Theory Ventures — Full Portfolio

Superlinked builds SIE, an open-source inference engine that runs specialized AI models on shared GPUs, enabling organizations to reduce API costs and improve control over their AI infrastructure for search and document processing workloads.

AI & Machine LearningCloud ComputingData & InfrastructureDeveloper ToolsSan Francisco, US

DanielBen

Co-investorsIndex VenturesSamsung NextEpisode1Firestreak VenturesKAYAMMC Ventures+4 more

Allium provides a data infrastructure platform that translates blockchain data from 150+ chains and 10,000 protocols into standardized formats for enterprises.

AI & Machine LearningCrypto & Web3Data & InfrastructureFintechNew York, US

Ethan Chan(CEO)inCheng Han Lee(CTO)inYi Sheng Chan(Executive Officer, Director, Promoter)

BoardDavid Beyer(Director)in

Board seatTomasz Tunguz· per SEC Form D

Co-investorsAmplify PartnersKleiner PerkinsPruVen Capital PartnersAmplify Partners CV

San Francisco-based Omni Analytics builds a business intelligence and AI analytics platform on a governed semantic layer.

San Francisco, US

Christopher Merrick(Executive Officer, Director, Promoter)James Davidson(Executive Officer, Director, Promoter)Colin Zima(Executive Officer, Director, Promoter)

BoardSatish Dharmaraj(Director)in

Board seatTomasz Tunguz· per SEC Form D · $68.8M raise · filed Mar 2025

Co-investorsRedpoint Ventures

Aampe provides AI agents that personalize customer messaging at the individual-user level, running thousands of parallel experiments to optimize engagement content, timing, and variants.

AI & Machine LearningMarketing TechSaaS

Schaun Wheeler(Founder)inKate Field(Founder)in

Co-investorsPeak XV PartnersZ47

BackOps is an AI-native operating system for supply chain and logistics that captures internal workflows and deploys agents to automate tasks across legacy systems, vendor portals, email, and spreadsheets.

AI & Machine LearningLogistics & Supply ChainSaaSSan Francisco, US

Henry Ou(Founder)inSean McCarthy(Founder)Chang Hao Ou(Executive Officer, Director, Promoter)

Co-investorsConstruct CapitalGradient Ventures

Blockchain.com is a global infrastructure platform for digital assets that provides cryptocurrency trading, DeFi wallet services, and blockchain exploration tools to millions of users worldwide.

Crypto & Web3Fintech

Nicolas Cary(Founder)inBen R.(Founder)in

Co-investorsBlue Lion GlobalCoinbase VenturesCRV (Charles River Ventures)Digital Currency GroupFuture Perfect VenturesMosaic Ventures+8 more

DOSS builds an Adaptive Resource Platform (ARP) that replaces traditional ERP systems for operations teams across industries.

AI & Machine LearningData & InfrastructureEnterprise SoftwareSaaS

Wiley Jones(Co-founder)inArnav Mishra(Co-founder)

Co-investorsContraryHawk Hill VenturesMadrona Venture GroupPathlight Ventures

Dropzone AI builds AI agents that investigate security alerts, hunt threats, and respond to cyberattacks for security teams and organizations.

AI & Machine LearningCybersecurityEnterprise Software

Edward Wu(Founder and CEO)in

Co-investorsDecibel PartnersMadrona Venture GroupIn-Q-TelPioneer Square Ventures

Initia provides blockchain infrastructure that connects full-stack applications through integrated protocols and aligned economic incentives.

Crypto & Web3Data & Infrastructure

Co-investorsA.Capital VenturesBig Brain HoldingsFigmentHack VCNascent

PartnerTomasz Tunguz· led

Koah Labs operates an advertising network built for AI-native platforms, using real-time first-party intent matching to place native ads inside conversational AI interactions.

AdTechAI & Machine LearningMarketing Tech

LanceDB is an AI-native multimodal lakehouse platform that unifies training data across multiple systems to accelerate model development and dataset creation at scale.

AI & Machine LearningData & InfrastructureDeveloper ToolsEnterprise SoftwareSan Francisco, US

Chang She(Founder)inLei Xu(Founder)

Co-investorsAngel Collective Opportunity FundCRV (Charles River Ventures)Swift VenturesThe E14 FundWayfinder VenturesY Combinator+5 more

Maze is a security company, founded in 2024, that uses AI to help defenders identify and address vulnerabilities in code and cloud environments.

AI & Machine LearningCloud ComputingCybersecurityDeveloper Tools

Co-investorsTapestry VC

MotherDuck provides a serverless cloud analytics database built on DuckDB, enabling users to query and understand their data more easily.

Cloud ComputingData & InfrastructureSeattle, US

Jordan Tigani(Co-founder and Chief Duck-Herder)inHannes Mühleisen(Co-founder)Mark Raasveldt(Co-founder)Tino TereshkoRyan Boyd(Founder)in

Co-investorsAmplify PartnersAndreessen HorowitzEastlink Capital PartnersFelicis VenturesFirestreak VenturesKearny Jackson+7 more

San Mateo, US

Evan Goldberg(Executive Officer, Director)Douglas P. Solomon(Executive Officer)Marc Huffman(Executive Officer)Ronald Gill(Executive Officer)James McGeever(Executive Officer)Zachary Nelson(Executive Officer, Director)

Co-investorsKhosla Ventures

Ollama provides a platform for building with and running open-source language models locally and in the cloud.

AI & Machine LearningData & InfrastructureDeveloper ToolsEnterprise SoftwarePalo Alto, US

Jeffrey Morgan(Founder)inMichael Chiang(Founder)in

Co-investorsAngel Collective Opportunity FundPace CapitalY Combinator8VCBenchmarkEssence Venture Capital+1 more

Omni is a business intelligence and analytics platform that combines dashboards, spreadsheet-style modeling, SQL, and an AI chat interface on top of a governed semantic layer.

AI & Machine LearningData & InfrastructureSaaS

Chris Merrick(Founder)in

Co-investorsAurumICONIQSnowflake VenturesSouth QuadTamarisc VenturesCraft Ventures+1 more

Tobiko Data builds data transformation tooling, including the open-source SQLGlot SQL parser and SQLMesh transformation framework, plus its flagship Tobiko Cloud, which adds state-aware pipeline management, column-level lineage, collaboration, and cost tracking.

Data & InfrastructureDeveloper ToolsSaaS