---
title: "ValueStream Ventures"
description: "ValueStream Ventures is a thesis driven, early stage venture capital firm based in New York City. According to its official materials, the firm focuses on business to business software platforms that are built around valuable data and often use artificial intelligence to create scalable applications. In Africa, ValueStream Ventures has been an active backer of Smile ID, a Nigeria based digital identity and fraud prevention company. The firm has participated in the company’s Seed, Series A, and Series B funding rounds, with investments recorded between April 2019 and February 2023. These investments align with ValueStream Ventures’ focus on early and growth stages, including Seed, Series A, and Series B financings. The Smile ID partnership also illustrates the firm’s interest in cybersecurity related solutions and business to business infrastructure in the Nigerian market. ValueStream Ventures highlights a hands on and thesis driven approach, supporting founders who are building data rich platforms across sectors such as software, data and analytics, and financial technology. Its continued participation in multiple Smile ID rounds, alongside co investors like Costanoa Ventures and Norrsken22, underscores a commitment to long term partnerships with portfolio companies that address critical infrastructure needs in emerging markets."
canonical_url: "https://liners.com/investors/valuestream-ventures"
markdown_url: "https://liners.com/investors/valuestream-ventures.md"
type: "investor"
language: "en"
updated_at: "2026-08-01T03:00:44.477Z"
---

# ValueStream Ventures

ValueStream Ventures is a thesis driven, early stage venture capital firm based in New York City. According to its official materials, the firm focuses on business to business software platforms that are built around valuable data and often use artificial intelligence to create scalable applications. In Africa, ValueStream Ventures has been an active backer of Smile ID, a Nigeria based digital identity and fraud prevention company. The firm has participated in the company’s Seed, Series A, and Series B funding rounds, with investments recorded between April 2019 and February 2023. These investments align with ValueStream Ventures’ focus on early and growth stages, including Seed, Series A, and Series B financings. The Smile ID partnership also illustrates the firm’s interest in cybersecurity related solutions and business to business infrastructure in the Nigerian market. ValueStream Ventures highlights a hands on and thesis driven approach, supporting founders who are building data rich platforms across sectors such as software, data and analytics, and financial technology. Its continued participation in multiple Smile ID rounds, alongside co investors like Costanoa Ventures and Norrsken22, underscores a commitment to long term partnerships with portfolio companies that address critical infrastructure needs in emerging markets.

## Breadcrumbs

- [Investors](/investors)
- [ValueStream Ventures](/investors/valuestream-ventures)

## Summary

ValueStream Ventures is a thesis driven, early stage venture capital firm based in New York City. According to its official materials, the firm focuses on business to business software platforms that are built around valuable data and often use artificial intelligence to create scalable applications. In Africa, ValueStream Ventures has been an active backer of Smile ID, a Nigeria based digital identity and fraud prevention company. The firm has participated in the company’s Seed, Series A, and Series B funding rounds, with investments recorded between April 2019 and February 2023. These investments align with ValueStream Ventures’ focus on early and growth stages, including Seed, Series A, and Series B financings. The Smile ID partnership also illustrates the firm’s interest in cybersecurity related solutions and business to business infrastructure in the Nigerian market. ValueStream Ventures highlights a hands on and thesis driven approach, supporting founders who are building data rich platforms across sectors such as software, data and analytics, and financial technology. Its continued participation in multiple Smile ID rounds, alongside co investors like Costanoa Ventures and Norrsken22, underscores a commitment to long term partnerships with portfolio companies that address critical infrastructure needs in emerging markets.

## Recorded investments

| Product | URL | Stage | Amount | Date |
| --- | --- | --- | --- | --- |
| Smile ID | /smile-id | Series B | 20000000 | 2023-02-01T00:00:00.000Z |
| Smile ID | /smile-id | Series B | 20000000 | 2023-02-01T00:00:00.000Z |
| Smile ID | /smile-id | Series A | 7000000 | 2021-07-01T00:00:00.000Z |
| Smile ID | /smile-id | Series A | 7000000 | 2021-07-01T00:00:00.000Z |
| Smile ID | /smile-id | Seed | 4000000 | 2019-04-01T00:00:00.000Z |

## Related pages

- [All investors](/investors)
- [Funding rounds](/funding)

## Access and citation

- [Canonical HTML page](https://liners.com/investors/valuestream-ventures)
- [Markdown route index](/sitemap.md)
- [Agent access guide](/llms.txt)