Theory Ventures
San Francisco · Seed–Series A · 11 people tracked
Investment thesis
Theory Ventures uses concentrated investment strategy and deep market research to identify opportunities. The firm provides hands-on support to founders in critical operational areas including go-to-market strategy and technical execution, reflecting a partnership-focused approach.
Source: firm website, verified Jul 19, 2026.
Team · 11 people
from the firm's website
Tomasz Tunguz spent well over a decade at Redpoint Ventures before founding Theory Ventures in 2022, a research-driven firm focused on data, AI and software infrastructure. His daily blog at tomtunguz.com, full of benchmarks and SaaS metrics analysis, has been required reading for software founders for years. He co-authored Winning with Data with former Looker CEO Frank Bien.
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Investments · 24 tracked
founders shown can be your intro pathFrequently asked questions
- What stage does Theory Ventures invest at?
- Theory Ventures invests at the Seed, Series A stages.
- What is Theory Ventures's typical check size?
- Theory Ventures typically writes checks of $1M – $40M.
- What sectors does Theory Ventures focus on?
- Theory Ventures focuses on AI & Machine Learning, Cybersecurity, Data & Infrastructure, Enterprise Software, SaaS.
- Where is Theory Ventures located?
- Theory Ventures is headquartered in San Francisco, US.
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