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InvestingJune 10, 2025 / 10 min

The Venture Studio Model: How Scalable Ventures Works

An inside look at how Scalable Ventures uses the venture studio model to build and scale companies.

VCVik ChadhaFounder • Operator • Investor
First-hand Experience
Founder and CEO of Scalable Ventures since 2010(Built 15+ companies using the venture studio model, with multiple successful exits)
The venture studio model represents a different approach to building companies—one that combines the resources of a venture fund with the operational capabilities of a startup studio. After 15 years of running Scalable Ventures, I have a clear picture of why this model works, where it breaks down, and how we have refined it to build and scale more than a dozen companies across SaaS, AI, healthcare, and creative industries. Here is how we do it. For what we look for in founders, see Investing in the Next Generation. For scaling guidance, check out B2B SaaS Scaling Playbook. A venture studio is an organization that builds companies from the ground up, providing not just capital but also operational support, resources, and expertise. Unlike traditional venture capital, studios are actively involved in company creation and early-stage development. The easiest way I explain it to founders is this: a traditional VC writes a check and waits for quarterly updates. A venture studio rolls up its sleeves and builds alongside you—sometimes before there is even a "you" to build with. We originate many of our own ideas, validate them with real customers, and then recruit a founder or co-founder to lead the company once we have early signal. That distinction matters because it inverts the typical startup sequence. Instead of waiting for a great pitch deck to walk through the door, we go hunting for market gaps first and then assemble the right team around the opportunity. I started Scalable Ventures in 2010 after co-founding Backupify, which we grew from a dorm-room idea to a company managing 160 petabytes of data for 40,000 customers before it was acquired by Datto. That experience taught me that the hardest part of building a startup is not the idea—it is the execution infrastructure around the idea. A venture studio formalizes that infrastructure so every new company starts from a higher baseline. We identify market opportunities and build companies to address them, rather than just investing in existing startups. For example, Revoyant emerged from a pattern I kept seeing across our portfolio companies: revenue teams were drowning in disconnected data from CRMs, billing systems, and usage analytics. Rather than waiting for someone to pitch us a solution, we mapped the problem, validated willingness to pay with a dozen finance leaders, and then built the initial product internally before bringing on a dedicated team. This is how most of our portfolio starts. HiveDesk came from the need for remote workforce management that we experienced firsthand scaling UnifyCX to 6,000 employees across multiple countries. GoalCadence grew out of the OKR and performance tracking frameworks we were already using internally. The ideas are not theoretical—they come from real operational pain points we have lived through. We provide hands-on operational support including:
  • Product development
  • Go-to-market strategy
  • Sales and marketing
  • Operations and infrastructure
  • Talent acquisition
This is not a menu that founders order from—it is baked into how we work. When we launched Elinkages, our partner operating system for ecosystem-led growth, I personally ran the first 30 sales calls to understand objections and refine positioning before we hired a dedicated sales lead. That kind of founder-level involvement in the early commercial motion is something most VCs simply cannot provide. By providing resources and expertise, we help companies achieve milestones with less capital than traditional startups. Across our portfolio, companies typically reach their first meaningful revenue milestone on 40 to 60 percent less capital than comparable VC-backed startups. The reason is straightforward: we do not need to spend six months and half a million dollars figuring out basic go-to-market mechanics, building a finance function, or recruiting an advisory board. Those capabilities already exist inside the studio. Every dollar goes toward the things that actually differentiate the business—product, customers, and domain expertise. With operational support and resources, companies can move faster than traditional startups. When we spun up TractionFlow, our sales pipeline intelligence tool, we went from validated concept to live beta in under four months. A standalone startup raising its first round, hiring its first engineer, and setting up basic infrastructure would spend that same four months just getting to the starting line. Active involvement and support lead to better outcomes than passive investment. Industry data shows that roughly 75 percent of VC-backed startups fail. Our studio model has produced a meaningfully better track record because we catch problems earlier, pivot faster, and never leave a founder alone with a challenge they have not seen before. When one of our portfolio companies hit a wall with enterprise sales cycles that were stretching to nine months, we restructured their pricing model and introduced a product-led growth entry point within weeks—a pivot that would have taken a typical startup a full quarter of board discussions and consultant engagements. Companies benefit from shared resources, infrastructure, and expertise. Our portfolio companies share a common technology stack, design system, and back-office infrastructure. Convertify, our conversion optimization platform, and Commercify, our commerce solution, share authentication, billing, and analytics infrastructure. That shared layer saves each company months of engineering time and tens of thousands of dollars in redundant tooling. Multiple companies in the portfolio diversify risk while sharing learnings. When one company discovers a new customer acquisition channel or encounters a regulatory hurdle, that knowledge propagates across the entire portfolio within days, not years. The cross-pollination effect compounds over time—each new company we launch benefits from every lesson learned by the companies that came before it.
Venture Studio Process
1
Opportunity
Identify
Market research
Customer discovery
2
Team
Assemble
Domain experts
Technical talent
3
Product
Develop
Technical resources
Design & UX
4
Go-to-Market
Launch
Marketing strategy
Sales process
Our venture studio process follows four deliberate stages. First, we identify a market opportunity through research and direct customer discovery, validating that the problem is real and that buyers will pay to solve it. Second, we assemble the right team by pairing domain experts who understand the industry with technical talent who can build the product. Third, we move into product development, leveraging shared technical resources and our in-house design and UX capabilities to build quickly without sacrificing quality. Finally, we execute the go-to-market launch with a proven marketing strategy and structured sales process, drawing on playbooks refined across more than a dozen previous company launches. Each stage has clear exit criteria—we do not advance until the evidence supports moving forward. We identify market opportunities through:
  • Market research and analysis
  • Industry expertise and networks
  • Customer discovery
  • Trend analysis
I spend a significant portion of my time talking to operators and founders across our network, listening for recurring frustrations. The best startup ideas rarely come from brainstorming sessions—they come from patterns you notice after hearing the same complaint from the fifteenth person. Neuronify, our AI-native analytics platform, started as a conversation thread with three different CTO friends who were all struggling with the same data pipeline problem. We build teams with:
  • Founders with domain expertise
  • Technical talent
  • Operational capabilities
  • Market knowledge
Finding the right founder or co-founder is the single most important decision we make. For some companies, like AppDeck, we recruit externally through our co-founder opportunities program. For others, the founding team emerges organically from our network. What we never do is force a founder into a company they are not passionate about. The studio model gives us the luxury of patience—we can hold an opportunity in development until the right person appears, rather than rushing to fill a seat. We support product development with:
  • Technical resources
  • Design and UX capabilities
  • Product management
  • Engineering support
Our shared technology platform accelerates every new build. When MeetingTango, our meeting productivity tool, entered development, the team did not start from zero. They inherited authentication, user management, and analytics infrastructure that had been battle-tested across multiple prior launches. That head start let them focus entirely on the unique meeting intelligence features that would differentiate the product. We help companies launch with:
  • Marketing strategy and execution
  • Sales process development
  • Customer acquisition
  • Partnership development
We have refined our go-to-market playbooks over 15 years and more than a dozen launches. Each new company benefits from templated sales processes, proven content marketing frameworks, and a network of early adopters who trust us enough to try something new. Globalify, our global delivery network and resource hub, acquired its first paying customers through warm introductions from our existing portfolio company relationships—no cold outbound required. Our portfolio includes companies across different stages:
  • Concept/Pre-MVP: Early-stage ideas being validated
  • MVP: Products in development or early launch
  • Active: Companies with traction and revenue
  • Informational: Resources and tools for the ecosystem
This stage diversity is intentional. At any given time, we have companies generating revenue that fund operations, growth-stage companies consuming resources, and early-stage experiments that may become the next breakout. The portfolio acts as its own ecosystem—HealthPioneer and PersonalHealthCoach share domain research, while StartupProject and StartupLouisville serve as community-building resources that feed deal flow back into the studio. Deep understanding of the markets we operate in. After 25 years building technology companies, I have developed pattern recognition that helps us avoid dead ends and move toward opportunities with genuine tailwinds. Ability to execute, not just invest. This is the fundamental difference between a venture studio and a venture fund. We do not sit on boards and offer advice—we build products, close deals, and solve problems alongside our founders. Making capital go further through operational support. Every shared service, reusable component, and templated process saves money and time. Over the life of the studio, these efficiencies compound dramatically. Leveraging relationships and networks across the portfolio. Our relationship with organizations like YPO, Poplar Ventures, and Venture First means our portfolio companies get access to customers, advisors, and capital sources that would take a standalone startup years to cultivate. Challenge: Balancing support across multiple companies. Solution: We use a systematic prioritization framework. Companies at inflection points—approaching product-market fit, closing a major partnership, or preparing for a fundraise—get concentrated attention. Companies in steady execution mode operate more independently. The key is honest assessment of where studio involvement has the highest marginal impact. Challenge: Finding founders who can execute. Solution: Extensive network and careful evaluation process. We have learned to prioritize founders who are comfortable with ambiguity and who genuinely want an operational partner, not just a check. Some great founders prefer full autonomy—and that is fine, but the studio model is not the right fit for them. Challenge: Identifying the right opportunities at the right time. Solution: Continuous market monitoring and trend analysis. We maintain a rolling pipeline of opportunity hypotheses and validate them continuously. Some sit in the pipeline for years before conditions are right. Patience is a competitive advantage that most standalone founders cannot afford. The venture studio model is gaining traction as entrepreneurs and investors recognize its advantages. I expect to see more studios emerge, particularly in specialized verticals where domain expertise creates a durable edge. At Scalable Ventures, we are doubling down on AI-powered B2B SaaS—an area where our operational experience and technical infrastructure compound most powerfully. The next decade will see studios become as common as accelerators were in the 2010s, and the best ones will be defined not by how many companies they launch but by how efficiently they turn ideas into sustainable businesses. The venture studio model offers a unique approach to building companies. By combining capital with operational support, we can build companies more efficiently and with higher success rates than traditional approaches. Over 15 years at Scalable Ventures, I have seen this model turn raw market insights into real businesses with real customers—repeatedly and with increasing efficiency. The compounding knowledge, shared infrastructure, and operational muscle of a studio create advantages that no amount of venture capital alone can replicate. To understand what we look for in founders, see Investing in the Next Generation of Founders. For scaling guidance, check out our B2B SaaS Scaling Playbook. If you're interested in the venture studio model:

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