San Francisco · Pre-Seed–Seed · 1 people tracked
Also known as ZELDA VENTURES, LLC
Investment thesis
Zelda Ventures backs pioneering companies across diverse sectors, positioning itself as the first choice for first checks and often writing the earliest checks for serial entrepreneurs. The firm emphasizes long-standing relationships and trust, leveraging founder Suzanne Fletcher's extensive network of over 900 founders and top-tier co-investing VC funds built across a multi-decade career. It supports founders through an extended team of functional specialists.
Source: firm website, verified Aug 25, 2026.
Team · 1 people
from the firm's website
What they invest in
from 32 of 40 portfolio companiesAI & Machine Learning ×25SaaS ×9Healthtech ×6Digital Health ×5Enterprise Software ×5Fintech ×5Deep Tech ×4Developer Tools ×4
HQs:United States×10
Who they back
founder profiles across 11 portfolio companiesFounding team size:solo founder×62 founders×43 founders×1
Accelerator rootsportfolio companies that came through a program
Investments · 40 tracked
founders shown can be your intro pathBy year:2026 · 12025 · 12024 · 24 dated
Eridu develops networking infrastructure optimized for artificial intelligence workloads.
AI & Machine LearningCloud ComputingDeep TechHardwareSaratoga, US
Drew Perkins(CEO and founder)inChristian Gallagher(Director)Jagdeep Singh(Director)Omar Hassen(Director)Dipender Saluja(Director)Brian Kinard(Executive Officer)
PartnerSuzanne Fletcher· solo GP
Co-investorsBosch VenturesCatapult VenturesMatter Venture PartnersSocratic PartnersBlack Opal VenturesFriends Family Capital+12 more
8-Fold operates a knowledge ecosystem focused on physical AI, bringing together researchers, engineers, and builders to share ideas and developments in the field.
AI & Machine LearningDeep TechRobotics
PartnerSuzanne Fletcher· solo GP
Co-investorsService Provider Capital
Andromeda Surgical develops an AI-guided surgical platform that provides GPS-like navigation and autonomous task capabilities to surgeons, starting with endourology procedures.
AI & Machine LearningHealthtechMedical DevicesRoboticsSan Francisco, US
Nick Damiano(Founder)inKartik Tiwari(Founder)in
PartnerSuzanne Fletcher· solo GP
Co-investorsEarl Grey CapitalNorth South VenturesNZVCPhaze VenturesRebel FundY Combinator+5 more
Beyond Health operates an integrated primary care model combining in-person clinic visits with virtual care programs, focusing on chronic disease management and preventive health for patients seeking alternatives to traditional hospital-based care.
Digital HealthHealthtech
Co-investorsNecessary Ventures
bitHuman turns photos into real-time, lip-synced video avatars and AI characters with voice, running fully on-device across hardware from Raspberry Pi to iPhone to NVIDIA GPUs.
AI & Machine LearningDeep TechDeveloper ToolsMedia & Entertainment
PartnerSuzanne Fletcher· solo GP
Co-investorsYAR Ventures
Bovo builds an AI music creation platform that lets musicians, content creators, composers, and businesses generate, edit, and license original music, including tools for humming to music, harmonization, arrangement, and text-to-melody.
AI & Machine LearningCreator EconomyEdTechMedia & EntertainmentCupertino, US
Donald Szeto(Co-founder)inAustin Yip(Co-founder)inDonald Kit Pang Szeto(Executive Officer, Director, Promoter)Ho Kwen Austin Yip(Executive Officer, Director, Promoter)
PartnerSuzanne Fletcher· solo GP
Caeli AI is a shopping assistant that identifies products eligible for HSA/FSA benefits, pays using benefit cards or automates reimbursement, and obtains clinician-approved Letters of Medical Necessity at checkout.
AI & Machine LearningDigital HealthFintech
Co-investorsUlu Ventures
Canopy is a crowdfunding platform for independent lab testing of consumer food products, letting people pledge together to fund contaminant testing at qualified third-party labs.
ConsumerFoodTechMarketplaces
Crossfill helps brands optimize their visibility in AI search engines like ChatGPT, Perplexity, and Google AI Overview.
AI & Machine LearningMarketing Tech
Satish K.(Founder)in
PartnerSuzanne Fletcher· solo GP
Co-investorsUlu Ventures
CuraFi provides a drug risk and cost management solution aimed at expanding patient access to specialty medication.
AI & Machine LearningDigital HealthEnterprise SoftwareHealthtechSaaS
PartnerSuzanne Fletcher· solo GP
Co-investorsAV8 VenturesSwell PartnersTau VenturesSixThirty Ventures
Field Materials uses AI and large language models to automate data entry and verification of material and equipment procurement for construction contractors.
AI & Machine LearningConstruction TechSaaSCharlotte, US
Eldar Sadikov(Founder)in
PartnerSuzanne Fletcher· solo GP
Co-investorsBlumberg CapitalFlyer One VenturesNavitas CapitalSuperSeed VenturesZacua Ventures
Forest3 develops small, semi-autonomous equipment for forest management tasks such as fire prevention and precision harvesting.
AgTechClimate TechRobotics
PartnerSuzanne Fletcher· solo GP
GaanaAI is an AI-native creative agency that produces advertising videos and images for brands via a managed service, where clients submit a brief and assets and receive finished content.
AdTechAI & Machine LearningE-commerceMarketing Tech
Harish Doddi(Founder)
PartnerSuzanne Fletcher· solo GP
Co-investorsUlu Ventures
Happenstance is a deal sourcing platform that helps investors find founders and startups through their professional networks, enabling research and identification of co-investment opportunities.
AI & Machine LearningConsumerEnterprise SoftwareHR TechSaaSSan Francisco, US
Alex Teichman(Founder)in
PartnerSuzanne Fletcher· solo GP
Co-investorsY Combinator
Spine is an AI-backed alternative to brokers and PEOs that manages a company's healthcare benefits, payroll, and compliance through a single team, providing employees with a 24/7 concierge for benefits questions and medical bill negotiation.
AI & Machine LearningHealthtechHR Tech
It'sRapid AI offers an AI-powered platform, including its Optix engine, that scores and optimizes retail product content, audits product detail pages, and automates creation of retailer-compliant assets such as banners, PDP imagery, sell sheets, and sponsored video.
AI & Machine LearningMarketing TechRetail Tech
PartnerSuzanne Fletcher· solo GP
Jest is a messaging app that can be used in a web browser and lets users sign up with a text message.
ConsumerGamingSocial
Co-investorsInception Studio CapitalInnovation EndeavorsJanuary Ventures
Kargo uses computer vision hardware installed at warehouse loading docks to capture freight data in real time and convert dock-door activity into structured data.
AI & Machine LearningHardwareLogistics & Supply ChainSaaS
Sam Lurye(Founder)
PartnerSuzanne Fletcher· solo GP
Co-investorsSozo VenturesActivant CapitalB3 CapitalGood FriendsGreat Oaks Venture CapitalHat-Trick Capital+7 more
PartnerSuzanne Fletcher· solo GP
Octagon provides research reports and analytics for prediction markets, comparing model-generated probabilities to live market prices to identify pricing gaps ("edge").
AI & Machine LearningData & InfrastructureFintech
PartnerSuzanne Fletcher· solo GP
Co-investorsAI Fund
Okahu provides tools for engineers to identify and debug issues in AI agents, offered through a cloud platform.
AI & Machine LearningCloud ComputingDeveloper ToolsRedwood City, US
Prasad Mujumdar(Founder)inPratik Verma(Founder)in
PartnerSuzanne Fletcher· solo GP
Co-investorsUlu VenturesStartX
Ori is an AI platform that aggregates a firm's emails, meetings, CRM, documents, and relationships to automatically generate investment diligence memos, scoring, and decision insights.
AI & Machine LearningEnterprise SoftwareFintechBrooklyn, US
Dhiraj Singh(Executive Officer, Director)Gregory Lloyd Bildson(Executive Officer, Director)
BoardStuart Ellman(Director)in
PartnerSuzanne Fletcher· solo GP
Co-investorsRRE Ventures
PosterChild.ai is an AI tool for nonprofits and mission-driven organizations that turns community stories into social media content with automated scheduling, and builds microsites to showcase those stories.
AI & Machine LearningImpact & Social GoodMarketing Tech
PartnerSuzanne Fletcher· solo GP
Protogon develops AI models designed to have deep understanding of the world, which the company monetizes through proprietary trading.
AI & Machine LearningDeep TechFintech
PartnerSuzanne Fletcher· solo GP
PullFlow is a code review collaboration platform that synchronizes pull request conversations across GitHub, Slack, VS Code, and AI agents, aiming to speed up review and merge cycles.
AI & Machine LearningDeveloper ToolsSaaS
PartnerSuzanne Fletcher· solo GP
Co-investorsIndus Valley CapitalThe MBA Fund
Question Base is an AI agent that answers employee questions in Slack by drawing from connected documentation platforms like Confluence, Google Drive, and Notion.
AI & Machine LearningEnterprise SoftwareSaaSDover, US
Yana TornoeStefanKasper
PartnerSuzanne Fletcher· solo GP
Co-investorsTechstars
Redcoat AI provides a cybersecurity platform focused on defending organizations against AI-driven social engineering attacks such as phishing, smishing, and deepfake impersonation.
AI & Machine LearningCybersecurityEnterprise Software
John Whaley(CEO and Co-founder)Kelly Byrd(Co-Founder)Mike Morris(Co-Founder)
PartnerSuzanne Fletcher· solo GP
Co-investorsPear VCJ2 VenturesKyber Knight Capital
Rosette Health offers a communication platform for healthcare, connecting providers with patients and their families across different care settings.
Digital HealthHealthtechSaaS
PartnerSuzanne Fletcher· solo GP
Co-investorsThe MBA Fund
Daniel Shen(Founder)in
PartnerSuzanne Fletcher· solo GP
Co-investorsKicker VenturesLink VenturesRoot Ventures Manager, LlcTaiwan Global AngelsThe E14 FundUNION Labs Ventures
Safeworld provides a safety testing and evaluation platform for companies that deploy robots in environments around people.
AI & Machine LearningRoboticsSaaS
Synthpop is a Patient Journey Orchestration Platform that uses AI agents to automate healthcare administrative workflows including referral intake, insurance eligibility verification, prior authorization, and patient communication.
AI & Machine LearningDigital HealthHealthtechCambridge, US
Elad Ferber(Executive Officer, Director)inJan Jannink(Executive Officer, Director)in
BoardIllana Stern(Director)
PartnerSuzanne Fletcher· solo GP
Co-investorsAnsa CapitalDefy PartnersInception Studio CapitalNewfund CapitalPage One VenturesPeterson Ventures+1 more
ThinkChain.ai builds AI tools including AI agents that conduct qualitative interviews and surveys at scale for market researchers and academic professionals, and cloud-hosted MCP server bundles that connect AI assistants like ChatGPT and Claude to external tools.
AI & Machine LearningDeveloper ToolsSaaS
PartnerSuzanne Fletcher· solo GP
Co-investorsSterling Road
Type Five combines modular design with construction methods to build customizable accessory dwelling units and living spaces, offering up-front pricing and faster move-in times.
Construction TechPropTechBerkeley, US
BoardAleksis Bertoni(Director)Tim Thimmaiah(Executive Officer, Director)in
PartnerSuzanne Fletcher· solo GP
Co-investorsBackwards CapitalBlack Jays VenturesCarbide VenturesHawk Hill VenturesNight Capital
USPD is a decentralized, non-custodial stablecoin protocol collateralized on-chain by staked ETH (stETH), passing the native staking yield to holders and using third-party "Stabilizers" to over-collateralize positions and maintain its peg.
Crypto & Web3Fintech
PartnerSuzanne Fletcher· solo GP
Portfolio news
latest coverage across their companiesKargo · dealstreetasia.com · Jul 22, 2026
Happenstance · nubiapage.com · Apr 29, 2026
Jest · januaryventures.substack.com · Apr 8, 2026
Synthpop · hlth.com · Feb 4, 2026
Field Materials · finance.yahoo.com · May 1, 2025
Frequently asked questions
- How many investments has Zelda Ventures made?
- Zelda Ventures has 37 tracked investments, including 4 dated in the last 24 months.
- What stage does Zelda Ventures invest at?
- Zelda Ventures invests at the Pre-Seed, Seed stages.
- What is Zelda Ventures's typical check size?
- Zelda Ventures typically writes checks of $25K – $100K.
- What sectors does Zelda Ventures focus on?
- Zelda Ventures focuses on Sector Agnostic.
- Where is Zelda Ventures located?
- Zelda Ventures is headquartered in San Francisco, US.
- Does Zelda Ventures lead rounds?
- Yes, Zelda Ventures leads investment rounds.
- Who does Zelda Ventures co-invest with?
- Zelda Ventures most often shares deals with Ulu Ventures, Inception Studio Capital, The MBA Fund, among 56 tracked co-investors.
Co-investors · 2
8VC is a venture capital firm investing across logistics, life sciences, healthcare, IT infrastructure, and government/defense, guided by its Smart Enterprise thesis focused on data integration and platform network effects.
FirstRock Capital is a venture capital firm that invests in early-stage technology startups showing evidence of product-market fit in the U.S. market. The firm partners with founders to scale their engineering teams in Latin America while providing expertise across product, engineering, finance, marketing, and operations.
Firms observed investing alongside Zelda Ventures, from public investor directories. Shared companies are the overlap with Zelda Ventures's recorded portfolio.
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