Fundraising Fox
Practical Venture Capital
Venture capitalSilicon Valley · Growth–Late Stage · 7 people tracked
Also known as PRACTICAL VC INVESTMENT ADVISOR, LLC
Find your way into Practical Venture Capital
6,305 people in our graph share verified history with the Practical Venture Capital team — schools, employers, funds. One of them is your warm intro.
Investment thesis
PVC pursues a 'Skip the J-Curve' strategy centered on the venture secondary market. Rather than backing early-stage startups, it buys LP and GP fund interests and direct secondary stakes in mature private companies that are typically 5-10 years old, after winners have emerged and weaker companies have been written down. Through its PVC-3 Halftime Fund, it offers LPs discounted access (typically 20-50% discounts) to proven, established companies and unicorns with anticipated liquidity via exits or IPOs within 3-5 years, effectively halving the usual 10-15 year VC holding period and reducing early-stage risk.
Source: firm website, verified Sep 29, 2026.
Team · 7 people
from the firm's website
Founder mafia
2 people who came through Practical Venture Capital went on to found or lead other companies.
What they invest in
from 11 of 13 portfolio companiesSaaS ×5Developer Tools ×4Fintech ×4AI & Machine Learning ×3Enterprise Software ×3Data & Infrastructure ×2Marketplaces ×2AgTech ×1
HQs:United States×10Australia×1Brazil×1Canada×1
Investments · 13 tracked
founders shown can be your intro pathBy year:2021 · 22019 · 12017 · 14 dated
Revolutionizing space technology to make life multi-planetary
Hawthorne, US
Elon Musk(Founder, CEO & Chief Engineer)inBret Johnsen(Executive Officer)inGwynne Shotwell(Executive Officer, Director)
BoardAntonio Gracias(Director)inSteve Jurvetson(Director)inDonald Harrison(Director)
Co-investors1/1 Capital137 Ventures2080 Ventures3Spoke Capital4DX Ventures7BC Venture Capital+165 more
Anduril builds autonomous systems and software for defense and military applications, including attack aviation, unmanned aircraft, and underwater vehicles, unified by an autonomy platform.
AI & Machine LearningDefense TechHardwareRobotics
Palmer Luckey(Founder)inBrian Schimpf(CEO)inTrae Stephens(Founder)in
Co-investors137 Ventures1435 Capital1Flourish Capital8VCAltra VentureAndreessen Horowitz+90 more
Design platform; Blackbird invested when it was just an idea and in every round since.
SocialSurry Hills, Nsw, AU
Melanie Perkins(Co-founder & CEO)inClifford Obrecht(Executive Officer, Director)Cliff Obrecht(Co-founder & COO)inCameron Adams(Co-founder & CPO)inIan LeeJeffrey Story
Co-investors3Spoke Capital500 GlobalAirTree VenturesAlkeon InnovationAlpha Square GroupAltra Venture+47 more
Cohere builds foundational AI models and enterprise solutions that help businesses automate tasks, accelerate workflows, and enhance decision-making.
AI & Machine LearningDeep TechDeveloper ToolsEnterprise SoftwareSaaSToronto, CA
Aidan Gomez(Co-founder & CEO)Ivan Zhang(Co-founder)inNick Frosst(Co-founder)in
Co-investorsAccess Ventures (New York)Advaita CapitalAju IB Invesment CorporationAlumni VenturesBasecamp FundCastor Ventures+25 more
EquityZen operates an online marketplace that gives accredited individual investors access to shares in late-stage private companies through secondary market transactions.
FintechMarketplacesPropTechNew York, US
Atish Davda(Executive Officer, Director)inShriram Bhashyam(Executive Officer, Director)inPhil Haslett(Executive Officer, Director)in
Co-investors500 GlobalAmino CapitalClick VenturesDraper AssociatesKhosla VenturesKima Ventures+5 more
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Mercury is an investor database listing venture capital investors and their sector focus areas.
Data & InfrastructureEnterprise SoftwareFintechSaaSSector AgnosticSan Francisco, US
Immad Akhund(Founder & CEO)inJason Zhang(Co-Founder and Chief Operating Officer)inMax Tagher(Co-Founder and Chief Technology Officer)in
BoardTom Brown(Director)Saar Gur(Director)inSonya Huang(Director)in
Co-investors500 GlobalAndreessen HorowitzAngel Collective Opportunity FundBetter Tomorrow VenturesBuilders + BackersChapter One+41 more
Mottu is a motorcycle rental service that allows users to rent motorbikes for short-term urban mobility.
B2B MarketplacesLogistics & Supply ChainMarketplacesMobility & Transportation
Co-investorsAllievo CapitalCaravela CapitalLinkinFirmQED InvestorsFormus Capital
NEXT Insurance (ERGO NEXT) sells small-business insurance online, including general liability policies with product liability coverage for retailers, online sellers, wholesalers, and product makers.
FintechInsurTechSaaSPalo Alto, US
Guy GoldsteinAlon HuriinNissim Tapiro(Founder)in
BoardNick Shalek(Director)inEitan Bek(Director)inMatthew McElhattan(Director)
Co-investors1435 CapitalAllianz XBattery VenturesCapitalGG SquaredGroup 11+34 more
Quicknode provides blockchain infrastructure services that enable developers and enterprises to build and deploy decentralized applications across multiple blockchains.
Crypto & Web3Data & InfrastructureDeveloper ToolsEnterprise SoftwareSaaSMiami, US
Dmitry Shklovsky(Co-Founder)inManuel Kreutz(Co-Founder)inAlexander Nabutovsky(Founder)inAlex Nabutovsky(Co-Founder & CEO)
Co-investorsY Combinator10T FundAngel Collective Opportunity FundArrington CapitalLG Technology VenturesOpen Opportunity Fund+12 more
Stripe provides financial infrastructure for businesses to accept payments, offer financial services, and implement custom revenue models across international markets in 135+ currencies.
Developer ToolsFintechSaaSSan Francisco, US
John Collison(Co-founder & President)inPatrick Collison(Co-founder & CEO)inWilliam Gaybrick(Executive Officer)inGreg Brockman(Founding Engineer, then first CTO)inSarah Heckin
BoardMichael Moritz(Director)in
Co-investors1435 Capital500 GlobalAdvaita CapitalAglae VenturesAir Street CapitalAlkeon Innovation+81 more
Terraformation develops technology and operational expertise to restore forests and combat climate change at scale.
AgTechCleantechClimate TechImpact & Social GoodKamuela, US
Yishan Wong(Executive Officer, Director)inMax Altman(Director)
BoardSteve Jang(Engineer and climate activist)
Co-investorsBrighter CapitalKnockout CapitalAPOLLO PROJECTSLocus VenturesLombardstreet Ventures
Huntsville, US
Rachael Marie Jackson(Executive Officer, Director)Richard Holloway(Director)Robert Thurber(Director)Lee Dannelly(Executive Officer, Director)David Kingsbury(Executive Officer, Director)Daniel Windham(Director)
Co-investorsAGE CryptoCOTU VenturesDigital Currency Group
Vercel is an infrastructure platform for building and deploying applications, with emerging support for agentic capabilities that allow AI agents and humans to collaborate in software development.
AI & Machine LearningCloud ComputingDeveloper ToolsSan Francisco, US
Guillermo Rauch(Founder & CEO)in
BoardGeoff Lewis(Director)inDaniel Levine(Director)inReid Christian(Director)in
Co-investors8VCAccelBedrockBeyond CapitalCoatue ManagementCold Start Ventures+29 more
Exits · 2
1 IPOs · 1 acquisitionsPortfolio news
latest coverage across their companies
Anduril · geekwire.com · Jul 24, 2026
Mercury · thesaasnews.com · Jul 8, 2026
Stripe · techcrunch.com · Feb 24, 2026
EquityZen · help.equityzen.com · Feb 19, 2026
Frequently asked questions
- How many investments has Practical Venture Capital made?
- Practical Venture Capital has 13 tracked investments, 2 of which have exited.
- What stage does Practical Venture Capital invest at?
- Practical Venture Capital invests at the Growth, Late Stage stages.
- What sectors does Practical Venture Capital focus on?
- Practical Venture Capital focuses on Deep Tech, Sector Agnostic.
- Where is Practical Venture Capital located?
- Practical Venture Capital is headquartered in Silicon Valley, US.
Media · Podcasts & interviews
featuring the teamStartup Istanbul Interview - Dave McClure - Founder of Practical Venture Capital, 500 Startups
Startup Istanbul · Dave McClure
Images
Co-investors · 142
Coatue Management is a technology-focused investment firm that invests in innovation across both public and private markets with responsible risk management.
Andreessen Horowitz (a16z) is a venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz, known for pioneering the platform model with a large team of operators supporting founders across stages.
Founders Fund is a venture capital firm that backs technology companies building transformative products.
Khosla Ventures is a venture capital firm that backs bold, early-stage, technology-driven companies across deep tech and other sectors, providing hands-on 'venture assistance' to help founders build category-defining businesses.
500 Global (formerly 500 Startups) is a venture capital firm whose flagship Silicon Valley strategy backs promising technology companies from pre-seed onward across a range of sectors and geographies.
Long Journey Ventures is an early-stage venture firm that backs unconventional, 'magically weird' founders and ideas, positioning itself as a hands-on, community-oriented partner to its companies.
Felicis is a venture capital firm that backs early-stage founders, investing primarily at Seed and Series A across artificial intelligence, cybersecurity and defense, global resilience and energy, and health and bio.
Altos Ventures is a venture capital firm that describes its investment philosophy through the metaphor of the Fox and the Hedgehog, favoring focused, persistent, single-minded founders ('Hedgehogs') who build great, lasting companies over long horizons.
Since 1999, Redpoint Ventures has partnered with visionary founders to create new markets and redefine existing ones. The firm invests early in startups building category-defining companies, from AI and infrastructure to security. Redpoint has backed hundreds of companies, including Netflix, Snowflake, Stripe, Ramp, Twilio, Ramp, and Hims, and today backs the next generation of AI leaders like OpenAI, Legora, Modal, Abridge and Physical Intelligence. Redpoint is based in San Francisco and has offices in New York City and Woodside. For more information visit: http://www.redpoint.com/
CRV is a venture capital firm that backs founders at the seed and Series A stages, focusing on those with deep conviction and unique insights.
FirstMark Capital is a venture capital firm that backs founders and accelerates them through a platform providing access to networks, customers, and top talent.
▶130 more co-investors
SciFi VCThrive CapitalGV (Google Ventures)Bessemer Venture PartnersFJ LabsBoxGroupSpark CapitalUnion Square Ventures (USV)Battery VenturesStreamlined VenturesInovia CapitalRibbit CapitalLowercase CapitalSherpalo VenturesShasta VenturesTSVCMS&AD VenturesDigital Currency GroupLocus VenturesRecursive VenturesCapital FactoryCrunchFundLombardstreet VenturesJigsaw VCAlsop Louie PartnersTechstarsUncork CapitalFirst Round CapitalDCVC (Data Collective)KrakenTrue VenturesDST GlobalPlug and Play VenturesBalderton CapitalEniac VenturesSOSVSusa VenturesOffline VenturesSlow VenturesFundersClubNextView VenturesBling CapitalUpHonest CapitalOak HC/FTFreestyle CapitalFifth WallCaffeinated CapitalKapor CapitalFlybridge Capital PartnersAmplify PartnersCota CapitalMeritech Capital PartnersBonfire VenturesBullpen CapitalIA VenturesHack VCLerer HippeauPoint NineFoundryRidge VenturesAtlas VenturePear VC2048 VenturesQueensBridge Venture PartnersUpfront VenturesNexus Venture PartnersKortschak Investments L.P.AccompliceAntlerChemistryAngelPadOutlander VCLOI Venture8-Bit CapitalAugust CapitalPassion CapitalTransmedia CapitalSpider CapitalHeartcore CapitalFounders' Co-opSummit Partnersxfactor venturesPrefix CapitalExpansive VenturesA.Capital VenturesK9 VenturesScrum VenturesVitalStage VenturesMetaPropGolden VenturesOne Way VenturesPhoenix CourtStructure CapitalMorado Venture PartnersRubicon Venture CapitalVenture HighwayMerus Capital14W.406 VenturesCyfrinSutter Hill VenturesAI FundAmazon Alexa FundFoothill VenturesFontinalis PartnersAccenture VenturesXplorer CapitalCambrian Asset ManagementFlint CapitalZintinusGPO FundTNT VenturesHighline BetaLDV CapitalVentureFriendsVinyl CapitalHorizon 3 Venture StudioTensility Venture PartnersResults JunkiesDeeptech LabsMagnetic VenturesConcrete VenturesHike VenturesM34 CapitalMI VenturesHinge CapitalTexas HALO FundThompson Street Capital PartnersFresco CapitalFounder Capital
Firms observed investing alongside Practical Venture Capital, from public investor directories. Shared companies are the overlap with Practical Venture Capital's recorded portfolio.
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