Fundraising Fox

Liquid Ventures

Venture capitalActively deploying

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

Also known as LIQUID 2 VENTURES, LLC

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Investment thesis

Liquid 2 backs exceptional founders to build lasting companies through experience, community, and capital. The firm operates two funds: an early-stage fund investing at the pre-seed and seed stages, and a growth-stage fund starting at Series B. As generalists with diversified expertise, they invest across all technology sectors. Portfolio founders gain access to a broad network of insiders and a team of proven operators offering guidance across the company's entire lifetime. The firm highlights a track record that includes 30+ unicorns and over $100B in combined enterprise value.

Source: firm website, verified Aug 11, 2026.

Stage
Pre-Seed–Late Stage
Check
$250K – $5M
HQ
San Francisco, CA, US
Leads rounds
Follows
Instruments
Equity
Founded
2015
AUM
$40M
VC funds
7
Tracked investments
17

Team · 12 people

from the firm's website & public directories

What they invest in

from 14 of 17 portfolio companies

Enterprise Software ×9SaaS ×7AI & Machine Learning ×6Advanced Manufacturing ×4Deep Tech ×4Developer Tools ×2Fintech ×2Future of Work ×2

HQs:United States×13

Investments · 17 tracked

founders shown can be your intro path
GitLabgitlab.comin𝕏NASDAQ: GTLB

GitLab is an intelligent orchestration platform for DevSecOps that enables teams and AI agents to collaborate on the full software development lifecycle, from planning through deployment, with integrated security and compliance capabilities.

AI & Machine LearningCybersecurityDeveloper ToolsEnterprise SoftwareSan Francisco, US

Sid Sijbrandij(Founder/CEO)inDmytro Zaporozhets(Founder/CTO)inPaul Machle(Executive Officer)Dmitriy Zaporozhets(Cofounder)

BoardBruce Armstrong(Director)

8Flow8flow.aiinApr 2022✓ verified

8Flow builds an enterprise workflow platform that gives business leaders a real-time view of their operations along with contextual information to support decision-making.

AI & Machine LearningEnterprise SoftwareSaaSSan Mateo, US

Boaz Hecht(Executive Officer, Director, Promoter)

Adyton PBC

Frisco, US

James Alexander Boyd(Executive Officer, Director)Joshua James Wilson(Executive Officer, Director)

BoardMorgan Hitzig(Director)

Andurilanduril.com

Anduril Industries is a defense technology company that builds autonomous systems and AI-powered software for the United States and allied militaries.

AI & Machine LearningDeep TechFintechGaming

Palmer Luckey(Founder)Brian Schimpf(CEO)in

Applied Intuitionappliedintuition.comin𝕏

Applied Intuition develops physical AI software for autonomous and intelligent machines, including vehicles, robots, ships, and satellites across industries like automotive, defense, logistics, and manufacturing.

AI & Machine LearningDeep TechEnterprise SoftwareRoboticsSunnyvale, US

Qasar Younis(Co-founder and CEO)Peter Ludwig(Co-founder and CTO)

Astranisastranis.comin𝕏

Astranis manufactures small, high-powered geosynchronous satellites equipped with advanced digital processing technology for global telecommunications and connectivity services.

Advanced ManufacturingDeep TechHardwareSpace TechSan Francisco, US

John Gedmark(Founder/CEO)inRyan McLinko(Founder/CTO)in

Athelasathelas.comin𝕏Jan 2022

Athelas develops software tools for private practice healthcare providers to reduce administrative burden, improve operational efficiency, and enhance patient scheduling and navigation capabilities.

AI & Machine LearningEnterprise SoftwareHealthtechSaaSSan Francisco, US

Deepika Bodapati(Founder)inTanay Tandon(Founder)in

BoardHemant Taneja(Director)

Bear Flag Roboticsbearflagrobotics.comin𝕏acquired by John Deere

Bear Flag Robotics developed autonomous technology for farming before being acquired by John Deere in 2021.

Advanced ManufacturingAgTechRoboticsNew York City, US

Igino Cafiero(Founder/CEO)inAubrey Donnellan(Founder)in

Jasper.aijasper.aiin𝕏May 2022

Jasper provides an AI-powered platform for marketers and creators to generate and refine content.

AI & Machine LearningCreator EconomyEnterprise SoftwareMarketing TechSaaSAustin, US

Chris Hull(Founder/Vice President of Customer Success)inJP Morgan(Founder/CTO)inDave Rogenmoser(Founder)inJohn Philip Morgan(Executive Officer, Director, Promoter)Shane Orlick(Executive Officer)Jeffrey Horing(Director)

Keplercomputekeplercompute.com
Mercurymercury.comin𝕏

Mercury provides a banking platform for entrepreneurs and startups that integrates checking, savings, credit, debit cards, payments, invoicing, bill pay, and cash flow management in a single interface.

Enterprise SoftwareFintechSaaSSector Agnostic

Immad Akhund(Founder & CEO)in

Remoteremote.comin𝕏
Retoolretool.comin𝕏

Retool is a platform for building and governing internal tools, admin panels, and dashboards across teams.

Data & InfrastructureDeveloper ToolsEnterprise SoftwareFuture of WorkSaaSSan Francisco, US

David Hsu(Founder/CEO)in

Ripplingrippling.comin𝕏

Rippling is a workforce management platform that unifies HR, IT, finance, and employee data across a business.

Enterprise SoftwareFuture of WorkHR TechSaaSSan Francisco, US

Parker Conrad(Founder/CEO)inPrasanna S(Founder/CTO)in

Solugensolugen.comin𝕏

Solugen develops a biomanufacturing platform using fermentation and bioprocessing technology to produce specialty chemicals at scale.

Advanced ManufacturingBiotechCleantechClimate TechHealthtechHouston, US

Sean Hunt(Founder/CTO)inGaurab Chakrabarti(Founder)in

BoardSeth Bannon(Director)

Stoke Spacestokespace.comin𝕏

Stoke Space develops fully reusable rockets for space transportation and mobility services.

Advanced ManufacturingDeep TechHardwareSpace TechSeattle, US

Andy Lapsa(Founder)inTom Feldman(Founder)inKelly Hennig(Executive Officer)

BoardChristian Garcia(Director)Phil Harris(Director)Morgan Beller(Director)

Vetcovevetcove.comin𝕏

Vetcove provides a purchasing platform that helps veterinary clinics compare prices across vendors and manage inventory.

B2B MarketplacesE-commerceEnterprise SoftwareLogistics & Supply ChainMarketplacesRetail TechSaaSMiami, US

Alex Kates(Founder/CEO)inMitchell Kates(Founder/Tech)in

Exits · 2

IPOs and acquisitions across the tracked portfolio

GitLabNASDAQ: GTLBBear Flag Roboticsacq. by John Deere

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does Liquid Ventures invest at?
Liquid Ventures invests at the Pre-Seed, Seed, Series A, Series B, Growth, Late Stage stages.
What is Liquid Ventures's typical check size?
Liquid Ventures typically writes checks of $250K – $5M.
What sectors does Liquid Ventures focus on?
Liquid Ventures focuses on Crypto & Web3, Data & Infrastructure, Deep Tech, Fintech, Impact & Social Good, SaaS, Sector Agnostic.
Where is Liquid Ventures located?
Liquid Ventures is headquartered in San Francisco, US.
Does Liquid Ventures lead rounds?
Liquid Ventures typically participates in rounds rather than leading them.

Images

Liquid Ventures photo

Co-investors · 195

SV Angel

SV Angel is an investment firm that partners with and supports founders building transformative companies, providing long-term backing and close advisory relationships.

Andreessen Horowitz

Andreessen Horowitz's Strategic Partnerships page describes collaborations that connect its portfolio companies with established institutions to help scale and deploy their technology.

$500K – $50M
BoxGroup

BoxGroup is an early-stage venture capital firm that invests in startups at their earliest stages.

$1M
Coatue Management

Coatue Management is a technology-focused investment firm that invests across both public and private markets, with an active private portfolio of over 250 tech companies.

$1M – $20M
Standard Capital

Standard Capital leads Series A rounds in top post-product-market-fit startups through a fast application and interview process, taking a minimum 10% ownership without board seats and supporting founders via cohort-based group office hours in San Francisco.

Sequoia Capital

Sequoia Capital is a venture capital firm that partners with founders to build technology companies, with a strong current focus on artificial intelligence.

$4.4M – $214M
General Catalyst

General Catalyst is a venture capital and investment firm that backs founders across industries, with a strong focus on AI-driven transformation, fintech, healthcare, and other sectors.

$30M
Founders Fund

Founders Fund is a venture capital firm that invests in companies building transformative technologies across defense, space, data analytics, and other frontier sectors.

$500K – $5M
FundersClub

FundersClub is an online venture capital firm run by startup founders and VCs based in Silicon Valley, providing portfolio companies with software tools and a global network to support their growth.

$250K – $5M
Lux Capital

Lux Capital's portfolio page showcasing select companies across science and technology sectors including AI infrastructure, aerospace, biotech, and productivity software.

$100K – $100M
Fifty Years

Fifty Years is a pre-seed and seed focused venture capital firm that backs founders using technology to solve major global problems, and also helps start companies.

$250K – $2M
Khosla Ventures

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

Both backed · 2
$5K – $50M
183 more co-investors

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

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