What stage does Katalyst Ventures invest at?

Katalyst Ventures invests at the Pre-Seed, Seed, Series A, Late Stage stages.

What sectors does Katalyst Ventures focus on?

Katalyst Ventures focuses on AI & Machine Learning, Enterprise Software, Healthtech, SaaS.

Where is Katalyst Ventures located?

Katalyst Ventures is headquartered in San Francisco, US.

Does Katalyst Ventures lead rounds?

Katalyst Ventures typically participates in rounds rather than leading them.

Katalyst Ventures

Venture capital

San Francisco · Pre-Seed–Late Stage · 12 people tracked

Also known as KATALYST.VENTURES MANAGEMENT, LLC

★ Follow + Add to CRM ⤳ Find an introduction

✨ Fox Verdict

Investment thesis

The firm invests in entrepreneurs developing applied AI solutions across all growth stages. Beyond capital, the firm provides strategic expertise and operational support to help founders realize their vision.

Invests inAI & Machine Learning Enterprise Software Healthtech SaaSSan Francisco

Source: firm website, verified Aug 3, 2026.

Stage

Pre-Seed–Late Stage

San Francisco, US

Leads rounds

Follows

Founded

2018

Private fund assets

$225.5M

VC funds

Tracked investments

Team · 12 people

from the firm's website

Susan Choe· Founder + General Partner· San Francisco, California, United Statesin

Susan Choe is the Founder and Managing Partner at Katalyst.Ventures Management LLC, where she invests in data-driven platforms across digital health, fintech, logistics, and AI-driven enterprise operations. She brings more than 25 years of experience in software and technology, including roles in corporate development, venture capital, and as founder and CEO of Outspark, an online games publisher where she raised Series A, B, and C funding. Her prior experience includes joint venture partnerships, mergers and acquisitions work at Yahoo, and operating roles at online technology companies including Yahoo, DLJdirect, and NHN.

Allen Chan· Fund Finance· Atlanta Metropolitan Areain

Andrei Zmievski· Advisor· Seattle, Washington, United Statesin

Advisor since 2007; a PHP platform architect holding multiple patents for distributed PHP, with prior roles at AppDynamics, the PHP Group, Outspark, and Yahoo!.

Bev Carleton· Advisor· United Statesin

Advisor since 2018 specializing in talent acquisition across SaaS, sales, marketing, and technology; former talent executive at Salesforce, Google, LinkedIn, and Pinterest.

Bill Campbell· Advisor· New York, New York, United Statesin

Advisor since 2018 focused on investment, financing, and M&A strategy; former Chair of Visa International, former CEO of Citigroup's Global Consumer Business, and former Senior Advisor to JPMorgan Chase's Chairman/CEO.

Dick Barker· Advisor

Advisor since 2013; former Vice Chairman of the Board of Capital Group International, where he managed roughly US$300B in global AUM, and an early LP in Sequoia Ventures.

Dr. Andrew Shin· Advisor· Palo Alto, California, United Statesin

Advisor since 2018 with expertise in clinic operations, quality, and systems design at Stanford Children's Hospital; a pediatric cardiologist.

Jeannine Sargent· Advisor· Boca Raton, Florida, United Statesin

Operating executive with 30+ years of international management, M&A, and board experience; advisor to Generation Investment Management and Breakthrough Energy Ventures, and a director at Synopsys, Fortive, and Proterra.

Linda Crawford· Advisor· Charleston County, South Carolina, United Statesin

Advisor since 2018 focused on enterprise SaaS go-to-market strategy and scale; former Salesforce EVP and former Helpshift CEO, recognized among top SaaS CEOs.

Luc Suryo· Advisorin

Advisor since 2007; a network systems architect and cloud infrastructure expert with prior roles at AWS, Oracle, Machine Zone, Box, and Outspark.

Tom Tobiason· Advisor

Advisor since 2013; former Technology Corporate Partner at Orrick, Herrington & Sutcliffe with expertise in SEC matters, M&A, and IPOs.

Zak Stone· Advisor· San Francisco Bay Areain

Advisor since 2016 and a visual AI expert; founded Google's Cloud TPU (TensorFlow) business and the visual AI startup Perceptio, acquired by Apple in 2015.

What they invest in

from 6 of 15 portfolio companies

AI & Machine Learning ×4Digital Health ×2Healthtech ×2Mobility & Transportation ×2SaaS ×2Cloud Computing ×1Data & Infrastructure ×1Enterprise Software ×1

HQs:United States×5Japan×1

Investments · 15 tracked

founders shown can be your intro path

Arinearine.io

Arine provides an AI-driven medication management platform for health plans to improve medication adherence and outcomes.

AI & Machine LearningDigital HealthHealthtechSan Francisco, US

Yoona Kim(Executive Officer, Director)Ben Thomander(Executive Officer)Andrew Brooks(Director)Penjit Moorehead(Executive Officer, Director)Perry Wallack(Director)Eric Carlson(Chief Financial Officer)

PartnerSusan Choe· solo GP

Biiabiia.comin

PartnerSusan Choe· solo GP

Carta Healthcarecarta.healthcarein

Unable to determine company information; page contains only placeholder Lorem ipsum text.

AI & Machine LearningDigital HealthHealthtech

Betsy Castillo(Head of Clinical Data Abstraction)in

PartnerSusan Choe· solo GP

Docmatterdocmatter.com

San Francisco, US

Ross Jaffe(Director)Eric Applegate(Executive Officer, Director)David Applegate(Executive Officer, Director)

BoardSusan Choe(Director)

PartnerSusan Choe· solo GP

Flowcastflowcast.aiin 𝕏

PartnerSusan Choe· solo GP

Foxtrotsystemsfoxtrotsystems.comin 𝕏

PartnerSusan Choe· solo GP

Helpshifthelpshift.comin 𝕏

PartnerSusan Choe· solo GP

Hyperspec AIhyperspec.aiin

Hyperspec AI builds generative AI data pipelines and machine learning infrastructure that fuse LiDAR, camera, GPS, and IMU sensor data to produce real-time HD maps and 3D world models.

AI & Machine LearningData & InfrastructureMobility & TransportationWoodland, US

PartnerSusan Choe· solo GP

Kiikii.comin

Kii provides a backend platform for developing, scaling, and managing mobile and IoT applications with integrated analytics, push notifications, and social features.

Cloud ComputingEnterprise SoftwareIoTSaaSTokyo, JP

PartnerSusan Choe· solo GP

Pathoverpathover.com

PartnerSusan Choe· solo GP

Pensarlearningpensarlearning.com

PartnerSusan Choe· solo GP

TeamOhanateamohana.comin 𝕏

TeamOhana provides a workforce intelligence platform that connects Finance, Talent, and HR teams around headcount data, using AI to support hiring, forecasting, and headcount budget management.

AI & Machine LearningHR TechSaaSSan Francisco, US

Baishampayan Ghose(Executive Officer, Director, Promoter)Tushar Makhija(Executive Officer, Director, Promoter)

BoardVignesh Ravikumar(Director)Ram Gupta(Director)

PartnerSusan Choe· solo GP

Techradartechradar.com

PartnerSusan Choe· solo GP

Treasuretreasurefi.comin 𝕏

PartnerSusan Choe· solo GP

Ziplineflyzipline.comin 𝕏

Zipline operates a drone delivery service for rapid order fulfillment, with a focus on maintaining product temperature integrity during transit.

Logistics & Supply ChainMobility & TransportationSan Francisco, US

Keller Rinaudo Cliffton(Founder & CEO)in

PartnerSusan Choe· solo GP

Frequently asked questions

What stage does Katalyst Ventures invest at?: Katalyst Ventures invests at the Pre-Seed, Seed, Series A, Late Stage stages.
What sectors does Katalyst Ventures focus on?: Katalyst Ventures focuses on AI & Machine Learning, Enterprise Software, Healthtech, SaaS.
Where is Katalyst Ventures located?: Katalyst Ventures is headquartered in San Francisco, US.
Does Katalyst Ventures lead rounds?: Katalyst Ventures typically participates in rounds rather than leading them.

Media · Podcasts & interviews

featuring the team

How can you get your first time fund on the road in today's market? - Susan Choe, Katalyst Ventures

SuperReturnTV · Susan Choe

How I Raised My First First Dollar with Susan Choe | Katalyst Ventures | Part 5

BAM · Susan Choe

Similar investors

B Capital Group

B Capital Group is a global venture capital firm that backs founders from early to late stage, with dedicated stage-based funds and a portfolio spanning technology, healthcare, and energy and resilience sectors.

$10M – $50M

DCVC (Data Collective)

DCVC (Data Collective) is a venture capital firm that backs founders building companies which apply technology to major challenges across areas such as energy, biotech, agriculture, and machine learning.

$5M – $25M

Khosla Ventures

Khosla Ventures is a venture capital firm known for backing bold, contrarian bets in world-class teams that can reshape entire industries.

$5K – $50M

Kleiner Perkins

Kleiner Perkins is a venture capital firm that backs founders across technology and life sciences, with a portfolio of companies from early stage through growth.