42 Ventures

42 Ventures is a Salt Lake City, Utah–based venture capital and investment partnership founded in 2006 by entrepreneur Ned Stringham that deploys capital—typically from its principals and aligned private equity partners—into software-driven businesses with established products and customers, often in industry-focused technology niches such as cloud, IT and digital platforms; the firm combines strategic, operational and board-level support with co-investment alongside private equity sponsors to help portfolio companies grow, with typical equity checks reported in the mid-hundreds of thousands to low-millions range and a flexible, evergreen investment orientation without a fixed exit timetable.