Underscore VC
Boston · Pre-Seed–Series A · 23 people tracked
Investment thesis
Underscore VC backs B2B software startups with a differentiated investing model centered on active operational support. The firm leverages its Core Community—a network of successful entrepreneurs and executives—to provide hands-on business building expertise alongside capital. By sharing economics with Core Partners and Limited Partners who mentor portfolio companies, Underscore aligns incentives across all stakeholders and offers founders access to experienced operators in the Boston innovation ecosystem and globally.
Source: firm website, verified Jul 20, 2026.
Team · 23 people
from the firm's websiteBoard director and advisor with expertise in corporate strategy, business scaling, leadership team development, and M&A integration. Former COO and President of Amazon Robotics and an active Underscore VC Core Member.
Seasoned entrepreneur with over 30 years of experience building and scaling technology, healthcare, and life sciences companies. Co-founder of Tamr and an Underscore VC Core Limited Partner serving as Core Partner to Trove Health.
CEO and board chairman of Rapid7, serving on the National Security Telecommunications Advisory Committee and as chair of the Federal Reserve Bank of Boston. Serves as Core Partner to CloudZero.
Original creator and project lead for the Drupal open source web publishing platform and co-founder/CTO of Acquia. Supported Underscore VC as a Core Partner to early investments including Moltin and Mautic.
Technology executive and startup advisor who previously served as SVP of Engineering at Toast. An Underscore VC Core Limited Partner and Core Partner to Mable.
Founder and CEO of Duckbill with prior experience as an executive at Uber and Oscar Health. An Underscore VC Core Limited Partner.
VP of Product for Azure Communication Services at Microsoft and an Underscore VC Core Limited Partner. Previously led product efforts at Squarespace through a period of significant growth.
President and co-founder of Toast, leading product and innovation. Prior to Toast, developed early mobile applications for platforms that preceded smartphones. An Underscore VC Core Limited Partner.
What they invest in
from 21 of 74 portfolio companiesAI & Machine Learning ×16SaaS ×11Enterprise Software ×7Fintech ×5Healthtech ×4Cloud Computing ×3Data & Infrastructure ×3Marketing Tech ×3
HQs:United States×13United Kingdom×1
Investments · showing 60 of 74
founders shown can be your intro pathWeb3 product studio creating software for a more open, safe, and collaborative web through decentralized data networks.
Transforming air cargo with shared airfreight gateways.
LearnLux provides personalized financial guidance to employees through employers, covering budgeting, debt management, benefits navigation, and long-term planning delivered by credentialed financial planners on a fiduciary basis. The platform serves multinational organizations across the United States, Europe, Asia, Latin America, Africa, and the Middle East.
FintechHR TechSaaSWellness & Fitness
Goldcast provides AI-powered video content creation and management tools that transform long-form videos into production-ready clips, blogs, and social content for go-to-market teams. The platform helps marketing teams engage audiences through webinars, video podcasts, and thought leadership content while providing analytics on viewer engagement and account-level insights for account-based marketing.
AI & Machine LearningMarketing Tech
BusRight provides a student transportation platform that enables transportation teams to manage routes, stops, and operations. The platform serves K-12 transportation departments and school districts with route optimization, driver navigation, and real-time parent communication features.
Logistics & Supply ChainSaaS
Cloud data lakes for enterprises.
Cenoa is a fintech platform that enables global freelancers and solopreneurs to open free US, European, or UK bank accounts and receive international payments with zero fees. The platform offers instant local currency withdrawals, crypto stablecoin transfers, and AI-powered freelancer tools, targeting professionals earning income globally.
Creator EconomyFintechSaaS
Seçkin Çağlın(Cofounder, Co-CEO)inEmre Ertan(Cofounder, Co-CEO)inBuğra Çakmak(Cofounder, Blockchain)inSırrı Perek(Cofounder, Tech Lead)in
CloudZero provides cost allocation and financial management for AI workloads, helping companies understand the ROI of their AI investments across cloud platforms and AI services. The platform integrates with enterprise cloud providers and SaaS tools to map AI spend to business outcomes for engineering, finance, and IT teams.
AI & Machine LearningCloud ComputingEnterprise Software
All-in-one doc that brings words, data, and teams together.
Coda (now Superhuman Docs) is a collaborative workspace platform that combines document editing, database tables, and application-building capabilities for teams. It serves as a centralized hub to replace multiple tools like Google Docs, Airtable, Notion, and spreadsheets, with AI-powered assistance and 600+ integrations.
AI & Machine LearningFuture of WorkSaaS
Smart bracelet designed by survivors of assault to provide an easy exit from iffy situations.
Captures unstructured data and transforms it into enriched, computational-ready knowledge.
Defense and dual-use robotics company building autonomous systems for critical military and maritime challenges.
Digital events platform for B2B marketers to host brand experiences and drive revenue.
H1 operates an AI-driven platform that integrates healthcare data to identify and match doctors for clinical trials, patient care, medical affairs, and referrals. The company serves pharmaceutical companies, healthcare providers, and other organizations that need to connect with appropriate medical expertise.
AI & Machine LearningDigital HealthHealthtechNew York City, US
Digital infrastructure for commercial insurance enabling quote and bind through a single API.
Hi Marley provides communication and engagement software for insurance carriers and policyholders, using intelligent solutions to facilitate customer interactions throughout the insurance lifecycle. The company serves insurers and their customers seeking to improve claims processing and policy management experiences.
Enterprise SoftwareInsurTechSaaS
Mike GreeneMitesh SuchakJohn Miller
Building an hourly workspace that works for everyone.
Shoppable user-generated content solutions to drive sales.
Automates manual, data-intensive operational processes using AI for mission-critical business operations.
Serverless DevOps platform for teams building and running event-driven architectures in AWS Lambda.
Kard provides transaction data and insights from millions of consumers to advertisers and financial institutions, enabling banks and card issuers to understand shopping behavior across consumer wallets while offering customizable API integrations. The company serves advertisers, banks, card issuers, and fintechs with PCI-compliant and SOC 2 certified infrastructure.
AdTechAI & Machine LearningData & InfrastructureFintechMarketing TechNew York City, US
Fully contextualized business materials delivered by agentic AI.
Leading provider of workplace financial wellbeing blending fiduciary digital planning with one-on-one guidance.
Lendflow provides a platform for fintechs, lenders, and vertical SaaS companies to offer lending and financial products to their customers. The platform enables businesses to automate lending processes and deliver faster, more transparent credit access.
AI & Machine LearningCloud ComputingFintechAustin, US
Cloudera is a hybrid platform for data, analytics, and AI, serving enterprises and data teams. The company provides infrastructure and tools for organizations to manage and analyze large-scale data.
AI & Machine LearningCloud ComputingData & InfrastructureEnterprise Software
Simplifies multi-click processes into single-click actions across multiple software systems.
Luminai builds an AI-native operating system that unifies fragmented healthcare operational work streams to automate administrative and operational tasks across health systems. The platform addresses the rising cost of healthcare administration by automating interconnected work processes that previously required point solutions and large workforces.
AI & Machine LearningDeveloper ToolsEnterprise SoftwareHealthtechSaaSSan Francisco, US
Kesava Kirupa Dinakaran(CEO and Founder)in
Mable is a genomics-based telehealth platform that provides personalized migraine care by analyzing patients' genetic and biomarker data to inform individualized treatment plans. The company serves migraine sufferers seeking precision medicine alternatives to traditional trial-and-error medication approaches.
AI & Machine LearningBiotechDigital HealthHealthtechMedical DevicesLondon, GB
Roman Rothaermel(CEO)inInna Nicole ThalmannChris EijsboutsKumeren Govnder
Meeting interface built on Zoom offering insights and interactivity to make video meetings more productive.
First open marketing cloud enabling companies to connect digital properties and channels into seamless customer experiences.
Platform where institutions go to understand crypto.
Moltin provides API-based commerce infrastructure that allows retailers and developers to build and deploy shopping experiences across websites, mobile apps, and other customer touchpoints. The platform offers modular APIs, developer tools, and pre-built components to handle core commerce functions.
E-commerceEnterprise SoftwareBoston, US
Jamie Holdroyd(Founder/CIO)inAdam Sturrock(Founder/Vice President Customer Success)in
Korl is an AI agent that generates personalized business presentations for customer interactions like roadmap reviews, quarterly business reviews, and contract renewals by integrating data from tools like Salesforce, Jira, and Google Docs. The platform automatically applies a company's branding and visual styles to AI-generated slides tailored to each customer's specific goals and product usage patterns.
AI & Machine LearningEnterprise SoftwareSaaS
AI-powered data protection platform.
Offers simple escapes to tiny cabins nestled in nature.
Hue provides an AI-powered platform for brands and retailers to manage, optimize, and merchandise user-generated video content across their ecommerce experiences. The platform automatically ingests videos from social platforms, ranks them by performance, and enables shoppable video modules that drive conversion and discovery through search and AI.
AI & Machine LearningE-commerceMarketing Tech
World's most advanced supply chain visibility platform.
Board seats · per SEC filings · 5
what is this? ⓘ$50M raise · filed Feb 2025 · via James Orsillo, Michael Skok
$6.1M raise · filed Feb 2025 · via Brian Michael Devaney
$3M raise · filed Oct 2023 · via Brian Devaney
$51M raise · filed Apr 2021 · via Michael Skok
$8.5M raise · filed Nov 2020 · via Richard Dulude
Inferred from directors named on each company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
Frequently asked questions
- What stage does Underscore VC invest at?
- Underscore VC invests at the Pre-Seed, Seed, Series A stages.
- What sectors does Underscore VC focus on?
- Underscore VC focuses on Enterprise Software, SaaS.
- Where is Underscore VC located?
- Underscore VC is headquartered in Boston, US.
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