Wit Capital, based in New York, focuses on investing in startups in the B2C and Internet industries. The firm typically invests in rounds with five participants and has invested in companies such as WHI Solution and MaterialNet.com. Wit Capital has a higher than average number of lead investments and is more likely to commit exits compared to other companies. Through its investment banking affiliate, Wit SoundView, the firm provides investment banking services to issuers and access to internet and technology offerings for individual investors.