42Phi Ventures

This VC firm invests in underrepresented founders and provides a comprehensive support ecosystem, including networking, mentorship, and access to capital.

ActiveVenture Capital

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Updated: Jan 22, 2026 ·

About

42Phi Ventures an inclusive pipeline entrepreneurs & startups delivering network, tools, mentors, & access to capital necessary for success.

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Oct 1, 2022	Resilia	$35.0M Series B	—	9Yards Capital, Accel, Advisors Fund LLC, Asylum Ventures, ATX Venture Partners, Backstage Capital, Bessemer Venture Partners, Bungalow Capital, Collab Capital, Collaborative Seed & Growth Partners, Cultivation Capital, Digital Currency Group, Jenny Fielding, Scott Hartley, Expert Dojo, Fenway Summer, Fika Ventures, First Round Capital, F-Prime Capital Partners, Framework Venture Partners, Gaingels, General Catalyst, GreaterGoodSociety, Haystack, Include Venture Partners, LocalGlobe, M34 Capital, Mucker Capital, NewMe Accelerator, North Island Ventures, Otherwise Fund, Pillar VC, RareBreed Ventures, Sequoia Capital, Share Ventures, TechSquare Labs, Upfront Ventures, Vibe Capital, Aaron Skonnard, Azeem Azhar, Baron Davis, Eric Rea, Esther Dyson, John M. Mueller, Mathilde Collin, Mike Hudack, Oscar Pierre, Sahil Lavingia, Sahin Boydas, Sam Palmisano, Scott Belsky, Zachary Sims
Jul 1, 2022	ImIn	$1.0M Seed	—	Accel, Backstage Capital, Collab Capital, Haystack, Include Venture Partners, M34 Capital, NewMe Accelerator, RareBreed Ventures, Share Ventures, TechSquare Labs, Upfront Ventures, Aaron Skonnard, Baron Davis, Eric Rea
Apr 1, 2022	Hairtelligence	$5.0M Seed	—	Accel, Backstage Capital, Collab Capital, Convoz, Haystack, Include Venture Partners, M34 Capital, NewMe Accelerator, RareBreed Ventures, Serena Ventures, Share Ventures, TechSquare Labs, Upfront Ventures, Aaron Skonnard, Baron Davis, Eric Rea
Mar 1, 2022	Donde	$3.0M Seed	—	Accel, Backstage Capital, Collab Capital, Haystack, Include Venture Partners, M34 Capital, NewMe Accelerator, RareBreed Ventures, Share Ventures, TechSquare Labs, Upfront Ventures, Baron Davis, Eric Rea
Jul 1, 2021	Acquire.com	$6.0M Seed	—	10100, 2xN, 8VC, Kevin Hartz, Accel, Acrew Capital, Active Capital, Adapt Ventures, AirAngels, Alliance Healthcare Foundation, Altair Capital Management, Alt Capital, Alumni Ventures, Andreessen Horowitz, Angel investor, AngelList, Anthemis Group, Anti fund, Array Ventures, Audacious Ventures, Authentic Ventures, Awesome People Ventures, Awesome Ventures, Backstage Capital, Bain Capital, Bain Capital Ventures, Base10 (Base10 Partners), TJ Nahigian, Bedrock Capital, Bessemer Venture Partners, Bond, BoxGroup, Brainchild, Breakthrough Energy Ventures, Browder Capital, C2 Investment, Capital Factory, CapitalX, Chemistry VC, Chicago Ventures, Climate Capital, Collab Capital, Color Capital, Comal Ventures, Contrary Capital, Convective Capital, Craft Ventures, Cubit Capital, Cyphr VC, Daffy, Define Ventures, Dell Technologies Capital, Kevin Ding, DOMO Invest, Elephant Partners, Emergent Ventures, Fifth Wall, FirstMark Capital, FJ Labs, Foundation Capital, Founder Collective, Founders Fund, FreshTracks Capital, General Catalyst, Greylock, Harlem Capital, Haystack, Heavybit, Helion Venture Partners, Helium-3 Ventures, Hyde Park Venture Partners, Hyper, IDEO CoLab Ventures, Immeasurable, Include Venture Partners, Infinite Niches, Initialized Capital, In-Q-Tel, Intuition Capital, Investo, Jetstream, JLL Spark, KAAN Ventures, Kepler Operator’s Fund, Kima Ventures, LAUNCH, Lightspeed Venture Partners, LocalGlobe, Locus Ventures, Logos Labs, LOI Venture, LombardStreet Ventures, Long Journey Ventures, M13, M34 Capital, Mucker Capital, Musha Ventures, NewMe Accelerator, NextView Ventures, Not Boring Capital, Notion Capital, Offline Ventures, Operator Collective, Anh-Tho Chuong Degroote, OS Fund, Outcast Ventures, Outlander Labs, Paradigm, Paradox Capital, Pareto Holdings, Pioneer Fund, Point72 Ventures, Positive Sum VC, Practical Venture Capital, Predictive VC, Proton Enterprises, Prototype Capital, Quartz, Rainfall Ventures, Range VC, RareBreed Ventures, Ravelin Capital, Redpoint Ventures, REMUS Capital, Rising Tide Partners, SaaSholic Fund, Saga, SailPoint, Sandalphon Capital, Scale Asia Ventures, Sequoia Capital, Shaan's All Access Fund, Share Ventures, Shield Capital, Shrug Capital, Silence, Slow Ventures, SNR, Soma Capital, SRB Ventures, Starship Ventures, TechSquare Labs, Techstars, The Club, The Hit Forge, Thirty Five Ventures, Todd and Rahul's Angel Fund, Trajectory Ventures, Tribe Capital, Trucks Venture Capital, Trust Fund, Twenty Two Ventures, Uncork Capital, Upfront Ventures, Upside Partnership, Venrock, Vertical Venture Partners, Vibe Capital, Victress Capital, Alex Rodriguez, Weekend Fund, WorkLife Ventures, Y Combinator, York IE, Aaron Skonnard, Adam Guild, Alex Lieberman, Anthony Pompliano, Babak Nivi, Baron Davis, Ben Tossell, Bryce Hall, Catherine Wood, Chris Herd, Chris Murphy, Cory Levy, Daniel Kan, Dharmesh Shah, Dylan Field, Eric Rea, Evan Moore, Frederic Kerrest, Gabriel Jarrosson, Greg Isenberg, Griffin Johnson, Harry Hurst, Ian Hogarth, Immad Akhund, Jaime Schmidt, James Park, Jesse Leimgruber, Jonathan Wasserstrum, Joshua Webster, Julian Shapiro, Justin Mateen, Justin Welsh, Karim Atiyeh, Keith Masback, Kevin Hart, Kunal Shah, Kyle Vogt, Kyle York, Larry Gadea, Marc Benioff, Marcy Simon, Mark Benning, Mathilde Collin, Matt Bellamy, Matt Gibstein, Matthew Dellavedova, Max Mullen, Moshe Lifschitz, Musaab Hakami, Nate Cavanaugh, Paulo Silveira, Paul Yacoubian, Priyank Chandra, Quinn Slack, Rajiv Bala, Rich Miner, Ron Pragides, Roxanne Varza, Sahil Lavingia, Sahin Boydas, Sam Altman, Sam Parr, Scott Belsky, Scot Wingo, Siqi Chen, Steve Schlafman, Tony Jamous, Vinay Hiremath, Yumin Choi, Zach Segal, Zack Kanter
Jul 1, 2021	Plerk	$1.0M Seed	—	Accel, Amadeus Capital Partners, Backstage Capital, Collab Capital, EWA Capital, Haystack, Iluminar Ventures, Include Venture Partners, Latitud, M34 Capital, Magma Partners, NewMe Accelerator, RareBreed Ventures, Share Ventures, Soma Capital, Sommet AB, TechSquare Labs, Twenty Two Ventures, Upfront Ventures, Upload Ventures, Aaron Skonnard, Baron Davis, Claire Diaz-Ortiz, Eric Rea, Javier Diaz Evans, Miguel Mc Allister
Jun 1, 2021	Givingli	$4.0M Seed	—	186 Ventures, 2xN, Kevin Hartz, Accel, Afore Capital, Andreessen Horowitz, Backstage Capital, Caffeinated Capital, Cherry Ventures, Coatue, Collab Capital, Construct Capital, Countdown Capital, Craft Ventures, Cubit Capital, Electric Capital, Flexcap, Floodgate, Founders Fund, Goat Capital, Gumi Cryptos Capital, Haun Ventures, Haystack, Incisive Ventures, Include Venture Partners, Lux Capital, M34 Capital, Monta Vista Capital, NewMe Accelerator, NOMO Ventures, Paradigm, Picus Capital, RareBreed Ventures, Ravelin Capital, Saga, Scalar Capital, Seven Seven Six, Share Ventures, Sound Ventures, Stash Ventures, TechSquare Labs, The Hit Forge, Thirty Five Ventures, Upfront Ventures, Y Combinator, Aaron Skonnard, Andrew Steinwold, Balaji Srinivasan, Ben Silbermann, Chris Schaepe, Dylan Field, Eric Rea, Julian Wright, Justin David Blau, Justin Mateen, Koen Koeppen, Mark Cuban, Regan Bozman, Rob May, Rob Meyerson, Scott Belsky, Tim Ferriss
May 1, 2021	Rally	$30.0M Series B	—	Accel, Backstage Capital, Better Tomorrow Ventures, Collab Capital, Drive Capital, FJ Labs, Haystack, Include Venture Partners, M34 Capital, Matchstick Ventures, NewMe Accelerator, RareBreed Ventures, Rucker Park Capital, Share Ventures, Social Leverage, TCG (The Chernin Group), TechSquare Labs, Techstars, Upfront Ventures, Aaron Skonnard, Baron Davis, Eric Rea, Mark Pincus
May 1, 2021	Esper	$30.0M Series B	—	Accel, Alumni Ventures, Backstage Capital, Bascom Ventures, Battery Ventures, Collab Capital, Energy Impact Partners, Haystack, Include Venture Partners, M34 Capital, Madrona Ventures, NewMe Accelerator, O'Reilly AlphaTech Ventures, Parkway VC, Pioneer Fund, Qualcomm Ventures, RareBreed Ventures, Root Ventures, Sapphire Ventures, Scale Venture Partners, Sequoia Capital, Share Ventures, SOSV, Spero Ventures, TechSquare Labs, Ubiquity Ventures, Upfront Ventures, Aaron Skonnard, Alain Hanover, Baron Davis, Eric Rea, Naveen Jain
Mar 1, 2021	Bevy	$40.0M Series C	—	2045 ventures, Accel, ACME Capital, Acre Venture Partners, Alpha Edison, Altalurra Ventures, Andreessen Horowitz, Backstage Capital, Chingona Ventures, Collab Capital, Jenny Fielding, Scott Hartley, Gaingels, Ganas Ventures, Haystack, Jett Fein, Include Venture Partners, Insight Partners, M13, M34 Capital, NewMe Accelerator, New Voices Fund, NFX, Openview Venture Partners, OVO Fund, Plug & Play Ventures, RareBreed Ventures, Reign Ventures, Serena Ventures, Seven Seven Six, Share Ventures, SNR, Soma Capital, Supply Change Capital, TechSquare Labs, Tribe Capital, Twenty Two Ventures, Ulu Ventures, Upfront Ventures, Vamos Ventures, Vitalize Venture Group, Y Combinator, Zeev Capital, Aaron Skonnard, Baron Davis, Bradley Horowitz, Charlie Songhurst, Dennis Steele, Eric Rea, George Ruan, Matt Brezina
Dec 1, 2020	Bot MD	$5.0M Series A	—	Accel, Backstage Capital, Collab Capital, Floodgate, Haystack, Include Venture Partners, M34 Capital, NewMe Accelerator, RareBreed Ventures, SeaX Ventures, Share Ventures, TechSquare Labs, Upfront Ventures, Vertex Ventures HC, Y Combinator, Aaron Skonnard, Baron Davis, Eric Rea
Feb 1, 2020	Esper	$8.0M Series A	—	Accel, Alumni Ventures, Backstage Capital, Bascom Ventures, Collab Capital, Energy Impact Partners, Haystack, Include Venture Partners, M34 Capital, Madrona Ventures, NewMe Accelerator, O'Reilly AlphaTech Ventures, Parkway VC, Pioneer Fund, Qualcomm Ventures, RareBreed Ventures, Root Ventures, Sequoia Capital, Share Ventures, SOSV, Spero Ventures, TechSquare Labs, Ubiquity Ventures, Upfront Ventures, Aaron Skonnard, Alain Hanover, Baron Davis, Eric Rea, Naveen Jain, Bessemer Venture Partners, Cota Capital, DFJ, Streamlined Ventures, Thomson Reuters Ventures, Threshold Ventures
Aug 1, 2018	Bot MD	$2.0M Seed	—	Accel, AME Cloud Ventures, Backstage Capital, City Light Capital, Collab Capital, First Round Capital, Floodgate, M.G. Siegler, Hardware Club, Haystack, Include Venture Partners, Klossy, KRM Interests LLC, M34 Capital, NewMe Accelerator, Next Play Ventures, Night Capital, Owl Capital, Pareto Holdings, Point72 Ventures, RareBreed Ventures, SeaX Ventures, Share Ventures, Spark Capital, SV Angel, TechSquare Labs, Upfront Ventures, Aaron Skonnard, Baron Davis, Charlie Cheever, Eric Rea, Jeremy Stoppelman, Mark Pincus, MG Siegler, Mike Krieger, Scott Belsky, Spencer Kimball, Taz Patel
May 1, 2018	Esper	$4.0M Seed	—	Accel, Alumni Ventures, Backstage Capital, Bascom Ventures, Collab Capital, Energy Impact Partners, Haystack, Include Venture Partners, M34 Capital, NewMe Accelerator, O'Reilly AlphaTech Ventures, Parkway VC, Pioneer Fund, Qualcomm Ventures, RareBreed Ventures, Root Ventures, Sequoia Capital, Share Ventures, SOSV, Spero Ventures, TechSquare Labs, Ubiquity Ventures, Upfront Ventures, Aaron Skonnard, Alain Hanover, Baron Davis, Eric Rea, Naveen Jain

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at 42Phi Ventures.

Leadership Team

Key people at 42Phi Ventures.

Deep Dive

High-Level Overview

42Phi Ventures is a venture capital firm dedicated to empowering underrepresented founders by providing a comprehensive support ecosystem that goes beyond capital. Their mission centers on breaking down barriers between innovative ideas and access to resources, particularly for founders from diverse backgrounds who are often overlooked by traditional Silicon Valley networks. The firm’s investment philosophy emphasizes early-stage support, focusing on startups in sectors such as enterprise technology, SaaS, e-commerce, marketplaces, and infrastructure. By offering mentorship, strategic guidance, and access to a robust network of investors and industry leaders, 42Phi Ventures plays a pivotal role in leveling the playing field and accelerating the growth of startups that might otherwise struggle to gain traction.

Origin Story

42Phi Ventures was born out of a desire to bridge the gap between underrepresented founders and the capital and networks needed to succeed. The firm’s leadership, including partners like Dan, Jayesh Patel, Patrick Maloney, and Pramod Dabir, brings decades of experience in technology, venture capital, and startup growth. Their collective background spans global markets, major tech hubs, and deep involvement in both corporate innovation and grassroots entrepreneurship. The firm’s focus evolved from recognizing the systemic challenges faced by founders from diverse communities—especially women and people of color—and the realization that traditional venture ecosystems often fail to nurture these talents. Early successes, such as supporting ShearShare from idea stage to investor readiness, cemented 42Phi’s reputation as a catalyst for change in the startup world.

Core Differentiators

Focus on Underrepresented Founders: 42Phi Ventures prioritizes founders who are historically excluded from mainstream venture capital, creating pathways for diverse voices to thrive.
Comprehensive Support Ecosystem: Beyond funding, the firm offers tailored mentorship, product strategy, growth acceleration, and operational guidance, ensuring startups are investor-ready and equipped for long-term success.
Global Network Access: With connections to top VC firms, corporate partners, and industry experts, 42Phi opens doors that are typically closed to non-traditional founders.
Proven Track Record: The team has helped startups raise significant capital, achieve rapid growth, and secure strategic partnerships, demonstrating a tangible impact on portfolio companies.
Operating Support: Partners actively engage in recruiting, culture-building, and digital marketing, providing hands-on help that accelerates startup maturity.

Role in the Broader Tech Landscape

42Phi Ventures is riding the wave of increased demand for diversity, equity, and inclusion in tech. As the industry grapples with the need for more representative innovation, firms like 42Phi are at the forefront of reshaping who gets funded and who gets heard. Their model aligns with broader trends toward democratizing access to capital and leveraging underrepresented talent as a source of competitive advantage. By nurturing startups from idea to scale, 42Phi not only diversifies the startup ecosystem but also drives innovation that reflects a wider range of perspectives and needs. Their influence extends beyond individual companies, contributing to a more inclusive and resilient tech landscape.

Quick Take & Future Outlook

Looking ahead, 42Phi Ventures is well-positioned to continue expanding its impact as the demand for inclusive venture capital grows. The firm’s ability to identify and support high-potential founders from underrepresented communities will likely attract more capital and strategic partnerships, further amplifying its reach. As the tech industry increasingly values diversity and social impact, 42Phi’s model may serve as a blueprint for other firms seeking to foster innovation through inclusion. Their journey underscores a powerful truth: when barriers are broken and support is provided, underrepresented founders can not only succeed but also transform the future of technology.

Sources

High-Level Overview

Origin Story

Core Differentiators

Focus on Underrepresented Founders: 42Phi Ventures prioritizes founders who are historically excluded from mainstream venture capital, creating pathways for diverse voices to thrive.
Comprehensive Support Ecosystem: Beyond funding, the firm offers tailored mentorship, product strategy, growth acceleration, and operational guidance, ensuring startups are investor-ready and equipped for long-term success.
Global Network Access: With connections to top VC firms, corporate partners, and industry experts, 42Phi opens doors that are typically closed to non-traditional founders.
Proven Track Record: The team has helped startups raise significant capital, achieve rapid growth, and secure strategic partnerships, demonstrating a tangible impact on portfolio companies.
Operating Support: Partners actively engage in recruiting, culture-building, and digital marketing, providing hands-on help that accelerates startup maturity.