Fundraising Fox

Tomasz Tunguz

Investor

Founder & General Partner at Theory Ventures · Board director at Kustomer · Board director at Omni Analytics, Inc. · Board director at Allium

San Francisco, CA

Writes $1M – $25M checks

About

Tomasz Tunguz spent well over a decade at Redpoint Ventures before founding Theory Ventures in 2022, a research-driven firm focused on data, AI and software infrastructure. His daily blog at tomtunguz.com, full of benchmarks and SaaS metrics analysis, has been required reading for software founders for years. He co-authored Winning with Data with former Looker CEO Frank Bien.

Contact· published on Tomasz's own website

Likely email· guessed from name + firm domain, not firm-published

Invests in

AI & Machine LearningData & Infrastructure

Beyond investing

Founded
Founded Theory Ventures, a venture capital firm investing in AI-first software companies.
Education
Earned a Master of Engineering Management from Dartmouth. Studied at Dartmouth University
Hobbies
Writes a daily blog with data-driven analysis of AI, SaaS metrics, and venture capital, and has been writing for 16 years. Is a self-described lover of the ampersand and experiments with mimicking authors like Cormac McCarthy in his writing.
More
Has been quoted in Bloomberg, The Wall Street Journal, and The Economist on AI monetization and tech market dynamics.

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

Board director at Kustomer

Intro paths

In turn, Tomasz can intro founders to Kustomer's investors below.

Co-founders at Kustomer

JSJeremy Suriel
Jeremy SurielDirector, Promoter
BBBrad Birnbaum

Board director at Omni Analytics, Inc.

Intro paths

In turn, Tomasz can intro founders to Omni Analytics, Inc.'s investors below.

Co-founders at Omni Analytics, Inc.

CM
Christopher MerrickExecutive Officer, Director, Promoter
JD
James DavidsonExecutive Officer, Director, Promoter
CZ
Colin ZimaExecutive Officer, Director, Promoter

Board director at Allium

Intro paths

In turn, Tomasz can intro founders to Allium's investors below.

Co-founders at Allium

CHCheng Han Lee
Cheng Han LeeCTO
YS
Yi Sheng ChanExecutive Officer, Director, Promoter

Experience

  1. Theory VenturesGeneral Partnercurrent2022 — present
  2. Redpoint VenturesManaging Director2008 — 2022
  3. Winning with DataCo-Author2016
  4. Google, Inc.Product Manager2005 — 2008
  5. Appian CorporationEngineer2004

Skills & more

Management19SaaS27Software as a Service (SaaS)12Entrepreneurship99Online Marketing70Monetization55Mobile Internet17Machine Learning4Digital Media50Social Media19Social Networking37Enterprise Architecture8
+10 moreStart-upsBig DataSEMVenture CapitalBusiness DevelopmentStrategic PartnershipsProduct ManagementMarketingE-commerceFinTech

From Tomasz's professional profile.

Deals · 6

AlliumBoard seat

via Theory Ventures · filed Jul 2026 · $40M raise

press ↗

Omni Analytics, Inc.Board seat

via Theory Ventures · filed Mar 2025 · $68.8M raise

MattermostBoard seat

via Redpoint Ventures · filed Jul 2019 · $50.4M raise

press ↗

KustomerBoard seat

via Redpoint Ventures · filed Jun 2019 · $40M raise

LookerBoard seat

via Redpoint Ventures · filed Mar 2017 · $81.5M raise

press ↗

KoahLed round

via Theory Ventures

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

Other disclosed investments

Investor

ArtemisBackOpsDremioHexMonte CarloMother DuckOllamaOmniSail

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

Books by Tomasz Tunguz

Podcasts & interviews

featuring Tomasz Tunguz

Inside the AI Sprint | Tomasz Tunguz, Theory Ventures

The Peel with Turner Novak

Theory Ventures founder on GTM leverage, AI margins, real enterprise TAM, and more | Tomasz Tunguz

Chargebee

The Test That Decides Whether Your AI Pilot Survives | Tomasz Tunguz (Founder of Theory Ventures)

The AI Ready Show

Tomasz Tunguz, General Partner at Theory Ventures on the Evolution of Venture Capital.

The Information

46 - Tomasz Tunguz, General Partner at Theory Ventures

Slice of Technology

The State of SaaS Go-to-Market l Theory Ventures General Partner Tomasz Tunguz #saas #b2bsaas

SaaStr AI

4 more appearances

Colleagues at Theory Ventures

Network11

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

Frequently asked questions

Who is Tomasz Tunguz?
Tomasz Tunguz spent well over a decade at Redpoint Ventures before founding Theory Ventures in 2022, a research-driven firm focused on data, AI and software infrastructure. His daily blog at tomtunguz.com, full of benchmarks and SaaS metrics analysis, has been required reading for software founders for years. He co-authored Winning with Data with former Looker CEO Frank Bien.
Where does Tomasz Tunguz work?
Tomasz Tunguz is Founder & General Partner at Theory Ventures and Board director at Kustomer and Board director at Omni Analytics, Inc. and Board director at Allium.
What does Tomasz Tunguz invest in?
Tomasz Tunguz invests in AI & Machine Learning, Data & Infrastructure.
What check size does Tomasz Tunguz write?
Tomasz Tunguz typically writes checks of $1M – $25M.
What boards does Tomasz Tunguz sit on?
Tomasz Tunguz holds tracked board seats at Allium, Kustomer, Looker, Mattermost, Omni Analytics, Inc..
What companies has Tomasz Tunguz invested in?
Investments tracked here include Koah, Artemis, BackOps, Dremio, Hex, Looker, Monte Carlo, Mother Duck, Ollama, Omni, Sail.
Where did Tomasz Tunguz go to school?
Tomasz Tunguz studied at Thayer School of Engineering (MEM, Engineering Management); Thayer School of Engineering (BE, System Identification and Control Systems); Dartmouth College (BA, Mechanical Engineering).
What podcasts and interviews feature Tomasz Tunguz?
Tracked appearances include "Inside the AI Sprint | Tomasz Tunguz, Theory Ventures", "Theory Ventures founder on GTM leverage, AI margins, real enterprise TAM, and more | Tomasz Tunguz", "The Test That Decides Whether Your AI Pilot Survives | Tomasz Tunguz (Founder of Theory Ventures)", and 7 more.
Does Tomasz Tunguz lead rounds?
Yes — Tomasz Tunguz has led 1 tracked investment.

Paths to reach Tomasz

People who overlapped with Tomasz at the same organization — a shared school or employer with one of them is a warm way in.

Together at Redpoint VenturesTomasz: Partner

Together at Theory VenturesTomasz: Founder & General Partner

Together at Appian CorporationTomasz: Engineer

Together at KustomerTomasz: Director

Together at Omni Analytics, Inc.Tomasz: Director

Same school

Shared employers