What stage does Purpose Built Ventures invest at?

Purpose Built Ventures invests at the Pre-Seed, Seed stages.

What is Purpose Built Ventures's typical check size?

Purpose Built Ventures typically writes checks of $500K.

What sectors does Purpose Built Ventures focus on?

Purpose Built Ventures focuses on EdTech, Fintech, Future of Work, Sector Agnostic.

Where is Purpose Built Ventures located?

Purpose Built Ventures is headquartered in Los Angeles, US.

Does Purpose Built Ventures lead rounds?

Purpose Built Ventures typically participates in rounds rather than leading them.

Purpose Built Ventures

Venture studiooperating company · company profile

Los Angeles · Pre-Seed–Seed · 2 people tracked

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Find your way into Purpose Built Ventures

806 people in our graph share verified history with the Purpose Built Ventures team — schools, employers, funds. One of them is your warm intro.

Tiffany Yuunlockedknows Miles Lasater · together at F-Prime Capital (overlapped)

knows the team · via Startup Weekend

×4knows the team · via Phillips Academy

×2knows the team · via EDHEC Business School

knows the team · via University of Alberta

knows the team · via Lycée Henri IV

✨ Fox Verdict

Investment thesis

Trillions of dollars in human potential remain unfulfilled due to unemployment and underemployment. Purpose Built invests in entrepreneurs and companies that create greater economic opportunity by providing a proven innovation process, mentorship, and up to $500k in capital. The studio helps de-risk ideas through validation, provides a founder stipend to enable full-time founding, and offers ongoing operational support, recruiting, and fundraising assistance to accelerate company growth and founder development.

Invests inEdTech Fintech Future of WorkSector AgnosticLos Angeles United States

Source: firm website, verified Aug 7, 2026.

Stage

Pre-Seed–Seed

Check

$500K

Los Angeles, CA, US

Leads rounds

Follows

Instruments

Equity

Team · 2 people

from curated

Miles Lasater· Founder & CEO· San Francisco, Californiain

Miles Lasater is founder and CEO of Purpose Built, an investment and development firm. Through Purpose Built, he has launched Coral Care, Twill, and Sora Care, while maintaining an investment portfolio that includes Honor, Brightside Health, Remix, Notable Health, and Balto Software, alongside nonprofit investments in Issue One, One Acre, and MakeHaven. Previously, Lasater co-founded Higher One while in college, growing it to over $200 million in revenue and an IPO before founding SeeClickFix and OneUni. He hosts the "Startups for Good" podcast focused on mission-driven ventures and their founders.

Marion Desmazières· Venture Partner· Seattle areain

Marion is a senior portfolio development manager at M12 focused on vertical SaaS and AI investments. She spent eight years at Amazon in business development and product marketing roles, including leading a team recruiting consumer brands for a growth program and managing portfolio success for the Alexa Fund. She holds an MBA in Innovation & Entrepreneurship from the University of Alberta and a Masters in Business Management from EDHEC Business School.

Frequently asked questions

What stage does Purpose Built Ventures invest at?: Purpose Built Ventures invests at the Pre-Seed, Seed stages.
What is Purpose Built Ventures's typical check size?: Purpose Built Ventures typically writes checks of $500K.
What sectors does Purpose Built Ventures focus on?: Purpose Built Ventures focuses on EdTech, Fintech, Future of Work, Sector Agnostic.
Where is Purpose Built Ventures located?: Purpose Built Ventures is headquartered in Los Angeles, US.
Does Purpose Built Ventures lead rounds?: Purpose Built Ventures typically participates in rounds rather than leading them.

Media · Podcasts & interviews

featuring the team

Investor Connect - Episode 134 - Miles Lasater of Purpose Built Ventures

Hall Martin · Miles Lasater

Perfect founder-market fit. What goes first: founder or idea? Miles Lasater @Purpose Built Ventures

Max Pog & Venture Studios · Miles Lasater

Building Purpose Built Ventures with Miles Lasater

Miles Lasater · podcasts.apple.com

Images

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