What If Ventures — Full Portfolio

AtaiBeckley develops rapid-acting mental health treatments and therapies for patients with difficult-to-treat mental health conditions.

BiotechDeep TechDigital HealthMedical DevicesMental Health

Srinivas Rao(Co-Founder and Chief Executive Officer)inChristian Angermayer(Founder and Chairman of the Board)

PartnerStephen Hays· solo GP

Co-investorsAble PartnersAlpha Wave GlobalCatalio Capital Management, LPFJ LabsFuture VenturesLeafy Tunnel+3 more

Maximus provides technology, operational services, and human-centered design to government agencies, supporting programs across health, human services, veteran support, citizen experience, defense, and national security.

Defense TechGovTech

Co-investorsBlue Delta CapitalElectric AntShrug Capital

LSU Health Sciences Center New Orleans is a public academic health institution with six professional schools and eight Centers of Excellence, providing teaching, research, and health care functions.

BiotechDigital HealthEdTechHealthtechNew Orleans, US

PartnerStephen Hays· solo GP

Aeon Industrial designs and builds weapon systems and targeting software for military operators, combining warfighter experience with engineering.

AI & Machine LearningDeep TechDefense TechHardware

Naweed Tahmas(Chief Executive Officer)inBill Parodi(Chief Engineer)inDean Love(Chief Strategy Officer)inWes Shover(Chief Growth Officer)in

PartnerStephen Hays· solo GP

Co-investorsAntiMaC Venture CapitalHashkey CapitalIDG CapitalOak Grove VenturesSilent Ventures

Affect Therapeutics operates an app-based digital treatment provider offering care for substance use disorders (alcohol, cannabis, opioid) and mental health conditions like depression and anxiety, using methods such as contingency management, CBT, medication-assisted treatment, and peer support.

Digital HealthHealthtechMental HealthNew York, US

Jeff DeFlavio(Co-founder)inKristin Muhlner(Executive Officer, Director)in

BoardKevin Ryan(Director)Jeff Rinehart(Director)in

PartnerStephen Hays· solo GP

Co-investorsArtis VenturesCity LightAlleyCorpLifeArc VenturesSamsung NextAllumia Ventures

Allen Control Systems develops autonomous precision weapon systems designed to counter unmanned aerial threats for military and allied forces.

AI & Machine LearningDefense TechRobotics

Mike Wior(CEO)Steve Simoni(President)inLuke Allen(CTO)

PartnerStephen Hays· solo GP

Co-investorsCapital FactoryCoalitionCraft VenturesForum VenturesInspired CapitalRally Ventures Management, Llc+3 more

Alto Pharmacy is a full-service pharmacy that offers patients medication delivery, cost transparency, and pharmacist access.

ConsumerDigital HealthHealthtechSan Francisco, US

James Karraker(Executive Officer, Director)Mattieu Gamache-Asselin(Founder & CEO)inNichola Eliovits(Director)Nathaniel Kan(Director)Robert Spinner(Director)

BoardNeil Shah(Director)in

PartnerStephen Hays· solo GP

Co-investorsAvego BioScience CapitalBantam GroupCalm VenturesCSC UpshotEvolution VC PartnersFlucas Ventures+8 more

Amyriad Therapeutics develops disease-modifying therapies for Alzheimer's disease, with a lead candidate called Ismidenon that employs novel cholinergic enhancement mechanisms.

BiotechDigital HealthLongevity

Anil K. Ratty(CEO & Founder)in

PartnerStephen Hays· solo GP

Co-investorsElevat3 Capital

Applied Cognition develops neuroscience-based therapeutics and diagnostics, leveraging AI and deep expertise in drug development and clinical research for neurological disorders.

AI & Machine LearningBiotechDeep TechHealthtech

Paul Dagum(CEO & Co-founder)inJake Winebaum(Executive Chairman & Co-founder)in

PartnerStephen Hays· solo GP

Co-investorsGreyMatterMayfield FundSupermoon Capital

HealthtechSaratoga Springs, US

Daniel T. Pickett III(Executive Officer, Director)Timothy Koehler(Executive Officer)Greg Stephen(Executive Officer)

BoardHolly Benson(Director)Mary Langowski(Director)Peter Dorsman(Director)

PartnerStephen Hays· solo GP

Co-investorsClaritas CapitalOlive Tree VenturesPivotal Life SciencesTakeda VenturesVista Equity Partners

AtaiBeckley develops rapid-acting and durable mental health treatments for patients with difficult-to-treat mental health conditions.

BiotechMedical DevicesMental Health

Christian AngermayerCosmo Feilding Mellen(Founder)inSrinivas Rao

PartnerStephen Hays· solo GP

Co-investorsFJ LabsIter InvestmentsLeafy TunnelNoeticRedbus Ventures

PartnerStephen Hays· solo GP

Co-investorsBold Capital PartnersCompoundDeep InsightFlucas VenturesUpfront VenturesDolby Family Ventures

Firehawk Aerospace manufactures solid rocket motors, energetic materials, and propellant using additive (3D printing) manufacturing to produce propellant grains and hybrid rocket engine components.

Defense TechHardwareSpace TechWilmington, US

Will Edwards(Cofounder)inAndrew Wills Edwards(Executive Officer)

PartnerStephen Hays· solo GP

Co-investorsBackswing VenturesCathexis VenturesDecisive PointDraper AssociatesPlains VenturesRed Beard Ventures+5 more

Raven Space Systems develops Microwave Assisted Deposition (MAD) 3D printing technology to manufacture aerospace-grade thermoset and ceramic composite structures, thermal protection, and related parts.

Advanced ManufacturingDefense TechSpace Tech

Ryan Cowdrey(Cofounder)inBlake Herren(Cofounder)in

Co-investorsCapital FactoryFortySix Venture CapitalBackswing VenturesMana Ventures

Umbra designs, builds, tests, and operates satellite systems with precision radar imagery capabilities for space-based missions and intelligence applications.

Deep TechDefense TechSpace TechSanta Barbara, US

David Langan(CEO, Co-founder)Gabe Dominocielo(Executive Officer, Director)in

BoardJohn Burbank(Director)

PartnerStephen Hays· solo GP

Co-investors7BC Venture CapitalChampion Hill VenturesCrosscut VenturesDefense AngelsHemisphere Ventures LLCNimble Partners+6 more