Fundraising Fox

Convective Capital

Venture capital

San Francisco · Seed–Series A · 6 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 25, 2026.

Stage
Seed–Series A
HQ
San Francisco, California, US
Leads rounds
Follows
Instruments
Equity
Founded
2022
Last 12 months
3 investments
AUM
$35M
VC funds
2
Tracked investments
25

Team · 6 people

from the firm's website & public directories

Founder mafia

3 people who came through Convective Capital went on to found or lead other companies.

What they invest in

from 24 of 25 portfolio companies

AI & Machine Learning ×14Climate Tech ×13Cleantech ×6Energy ×6SaaS ×6Advanced Manufacturing ×5Hardware ×5Robotics ×5

HQs:United States×17Netherlands×1Portugal×1

Who they back

founder profiles across 13 portfolio companies
62%
solo founders
8 of 13 mapped founding teams
71%
repeat founders
of 17 founders with career history

Founding team size:solo founder×82 founders×23 founders×24+ founders×1

Where their founders studiedfrom 15 founders with education data

Stanford University ×3University of Washington ×3Jones College Prep ×2University of California, Berkeley ×2University of Pennsylvania ×2

Where their founders worked beforefrom 17 founders with career history

Hubble Network ×2SpaceX ×2Stanford Student Space Initiative ×2

Accelerator rootsportfolio companies that came through a program

Y Combinator ×4

Investments · 25 tracked

founders shown can be your intro path

By year:2026 · 22025 · 12024 · 12023 · 15 dated

Lumber Manufactory Inc.Sep 2025SEC 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

Co-investorsAcies InvestmentsAloft VCAlta PartnersAmity VenturesArtis VenturesAsymmetric Capital Partners+21 more

Blumenblumensystems.com

Co-investorsHumba VenturesFirst Star VenturesOverture Climate

BurnBotburnbot.comin𝕏Feb 2024

BurnBot builds purpose-built, remotely controlled machines and services for wildfire mitigation, fuels management, vegetation control, and timber operations.

CleantechClimate TechHardwareRoboticsSouth San Francisco, US

Waleed Haddad(Executive Officer, Director)

BoardAnukool Lakhina(Executive Officer, Director)in

Co-investorsAmerican Family VenturesDBL PartnersDCVC (Data Collective)Ecosystem Integrity FundHAWKTAILLOWERCARBON+8 more

Delosgetdelos.comin

Delos is a managing general agent (MGA) that uses wildfire science and AI-based risk models to underwrite and offer homeowners insurance policies in areas of high wildfire risk, and provides homeowners with personalized home-hardening advice.

AI & Machine LearningClimate TechInsurTech

Kevin Stein(CEO)

Co-investorsAvanta VenturesBlue Bear Capital PartnersChaos Venturesfutureland venturesSeraphim SpaceIA Capital Group

Drafteddrafted.aiin𝕏Jun 2026 · $17.5M

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

Co-investorsStarship VenturesY CombinatorBuckley Ventures Management Company Llc

Draftedjoindrafted.cominJun 2026 · $17.5M

AI & Machine LearningHR TechSaaSMiami, US

Co-investorsTechstarsStarship VenturesY Combinator

Edgetry-edge.com

Edge AI is an analytics platform that lets users query complex commodity data in natural language, model scenarios, and stress test market conditions to surface trade insights.

AI & Machine LearningFintechSaaSNew York City, US

Shihab Malik(Founder)

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

Co-investorsAiSprouts VCAnorak VenturesFifty YearsHAWKTAILLOWERCARBONLowercarbon Capital+7 more

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

Co-investorsMarin Digital VenturesRpm Ventures Iii Management, L.L.C.Y CombinatorEarthshot VenturesRPM VenturesSeraph Group+1 more

Instinct Environmentalinstinctenvironmental.comin

Instinct Environmental makes the ASU (Automated Surveying Unit), an automated acoustic monitoring device that listens for over 6,500 target species, identifies them on-device and reports detections over satellite within 30 minutes — replacing the manual site visits and after-the-fact audio review that wildlife surveying normally requires.

AI & Machine LearningCleantechClimate TechDeep TechHardwareImpact & Social GoodIoTHillsboro, US

TREVOR BACHAND(Executive Officer)ASHWIN DATTA(Executive Officer, Director)

Co-investorsTechstarsAlbionVCElevate Capital

More on Fire Asidefireaside.comin

Fire Aside provides wildfire resilience software for fire professionals, fire agencies, fire safe councils, and homeowners' associations, with tools for defensible space evaluations, vegetation removal coordination, grant funding, and resident communications.

Climate TechGovTechSaaS

Co-investorsMSIV

Overstory20tree.aiin𝕏Oct 2023

20tree.ai (operating as Overstory) provides AI-powered vegetation intelligence for electric utilities, combining satellite and aerial imagery with local asset data to optimize vegetation management programs.

AI & Machine LearningCleantechClimate TechEnergyEnterprise SoftwareInsurTechAmsterdam, NL

Co-investorsTechstarsB CapitalBentley iTwin VenturesCapitalTEnergy Impact PartnersMoxxie Ventures+3 more

Overstoryoverstory.comin

Overstory provides AI-driven vegetation intelligence for electric utilities, combining satellite and aerial imagery with local data like asset locations and wildfire maps to help them prioritize and plan vegetation management work.

AI & Machine LearningClimate TechEnergyLisbon, PT

Indra den Bakker(Co-founder)inFiona Spruill(CEO)inDoug Perrygo(CFO)Tamara Mendelsohn(COO)Brian Lafayette(VP of Product & Strategy)Peternille Dekker(Head of People)

Co-investorsB Capital GroupB4 CapitalElewitEnergy Impact PartnersMoxxie VenturesOverwater Ventures Llc+7 more

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 SoftwareMedia & EntertainmentCambridge, US

Co-investorsAthletic VenturesCerity Partners VenturesCongruent VenturesGiant Ventures Global LlpJanuary VenturesMassMutual Ventures+4 more

Piq Energypiqenergy.comin

Piq offers solutions to help connect projects to the electrical grid faster.

CleantechEnergy

Co-investorsNew Climate VenturesActive Impact InvestmentsASCENT ENERGY VENTURESCLAI VenturesUmami Capital

rain-logo-v2rain.aeroin𝕏

Rain develops wildfire mission autonomy systems that adapt military and civil autonomous aircraft to detect, understand, and suppress wildfires.

AI & Machine LearningClimate TechRobotics

Co-investorsAzolla VenturesHAWKTAILVoLo Earth Ventures

Rhizomerhizomedata.comin𝕏

Rhizome provides a software platform that helps electric utilities model climate threats across decades, identify asset vulnerabilities, and build cost-benefit analyses to justify grid resilience investments to regulators.

CleantechClimate TechSaaS

Co-investorsEl Cap EquityJetstream

Senecaseneca.com

Seneca builds an autonomous, rapid-response fire suppression drone system combining hardware, software, and AI, allowing a single pilot to control multiple craft that detect, target, and suppress wildfires and hot spots.

AI & Machine LearningClimate TechRobotics

Stu

Co-investorsGood FriendsNextView Ventures

Standstandinsurance.com

Stand uses physics-based simulation, satellite imagery, and field inspection to model per-property natural-peril risk (wildfire, wind, hail, water, and earthquake) and translates it into insurance coverage.

AI & Machine LearningClimate TechInsurTech

Dan Preston(Founder)in

Co-investorsEqual VenturesFinancial Venture StudioFjor FoundersInspired CapitalNeotribe VenturesRestive Ventures+1 more

The Lumber Manufactorylumbermanufactory.comin

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

Advanced ManufacturingAgTechCleantechConstruction Tech

Andrew Arsht(Founder)in

Co-investorsCantos VenturesHumba VenturesLevel VenturesRavelin CapitalSlow Ventures

Treeswifttreeswift.com

Treeswift develops physical AI using robotics and machine learning to assist field crews with grid inspection, vegetation management, and asset documentation.

AI & Machine LearningEnergyRoboticsPhiladelphia, US

Elizabeth Hunter(Executive Officer, Director, Promoter)inSteven Chen(Executive Officer, Director, Promoter)inMichael Shomin(Executive Officer, Director, Promoter)in

Co-investorsContour Venture PartnersCrosslink CapitalDorm RoomHumba VenturesInspired CapitalPathbreaker Ventures+8 more

Voltairvoltairlabs.comin

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

Co-investorsY Combinator

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 TechPalo Alto, US

John Dean(Founder)inKai Marshland(Founder)inANDREY SUSHKO(Director)JOHN DEAN(Director)KAI MARSHLAND(Director)

BoardNIKHIL BASU TRIVEDI(Director)

Co-investorsFootworkHarvest Venture PartnersHumba VenturesJetstreamKhosla VenturesUbiquity Ventures

XBuildx.build

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

AI & Machine LearningConstruction TechSaaSSan Francisco, US

Jahan Khanna(Founder)

Co-investorsAndreessen HorowitzNext47Rackhouse Venture Management Lp

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

Frequently asked questions

How many investments has Convective Capital made?
Convective Capital has 23 tracked investments, including 1 dated in the last 24 months.
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.
Who does Convective Capital co-invest with?
Convective Capital most often shares deals with Humba Ventures, Y Combinator, Inspired Capital, among 97 tracked co-investors.

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

The best way to launch your startup

Y Combinator · Kat Mañalac

How to launch (again and again)

Y Combinator · Kat Mañalac

On starting and scaling construction startup PlanGrid

Y Combinator · Kat Mañalac

How to Start a Startup: Diversity and inclusion at early stage startups

Y Combinator · Kat Mañalac

Images

Convective Capital photoConvective Capital photo

Co-investors · 49

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.

$220K
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.

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

Khosla Ventures is a venture capital firm that invests in early-stage companies focused on technology, mobile, and clean energy sectors, including biotechnology applications. The firm provides capital and strategic support to entrepreneurs developing breakthrough technologies across multiple markets.

Both backed · 1
$5K – $50M
Susa Ventures

Susa Ventures operates two early-stage technology funds that invest in companies leveraging data, network effects, and economies of scale.

Both backed · 1
$1M – $5M
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
Chemistry

Chemistry is an early-stage venture capital firm founded by investors with backgrounds at Bessemer, a16z, and Index, focused on backing founders from the earliest stages.

Both backed · 1
Moxxie Ventures

Moxxie Ventures is an early-stage venture capital firm that invests in companies focused on improving aspects of daily life and the workplace.

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

Energy Impact Partners is an investment firm that connects entrepreneurs with major corporate partners to help drive the transformation of 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 (Google Ventures) is a venture capital firm that has invested in artificial intelligence and machine learning since its early days, building a global portfolio of more than 100 AI companies across infrastructure, life sciences, and applications.

$250K – $50M
Founders Fund

Founders Fund is a venture capital firm that backs technology companies building transformative products.

$500K – $5M
37 more co-investors

Lightspeed Venture PartnersAccelFounder CollectiveBenchmarkEverywhere VenturesCRV (Charles River Ventures)Goat CapitalPioneerC2 InvestmentsLux CapitalHeadlineLookout VenturesScale Venture PartnersAfore CapitalResolute VenturesTodd and Rahul’s Angel FundSoma CapitalBase10 PartnersGustoTwo Sigma VenturesVibe CapitalMatrixTribe Capital FirstlookBetter Tomorrow VenturesShrug CapitalCommerce VenturesContraryWormhole 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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