# Troy Henikoff

> Troy Henikoff is a seed investor at MATH Venture Partners (Chicago) backing SaaS and Mobile. See 37 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [MATH Venture Partners](https://shizune.co/investors/profile/math-venture-partners)
- Location: Chicago, United States
- Total investments: 37
- Last investment: Jun 2021
- Lead investor: 27%
- Last updated: Aug 2026
- LinkedIn: http://www.linkedin.com/in/troyhenikoff
- X (Twitter): http://twitter.com/TroyHenikoff
- Website: https://x.com/TroyHenikoff

Troy Henikoff is a seed investor at MATH Venture Partners in Chicago focused on SaaS and Mobile. Troy Henikoff is the Managing Director at MATH Venture Partners.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $20k–$2.5M |
| Pre-Seed | $25k–$555k |
| Series A | $2.4M–$6.8M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| SaaS | 3 | 8% |
| Mobile | 3 | 8% |
| Finance | 3 | 8% |
| Internet | 3 | 8% |
| E-Commerce | 3 | 8% |

75 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 22 | 59% |
| Series A | 4 | 11% |
| Pre-Seed | 3 | 8% |
| Series B | 2 | 5% |
| Funding Round | 2 | 5% |

7 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 25 | 68% |
| United Kingdom | 1 | 3% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Trainual | Trainual is a software platform that helps businesses build playbooks to train and grow their team. With the Trainual app, companies can centralize knowledge, organize every process, policy and SOP, and create learning systems to streamline the onboarding and training process while making knowledge transfer simple.The company was founded in 2018and headquartered in Scottsdale, Arizona. | $27M | Series B | Jun 30, 2021 |  |
| Trainual | Trainual is a software platform that helps businesses build playbooks to train and grow their team. With the Trainual app, companies can centralize knowledge, organize every process, policy and SOP, and create learning systems to streamline the onboarding and training process while making knowledge transfer simple.The company was founded in 2018and headquartered in Scottsdale, Arizona. | $6.8M | Series A | Dec 17, 2019 |  |
| Built In | Built In is a network of online communities operating as a recruitment solution for tech companies and startups in seven major tech markets. Their mission is to help talented people find their professional purpose; companies tell their stories (in a way no job post ever could), and communities connect over a shared passion for tech.The companycurrently operates seven sites in Chicago, Los Angeles, Colorado, Austin, NYC, Boston, and Seattle, and is headquartered in Chicago. It was founded in 2010. | $3.6M | Series B | Jun 26, 2018 |  |
| First | First is a software company that uses artificial and predictive intelligence on when and why people move to predict sales and marketing. It brings predictive marketing to real estate. Fundamentally changing how service providers find their next customer. They discover when and why people will buy or sell a house, so they can connect realtors withnew clients at the perfect time. Thus, the company predicts who will sell by tracking 700+ signals across 214 million people nationwide. | $5M | Series A | May 22, 2018 |  |
| Maxwell Financial Labs | Hi, we're Maxwell. We’re on a mission to revolutionize the $8.5T residential mortgage market by reimagining how mortgage lenders collaborate with homebuyers and real estate agents to buy a home. We connect our hundreds of lenders onto one seamless, intuitively-designed platform, so the focus isn’t the paperwork, it’s the place to call home.Today, hundreds of lenders across the United States use Maxwell’s digital mortgage platform to originate billions in mortgage loans each month at a cycle time 45 percent faster than the national average. | $3M | Seed | Dec 04, 2017 |  |
| Maxwell Financial Labs | Hi, we're Maxwell. We’re on a mission to revolutionize the $8.5T residential mortgage market by reimagining how mortgage lenders collaborate with homebuyers and real estate agents to buy a home. We connect our hundreds of lenders onto one seamless, intuitively-designed platform, so the focus isn’t the paperwork, it’s the place to call home.Today, hundreds of lenders across the United States use Maxwell’s digital mortgage platform to originate billions in mortgage loans each month at a cycle time 45 percent faster than the national average. | $2M | Seed | Dec 15, 2016 |  |
| Built In | Built In is a network of online communities operating as a recruitment solution for tech companies and startups in seven major tech markets. Their mission is to help talented people find their professional purpose; companies tell their stories (in a way no job post ever could), and communities connect over a shared passion for tech.The companycurrently operates seven sites in Chicago, Los Angeles, Colorado, Austin, NYC, Boston, and Seattle, and is headquartered in Chicago. It was founded in 2010. | $2.4M | Series A | Nov 14, 2016 |  |
| Jiobit | Jiobit is the world's smallest and longest lasting tracking solution. With a Jiobit device and smartphone app, parents (and pet parents) can find their loved ones anywhere: Indoors, outdoors, in over 120 countries and even in multi-level buildings.With weeks of battery life and a durable and discreet design, Jiobit is the world'ssmallest real-time location tracking product. The mobile app (run through a wireless subscription service) offers the most comprehensive set of monitoring and notification features available on the market. Overall, Jiobit gives parents peace of mind while allowing kids to be kids. The Jiobit team is comprised of seasoned engineers, designers, and marketers with a history of building innovative and disruptive consumer products and businesses. The team has logged a combined 150 patents from previous endeavors and developed and shipped products selling in the millions worldwide. We are proudly headquartered in Chicago, with a development center in Silicon Valley. | $1.2M | Convertible Note | Jun 27, 2016 |  |
| Jiobit | Jiobit is the world's smallest and longest lasting tracking solution. With a Jiobit device and smartphone app, parents (and pet parents) can find their loved ones anywhere: Indoors, outdoors, in over 120 countries and even in multi-level buildings.With weeks of battery life and a durable and discreet design, Jiobit is the world'ssmallest real-time location tracking product. The mobile app (run through a wireless subscription service) offers the most comprehensive set of monitoring and notification features available on the market. Overall, Jiobit gives parents peace of mind while allowing kids to be kids. The Jiobit team is comprised of seasoned engineers, designers, and marketers with a history of building innovative and disruptive consumer products and businesses. The team has logged a combined 150 patents from previous endeavors and developed and shipped products selling in the millions worldwide. We are proudly headquartered in Chicago, with a development center in Silicon Valley. | $1.2M | Seed | Jun 27, 2016 |  |
| Maxwell Financial Labs | Hi, we're Maxwell. We’re on a mission to revolutionize the $8.5T residential mortgage market by reimagining how mortgage lenders collaborate with homebuyers and real estate agents to buy a home. We connect our hundreds of lenders onto one seamless, intuitively-designed platform, so the focus isn’t the paperwork, it’s the place to call home.Today, hundreds of lenders across the United States use Maxwell’s digital mortgage platform to originate billions in mortgage loans each month at a cycle time 45 percent faster than the national average. | $555K | Pre-Seed | Feb 18, 2016 |  |

10 of 37 investments shown.

## Co-investors
- [Pritzker Group Venture Capital](https://shizune.co/investors/profile/pritzker-group-venture-capital) — VC Fund, 11 deals together
- [Techstars Ventures](https://shizune.co/investors/profile/bullet-time-ventures) — VC Fund, 4 deals together
- [500 Global](https://shizune.co/investors/profile/500-startups) — VC Fund, 3 deals together
- [Lightbank](https://shizune.co/investors/profile/lightbank) — VC Fund, 3 deals together
- [Sovereign’s Capital](https://shizune.co/investors/profile/sovereign-s-capital) — VC Fund, 3 deals together
- [Techstars](https://shizune.co/investors/profile/techstars) — VC Fund, 3 deals together

## About MATH Venture Partners

VC Fund · Chicago, United States

MATH Venture Partners is an early to middle-stage fund managed by a seasoned team of hands-on investors and operators. We look for entrepreneurial teams that have customer acquisition as part of their core DNA. It is this maniacal focus, deep appreciation for process and exceptional talent that makes them stand out. MATH forms deep and personalpartnerships with entrepreneurs. We have built and scaled many large companies to successful exits. Both of our Managing Directors are serial entrepreneurs and teachers at heart. We love to partner with coachable founding teams that strive to constantly improve. Let's build something great together.

2 contacts available at MATH Venture Partners.

| Name | Title | Profile |
| --- | --- | --- |
| Mark Achler | Managing Director | https://shizune.co/investors/profile/mark-achler |
| Troy Henikoff | Managing Director | https://shizune.co/investors/profile/troy-henikoff |

## Similar investors

### Similar industry
- [Warner Music Group](https://shizune.co/investors/profile/warner-music-group) — VC Fund
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Goodwater Capital](https://shizune.co/investors/profile/goodwater-capital) — VC Fund

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

### Similar country
- [SFC Capital](https://shizune.co/investors/profile/startup-funding-club) — VC Fund
- [Fuel Ventures](https://shizune.co/investors/profile/fuel-ventures-fund) — VC Fund
- [Business Growth Fund](https://shizune.co/investors/profile/business-growth-fund) — VC Fund

## Featured in investor lists
- [Music Angel Investors in United States](https://shizune.co/investors/music-angel-investors-united-states)
- [Music Angel Investors](https://shizune.co/investors/music-angel-investors)
- [Finance Angel Investors in United Kingdom](https://shizune.co/investors/finance-angel-investors-united-kingdom)

## FAQ

### What does Troy Henikoff invest in?

Troy Henikoff invests primarily in SaaS, Mobile and Finance startups, most often at Seed and Series A stage. Most of the 37 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Troy Henikoff's check size?

Troy Henikoff typically joins rounds of $20k–$2.5M at Seed, $25k–$555k at Pre-Seed and $2.4M–$6.8M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Troy Henikoff participates in.

### When did Troy Henikoff last invest?

The most recent investment recorded for Troy Henikoff closed in Jun 2021. Shizune tracks 37 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### 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.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co
