A
- Series B
- Growth
| Year | Pre-seed | Seed | Series A | Series B | Growth |
|---|---|---|---|---|---|
| 2012 | 0 | 1 | 0 | 0 | 0 |
| 2013 | 0 | 0 | 0 | 0 | 0 |
| 2014 | 0 | 0 | 1 | 0 | 0 |
| 2015 | 0 | 1 | 1 | 0 | 0 |
| 2016 | 0 | 0 | 1 | 0 | 0 |
| 2017 | 0 | 4 | 1 | 1 | 0 |
| 2018 | 0 | 2 | 2 | 0 | 0 |
| 2019 | 0 | 3 | 0 | 1 | 0 |
| 2020 | 0 | 0 | 1 | 0 | 0 |
| 2021 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | 0 | 0 |
| 2025 | 0 | 0 | 0 | 0 | 0 |
| 2026 | 0 | 0 | 0 | 0 | 0 |
02 · Fund history
| Fund | Year | Size | Status |
|---|---|---|---|
| Royal Street Ventures Seed Fund IV, L.P. Royal Street Ventures is an early-stage venture capital firm investing in technology and technology-enabled startups in under-capitalized markets such as the Mountain West, Midwest and Southeast. The firm backs tech-enabled, capital-efficient companies with scalable solutions to real-world problems. Inferred from the firm's website | 2022 | $15.5M to $30M (Form D) | Late investment period |
03 · People across funds
- Jeffrey Stowell, Managing Partner of Royal Street Ventures Seed Fund IV, G.P., the general partner of the issuer.
Royal Street Ventures Seed Fund IV, L.P. (Named on Form D)
- Laura Brady, Partner
Royal Street Ventures Seed Fund IV, L.P. (Named on Form D)
- Maggie Kenefake, Venture Partner
- Stephanie Spong, Partner
04 · Recent deals
No dated deals found yet.
05 · Latest from the firm
No news from the firm's website yet.
06 · Sources
- https://www.royalstreet.vc
- https://www.royalstreet.vc/contact
- https://www.royalstreet.vc/portfolio/
- https://www.royalstreet.vc/about-us
Fund dates and sizes are from SEC Form D filings.
Last verified: Oct 28, 2026