Joseph T. Hasselmann
LinkedIn Copy
Hey Joseph — similar background in banking and growth equity. Been thinking a lot about proprietary origination in B2B tech lately. Would be good to connect.
Hey Joseph, see we share a similar PE path, though I was in London doing growth equity not building a growth equity platform like Verdure. most funds at this stage have stacked up a pretty solid toolkit — PitchBook, a CRM like Affinity or DealCloud, maybe Grata, sourcing consultants, the works. but even with all of it, proprietary deal flow often stays thin or inconsistent. the off-market stuff doesn't compound because thesis, network, and intelligence never fully sync into one system — so origination basically resets every cycle instead of building a real edge. wondering if that's still how it plays out at Verdure? — Russ
Hey Joseph, see we share a similar PE path, though I was in London doing growth equity not building a growth equity platform like Verdure. most funds at this stage have stacked up a pretty solid toolkit — PitchBook, a CRM like Affinity or DealCloud, maybe Grata, sourcing consultants, the works. but even with all of it, proprietary deal flow often stays thin or inconsistent. the off-market stuff doesn't compound because thesis, network, and intelligence never fully sync into one system — so origination basically resets every cycle instead of building a real edge. do you disagree? — Russ
hey Joseph — this kept rattling around. when I was doing growth equity we had every subscription going — PitchBook, CRM, enrichment tools, the lot — and I still spent half my time manually pulling origination together across all of it. always wondered if that was just us being disorganised or if it's genuinely universal. did you ever run into that at Verdure, or was it just us? — Russ
hey Joseph — appreciate the connect either way. I'm in and around B2B tech origination all day — if you ever want to swap notes on what's working, I'm easy to find. — Russ
Email Copy
No email copy generated yet.
Prospect Research
## PROSPECT INFORMATION: Name: Joseph T. Hasselmann Title: Founder & Managing Partner Fund: Verdure Capital Management Background: Joseph T. Hasselmann is a veteran venture capitalist currently serving as a Partner at Millennium Technology Value Partners and the Founder/Managing Partner of Verdure Capital Management. Based in New York, his current focus is on growth equity, secondaries, and capital solutions for the venture ecosystem, with a deep specialization in B2B technology, enterprise AI, and data infrastructure. Joseph’s background includes a significant tenure at Forge (Employee #12) as Director of the Institutional Client Group, where he handled high-profile transactions for companies like Coinbase, DoorDash, Slack, and UiPath. He also spent three years at IBM within the Watson Corporate Development team and the Microelectronics division. His education is in Environmental Engineering from the University of Vermont, and he holds Series 7 and 66 certifications. Key Current Focus & Skills: - Specialized in venture-growth and direct secondary investments. - Deep expertise in AI infrastructure (specifically inference and compute), fintech, and cybersecurity. - Strong focus on "Capital Solutions" as a lever in liquidity-starved markets. - Notable portfolio involvement: Groq, StrongDM, Notion, Pipedream, Ocrolus, and Sure. Post Summaries & Direct Quotes: March 2026: Hasselmann reposted Tim Prendergast’s announcement regarding StrongDM’s acquisition by Delinea, highlighting his role as an early investor in the identity security space. January 12, 2026: Hasselmann shared a massive win regarding Groq’s $20Bn licensing deal with NVIDIA. He noted that Verdure Capital Management initiated their position in the 2021 Series C. Direct Quote: "That initial bet was anchored on a simple but then-unproven view: Groq's architecture could deliver best-in-class throughput... What began as a venture-sized investment evolved into a high-conviction, concentrated position. We increased our invested capital by over 7x throughout the holding period." Direct Quote: "That outcome arrived in December, when NVIDIA... closed a $20Bn licensing deal with Groq. The significance of this transaction and partnership cannot be overstated. It reflects extraordinary validation and underscores a broader shift in the AI compute stack, where inference capabilities are now a defining driver of value." December 2025: He reposted Pipedream’s acquisition by Workday, celebrating the exit of another portfolio company. December 3, 2024: Hasselmann published a memo regarding the venture market's liquidity crisis. Direct Quote: "Despite strong secular tailwinds, the venture ecosystem is grappling with a liquidity crisis. Distributions to limited partners are at Great Financial Crisis lows... We continue to see tremendous opportunity for our capital solutions in the current investment environment." July 15, 2024: He announced joining Millennium Technology Value Partners. Direct Quote: "Since 2002, MTVP has been a pioneer in providing uniquely flexible growth and liquidity capital in the venture-backed ecosystem... The firm has backed many of the most significant technology companies of our generation, including Facebook/Meta, Spotify, Pinterest, Alibaba, Twitter/X, CoreWeave, and Mistral." May 2, 2024: Commented on StrongDM’s Series C funding. Direct Quote: "Proud to partner with StrongDM alongside a powerhouse syndicate of new and old friends. In Tim’s words, may the best PAM win." April 29, 2024: Released a Verdure Capital Management memo titled "Green Grass & Low Tides" regarding investment conditions in the VC-backed midmarket. Fund details: - Description: Growth equity, structured capital, and liquidity solutions in mission-critical b2b technology. - Website: https://www.verdure.vc - Location: San Francisco, California, United States - Lead qualification: Research: - Query: =Verdure Capital Management Joseph T. Hasselmann recent investments fund thesis - Answer: Verdure Capital Management focuses on growth-stage investments and has recently invested in Persona AI. The firm is based in Austin, Texas, and partners with technology leaders globally.