S12F is a venture capital firm based in New York, New York. The firm makes commitments to VC firms with the expectation to invest in current and subsequent funds and to co-invest in select companies. The firm also makes direct and co-investments in companies based in the United States and Europe with a focus on enterprise software as a service (SaaS) and marketplaces sectors. The firm also acquires software and tech-enabled service companies that can exist as a standalone operation with an engaged team for the long term.