Data Point Capital Research
Investment Thesis
Data Point Capital is a Boston-based, generalist venture capital firm founded in 2012 by Scott Savitz, the founder of Shoebuy.com. The firm targets revenue-stage technology companies that are disrupting large markets across both B2B and B2C. Data Point Capital emphasizes an analytical, data-driven approach to evaluating opportunities, prioritizing capital efficiency and durable growth over a growth-at-all-costs mentality. The team positions itself as "former operators" and leans heavily on its own operating experience (particularly Savitz's experience scaling and selling Shoebuy.com to IAC) to help founders navigate the path from early traction through exit.
Sector Focus
The firm is a generalist across B2B and B2C technology, with recurring concentration in:
- Cybersecurity and third-party risk (Black Kite, Aperio, Reblaze)
- E-commerce and marketplaces (Rent the Runway, Bidbus, FloorFound, eRetailing, CABA Design, Luxury Garage Sale)
- Marketing and adtech / data intelligence (Truthset, Emporia, indigitall, Yieldify, Recess)
- HR tech and workforce platforms (JobGet, Visage, Upshift, FloCareer, connectRN)
- Enterprise SaaS and vertical software (Incentivio, Flip, Optiversal, Proxima, Vee24, Returnalyze, Settle, FirmPilot)
- Consumer platforms and gaming/prediction markets (DraftKings, ProphetX)
- Robotics and physical AI (Familiar Machines & Magic)
- Climate and clean energy (BoxPower, Raptor Maps)
Stage Focus
Data Point Capital invests at the revenue stage rather than pre-revenue/concept stage — typically Series A through growth rounds, with continued follow-on support through a company's later stages (e.g., the firm's continued involvement with Rent the Runway and DraftKings through and beyond their public listings). Recent first checks, such as the FirmPilot Series A-1, sit squarely in the growth/Series A band.
Check Size
The firm does not publish a specific check-size range on its site, and third-party sources for "Data Point Capital" versus other similarly named funds are inconsistent, so no check size is asserted here with confidence.
Lead Tendency
Founder and Managing Partner Scott Savitz holds active board seats at multiple portfolio companies (CoachUp, FlexCar, Optiversal, ProphetX, Returnalyze, Trifecta, Upshift), which is consistent with the firm frequently leading or co-leading rounds and taking an active, board-level role post-investment, though the firm also participates alongside other lead investors (e.g., FirmPilot's Series A-1 was led by DeepWork Capital with Data Point Capital participating).
Recent Activity
The firm has been active through 2026 with both new investments and heavy portfolio-company follow-on activity:
- February 2026: Participated in FirmPilot's oversubscribed $22M Series A-1 (AI-powered legal marketing platform)
- July 2026: Portfolio company ProphetX raised $35M to scale its CFTC-regulated sports prediction market platform
- Ongoing 2026: Extensive follow-on milestones across the portfolio (Black Kite compliance certifications and EMEA expansion, connectRN/SnapCare merger, JobGet's acquisition of RippleMatch, Truthset's Yahoo DSP partnership, Raptor Maps autonomous solar monitoring, Familiar Machines & Magic's public launch)
Portfolio Highlights
Notable current and past portfolio companies include:
- DraftKings (NASDAQ: DKNG) — daily fantasy sports and sportsbook, now expanding into prediction markets
- Rent the Runway (NASDAQ: RENT) — clothing rental subscription, public since 2021
- ProphetX — CFTC-regulated sports-native prediction market exchange
- Black Kite — cyber risk rating and third-party risk intelligence platform
- Familiar Machines & Magic — physical AI/robotics company founded by iRobot co-founder Colin Angle
- JobGet — hourly/early-career hiring platform (acquired RippleMatch in 2026)
- connectRN — healthcare staffing platform for nurses (merged with SnapCare in 2026)
Notable exits/acquisitions include clypd (acquired by AT&T), Jebbit (acquired by BlueConic), Paintzen (acquired by PPG), Reblaze (acquired by Link11), RESIDENT (acquired by Ashley Furniture), and Yieldify (acquired by Publicis Groupe).
Team
- Scott Savitz, Founder and Managing Partner — Founded Shoebuy.com in 1999 and grew it to $3.5B in inventory value and 8M+ monthly visitors before its sale to IAC; led investments in DraftKings and Rent the Runway; Ernst & Young New England Entrepreneur of the Year; sits on the boards of several portfolio companies.
- Geoff Oblak, General Partner — 25 years of venture investing experience, including 22 years as General Partner at Ascent Venture Partners; prior investments include Network Intelligence (acquired by EMC) and Guardium (acquired by IBM); CFA charterholder and former CPA.
- Mike Majors, Venture Partner — 15+ years of venture investing; former Managing Partner at Siemens Venture Capital, where he founded a $100M "Industry of the Future" fund; prior CFO roles at Visible World (Comcast) and Indeed (Recruit).
- Haley Farnsworth, Principal — Previously in sales at Snowflake covering Fortune 500 accounts and a Senior Associate at MaC Venture Capital focused on seed-stage investing.
- Steve Kurylo, Chief Accountant — Handles the firm's finance and accounting function.
The firm also maintains an unusually large bench of special advisors drawn from successful Boston-area operators and public-company executives, including iRobot co-founder Colin Angle, Constant Contact CEO Gail Goodman, Endeca founder Steve Papa, DraftKings CEO Jason Robins, and Definitive Healthcare founder Jason Krantz, among others — reflecting the firm's operator-led, network-driven approach to sourcing and supporting founders.
Decision Process
Data Point Capital operates as a small partnership (Managing Partner, General Partner, Venture Partner, Principal) rather than a solo-GP structure or formal investment committee, consistent with typical decision-making shared among the core investment team.
Founder Preferences
The firm's public messaging and portfolio pattern suggest a preference for founders who have already found product-market fit and are focused on capital-efficient growth, rather than pre-product or pre-revenue teams. The heavy roster of operator-advisors suggests the firm values founders who will actively engage with hands-on operating support.
Geographic Focus
The firm is headquartered in Boston, Massachusetts, and its investment history shows a strong New England/Northeast bias, though the portfolio also includes companies headquartered elsewhere in the US (e.g., California-based marketplaces and cybersecurity companies), indicating a primarily US-wide geographic focus anchored in the Boston ecosystem.