/Investor DB

Dream Machine

Venture capitaloperating company · company profile

San Francisco · Pre-Seed–Seed · 3 people tracked

Also known as Dream Machine VC

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Investment thesis

Dream Machine invests in consumer technology broadly defined — spanning social, creator, identity, audio, gaming, and commerce — described as tech for ordinary people. The fund treats frontier technology as interesting only insofar as it unlocks new human behavior, favoring intuition over fixed categories for the next decade of consumer. It prioritizes conviction in the founder before the product, typically entering at pre-seed and seed. Deliberately small, the fund operates with a single investor and no associates, investment committee, or platform team, deploying capital slowly and selectively. Pitches are read directly by the founder; a few sentences are preferred over a lengthy deck.

Source: firm website, verified Oct 2, 2026.

Stage
Pre-Seed–Seed
Check
$250K – $500K
HQ
San Francisco, US
Instruments
Equity
Founded
2018
Tracked investments
41
Unicorns
1
Acquisitions
2

Team · 3 people

from public directories
Alexandra Aspasia Bonatsos· General Partner

What they invest in

from 19 of 41 portfolio companies

Consumer ×10Media & Entertainment ×5Social ×5Gaming ×3Wellness & Fitness ×3AI & Machine Learning ×2Creator Economy ×2Future of Work ×2

HQs:United States×12

Who they back

founder profiles across 10 portfolio companies
40%
solo founders
4 of 10 mapped founding teams
60%
repeat founders
of 10 founders with career history

Founding team size:solo founder×42 founders×43 founders×2

Where their founders worked beforefrom 10 founders with career history

Google ×3Airbnb ×2

Accelerator rootsportfolio companies that came through a program

Y Combinator ×2

Investments · 41 tracked

founders shown can be your intro path

By year:2022 · 12021 · 22020 · 12019 · 15 dated

BLOCKPARTYblockpartyapp.com𝕏✓ verified

Block Party provides tools and services to help users control their online privacy and reduce harassment and unwanted contact on social media platforms.

CybersecuritySocial

Tracy Chou(Founder)

PartnerAlexia Bonatsos· solo GP

Co-investorsPrecursor VenturesBrighter CapitalHomebrewMozilla Ventures

Airbudsairbuds.fm

Airbuds is an iPhone widget app that lets friends share and see each other's real-time music listening activity on their home screens, with the ability to react to songs, play music, start conversations, and get a weekly music recap.

ConsumerMedia & EntertainmentSocial

Gawen Arab(Founder)Gilles Poupardin(Founder)inGilles Poupardin Gawen Arab(Founder)

Co-investorsSeven Seven Six

Audyoaudyo.aiin𝕏

Audyo is an AI text-to-speech platform that turns typed text into human-sounding audio for podcasts, videos and audiobooks.

AI & Machine LearningNewark, US

Eoghan O'Neill(Founder)in

Co-investorsTechstarsThe Fund

Berbixberbix.comin𝕏Seed · Jul 2019 · $3MAcquired

Berbix provides identity verification and fraud detection technology that online platforms integrate via SDKs to confirm users' identities and prevent fraudulent accounts.

Developer ToolsEnterprise SoftwareSaaSSan Francisco, US

Eric Levine(Founder)inSteve Kirkham(Founder)inKelsey Wolf(Recruiter)Jay Omar(Vice President of Sales)Jonathan Unikowski(Vice President of Engineering)Jason Goodman(Vice President of Product)

PartnerAlexia Bonatsos· solo GP

Co-investorsFikaY CombinatorAirAngelsFika VenturesIndex VenturesInitialized Capital+3 more

CAPPcappuccino.fm𝕏

PartnerAlexia Bonatsos· solo GP

Co-investorsKima Ventures

CATCHcatch.social

PartnerAlexia Bonatsos· solo GP

Clearspaceclearspace.orgin𝕏Seed

Clearspace advocates for reduced screen time in childhood and promotes outdoor activity and unstructured play.

ConsumerImpact & Social GoodSan Francisco, US

Royce Branning(CEO)inOliver Hill(Founder)in

Co-investorsY CombinatorCaladanCapitalize VCCojourn CompaniesElementum VenturesGoodwater Capital+10 more

Clearspacegetclearspace.com

Clearspace offers screen time controls and mindful prompts to help individuals manage their digital habits and reduce distractions.

ConsumerMental HealthWellness & FitnessSan Francisco, US

Oliver Hill(Founder)in

Clubhouseclubhouse.com𝕏

Clubhouse is a social audio platform where users can join live voice conversations and discussions.

Social

Rohan Seth(Founder)inPaul Davison(Founder)

Co-investorsAndreessen HorowitzColor CapitalDreamers VCGraph VenturesJames Beshara FundJustin “3LAU” Blau+15 more

ETHEL’s CLUBethelsclub.com

PartnerAlexia Bonatsos· solo GP

Fablefable-studio.com

The page is a memorial tribute to Pete Billington and does not describe the company's products or services.

PartnerAlexia Bonatsos· solo GP

Co-investorsBoston Seed CapitalAgFunderFive Elms CapitalK3 VenturesSuper Ventures

Hausdrink.haus𝕏

Haus produces apéritif spirits made with natural ingredients and light alcohol content, marketed as an alternative to traditional spirits with fewer hangovers.

ConsumerDirect to ConsumerFoodTechSonoma, US

PartnerAlexia Bonatsos· solo GP

Co-investorsEvolution VC PartnersOssian CapitalPartners ResoluteReshapeClearcoGreat Oaks Venture Capital+4 more

Lobuslobus.io

PartnerAlexia Bonatsos· solo GP

Co-investorsRosecliff Ventures

Locketlocketwidget.com

Matt Moss(Founder)

Mad Realitiesmadrealities.xyzin𝕏Seed · Apr 2022 · $6M

Mad Realities is a creator-powered entertainment network that produces original episodic shows in partnership with online creators for distribution across social platforms and streaming.

Creator EconomyMedia & EntertainmentSocialNew York, US

Alice Ma(Cofounder)Devin Lewtan(Cofounder)in

Co-investorsParadigmAlex ZhangElectric AntFirst Round CapitalIndex VenturesLowercarbon Capital+1 more

Mad Realitiesmadrealities.com

Mad Realities is a streaming destination for reality and lifestyle TV series, offering full episodes of shows such as Caught in the Act: Unfaithful, The Challenge, Glam Slam, and Catfish.

Media & Entertainment

Alice Ma(Founder)Devin Lewtan(Founder)

Co-investorsParadigm

OnDeck (nZero)joinodf.com𝕏

ODF is a one-week in-person program in San Francisco that connects early-stage founders and builders to explore ideas, find co-founders, and build support networks.

Future of WorkSan Francisco, US

Co-investorsAdapt VenturesAngel Collective Opportunity FundBase Venture Management, Inc.Canaan PartnersCoinbase VenturesCore91.vc+9 more

PLAYBYTEplaybyte.ioApr 2020

Playbyte builds accessible tools for creating video games and apps, having released an iOS app for making and playing microgames in an algorithmic feed, a utility for Godot developers, and a GPT-4-based app prototyping tool.

ConsumerCreator EconomyGamingBrooklyn, US

Kyle Russell(Executive Officer, Director)in

PartnerAlexia Bonatsos· solo GP

POWDERpowder.gg

PartnerAlexia Bonatsos· solo GP

Republicinteractresidency.com

Interact is a 501(c)3 technology fellowship and research organization that runs a Technology Residency and Symposium, bringing together technologists to develop novel research, collaborations, and ideas across disciplines.

Deep TechFuture of WorkImpact & Social GoodSan Francisco, US

Squadsquadapp.io𝕏SeedAcquired

SquadApp is a platform that helps people connect with friends, family, and collaborators in real-time to reduce loneliness and isolation.

ConsumerSocialWellness & FitnessSan Francisco, US

Ethan Sutin(CTO)inEdwin van Vliet(Creator & Developer)Anthony Adamovich(Founder)inEsther Crawford(CEO)Chris Messinain

PartnerAlexia Bonatsos· solo GP

Co-investorsThe Chernin Group (TCG Crypto)Y CombinatorAgrolimen VenturesBasis Set VenturesBBG VenturesBetaworks Ventures Management, Llc+7 more

TLDRimaginegolf.com

Imagine Golf offers a mobile app focused on the mental game of golf, delivering daily 3-minute audio lessons on visualization, confidence, habits, and course strategy.

ConsumerSports TechWellness & Fitness

Trashgettrashed.tv

The site publishes articles and listicles about consumer apps, such as recommendations for music-listening applications.

Media & Entertainment

PartnerAlexia Bonatsos· solo GP

Co-investorsGeneral CatalystTIRTA Ventures

Tuliptulipcremation.com

Tulip Cremation is a direct cremation service that lets families arrange cremations online or by phone, offering cremation services, pre-need planning, and Spanish-language support.

ConsumerSan Francisco, US

Volleyvolleythat.com𝕏

Volley develops voice-controlled and interactive games for smart speakers and TV platforms, offering titles such as trivia, music quizzes, and bedtime stories.

ConsumerGamingMedia & Entertainment

Max Child(Founder)James Wilsterman(Founder)

PartnerAlexia Bonatsos· solo GP

Co-investorsA.Capital VenturesAdvancit CapitalAmplify.LAAurumBitkraft Esports VenturesLightspeed Venture Partners+12 more

Weekend (fmr. Volley)weekend.comin𝕏Series A

Weekend develops voice-activated games for television that encourage group interaction and social engagement, offering licensed game shows and branded content for families and friend groups.

AI & Machine LearningConsumerGamingSan Francisco, US

Max Child(CEO)inJames Wilsterman(CTO)inPratyush Buddiga(Chief of Staff)Brian Ng(Data Scientist)Michael Poteat(Principal Software Engineer)Devin Ozel(Engineering Manager)

Co-investorsAlumni VenturesCauseway PartnersRainfall VenturesY CombinatorA.Capital VenturesAdvancit Capital+15 more

Other

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

BeOnDeckCAPTUREFable StudioFullyKora BioLaunch HouseLayerMicroNewnessSnack BreakSnagTL;DLTTYLWeekendYOLO

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Dream Machine made?
Dream Machine has 41 tracked investments, 2 of which have exited.
What stage does Dream Machine invest at?
Dream Machine invests at the Pre-Seed, Seed stages.
What is Dream Machine's typical check size?
Dream Machine typically writes checks of $250K – $500K.
What sectors does Dream Machine focus on?
Dream Machine focuses on Consumer, Creator Economy, Deep Tech, E-commerce, Gaming, Social.
Where is Dream Machine located?
Dream Machine is headquartered in San Francisco, US.
Who does Dream Machine co-invest with?
Dream Machine most often shares deals with Gaingels, Y Combinator, Andreessen Horowitz, among 53 tracked co-investors.

Images

Dream Machine photo

Co-investors · 21

Index Ventures

Index Ventures is a venture capital firm that backs founders across industries and geographies, emphasizing the people behind ideas as much as the businesses themselves.

Both backed · 2
$540K – $10.8M
First Round Capital

First Round Capital is an early-stage venture firm partnering with founders at the very first stages of company creation, backing companies from angel through seed with hands-on support across GTM, recruiting, and operations.

Both backed · 2
$100K – $20M
Electric Ant

Electric Ant is an early-stage investment firm with offices in Los Angeles and Miami. It backs startups at the beginning of their journey and maintains a public presence on AngelList.

Both backed · 2
Mad RealitiesLaunch House
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.

Both backed · 1
$500K – $50M
Sequoia Capital

Sequoia Capital is a venture capital firm that partners with founders to build technology companies.

Both backed · 1
$100K – $50M
Techstars

Techstars is a global startup accelerator and early-stage investor that funds and mentors ambitious founders, providing $220K in capital, a three-month program, and access to a worldwide network of mentors, investors, and corporate partners.

Both backed · 1
$220K
Liquid Ventures

Liquid 2 Ventures is a seed-stage venture capital firm founded in 2015 by Joe Montana and based in San Francisco.

Both backed · 1
$250K – $5M
Cowboy Ventures

Cowboy Ventures is an early-stage venture firm focused on partnering with startups at the pre-seed and seed stages, offering hands-on support to help build enduring companies.

Both backed · 1
Newness
$500K – $3M
Fika

Fika Ventures backs early-stage founders building B2B software, fintech, marketplaces, and healthcare companies across the US and Canada.

Both backed · 1
$1M – $10M
Founders Fund

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

$500K – $5M
Greylock Partners

Greylock Partners is an early-stage venture capital firm that partners with founders building companies from inception. Its partners make only one or two new investments per year to focus deeply on each partnership.

$100K – $10M
Lookout Ventures

Lookout Ventures is a seed-stage venture capital firm backing B2B SaaS startups located outside the major coastal tech hubs across the United States.

$250K – $2M
▶9 more co-investors

Flybridge Capital PartnersFloodgateSierra VenturesNot Boring CapitalAltaIR CapitalHustle FundStandard CapitalUpside PartnershipHelium-3 Ventures

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

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