Fundraising Fox

Gen Capital

Venture capital

Chicago · Pre-Seed–Series A · 23 people tracked

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Investment thesis

The firm invests at the early stage in what it calls 'Gen 1 Products' — original, transformative, and technically disruptive innovations. It prioritizes founders first, seeking deeply technical, humble, and high-integrity entrepreneurs it can support through good and bad times. Drawing on experience leading product and engineering at large hardware and software enterprises, building startups, and running corporate venture capital, the team leverages ties to local technology ecosystems, corporate partners, and universities to help incubate and commercialize new technologies. It targets complex opportunities such as digital and industrial automation, geospatial, manufacturing, autonomous transportation, digital health, distributed ledgers, environmental technology, and education.

Source: firm website, verified Aug 7, 2026.

Stage
Pre-Seed–Series A
HQ
Chicago, Illinois, US
Leads rounds
Follows
Instruments
Equity
Founded
2020
Tracked investments
56

Team · 23 people

from the firm's website & public directories
Rumi Morales· Venture Partner

Affiliated with Outlier Ventures; serves as a venture partner.

Adam Code· Investor and Advisor

Affiliated with Promus Holdings.

Andy Code· Investor and Advisor

Founder of Promus Holdings.

Angela Han· Investor and Advisor

Head of Customer Data Science for Adobe Experience Platform.

Ben Jun· Investor and Advisor

Founder of Cryptography Research, SidelineHD and HFV Labs.

Clifton Chang· Investor and Advisor
David Code· Investor and Advisor

Affiliated with Promus Holdings.

David Kim· Investor and Advisor

VP of operational due diligence at a Boston-based university endowment.

Dennis Chookaszian· Investor and Advisor
Dr. Daniel Derman· Investor and Advisor

CIO of Northwestern Medicine.

Dr. Jay Chang· Director of Medical Partnerships

Director of Medical Partnerships at BillionToOne.

Fernando Vinzons· Investor and Advisor

Chief Investment Officer of the Chicago Teachers Pension Fund.

Harrison Shih· Investor and Advisor

Head of Autonomy at DoorDash.

Iqbal Arshad· Investor and Advisor

Former SVP of hardware at Google and Motorola.

James Rosseau Sr· Investor and Advisor

Former executive at JPMorgan Chase, Allstate and LegalShield.

Maggie Jim· Investor and Advisor

Chief of Staff at Zipline.

Mauricio Suarez· Investor and Advisor

Deputy Head of Technology Development & Industry Engagement at Fermilab.

Robert Lee· Investor and Advisor

Works at a comptroller family office.

Roberto Tapia· Investor
Susan Kim· Investor and Advisor

CFO of PsiQuantum, serving Gen 1 Capital as an investor and advisor.

Vivian Chang· Investor and Advisor

Vice President of ecommerce at GNC.

What they invest in

from 40 of 56 portfolio companies

AI & Machine Learning ×19Enterprise Software ×15Fintech ×9Hardware ×9SaaS ×9Data & Infrastructure ×7Consumer ×4Developer Tools ×4

HQs:United States×19United Kingdom×1

Investments · 56 tracked

founders shown can be your intro path

By year:2018 · 22017 · 12016 · 12015 · 15 dated

1QB Information Tech/Irreversible1qbit.comin𝕏

1QBit develops computational tools that enable organizations to reimagine and solve complex, previously intractable problems across industries.

Deep TechEnterprise SoftwareQuantum Computing

PartnerJ Cheng· solo GP

Co-investorsInnovative Solutions CanadaSCB 10X

Accordance Aiaccordance.comin𝕏

Develops AI tools for tax and accounting professionals to improve compliance, financial planning, and decision-making capabilities.

AI & Machine LearningEnterprise SoftwareFintechLegalTechSan Francisco, US

David Yue(Co-founder)inFinsam Samson(Co-founder)in

PartnerJ Cheng· solo GP

Co-investorsKhosla VenturesAlumni VenturesBasecamp FundCarya Venture PartnersDcode CapitalGeneral Catalyst+3 more

AdExchangeradexchanger.comin

AdExchanger is a media outlet publishing news and analysis about the digital advertising and marketing technology industries, covering topics such as programmatic advertising, publishers, and ad platforms.

AdTechMedia & Entertainment

PartnerJ Cheng· solo GP

Co-investorsAdvance Venture PartnersBlueTree Venture CapitalMK CapitalSilicon Ventures

Amber Agricultureamber.agin

Amber produces wireless, solar-powered automation kits for grain bin monitoring and fan control that replace traditional cable systems.

AgTechHardwareIoTChicago, US

Lucas Frye(Executive Officer, Director, Promoter)Joseph Varikooty(Executive Officer, Director, Promoter)

BoardCyril Ebersweiler(Incoming Series Seed Director.)in

PartnerJ Cheng· solo GP

Co-investorsHAXIllinois Ventures1517SOSV

Ambitionambition.comin𝕏Jun 2018

Ambition provides a unified revenue execution platform that integrates coaching, data intelligence, and activation tools for sales teams.

AI & Machine LearningEnterprise SoftwareSaaSSales TechChattanooga, US

Travis Truett(Founder/CEO)inJared Houghton(Founder)inBrian Trautschold(Founder/COO)in

BoardClint Smith(Director)Sid Chambless(Director)

PartnerJ Cheng· solo GP

Co-investorsChattanooga Renaissance FundY Combinator

Artisightartisight.comin

Artisight builds an AI-powered "Smart Hospital" platform using ambient intelligence, two-way audio and video, computer vision, and a multi-sensor network to turn hospital rooms into connected virtual care environments.

AI & Machine LearningDigital HealthHealthtech

PartnerJ Cheng· solo GP

Co-investorsEpsilon Health InvestorsGFT Ventures

Bankinnovationbankinnovation.net

PartnerJ Cheng· solo GP

Behavoxbehavox.comin

Behavox provides an AI-native compliance platform that unifies surveillance, archiving, policy management and compliance operations for large financial institutions, asset managers, and other regulated enterprises.

AI & Machine LearningEnterprise SoftwareFintechLondon, GB

Erkin Adylov(Founder & CEO)inKiryl Trembovolski(Founder)in

PartnerJ Cheng· solo GP

Co-investorsHoxton VenturesIndex VenturesSoftBank Vision FundBlackRockHPS Investment Partners, LLC

Bellabeatbellabeat.comin𝕏May 2018

Bellabeat develops AI-powered wearable devices and a health intelligence platform designed to help women track wellness metrics, understand hormonal cycles, and receive personalized health insights.

AI & Machine LearningConsumerFemTechHardwareWellness & FitnessSan Francisco, US

Urska Srsen(Founder/CCO)Sandro Mur(Founder)

BoardPeter Warnoe(Director)in

PartnerJ Cheng· solo GP

Co-investorsCherubic VenturesCrunchFundFundersClubPromus VenturesTuesday CapitalY Combinator+3 more

Cape Analyticscapeanalytics.comin

Cape Analytics provides CAPE Property Intelligence, using geospatial imagery analytics and computer vision to generate predictive property risk insights.

AI & Machine LearningInsurTechPropTech

PartnerJ Cheng· solo GP

Co-investorsBrewer Lane VenturesDCVC (Data Collective)In-Q-TelLux CapitalThompson Hutton, LLC10x Founders+1 more

Charliekempcharliekemp.com

Personal site of Charlie Kemp, a roboticist and cofounder/CTO of Hello Robot Inc., which builds Stretch, a compact, lightweight, force-sensitive mobile manipulator robot.

PartnerJ Cheng· solo GP

Cobalt Roboticscobaltrobotics.comin𝕏

Cobalt Robotics provides an AI-powered physical security monitoring platform that connects access control systems, video feeds, and edge devices to automate incident investigation and response for enterprise security operations centers.

AI & Machine LearningCybersecurityEnterprise SoftwarePalo Alto, US

Erik Schluntz(Director)Travis Deyle(Executive Officer, Director)

PartnerJ Cheng· solo GP

Co-investorsComet LabsFlucas VenturesHemisphere Ventures LLCStorm VenturesBloomberg BetaFounders Fund+2 more

Crosslend Gmbh (The Thing Gmbh)crosslend.comin

CrossLend provides portfolio management and securitisation technology for private debt and digital lending.

Data & InfrastructureFintechSaaS

PartnerJ Cheng· solo GP

Co-investorsEarlybird Venture CapitalMouro CapitalNorthzone

Custom Inkcustomink.com

Custom Ink is an e-commerce company that lets customers design and order customized apparel and gear online, offering group ordering with address collection and distribution to one or multiple locations.

ConsumerDirect to ConsumerE-commerce

PartnerJ Cheng· solo GP

Co-investorsAurumBAM VenturesSWaN & Legend Venture PartnersTensility Venture Partners

Darklangdarklang.com𝕏

Darklang is a programming language and development platform designed to build CLIs and cloud applications with minimal complexity.

Cloud ComputingDeveloper Tools

Paul Biggar

PartnerJ Cheng· solo GP

Co-investorsBackstage CapitalNextView Ventures

Deakodeako.comin𝕏

Deako manufactures smart home electrical switches and controls that enable wireless dimming, scheduling, and automation for residential applications.

ConsumerHardwareIoTSeattle, US

Derek Richardson(Founder/CEO)in

BoardDoug Renert(Director)inBrian Weeks(Director)

PartnerJ Cheng· solo GP

Co-investorsTandem CapitalY Combinator

Digital Assetdigitalasset.comin𝕏

Digital Asset builds blockchain infrastructure for financial markets, including the Daml smart contract language and the Canton Network, a public layer-one blockchain designed with configurable privacy, controls and composability for capital markets.

Crypto & Web3Enterprise SoftwareFintechNew York, US

Yuval Rooz(Co-Founder & CEO)Eric Saraniecki(Co-Founder & Head of Network Strategy)Shaul Kfir(Co-Founder)

PartnerJ Cheng· solo GP

Co-investorsCoinbase VenturesSmash CapitalDigital Currency GroupMouro CapitalR136 Ventures

Digital Currency Groupdcg.coin𝕏

DCG is an investment and operating firm focused on the cryptocurrency and blockchain industry, managing over 200 equity investments, 50 fund investments, and 30+ token and digital asset holdings across 25+ countries.

Crypto & Web3Fintech

PartnerJ Cheng· solo GP

Co-investorsCapitalGK2 GlobalNew York Life VenturesOMERS VenturesSGH CapitalSoftbank Latin America Fund+2 more

Dispatchdispatch.mein𝕏

Dispatch provides a service orchestration platform that connects businesses with independent service providers and customers to deliver coordinated, high-quality service experiences.

AgTechB2B MarketplacesData & InfrastructureEnterprise SoftwareFintechFuture of WorkSaaSNew York City, US

PartnerJ Cheng· solo GP

Co-investorsGrandBanks CapitalKima VenturesLaunchCapitalTechstars

EarthSenseearthsense.coin𝕏

EarthSense develops AI and robotics solutions for agriculture to address sustainability and productivity challenges.

AgTechAI & Machine LearningRobotics

Chinmay Soman(Founder)in

PartnerJ Cheng· solo GP

Co-investorsADB VenturesAg Ventures AllianceAgLaunch AcceleratorAurum Venture PartnersBread And Butter Ventures, LlcIllinois Ventures+2 more

Enviewenview.comJul 2017

San Francisco, US

San Gunawardana(Executive Officer, Director)inHelen Boniske(Director)Krassimir Piperkov(Executive Officer, Director)

BoardMatt Bigge(Director)in

PartnerJ Cheng· solo GP

Co-investorsCrosslink CapitalBrightCap Investment Advisor ADPromus Ventures

Figure Eight Inc.figure-eight.com

Machine learning software platform that transforms unlabeled data into high-quality AI training data.

PartnerJ Cheng· solo GP

Co-investorsCanvas VenturesCheyenne VenturesK9 VenturesPromus VenturesThe Perkins FundTrinity Ventures

Filamentfilament.com

An industrial IoT company enabling secure communications and private exchanges between devices through distributed network technology.

PartnerJ Cheng· solo GP

Co-investorsBackstage CapitalPantera CapitalVTF CapitalZenStone Venture CapitalFINTOP CapitalWillow Growth Partners+1 more

Firstopinionappfirstopinionapp.com

PartnerJ Cheng· solo GP

Geektimegeektime.com

PartnerJ Cheng· solo GP

Gigstergigster.comin𝕏Acquired

Gigster connects companies with a global network of software developers and digital talent to build custom products and develop digital capabilities.

AI & Machine LearningB2B MarketplacesDeveloper ToolsEnterprise SoftwareFuture of WorkSaaSAustin, US

Debo Olaosebikan(Founder)inRoger Dickey(Co-Founder & CEO)Christopher Keene(Chief Executive Officer)Jennifer Pockell Dimas(Chief Marketing Officer)Ellis Ishaya(WW Vice President, Customer Success & Network Operations)Shawn Mohr(Chief Revenue Officer (joined May 2023))

PartnerJ Cheng· solo GP

Co-investorsEmmett ShearFelicis VenturesJustin WaldronMarc BenioffNaval RavikantTransmedia Capital+5 more

Hello Robothello-robot.com

Hello Robot builds Stretch, an open-source mobile manipulator robot used by researchers, enterprises, and people with severe mobility impairments in home and workplace settings.

AI & Machine LearningHardwareRobotics

PartnerJ Cheng· solo GP

Huckleberryhuckleberry.com

Aaron Ward(Founder)in

PartnerJ Cheng· solo GP

Co-investorsCrosslink CapitalJam Fund

iguazioiguazio.comin𝕏

Iguazio provides an MLOps platform for operationalizing data science, covering the full lifecycle from data engineering through model deployment and monitoring, with a built-in feature store for real-time AI applications.

AI & Machine LearningData & InfrastructureDeveloper Tools

PartnerJ Cheng· solo GP

Co-investorsINcapital VenturesKensington Capital Partners LimitedPlaza VenturesVerizon Ventures

Intelintel.aiin𝕏

Intel offers AI-focused hardware and software solutions, including processors, data center and cloud AI hardware, AI PCs built on Intel Core Ultra processors, and open source development frameworks and tools.

AI & Machine LearningHardwareSemiconductors

PartnerJ Cheng· solo GP

Co-investorsPrefix Capital

Inventablesinventables.com𝕏

Inventables manufactures and sells desktop CNC machines, parts, and accessories for makers, creative professionals, and small manufacturers.

Advanced ManufacturingCreator EconomyHardwareChicago, US

BoardZach Kaplan(Executive Officer, Director)inPhil Black(Director)inSue Khim(Director)

PartnerJ Cheng· solo GP

Co-investorsCorazon CapitalDundee Venture CapitalGreycroftIllinois VenturesTrue VenturesDraper Associates

Junejuneoven.comin𝕏

June makes a countertop smart oven that combines functions like convection, air frying, grilling, and slow cooking, using an internal HD camera and a "Food ID" recognition system to identify food and auto-select cooking programs.

AI & Machine LearningConsumerHardware

PartnerJ Cheng· solo GP

Co-investorsAurumRSE VenturesRainfall Ventures

Kenshokensho.comin𝕏Jul 2015acquired by S&P Global

Kensho is an AI innovation division within S&P Global that develops generative and agentic AI systems for financial intelligence and enterprise platforms.

AI & Machine LearningData & InfrastructureEnterprise SoftwareFintechCambridge, US

Daniel Nadler(Executive Officer, Director)Bhavesh Dayalji(CEO & S&P Global Chief AI Officer)Peter Kruskall(Executive Officer, Director)

PartnerJ Cheng· solo GP

Co-investorsBreyer CapitalComcast VenturesF-Prime Capital PartnersGoldman SachsXfund

Mapboxmapbox.comin𝕏

Mapbox operates a developer cloud platform that provides maps, navigation, search, and geospatial data services built from continuously updated location data drawn from telemetry, aerial imagery, computer vision, and user contributions.

AI & Machine LearningData & InfrastructureDeveloper ToolsMobility & TransportationSaaS

PartnerJ Cheng· solo GP

Co-investorsDBL PartnersEnergize CapitalFelicis VenturesFoundryGFR FundPremji Invest+7 more

Marblemarble.io

PartnerJ Cheng· solo GP

Marketomarketo.com

Adobe is a multinational software company that develops creative, design, and business productivity applications.

AI & Machine LearningCreator EconomyEnterprise Software

Phil Fernandez(CEO)

PartnerJ Cheng· solo GP

Co-investorsAsia GreenTech FundBattery VenturesCrosslink CapitalEntrepreneurs Roundtable Accelerator (ERA)fronttrail Equity Partners GmbHFuel Ventures+15 more

Petronicspetronics.io

PartnerJ Cheng· solo GP

Poppypoppy.comin

Poppy optimizes ventilation in large commercial buildings by using aerosol tracer testing to measure actual outdoor air rates and adjusting existing damper setpoints to cut HVAC energy waste, with customers paying only from verified utility savings.

CleantechEnergyPropTechSilicon Valley, US

PartnerJ Cheng· solo GP

Co-investorsf7 VenturesPanache VenturesTop Corner Capital

Powerlytics Financial Servicespowerlytics.com

Powerlytics operates a data platform that provides business and financial intelligence, including investable asset data, to support customer decision-making.

Data & InfrastructureEnterprise SoftwareFintech

PartnerJ Cheng· solo GP

Co-investorsBrewer Lane VenturesBroad Street AngelsCurql Collective, LLCTribeca Early Stage Partners

Privitarprivitar.com

London

Nick Pointon(Executive Officer)Cary Davis(Director)Gerard Buggy(Director)Jason McFall(Executive Officer)Jason du Preez(Executive Officer, Director)Seth Pierrepoint(Director)

PartnerJ Cheng· solo GP

Co-investors24 HaymarketIlluminate FinancialPartech Ventures

Representrepresent.com

PartnerJ Cheng· solo GP

Co-investorsFundersClubCredo Ventures

Return Pathreturnpath.cominNov 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(Co-Founder & President)SCOTT WEISS(Board Director (Andreessen Horowitz))Anita Absey(Chief Revenue Officer)JOHN T. SINCLAIR(Chief Financial Officer)Lisa T. Mogensen(Executive Officer)

PartnerJ Cheng· solo GP

Co-investorsSapphire VenturesUnion Square Ventures (USV)Costanoa Venture CapitalCostanoa VenturesFoundryVista Equity Partners

Rippleripple.comin𝕏

Ripple builds blockchain-based financial infrastructure to enable cross-border value transfer and payment solutions for enterprises, governments, and financial institutions.

Crypto & Web3Enterprise SoftwareFintech

Ryan Fugger(Founder)

PartnerJ Cheng· solo GP

Co-investorsAbstract VenturesAurum Venture PartnersCamp One VenturesCastle Island VenturesCore Venture CapitalDigital Currency Group+16 more

Silver Tail Systemsrsa.comin𝕏

RSA provides an AI-powered unified identity platform for organizations to manage authentication, access control, identity governance, and lifecycle management.

AI & Machine LearningCybersecurityEnterprise SoftwareSaaSBurlington, US

PartnerJ Cheng· solo GP

Co-investorsAndreessen HorowitzCiti VenturesIn-Q-Tel

Skyryseskyryse.comin𝕏

Skyryse is an aviation hardware and software company that builds SkyOS, a universal flight operating system, which powers its first aircraft, the Skyryse One, to simplify aircraft control during standard operations, bad weather, and emergencies.

Deep TechDefense TechHardwareMobility & TransportationRoboticsEl Segundo, US

Mark Groden(Founder & CEO)in

PartnerJ Cheng· solo GP

Co-investorsCantos VenturesCity LightDas & Co.Embedded VenturesFlucas VenturesFontinalis Partners+18 more

SparkCognitionsparkcognition.com

PartnerJ Cheng· solo GP

Co-investorsBoeing HorizonX VenturesMillennium New HorizonsMillennium Technology Value Partners

Swift Navigationswiftnav.comin

Swift Navigation provides low-cost, high-accuracy GPS and GNSS positioning solutions for autonomous vehicles, mobility applications, and mass-market uses.

Deep TechHardwareMobility & TransportationCalifornia, US

Timothy Harris(CEO and Co-Founder)

PartnerJ Cheng· solo GP

Co-investorsClear VenturesEnerTech CapitalEvolution VenturesFraser McCombs CapitalGlobal BrainKDDI Open Innovation Fund+11 more

TakeLessonstakelessons.com

Steven Cox(Founder)in

PartnerJ Cheng· solo GP

Co-investorsBaroda VenturesCrosslink CapitalLightbankMoore Venture PartnersSpider CapitalUncork Capital+1 more

Thehealthcareblogthehealthcareblog.comin𝕏

The Health Care Blog is an online publication featuring commentary and essays on healthcare delivery, medical practice, health policy, and technology such as electronic health records and AI in medicine.

Digital HealthMedia & Entertainment

PartnerJ Cheng· solo GP

Threadloomthreadloom.com

PartnerJ Cheng· solo GP

Thumbnail for Revolution Medicinesrevmed.com

Revolution Medicines is a clinical-stage oncology company developing targeted cancer therapies based on its tri-complex platform and RAS(ON) inhibitor biology.

BiotechHealthtech

PartnerJ Cheng· solo GP

Co-investorsIllinois VenturesNextech InvestThe Column Group

True Fittruefit.comin

True Fit provides an AI personal shopping agent and "fit intelligence layer" that gives apparel and footwear shoppers size and fit guidance based on real purchase, return, and keep data.

AI & Machine LearningE-commerceRetail TechWoburn, US

Jessica Murphy(Executive Officer, Director)Joseph Romney Evans(Executive Officer)Romney Evans(Founder)inLen Nannarone(Executive Officer)Charles Badavas(Executive Officer)Jessica Arredondo Murphy(CEO)

PartnerJ Cheng· solo GP

Co-investorsBYU Cougar CapitalCross Creek AdvisorsFounder CollectiveGeorgianIntel CapitalJump Capital+1 more

Tuliptulip.comin𝕏

Tulip provides software for retail sales associates and stores to deliver personalized, omnichannel shopping experiences.

Enterprise SoftwareRetail TechSaaS

Ali Asaria

PartnerJ Cheng· solo GP

Co-investorsArrowroot CapitalCommerce VenturesHigh AlphaRadian CapitalBoxGroupBrevan Howard Digital+4 more

Wickrwickr.comin𝕏

AWS Wickr is an enterprise-grade secure communication platform offering end-to-end encrypted messaging, voice, and video collaboration for organizations handling sensitive information, with compliance certifications including FedRAMP High and DoD IL4/5.

CybersecurityEnterprise SoftwareSaaSChicago, US

Christopher Howell(Executive Officer)Jennifer DeTrani(Executive Officer)Nico Sell(Co-Founder & Chairman)Braden Seely(Executive Officer)York Sell(Executive Officer)Paul Bauerschmidt(Executive Officer)

PartnerJ Cheng· solo GP

Co-investorsAlsop Louie PartnersBreyer CapitalIronGate Capital AdvisorsDolby Family VenturesLytical Ventures

Zippedizippedi.comin

Zippedi builds autonomous in-store robots that navigate retail environments to gather shelf data for major retailers.

AI & Machine LearningRetail TechRobotics

PartnerJ Cheng· solo GP

Exits · 1

IPOs and acquisitions across the tracked portfolio

Kenshoacq. by S&P Global

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Gen Capital made?
Gen Capital has 56 tracked investments, 2 of which have exited via acquisition or IPO.
What stage does Gen Capital invest at?
Gen Capital invests at the Pre-Seed, Seed, Series A stages.
What sectors does Gen Capital focus on?
Gen Capital focuses on Advanced Manufacturing, AI & Machine Learning, Climate Tech, Crypto & Web3, Deep Tech, Digital Health, EdTech, Future of Work, Hardware, Healthtech, Mobility & Transportation, Robotics, Space Tech.
Where is Gen Capital located?
Gen Capital is headquartered in Chicago, US.
Does Gen Capital lead rounds?
Gen Capital typically participates in rounds rather than leading them.
Who does Gen Capital co-invest with?
Gen Capital most often shares deals with Illinois Ventures, Crosslink Capital, Promus Ventures, among 189 tracked co-investors.

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