/Investor DB

Armory Square Ventures

Venture capital

Syracuse · Seed–Series A · 27 people tracked

Also known as ARMORY SQUARE VENTURES MANAGER, LLC

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Josh Kipnisunlockedknows Preston DeGarmo · together at Bleacher Report (overlapped)
knows the team · via Clover Health
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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 Sep 29, 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
37
Acquisitions
1

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 37 portfolio companies

SaaS ×15AI & Machine Learning ×11Enterprise Software ×7Marketing Tech ×4Sales Tech ×4Deep Tech ×3E-commerce ×3Fintech ×3

HQs:United States×20South Africa×1

Investments · 37 tracked

founders shown can be your intro path

By year:2026 · 32025 · 12023 · 42022 · 12020 · 12017 · 22014 · 113 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)inPierre Drescher(Executive Officer, Promoter)

Board seatSomak Chattopadhyay· per SEC Form D

Co-investorsBullpen CapitalFemale FoundersGolden SeedsLaunchCapitalRiverPark VenturesTechstars+6 more

Fabric Healthfabrichealth.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)inAiden Feng(COO)inDerek Rockwell(CTO)inJillian Moulton(Chief People Officer)inStefan Behrens(Chief Strategy Officer)in

Board seatSomak Chattopadhyay· per SEC Form D

Co-investorsAtento CapitalBoxGroupJanuary VenturesLaerdal Million Lives FundUpVentures Capital

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-investorsTitletownTechCultivation 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 StartsCore CapitalNew Enterprise Associates (NEA)

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 ChainMarketplacesBuffalo, US

Joseph S. Neiman(Executive Officer, Director, Promoter)John Louis Greco(Executive Officer, Director)Daniel K. Magnuszewski(Executive Officer, Director)George Chamoun(Chief Executive Officer)in

Co-investorsAkkadian VenturesBain Capital VenturesBessemer Venture PartnersHomebrewTribeca Venture PartnersUpVentures Capital

Besty AIgetbesty.aiinJul 2026

Besty is a platform that combines AI, guest experience management, and property operations tools for vacation rental managers.

AI & Machine LearningFuture of WorkPropTechSaaS

Sam Dundas(Founder)inAarlo(Founder)

Co-investorsAIX VenturesBungalow CapitalGrand VenturesAlchemist AcceleratorRidge Ventures

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 TechEnterprise SoftwareQuantum ComputingSaaSBear, US

Rut Lineswala(Executive Officer, Director)inJash Kumar Minocha(Executive Officer)Abhishek Chopra(Founder)in

BoardRoger Krakoff(Director)inVijay Sethi(Director)

Co-investorsAlumni VenturesArka Venture LabsEMERGENT VENTURESMonta Vista CapitalPrana Tech VenturesTranspose Platform Management+2 more

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)inAlissa Seidman(CFO)inLen Zheleznyak(Chief Scientific Officer)inWayne Knox(Chief Research Officer)Alexandra Latypova(Executive Officer, Director, Promoter)

BoardDavid Williams(Director)

Co-investorsSafar PartnersCapTableTopmark PartnersUpVentures 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)inSimon Shaddock(Co-founder)in

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

Herettoheretto.comin𝕏Jan 2023 · $17M

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+2 more

Motivehqmotivehq.comin

Motive is a platform focused on improving the car shopping experience.

AI & Machine LearningDirect to ConsumerE-commerceMarketing TechMarketplacesSaaS

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)in

Co-investorsHBS Angels of BostonService Provider CapitalWalnut 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)inThomas Johnson(Co-Founder & CTO)

Co-investorsAlumni VenturesBowery CapitalOkapi Venture CapitalAbstract VenturesAndreessen HorowitzBenchmark+10 more

Nebexnebex.com

Nebex operates an exchange platform for the global space economy, providing standardized infrastructure that connects demand, supply, and capital for multilateral space commerce.

B2B MarketplacesDeep TechFintechSpace Tech

Co-investorsAIN VenturesBetter Tomorrow VenturesEniac VenturesGV (Google Ventures)Multiball CapitalTrajectory Capital Partners+1 more

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)inDeSean Prentice(VP of Engineering / Co-Founder)in

Co-investorsDebut CapitalElevate VenturesRally Ventures Management, LlcService Provider CapitalSixty8 CapitalTechstars+5 more

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-investorsAlumni VenturesAmerican Family VenturesMTECH CAPITALWestlake Village BioPartners

Storyslabstoryslab.com𝕏Apr 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

Thoughtlythoughtly.netin𝕏

Thoughtly builds CRM-driven AI voice agents that call sales leads and follow up across SMS, email, iMessage, and WhatsApp until contact is made, writing call notes and deal stages back to CRMs like Salesforce and HubSpot.

AI & Machine LearningEnterprise SoftwareSaaSSales TechNew York, US

Torrey Leonard(Founder)in

Co-investorsAfore CapitalConvergeExpansion Venture CapitalNVP CapitalNewark Venture Partners

Tigatiga.aiin

Tiga AI builds data-driven go-to-market solutions powered by AI, serving B2B sales and marketing teams.

AI & Machine LearningMarketing TechSaaSSales Tech

Andre(Founder and CEO)Mike(Founder and CTO)Michael(Founder and VP of Software Engineering)

Co-investorsLong Way VenturesCascade Seed Fund

Vengovengolabs.comin

Digital out-of-home advertising and next generation retail network (Exited 2019)

Long Island City, US

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

BoardJens Molbak(Director)

Co-investorsColle Capital PartnersElizabeth Street VenturesGotham Gal VenturesGrace Beauty CapitalNYU Innovation Venture FundScout Ventures+5 more

Zencentivzencentiv.com𝕏

Zencentiv provides a sales incentive platform designed to manage sales compensation at scale, handling commission design, processing, compliance, and seller visibility for revenue teams.

Enterprise SoftwareHR TechSaaSSales TechHayward, US

Aleksandr Kulik(Executive Officer, Director)Tom Rogers(CEO & CRO)inOxana Jurosevic(CPO)inAlex Kulik(President & COO)inAlexander Gaputin(CTO)Jaspal Bhamra(Chief Architect & Head of AI)

Co-investorsStartupNV

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Jorsek, Inc.Next Bloom IncAdapt NAgronomic TechnologyBqp Bosonq PsiGood UncleMotiveTiretutorUcmVariabl

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.

Exits · 1

1 acquisitions

Agronomic Technologyacq. by Yara International ASA

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 Ventures2023——0.75x0.00x
Armory Square Ventures II, LPLPs: Empire State Development – New York Ventures2019——0.64x0.12x

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 37 tracked investments, 1 of which have exited, including 4 dated in the last 24 months.
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.
Who does Armory Square Ventures co-invest with?
Armory Square Ventures most often shares deals with UpVentures Capital, Akkadian Ventures, Bessemer Venture Partners, among 20 tracked co-investors.

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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