Hallett Capital

Overview

Hallett Capital is a U.S.-based venture capital firm specializing in seed- and early-stage technology investments. The firm focuses on sectors that leverage its experience and network, including healthcare and business/consumer services. Hallett Capital conducts extensive thematic research to develop differentiated investment opportunities, leveraging its team's collective experience and network of relationships across essential services industries. The firm's network includes accomplished professionals such as CEOs, board members, entrepreneurs, and other executives, who serve as valuable resources to Hallett Capital and its portfolio companies throughout a company's lifecycle. Hallett Capital's investment process starts with the identification of broad themes, followed by research to distill focus to actionable sub-sectors for investment. Once a theme is approved, the firm leverages its network and recruiting partners to source advisors and executives to lead the new platform company. Subsequently, with its advisors and executives, Hallett Capital builds out and engages with a pipeline of proprietary acquisition targets. Key investment criteria include industries exhibiting durable secular growth, recurring revenue models or re-occurring customer purchase patterns, operational optimization opportunities to accelerate growth, strong financial profiles and free cash flow generation, and fragmented industries with significant actionable acquisition targets. The firm's portfolio includes companies such as Rachio, which was acquired by Rain Bird on October 1, 2025.