# Conversion Ventures

> Conversion Ventures is a VC fund backing Information Technology and SaaS. See 17 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: New York, United States
- Total investments: 17
- Last investment: Jan 2024
- Lead investor: 35%
- Last updated: Aug 2026
- Website: http://www.cvc2.com/

Conversion Ventures is a VC fund in New York focused on Information Technology and SaaS. Conversion Venture Capital (CVC) is focused on control and growth investments in quality mid-market businesses which would benefit from a long term investment perspective.They invest our own capital and, unlike traditional private equity firms, They do not operate as a fund. As a result, They have greater flexibility with regards tostructuring and investment time horizons. They have expertise investing in multiple industries and subsectors across a variety of business cycles and through various economic conditions.They strive to be active and value add board members leveraging our experience, ability to assess add-on acquisitions, and network of relationships to build value over time.They rely on the quality of existing management teams to operate our businesses and endeavor to make the senior executives of each portfolio company our partners in success.

## Contacts

5 contacts available for Conversion Ventures. Shizune tracks 2 team members at Conversion Ventures. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/conversion-ventures-llc?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Information Technology | 3 | 18% |
| SaaS | 2 | 12% |
| Biotechnology | 2 | 12% |
| Manufacturing | 2 | 12% |
| CRM | 1 | 6% |

29 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series B | 6 | 35% |
| Series A | 3 | 18% |
| Series C | 2 | 12% |
| Seed | 1 | 6% |
| Funding Round | 1 | 6% |

6 stages tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Kyle Armstrong | Managing Partner | 0 | https://shizune.co/investors/profile/kyle-armstrong |
| Shakeel Rangrez | Founding Partner | 4 | https://shizune.co/investors/profile/shakeel-rangrez |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| SmartLabs | SmartLabs designs, builds, and operates integrated, enterprise-grade research environments, including multifunctional research and development labs, vivariums, process development, pilot-scale manufacturing, and cGMP suites for companies of all sizes. | $48M | Series C | Jan 18, 2024 |  |
| BEAT THE BOMB | BEAT THE BOMB is an immersive social video game company that offers multi-player live gaming challenges. BEAT THE BOMB players can select from one-hour missions in which they must dress in hazmat gear, dodge lasers, and crack codes in order to Beat The Bomb or relax in the immersive arcade lounge and order drinks from The Bomb Bar. Beat The Bombalso provides a variety of special event services, such as STEM Camps, Kid and Adult Birthday Parties, Corporate Tournaments, and Bachelorette Parties. | $15M | Series B | Sep 13, 2023 |  |
| FinQore | SaaSWorks is driving revenue performance for every Subscription and SaaS business. We are on a mission to democratize the data-driven insights and expertise required to build and manage these high-growth, high-value businesses. To date, these capabilities have been exclusive to the unicorns and deca-corns of the subscription and SaaS industry. | $6M | Seed | Dec 14, 2022 |  |
| BEAT THE BOMB | BEAT THE BOMB is an immersive social video game company that offers multi-player live gaming challenges. BEAT THE BOMB players can select from one-hour missions in which they must dress in hazmat gear, dodge lasers, and crack codes in order to Beat The Bomb or relax in the immersive arcade lounge and order drinks from The Bomb Bar. Beat The Bombalso provides a variety of special event services, such as STEM Camps, Kid and Adult Birthday Parties, Corporate Tournaments, and Bachelorette Parties. | $7M |  | Jun 28, 2022 |  |
| BEAT THE BOMB | BEAT THE BOMB is an immersive social video game company that offers multi-player live gaming challenges. BEAT THE BOMB players can select from one-hour missions in which they must dress in hazmat gear, dodge lasers, and crack codes in order to Beat The Bomb or relax in the immersive arcade lounge and order drinks from The Bomb Bar. Beat The Bombalso provides a variety of special event services, such as STEM Camps, Kid and Adult Birthday Parties, Corporate Tournaments, and Bachelorette Parties. | $7M | Series A | Jun 28, 2022 |  |
| Vivvi | Vivvi provides child care and early learning services for families and tools for recruitment, retention, and productivity to employers. Its mission is to honor the potential of working parents by providing them with an infant and toddler and preschool program designed to equip their children with a lifelong love of learning and simultaneously meettheir schedule, financial, and knowledge needs.It was founded in 2018 and is headquartered in New York, New York. | $15M | Series B | Jan 16, 2022 |  |
| PetPlate | PetPlate is a direct-to-consumer subscription service that delivers fresh-cooked pet meals made from real food and balanced for a dog's diet by a veterinary nutritionist. The meals are gently-cooked, custom-portioned, and flash-frozen to lock in freshness. | $19M | Series B | Dec 15, 2021 |  |
| SmartLabs | SmartLabs designs, builds, and operates integrated, enterprise-grade research environments, including multifunctional research and development labs, vivariums, process development, pilot-scale manufacturing, and cGMP suites for companies of all sizes. | $250M | Series B | Sep 20, 2021 |  |
| FinQore | SaaSWorks is driving revenue performance for every Subscription and SaaS business. We are on a mission to democratize the data-driven insights and expertise required to build and manage these high-growth, high-value businesses. To date, these capabilities have been exclusive to the unicorns and deca-corns of the subscription and SaaS industry. | $5M | Seed | Feb 06, 2020 |  |
| FinQore | SaaSWorks is driving revenue performance for every Subscription and SaaS business. We are on a mission to democratize the data-driven insights and expertise required to build and manage these high-growth, high-value businesses. To date, these capabilities have been exclusive to the unicorns and deca-corns of the subscription and SaaS industry. | $5M | Seed | Feb 06, 2020 |  |

10 of 17 investments shown.

## Co-investors
- [ArrowMark Partners](https://shizune.co/investors/profile/arrowpoint-partners) — VC Fund, 5 deals together
- [Everywhere Ventures](https://shizune.co/investors/profile/everywhere-ventures) — VC Fund, 3 deals together
- [Otium Capital](https://shizune.co/investors/profile/otium-capital) — VC Fund, 3 deals together
- [Boathouse Capital](https://shizune.co/investors/profile/boathouse-capital) — VC Fund, 2 deals together
- [Breed's Hill Capital](https://shizune.co/investors/profile/breed-s-hill-capital) — VC Fund, 2 deals together
- [Vestigo Ventures](https://shizune.co/investors/profile/vestigo-ventures) — VC Fund, 2 deals together

## Similar investors

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- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund
- [FJ Labs](https://shizune.co/investors/profile/fj-labs) — VC Fund

## FAQ

### What does Conversion Ventures invest in?

Conversion Ventures invests primarily in Information Technology, SaaS and Biotechnology startups, most often at Series B and Series A stage. Most of the 17 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Conversion Ventures?

Public channels for Conversion Ventures include the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Conversion Ventures?

The team at Conversion Ventures includes Kyle Armstrong (Managing Partner) and Shakeel Rangrez (Founding Partner). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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