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Armory Square Ventures

Venture capital

Syracuse · Seed–Series A · 31 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.

Source: firm website, verified Aug 3, 2026.

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

Team · 31 people

from the firm's website & public directories
Alfonso Aguila· Investorin
Deena Chalabi· Brand Advisorin
Eric Allyn· Venture Advisorin
Jin Kwon· Analyst
Pete Petrella· Venture Advisorin
Richy Petrina· Advisory Boardin
Steve Felsher· Advisory Partner

What they invest in

from 16 of 40 portfolio companies

SaaS ×8AI & Machine Learning ×5Enterprise Software ×4Healthtech ×3Marketing Tech ×2Marketplaces ×2Advanced Manufacturing ×1B2B Marketplaces ×1

HQs:United States×16South Africa×1

Investments · 40 tracked

founders shown can be your intro path
BentoBoxgetbento.comin

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

Jorsek, Inc.SEC 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

Next Bloom IncSEC 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.aiinSEC 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)Zack Freed(Director)Somak Chattopadhyay(Director)Amit Maheshwari(Executive Officer, Director)

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

Shelfmarkshelfmark.cominSEC filingmedium confidence

Shelfmark provides AI computer vision technology to manufacturers to deliver real-time operational insights.

Advanced ManufacturingAI & Machine LearningPittsburgh, US

Patrick O'Donnell(Executive Officer, Director, Promoter)Craig Markovitz(Executive Officer, Director)Anthony Santaro(Director)Pat

Board seatAnthony Santaro· per SEC Form D · $1.3M raise · filed Jul 2026

UCM Digital Health, Inc.SEC filingmedium confidence

HealthtechTroy, US

Somak Chattopadhyay(Director)Keith Algozzine(Executive Officer, Director)Michael Bibighaus(Executive Officer, Director)Richard Hirsh(Executive Officer)Narayan Iyengar(Director)

Board seatSomak Chattopadhyay· per SEC Form D · $3.1M raise · filed May 2023

Vizbeevizbee.tvin

Vizbee provides universal casting and cross-device streaming technology for media companies, enabling branded TV apps with features like casting, sign-in continuity, and mobile-to-TV search across major platforms including Fire TV, Roku, and Samsung TV.

Media & EntertainmentSaaSNew York, US

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

Board seatSomak Chattopadhyay· per SEC Form D

8B8b.africain𝕏

8b.africa provides services and tools to help African students access funding and opportunities to study abroad, removing barriers based on parental wealth or luck of scholarship selection.

EdTech

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

Adapt Nadapt-n.com
Agronomic Technology
Besty AIgetbesty.ai
Bqpbqp.tech
Bqp Bosonq Psi
Clerio Vision

BiotechRochester, US

J. Mikael Totterman(Executive Officer, Promoter)David Williams(Director)Alex Zapesochny(Executive Officer, Director, Promoter)Alexandra Latypova(Executive Officer, Director, Promoter)Brian Model(Director)Arunas Chesonis(Director)

clero 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.

Deep TechHealthtechMedical DevicesRochester, US

J. Mikael Totterman(Chairman)Alex Zapesochny(CEO)Alissa Seidman(CFO)Len Zheleznyak(Chief Scientific Officer)Wayne Knox(Chief Research Officer)

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)

Good Unclegooduncle.com
Herettoheretto.comin𝕏

Heretto provides a component content management system (CCMS) and content operations platform for technical documentation teams, supporting DITA XML structured authoring, content reuse, version control, and real-time collaboration.

AI & Machine LearningEnterprise SoftwareSaaS

Machinery Partnermachinerypartner.comin

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

B2B MarketplacesFintechBoston, US

Motive
Motivehqmotivehq.com

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
Multiplayermultiplayer.appin𝕏
Nebexnebex.com
Qualifiqualifi.hrin

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)Devyn Mikell(COO / Co-Founder)DeSean Prentice(VP of Engineering / Co-Founder)

Qualifiqualifi.com
Qumisqumis.aiin

Chicago, US

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

BoardBrian McLoughlin(Director)Neenah Jain(Director)

Squarefootsquarefoot.com
Storyslabstoryslab.comin𝕏

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

Enterprise SoftwareSaaSSales TechSyracuse, US

Hans C. Fuller(Executive Officer, Director)

The
thoughtlythoughtly.comin𝕏
Tigatiga.aiin
Tiga Ai
Tiretutortiretutor.ai
Ucm
Ucmdigitalhealthucmdigitalhealth.comin𝕏

Fabric provides an end-to-end care access platform and virtual care services, combining conversational AI with physician-built clinical logic to handle digital intake, triage, routing, hybrid synchronous/asynchronous care, clinical automation, and patient engagement.

AI & Machine LearningDigital HealthHealthtech

Variabl
Vengovengolabs.comin

Long Island City, US

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

Zencentivin𝕏

Hayward, US

Aleksandr Kulik(Executive Officer, Director)

BoardJeff Saling(Director)Steve Carbone(Director)

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.

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

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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