Fundraising Fox

Incubate US

Venture capitalActively deploying

Los Altos

Also known as INCUBATE FUND US GP, L.L.C.

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Fund manager profile

Incubate US is a venture fund manager based in Los Altos. SEC filings show 3 venture funds on record, most recently Incubate Fund US III, LP filed September 2025.

Source: SEC EDGAR Form D filings. Firm website data not yet available.

HQ
Los Altos, US
Founded
2019
Last 12 months
1 investment
Private fund assets
$64.7M
VC funds
3
Tracked investments
35

What they invest in

from 30 of 35 portfolio companies

AI & Machine Learning ×26SaaS ×15Enterprise Software ×8Cybersecurity ×7Marketing Tech ×6Developer Tools ×4E-commerce ×3Advanced Manufacturing ×2

HQs:United States×11Japan×1

Who they back

founder profiles across 16 portfolio companies
31%
solo founders
5 of 16 mapped founding teams

Founding team size:solo founder×52 founders×63 founders×34+ founders×2

Accelerator rootsportfolio companies that came through a program

Techstars ×2

Investments · 35 tracked

founders shown can be your intro path

By year:2026 · 12024 · 12023 · 13 dated

Airbuyincairbuyinc.com
Akoolakool.com

Akool is a generative AI platform for creating and editing video and image content, offering tools such as AI avatars, face swap, video translation, image generation, and background replacement.

AI & Machine LearningMarketing TechSaaSPalo Alto, US

Co-investorsCitta CapitalVela Partners

Arenaarena.imin𝕏

Arena is a real-time engagement platform that enables organizations to create immersive interactive experiences, engage audiences through live updates, and personalize customer interactions across news, gaming, and ecommerce industries.

Marketing TechMedia & EntertainmentRetail TechSaaSSan Francisco, US

Paulo Martins(Founder)in

Co-investorsCRV (Charles River Ventures)Lightspeed Venture PartnersMu VenturesTechstarsVela PartnersAndreessen Horowitz+2 more

Auxiaauxia.ioinNov 2024

Auxia builds AI marketing agents and a real-time decisioning platform that automate campaign workflows and personalize customer journeys, integrating with tools like Braze and Salesforce Marketing Cloud.

AI & Machine LearningMarketing TechSaaSPalo Alto, US

Sandeep Menon(Executive Officer, Director, Promoter)Ravi Desu(Executive Officer, Director, Promoter)Asim Krishna Prasad(Founder)Cole Stuart(Founder)Luv Misra(Founder)

BoardIndranil Guha(Director)

Co-investorsVela PartnersMUFG Innovation PartnersStage 2 Capital

Bright Securitybrightsec.comin

Bright Security develops an AI-powered application security platform that automates detection, remediation, and validation of security vulnerabilities integrated into the software development lifecycle.

AI & Machine LearningCybersecurityDeveloper ToolsSaaS

Co-investorsDnx VenturesEvolution Equity PartnersFusionIncubate FundJ-Ventures

Broxbrox.aiin

Brox builds 1:1 behavioral "digital twins" of real people from recruited panels or a client's own customers, and lets businesses query these twins to predict human decisions and test ideas without traditional market research.

AI & Machine LearningMarketing TechSaaS

Durgé Seerden(Founder)in

Co-investorsFlorida FundersScribble VenturesVela PartnersWonder VenturesFirestreak Ventures

Cartkencartken.comin

Cartken builds autonomous mobile robots that automate the movement of goods across manufacturing sites, warehouses, distribution centers, pharma/medical/R&D centers, and corporate campuses, navigating both indoors and outdoors.

AI & Machine LearningLogistics & Supply ChainRoboticsOakland, US

Jake Stelman(Founder)Jonas Witt(Founder)

Co-investorsVela Partners468 Capital

Cerbycerby.comin𝕏

Cerby provides an identity security platform that extends password management, SSO, MFA, user provisioning/deprovisioning, and privileged access management to disconnected applications that lack SAML, OIDC, or SCIM support.

CybersecurityEnterprise SoftwareSaaS

Belsasar Lepe(Founder & CEO)inVidal(Co-Founder & CTO)inErnie Tkac(Chief Revenue Officer)inMatt McCawley(VP of Customer Experience, Business Development & Partnerships)inMiles Lavin(Chief Financial and Operating Officer)in

Co-investorsAV8 VenturesBowery CapitalCarnrite VenturesCategory VenturesCOREangelsSCB 10X+7 more

Cloudnatixcloudnatix.comin

CloudNatix provides AI infrastructure as a service, offering GPU compute across multiple cloud providers bundled with a software platform for training, fine-tuning, and running inference on open LLMs on cloud, edge, or on-prem.

AI & Machine LearningCloud ComputingDeveloper Tools

Co-investorsCota CapitalDnx VenturesVela Partners468 Capital

Dagknowsdagknows.com

DagKnows offers an AI-based SRE platform that autonomously investigates IT incidents by building causal investigation trees, identifying root causes, and capturing resolutions as reusable runbooks.

AI & Machine LearningDeveloper ToolsEnterprise Software

DeepWeave Optimized chips for AIdeepweave.aiin

DeepWeave builds Loom, an AI-native optimization platform that augments the backend (physical) design stage of chip design, targeting power, performance, area, and yield through design-technology co-optimization within existing EDA flows.

AI & Machine LearningDeveloper ToolsSemiconductors

Unni Narayanan(Founder and CEO)David Pan(Founder and CTO)

Co-investorsHomebrewRoot VenturesRoot Ventures Manager, Llc

Discern Securitydiscernsecurity.comin

Discern is an AI agent-powered security platform that assesses, benchmarks, and optimizes security controls across tools such as EDR, SASE, email, SIEM, IAM, and vulnerability management.

AI & Machine LearningCybersecuritySaaS

Rohan Puri(Founder)Santhosh Purathepparambil(Founder)

Co-investorsCyber Mentor FundFirst Rays Venture PartnersForgePoint Capital

Fez Incfez-inc.jpin
goooods株式会社goooods.com

Goooods is a B2B wholesale marketplace connecting retailers and buyers with over 3,000 domestic and international brands across categories like food, beauty, household goods, fashion, and interior products.

B2B MarketplacesE-commerceRetail TechTokyo, JP

Louis Nonouchi(Founder)inKeisuke Kanno(Founder)in

Co-investorsAngel Bridge Co.,Ltd.Vela PartnersZ Venture Capital

Innowateinnowate.aiin𝕏

Innowate.ai appears to offer a security analysis tool that detects findings valued by CISOs, based on customer testimonials from fintech companies, banks, and critical infrastructure organizations across Asia, the EU, and the USA.

AI & Machine LearningCybersecurityFintech

LevelPlanelevelplane.com

LevelPlane builds an AI system (EIM) that reads 2D engineering drawings to extract dimensions, features, and design intent, then produces should-cost estimates, supplier matches, and RFQ workflows for manufacturing sourcing teams.

Advanced ManufacturingAI & Machine LearningSales Tech

Co-investorsVela Partners

Lightuplightup.aiin𝕏

Lightup provides enterprise data observability software that monitors and validates production data pipelines using AI-powered anomaly detection.

AI & Machine LearningData & InfrastructureEnterprise Software

Co-investorsAndreessen HorowitzVela PartnersIncubate FundS28 CapitalShasta VenturesGTMfund

Limitlesslimitless.aiin𝕏Acquired

Limitless creates AI tools designed to augment human intelligence and overcome cognitive limitations by improving memory and focus.

AI & Machine LearningEnterprise SoftwareFuture of WorkHardware

Dan Siroker(Founder)in

Co-investorsAndreessen HorowitzFirst Round CapitalDaft CapitalDash VCEvolution VC PartnersMoxxie Ventures+7 more

Lovielovie.co

Lovie provides AI agents that automate company launch operations — incorporation, EIN registration, registered agent setup, and compliance — accessible through a conversation or a tool call from the founder's IDE.

AI & Machine LearningLegalTechSaaS

Co-investorsStreamlined VenturesVela Partners

MTCmastery.orgin𝕏

Mastery.org operates the Mastery Transcript, a competency-based alternative to traditional grade transcripts, and runs a consortium of schools that use it.

EdTechSaaS

Matt Sornson(Founder)inAaron Rasmussen(Co-founder)inScott Looney(Founder of MTC)

Co-investorsETS Strategic Capital

Nominalnominal.soin

Nominal provides AI agents that connect to a company's existing ERP and accounting systems to run accounting workflows such as month-end close, multi-entity financial consolidation, and intercompany processes.

AI & Machine LearningFintechSaaS

Co-investorsBling CapitalHyperwise VenturesNext47Vela PartnersFounders FundSequoia Capital

Opnovaopnova.aiin

Opnova provides AI-native identity governance for large enterprises, using AI agents that learn from video demos to govern disconnected applications (mainframes, Citrix, thick clients, legacy portals) without APIs or connectors.

AI & Machine LearningCybersecurityEnterprise Software

Sinan

Co-investorsFaberScaleX VenturesPreface Ventures

OwnIDownid.comAcquired

OwnID offers a fraud prevention and identity trust platform combining face liveness detection, a biometric fraud bureau of 170M+ identities, and passwordless multi-factor authentication.

AI & Machine LearningCybersecuritySaaS

Co-investorsCervinVela PartnersGTMfund

Percept.AIpercept.aiinacquired by Atlassian

Percept.AI builds AI systems that handle customer support interactions for businesses, using natural language processing to improve support team productivity and responsiveness.

AI & Machine LearningEnterprise SoftwareSaaSSan Francisco, US

Joe (Zhou) Sha(Founder/CEO)inDeyang (Derek) Zhao(Cofounder/CTO)inShuo Han(Founder)in

Co-investorsY CombinatorAmino CapitalHike Ventures

Phaidraphaidra.aiin

Phaidra develops an AI control platform that uses reinforcement learning to optimize energy efficiency and operational performance in data centers and AI factories.

AI & Machine LearningCloud ComputingDeep TechEnergySeattle, US

Jim Gao(Chief Executive Officer)inVeda Panneershelvam(Chief Technology Officer)inKatie Hoffman(President and Chief Operating Officer)inVedavyas Panneershelvam(Founder)in

Co-investorsCollaborative FundCool Climate CollectiveEast Valley VenturesFlying Fish VenturesIndex VenturesRoot and Shoot Ventures+8 more

Polymerpolymersearch.comin𝕏

Polymer is a no-code business intelligence and reporting platform that connects to e-commerce data sources like Shopify and Amazon to generate automated sales reports, dashboards, and AI-driven insights.

AI & Machine LearningData & InfrastructureE-commerceMarketing TechSaaSNew York City, US

Ashish Gupta(Founder)

Co-investorsEntrepreneurs Roundtable Accelerator (ERA)Flucas VenturesSierra VenturesSommet ABVela PartnersOceans Ventures

Promisestudiospromisestudios.comin𝕏

Promise Studios develops films, series, and new forms of entertainment using hybrid and fully generative-AI-powered productions.

AI & Machine LearningCreator EconomyMedia & Entertainment

ReFiBuyrefibuy.aiin𝕏Apr 2026

ReFiBuy provides a platform for optimizing product data and visibility across AI-driven shopping environments and agents.

AI & Machine LearningE-commerceEnterprise SoftwareMarketing TechRaleigh, US

M. Scot Wingo(Executive Officer, Director)Derek Lee Conlin(Executive Officer, Director)

BoardStefan Sterns(Director)

Co-investorsG20 VenturesKnoll VenturesVela PartnersCommerce VenturesIncubate FundNewRoad Capital Partners, LLC+2 more

Retrocausalretrocausal.aiin𝕏Nov 2023

Retrocausal develops AI-powered intelligence augmentation systems for manufacturing shopfloors, helping assembly operators, plant managers, and industrial engineers boost productivity, quality, and safety.

Advanced ManufacturingAI & Machine LearningEnterprise SoftwareIoTSeattle, US

Zeeshan Zia(Founder & CEO)Muhammad Zeeshan Zia(Executive Officer, Director, Promoter)Rick Faulk(Director)Quoc-Huy Tran(Director)

BoardKleida Martiro(Director)inBaiyin Murphy(Director)

Co-investorsAtland VenturesCapria VenturesDifferential VenturesGlasswing VenturesOne Way VenturesTechstars+4 more

Scribescribe.aiin𝕏

Scribe automatically captures how teams complete workflows and turns that institutional knowledge into documentation and context that both employees and AI tools/agents can use.

AI & Machine LearningFuture of WorkSaaS

Sunshinesunshine.comacquired by Dazzle AI

Sunshine was an AI-powered personal digital organization tool that has been acquired by Dazzle AI.

AI & Machine Learning

MarissaMarissa Mayer(Founder)in

Co-investorsNext Legacy PartnersUnusual VenturesWebb Investment Network

Tryratiotryratio.com
Vieuvieu.com

Seattle, US

Simon Skaria(Founder)

Co-investorsTrilogy Equity PartnersVela Partners

Voltvolt.aiin𝕏

VOLT AI is a video security platform that uses AI to analyze feeds from an organization's existing cameras to detect weapons such as guns and knives and identify other threats, alerting security teams and first responders within seconds.

AI & Machine LearningCybersecurityEdTechGovTechSaaSWashington, US

Egor O(Co-founder)Dmitry Sokolowski(Co-founder)inEgor Olteanu(Co-founder)Shannon(Marketing Leader)inJulia(Finance Leader)in

Co-investorsAbstract VenturesVela PartnersFuel CapitalFuel Ventures

Wave Onewave.one

Co-investorsIn-Q-TelVela Partners

Exits · 2

IPOs and acquisitions across the tracked portfolio

Percept.AIacq. by AtlassianSunshineacq. by Dazzle AI

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Incubate US made?
Incubate US has 34 tracked investments, 2 of which have exited via acquisition or IPO, including 2 dated in the last 24 months.
Where is Incubate US located?
Incubate US is headquartered in Los Altos, US.
Who does Incubate US co-invest with?
Incubate US most often shares deals with Vela Partners, Andreessen Horowitz, Dnx Ventures, among 71 tracked co-investors.

Images

Incubate US photo

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