# HayStack Ventures: portfolio, investments and team > HayStack Ventures is a vc firm based in Italy. 2 investments on record, 1 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/haystack-ventures (Millionrounds; every figure on the page links to its filing or article) Italy · [Investor](https://millionrounds.com/investors) # HayStack Ventures Last cheque observed Oct 2026; 2 cheques on record. Deploying now New fund $79M, Jun 2025 VC firm Seed Series A Venture Capital & Private Equity Deploying now **100%** of best year **1** **cheques in 12 months**, 2 on record Since the last cheque **6** days **00** hrs **00** min **00** sec Median round **$29M** Rounds led **0 of 2** Pitch HayStack Ventures ## HayStack Ventures highlights - 01 1 cheques in the last 12 months - 02 Mostly Seed and Series A: 100% of its rounds ## What they do - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Sectors:** Venture Capital & Private Equity - **Based in:** Bologna, Italy - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **2 appearances** - **2026** 1 round - **Oct** **[Different](https://millionrounds.com/company/different)** Seed · US · Pulse 2.0 **$48M** With 5 others - **2019** 1 round - **Sept** **[Fiddler](https://millionrounds.com/company/fiddler)** Series A · US · VentureBeat **$10M** With 3 others An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **1 named** SS **Semil Shah** Managing Director i Filing they signed New fund on file **$79M** raised in Jun 2025 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Seed Series A Median round joined **$29M** the round, not its cheque Led 0 of 2 rounds **0%** - **Sole investor:** Never alone - **Last cheque:** Oct 2026 Rounds by stage said on their site - Seed *1* - Series A *1* Cheques by month Led Joined Nov 2023 Oct 2026 Often in the room with - [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) 2 **Pitching HayStack Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as HayStack Ventures. A count of rooms they were both in, not a relationship either has claimed. [**Lightspeed Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/lightspeed-venture-partners) ## Recently backed The latest companies HayStack Ventures put money into. [**Different** $48M · Oct 2026](https://millionrounds.com/company/different) ## Quick answers about HayStack Ventures ### What does HayStack Ventures invest in? HayStack Ventures invests most often at Seed and Series A (100% of the rounds on record), in sectors such as Venture Capital & Private Equity. ### How active is HayStack Ventures? 2 investments on record, 1 of them in the last 12 months. The most recent was in Oct 2026. ### What has HayStack Ventures invested in recently? Its most recent investments on record: Different (Seed, Oct 2026) and Fiddler (Series A, Sept 2019). ### How big are HayStack Ventures's cheques? The median round it joins is $29M. ### Is HayStack Ventures investing now? Yes: it is actively investing, with 1 investments in the last 12 months. ### Who does HayStack Ventures invest alongside? Most often Lightspeed Venture Partners (2 rounds together). ### What kind of investor is HayStack Ventures? HayStack Ventures is a VC firm based in Bologna, Italy. ### Has HayStack Ventures raised a new fund? Its latest fund filing with the SEC was in Jun 2025, reporting $79M raised. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=haystack-ventures) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=haystack-ventures)