New York SPV • Technology Co-Investments

Strategic Growth Capital for Technology Leaders

450 Principals II LLC is a special purpose investment vehicle focused on selective co-investments in high-growth technology companies. We partner alongside established venture capital firms to support scalable businesses with strong fundamentals and long-term value creation potential.

• AI, Fintech, SaaS, Cybersecurity • Seed to Series B • US • Europe • Israel
About the firm

About 450 Principals II LLC

Investment operations office setting

450 Principals II LLC is a private special purpose investment vehicle structured to participate in carefully selected, venture-backed technology opportunities. We co-invest alongside leading funds, underwriting on fundamentals, clarity of product‑market fit, and defensible distribution.

Our mandate is intentionally focused: provide disciplined growth capital to scalable businesses while remaining aligned with founders and sponsoring investors. We favor durable unit economics, resilient demand drivers, and clear pathways to category leadership.

Institutional process and documentation for efficient execution
Founder‑friendly timelines with high-quality diligence
Long-term orientation — capital efficiency over short-term narratives

Institutional Capital Discipline

Clear underwriting standards, downside analysis, and governance-aware deal structuring built for repeatable outcomes.

Focused Technology Mandate

Selective exposure to markets where software and data create durable advantages — from AI to modern security stacks.

Long-Term Value Creation

We look for compounding businesses with strong teams, measurable momentum, and clear routes to sustainable cash flow.

Investment focus

Investment Strategy

We pursue selective co-investments in high-growth technology companies where the product is mission-critical and the market structure supports long-term value creation. Our approach is fundamentals-first: we seek businesses with clear customer ROI, repeatable distribution, and evidence of durable differentiation.

Sectors

  • Artificial Intelligence
  • Fintech Infrastructure
  • Enterprise SaaS
  • Cybersecurity
  • Digital Infrastructure

Stage

  • Seed (selective)
  • Series A
  • Series B
We evaluate stage based on the quality of proof points (retention, efficiency, and expansion), not labels.

Geography

  • United States
  • Europe
  • Israel

Selection Criteria

  • Strong fundamentals: unit economics, retention, and capital efficiency
  • Compelling market structure with meaningful TAM and durable demand drivers
  • Clear competitive moat (data, workflow lock-in, distribution, or network effects)
  • Alignment with experienced sponsors and high-quality syndicates
Team meeting and diligence discussion
We partner with sponsors and founders to move quickly while keeping diligence standards high.
Capabilities

Our Services

450 Principals II LLC is built to be an effective co-investment partner — combining clear underwriting, efficient execution, and a pragmatic view of operating reality. While we are not a traditional advisory practice, we support deal evaluation and portfolio oversight with structured processes that match institutional expectations.

Professional reception and collaboration space
Structured diligence workflows, documentation, and responsive communication.
Growth Capital Investment
Co-Investment Participation
Strategic Advisory (as appropriate)
Capital Structuring (SPV formation)
Due Diligence & Deal Evaluation
Portfolio Monitoring
Exit Strategy Advisory

What to include when submitting an opportunity

  • Investor deck + most recent KPIs (ARR, growth, retention, burn, runway)
  • Round details (terms, lead, close timeline, target allocation)
  • Customer profile and proof of value (case studies, ROI, references)
  • Security/compliance posture where applicable (SOC2, ISO, etc.)
Submissions can be emailed directly — no form required.
Investment approach

Our Approach

We prioritize disciplined underwriting, aligned partnerships, and capital-efficient growth models. Our investment decisions are driven by structural market opportunities, high-integrity founders, and evidence that a product is becoming essential within a workflow. The objective is consistent: support compounding businesses while managing downside with clear risk frameworks.

Screen

Fit to mandate, sponsor quality, round dynamics, and the “why now” behind demand.

Diligence

Business fundamentals, customer value, risk review, and competitive positioning.

Execute

Clear documentation, timely communication, and an execution plan aligned to closing schedules.

Principles we optimize for

  • Capital efficiency and measured growth over “growth at any cost”
  • Transparent metrics and operating cadence
  • Products that are embedded into core business processes
  • Long-term partnerships with sponsors, management teams, and investors
Governance

Structure

450 Principals II LLC operates as a private investment vehicle (LLC) with deal-specific SPV deployment. The structure is designed to support efficient co-investment participation while maintaining appropriate governance, documentation, and investor alignment. Investment horizons are typically 5–7 years, consistent with venture-style value creation timelines.

  • Private Investment Vehicle (LLC)
  • Managing Principals
  • Accredited Investors
  • Deal-Specific SPV Deployment
  • 5–7 Year Investment Horizon
This website does not provide investment advice and is intended for informational purposes only. Any offering, if made, will be communicated through definitive documentation to eligible parties.

Governance & Reporting

  • Documented diligence and decision rationale for each transaction
  • Ongoing portfolio monitoring and milestone tracking (as applicable)
  • Risk review including security, compliance, and concentration considerations
  • Clear communications to stakeholders consistent with SPV terms
Leadership

Managing Principal

Joseph Treadway — CEO, Owner
Joseph Treadway • CEO, Owner

Joseph Treadway serves as CEO and Owner of 450 Principals II LLC. The firm is built to operate with an institutional mindset while remaining pragmatic and execution-focused — moving quickly when conviction is high, and slowing down when diligence requires it.

Our operating model emphasizes clarity: aligned sponsors, well-defined investment theses, and transparent communication. We engage with founders and partners respectfully and efficiently, with a focus on long-term outcomes and reputation-first decision making.

Direct Contact

For opportunities, please include a deck and key metrics to help us review efficiently.
Common questions

FAQ

Do you lead rounds?

We primarily co-invest alongside established venture capital sponsors. In select situations we can participate meaningfully, but we do not position ourselves as a lead investor.

What makes an opportunity a fit?

We look for clear customer value, strong retention, improving efficiency, and a credible path to durable differentiation. High-quality sponsors and transparent reporting matter.

How fast is your process?

Timelines depend on diligence complexity and round schedules. When a deal fits our mandate and materials are complete, we aim to move efficiently and communicate clearly.

Submission guidance

To help us review quickly, include your deck, round terms, key KPIs, and any relevant security or compliance materials. If applicable, share customer references or case studies that demonstrate ROI.

Please note: this site is informational only and does not constitute an offer or solicitation to buy or sell securities.

Contact

Get in Touch

For investor inquiries or to submit an opportunity, please reach out via email or phone. We aim to respond promptly; response times may vary based on diligence and scheduling requirements.

450 Principals II LLC

Special purpose investment vehicle focused on high-growth technology companies.

450 Park Ave, 20th Floor
New York, NY 10022
United States
Joseph Treadway
CEO, Owner

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Operational Notes

To keep reviews efficient and fair across opportunities, we use a consistent intake and diligence workflow.

Email submissions preferred (deck + KPIs + round terms)
Clear close timeline and allocation target help us align quickly
If relevant: security/compliance materials (SOC2, ISO, etc.)

We do not accept confidential information without appropriate context. Please avoid sending sensitive data until requested.

New York Office

450 Park Ave, 20th Floor • New York, NY 10022