Fundraising Fox

Convective Capital

Venture capital

San Francisco · Seed–Series A · 8 people tracked

Also known as CONVECTIVE CAPITAL MANAGEMENT, LLC

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Investment thesis

Convective invests in resilience — the systems that keep the world running and protect against disasters, with a particular emphasis on wildfire and physical-world risk management. It backs hardware, software and financial services companies serving hard markets such as utilities, insurance carriers, forestry services, land management, fire departments and state and federal agencies. These markets are large but face an existential crisis and present unique challenges most investors avoid. Convective differentiates through Updraft, a 10,000+ person resilience network that has generated over $100M in revenue for its portfolio companies, and through convening events like the Red Sky Summit that connect founders with the institutions responsible for deploying new solutions.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Series A
HQ
San Francisco, California, US
Leads rounds
Follows
Instruments
Equity
Founded
2022
AUM
$35M
VC funds
2
Tracked investments
24

Team · 8 people

from the firm's website & public directories
Anukool Lakhina· Partnerin𝕏

What they invest in

from 13 of 24 portfolio companies

Advanced Manufacturing ×5AI & Machine Learning ×5Climate Tech ×5Hardware ×4Cleantech ×3Construction Tech ×3Deep Tech ×3Energy ×3

HQs:United States×9

Investments · 24 tracked

founders shown can be your intro path
Lumber Manufactory Inc.SEC filingmedium confidence

Advanced ManufacturingWashington, US

Michael Grasso IV(Executive Officer, Director)Michael Parker(Executive Officer, Director)Andrew Arsht(Executive Officer, Director)

Board seatWilliam D. ClericoWilliam Clerico· per SEC Form D · $35M raise · filed Sep 2025

Ark PESarkpes.com

Ark provides a customizable digital platform for venture capital and private equity firms to manage investor communications, performance reporting, and document sharing with their limited partners.

Enterprise SoftwareFintechSaaS

Blumenblumensystems.com
BurnBotburnbot.comin𝕏

CleantechSouth San Francisco, US

Waleed Haddad(Executive Officer, Director)Anukool Lakhina(Executive Officer, Director)

Delosgetdelos.comin
Drafteddrafted.aiin𝕏

Drafted.ai is an AI-powered platform for generating architectural floor plans, 3D models, renders, and CAD/BIM exports.

AI & Machine LearningConstruction TechConsumerPropTechSan Francisco, US

Nicholas Donahue(Founder)in

Edgetry-edge.com
Gridwaregridware.ioin𝕏

Gridware provides real-time monitoring and visibility of electrical grid conditions through sensors deployed on power lines, enabling utilities and line workers to detect and respond to problems faster.

Advanced ManufacturingClimate TechEnergyEnterprise SoftwareHardwareIoTSan Francisco, US

Tim Barat(Founder)inOmar B(Founder)inHall Chen(Co-Founder & CTO)in

Hubble Networkhubble.comin𝕏

Hubble has created a Bluetooth connection to space and is building a global, battery-efficient, and cost-effective network using satellite technology.

Advanced ManufacturingDeveloper ToolsHardwareIoTSpace TechLas Vegas, US

Alex Haro(Founder)inBen Wild(Founder)in

Instinctinstinctenvironmental.comin

Instinct manufactures ASU (Autonomous Sensor Units) for natural resource protection and management.

CleantechClimate TechDeep TechHardwareImpact & Social GoodIoTHillsboro, US

Overstoryoverstory.comin

Overstory provides AI-powered vegetation intelligence using satellite and aerial imagery to help electric utilities optimize vegetation management programs and reduce infrastructure risk from trees and encroachment.

AI & Machine LearningClimate TechEnergy

Fiona Spruill(CEO)inIndra den Bakker(Founder)in

Pano
Pano AIpano.aiin𝕏

Pano develops artificial intelligence and machine learning technology solutions to help utility companies and fire agencies detect and manage wildfire threats.

AI & Machine LearningClimate TechDefense TechEnterprise Software

Piq Energypiqenergy.comin
Rhizomerhizomedata.comin𝕏
Senecaseneca.com
Standstandinsurance.com
The Lumber Manufactorylumbermanufactory.com

TLM builds and operates a network of regional sawmills that process timber and strengthen the domestic lumber supply chain.

Advanced ManufacturingAgTechCleantechConstruction Tech

Treeswifttreeswift.com

Philadelphia, US

Elizabeth Hunter(Executive Officer, Director, Promoter)Steven Chen(Executive Officer, Director, Promoter)Michael Shomin(Executive Officer, Director, Promoter)

Voltairvoltairlabs.comin𝕏

Voltair Labs develops autonomous aircraft equipped with visual, thermal, and LiDAR sensors for inspecting and monitoring utility infrastructure, including power lines and substations.

Advanced ManufacturingDeep TechEnergyHardwareRoboticsSan Francisco, US

Ronan Nopp(Founder)inHayden Gosch(Founder)inAvi Gotskind(Founder)inWarren Weissbluth(Founder)in

WindBornewindbornesystems.comin𝕏

Windborne Systems collects atmospheric data using long-duration balloons and applies AI models to produce weather forecasts for business applications.

AI & Machine LearningClimate TechDeep Tech

XBuildx.build

X.build provides AI-powered estimation and proposal generation software for contractor sales teams.

AI & Machine LearningConstruction TechSaaS

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.

Frequently asked questions

What stage does Convective Capital invest at?
Convective Capital invests at the Seed, Series A stages.
What sectors does Convective Capital focus on?
Convective Capital focuses on Advanced Manufacturing, Cleantech, Climate Tech, Energy, Fintech, GovTech, Hardware, Impact & Social Good, InsurTech, Logistics & Supply Chain.
Where is Convective Capital located?
Convective Capital is headquartered in San Francisco, US.
Does Convective Capital lead rounds?
Convective Capital typically participates in rounds rather than leading them.

Media · Podcasts & interviews

featuring the team

Momentum investing in VC + Convective Capital’s Bill Clerico | E1627

This Week in Startups · Bill Clerico

No Priors Ep. 98 | With Convective Capital Founder Bill Clerico

No Priors: AI, Machine Learning, Tech, & Startups · Bill Clerico

Images

Convective Capital photoConvective Capital photo

Co-investors · 49

Jetstream

Jetstream is a San Francisco-based venture fund run by Tommy Leep that backs startups at the pre-seed stage. It emphasizes quick decisions and helps portfolio founders with customer introductions, strategy, and raising follow-on rounds through its community of founders and investors. Its investments include companies in areas such as disaster recovery, fintech, health, and EV charging.

Both backed · 2
WindBorneRhizome
Sequoia Capital

Sequoia Capital is a venture capital firm that partners with founders to build technology companies, with a strong current focus on artificial intelligence.

Both backed · 1
$4.4M – $214M
Khosla Ventures

Khosla Ventures is a venture capital firm known for backing bold, contrarian bets in world-class teams that can reshape entire industries.

Both backed · 1
$5K – $50M
Techstars

Techstars is a startup accelerator and early-stage investor that funds ambitious founders and provides capital, mentorship, and access to a global network of investors, operators, and corporate partners.

Both backed · 1
$220K
Buckley Ventures Management Company Llc

Buckley Ventures is a venture capital firm that makes concentrated early-stage investments in internet, software, and frontier technology companies.

Both backed · 1
$300K
Moxxie Ventures

Moxxie Ventures is an early-stage venture firm backing founders building software and smart systems that address meaningful problems, investing at the pre-seed and seed stages.

Both backed · 1
$500K – $2M
Energy Impact Partners

Energy Impact Partners is an investment firm that connects entrepreneurs with major corporates to help transform the global economy toward a more sustainable future.

Both backed · 1
$5M – $20M
Ravelin Capital

Ravelin Capital is an early-stage technology investment firm focused on critical industries.

Both backed · 1
GV (Google Ventures)

GV (formerly Google Ventures) is a venture investment firm that backs founders across many industries, aiming to build long-term relationships and support companies across multiple stages and milestones.

$250K – $50M
Founders Fund

Founders Fund is a venture capital firm that invests in companies building transformative technologies across defense, space, data analytics, and other frontier sectors.

$500K – $5M
Lightspeed Venture Partners

Lightspeed Venture Partners is a global venture capital firm known for backing AI and technology founders, emphasizing deep, hands-on partnerships with the companies it funds.

$1.7M – $87M
Accel

Accel is a venture capital firm that partners with exceptional founding teams, positioning itself as a first partner to startups globally.

$1.6M – $70M
37 more co-investors

Founder CollectiveBenchmarkEverywhere VenturesCRV (Charles River Ventures)Susa VenturesGoat CapitalPioneerC2 InvestmentsLux CapitalHeadlineLookout VenturesScale Venture PartnersAfore CapitalResolute VenturesTodd and Rahul’s Angel FundSoma CapitalBase10 PartnersGustoTwo Sigma VenturesVibe CapitalMatrixTribe Capital FirstlookChemistryBetter Tomorrow VenturesShrug CapitalCommerce VenturesContrary CapitalWormhole CapitalHuman CapitalInvariantes FundJLL SparkPowerhouseRabbit VenturesConnecticut InnovationsData TechStarframeUnderline Ventures

Firms observed investing alongside Convective Capital, from public investor directories. Shared companies are the overlap with Convective Capital's recorded portfolio.

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