Ulu Ventures

company

About

Ulu Ventures provides early-stage investments to enterprise cloud and smart data companies.

  • 1 - 10

Details

Industries
Financial Services,FinTech,Information Technology,Venture Capital
Founded date
Jan 1, 2008
Number Of Employee
1 - 10
Operating Status
Active
Investor Type
MVC,Venture Capital

Ulu Ventures provides early-stage investments in enterprise SaaS and smart data companies.

A seed-stage venture firm focused primarily on enterprise IT, Ulu focuses on the market opportunity created by the Stanford and Silicon Valley communities. Ulu generates financial results using a disciplined, repeatable decision-making process that analyzes risk-reward trade-offs. Ulu follows logical principles of portfolio construction given its pure-play seed strategy. This approach makes the firm conventional in the world of institutional investors but contrarian as compared to many VCs. Ulu's goal is to be a top quartile fund consistently, on a fund-over-fund basis.

In 2008, Miriam Rivera and Clint Korver established the firm in Palo Alto, California. The GPs have both been startup founders, and have tech industry experience in companies from the formation stage to joining Google as employee 160 and negotiating and closing deals that helped it grow from $85m to $10B in revenue. Both have served as trustees of higher education and foundation endowments valued from $1B to $16B.

Investments

Number of Investments
Number of Lead Investments
41
3
Ulu Ventures has made 41 investments. Their most recent investment was on Oct 18, 2022, when Snowball Wealth raised $1.60M.
Date Company Name
Round Money Raised Industry Lead Investor
Oct 18, 2022 Snowball Wealth
Pre-seed $1.60M Financial Services
Jul 27, 2022 VerImmune
Seed $2.50M Biotechnology
Jul 18, 2022 Novel Capital
Seed Financial Services Yes
Seed $4.20M Blockchain Yes
Mar 25, 2022 Syndicate
Series Unknown $6M Cryptocurrency