Section 32
Venture capitalPalo Alto · Pre-Seed–Series A · 23 people tracked
Investment thesis
Section 32 operates as a deliberately capital-constrained, high-conviction venture firm that concentrates on a small number of companies to commit deeply and support founders over the long term. The team pairs experienced investors and operators with hands-on help recruiting leaders across engineering, AI, and go-to-market. Its investing focus spans artificial intelligence, computational biology, physical AI, infrastructure, cybersecurity, and enterprise. By constraining capital, the firm forces itself to choose between excellent opportunities rather than deploying into marginal ones, reserving meaningful time, capital, and attention for the companies it backs.
Source: firm website, verified Aug 7, 2026.
Team · 23 people
from the firm's website
What they invest in
from 43 of 45 portfolio companiesAI & Machine Learning ×24Biotech ×12Enterprise Software ×11SaaS ×10Deep Tech ×9Healthtech ×8Developer Tools ×7Cybersecurity ×6
HQs:United States×30Canada×1Germany×1Sweden×1
Who they back
founder profiles across 22 portfolio companiesFounding team size:solo founder×32 founders×103 founders×54+ founders×4
Where their founders studiedfrom 25 founders with education data
University of California, Berkeley ×5Duke University ×3Massachusetts Institute of Technology ×3Stanford University ×3Technion ×2
Where their founders worked beforefrom 28 founders with career history
DeepMind ×3Stanford University ×3Facebook ×2Google ×2Quora ×2
Accelerator rootsportfolio companies that came through a program
8 founders hold a PhD · 2 hold an MBA (of 27 with degree data)
Investments · 45 tracked
founders shown can be your intro pathBy year:2026 · 12025 · 22024 · 22023 · 12021 · 17 dated
Coinbase is a cryptocurrency exchange platform that offers trading, custody, and financial services for cryptocurrencies, stocks, derivatives, and prediction markets to consumers, institutions, and developers.
Crypto & Web3FintechSan Francisco, US
Brian Armstrong(Co-founder & CEO)inFred Ehrsam(Co-founder)inEmilie Choi(President & COO)Alesia Haas(Chief Financial Officer)Paul Grewal(Chief Legal Officer & Secretary)Lawrence (L.J.) Brock(Chief People Officer)
Co-investors1confirmationA.Capital Venturesa16z cryptoAcrew CapitalAndreessen HorowitzAnsa Capital+53 more
Infleqtion builds neutral-atom quantum computers, precision quantum sensors, and related software, and works on integrated photonics to scale quantum systems.
Deep TechHardwareQuantum ComputingLouisville, US
Dana Anderson(Founder)Pranav Gokhale(Chief Technology Officer)inPaul Lipman(Chief Revenue Officer)inJason D. Hall(Chief Legal Officer)Ilan Hart(Chief Financial Officer)inMatthew J. Kinsella(Chief Executive Officer)
Co-investorsBreakthrough VictoriaCaruso VenturesForma PrimeGlynn Capital ManagementIn-Q-TelS Ventures+4 more
Uber operates a multi-sided platform providing ride-sharing, food delivery, freight logistics, and business fleet management services across various global markets.
Logistics & Supply ChainMarketplacesMobility & TransportationSan Francisco, US
Travis Kalanick(Co-founder & CEO)Garrett Camp(Co-founder)
Co-investors137 Ventures408 VenturesA*Across Capital PartnersAglae VenturesAkkadian Ventures+63 more
Aspen Neuroscience develops iPSC-derived autologous cell therapies for neurological diseases, with a lead product (ANPD001) in Phase 1/2a clinical trials for Parkinson's disease.
BiotechDeep TechDigital HealthMedical Devices
Andrés Bratt-Leal(Co-Founder and Senior Vice President, Research & Development)Damien McDevitt(President and Chief Executive Officer)
Co-investorsARCH Venture PartnersLifeforce CapitalOrbiMedDomain AssociatesEDB InvestmentsFrazier Life Sciences+3 more
Formation Bio develops drugs through partnerships with health systems, academic medical centers, and research sites, focusing on clinical trials in dermatology, rheumatology, and cardiometabolic diseases.
AI & Machine LearningBiotechDeep TechDigital HealthHealthtech
Ben Liu(CEO & Co-Founder)Linhao Zhang(Co-Founder)Benjamine Liu(Founder)in
Co-investorsSequoia CapitalThrive CapitalAndreessen HorowitzFelicis VenturesFPVHyphen Capital+4 more
Medcrypt provides cybersecurity products and strategic consulting to medical device manufacturers to ensure their devices are secure by design and meet FDA regulatory requirements.
CybersecurityHealthtechMedical Devices
Mike Kijewski(Founder)in
Co-investorsEniac VenturesIntuitive VenturesY CombinatorDolby Family Ventures
Medcrypt provides cybersecurity products and strategic consulting to medical device manufacturers to ensure devices are secure by design and meet regulatory requirements.
CybersecurityHealthtechMedical DevicesSaaSSan Diego, US
Mike Kijewski(Founder)inEric Pancoast(Founder)in
Co-investorsY CombinatorEniac VenturesAnzu PartnersIntuitive VenturesLRVHealthS32
Octave develops blood-based biomarker tests for neurodegenerative diseases including multiple sclerosis, Parkinson's disease, and Alzheimer's disease.
AI & Machine LearningBiotechDigital HealthMedical DevicesMenlo Park, US
William Hagstrom(Founder and Chairman)Doug Biehn(President and CEO)
Co-investorsNorthpond VenturesSandbox IndustriesBlue Venture FundsEcho Health VenturesHikma VenturesGreycroft+1 more
ScienceIO offers an AI platform for interpreting healthcare data, including a product that converts unstructured medical text into structured data via an API and maps it to millions of medical concepts.
AI & Machine LearningData & InfrastructureDigital HealthHealthtech
Will Manidis(Founder, CEO)Gaurav Kaushik(Founder, President)
Co-investorsEarl Grey CapitalSwell PartnersToba CapitalLachy GroomQuiet CapitalTodd and Rahul’s Angel Fund+5 more
Formation Bio develops drugs alongside research site partners, including health systems, academic medical centers, and independent research sites, with a focus on accelerating clinical trials in dermatology, rheumatology, and cardiometabolic diseases.
AI & Machine LearningBiotechHealthtechMedical DevicesSaaSNew York, US
Linhao Zhang(Co-Founder)Benjamine Liu(Executive Officer, Director)
BoardAlfred Lin(Director)inMichael Moritz(Director)inScott Kupor(Director)in
Co-investorsAndreessen HorowitzSam AltmanSequoia CapitalThrive CapitalMantis CapitalSpark Capital
8090 is an AI-native software development platform designed for regulated enterprises in healthcare, financial services, manufacturing, and government that enables teams to build production code from business intent with full audit trails and governance controls.
AI & Machine LearningDeveloper ToolsEnterprise Software
Chamath Palihapitiya(Co-founder and CEO)Rohit Kelapure(Founder)Sina Sojoodi(Founder)
Co-investorsS32Craft VenturesLAUNCHSalesforce VenturesTPB
A new type of biodiscovery, discovering and harnessing nature's most valuable proteins
Oliver Vince(Founder)inGlen Gowers(Founder)
Co-investorsBlue Horizon CorporationHummingbird VenturesNVenturesS32Systemiq CapitalTrue Ventures+5 more
Big Hat Bio develops therapeutics under development across multiple programs.
AI & Machine LearningBiotechDeep TechSan Francisco, US
Peyton Greenside(Executive Officer, Director)Mark DePristo(Executive Officer, Director)
BoardFrancisco Gimenez(Director)inSteve Kafka(Director)Vineeta Agarwala(Director)inRobert Chess(Director)
Co-investors8VCAndreessen HorowitzBOLD LongevityFlucas VenturesGRIDS CapitalAME Cloud Ventures+1 more
AI research lab developing visual intelligence technology including image generation and manipulation models.
AI & Machine LearningDeep TechDeveloper ToolsFreiburg, DE
Robin Rombach(Founder)Andreas Blattmann(Founder)Patrick Esser(Founder)Tim Dockhorn(Founder)
BoardAnjney Midha(Director)in
Co-investorsAir Street CapitalAndreessen HorowitzBroadLight CapitalCherry VenturesEarlybird Venture CapitalHeadline+11 more
BloomText provides HIPAA-compliant messaging software built specifically for healthcare organizations.
Digital HealthHealthtechSaaSSeattle, US
Michael Wasser(Founder/CEO)inHeather Milone(Founder/Executive Business Advisor)in
Co-investorsFifty YearsY CombinatorSlow Ventures
C2i Genomics develops TrueMRD, a cancer monitoring platform that combines whole-genome sequencing with AI algorithms to build personalized tumor signatures for detecting minimal residual disease (MRD).
AI & Machine LearningBiotechHealthtechNew York, US
Asaf Zviran(Founder)inEzra Sofer(Executive Officer, Director)
BoardEli Casdin(Director)inAlex Parker(Director)Shaun Rodriguez(Director)in
Co-investorsiGlobe PartnersLionBirdNFXCasdin Capital
Cohere builds foundational AI models and enterprise solutions that help businesses automate tasks, accelerate workflows, and enhance decision-making.
AI & Machine LearningDeveloper ToolsEnterprise SoftwareSaaSToronto, CA
Aidan Gomez(Co-founder & CEO)Ivan Zhang(Co-founder)Nick Frosst(Co-founder)in
Co-investorsAdvaita CapitalAju IB Invesment CorporationAlumni VenturesBasecamp FundIndex VenturesInovia Capital+15 more
Databricks provides a unified platform for data engineering, analytics, and artificial intelligence, enabling organizations to build and deploy data and AI applications on cloud infrastructure.
AI & Machine LearningCloud ComputingData & InfrastructureEnterprise SoftwareSan Francisco, US
Ali Ghodsi(Co-founder & CEO)inIon Stoica(Executive Officer, Director, Promoter)Matei Zaharia(Executive Officer, Director, Promoter)inReynold Xin(Founder)inPatrick Wendell(Founder)inAndy Konwinski(Founder)in
Co-investors137 VenturesA.Capital VenturesAglae VenturesAlkeon InnovationAltra VentureAmplify Partners+71 more
Deel is a global HR platform that enables businesses to hire, onboard, and manage employees and contractors across borders.
Enterprise SoftwareFintechFuture of WorkHR TechSaaSSan Francisco, US
Alex Bouaziz(Founder/CEO)inShuo Wang(Founder/CRO)inOfer Simon(Former Co-Founder)Philippe Bouaziz(Executive Officer, Director, Promoter)Franck Cohen(Director)Alexandre Bouaziz(Executive Officer, Director, Promoter)
Co-investorsAlpha Square GroupAltaIR CapitalAmplo VenturesAndreessen HorowitzCoatue ManagementElad Gil+34 more
Ema builds "Universal AI Employees" — AI agents designed to perform business tasks and automate repetitive work across an organization.
AI & Machine LearningEnterprise SoftwareFuture of WorkSaaS
Surojit Chatterjee(Co-Founder & CEO)inSouvik Sen(Co-Founder & CTO)in
Co-investorsAccelS32Wipro VenturesHitachi VenturesProsus VenturesSozo Ventures
Endor Labs provides application security tooling to identify, prioritize, and fix vulnerabilities in software development, with particular focus on securing AI-generated code and open-source dependencies.
AI & Machine LearningCybersecurityDeveloper ToolsPalo Alto, US
Varun Badhwar(Founder & Co-founder)inDimitri Stiliadis(Founder & Co-founder)
Co-investorsLightspeed Venture PartnersDell Technologies CapitalCoatue ManagementS32Salesforce VenturesSierra Ventures+1 more
CrowdStrike provides cloud-native security software protecting endpoints, cloud workloads, identity systems, and data infrastructure to prevent breaches for enterprise customers.
Cloud ComputingCybersecurityEnterprise Software
George Kurtz(Founder & CEO)
Co-investorsAmiti VenturesAnsa CapitalBallistic VenturesDecibel PartnersIntercept VenturesIVP (Institutional Venture Partners)+6 more
Cambridge, MA biotechnology company developing injectable synthetic biomarkers for noninvasive disease staging and treatment monitoring.
BiotechCambridge, US
Gabriel Kwong(Executive Officer)Sirshendu Roopom Banerjee(Executive Officer)
BoardTheresia Guow(Director)Amy Schulman(Director)inStan Lapidus(Director)
Co-investorsGreatPoint VenturesAcrew CapitalAspect VenturesCatalio Capital ManagementDns CapitalNew Leaf Venture Partners+2 more
Gretel provides synthetic data generation tools that enable developers to create high-quality, domain-specific datasets for training agentic AI systems and language models.
AI & Machine LearningData & InfrastructureDeveloper ToolsSan Diego, US
Ali Golshan(Co-Founder & CEO)inLaszlo Bock(Co-Founder, Board of Directors)Alexander Watson(Executive Officer, Director)Alex Watson(Co-Founder & Chief Product Officer (initially Co-Founder & CEO))John Myers(Co-Founder & CTO)
BoardSridhar Ramaswamy(Board Partner (Greylock))in
Co-investorsGreylock PartnersMoonshots CapitalS32Village GlobalAnthos Capital
Gusto provides payroll processing, employee benefits administration, and HR management tools to businesses, offering integrated software alongside support services for these functions.
Enterprise SoftwareHR TechSan Francisco, US
Josh Reeves(Founder/CEO)inEdward Kim(Founder/Empowering Gusto's Engineering Team)inTomer London(Founder/; Empowering Gusto's Product and Design Teams)in
Co-investors137 VenturesA*Acrew CapitalAkkadian VenturesAspect VenturesAurum+47 more
humans& is a frontier AI lab focused on building human-centric AI systems that prioritize people and their relationships, emphasizing innovations in reinforcement learning, memory, and user understanding to create AI that strengthens organizations and communities.
AI & Machine LearningEnterprise SoftwareSaaSEl Segundo, US
Eric Zelikman(Co-founder)Noah Goodman(Founder)inAlaarif Nooruldeen(Executive Officer, Director)
BoardKristen Green(Director)Allen Mask(Director)Jonathan Ellman(Director)
Co-investorsGV (Google Ventures)S32SV AngelNVIDIAA.Capital VenturesChamaeleon+6 more
Inceptive builds foundation models of biological systems for drug discovery, specializing in sequence-based medicines like mRNA and peptides.
AI & Machine LearningBiotechMedical DevicesPalo Alto, US
Jakob Uszkoreit(Executive Officer, Director, Promoter)Kevin Heyries(Executive Officer)Diana Isabel Ajuria(Executive Officer)Do Soon Kim(Executive Officer)
BoardVijay S. Pande(Director)in
Co-investorsAndreessen HorowitzArtis VenturesObvious VenturesS32NVentures
Inworld AI provides a full-duplex audio streaming platform that enables real-time conversational AI interactions with intelligent turn-taking, function calling, and multi-model routing capabilities for developers building conversational applications.
AI & Machine LearningDeveloper ToolsMountain View, US
Ilya Gelfenbeyn(Founder)inKylan Gibbs(Founder)inMichael Ermolenko(Founder)in
Co-investorsBitkraft Esports VenturesBrave CapitalCRV (Charles River Ventures)Dentsu VenturesDisney AcceleratorFirst Spark Ventures, Llc+11 more
Clinical-stage Boston biotech developing oral pan-KRAS inhibitors for patients with KRAS-driven cancers.
BiotechBoston, US
Frank G. Haluska(Executive Officer, Director)
BoardOmar Khalil(Director)Nicholas Saccomano(Director)Barbara Sosnowski(Director)Andrew Phillips(Director)Denis Patrick(Director)
Co-investorsPfizer Venture Investments
Legora builds AI-powered collaboration software for lawyers to automate routine tasks and improve efficiency in legal work.
AI & Machine LearningEnterprise SoftwareLegalTechStockholm, SE
Max Junestrand(Founder)inSigge Labor(Founder)inAugust Erséus(Co-founder)
BoardJacob Effron(Redpoint board member)Logan Bartlett(Redpoint board member)
Co-investorsAbstract VenturesAccelAlkeon InnovationAtlassian VenturesBain Capital VenturesBessemer Venture Partners+26 more
Lime operates a shared micromobility service offering short-term rentals of electric bikes and scooters.
CleantechConsumerMarketplacesMobility & TransportationSan Francisco, US
Wayne Ting(CEO)in
Co-investorsAcurio VenturesAkkadian VenturesAmity VenturesAndreessen HorowitzBling CapitalBMW i Ventures+29 more
MedArrive provides software for scheduling, routing, and real-time tracking of in-home care delivery teams.
HealthtechLogistics & Supply ChainSaaSNew York, US
Inna Plumb(Executive Officer)Daniel Trigub(Executive Officer, Director)
BoardWilliam Sullivan(Director)Annie Case(Director)inAndy Harrison(Director)Agneta Breitenstein(Director)in
Co-investors7wire VenturesCobalt VenturesCorewell Health VenturesDeclaration PartnersKleiner PerkinsDefine Ventures
Google Nest manufactures smart home devices including cameras, doorbells, speakers, and thermostats that integrate with Google Home for security, entertainment, and energy management.
ConsumerHardwareIoTMountain View, US
Co-investorsC4 VenturesDCVC (Data Collective)GV (Google Ventures)Impact America FundKleiner PerkinsPJC+8 more
Neurotechnology company developing implantable brain-computer interfaces for people with paralysis and vision loss.
BiotechFremont, US
ELON MUSK(Executive Officer)
BoardJared Birchall(Executive Officer, Director)
Co-investorsAdvaita CapitalAurum Venture PartnersBeyond CapitalDreamers VCFounders FundGestio Capital+18 more
NewLimit develops epigenetic reprogramming medicines to extend healthspan and treat age-related diseases at the intersection of computer science and biotechnology.
AI & Machine LearningBiotechLongevitySouth San Francisco, US
Brian Armstrong(Co-founder, Board of Directors)inBlake Byers(Director)inJacob Kimmel(Director)inMichael Polansky(Executive Officer)
BoardZavain Dar(Director)in
Co-investorsS32Valor Equity Partners8VCAbstract Venturesage1Beyond Capital+6 more
Ohalo develops agricultural products designed to improve farmer productivity and livelihoods globally.
AgTechBiotech
Co-investorsCongruent VenturesS32
Phaidra develops an AI control platform that uses reinforcement learning to optimize energy efficiency and operational performance in data centers and AI factories.
AI & Machine LearningCloud ComputingDeep TechEnergySeattle, US
Jim Gao(Chief Executive Officer)inVeda Panneershelvam(Chief Technology Officer)inKatie Hoffman(President and Chief Operating Officer)inVedavyas Panneershelvam(Founder)in
Co-investorsCollaborative FundCool Climate CollectiveEast Valley VenturesFlying Fish VenturesIncubate USIndex Ventures+8 more
Physical Intelligence develops generalist AI models for robotics that can control any robot to perform various tasks through learning algorithms and multi-robot training.
AI & Machine LearningDeep TechRoboticsSan Francisco, US
Sergey Levine(Founder)Adnan Esmail(Founder)Brian Ichter(Founder)Karol Hausman(Founder)Lachy Groom(Founder)Quan Vuong(Founder)
Co-investorsCapitalGLux CapitalRedpoint VenturesSequoia CapitalKhosla VenturesThrive Capital+12 more
Raya is a private, membership-based iPhone app for dating, networking and social discovery with an application-based vetting process.
Co-investorsDreamers VCS32
SandboxAQ combines artificial intelligence and quantum technology to address complex industrial challenges.
AI & Machine LearningDeep TechQuantum Computing
Jack Hidary(Founder)in
BoardSergey Brin(Founder)
Co-investorsAllianz XAvant Global LLCBreyer CapitalElaiaFPVIn-Q-Tel+12 more
Scale provides high-quality training data, model evaluations, and full-stack AI systems for enterprises and governments to build and deploy AI applications.
AI & Machine LearningData & InfrastructureDeveloper ToolsEnterprise SoftwareSan Francisco, US
Alexandr Wang(Co-founder & CEO)inLucy Guo(Co-founder)in
Co-investorsAccelAdit Ventures Management, LlcBeyond CapitalCheyenne VenturesCoatue ManagementElad Gil+33 more
S32 is a venture capital firm that makes concentrated, high-conviction investments in a small number of companies, focusing on areas such as artificial intelligence, computational biology, physical AI, infrastructure, cybersecurity, and enterprise.
AI & Machine LearningCybersecurityDeep Tech
Co-investorsModi VenturesVeronorte
Slack is an AI-powered communication platform that consolidates conversations, applications, and customer interactions in a single workspace for businesses.
Enterprise SoftwareFuture of WorkSaaSSan Francisco, US
Cal Henderson(Co-founder & CTO)inStewart Butterfield(Co-founder & CEO)in
Co-investors1991 VenturesAccelAcrew CapitalAglae VenturesAndreessen HorowitzAtlassian Ventures+32 more
Stairwell provides cybersecurity threat intelligence solutions to help teams identify and address security threats.
Cybersecurity
Co-investorsAccelBallistic VenturesGradient VenturesS32Lux CapitalSequoia Capital
Wise Systems provides an AI-driven routing optimization platform for delivery and fleet operations.
AI & Machine LearningData & InfrastructureLogistics & Supply ChainMobility & TransportationSaaSCambridge, US
Charles Sims II(Executive Officer, Director)Ali Kamil(Executive Officer, Director)Layla Shaikley(Executive Officer, Director)Jemel Derbali(Executive Officer, Director)Chazz Sims(Founder)in
BoardDr. Sandy Pentland
Co-investorsBantam GroupFontinalis PartnersGradient VenturesGutbrain VenturesTechstarsThe E14 Fund+4 more
Exits · 3
IPOs and acquisitions across the tracked portfolioCoinbaseNasdaq: COINInfleqtionNYSE: INFQUberNYSE: UBER
Portfolio news
latest coverage across their companies
Databricks · techcrunch.com · Aug 13, 2026
Coinbase · Coinbase Blog · Aug 13, 2026
Lime · karmactive.com · Aug 13, 2026
Deel · calcalistech.com · Aug 3, 2026
Basecamp · community.startuptalky.com · Jul 31, 2026
Black Forest Labs · bloomberg.com · Jul 23, 2026
Endor Labs · yeswriting.com · Jul 16, 2026
Frequently asked questions
- How many investments has Section 32 made?
- Section 32 has 27 tracked investments, 3 of which have exited via acquisition or IPO, including 3 dated in the last 24 months.
- What stage does Section 32 invest at?
- Section 32 invests at the Pre-Seed, Seed, Series A stages.
- What sectors does Section 32 focus on?
- Section 32 focuses on AI & Machine Learning, Biotech, Cybersecurity, Data & Infrastructure, Deep Tech, Enterprise Software, Fintech, Healthtech, Robotics, SaaS.
- Where is Section 32 located?
- Section 32 is headquartered in Palo Alto, US.
- Does Section 32 lead rounds?
- Yes, Section 32 leads investment rounds.
- Who does Section 32 co-invest with?
- Section 32 most often shares deals with S32, SV Angel, Accel, among 255 tracked co-investors.
Media · Podcasts & interviews
featuring the teamThis pandemic has been the most benign dress rehearsal for the real thing, says Section 32' Bill Maris
Bill Maris · cnbc.com
Investor's Playbook: Game-changing startups – Healthy Returns Summit with Section 32's Bill Maris
Bill Maris · cnbc.com
Bill Maris, ex-Google Ventures, brings in new hires at Section 32
Bill Maris · cnbc.com
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