Teamworthy Group LLC
SEC exempt reporting adviser (venture capital exemption).
- Website
- HTTP://TEAMWORTHY.COM
- HQ
- TN
Teamworthy Group LLC is an investment firm that says it invests in great teams. Thomas D. Lehrman is Managing Partner and Stephen Schmalhofer is a Partner. The investment team includes Brian Cashin and Kyle Limpic, who co-direct the Spring 2026 Teamworthy Founder Fellowship Program. Portfolio companies listed include Toast, Ibotta, SeatGeek, Carta, and OpenGov.
01 · Says / Does
| Tag | Says | Does | Historically (to 2020) |
|---|---|---|---|
| Stages | Not stated | Not enough dated deals | Seed, Series B, Growth, Series A |
| Sectors | Not stated | Not enough dated deals | Ecommerce, Fintech, Edtech, Enterprise SaaS, Marketplaces |
| Regions | Not stated | Not enough dated deals | CA, CO, NY |
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 |
|---|---|---|
| 2016 | 5 | Marketplaces, Biotech, Cybersecurity |
| 2017 | 7 | Ecommerce, Fintech, Consumer |
| 2018 | 1 | Edtech, Fintech |
| 2019 | 4 | Enterprise SaaS, Fintech, Healthtech |
Stage mix over time
- Pre-seed
- Seed
- Series A
- Series B
- Growth
| Year | Pre-seed | Seed | Series A | Series B | Growth |
|---|---|---|---|---|---|
| 2016 | 0 | 3 | 1 | 1 | 0 |
| 2017 | 0 | 3 | 1 | 0 | 3 |
| 2018 | 0 | 0 | 0 | 1 | 0 |
| 2019 | 0 | 0 | 1 | 3 | 0 |
| 2020 | 0 | 0 | 0 | 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 |
|---|---|---|---|
| Teamworthy Ventures ID LP Teamworthy invests in great teams, backing technology companies across restaurant software, fintech, healthcare, government software, cybersecurity and consumer apps. Inferred from the firm's website | 2026 | $17.88M to $19M (Form D) | Raising |
| Teamworthy Ventures IV LP Teamworthy invests in great teams, backing technology companies across restaurant software, fintech, healthcare, government software, cybersecurity and consumer apps. Inferred from the firm's website | 2024 | $59.25M to $100M (Form D) | Open, writing first checks |
| Teamworthy Ventures III LP | 2021 | $45.45M to $125M (Form D) | Follow-ons only |
03 · People across funds
- Thomas Lehrman, Managing Member of the General Partner of the Issuer
Teamworthy Ventures ID LP (Named on Form D); Teamworthy Ventures IV LP (Named on Form D); Teamworthy Ventures III LP (Named on Form D)
- Austin Murphy, Associate
Teamworthy Ventures ID LP (Team); Teamworthy Ventures IV LP (Team); Teamworthy Ventures III LP (Team)
- Ben Yates, Associate
Teamworthy Ventures ID LP (Team); Teamworthy Ventures IV LP (Team); Teamworthy Ventures III LP (Team)
- Brian Cashin, Vice President, Co-Director of the Spring 2026 Teamworthy Founder Fellowship Program
Teamworthy Ventures ID LP (Team); Teamworthy Ventures IV LP (Team); Teamworthy Ventures III LP (Team)
- Claiborne Sifford, Associate
Teamworthy Ventures ID LP (Team); Teamworthy Ventures IV LP (Team); Teamworthy Ventures III LP (Team)
- Emma Barrett, Senior Associate
Teamworthy Ventures ID LP (Team); Teamworthy Ventures IV LP (Team); Teamworthy Ventures III LP (Team)
- Kyle Limpic, Vice President, Co-Director of the Spring 2026 Teamworthy Founder Fellowship Program
Teamworthy Ventures ID LP (Team); Teamworthy Ventures IV LP (Team); Teamworthy Ventures III LP (Team)
- Liz Scarcella, Senior Associate
Teamworthy Ventures ID LP (Team); Teamworthy Ventures IV LP (Team); Teamworthy Ventures III LP (Team)
- Stephen Schmalhofer, Partner
Teamworthy Ventures ID LP (Team); Teamworthy Ventures IV LP (Team); Teamworthy Ventures III LP (Team)
- Thomas D. Lehrman, Managing Partner
Teamworthy Ventures ID LP (Team); Teamworthy Ventures IV LP (Team); Teamworthy Ventures III LP (Team)
- Will Harvey, Senior Associate
Teamworthy Ventures ID LP (Team); Teamworthy Ventures IV LP (Team); Teamworthy Ventures III LP (Team)
- Ashley Ethridge, Executive Assistant
On the team page, not linked to a fund
- Catherine Brecount, Associate
On the team page, not linked to a fund
- Corbett Ourso, Vice President of Talent & Recruiting
On the team page, not linked to a fund
- Justin Hintz, Vice President of Product & Technology
On the team page, not linked to a fund
- Kateri Allen, Recruiter
On the team page, not linked to a fund
- Melanie Ashmore, Head of Investor Relations, Executive Assistant
On the team page, not linked to a fund
- Ryan Sadighian, Vice President
On the team page, not linked to a fund
- Talia Furchak, Executive Assistant
On the team page, not linked to a fund
- Teddy Grace, Software Engineer
On the team page, not linked to a fund
04 · Recent deals
No dated deals found yet.
05 · Latest from the firm
No news from the firm's website yet.
06 · Sources
Fund dates and sizes are from SEC Form D filings.
Last verified: Oct 28, 2026