Jay McGrath joined 3VC after being UiPath's first U.S. sales hire when the region had only two employees, personally handling sales calls and building pipeline from scratch before any team existed, and he later spent time at Tonkean leading global revenue after three decades in financial services sales and marketing roles. At 3VC he's known for hands-on views like hiring based on a company's specific sales motion rather than resumes, treating automation sales as identifying problems across departments like finance and HR rather than one function, and using proof-of-concept periods to test whether a product truly fits a customer's full set of needs.
About their Fund
Sectors
AI, SaaS, Fintech, Health, Ecommerce
Rounds
Series A - Series B+
Avg Check Size
Up to €10M
Notable Investments
3VC was built to give strong startups in Austria, CEE, and the DACH region the Series A funding and international investor access they need to grow instead of exiting too early, backing only about 3-4 companies a year and pairing them with top co-investors and an operator-heavy team of former startup founders. It stays closely involved through hard times, drawing on a venture-partner bench that includes people like ex-UiPath leaders and ICQ cofounder Yair Goldfinger, and by 2022 its concentrated portfolio included three unicorn-level outcomes and a $150M fund that was the largest Series A-focused fund in Austria at the time.
Other partners at the fund
Notable Fund
Investments
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Sheets they're in
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Sheets they're Fund is in
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Popular Investors
investor name
Active in
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Links
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