Stepchange
Venture capitalActively deployingSeattle · 1 people tracked
Fund manager profile
Stepchange is a venture fund manager based in Seattle. SEC filings show 1 venture fund on record, most recently Stepchange Fund I, LP ($7.2M offering) filed June 2025.
Source: SEC EDGAR Form D filings. Firm website data not yet available.
Team · 1 people
from public directories
What they invest in
from 10 of 26 portfolio companiesCleantech ×5Energy ×4AI & Machine Learning ×3Data & Infrastructure ×2Developer Tools ×2Enterprise Software ×2Mobility & Transportation ×2SaaS ×2
HQs:United States×5
Investments · 26 tracked
founders shown can be your intro pathBy year:2026 · 22025 · 12024 · 25 dated
PartnerAnay Shah· solo GP
PartnerAnay Shah· solo GP
Audette provides a platform for asset and portfolio managers to identify and prioritize building retrofit investments, using data analysis to uncover high-return opportunities that improve net operating income and reduce emissions.
PropTechSaaS
PartnerAnay Shah· solo GP
Co-investorsBuoyant Ventures Management, LlcCreative Destruction Lab (CDL)Energy Impact PartnersForesightModerne VenturesPanache Ventures+1 more
AZX is an AI transformation engineering firm that builds tailored AI-enabled solutions and software for organizations in energy, real estate, supply chain, government, and other critical infrastructure industries.
AI & Machine LearningEnergyEnterprise Software
PartnerAnay Shah· solo GP
Co-investorsAllen Institute for AI (AI2) IncubatorAscend Venture CapitalKOMPAS VC
PartnerAnay Shah· solo GP
Bayou provides an API that returns US utility customer data—including bills, usage intervals, and account information—with one-click utility account connection.
Data & InfrastructureDeveloper ToolsEnergy
Co-investorsVery Serious VenturesSurface Ventures
PartnerAnay Shah· solo GP
CapeZero is a cloud-based project finance modeling platform that centralizes and operationalizes financing data, replacing spreadsheet models with investor-grade models and real-time analysis.
CleantechEnergyFintechSaaSKingston, US
Sumit Chachra(Director)inManish Hebbar(Executive Officer, Director)
PartnerAnay Shah· solo GP
Co-investorsAvesta FundClimacticVirta Ventures
PartnerAnay Shah· solo GP
PartnerAnay Shah· solo GP
AI copilot for private credit and asset-backed finance
PartnerAnay Shah· solo GP
Co-investorsCongruent Venturesfresh.fundA16Z SpeedrunKDXLMNT VenturesPenny Jar Capital Venture+1 more
Ezra offers advanced MRI-based full-body scans designed to screen for early signs of cancer and hundreds of other medical conditions.
Digital HealthHealthtechLongevity
Emi Gal(Founder & CEO)in
Co-investorsGood FriendsHealthier CapitalLDV CapitalA16Z SpeedrunCongruent VenturesCredo Ventures+6 more
PartnerAnay Shah· solo GP
PartnerAnay Shah· solo GP
Unlocking grid capacity for the AI era; raised a $64M Series A.
PartnerAnay Shah· solo GP
Co-investorsClocktower VenturesFuture Energy VenturesSherpalo VenturesXora
Hammerhead makes Karoo, a cycling computer device for recording and displaying ride data, routes, and workouts.
CleantechHardwareNew York City, US
Laurence Wattrus(Founder)inRaveen Beemsingh(Founder)inJon Morgan(Founder)in
Co-investorsBuoyant Ventures Management, LlcNext VenturesR/GA VenturesTechstarsVTF CapitalAina Climate AI Ventures+5 more
PartnerAnay Shah· solo GP
it's electric installs and maintains curbside Level 2 EV chargers on partner properties in U.S. cities, using the property's spare electrical supply at no cost to the owner.
CleantechEnergyMobility & TransportationNYC, US
Tiya Gordon(Executive Officer, Director, Promoter)Nathan King(Executive Officer, Director, Promoter)in
BoardTopias Soininen(Director)
PartnerAnay Shah· solo GP
Co-investorsChloe CapitalClean Energy VentureFailup VenturesFamily Angel Management FundGraham Walker VentureHalogen Ventures Management Company Llc+6 more
Lemurian Labs develops Tachyon, a software stack that runs AI workloads on any hardware and cloud while matching or exceeding the performance of hand-tuned kernels.
AI & Machine LearningDeep TechDeveloper Tools
Jay Dawani(Founder & CEO)in
PartnerAnay Shah· solo GP
Co-investors1Flourish CapitalBlackhorn Venturesfutureland venturesGood Growth CapitalMistral Venture PartnersOrigin Ventures+11 more
PartnerAnay Shah· solo GP
Lucend builds an AI-driven platform that optimizes data center operations to reduce energy and water consumption by up to 40%, targeting data center operators seeking to improve resource efficiency and sustainability.
AI & Machine LearningCleantechCloud ComputingData & InfrastructureEnterprise Software
JasperRene
PartnerAnay Shah· solo GP
Co-investors4impact capitalGlobal BrainRemarkable Ventures
Nevoya is a fully-electric trucking carrier that moves freight for shippers and third-party logistics providers, combining zero-emission vehicles with AI-driven operations.
CleantechClimate TechLogistics & Supply ChainMobility & TransportationColton, US
Sami Khan(Executive Officer, Director)inThomas Atwood(Founder)in
BoardJohn Verdon(Director)inTom Atwood(Director)in
PartnerAnay Shah· solo GP
Co-investorsCool Climate CollectiveFloating PointKeiki CapitalLMNT VenturesLOWERCARBONLowercarbon Capital+4 more
PartnerAnay Shah· solo GP
PartnerAnay Shah· solo GP
PartnerAnay Shah· solo GP
PartnerAnay Shah· solo GP
Portfolio news
latest coverage across their companiesHammerhead · datacenterdynamics.com · Jun 18, 2026
Ezra · finsmes.com · Mar 20, 2026
Audette-Logomark-Hot-pink · investing.com · Feb 28, 2026
Lucend · datacenterdynamics.com · Feb 11, 2026
Lemurian Labs · finsmes.com · Dec 4, 2025
Nevoya · cleantrucking.com · Jul 29, 2025
Frequently asked questions
- How many investments has Stepchange made?
- Stepchange has 22 tracked investments, including 1 dated in the last 24 months.
- Where is Stepchange located?
- Stepchange is headquartered in Seattle, US.
- Who does Stepchange co-invest with?
- Stepchange most often shares deals with Clocktower Ventures, Global Brain, Halogen Ventures Management Company Llc, among 45 tracked co-investors.
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