Susa Ventures

Susa Ventures is an early-stage venture capital firm investing primarily in seed rounds.

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Updated: Feb 17, 2026 ·

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Sep 1, 2025	Conduct	$12.0M Seed	—	Kevin Hartz, Andreessen Horowitz, Creandum, FasterCapital, First Round Capital, ICONIQ Capital, Lead Edge Capital, Sequoia Capital, Cristina Cordova, Gordon Wintrob, Scott Belsky, Zack Kanter
Aug 1, 2025	Rillet	$70.0M Series B	—	Kevin Hartz, Andreessen Horowitz, Cherry Ventures, Creandum, FasterCapital, First Round Capital, ICONIQ Capital, Lead Edge Capital, LGF, QED Investors, Sequoia Capital, XYZ Venture Capital, Bill Gates, Cristina Cordova, Gordon Wintrob, Mike Vernal, Scott Belsky, Will Martin, Zack Kanter
Aug 1, 2025	Perle AI	$9.0M Seed	—	Andreessen Horowitz, Framework Ventures, Not Boring Capital
Aug 1, 2025	Assort Health	$76.0M Series B	—	Kevin Hartz, Andreessen Horowitz, Creandum, FasterCapital, First Round Capital, ICONIQ Capital, Lead Edge Capital, Lightspeed Venture Partners, Quiet Capital, Sequoia Capital, Cristina Cordova, Gordon Wintrob, Scott Belsky, Zack Kanter
Aug 1, 2025	Develop Health	$18.0M Series A	—	Afore Capital, Alt Capital, C2 Investment, Electric Capital, Founders Fund, Khosla Ventures, MKT1 Capital, Plaid, Ribbit Capital, Scalar Capital, Wing Venture Capital, Chase Gilbert, Derrick Li, Matt Macinnis, Parker Conrad
Jul 1, 2025	Memories.ai	$8.0M Seed	—	Pioneer Fund, David Lieb, Yahya Mokhtarzada
Jul 1, 2025	Harmonic	$100.0M Series B	—	B Capital Group, CapitalG, Cyberlaunch, EVE Atlas, Founders Fund, Index Ventures, Jackson Square Ventures, Kleiner Perkins, NewView Capital, Sequoia Capital, TCV, Jared Leto, Max Mullen, Michael G. Rubin, Michael Moritz, Thomas Noonan, Will Gaybrick
Jul 1, 2025	Perplexity	$100.0M Venture Round	—	Alt Capital, Andreessen Horowitz, Cedar Capital Group, CRV, Flybridge, Hanabi Capital, Romero Rodrigues, IVP, Scale Venture Partners, Sequoia Capital, Upload Ventures, Gokul Rajaram, John Collison, Manik Gupta, Mathilde Collin, Sahin Boydas, Sam Lambert, Scott Belsky
Jul 1, 2025	Whisper	$2.0M Seed	—	Antler, Arrive, Bam Ventures, Electric Capital, LAUNCH, Lightspeed Venture Partners, Sequoia Capital, Joe Greenstein, Matt Coffin, Mike Vernal, Sean Flynn
Jun 1, 2025	HOPPR	$32.0M Series A	—	Greycroft
Jun 1, 2025	BitBoard	$500K Seed	—	Pioneer Fund, Yahya Mokhtarzada
Jun 1, 2025	SuperDial	$12.0M Series A	—	Accomplice VC, Alumni Ventures, Aniq Kassam, Matrix, Night Capital, SignalFire, Elliott Cohen, Sunil Paul, Travis May
Jun 1, 2025	Xona	$92.0M Series B	—	468 Capital, Bascom Ventures, B Capital Group, Craft Ventures, Crowberry Capital, Future Ventures, Khosla Ventures, Mischief Venture Capital, Seraphim Space, Spark Capital, TitletownTech, Chris Gasteratos, Chris Schagen, Julius Genachowski, Ken Howery
Jun 1, 2025	Pokee AI	$12.0M Seed	—	Jenny Fielding, Scott Hartley, FirstHand Alliance, General Catalyst, Lightspeed Venture Partners, Nepenthe Capital, Point72 Ventures, Walden International, Allison Pickens (Allison Pickens Ventures)
May 1, 2025	Rillet	$25.0M Series A	—	Kevin Hartz, Andreessen Horowitz, Congruent Ventures, Creandum, DGF Investimentos, FasterCapital, First Round Capital, General Catalyst, Goat Capital, ICONIQ Capital, Latitud, Lead Edge Capital, LGF, Mischief Venture Capital, monashees, Next47, Operator Collective, Sapphire Ventures, Sequoia Capital, Soma Capital, XYZ Venture Capital, Y Combinator, Bill Gates, Cristina Cordova, Gordon Wintrob, Hanno Renner, Immad Akhund, Max Mullen, Mike Vernal, Parker Treacy, Peter Reinhardt, Roland Grenke, Scott Belsky, Zack Kanter
May 1, 2025	Pallet	$27.0M Series B	—	Alumni Ventures, Day One Ventures, General Catalyst, Glade Brook Capital Partners, Lux Capital, Salesforce Ventures, Soma Capital, TechAviv Founder Partners, Torch Capital, Walden International, Y Combinator, Zigg Capital, Alexander Zhuravlev, Alex Zhuravlev, Chafic Kazoun, Claire Hughes Johnson, Jeff Hammerbacher, Oliver Jung, Pete Koomen, Scott Banister
May 1, 2025	Catena Labs	$18.0M Seed	—	Andreessen Horowitz, Framework Ventures, Global Founders Capital, Hummingbird Ventures, Index Ventures, Not Boring Capital, Otherwise Fund, Sequoia Capital, Signia Venture Partners, Soma Capital, Andy Rubin, Balaji Srinivasan, Bradley Horowitz, Gokul Rajaram, Kevin Lin, Sam Palmisano
May 1, 2025	Stord	$80.0M Series E	—	8VC, B Capital Group, Comal Ventures, Cyberlaunch, EVE Atlas, First Round Capital, Founders Fund, Kleiner Perkins, LGF, Danielle Lay, NewView Capital, Owl Ventures, Saga, Scribble Ventures, Sunset Ventures, Akshay Kothari, Dylan Field, Emil Michael, Jason Citron, Max Mullen, Michael G. Rubin, Ron Pragides, Sahin Boydas, Sam Altman, Thomas Noonan, Will Gaybrick
May 1, 2025	Optura	$7.0M Seed	—	Jason Lemkin, Nik Sharma
May 1, 2025	Owner	$120.0M Series C	—	AirAngels, Alt Capital, Alumni Ventures, Antler, Balderton Capital, Better Tomorrow Ventures, Blu Venture Investors, Browder Capital, C2 Investment, Caffeinated Capital, Citi Ventures, Conversion Capital, CP Ventures, FJ Labs, Footprint Coalition, Forgepoint Capital, Foundation Capital, Founders Fund, FTX Ventures, Hercules Capital, Ignition Partners, Jetstream, Khosla Ventures, Kleiner Perkins, Lightspeed Venture Partners, Meritech Capital Partners, Mischief Venture Capital, Montage Ventures, Oyster Ventures, Pareto Holdings, Redpoint Ventures, Roble Ventures, Saga, Sapphire Ventures, Sequoia Capital, Summit Partners, TCV, TechAviv Founder Partners, The Hit Forge, True Ventures, Y Combinator, Aaron Levie, Adam D'Angelo, Amjad Masad, Azeem Azhar, Christina Cacioppo, Claire Hughes Johnson, Dharmesh Shah, Dylan Field, Fidji Simo, Gokul Rajaram, Hippolyte Genet, Immad Akhund, Jason Lemkin, Jonathan Neman, Joshua Reeves, Julian Shapiro, Justin Mateen, Kyle Vogt, Larry Summers, Mark Gillespie, Matt Macinnis, Max Mullen, Nik Sharma, Parker Conrad, Sagi Paz, Scott Belsky, Sean Rad, Siqi Chen, William Hockey
Apr 1, 2025	Assort Health	$22.0M Series A	—	Kevin Hartz, Andreessen Horowitz, Creandum, FasterCapital, First Round Capital, ICONIQ Capital, Lead Edge Capital, Lightspeed Venture Partners, Quiet Capital, Sequoia Capital, Cristina Cordova, Gordon Wintrob, Scott Belsky, Zack Kanter
Mar 1, 2025	Kela Technologies	$28.0M Series A	—	Felicis Ventures, General Catalyst, Lux Capital, Original Capital, Salesforce Ventures, sequel, Sequoia Capital, TechAviv Founder Partners, Torch Capital, Tribe Capital, Walden International, What If Ventures, Zigg Capital, Chafic Kazoun, Cory Levy, Gokul Rajaram, Jeff Hammerbacher, Liu Jiang, Mei Z., Michael Stoppelman, Scott Banister
Mar 1, 2025	Freed	$30.0M Series A	—	Array Ventures, AV8 Ventures, BoxGroup, C2 Investment, Jenny Fielding, Scott Hartley, FirstHand Alliance, General Catalyst, Greycroft, Harrison Metal, Investo, Next Play Ventures, Plug & Play Ventures, Sequoia Capital, True Ventures, UpHonest Capital, Xfund, Y Combinator, Patrick S. Chung, Scott Belsky, Steve Norall
Mar 1, 2025	Misprint	$500K Seed	—	Amplo, Y Combinator
Mar 1, 2025	Temporal Technologies	$150.0M Series C	—	Afore Capital, Alt Capital, Amplify Partners, Andreessen Horowitz, Cedar Capital Group, CRV, Hanabi Capital, Romero Rodrigues, IVP, Mantis VC, Sapphire Ventures, Scale Venture Partners, Sequoia Capital, SNR, Tribe Capital, Upload Ventures, Allison Pickens (Allison Pickens Ventures), Barr Moses, Gokul Rajaram, John Collison, Manik Gupta, Mathilde Collin, Sahin Boydas, Sam Lambert, Scott Belsky

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at Susa Ventures.

Jackson Moses

Advisor & Venture Scout, Aerospace & Defense

Leadership Team

Key people at Susa Ventures.

Jackson Moses

Advisor & Venture Scout, Aerospace & Defense

Deep Dive

High-Level Overview

Susa Ventures is an early-stage venture capital firm based in San Francisco, dedicated to empowering founders building the next generation of transformative technology companies. The firm’s mission centers on backing “dreamers and builders” at the pre-seed and seed stages, with a philosophy rooted in founder-first support, deep sector expertise, and a commitment to long-term value creation. Susa Ventures invests primarily in data-driven startups that demonstrate strong defensibility—such as proprietary data, network effects, or economies of scale—across sectors including AI, fintech, healthcare, logistics, consumer, and enterprise software. Their impact on the startup ecosystem is notable: Susa boasts a unicorn rate of approximately 10% at the seed stage, ten times the industry average, and has driven high-profile exits such as Robinhood’s IPO and the acquisitions of Casetext and Expanse.

Origin Story

Founded by Seth Berman and Chad Byers, Susa Ventures was named after the Susa family of mountain gorillas in Rwanda, reflecting the firm’s values of resilience, community, and long-term vision. The firm began with a focus on early-stage technology investments, quickly establishing a reputation for identifying and nurturing startups with emerging product-market fit. Over time, Susa evolved to specialize in data-centric companies with strong moats, leveraging its founders’ deep networks and operational experience to provide not just capital but also strategic guidance and access to talent. The firm’s early investments in companies like Robinhood, Flexport, and Viz.ai cemented its position as a leading seed-stage investor in Silicon Valley.

Core Differentiators

Founder-First Approach: Susa prioritizes founder support over board control, offering accessible mentorship, capital, and operational resources without prescriptive oversight.
Sector Agnostic, Data-Centric Focus: While sector-agnostic, Susa excels in identifying startups with strong compounding moats—proprietary data, network effects, and scalable business models—across AI, fintech, healthcare, logistics, and enterprise software.
Exceptional Track Record: With a 10% unicorn rate at seed (vs. 1% industry average), Susa has delivered outsized returns and high-profile exits, including Robinhood’s IPO and acquisitions by major players like Thomson Reuters and Palo Alto Networks.
Deep Ecosystem Network: The firm fosters a tightly connected community of founders, investors, operators, and advisors, creating a collaborative environment that accelerates portfolio growth.
Flexible Investment Model: Susa typically invests $500K–$3M in pre-seed and seed rounds, often leading rounds and providing follow-on support through later stages.

Role in the Broader Tech Landscape

Susa Ventures is riding the wave of the data-driven economy, where startups leveraging AI, automation, and proprietary data are reshaping industries from finance to healthcare. The firm’s focus on defensibility and long-term moats positions it at the forefront of trends like generative AI, fintech innovation, and digital transformation in healthcare and logistics. By backing companies at the earliest stages, Susa helps shape the trajectory of emerging technologies, influencing how startups scale and how venture capital is deployed in the modern era. Their success reflects a broader shift toward founder empowerment and ecosystem-driven growth in the venture capital landscape.

Quick Take & Future Outlook

Susa Ventures is poised to remain a leading force in early-stage investing as the demand for data-centric, defensible startups continues to grow. The firm’s ability to identify and nurture high-potential founders—combined with its deep sector expertise and collaborative network—positions it to capitalize on emerging trends in AI, fintech, and healthcare. As the venture ecosystem evolves, Susa’s founder-first philosophy and track record of outsized returns will likely attract top talent and shape the next wave of innovation. In a world where data is the new currency, Susa Ventures is not just investing in startups—they’re helping build the future.

Sources

High-Level Overview

Origin Story

Core Differentiators

Founder-First Approach: Susa prioritizes founder support over board control, offering accessible mentorship, capital, and operational resources without prescriptive oversight.
Sector Agnostic, Data-Centric Focus: While sector-agnostic, Susa excels in identifying startups with strong compounding moats—proprietary data, network effects, and scalable business models—across AI, fintech, healthcare, logistics, and enterprise software.
Exceptional Track Record: With a 10% unicorn rate at seed (vs. 1% industry average), Susa has delivered outsized returns and high-profile exits, including Robinhood’s IPO and acquisitions by major players like Thomson Reuters and Palo Alto Networks.
Deep Ecosystem Network: The firm fosters a tightly connected community of founders, investors, operators, and advisors, creating a collaborative environment that accelerates portfolio growth.
Flexible Investment Model: Susa typically invests $500K–$3M in pre-seed and seed rounds, often leading rounds and providing follow-on support through later stages.