Theory Forge Ventures
Venture capitalActively deployingTustin · 2 people tracked
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Investment thesis
Theory Forge Ventures backs ambitious founders using AI to build transformative companies. The firm concentrates its investment activity on startups where artificial intelligence is central to the product or business, supporting entrepreneurs aiming to change the world through AI-driven approaches.
Source: firm website, verified Aug 3, 2026.
Team · 2 people
from public directoriesWhat they invest in
from 9 of 18 portfolio companiesAI & Machine Learning ×8Enterprise Software ×4Developer Tools ×3Hardware ×3SaaS ×3Advanced Manufacturing ×2Marketing Tech ×2Construction Tech ×1
HQs:United States×5Canada×1
Who they back
founder profiles across 7 portfolio companiesWhere their founders studiedfrom 14 founders with education data
Carnegie Mellon University ×2McGill University ×2University of California, Riverside ×2
What their founders studiedfrom 14 founders with field-of-study data
Computer Science ×10Engineering ×3
Where their founders worked beforefrom 15 founders with career history
Tesla ×4Apple ×2Rivian ×2
Accelerator rootsportfolio companies that came through a program
Investments · 18 tracked
founders shown can be your intro path9 Mothers builds counter-drone defense systems that enable rapid deployment of point defense at infantry-mobile scale.
Advanced ManufacturingAI & Machine LearningDefense TechHardwareIoTAustin, US
Russell Smith(Founder)inRoman Khomenko(Founder)inBogdan Pyzh(Founder)in
PartnerBen Parr· solo GP
Co-investorsY CombinatorDaft CapitalPioneerRedbud Trail GroupSterling RoadStreamlined Ventures
Alex is an AI agent integrated into Xcode that automates code generation, debugging, and development tasks for iOS developers.
AI & Machine LearningDeveloper ToolsEnterprise SoftwareSan Francisco, US
Daniel Edrisian(Founder)in
Co-investorsChapter OneDash VCInception Studio CapitalOrange CollectiveRitual CapitalY Combinator+10 more
ArchiLabs is a browser-native BIM and design workspace that combines AI-assisted modeling, Python automation, and validation for complex building systems like MEP, modular housing, and critical facilities.
AI & Machine LearningConstruction TechEnterprise SoftwarePropTechSaaSSan Francisco, US
Brian Bakerman(Founder)inWilliam Meng(Founder)in
PartnerBen Parr· solo GP
Co-investorsY Combinator468 CapitalSchell BrothersSingularity VenturesTheory Ventures
Clouted operates a "Virality Engine" that uses AI agents to produce and distribute native short-form video clips at scale across social and paid channels, drawing on a network of video editors and creators.
AI & Machine LearningCreator EconomyMarketing Tech
PartnerBen Parr· solo GP
Co-investorsAntlerAppWorks VenturesOrvel Early Stage Fund I PrivateA16Z SpeedrunAppWorksGabby Dizon+3 more
Decode is a multiplayer canvas where product teams and AI coding agents collaborate: users create diagrams, markdown plans, wireframes, and sketches on a shared board, connect agents via a Desktop MCP Server, and mark up live app previews rendered from source code so agents build and fix exactly what was drawn.
AI & Machine LearningDeveloper ToolsFuture of Work
PartnerBen Parr· solo GP
Co-investorsTrue Ventures
Fort makes strength training wearable devices.
ConsumerHardwareHealthtechSan Francisco, US
Miranda Nover(Founder)inPaul Schneider(Founder)inZac Valles(Founder)in
Co-investorsPatronXSLA VenturesY CombinatorAfore CapitalBanana CapitalBDUCK Capital+4 more
Gumloop is a platform for building and deploying AI agents that automate business tasks such as data analysis, customer support, CRM management, and meeting preparation.
AI & Machine LearningDeveloper ToolsEnterprise SoftwareSaaSSan Francisco, US
Max Brodeur-Urbas(Founder)inRahul Behal(Founder)inMax Brodeur-Urbas Rahul Behal(Founder)
Co-investorsBoxGroupFirst Round CapitalImmad AkhundLudlow VenturesWndrCoY Combinator+3 more
Juma is an AI workspace platform that enables teams to collaborate on marketing and copywriting projects with shared context, brand voice, and files.
AI & Machine LearningEnterprise SoftwareMarketing TechSaaS
Yavor Belakov(Founder)inIliya Valchanov(Founder)in
PartnerBen Parr· solo GP
Co-investorsPactTrue Ventures
Loombotic manufactures custom wire harnesses for hardware teams using AI-powered design interpretation and automated assembly.
Advanced ManufacturingAI & Machine LearningHardwareRoboticsToronto, CA
Lucas Crupi(Founder)inEthan Breit(Founder)in
PartnerBen Parr· solo GP
Co-investorsEssentia VenturesRoot Ventures Manager, LlcY CombinatorAg Ventures AllianceBuckley Ventures Management Company LlcPeterson Venture Partners+2 more
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
ConsioExin TheraputicsFeltSenseOritaPaymanQuadraticSunflowerTandemWordware
Portfolio news
latest coverage across their companies9 Mothers · techcrunch.com · Jun 18, 2026
Gumloop · betakit.com · Mar 12, 2026
Fort · ycombinator.com · Feb 23, 2026
Frequently asked questions
- How many investments has Theory Forge Ventures made?
- Theory Forge Ventures has 18 tracked investments.
- What sectors does Theory Forge Ventures focus on?
- Theory Forge Ventures focuses on AI & Machine Learning.
- Where is Theory Forge Ventures located?
- Theory Forge Ventures is headquartered in Tustin, US.
- Who does Theory Forge Ventures co-invest with?
- Theory Forge Ventures most often shares deals with Y Combinator, True Ventures, First Round Capital, among 25 tracked co-investors.
Co-investors · 22
True Ventures is an early-stage venture capital firm that has backed founders since 2005, partnering at the earliest moments of company building.
SV Angel is a San Francisco-based firm that invests long-term in founders, supporting them with advice, introductions, and network access at key business inflection points.
Streamlined Ventures is an early-stage venture firm that partners with founders and invests at the seed stage to help build large-scale companies.
Index Ventures is a venture capital firm that backs founders across industries and geographies, emphasizing the people behind ideas as much as the businesses themselves.
Uncork Capital is a seed-stage venture firm that backs early founders, with a focus on AI-native companies driving scale and industry change.
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.
Spark Capital is a venture capital firm that partners with founders, known for early investments including leading Twitter's Series B in 2008.
Sound Ventures is a venture capital firm that seeks to invest in the technology sector.
DST Global is a global internet-focused investment firm that backs fast-growing, high-value internet companies. It does not solicit or accept retail investors.
NextView Ventures is a seed-stage venture capital firm that works closely with founders, providing hands-on support to help build companies from inception to scale.
Emergence Capital is a venture capital firm that partners with founders building B2B software companies, from early-stage cloud and SaaS pioneers to AI-native innovators.
▶10 more co-investors
Kapor CapitalFloodgateUlu VenturesKortschak Investments L.P.MatrixGSV AccelerationXtripe AngelsSunshine LakeDay One VenturesUntapped Capital
Firms observed investing alongside Theory Forge Ventures, from public investor directories. Shared companies are the overlap with Theory Forge Ventures's recorded portfolio.
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