Constellation
Actively deployingSan Francisco
Also known as Constellation Capital Management Llc
Fund manager profile
Constellation is a venture fund manager based in San Francisco. SEC filings show 1 venture fund on record, most recently Constellation Fund I, LP ($10M offering) filed August 2025.
Source: SEC EDGAR Form D filings. Firm website data not yet available.
What they invest in
from 5 of 5 portfolio companiesSaaS Γ3AI & Machine Learning Γ2Climate Tech Γ2Advanced Manufacturing Γ1B2B Marketplaces Γ1Cleantech Γ1Data & Infrastructure Γ1Digital Health Γ1
HQs:United StatesΓ3
Investments Β· 5 tracked
founders shown can be your intro pathAdaptive is an AI-native healthcare provider that delivers home health services by combining artificial intelligence-driven operations with in-home clinicians to improve patient outcomes and reduce hospital readmissions.
AI & Machine LearningDigital HealthHealthtech
Co-investorsBain Capital VenturesFelicis VenturesBoxGroupConvictionOptum Ventures
Advanced ManufacturingPflugerville, US
Amin Bahari(Cofounder)Amir Bahari(Cofounder)
Co-investorsSiddhi CapitalTechstarsCapital Factory
LevelTen Energy operates a platform that connects renewable energy developers with customers and market participants, facilitating project visibility and deal-making in the renewable energy sector.
B2B MarketplacesCleantechClimate TechEnergySaaSSeattle, US
Bryce Smith(Executive Officer, Director)Smith Bryce(Executive Officer, Director)William Thomas(Executive Officer)
BoardDavid Cohen(Director)inKarly Wentz(Director)inGreg Lyons(Director)
Co-investorsAster CapitalB Capital GroupB4 CapitalConstellation Technology VenturesPrelude VenturesTechstars+1 more
Measurabl is a sustainability data platform for real estate organizations that enables measurement, management, and reporting of environmental performance across buildings and properties.
Climate TechData & InfrastructurePropTechSaaSSan Diego, US
Matt Ellis(Founder)inLance Onken(Founder)Maureen(CEO)Waters Maureen(Executive Officer)
BoardLindsay Luger(Director)inLiza Benson(Director)in
Co-investorsBroadscaleBuilding VenturesCamber CreekConstellation Technology VenturesCrosscut VenturesEnergy Impact Partners+6 more
Town offers AI-powered personal assistants ("Townies") that automate work tasks like email management, scheduling, research, and routine workflows for knowledge workers.
AI & Machine LearningEnterprise SoftwareSaaS
Tony Vincent(Founder)in
Co-investorsAndreessen HorowitzJetstreamMischiefPosition VenturesAlt CapitalBain Capital Ventures+6 more
Portfolio news
latest coverage across their companiesAdaptive Innovations Β· coverager.com Β· Jun 6, 2026
Town Β· finsmes.com Β· Jun 4, 2026
Fund performance Β· per public LP disclosures Β· 3
as of Jun 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Constellation Venture Capital IIILPs: New York City Police Pension Fund | 2007 | β | -1.8% | 0.87x | 0.87x |
| Constellation Venture Capital III, L.P.LPs: New York City Employees' Retirement System, New York City Police Pension Fund, New York City Fire Department Pension Fund | 2007 | β | -1.8% | 0.87x | 0.87x |
| Constellation Ventures III, L.P.LPs: Teachers' Retirement System of the City of New York | 2007 | β | -1.8% | 0.87x | 0.00x |
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
- Where is Constellation located?
- Constellation is headquartered in San Francisco, US.


