Our Approach

Eleven Madison Capital focuses on later-stage technology businesses with proven product–market fit, high growth, durable unit economics, and liquidity.
We look for situations where we can underwrite intrinsic value with a significant margin of safety.

Our Focus

As companies stay private for longer and private/public markets converge, we focus on attractive entry points into high-quality, fast-growing tech businesses.

Lower Risk

Proven business models with strong operating and financial metrics.
Revenue scale and visibility.
Cash generation and/or sufficient funding to support growth through exit.

Higher Returns

Underlying above-market growth (30% p.a.+) at scale.
Value upside from lower entry multiples, as increasing supply of shares causes deep secondary discounts to intrinsic values.

Faster Liquidity

Focus on companies with credible paths to liquidity within 2-3 years - IPO, strategic sale or sufficient secondary market liquidity.
Shorter time to exits results in higher IRRs for investors.

AI-Centric

AI-native businesses that either enable or adopt AI at scale to capture significant value creation via labor and software TAM replacement.
Resilient business models that can benefit from AI productivity improvements (e.g. fin-tech, health-tech, consumer).