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American River Ventures was a venture capital firm providing seed, early-stage, and growth capital to companies primarily in Northern California. Its investment strategy focused on fostering entrepreneurship within the region, targeting energy sustainability and information technology sectors. The firm aimed to support promising ventures outside the immediate sphere of traditional Silicon Valley investment.
Co-founded in 2001 by Harry Laswell and John Kunhart, the firm's origin was a desire to stimulate entrepreneurial activity in technologically underserved markets. Kunhart, an active seed-stage investor and co-founder of Professional Solutions, Inc. (PSI), brought prior experience that informed their strategic approach to regional investment.
American River Ventures empowered early-stage companies to scale and achieve market penetration within its target sectors. The firm's vision was to cultivate a robust ecosystem of innovation and economic development across Northern California by backing enterprises poised for significant impact in technology and sustainable energy.
American River Ventures has 1 tracked investment across 1 company. The latest tracked deal is $30.0M Series B in PatientSafe Solutions in March 2010.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Mar 1, 2010 | PatientSafe Solutions | $30.0M Series B | Christopher W. Kersey, Psilos Group, D. Keith Grossman | First Round Capital, Long Journey Ventures, Scott Banister, Integral Capital Partners, Menlo Ventures, Shea Ventures, Valhalla Capital |