🦊/People

Nakul Mandan

Investor

Venture Partner at Lightspeed Venture Partners · Partner at Audacious · Board director at Building Connected · Board director at Gainsight · Board Member at Delphix

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Writes $1M – $5M checks

Find your path to Nakul

774 people in our graph share verified history with Nakul — schools, employers, funds. One of them is your warm intro.

Danny RimerunlockedNakul: together at Multiverse (2019–2026)
Nakul: together at Multiverse
×3Nakul: together at Deutsche Bank
×4Nakul: together at Battery Ventures

About

Nakul Mandan is the founder of Audacious Ventures, an early stage venture firm focused on backing ambitious product founders going after very large markets. Before starting Audacious, he was a Partner at Lightspeed and earlier spent time at Battery Ventures, where over the past decade he led or was involved in investments across AI, enterprise software, marketplaces, and fintech. He centers his approach on two ingredients he sees as decisive — large markets and A+ teams — and works closely with portfolio founders on recruiting top talent. He also hosts a podcast, Knuckle Up with Nakul, where he interviews founders about how they build outlier companies. In 2024 he announced Audacious 2.0, a $150M second fund for seed stage founders.

Contact· published on Nakul's own website

Invests in

AI & Machine LearningClimate TechCloud ComputingCrypto & Web3Developer ToolsEdTechEnterprise SoftwareFintechFuture of WorkMarketplacesSaaS

Beyond investing

Founded
Founded Audacious Ventures, an early stage VC firm.
More
Hosts a podcast called Knuckle Up with Nakul, interviewing founders about how they build outlier companies.

From Nakul's own website — common ground for a warm intro.

Board director at Building Connected

Intro paths

In turn, Nakul can intro founders to Building Connected's investors below.

Co-founders at Building Connected

JPJesse Pedersen
Jesse PedersenDirector
DD
Dustin DeVanExecutive Officer, Director

Board director at Gainsight

Intro paths

In turn, Nakul can intro founders to Gainsight's investors below.

Co-founders at Gainsight

NMNick Mehta
Nick MehtaChief Executive Officer
JE
James EberlinDirector

Board Member at Delphix

Intro paths

In turn, Nakul can intro founders to Delphix's investors below.

Co-founders at Delphix

JYJedidiah Yueh
Jedidiah YuehFounder, Executive Chairman & CEO
CZ
Charlie ZhaCo-Founder & former CTO

Experience

  1. Audacious VenturesFounder and Partnercurrent2020 — presentSan Francisco Bay Area
  2. Lightspeed Venture PartnersVenture Partnercurrent2020 — present
  3. Lightspeed Venture PartnersPartner2014 — 2020San Francisco Bay Area
  4. People.aiBoard Member and Lead investorcurrent2016 — presentSan Francisco Bay Area
  5. MultiverseBoard Member and Lead Investorcurrent2018 — present
  6. GainsightBoard Observer and Investor2014 — 2020
  7. GainsightBoard Member2013 — 2014San Francisco Bay Area
  8. BuildingConnectedBoard Member and Investor2017 — 2018
  9. Battery VenturesInvestor2009 — 2014San Francisco Bay Area
  10. Blue River CapitalAssociate2006 — 2009Mumbai Area, India
  11. Deutsche BankAnalyst2005 — 2006Mumbai Area, India

Skills & more

Venture Capital27SaaS15

From Nakul's professional profile.

Deals · 2

Multiverse GroupBoard seat

via Audacious · filed Jun 2024 · $5M raise

FortressIQBoard seat

via Audacious · filed Oct 2020 · $30M raise

Attribution from SEC filings, press coverage, and firm rosters.

Other disclosed investments

Sources: SEC Form D filings · curated public sources · the investor's own website.

Podcasts & interviews

featuring Nakul Mandan

How a first-time CEO is taking on Google: No process, no NPC hires, and extreme shipping velocity

Knuckle Up with Nakul

Colleagues at Lightspeed Venture Partners

Network1

Investors connected to Nakul in public investor directories — a warm-intro map.

Frequently asked questions

Who is Nakul Mandan?
Nakul Mandan is the founder of Audacious Ventures, an early stage venture firm focused on backing ambitious product founders going after very large markets. Before starting Audacious, he was a Partner at Lightspeed and earlier spent time at Battery Ventures, where over the past decade he led or was involved in investments across AI, enterprise software, marketplaces, and fintech. He centers his approach on two ingredients he sees as decisive — large markets and A+ teams — and works closely with portfolio founders on recruiting top talent. He also hosts a podcast, Knuckle Up with Nakul, where he interviews founders about how they build outlier companies. In 2024 he announced Audacious 2.0, a $150M second fund for seed stage founders.
Where does Nakul Mandan work?
Nakul Mandan is Venture Partner at Lightspeed Venture Partners and Board director at Building Connected and Board director at Gainsight and Board Member at Delphix.
What does Nakul Mandan invest in?
Nakul Mandan invests in AI & Machine Learning, Climate Tech, Cloud Computing, Crypto & Web3, Developer Tools, EdTech, Enterprise Software, Fintech, Future of Work, Marketplaces, SaaS.
What check size does Nakul Mandan write?
Nakul Mandan typically writes checks of $1M – $5M.
What boards does Nakul Mandan sit on?
Nakul Mandan holds tracked board seats at FortressIQ, Multiverse Group.
What companies has Nakul Mandan invested in?
Investments tracked here include 6Sense, Abstract, Avoca, Backstory, Building Connected, Curious Cardinals, Decagon, Delphix, Flint, FortressIQ, Gainsight, Implied, and 18 more.
Where did Nakul Mandan go to school?
Nakul Mandan studied at Indian Institute of Technology Kanpur (B.Tech.); Indian Institute of Management, Lucknow (MBA).
What has Nakul Mandan written?
Nakul Mandan has 1 tracked post on nakulmandan.com, including "Unlearn Everything Now!".
What podcasts and interviews feature Nakul Mandan?
Tracked appearances include "How a first-time CEO is taking on Google: No process, no NPC hires, and extreme shipping velocity".

Same school

Shared employers