Company Size
6 - 10 employees
Year Founded
2021
About Simsan Ventures
The Backstory
VCs Changing the Face of Investing
Although there’s no denying that the venture capital community is changing and the makeup of the investors and their startups is becoming more diverse. Recent reports from Q1 of 2022 state that all-female founded teams received only 2% of venture capital and mixed-gender teams managed to reap 15.6% of venture capital. The lack of diversity is amplified as we see that less than 1% of venture capital is raised by Black and Latinx founders. It is unarguably time for change.
Enter Simsan Ventures.
Founded by brothers Sahil and Sagar Chopra, two British Indians in their early 30s each coming from successful careers. The Chopras saw an opportunity to become the new face of emerging venture capital, not just in the UK, but one day worldwide. Their vision is to carve a path for the next wave of emerging fund managers democratizing venture capital. Unlike old-school funds that act as closed social circles, Simsan envisions a day when the venture community opens its doors and welcomes the next generation of aspiring, diverse and innovative investors. In 2021, Sahil and Sagar came together, left their steady jobs and launched their venture firm with the idea of investing in diverse teams and underrepresented founders who are building category-leading, innovative tech startups in Europe, South Korea, and India. It felt like kismet for the brothers when they learned that their firm name of Simsan, which is a combination of their parents’ names (Simmi and Sanjay), is also the Korean word for “mountain.”
