Seva Growth

SEVA Growth is a growth equity firm founded in 2023 by solo General Partner Shalin Mehta, based in Brooklyn, New York. Mehta previously invested at Susquehanna Growth Equity and Spectrum Equity, leading deals in companies like NoRedInk and MuckRack before starting his own firm. The firm invests in profitable, founder-led technology companies with proven products, recurring revenue, and strong customer relationships, positioning itself between venture capital and private equity by helping founders scale without needing full buyouts or dilutive VC funding. SEVA focuses on internet, software, data, marketplace, and technology-enabled services companies. Its portfolio includes Chicory, Teleskope, TitanFile, Pronto, and Serif Health, with Mehta typically joining each company's board following investment. The firm's debut $85 million fund closed in 2023, exceeding its original $50 million target in just four months. SEVA typically writes $5 million to $15 million checks as minority investments, targeting eight to ten companies per fund over three to five years. Its investment approach emphasizes long-term partnership over control, offering portfolio companies support in strategic planning, executive hiring, go-to-market strategy, and eventual exit planning.