Fundraising Fox

Path Ventures

Venture capital

San Mateo · Pre-Seed–Series A · 1 people tracked

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Investment thesis

Path Ventures is a boutique pre-seed firm founded in 2020 that provides first checks typically ranging from $100K to $300K to early-stage founders. It targets post-money valuations between $4M and $10M and usually invests as the 2nd or 3rd largest check in a round, though it can set terms and lead smaller rounds. Most deals are done via standard post-money SAFEs, with priced equity for larger raises. The majority of the fund is deployed as first checks, with occasional follow-ons or SPVs. Though a generalist, the firm is currently drawn to fintech, enterprise SaaS, consumer tech, proptech, and legaltech, primarily in the US and Canada.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Series A
Check
$100K – $300K
HQ
San Mateo, California, US
Leads rounds
Follows
Instruments
Equity
Founded
2020
Tracked investments
30

Team · 1 people

from public directories

What they invest in

from 23 of 30 portfolio companies

SaaS ×12AI & Machine Learning ×11Consumer ×5Fintech ×4Enterprise Software ×3PropTech ×3B2B Marketplaces ×2Construction Tech ×2

HQs:United States×13

Who they back

founder profiles across 16 portfolio companies
50%
solo founders
8 of 16 mapped founding teams
30%
repeat founders
of 10 founders with career history

Founding team size:solo founder×82 founders×73 founders×1

Where their founders studiedfrom 10 founders with education data

Harvard Business School ×2Stanford University ×2

Where their founders worked beforefrom 10 founders with career history

Affirm ×2

Investments · 30 tracked

founders shown can be your intro path
Abstractabstract.usin𝕏

Abstract builds an AI-powered policy intelligence platform that tracks and interprets legislation and regulatory changes in real time.

AI & Machine LearningGovTechLegalTechSaaSNew York, US

Pat Utz(Founder)in

PartnerBilly Draper· solo GP

Co-investorsAspira CapitalBonfire VenturesCommunitas Capital PartnersHawk Hill VenturesAtlantic Vantage PointCheyenne Ventures+3 more

Airvetairvet.com

Beverly Hills, US

Brandon Werber(Executive Officer, Director)Eliyahu Ben-Ezra(Executive Officer)Roy Rubin(Director)Asher Leids(Director)

BoardWilliam Su(Director)David Shadpour(Director)

PartnerBilly Draper· solo GP

Co-investorsCanvas VenturesHawke VenturesMountain Group CapitalStarting Line75 & SunnyBracket Capital+3 more

Autopilot

PartnerBilly Draper· solo GP

Bettermodebettermode.comin𝕏

Bettermode is a no-code community platform that enables teams to build, manage, and measure community engagement.

Marketing TechSaaS

Mo Malayeri(Founder)in

PartnerBilly Draper· solo GP

Co-investorsBessemer Venture PartnersCRV (Charles River Ventures)Inovia CapitalN49P

Birdwatchbirdwatch.comin

Birdwatch is a home maintenance and management service that handles upkeep tasks such as cleaning gutters and fixing toilets for homeowners.

ConsumerMarketplacesPropTech

Ryan Troll(Founder)in

PartnerBilly Draper· solo GP

Co-investorsSocial Leverage

Consensusconsensus.app

Christian Salem(Founder)in

PartnerBilly Draper· solo GP

Co-investorsAlbum VCDraper AssociatesNight CapitalPrime VenturesUnion Square Ventures (USV)Winklevoss Capital

Consensus NLP

Boston, US

Christian Salem(Executive Officer, Director)Eric Olson(Executive Officer, Director)

Co-investorsAlumni VenturesDraper Associates

Copilotcopilot.moneyin𝕏

Copilot Money is a personal finance app for iPhone, iPad, Mac, and web that automatically tracks a user's bank accounts, spending, budgets, investments, and net worth.

AI & Machine LearningConsumerFintechChicago, US

PATRICK G. RYAN(CHIEF EXECUTIVE OFFICER/FOUNDER AND DIRECTOR)Andres Ugarte(Founder)ROBERT LEVIN(CHIEF FINANCIAL OFFICER)

PartnerBilly Draper· solo GP

Co-investorsFinancial Venture StudioLudlow VenturesPathlight VenturesRestive VenturesShrug Capital

Corcacorca.io𝕏

Corca is a math editor that lets users type equations without syntax or coding, using a search-like input for symbols such as roots and integrals.

EdTechSaaS

PartnerBilly Draper· solo GP

Co-investorsBloomberg Beta

Eatpopcheweatpopchew.com

PartnerBilly Draper· solo GP

Co-investorsUnanimous Capital

Eded.link

Edlink provides a unified API that lets edtech companies build and maintain integrations with school and university systems, including major LMS, SIS, and identity providers.

Data & InfrastructureDeveloper ToolsEdTechSan Francisco, US

PartnerBilly Draper· solo GP

Co-investorsAllied Venture PartnersFirebrand VenturesWorkshop Venture Partners

Edlink

PartnerBilly Draper· solo GP

Fractionalfractional.appin𝕏

A financial technology platform that enables fractional home ownership through partnerships with payment processors and banking services.

B2B MarketplacesFintechFuture of WorkPropTechSan Francisco, US

Stella Han(Founder)inCarlos Treviño(Founder)in

PartnerBilly Draper· solo GP

Co-investorsContraryDreamers VCLeft Lane CapitalOutbound VenturesY CombinatorTwenty Two Ventures

Gearflowgearflow.comin

Gearflow is an AI-powered procurement platform for fleet teams, letting them report equipment needs, route request workflows, and source parts, service, equipment, and freight from vendors.

AI & Machine LearningB2B MarketplacesConstruction TechLogistics & Supply ChainSaaSChicago, US

Luke Powers(Executive Officer, Director)Benjamin Preston(Director)

BoardGreg Owens(Director)Austin Yount(Director)inPatrick Dillingham(Director)

PartnerBilly Draper· solo GP

Co-investorsBrick Mortar VenturesChicago Early Growth Ventures (CEGV)NVP CapitalWatchfire VenturesNewark Venture Partners

Helloslanghelloslang.comin

Slang AI is a voice AI phone-answering platform for restaurants that answers inbound calls, responds to guest inquiries, manages reservations, and routes VIP or high-priority calls to staff.

AI & Machine LearningFoodTechSaaS

PartnerBilly Draper· solo GP

Joinautopilotjoinautopilot.com𝕏

Autopilot is an investing app that lets users pick a curated portfolio (such as trackers following notable investors or fund managers) and connect their brokerage account, after which trades are executed automatically.

ConsumerFintechSaaS

PartnerBilly Draper· solo GP

Co-investorsEvolution VenturesNomad Venture Partners, LlcToba CapitalTTV Capital

JustPointjustpoint.comin

JustPoint aggregates health and safety data from proprietary sources and government agencies and applies AI to detect data gaps and surface health risks that may be incomplete or delayed in disclosure.

AI & Machine LearningData & InfrastructureHealthtechBoulder, US

Victor Bornstein, PhD(Founder)in

PartnerBilly Draper· solo GP

Co-investorsAcross Capital PartnersAmino CapitalBeresford VenturesBeyond CapitalDeep AcreHoneystone Ventures+5 more

Linalina.coin

Lina offers private, customizable clinical and office spaces for healthcare practitioners and groups, available for lease long-term or booked by the day or hour.

HealthtechPropTech

PartnerBilly Draper· solo GP

Co-investorsMSW CapitalUpper90Bloomberg Beta

Modalicmodalic.comin𝕏

Modalic builds unmanned aerial systems (UAS) and autonomous "mothership" platforms that extend the range of AI-powered drone swarms and enable real-time multi-domain missions.

AI & Machine LearningDefense TechRobotics

PartnerBilly Draper· solo GP

Monumentalmonumentallabs.coin𝕏

Monumental Labs develops an AI-powered robotic fabrication platform for automating stone carving and sculpture production, serving architects and builders.

Advanced ManufacturingAI & Machine LearningConstruction TechHardwareNew York City, US

Micah Springut(Founder & CEO)inSebastian Marino(CTO)

PartnerBilly Draper· solo GP

Co-investorsSeven Seven SixIceNineMythos Ventures Management, LlcShadow VenturesKhosla VenturesPlural

Palmgetpalm.comin

Palm provides an identity verification and management platform for business identity verification and compliance.

Enterprise SoftwareSaaS

PartnerBilly Draper· solo GP

Co-investorsBetter Tomorrow VenturesGrand VenturesMGV.VC

Parallelgetparallel.comin

Parallel is a financial forecasting tool for startup founders that connects to accounting software like QuickBooks Online and Puzzle to automatically build a live model of runway, burn, and revenue.

Enterprise SoftwareFintechSaaS

PartnerBilly Draper· solo GP

Rosy Soilrosysoil.comin

Rosy Soil makes a peat-free potting soil built on a patented biochar blend with ingredients like mycorrhizae, worm castings, compost, pine bark fines, and diatomaceous earth.

AgTechConsumerDirect to Consumer

Chad(Founder)

PartnerBilly Draper· solo GP

Co-investorsAP VenturesDraper AssociatesGATHER VENTURESPure VenturesRodeo Partners

SendSparksendspark.comin𝕏

Sendspark is a video platform that enables sales teams to create and send personalized video emails at scale using AI, with features for recording, customization, and viewing analytics.

AI & Machine LearningMarketing TechSaaSSales Tech

Bethany StachenfeldBrandon Escalante

PartnerBilly Draper· solo GP

Co-investors500 GlobalPurple Sage VenturesRoot and Shoot VenturesBrickyard

Slangslang.aiin𝕏

Slang AI provides a voice AI platform for full-service restaurants to answer calls, book reservations, and handle inquiries 24/7 with customized, warm service.

AI & Machine LearningHR TechSaaSNew York City, US

Alex Sambvani(Founder and CEO)inGabe(Co-founder)

PartnerBilly Draper· solo GP

Co-investorsHomebrewStage 2 CapitalTechstarsThayer VenturesUnderscore VCUS Venture Partners+2 more

Spellbookspellbook.legalin𝕏

Spellbook develops AI-powered software for lawyers that integrates directly into Microsoft Word to automate contract drafting and review.

AI & Machine LearningLegalTech

Scott Stevenson(Founder)inDaniel Di Maria(Founder)inMatt Mayers(Founder)

PartnerBilly Draper· solo GP

Co-investorsBling CapitalConcrete VenturesGood News VenturesInovia CapitalKhosla VenturesKillick Capital+5 more

Twigtwig.soin𝕏

Twig is an autonomous AI support platform that triages, self-evaluates, and resolves Tier 1 customer support tickets, integrating with helpdesk tools such as Zendesk, Salesforce, and Intercom.

AI & Machine LearningEnterprise SoftwareSaaSSales TechSan Francisco Bay Area, US

Chandan Maruthi(Founder & CEO)in

PartnerBilly Draper· solo GP

Ursa Majorursamajorvt.com

Ursa Major is a skincare brand that makes face and body products—including cleansers, serums, moisturizers, and deodorants—formulated with plant-based ("forest-found") active ingredients.

ConsumerDirect to ConsumerE-commerce

PartnerBilly Draper· solo GP

Co-investorsVermont Center for Emerging Technologies (VCET)

Zencastrzencastr.comin𝕏

Zencastr provides audio and video recording and editing tools for podcasters and content creators.

Creator EconomyMedia & EntertainmentSaaS

PartnerBilly Draper· solo GP

Co-investorsForward Venture CapitalSupermorpheusKickstart

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Path Ventures made?
Path Ventures has 29 tracked investments.
What stage does Path Ventures invest at?
Path Ventures invests at the Pre-Seed, Seed, Series A stages.
What is Path Ventures's typical check size?
Path Ventures typically writes checks of $100K – $300K.
What sectors does Path Ventures focus on?
Path Ventures focuses on Consumer, Enterprise Software, Fintech, LegalTech, PropTech, SaaS, Sector Agnostic.
Where is Path Ventures located?
Path Ventures is headquartered in San Mateo, US.
Does Path Ventures lead rounds?
Path Ventures typically participates in rounds rather than leading them.
Who does Path Ventures co-invest with?
Path Ventures most often shares deals with Draper Associates, Inovia Capital, Night Capital, among 84 tracked co-investors.

Images

Path Ventures photo

Co-investors · 11

Alumni Ventures

Alumni Ventures (AV) is a venture capital firm that co-invests alongside lead VCs in startups, backing founders with capital and access to a large investor and operator community.

Both backed · 1
$100K – $10M
Winklevoss Capital

Winklevoss Capital is an investment firm that backs founders working on hard problems in critical, frontier technology domains.

Both backed · 1
Consensus
$100K – $5M
Ludlow Ventures

Ludlow Ventures is an early-stage venture capital firm founded in 2010, known for a people-first investment approach centered on building close relationships with founders.

Both backed · 1
$50K – $1M
Lightspeed Venture Partners

Lightspeed is a global venture capital firm that has spent over two decades backing innovative companies as an early and first investor.

$1.7M – $87M
SV Angel

SV Angel is a firm that has backed startup founders since the 1990s, leveraging a large network of founders, industry leaders, and regulators to support portfolio companies.

Uber

Uber is a technology company operating multisided platforms that connect consumers with ride services, transit, delivery of food and groceries, and freight shipping across more than 70 countries and 15,000+ cities.

Kraken

Kraken is a cryptocurrency exchange operating since 2011, offering crypto trading along with related services such as margin trading, staking, derivatives, and (in the US) equities brokerage through Kraken Securities LLC.

FundersClub

FundersClub is an online venture capital firm and startup investing platform that gives accredited investors access to vetted early-stage startups from Silicon Valley and beyond.

$250K – $5M
8090 Industries

8090 Industries is an investment firm that partners with established industrial companies to invest in and accelerate the next generation of category-leading industrial businesses.

Alchemist Accelerator

Alchemist Accelerator runs a six-month program for technical founders building enterprise-focused AI-SaaS and deeptech companies, providing coaching, mentorship, commercialization support, and access to Silicon Valley investors.

$30K

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

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