Fundraising Fox

Armory Square Ventures

Venture capital

Syracuse · Seed–Series A · 27 people tracked

Also known as Armory Square Ventures ACV · ARMORY SQUARE VENTURES MANAGER, LLC · Armory Square Ventures NYS SSBCI · Armory Square Ventures UCM

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Investment thesis

Armory Square Ventures backs ambitious B2B SaaS founders reimagining traditional industries, with a focus on emerging tech hubs beyond the major coastal capitals. The firm leads Seed and Series A rounds and positions itself as a hands-on partner from a company's first check through to becoming a category leader, drawing on its own operating experience building companies. It favors contrarian founders who identify opportunities where others see limits, and highlights a portfolio that has attracted over $1B in follow-on funding along with multiple exits, including a unicorn.

Invests inEnterprise SoftwareSaaSSector AgnosticUnited States

Source: firm website, verified Aug 25, 2026.

Stage
Seed–Series A
Check
$500K – $2M
HQ
Syracuse, New York, US
Leads rounds
Leads
Instruments
Equity
Founded
2014
Last 12 months
3 investments
AUM
$100M
VC funds
4
Tracked investments
40

Team · 27 people

from the firm's website & public directories
Deena Chalabi· Brand Advisorin
Eric Allyn· Venture Advisorin
Jin Kwon· Analystin
Pete Petrella· Venture Advisorin
Richy Petrina· Advisory Boardin

What they invest in

from 23 of 40 portfolio companies

SaaS ×14AI & Machine Learning ×12Enterprise Software ×4E-commerce ×3Fintech ×3Marketing Tech ×3Sales Tech ×3B2B Marketplaces ×2

HQs:United States×18South Africa×1

Investments · 40 tracked

founders shown can be your intro path

By year:2026 · 32025 · 12023 · 32022 · 12020 · 12017 · 22014 · 112 dated

BentoBoxgetbento.cominJun 2017

BentoBox provides restaurant marketing and commerce solutions, now integrated into the Clover POS ecosystem.

Marketing TechMarketplacesSaaSNew York City, US

Krystle Mobayeni(Executive Officer, Director, Promoter)Pierre Drescher(Executive Officer, Promoter)

Board seatSomak Chattopadhyay· per SEC Form D

Co-investorsBullpen CapitalFemale FoundersLaunchCapitalRiverPark VenturesTechstarsThreshold Ventures+6 more

Jorsek, Inc.Dec 2022SEC filingmedium confidence

Rochester, US

Patrick Bosek(Executive Officer, Director, Promoter)Casey Jordan(Executive Officer, Director, Promoter)

Board seatSomak Chattopadhyay· per SEC Form D · $17M raise · filed Dec 2022

Co-investorsGreycroft

Next Bloom IncMar 2026SEC filingmedium confidence

New York, US

Aarlo Stone Fish(Executive Officer, Director)

Board seatSomak Chattopadhyay· per SEC Form D · $3.7M raise · filed Mar 2026

PromptPathpromptpath.aiinMar 2026SEC filingmedium confidence

PromptPath enables automotive dealerships to master customer conversations through real-time prompts and AI-powered coaching across phone, showroom, and in-person interactions, automatically capturing and summarizing conversations into CRM systems.

AI & Machine LearningEnterprise SoftwareSaaSAustin, US

Max Steckler(Executive Officer, Director)Amit Maheshwari(Executive Officer, Director)

BoardZack Freed(Director)in

Board seatSomak Chattopadhyay· per SEC Form D · $13M raise · filed Mar 2026

Co-investorsAutomotive Ventures MobilityFraser McCombs Capital

Shelfmarkshelfmark.cominAug 2023 · $3.5M

Shelfmark provides AI-based visual inspection systems that detect, predict, and prevent defects in continuously manufactured "web-based" rolled goods such as textiles, webbings, labels, films, trusses, and coil coatings.

Advanced ManufacturingAI & Machine LearningHardwarePittsburgh, US

Patrick O'Donnell(Executive Officer, Director, Promoter)PatinCraig Markovitz(Executive Officer, Director)in

Board seatAnthony Santaro· per SEC Form D

Co-investorsTitletownTech

Ucmdigitalhealthucmdigitalhealth.comin𝕏May 2023

Fabric builds healthcare technology that unifies virtual and in-person care across intake, triage, routing, and treatment while automating clinical and administrative workflows for staff.

AI & Machine LearningDigital HealthHealthtechSaaSTroy, US

Keith Algozzine(Executive Officer, Director)Aniq Rahman(Founder & CEO)Aiden Feng(COO)Derek Rockwell(CTO)Jillian Moulton(Chief People Officer)Stefan Behrens(Chief Strategy Officer)

Board seatSomak Chattopadhyay· per SEC Form D

Co-investorsLaerdal Million Lives FundUpVentures Capital

Vizbeevizbee.tvinDec 2017

Vizbee provides universal casting technology and lets media companies launch branded, high-performance TV apps across platforms such as FireTV, Roku, Samsung, LG, Vizio, AndroidTV, and Xbox.

AdTechMedia & EntertainmentSaaSNew York, US

Mark Levine(Director)Darren Feher(Executive Officer, Director)Prashanth Pappu(Director)Jeremy Legg(Director)

Board seatSomak Chattopadhyay· per SEC Form D

Co-investorsCerity Partners VenturesKinetic Ventures, L.L.C.Social Starts

8B8b.africain𝕏

8B Education Investments operates a financing platform that funds African students pursuing higher education, connecting borrowers with lending products.

EdTechFintechImpact & Social Good

Lydiah Kemunto Bosire(Founder & CEO)inBill Hubert(President)inBrian Attridge(COO)in

ACVacvauctions.comin𝕏

ACV Auctions operates an automotive marketplace and product suite that enables business partners in the used vehicle industry to manage their operations and transactions.

E-commerceLogistics & Supply ChainMarketplaces

Co-investorsAkkadian VenturesBessemer Venture PartnersUpVentures Capital

Adapt Nadapt-n.com

Co-investorsBetter Food Ventures

Agronomic TechnologySep 2014

New York, US

James Burgum(Director)Steven Sibulkin(Executive Officer, Director)Gregory Levow(Executive Officer, Director)Zachary J. Shulman(Director)

Anagramanagram.aiin𝕏Jul 2026 · $30M

Anagram provides an AI-powered Site Agent platform that helps e-commerce brands answer customer questions, recommend products, and guide purchasing decisions in real-time.

AI & Machine LearningE-commerceRetail Tech

Austin Winfield(Founder)inBryce DeFigueiredo(Founder)in

Co-investorsForward Venture CapitalKickstartNextView VenturesThe MBA Fund2048 VenturesAIN Ventures+7 more

Besty AIgetbesty.aiin

Besty is an AI property management platform for short-term rental and hospitality operators, offering workflow and SOP builders, automated guest messaging, an upselling engine, a unified inbox, direct booking widget, VoIP, owner inbox, and SmartLock/IoT integrations.

AI & Machine LearningPropTechSaaS

Co-investorsAIX VenturesBungalow CapitalGrand Ventures

Bqpbqp.tech
BQPbqpsim.comin𝕏Jul 2025 · $5M

BosonQ Psi (BQP) develops BQPhy, a simulation software that integrates quantum computing with high-fidelity engineering simulations such as computational fluid dynamics.

AI & Machine LearningDeep TechQuantum ComputingSaaS

Abhishek Chopra(Founder)

Co-investorsArka Venture LabsEMERGENT VENTURESPrana Tech VenturesTranspose Platform ManagementAlumni VenturesARC VENTURES+1 more

Bqp Bosonq Psi
Clerio Visioncleriovision.comin

Clerio Vision is a development-stage medical device company developing LIRIC, a femtosecond laser technology that changes the refractive index of lens materials or corneal tissue without cutting or removing tissue.

BiotechDeep TechHealthtechMedical DevicesRochester, US

Alex Zapesochny(CEO)Alissa Seidman(CFO)Len Zheleznyak(Chief Scientific Officer)Wayne Knox(Chief Research Officer)Alexandra Latypova(Executive Officer, Director, Promoter)

BoardDavid Williams(Director)

Co-investorsSafar PartnersCapTableUpVentures Capital

Compylcompyl.comin𝕏

Compyl provides an integrated governance, risk, and compliance (GRC) platform designed to replace fragmented point solutions for managing security and compliance.

CybersecurityEnterprise SoftwareSaaS

Stas Bojoukha(Co-founder)Simon Shaddock(Co-founder)

Co-investorsContour Venture PartnersNVP CapitalVenture Guides Management, L.P.Newark Venture Partners

Good Unclegooduncle.com
Herettoheretto.comin𝕏

Heretto is a cloud-based, DITA-powered content operations platform with a component content management system (CCMS), Deploy API, and portal tools that let enterprises create, distribute, and personalize product documentation and self-service help sites.

AI & Machine LearningEnterprise SoftwareMarketing TechSaaSRochester, US

Co-investorsFlow Capital

Machinery Partnermachinerypartner.comin𝕏

Machinery Partner facilitates the sourcing, financing, and management of heavy equipment for business customers.

B2B MarketplacesFintechBoston, US

Co-investorsBantam GroupOne Way VenturesPJCSNAK Venture PartnersTechstarsZelkova Ventures+1 more

Motive
Motivehqmotivehq.comin

Motive builds websites and web tools for car dealerships, offering AI-powered chat, content generation, SEO, search, and commerce features such as trade-in tools, payment estimates, and pre-qualification.

AI & Machine LearningMarketing TechSaaS

Moxie Scrubsmoxiescrubs.com

Moxie Scrubs designs and sells scrubs and medical apparel inspired by nurses, offering products such as scrub tops, pants, and jackets for nursing and healthcare professionals.

ConsumerDirect to ConsumerE-commerceBoston, US

Alicia Tulsee(Founder & CEO)

Co-investorsHBS Angels of BostonWalnut Venture Associates

Multiplayermultiplayer.appin𝕏

Multiplayer is a developer tool that runs locally alongside AI coding agents to automate the debugging loop—detecting, triaging, deduplicating, and fixing bugs across development, testing, QA, and production.

AI & Machine LearningData & InfrastructureDeveloper ToolsSaaS

Steph Johnson(Co-Founder & CEO)Thomas Johnson(Co-Founder & CTO)

Co-investorsBowery CapitalAbstract VenturesSequoia Capital

Nebexnebex.com

Nebex operates a platform (the Nebra Exchange) that connects buyers, suppliers, and capital for space capability transactions, targeting sovereign nations, space companies, and institutional investors.

B2B MarketplacesFintechSpace Tech

Co-investorsAIN VenturesBetter Tomorrow VenturesEniac VenturesMultiball Capital2048 VenturesGV (Google Ventures)

Qualifiqualifi.hrinMay 2023 · $4.5M

Qualifi is a hiring platform that lets recruiters send pre-recorded, voice-based automated phone screens and collect on-demand candidate responses, with follow-up scheduling built in.

Future of WorkHR TechSaaSNoblesville, US

Darrian Mikell(CEO / Co-Founder)inDevyn Mikell(COO / Co-Founder)DeSean Prentice(VP of Engineering / Co-Founder)

Co-investorsDebut CapitalElevate VenturesRally Ventures Management, LlcSixty8 CapitalTechstarsCorrelation Ventures+4 more

Qualifiqualifi.com
Qumisqumis.aiin𝕏

Qumis provides an AI platform built for insurance coverage attorneys and law firms that analyzes complex insurance policies and programs, producing cited, confidence-scored comparisons, checklists, opinions, and client-ready deliverables.

AI & Machine LearningInsurTechLegalTechChicago, US

Shivam Sinha(Executive Officer, Director)Dan Schuleman(Executive Officer, Director)

BoardBrian McLoughlin(Director)inNeenah Jain(Director)in

Co-investorsAmerican Family VenturesMTECH CAPITAL

Storyslabstoryslab.comin𝕏Apr 2020

StorySlab is a sales enablement technology provider serving enterprise customers across multiple industries.

Enterprise SoftwareSaaSSales TechSyracuse, US

Hans C. Fuller(Executive Officer, Director)

Co-investorsTIA Ventures

The
thoughtlythoughtly.comin𝕏

Thoughtly provides CRM-driven AI voice agents that call, text, and follow up with sales leads across SMS, email, and WhatsApp until they respond.

AI & Machine LearningSaaSSales Tech

Co-investorsConvergeNVP CapitalNewark Venture Partners

Tigatiga.aiin

Tiga offers an AI "Revenue Teammate" that works within Slack or Teams to autonomously execute go-to-market tasks such as researching buying signals, building and enriching target lists, updating CRM records, and generating personalized outreach.

AI & Machine LearningSaaSSales Tech

Co-investorsLong Way VenturesCascade Seed Fund

Tiga Ai
Tiretutortiretutor.ai
Ucm
Variabl
Vengovengolabs.comin

Long Island City, US

Brian Shimmerlik(Executive Officer, Director)Steven Felsher(Director)Dan Gay(Director)David olk(Director)

BoardJens Molbak(Director)

Co-investorsColle Capital PartnersElizabeth Street VenturesGrace Beauty CapitalScout VenturesScout VenturesUpstage Ventures+3 more

Zencentivzencentiv.comin𝕏

Hayward, US

Aleksandr Kulik(Executive Officer, Director)

BoardJeff Saling(Director)Steve Carbone(Director)

Co-investorsStartupNV

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Portfolio news

latest coverage across their companies

Fund performance · per public LP disclosures · 2

as of Mar 2025
FundVintageCommittedNet IRRTVPIDPI
Armory Square Ventures III, LPLPs: Empire State Development – New York Ventures20230.75x0.00x
Armory Square Ventures II, LPLPs: Empire State Development – New York Ventures20190.64x0.12x

Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).

Frequently asked questions

How many investments has Armory Square Ventures made?
Armory Square Ventures has 11 tracked investments.
What stage does Armory Square Ventures invest at?
Armory Square Ventures invests at the Seed, Series A stages.
What is Armory Square Ventures's typical check size?
Armory Square Ventures typically writes checks of $500K – $2M.
What sectors does Armory Square Ventures focus on?
Armory Square Ventures focuses on Enterprise Software, SaaS, Sector Agnostic.
Where is Armory Square Ventures located?
Armory Square Ventures is headquartered in Syracuse, US.
Does Armory Square Ventures lead rounds?
Yes, Armory Square Ventures leads investment rounds.

From the blog

visit blog ↗

Armory Square Ventures has published insights on investing in vertical AI software, founder decision-making, and startup operations. The firm emphasizes backing context-rich B2B software addressing specific verticals over commoditized frontier models, and highlights how founders compound operational risk through deferred difficult decisions on hiring and technology choices. AI summary

Media · Podcasts & interviews

featuring the team

Investor Connect - 782 - Somak Chattopadhyay & Anthony Santaro of Armory Square Ventures

Hall Martin · Somak Chattopadhyay

S8 Bonus: Somak Chattopadhyay, Armory Square Ventures

Code Story: Insights from Startup Tech Leaders · Somak Chattopadhyay

Images

Armory Square Ventures photoArmory Square Ventures photo

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