/Investor DB

Costanoa Ventures

Venture capitalActively deployingoperating company · company profile

San Francisco · Pre-Seed–Series B · 28 people tracked

Also known as Costanoa Venture · COSTANOA VENTURE CAPITAL MANAGEMENT, LLC

Find your way into Costanoa Ventures

Sign up to see every warm intro you have to Costanoa Ventures

  • Paths you didn't know you had: your email and LinkedIn already hold routes to the Costanoa Ventures team. We find them for you
  • 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
  • Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone

Days of research, done the moment you sign in, with every route ranked by how warm it is.

✨ Fox Verdict
Sign up to see your fit

Investment thesis

Costanoa Ventures is an early-stage venture firm that partners with a small number of founders tackling big, hard problems. The firm emphasizes a long-term view on partnership, drawing on decades of operational experience to help founders reach their potential from the earliest days through major milestones. Costanoa positions itself as a deeply engaged, committed partner that supports founders through wins, challenges, and breakthroughs. Its portfolio and testimonials center on enterprise software, fintech, AI, and healthcare companies, reflecting a focus on building enduring, technology-driven businesses.

Source: firm website, verified Oct 13, 2026.

Stage
Pre-Seed–Series B
Check
$500K – $8M
HQ
San Francisco, California, US
Leads rounds
Leads
Instruments
Equity
Founded
2012
Last 12 months
17 investments
AUM
$2.8B
VC funds
12
Tracked investments
144
Unicorns
5
Acquisitions
12

Team · 28 people

from the firm's website & public directories
Greg Sands· Founder & Managing Partnerin𝕏

Greg Sands is the Founder and Managing Partner of Costanoa Ventures. He was previously a Managing Director at Sutter Hill Ventures, where he invested in early-stage enterprise software startups, and earlier served as the first product manager at Netscape Communications (where he wrote the initial business plan and coined the company's name) and as a business development manager at Cisco. His focus areas include national security, AI and data infrastructure, and cybersecurity.

David Cheng· General Partnerin𝕏

David Cheng is a General Partner at Costanoa Ventures whose investing focus spans AI applications, fintech, and healthcare. He previously worked at DCM, where he rose from Associate to become the youngest partner in the firm's history and was named to Forbes 30 Under 30 in Venture in 2019, and later co-founded Coreline Ventures. He holds an MBA from Wharton and a BA from NYU.

Jim Wilson· Partnerin𝕏

Jim Wilson is a Partner at Costanoa Ventures focused on founder sales and go-to-market strategy, helping portfolio companies develop sales strategy and build sales teams. He was previously VP of Worldwide Sales at Sumo Logic and SVP Sales at NICE Systems, where he managed the integration of Merced Systems, and earlier ran sales at Merced Systems while holding executive roles at Microsoft, Groove Networks, Inktomi, and Parametric Technology. He draws on 25 years of experience across technology industries.

Martina Lauchengco· Partnerin𝕏

Martina Lauchengco is a Partner at Costanoa Ventures focused on marketing and product go-to-market. She spent over 30 years as a marketing and product executive at Microsoft, Netscape/AOL, and Loudcloud, and wrote the book LOVED: How to Rethink Marketing for Tech Products. She teaches marketing and product in UC Berkeley's Masters in Engineering program and through SVPG workshops, and holds MA and BA degrees from Stanford University.

Michelle McHargue· Partnerin𝕏

Michelle McHargue is a Partner focused on People & Talent at Costanoa Ventures, where she works with early-stage companies. She previously served as Talent Partner at Cowboy Ventures, leading talent-sourcing efforts across the firm and its portfolio, and has spent over a decade recruiting and building talent teams for Bay Area tech companies including Google, Adobe, and Yahoo.

Tony Liu· Partnerin𝕏

Tony Liu is a Partner at Costanoa Ventures focused on AI, data, and developer infrastructure founders at early stages. His career spans data and AI roles: he worked as an ML engineer on search ranking at Amazon, built Turo's first ID fraud model as the basis of its risk platform, and led product for Workspace at Databricks. He holds a BS/MS from Stanford.

Andy Huang· Finance Managerin

Andy Huang is Finance Manager at Costanoa Ventures. He previously served as assistant controller at Shasta Ventures, handling financial operations including tax and financial reporting, and worked at Symphony Asset Management, a fixed-income hedge fund. He began his career at KPMG's Bay Area asset management audit practice, serving hedge fund and venture capital clients for five years.

Arpie Kawmongkolsi· Executive Assistantin

Arpie Kawmongkolsi is an Executive Assistant at Costanoa Ventures. Before joining the firm, she worked for four years as an Administrative Assistant at Icon Ventures, supporting the investment team and handling event coordination. She attended UC Santa Barbara.

Katy Wiley· Director of Talentin

Katy Wiley is Director of Talent at Costanoa Ventures, where she works with early-stage founding teams to identify hiring needs and source and close candidates. She was previously a Senior Corporate Recruiter at Toptal and spent four years as a Sr. Technical Recruiter at a boutique staffing agency. She is a graduate of The Ohio State University.

Nancy Katz· Investorin

Nancy Katz is a Partner at Costanoa Ventures focused on investor relations and marketing. She previously co-founded the American Infrastructure Funds, where she led investor relations, fundraising, marketing, and communications and served on the Investment Committee, and earlier held investor relations roles at McCown De Leeuw (private equity), RREEF (institutional real estate), and Modulaire. She was also the first CEO of Net Impact, an international association of business students, and is a Rockefeller Fellow.

Pamela Magie· Director of Operationsin

Pamela Magie is Director of Operations at Costanoa Ventures, where she was the firm's second employee, overseeing operations, facilities, and IT. She has extensive administrative, facilities, and IT experience across early-stage teams and corporate enterprises, and previously worked at Sutter Hill Ventures, Symantec, Veritas, Affinia, and SurfWatch Software.

Ren Crosby· Platform & Operations Managerin

Ren Crosby is the Platform & Operations Manager at Costanoa Ventures, focused on operations and community events. Prior roles include leading sales and events at Costanoa Resort, managing office operations at Telmate, over a decade at The Ritz-Carlton, and providing operational support at a private family office.

Sean Cai· Investorin

Sean Cai is an early-stage investor at Costanoa Ventures focused on applied AI. He previously served as Head of Investments for New York at General Catalyst Venture Fellows and worked at Hummingbird Ventures, and earlier held roles as a Canaan venture fellow and Emergent Ventures grantee while working on 360 videoconferencing. He studied Economics and Information Science at Cornell and has operator experience dating back to his teens.

Taylor Bernal· Director of Marketing & Platformin

Taylor Bernal is Director of Marketing & Platform at Costanoa Ventures, where she supports portfolio founders on brand narrative, storytelling, and founder events. She previously worked on Sequoia Capital's marketing team and spent nearly six years at fintech startup NerdWallet, which she joined as an early PR/marketing hire. She studied anthropology in college.

Amy Cheetham· Partnerin𝕏

Costanoa's lead investor on the Tensec deal.

John Cowgill· Partnerin𝕏

John Cowgill is a Partner at Costanoa Ventures who has worked in venture capital since 2016, following an earlier career in tech startups and consulting. After joining Costanoa, he built out the firm's cybersecurity practice and has partnered with one to two cybersecurity companies per year, typically at or near formation. His current investment interests include applied AI, agent-native incident response and recovery, and permission and governance for AI.

Mark Selcow· Partnerin𝕏

Mark Selcow is a Partner at Costanoa Ventures who spent 17 years as an operator before moving into investing. He co-founded and served as President of two companies: BabyCenter, an online parenting resource acquired by Johnson and Johnson in 2001, and Merced Systems, a performance management software provider for customer service functions acquired by NICE Systems in 2012. He focuses on fintech, applied AI in vertical software, and healthcare AI.

Michael Parker· Associate
Mike Albang· CFOin

Mike Albang is the CFO at Costanoa Ventures, where he develops and oversees firm and fund financial operations and supports legal, compliance, and investment-related functions. He previously worked as a Senior Manager at Standish, a startup consulting firm serving venture capital and private equity firms, and as a Senior Associate at PwC working with hedge fund managers. He is a CPA and Chartered Financial Analyst with about two decades of experience in venture finance.

Nicole Seah· Investorin

Nicole Seah is an early-stage investor at Costanoa Ventures focused on healthcare, fintech, and vertical AI. Before Costanoa she was a management consultant at McKinsey & Company, working on go-to-market and growth strategy across healthcare and retail. She studied behavioral economics at Wharton, writes a blog on technology and culture, and researches human values in AI.

Aman Naimat· Investment Team
Casey Aylward· Investment Teamin𝕏

Early-stage investor focused on AI, cloud/SaaS and security.

Chris Gramling· MBA Fellow
Jared Franklin· Investorin𝕏

Jared Franklin, a seed investor with 15+ years in fintech and crypto product roles (PayPal, BlockFi), runs a decade-old blog of detailed fintech/crypto theses and keeps an active angel portfolio.

Jeremy Hermann· Investment Team
Madison Hawkinson· Investment Team𝕏

Madison Hawkinson, a data scientist‑turned‑VC, treats investing as a data‑science experiment using A/B testing to evaluate markets and founders, combining Responsible AI leadership at Facebook with winery ownership.

Nathan Guan
Rachel Quon· Investment Team

Founder mafia

6 people who came through Costanoa Ventures went on to found or lead other companies.

What they invest in

from 121 of 144 portfolio companies

AI & Machine Learning ×63Enterprise Software ×50SaaS ×46Data & Infrastructure ×31Developer Tools ×26Cybersecurity ×25Fintech ×25Cloud Computing ×12

HQs:United States×85Brazil×3Canada×2Colombia×1Germany×1Egypt×1

Who they back

founder profiles across 10 portfolio companies
30%
solo founders
3 of 10 mapped founding teams
27%
repeat founders
of 15 founders with career history

Founding team size:solo founder×32 founders×23 founders×14+ founders×4

Where their founders studiedfrom 14 founders with education data

University of Colorado Boulder - Leeds School of Business ×2

What their founders studiedfrom 13 founders with field-of-study data

Business & Management ×3Computer Science ×3Finance & Accounting ×2Humanities ×2Law ×2Politics & Policy ×2

Where their founders worked beforefrom 15 founders with career history

VictorOps ×4CrowdStrike ×2Fastpoint Games ×2Google ×2Vannevar ×2

Investments · 144 tracked

founders shown can be your intro path

By year:2026 · 142025 · 172024 · 102023 · 112022 · 72021 · 172020 · 92019 · 82018 · 62017 · 12016 · 32015 · 3108 dated

Cadanacadanapay.comin𝕏✓ verified

Cadana provides compensation infrastructure that lets companies offer branded global payroll, real-time payouts, and tax automation across more than 100 countries via white-label or API integration.

ConsumerData & InfrastructureFintechFuture of WorkHR TechSaaSNew York City, US

Albert Owusu-Asare(Co-founder & CEO)inAmeer Shujjah(Co-founder & President)inRabia Sheikhin

Co-investors500 GlobalBetter Tomorrow Ventures

Tennasystennasys.comin✓ verified

Tenna develops software that ensures spectrum integrity and resilience for connected and autonomous systems, addressing signal reliability in an increasingly autonomous world.

CybersecurityDeep TechDefense TechSaaS

Co-investorsfresh.fundViola Ventures

Tipandcuetipandcue.com✓ verified

Tenna delivers real-time spectrum intelligence for defense and autonomous systems operators by detecting, classifying, and geolocating radio frequency interference using AI-powered analysis of global sensor data.

AI & Machine LearningCloud ComputingCybersecurityData & InfrastructureDeep TechDefense TechSaaS

Co-investorsfresh.fundViola VenturesCoalition

Aquabyteaquabyte.aiDec 2021 · $25M

Aquabyte develops an AI-powered platform combining computer vision and machine learning to monitor fish health, welfare, behavior, and biomass for aquaculture farms at sea and on land.

AgTechAI & Machine LearningIoTNorway, NO

Bryton Shang(Founder)

Board seatGreg Sands· per SEC Form D

Co-investorsAlliance VCAlliance VentureAlumni VenturesGraphene VenturesStruck CapitalWesterly Winds+4 more

Auterionauterion.comSep 2025 · $130M

Auterion develops products and services around open standards for autonomous systems technology, contributing to open source projects and supporting academic institutions.

AI & Machine LearningDeep TechDefense TechDeveloper ToolsRoboticsArlington, US

LORENZ MEIER(Executive Officer, Director)inLorenz Meier(Co-Founder & CEO)inROBERT RAINHART(Executive Officer)inKevin Sartori(Founder)Rob Rainhart(COO / US CEO)

BoardALEX FERRARA(Director)in

Board seatGreg Sands· per SEC Form D

Co-investorsArmada Investment AGBessemer Venture PartnersIn-Q-TelMosaic VenturesTectonic VenturesWestern Technology Investment+1 more

Directlydirectly.comFeb 2015

Directly provides on-demand customer service solutions that help organizations handle customer inquiries across channels including phone, messaging, email, and website.

AI & Machine LearningEnterprise SoftwareSaaSSan Francisco, US

Antony Brydon(Executive Officer, Director)Jeff Patterson(Executive Officer, Director)

Board seatGreg Sands· per SEC Form D

Co-investorsFamily Angel Management FundM12 (Microsoft's Venture Fund)Triangle Peak PartnersVARSHA RAOCostanoa Venture CapitalToba Capital+2 more

Empirical Securityempiricalsecurity.cominSeed · Jul 2026 · $12M

Empirical Security builds data-driven models for vulnerability exposure management that predict which CVEs are likely to be exploited in a given organization's environment.

AI & Machine LearningCybersecuritySaaSChicago, US

Edward Bellis(Executive Officer, Director)Michael Roytman(Director)inJason Jacobs(Executive Officer)Stephen Ward(Director)

Board seatJohn Cowgill· per SEC Form D

Co-investorsSixty Degree CapitalHyde Park AngelsInner Loop CapitalInsight Partners

Fossafossa.comin𝕏Sep 2019 · $8.5M

FOSSA provides audit-grade open source license compliance software that scans codebases with full-text analysis to detect licenses, enforce policies, and automatically generate attribution documents.

AI & Machine LearningCybersecurityDeveloper ToolsLegalTechSaaSSan Francisco, US

Kevin Wang(Founder)in

Board seatJohn Cowgill· per SEC Form D

Co-investorsBain Capital VenturesCanvas VenturesMetaplanetModern TechnicalNorwest Venture PartnersUncorrelated Ventures+4 more

Guardian Analyticsguardiananalytics.comAug 2016SEC filingmedium confidence

Guardian Analytics provides an AI-powered platform that unifies fraud prevention and anti-money laundering (AML) compliance for financial institutions.

AI & Machine LearningCybersecurityFintechMountain View, US

Laurent Pacalin(Executive Officer, Director)Hue Harguindeguy(Executive Officer)

BoardMatt Glickman(Director)Skip Glass(Director)Jim Simons(Director)

Board seatGreg Sands· per SEC Form D · $5.6M raise · filed Sep 2016

Co-investorsWestern Technology InvestmentFoundation CapitalSplit Rock PartnersSutter Hill Ventures

Highnotehighnote.comOct 2020

Highnote is a payments platform that lets companies launch and scale financial products including card issuing, acquiring, credit programs, money movement, and real-time ledgering from a single system.

Developer ToolsFintechSaaSSan Francisco, US

Nicola Morris(Executive Officer)inChris Muccioli(Founder)John MacIlwaine(Founder)John Macllwaine(Founder)Jordan Bradley(Founder)Kin Kee(Founder)

Board seatGreg Sands· per SEC Form D

Co-investorsOak HC/FTOmega Venture PartnersAdams Street PartnersAfore CapitalXYZ Venture Capital

Honahona.comin𝕏Series A · Apr 2024

Hona builds AI-powered case management software that automates client follow-ups and case tracking for law firms.

AI & Machine LearningEnterprise SoftwareLegalTechSaaSOrem, US

Josh Christensen(Founder)inMatt McClellan(Founder)inChristian Griffiths(Executive Officer, Director)Danielle J. Yoesep(Founder)inAdam Steinle(Founder)inDanielle Yoesep(Founder)in

Board seatAmy Cheetham· per SEC Form D

Co-investorsY CombinatorMaiora Rebel VenturesRebel FundSamsung NextSoma Capital1984 Ventures Management, Llc+6 more

Kukuikukui.comJan 2013SEC filingmedium confidence

KUKUI provides a custom marketing platform for auto repair shops that integrates with their point-of-sale systems to track ROI, new and returning customers, phone calls, appointment forms, and customer reviews.

Marketing TechMobility & TransportationSaaSSan Jose, US

Todd Dale Westerlund(Executive Officer)Kate Wilmot(Executive Officer, Director)Ryan Wilmot(Executive Officer, Director)

Board seatGreg Sands· per SEC Form D · $324K raise · filed Feb 2018

Leap Services, Inc.leapinc.cominFeb 2026SEC filingmedium confidence

Leap operates a platform that launches and manages retail stores for consumer brands, providing location selection, store design, operations management, and data analytics to reduce expansion risk and cost.

B2B MarketplacesRetail TechChicago, US

Jared Golden(Director)inAmish . Tolia(Executive Officer, Director)in

BoardRick Zullo(Director)in

Board seatJohn Cowgill· per SEC Form D · $15M raise · filed Mar 2026

Co-investorsDnx VenturesEqual VenturesHyde Park Venture PartnersMGV.VCThe Lab Private Equity Fund 2, LPWestern Technology Investment+1 more

Lively, Inc.livelyme.comin𝕏Series A · Oct 2018

Lively provides AI-powered customer service and support for the benefits administration industry, combining intelligent technology with human representatives to resolve employee and customer inquiries.

AI & Machine LearningEnterprise SoftwareFintechHealthtechHR TechSaaSSan Francisco, US

Alex Cyriac(CEO)inShobin Uralil(COO)inChris Williams(Head of Security)Jeffrey Lui(Vice President, Engineering)Jessica Pfistrerer(Director, People)Darren Adendorff(Talent Acquisition Manager)

Board seatMark Selcow· per SEC Form D

Co-investors515 VenturesAlly VenturesB Capital GroupB4 CapitalFifty YearsFundersClub+21 more

Muon Spacemuonspace.comin𝕏Seed · May 2022 · $10M

Muon Space designs, builds, and operates satellite constellations using its proprietary Halo technology stack, which integrates spacecraft platforms, payload integration, and software-defined orchestration to deliver data and enable real-time computation in space.

Deep TechHardwareSpace TechSilicon Valley, US

Jonny Dyer(Founder)inDaniel McCleese(Executive Officer, Director)Pascal Stang(Founder)inReuben Rohrschneider(Founder)inPaul Day(Founder)inDan McCleese(Founder)

Board seatJohn Cowgill· per SEC Form D

Co-investorsACME CapitalACTIVATE CAPITAL PARTNERSAir Street CapitalCarbonClimacticCongruent Ventures+12 more

Quizletquizlet.comOct 2015 · $20M

San Francisco, US

Andrew Sutherland(Founder)inJon Foster(Executive Officer)

BoardFred Wilson(Director)inDavid L. Margulius(Director, Promoter)Mark Selcow(Executive Officer, Director)in

Board seatGreg Sands· per SEC Form D

Co-investorsArcher Capital GroupArcher Venture CapitalGeneral AtlanticIcon VenturesMedici Capital PartnersOwl Ventures+3 more

Return Pathreturnpath.com𝕏Nov 2016

Return Path (now part of Validity) offers email deliverability tools that provide real-time inbox placement testing, sender reputation and authentication monitoring, blocklist alerts, and pre-send deliverability checks.

Data & InfrastructureMarketing TechSaaSNew York, US

Matthew Y. Blumberg(Executive Officer, Director)George Bilbrey(Founder)Anita Absey(Chief Revenue Officer)JOHN T. SINCLAIR(Chief Financial Officer)Lisa T. Mogensen(Executive Officer)Jack Sinclair(Founder)

Board seatGreg Sands· per SEC Form D

Co-investorsAnthem Venture Management, LlcFoundryGen CapitalSapphire VenturesUnion Square Ventures (USV)Vista Equity Partners+2 more

RunRevealrunreveal.comin𝕏Pre-Seed · Apr 2025 · $7M

RunReveal is a security operations platform that ingests, normalizes, enriches, and analyzes security logs, with AI-powered detection and response built in via native AI chat and a Model Context Protocol server.

AI & Machine LearningCybersecurityData & InfrastructureAustin, US

Alan Braithwaite(Founder)inEvan J Johnson(Founder)inEvan Johnson(Founder)

Board seatJohn Cowgill· per SEC Form D

Co-investorsModern TechnicalRuntime VenturesOkta Ventures

StackHawkstackhawk.comin𝕏Seed · Aug 2025 · $10M

StackHawk provides an API security tool designed for software development teams to identify and fix security vulnerabilities in real-time as part of their development workflow.

AI & Machine LearningCybersecurityDeveloper ToolsSaaSDenver, US

Joni Klippert(Founder)inScott Gerlach(Founder)inBryce Ambraziunas(Executive Officer)inRyan Severns(Founder)in

BoardDavid Hartwig(Director)in

Board seatGreg Sands· per SEC Form D

Co-investorsAlumni VenturesFlybridge Capital PartnersFoundryGaingelsMana VenturesMatchstick Ventures+3 more

Umbaumba.comin𝕏Series A · Apr 2022 · $15M

Umba is a digital bank for African consumers and small businesses that provides banking services, credit products, and payment solutions via mobile platforms.

FintechNairobi, KE

Barry O’Mahony(Founder)Barry O'Mahony(Founder)Tiernan Kennedy(Founder)Mark Selcow(Director)

Board seatMark Selcow· per SEC Form D

Co-investorsAct Venture CapitalACT Venture CapitalDunbar CapitalFrontline VenturesStreamlined VenturesTrueSight Ventures+9 more

Upcounselupcounsel.comin𝕏Mar 2018SEC filingmedium confidence

UpCounsel offers an online platform for businesses to work with lawyers, providing tools for team messaging, document storage and e-signature, time tracking, and invoicing and payment management for legal engagements.

LegalTechMarketplacesSaaSSan Francisco, US

Mason Blake(Executive Officer, Director, Promoter)inMatthew Faustman(Executive Officer, Director, Promoter)

BoardVenky Ganesan(Director)

Board seatMartina Lauchengco· per SEC Form D · $12M raise · filed Apr 2018

Co-investorsAngelPadCollaborative FundCota CapitalFundersClubHomebrewRunway Venture Partners+1 more

VictorOpsinOct 2015SEC filingmedium confidence

Boulder, US

Bryce Ambraziunas(Executive Officer)inTodd Vernon(Executive Officer, Director)in

BoardRyan McIntyre(Director)inJames M. Lejeal(Director)

Board seatGregory P. Sands· per SEC Form D · $14.6M raise · filed Nov 2015

Co-investorsCostanoa Venture CapitalCostanoa Venture Capital QZFoundryShea Ventures, LLC

AKASAakasa.cominMar 2021

AKASA provides generative AI solutions for healthcare revenue cycle management, helping health systems automate administrative workflows and reduce costs.

AI & Machine LearningEnterprise SoftwareHealthtech

Malinka Walaliyadde(Founder)inBen Beadle-Ryby(Chief Revenue Officer, Co-founder, and Board Member)inAndy Atwal(Founder)inVarun Ganapathi, Ph.D.(Co-founder and Advisor)Andrew Atwal(Founder)Benjamin Beadle-Ryby(Founder)

Co-investorsAndreessen HorowitzBond Capital ManagementCoatue ManagementFOG VenturesFounders Circle CapitalOlive Capital+3 more

Alationalation.comin𝕏

Alation builds a data catalog platform with machine learning and generative AI capabilities that helps enterprises find, understand, and trust their data.

AI & Machine LearningData & InfrastructureEnterprise SoftwareRedwood City, US

Satyen Sangani(Founder)inDr. Venky Ganti(Founder)Dr. Feng Niu(Founder)Aaron Kalb(Founder)inFeng Niu(Founder)Venky Ganti(Founder)

Co-investorsBloomberg BetaDCVC (Data Collective)Dell Technologies CapitalFoundation CapitalHarmony PartnersIcon Ventures+11 more

Ambient.aiambient.aiin𝕏Seed

Ambient.ai develops an AI-powered platform using computer vision to automate physical security monitoring and threat detection for enterprises.

AI & Machine LearningCybersecurityEnterprise SoftwareSan Francisco, US

Shikhar Shrestha(CEO)inVikesh Khanna(Founder)inVishakh Hegde(Applied Scientist)inRoland Abad(Head of Talent Acquisition)Rodaan Peralta-Rabang(Engineering Manager)Jeff Huisman(Head of Sales)

Co-investors515 VenturesAllegion VenturesAndreessen HorowitzCerity Partners VenturesLobby CapitalMonta Vista Capital+11 more

Amenliamenli.cominSeed

An online insurance broker operating in Egypt that sells insurance policies to customers significantly faster than traditional insurers.

FintechInsurTechCairo, EG

Shady El Tohfa(Founder)inAdham Nauman(Founder)inOmar Ezz El Din(Founder)

Co-investorsAlter GlobalEBRD Venture Capital Investment ProgrammeP1 VenturesY CombinatorANIM FundGlobal Founders Capital+1 more

AppOmniappomni.comin𝕏Apr 2021 · $40M

AppOmni provides SaaS Security Posture Management (SSPM) software that secures enterprise SaaS and AI-driven applications to prevent data breaches, using threat research and continuous monitoring.

AI & Machine LearningCybersecurityEnterprise SoftwareSaaSSan Francisco, US

Brian Soby(Founder)inBrendan O'Connor(Founder)inBridget Gleason(CRO and Chief Customer Officer)inTina Hawk(Chief People Officer)in

BoardAriel Tseitlin(Director)inPatrick Heim(Director)

Co-investorsCisco InvestmentsClearSkyInner Loop CapitalProsperity7 VenturesScale Venture PartnersSilicon Valley Data Capital+5 more

Apptimizeapptimize.comin𝕏Seed · Jul 2016acquired by Airship

Apptimize provided a mobile A/B testing and feature-flag platform that let product teams experiment, roll out features, and optimize app experiences across mobile, web, and OTT.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareMarketing TechSaaSSan Francisco, US

Nancy Hua(CEO)inJeremy Orlow(CTO)Lucas Baker(Data Scientist)inJeff DiTullioChris JoeMike Fenton

Co-investorsGV (Google Ventures)Merus CapitalStartXWestern Technology InvestmentXG VenturesY Combinator+8 more

Armoryarmory.ioin𝕏Seed · Oct 2020acquired by Harness · Jan 2024 · $7M

Armory provides continuous deployment software that helps development teams automate and manage application releases across their infrastructure at scale, with built-in safety and security controls.

Data & InfrastructureDeveloper ToolsEnterprise SoftwareSan Francisco, US

Isaac Mosquera(CTO)inBen Mappen(Chief Customer Officer)inDaniel R. Odio(Founder)Lonne Jaffe(Director)Phil Boyer(Director)Rashmi Gopinath(Director)

Co-investorsBase Venture Management, Inc.Crosslink CapitalGaingelsInsight PartnersJavelin Venture PartnersLumia Capital+26 more

Asertoaserto.comJun 2021

Aserto provides a fine-grained, resource-level authorization platform that developers integrate into applications via SDKs, middleware, and gRPC/REST APIs, with a central control plane and local authorizers for real-time access decisions.

Cloud ComputingCybersecurityDeveloper Tools

Co-investorsHeavybit

Assisassis.coinApr 2023 · $5M

Assis is an AI-powered agent platform that automates customer interactions and sales processes, qualifying leads, handling follow-ups, and conducting outreach across various customer lifecycle stages with integration into existing business systems.

AI & Machine LearningSaaSSales TechSão Paulo, BR

João Eduardo Bergamo(Founder)in

Co-investors1616 VenturesFJ LabsLatitud VenturesMAYA Capital VenturesNorte VenturesCanaan Partners+2 more

Assuredassured.comJun 2022

Assured builds an agentic AI platform for property & casualty (P&C) insurance claims, covering the end-to-end claims lifecycle from ingestion and orchestration to adjudication.

AI & Machine LearningEnterprise SoftwareInsurTechSaaSWellseley Hills, US

Afik Gal(Executive Officer, Director)Justin(Founder)inTheo Patt(Founder)inDavid Kahan(Executive Officer)Roee Nahir(Executive Officer, Director)Justin Lewis-Weber(Founder)

Co-investorsICONIQKleiner PerkinsMTECH CAPITALDCM VenturesFirst Round CapitalICONIQ Capital+2 more

Basiswearebasis.cominOct 2025 · $33M

Basis manufactures a smart switchboard (electrical panel) for residential homes that provides energy monitoring, cost savings, and electrical safety features including shock and fire protection.

CleantechHardwareIoTAuckland, NZ

Co-investorsGV (Google Ventures)Icehouse VenturesOutset VenturesAccelBessemer Venture PartnersKhosla Ventures+3 more

Basis Theorybasistheory.comin𝕏

Basis Theory provides a payment vault platform that tokenizes and routes payment data across payment service providers while maintaining PCI compliance.

Developer ToolsEnterprise SoftwareFintech

Ben Milne(Founder)Brian Billingsley(Founder)Colin Luce(Founder)

Co-investorsBessemer Venture PartnersBoxGroupConversion CapitalGood FriendsKindred VenturesMoneta VC

Bedrockbedrockocean.comin𝕏

Bedrock Ocean manufactures autonomous underwater vehicles (AUVs) and a cloud platform that collect high-resolution seafloor mapping and monitoring data for offshore energy, maritime infrastructure, defense, and scientific research sectors.

Data & InfrastructureDeep TechHardware

Anthony DiMare(Founder)Charles Chiau(Founder)

Co-investorsEniac VenturesGaingelsHarmony PartnersMana VenturesPrimary Venture PartnersKatapult Africa+2 more

BigEyebigeye.comin𝕏Seed · Sep 2021 · $4M

Bigeye is a data observability platform that monitors and improves the reliability of datasets and pipelines for data engineering teams.

AI & Machine LearningData & InfrastructureDeveloper ToolsEnterprise SoftwareDaly City, US

Kyle Kirwan(Founder)inEgor Gryaznov(Founder)in

Co-investors645 VenturesCoatue ManagementRackhouse Venture Management LpRogue CapitalSequoia CapitalIn-Q-Tel

BrightGobrightgo.comin𝕏Seed · Nov 2023 · $3M

BrightGo provides software tools for janitorial and cleaning services companies (BSCs) to automate work, track operations in real-time, and manage business complexity.

Enterprise SoftwareSaaSSan Bruno, US

Gerald Fong(Founder)inSaagar Deshpande(Founder)in

Co-investorsIndex Ventures

Bugcrowdbugcrowd.comin𝕏Feb 2024 · $102M

Bugcrowd runs a crowdsourced security platform that connects organizations with a community of ethical hackers to find and disclose vulnerabilities across their attack surface.

CybersecurityMarketplacesSaaSSan Francisco, US

Chris Raethke(Founder)inCasey Ellis(Founder)inSergei Belokamen(Founder)

BoardNeill Occhiogrosso(Director)Charles Beeler(Director)

Co-investorsBlackbird VenturesGeneral CatalystPaladin Capital GroupPartech VenturesRally Ventures Management, LlcSquare Peg Capital+1 more

Capecape.coin𝕏Apr 2024

Cape is a privacy-focused cellular service provider that offers secure mobile connectivity designed to protect subscriber data and privacy.

CybersecurityEnterprise SoftwareArlington, US

John Doyle(Founder)inGavin Uhma(Founder)Nicholas Espinoza(Founder)Nick Espinoza(Founder)

Co-investorsAndreessen HorowitzDefinitionFDVCKarman Ventures01 AdvisorsA*+12 more

Coiledcoiled.ioin

Coiled is a lightweight compute platform that enables data engineers and scientists to scale Python code to thousands of cloud machines without Kubernetes or Docker.

Cloud ComputingData & InfrastructureDeveloper Tools

Matthew Rocklin(Founder)in

Co-investorsBessemer Venture PartnersChemistryEssence Venture CapitalIA Ventures

Community Investment Managementcim-llc.comOct 2025

CIM is an investment management firm focused on lending and asset management with fintech expertise, serving clients through investment strategies that include emerging markets and impact investing.

Enterprise SoftwareFintechImpact & Social GoodSan Francisco, US

Jacob Haar(Co-Founder and Managing Partner)inMichael Hokenson(Co-Founder and Partner)Vivek Krishnappa(Chief Operating Officer)Dryden Liddle(General Counsel, Chief Compliance Officer)

Co-investorsAccionAHL Venture PartnersBlue Haven InitiativeSilicon ValleyAccion Venture Lab

Comuncomun.appin𝕏Seed · Feb 2023 · $5M

Común is a mobile financial platform for immigrants and the Latino community in the U.S., offering a U.S. checking account and debit card that can be opened without an SSN using a passport or official ID.

AI & Machine LearningConsumerFintechNew York City, US

Andres Santos(Founder)inAbiel Gutiérrez(Co-founder & CTO)inAbiel Gutierrez(Founder)

Co-investorsFJ LabsRedpoint VenturesRTP GlobalSouth Park CommonsANIMO Ventures

Costanoa Venturescostanoa.vcin

Costanoa is a venture capital firm that backs early-stage founders solving large, difficult problems, providing long-term partnership and operational support.

San Francisco, US

Greg Sands(Founder & Managing Partner)inAmy Cheethamin

Co-investorsFoundryUnion Grove Venture PartnersCherry VenturesModern TechnicalRain Capital

Craftworkcraftwork.cominPre-Seed · Jan 2023 · $4M

Craftwork provides a digital platform for residential and commercial painting projects, offering same-day quotes, scheduling, and communication tools.

B2B MarketplacesConstruction TechConsumerPropTechSaaSCharlotte, US

Tim Griffin(CEO)inMike Bifulco(Founder)inSuzanne Griffin(Founder)inJoey Skavroneck(Founder)inDustin Kerns(COO)Becca Crandall(Chief of Staff)

Co-investorsMPG FundPioneerSlow VenturesY CombinatorAndreessen HorowitzForerunner Ventures+4 more

Cresicorcresicor.comSep 2021 · $5.6M

Spring, US

Alexander Whatley(CEO)

BoardJohn Cowgill(Director)in

Co-investorsTorch Capital645 VenturesVertex Ventures

Cyberhavencyberhaven.comin𝕏Apr 2026 · $88M

Cyberhaven provides data detection and response (DDR) software that helps security teams investigate incidents involving data exfiltration and insider threats by reconstructing the complete timeline and context of user actions and data movements.

AI & Machine LearningCybersecurityData & InfrastructureEnterprise Software

Volodymyr Kuznetsov(Founder)inCristian Zamfir(Founder)George Candea(Founder)Radu Banabic(Founder)Vitaly Chipounov(Founder)Nishant Doshi(CEO)in

Co-investorsCollective LiquidityCrane Venture PartnersCyber Mentor FundForgePoint CapitalLaunchBay CapitalRedpoint Ventures+9 more

Cyralcyral.com𝕏Jan 2020acquired by Varonis Systems

Cyral provides agentless database security monitoring across cloud, on-premises, and SaaS environments.

Cloud ComputingCybersecurityData & Infrastructure

Manav Mital(Founder)inSrini Vadlamani(Founder)

Co-investorsA.Capital VenturesRedpoint VenturesFelicis VenturesSV AngelTheory VenturesTrifecta Capital+2 more

Datascalehrdatascalehr.cominPre-Seed · Nov 2023

datascalehr builds a modern data platform for global payroll that automatically learns and adapts to varying data structures and formats across multiple countries and providers.

AI & Machine LearningData & InfrastructureEnterprise SoftwareHR Tech

Luke(Chief Architect)in

Co-investorsAcadian Ventures Management, Llc

Definiteusedefinite.comin𝕏Seed · Aug 2025 · $10M

Definite provides continuous automated compliance and reconciliation software for bank controllers, verifying general ledger ties, regulatory filings (Call Reports, 5300s), lending limits, and HMDA/capital checks as data arrives rather than at quarter-end.

AI & Machine LearningData & InfrastructureEnterprise SoftwareFintechSaaSSan Francisco, US

Mazin Al-Ani(Founder)inFarhan Ur Rehman(Founder)inGurshabd Singh Varaich(CEO)inMichael Ritchie(Founder)Mike Ritchie(Founder)

Co-investorsBarn VenturesVela PartnersY CombinatorAcrew Capital

Deliver Biosciencesimmtunetherapies.comin𝕏Aug 2021 · $25M

Deliver Biosciences develops a nanoparticle-based delivery platform to genetically engineer cells in patients for cell and gene therapies, targeting cancer immunotherapies as the first indication with applications in autoimmune, neurodegenerative, and cardiovascular diseases.

BiotechDeep TechMedical Devices

Co-investorsDeep Science VenturesCIVForgePoint CapitalMoment Ventures, LlcRidge VenturesZero Infinity Partners+1 more

Delphinadelphina.aiin𝕏Seed · Dec 2023 · $7.5M

Delphina builds AI data agents, end-to-end analytics workflows, and shareable data apps that teams can generate from prompts and refine in chat.

AI & Machine LearningData & InfrastructureEnterprise SoftwareSan Francisco, US

Duncan Gilchrist(Co-Founder)inJeremy Hermann(Co-Founder)

Co-investorsMotive ForceRadical VenturesTenacity Capital Global

Demandbasedemandbase.comin𝕏

Demandbase provides an AI-powered B2B intelligence platform that integrates go-to-market data, tools, and execution across the GTM ecosystem.

AdTechAI & Machine LearningEnterprise SoftwareMarketing TechSaaSSan Francisco, US

Chris Golec(Founder)inGabriel Rogol(Chief Executive Officer)Umberto Milletti(Chief Product & Technology Officer)inGabe Rogol(CEO)in

BoardAnthony Lee(Director)inStacey Bishop(Director)in

Co-investorsScale Venture PartnersCamber PartnersFirstMark CapitalFoundation CapitalJackson Square VenturesNewView Capital+8 more

Earthmoverearthmover.ioin𝕏Pre-Seed · Sep 2025 · $2M

Earthmover builds a cloud data platform for exploring, visualizing, analyzing, and sharing large-scale scientific datasets, with a focus on climate and Earth science data.

AI & Machine LearningClimate TechCloud ComputingData & InfrastructureNew York, US

Ryan Abernathey(Founder)inJoe Hamman(Founder)inTony Liu(Director)in

Co-investorsPreston-Werner VenturesLowercarbon Capital

Elevate Securityelevatesecurity.comin𝕏Feb 2019

Elevate Security identifies high-risk employees within organizations and provides user risk intelligence to security teams.

AI & Machine LearningCybersecurityEnterprise SoftwareHR TechSaaS

Robert Fly(Co-founder & CEO)inMasha Sedova(Co-founder & President)in

Co-investorsDefy PartnersHacker.Capital LLCWebb Investment NetworkFoundryShasta Ventures

Empirical Bioempirical.sh

Empirical Bio builds machine learning software that predicts and optimizes the structure of enzymes and other biomolecules.

BiotechLondon, GB

Jamie Weigold(CEO)in

Co-investorsBRC InnovationEntrepreneur FirstScopus Ventures Management, LlcTranspose Platform Management

Empirical Securityempirical.security

Ed Bellis(Founder)Jay Jacobs(Founder)Michael Roytman(Founder)

EngFlowengflow.comin𝕏Seed · Oct 2021 · $4M

EngFlow provides build system optimization and infrastructure tooling that reduces software build times for developer teams.

Cloud ComputingDeveloper ToolsEnterprise SoftwareAustin, US

Ulf Adams(CTO, Co-Founder)inHelen Altshuler(CEO, Co-Founder)in

Co-investorsAndreessen Horowitzfirstminute capitalTiger Global ManagementEverywhere VenturesSerpentine VenturesSiesta Ventures+3 more

EvenUpevenuplaw.comin𝕏Seed · Aug 2020

EvenUp provides an AI-powered claims intelligence platform for personal injury law firms to draft, review, and strengthen cases.

AI & Machine LearningLegalTechSaaSSan Francisco, US

Rami Karabibar(Chief Executive Officer)inRaymond Mieszaniec(Chief Operating Officer)inSaam Mashhad(Chief of Product & Legal Operations)in

Co-investors137 VenturesAllison Pickens VenturesavraB Capital GroupB4 CapitalBain Capital Ventures+21 more

Faunafauna.comDefunct

Fauna built FaunaDB, a serverless document-relational cloud database, and shut down the service in May 2025.

San Francisco, US

Evan Weaver(Founder)Matt Freels(Founder)

Co-investorsAlumni VenturesConversion CapitalDCVC (Data Collective)Madrona Venture GroupMango CapitalPoint72 Ventures+11 more

Felderafeldera.cominJul 2026

Feldera builds an incremental computation engine based on its DBSP research that runs SQL queries incrementally, aimed at engineers solving large-scale data processing problems.

Data & InfrastructureDeep TechDeveloper ToolsEnterprise SoftwareFoster City, US

Mohsin Beg(Executive Officer, Director)inLeonid Ryzhyk(Founder)inLalith Suresh(Founder)inMihai Budiu(Founder)Ben Pfaff(Founder)inGerd Zellweger(Founder)in

Co-investorsBattery VenturesInovia Capital

Other

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

Kevala TechnologiesSlideRule Labs, Inc.VividlyDataloreMarkup AIMindtripStitch LabsTenna SystemsToroToro Data Labs

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 · 12

12 acquisitions · showing 4

Apptimizeacq. by AirshipArmoryacq. by HarnessCyralacq. by Varonis SystemsZ1acq. by NG.CASH

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Costanoa Ventures made?
Costanoa Ventures has 144 tracked investments, 12 of which have exited, including 34 dated in the last 24 months.
What stage does Costanoa Ventures invest at?
Costanoa Ventures invests at the Pre-Seed, Seed, Series A, Series B stages.
What is Costanoa Ventures's typical check size?
Costanoa Ventures typically writes checks of $500K – $8M.
What sectors does Costanoa Ventures focus on?
Costanoa Ventures focuses on AI & Machine Learning, Cybersecurity, Data & Infrastructure, Deep Tech, Defense Tech, Developer Tools, Digital Health, Enterprise Software, Fintech, LegalTech, SaaS, Sector Agnostic.
Where is Costanoa Ventures located?
Costanoa Ventures is headquartered in San Francisco, US.
Does Costanoa Ventures lead rounds?
Yes, Costanoa Ventures leads investment rounds.
Who does Costanoa Ventures co-invest with?
Costanoa Ventures most often shares deals with Felicis Ventures, Fika, Foundry, among 60 tracked co-investors.

From the blog

visit blog ↗

Costanoa recently focused on national security and defense technology investments, including announcing Joe Sullivan as a Venture Partner and highlighting portfolio companies like Lumbra and Vannevar that apply AI and advanced technology to intelligence and military challenges. AI summary

Media · Podcasts & interviews

featuring the team

187th 1Mby1M Entrepreneurship Podcast With Mark Selcow, Costanoa Ventures - 1Mby1M Entrepreneursh...

1Mby1M Roundtables · Mark Selcow

What Founders Get Wrong About Picking VCs | Greg Sands, Costanoa Ventures | The Venture Variety Show

The Venture Variety Show · Greg Sands

2025 Venture Investing ft. Costanoa Ventures Partner Amy Cheetham

Grace Gong · Amy Cheetham

The Power of Storytelling with Amy Cheetham at Costanoa Ventures

DrinksWithAVC · Amy Cheetham

Defining Product Market Fit with Amy Cheetham at Costanoa Ventures

DrinksWithAVC · Amy Cheetham

Fundraising & Facing Your Fears with Amy Cheetham at Costanoa Ventures

DrinksWithAVC · Amy Cheetham

Images

Costanoa Ventures photoCostanoa Ventures photoCostanoa Ventures photo

Co-investors · 116

Andreessen Horowitz

Andreessen Horowitz (a16z) is a venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz, known for pioneering the platform model with a large team of operators supporting founders across stages.

$500K – $50M
Point72 Ventures

Point72 Ventures is a venture capital firm that backs founders across sectors, providing insight, industry expertise, and network support. Since 2016 it has invested in more than 130 companies.

$1M – $75M
Bessemer Venture Partners

Bessemer Venture Partners is a global venture capital firm that partners with entrepreneurs across enterprise, consumer, and healthcare sectors from early stages through growth.

$50K – $100M
Insight Partners

Insight Partners is an investment firm focused on accelerating revenue and profit growth in software companies, providing capital and operational support through its Insight Onsite team.

$120M – $350M
Sapphire Ventures

Sapphire Ventures partners with expansion-stage enterprise software companies, aiming to help them become category leaders. Its Platform team of operators supports portfolio companies with customer introductions, go-to-market talent, and growth advisory.

$5M – $20M
Foundry

Foundry invests in early-stage startups and venture funds across multiple sectors. The firm builds a portfolio-based network connecting portfolio companies with other investors and entrepreneurs.

$250K – $15M
General Catalyst

General Catalyst is a global venture capital and investment firm backing founders across stages and industries, with a notable focus on AI, healthcare transformation, defense, and space.

$30M
Canaan Partners

Canaan Partners is a venture capital firm with over 30 years of history, backing companies across technology and healthcare sectors through close, hands-on partnerships with founders.

$500K – $20M
Accel

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

$500K – $100M
Alumni Ventures

Alumni Ventures (AV) is a venture capital firm that co-invests alongside lead VCs in startups, backing founders with capital and access to a large investor and operator community.

$100K – $10M
Felicis Ventures

Felicis is a venture capital firm that backs early-stage founders, investing primarily at Seed and Series A across artificial intelligence, cybersecurity and defense, global resilience and energy, and health and bio.

$500K – $15M
Bain Capital Ventures

BCV Labs is the platform and hands-on support arm of Bain Capital Ventures, providing portfolio founders with go-to-market strategy, brand development, hiring assistance, and customer introductions.

$1M – $100M
▶104 more co-investors

B Capital GroupTrue VenturesScale Venture PartnersPreston-Werner VenturesM12 (Microsoft's Venture Fund)GV (Google Ventures)Foundation CapitalNorwest Venture PartnersBattery VenturesHomebrewSalesforce VenturesBlackbird VenturesXYZ Venture CapitalSequoia CapitalRedpoint VenturesSpark CapitalUnion Square Ventures (USV)Streamlined VenturesIA VenturesOwl Ventures645 VenturesAdams Street PartnersEqual VenturesAltos VenturesLightspeed Venture PartnersUncork CapitalBenchmarkFirstMark CapitalSoftBank Vision FundAmplify PartnersLerer HippeauUS Venture PartnersWingHigh AlphaHeavybitGreenoaksRadical VenturesSamsung NextNational Grid PartnersPaladin Capital GroupCongruent VenturesUbiquity VenturesNew Enterprise Associates (NEA)Index VenturesEverywhere VenturesPlug and Play VenturesRRE VenturesOak HC/FTFreestyle CapitalCanvas VenturesFloodgateAcrew CapitalBanana CapitalThreshold VenturesLightbankUncorrelated VenturesChemistryDell Technologies CapitalUnusual VenturesBetter Tomorrow VenturesAIX VenturesDraper Fisher Jurvetson (DFJ)March Capital PartnersOurCrowdHyde Park Venture PartnersDecibel PartnersJackson Square Venturesfirstminute capitalHouseXfundToyota VenturesRembrandt Venture PartnersCerity Partners VenturesWorkday VenturesCalibrate VenturesFrialeAlchemist AcceleratorMPG FundElement PartnersMain Sequence VenturesDVx VenturesLeonis CapitalAlaya CapitalWesterly WindsGreylock PartnersKrakenNextView VenturesPhysical IntelligenceEmergence Capital PartnersObvious VenturesStride VCTodd and Rahul’s Angel FundAwesome People VenturesTribeca Venture PartnersAmerican Express Ventures (Amex)Shrug CapitalSummit PartnersScout VenturesSorenson VenturesPritzker Group Venture CapitalCreative Destruction Lab (CDL)ChainforestBerkeley Blockchain XceleratorJetBlue Ventures

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

Similar investors

Featured in lists