SEVA Growth

Profile

SEVA Growth is a Brooklyn-based growth equity firm founded in 2023 by Shalin Mehta, a former executive at Susquehanna Growth Equity and Spectrum Equity. The firm operates with a two-person team including Roshan Joshi as principal and manages its investments with a hands-on approach, offering operational support alongside capital. The lean team structure allows for in-depth, tailored engagement with portfolio companies, emphasizing a founder-first philosophy.

SEVA Growth focuses on minority growth equity investments in profitable or near-breakeven, founder-led companies across sectors such as internet, software, data, marketplace, and technology-enabled services. The firm targets companies within the United States that demonstrate scalable models and high customer retention. SEVA's investment strategy includes writing $7-20 million minority checks, suitable for its $160 million SEVA II fund, following an $85 million first fund. LPs include university endowments, charitable foundations, and original portfolio company founders.

The firm's portfolio features companies such as Chicory (commerce media), Teleskope Technologies, TitanFile (secure file-sharing for law firms), Pronto, and Serif Health (healthcare pricing transparency and analytics). SEVA Growth is recognized for the unique approach of having founders from their initial fund reinvest in the subsequent one, signaling strong trust and satisfaction with the firm's collaboration and outcome-focused strategy.