Twelve Below
Venture capitalActively deployingNew York · Pre-Seed–Seed · 2 people tracked
Also known as TWELVE BELOW LLC · Twelve Below Twilight
Investment thesis
Twelve Below aims to be a founder's first true partner, earning the right to lead pre-seed and seed rounds. The firm backs highly ambitious teams early, writing $1M to $3M checks before broader market conviction forms. It emphasizes hands-on, high-touch support, combining seasoned operational insight with founder empathy to help companies navigate pivots, pricing, hiring, and other strategic challenges, positioning itself as a founder's first call.
Source: firm website, verified Aug 3, 2026.
Team · 2 people
from the firm's website
What they invest in
from 10 of 33 portfolio companiesAI & Machine Learning ×5SaaS ×4Biotech ×2Enterprise Software ×2Fintech ×2FoodTech ×2Healthtech ×2HR Tech ×2
HQs:United States×5Mexico×1
Investments · 33 tracked
founders shown can be your intro pathNew York, US
Byron Ling(Director)Zachary Feuerstein(Executive Officer, Director, Promoter)Georgy Balayan(Executive Officer, Director, Promoter)
Board seatByron Ling· per SEC Form D · $4M raise · filed Jun 2023
Barnwell Bio analyzes animal byproducts to produce biosecurity intelligence for livestock producers, helping them detect health problems in herds and flocks early.
AgTechBiotechDeep TechFoodTechNew York, US
Michael Rhys(Executive Officer, Director)Casey McGinley(Executive Officer, Director)Jake Byrnes(Executive Officer)
Caladan Bio develops high-throughput benchtop bioreactor hardware and software for laboratory bioprocessing, enabling faster experimentation and lower costs for biotech R&D teams.
AI & Machine LearningBiotechHardwareNew York, US
Michael J. Kobida(Executive Officer, Director)Robert Jauquet(Executive Officer, Director)
Dispatch is a data orchestration platform that connects wealth technology software by automating client data collection and synchronization across advisory firm tech stacks.
Data & InfrastructureEnterprise SoftwareFintechSaaS
Pet's Table is a direct-to-consumer pet food delivery service in Mexico that provides fresh, natural dog food tailored to individual pets' nutritional needs.
ConsumerDirect to ConsumerFoodTech
Relay Commerce provides software solutions for e-commerce merchants to help them scale and manage their operations.
E-commerceRetail TechSaaS
Ricardo Hinds(Executive Officer, Director)
BoardCassie Lancellotti-Young(Director)
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
Frequently asked questions
- What stage does Twelve Below invest at?
- Twelve Below invests at the Pre-Seed, Seed stages.
- What is Twelve Below's typical check size?
- Twelve Below typically writes checks of $1M – $3M.
- What sectors does Twelve Below focus on?
- Twelve Below focuses on Sector Agnostic.
- Where is Twelve Below located?
- Twelve Below is headquartered in New York, US.
- Does Twelve Below lead rounds?
- Yes, Twelve Below leads investment rounds.
Co-investors · 33
Ground Up Ventures is an early-stage venture capital firm that backs founders from day one, providing hands-on support with hiring, customer introductions, and network access.
Techstars is a startup accelerator and early-stage investor that funds ambitious founders and provides capital, mentorship, and access to a global network of investors, operators, and corporate partners.
Union Square Ventures is a venture capital firm based in New York City that invests in companies at the edge of large markets being transformed by technological and societal pressures.
ACME Capital is a venture firm that backs deep-tech founders combining technical ambition with decisive execution, supporting companies through every phase of growth.
Bonfire Ventures is a seed-stage venture capital firm that backs founders reinventing how business operates, leading seed rounds in AI-native B2B software.
Village Global is a venture capital firm backed by a network of 400+ founders, operator angels, and prominent LPs from leading tech companies, offering founders access to its network alongside capital.
Founders Fund is a venture capital firm that invests in companies building transformative technologies across defense, space, data analytics, and other frontier sectors.
Alumni Ventures (AV) is a venture firm that gives accredited individual investors access to professionally managed, diversified venture portfolios by co-investing alongside leading lead VC firms. It offers annual funds, syndicate deal-by-deal investing, and various investor clubs.
Founder Collective is an early-stage venture capital firm focused on seed and pre-seed investments across all sectors.
Benchmark is a venture capital firm with offices in San Francisco and Woodside that invests in early-stage startups.
BoxGroup is an early-stage venture capital firm that invests in startups at their earliest stages.
Sound Ventures is a venture capital firm that seeks to invest in the technology sector.
▶21 more co-investors
Tiger Global ManagementForerunner VenturesMadrona Venture GroupStellar CapitalCrosslink CapitalOperator LPFlatiron HealthBetaworks Ventures Management, LlcFootworkAIX VenturesComcast VenturesShaan All AccessRocketship.vcK9 VenturesNotation CapitalProject A VenturesAstanor Ventures10x GenomicsANIMO VenturesFootPrint CoalitionAirAngels
Firms observed investing alongside Twelve Below, from public investor directories. Shared companies are the overlap with Twelve Below's recorded portfolio.
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