The Lambda Funds is a venture capital firm in New York that specializes in niche market investments. Founded 1979 in New York, United States, this venture capital firm invests in late stage ventures. Its portfolio companies include CardiaLen, DFMSim, SkillSurvey, and Hyperformix. As of February 2020, the Lambda Funds has made six investments. Their most recent investment was on Mar 26, 2015, when CardiaLen raised $1.5M. The Lambda Funds has had one exit, which was Hyperformix.
The company invests venture capital in companies that dominate a niche market. A niche market is a sector of the economy, around only $500 million to $1 billion in size.