Sweater Ventures

ActiveVenture Capital

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Updated: Jan 22, 2026 ·

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Jul 1, 2025	Promptfoo	$18.0M Series A	—	Abstract Ventures, Kevin Hartz, Andreessen Horowitz, C2 Investment, Framework Ventures, Greylock, Human Capital, Insight Partners, Pantera Capital, Paradigm, Seed Club Ventures, Village Global, Aaron Levie, Arash Ferdowsi, Balaji Srinivasan, Charlie Cheever, Christina Cacioppo, Chuck Eesley, Dylan Field, Frederic Kerrest, Gokul Rajaram, Jawed Karim, John Collison, Julia Hartz, Mark Cuban, Tobias Lutke, Varsha Rao
Jul 1, 2025	Parspec	$20.0M Series A	—	10100, Building Ventures, MKT1 Capital, S28 Capital, Threshold Ventures, Webb Investment Network, Aaron Rankin (Sprout Social), Emily Kramer, Grant Miller, Ron Pragides
Jul 1, 2025	Nebulock	$6.0M Seed	—	Airtree Ventures, Avenir, Avid Ventures, Bain Capital Ventures, Bessemer Venture Partners, Blackbird Ventures Australia, Bond, ENIAC Ventures, Felicis Ventures, Kairos HQ, Kipaki Ventures, Lightspeed Venture Partners, Primary Venture Partners, Greg Kidd, Philippe Teixeira da Mota
Jun 1, 2025	GhostEye	$500K Seed	—	10100, MKT1 Capital, S28 Capital, Threshold Ventures, Webb Investment Network, Aaron Rankin (Sprout Social), Emily Kramer, Grant Miller, Ron Pragides
Mar 1, 2025	Town	$18.0M Seed	—	Abstract Ventures, Kevin Hartz, Andreessen Horowitz, Balderton Capital, byFounders, C2 Investment, Catapult Capital, Coelius Capital, Creandum, Flex Capital, Force Over Mass Capital, Framework Ventures, Goat Capital, Greylock, Hummingbird Ventures, Jetstream, La Famiglia, Msd Capital, Operator Collective, Pantera Capital, Paradigm, Quiet Capital, RTP Global, Seed Club Ventures, True Ventures, Uncork Capital, Vibe Capital, Y Combinator, Aaron Levie, Adam D'Angelo, Arash Ferdowsi, Balaji Srinivasan, Charlie Cheever, Charlie Songhurst, Christian Reber, Christina Cacioppo, Dharmesh Shah, Dylan Field, Errol Damelin, Frederic Kerrest, Fredrik Hjelm, George Kurtz, Ilya Golubovich, Immad Akhund, Jawed Karim, Job Van Der Voort, John Collison, Julia Hartz, Kirill Makharinsky, Mark Cuban, Melissa Tan, Michael Staton, Roger Dickey, Stefan Lindeberg, Stewart Butterfield, Tobias Lutke, William Hockey
Feb 1, 2025	Rad Security	$14.0M Series A	—	.406 Ventures, Andreessen Horowitz, Aviso Ventures, Lytical Ventures, Vertex Ventures, Grant Miller
Jan 1, 2025	1UP	$5.0M Seed	—	8-Bit Capital, Accomplice VC, Upfront Ventures
Jan 1, 2025	Applied Labs AI	$4.0M Seed	—	Abstract Ventures, Kevin Hartz, AirAngels, Andreessen Horowitz, Bond, C2 Investment, Cedar Capital Group, CRV, Framework Ventures, Greylock, Haun Ventures, Liquid 2 Ventures, NFX, Pantera Capital, Paradigm, Seed Club Ventures, The Hit Forge, Tiger Global Management, Y Combinator, Aaron Levie, Arash Ferdowsi, Balaji Srinivasan, Charlie Cheever, Christina Cacioppo, Dylan Field, Frederic Kerrest, Gokul Rajaram, Guillermo Rauch, Jawed Karim, John Collison, Julia Hartz, Kanjun Qiu, Mark Cuban, Paul Yacoubian, Scott Belsky, Stanley Druckenmiller, Tobias Lutke
Nov 1, 2024	Kong	$180.0M Series E	—	Abstract Ventures, Kevin Hartz, AirAngels, Alt Capital, Andreessen Horowitz, Awesome People Ventures, Balderton Capital, C2 Investment, Citi Ventures, CRV, Earl Grey Capital, Framework Ventures, Global Innovation Fund, Gradient Ventures, Greylock, Hanabi Capital, ICONIQ Capital, Innovation Endeavors, iNovia Capital, Insight Partners, LombardStreet Ventures, Mucker Capital, Glenn Solomon, Notable Capital, Not Boring Capital, Pantera Capital, Paradigm, Propeller VC, Radical Ventures, Seed Club Ventures, Silverton Partners, Supercharge.vc, Vibe Capital, Aaron Levie, Allison Pickens (Allison Pickens Ventures), Ameet Patel, Amit Agarwal, Arash Ferdowsi, Balaji Srinivasan, Charlie Cheever, Christian Reber, Christina Cacioppo, Dwipal Desai, Dylan Field, Frederic Kerrest, James Beshara, Jawed Karim, Jeff Bezos, John Collison, Julia Hartz, Mark Cuban, Rob Theis, Scott Belsky, Tobias Lutke, Yoshua Bengio
Oct 1, 2024	RiPSIM Technologies	$5.0M Seed	—	Andreessen Horowitz, Ten Eleven Ventures, Thomas Noonan
Oct 1, 2024	Fixify	$25.0M Series A	—	AI4ALL, Blu Venture Investors, Coatue, Costanoa Ventures, Cyberstarts VC, Decibel Partners, Flex Capital, Lockheed Martin Ventures, Paladin Capital Group, Radical Ventures, Rain Capital, Sequoia Capital, Anne Wojcicki, Oliver Friedrichs
Oct 1, 2024	Butler	$850K Seed	—	Abstract Ventures, Kevin Hartz, Andreessen Horowitz, C2 Investment, Caffeinated Capital, Framework Ventures, GoAhead Ventures, Greylock, Nascent, Pantera Capital, Paradigm, Script Capital, Seed Club Ventures, Solana Ventures, The General Partnership, Aaron Levie, Arash Ferdowsi, Balaji Srinivasan, Charlie Cheever, Christina Cacioppo, Cory Levy, Dylan Field, Frederic Kerrest, Jawed Karim, John Collison, Julia Hartz, Mark Cuban, Roneil Rumburg, Tobias Lutke
Sep 1, 2024	Luthor	$500K Seed	—	Drive Capital, Marlinspike, Otherwise Fund, Sunset Ventures, TQ Ventures, Trajectory Ventures, Tribe Capital, Y Combinator
Aug 1, 2024	Abnormal AI	$250.0M Series D	—	Andreessen Horowitz, A'Z Angels, Battery Ventures, Conviction Partners, Cyberstarts VC, Greylock, Index Ventures, Insight Partners, Menlo Ventures, Grant Miller, Marcus Bartram
Jun 1, 2024	Cube Dev	$25.0M Series B	—	645 Ventures, Acrew Capital, Atlassian Ventures, Bain Capital Crypto, Bain Capital Ventures, Blu Venture Investors, Coatue, Cyberstarts VC, Decibel Partners, Expa, Offline Ventures, Okta Ventures, Rain Capital, Sequoia Capital, Tribe Capital, Oliver Friedrichs
Apr 1, 2024	Paraform	$4.0M Seed	—	Abstract Ventures, A* Capital (A Star Capital), Andreessen Horowitz, C2 Investment, Framework Ventures, Greylock, GSV Acceleration, Heretic Ventures, Operator Collective, Pantera Capital, Paradigm, Precursor Ventures, Seed Club Ventures, Aaron Levie, Arash Ferdowsi, Balaji Srinivasan, Charlie Cheever, Christina Cacioppo, Dylan Field, Frederic Kerrest, Jawed Karim, John Collison, Julia Hartz, Mark Cuban, Tobias Lutke
Apr 1, 2024	Double	$3.0M Seed	—	Abstract Ventures, Kevin Hartz, Alt Capital, Andreessen Horowitz, AngelPad, C2 Investment, Craft Ventures, Jenny Fielding, Scott Hartley, Framework Ventures, Greylock, Matrix, Merus Capital, Openview Venture Partners, Pantera Capital, Paradigm, Pioneer Fund, Seed Club Ventures, Aaron Levie, Arash Ferdowsi, Balaji Srinivasan, Charlie Cheever, Charlie Songhurst, Christina Cacioppo, Cristina Cordova, Dylan Field, Frederic Kerrest, Immad Akhund, John Collison, Jon Brelig, Julia Hartz, Juney Ham, Mark Cuban, Melissa Tan, Mike Hennessey, Rayn Ong, Saran Chari, Tobias Lutke, Zack Kanter
Feb 1, 2024	Orkes	$20.0M Series A	—	Andreessen Horowitz, Battery Ventures, Greylock, Nexus Venture Partners, Preston-Werner Ventures, Grant Miller, Mathias Biilmann Christensen
Jan 1, 2024	Owner	$33.0M Series B	—	Abstract Ventures, Kevin Hartz, AirAngels, Alt Capital, Alumni Ventures, Andreessen Horowitz, Antler, Balderton Capital, Benchmark, Better Tomorrow Ventures, Browder Capital, C2 Investment, Caffeinated Capital, Citi Ventures, Conversion Capital, CP Ventures, E1 Ventures, Jenny Fielding, Scott Hartley, FJ Labs, Footprint Coalition, Foundation Capital, Founders Fund, Framework Ventures, FTX Ventures, Greylock, HOF Capital, Ignition Partners, Kindred Ventures, LGF, Meritech Capital Partners, Mischief Venture Capital, Montage Ventures, Nexus Venture Partners, Oyster Ventures, Pantera Capital, Paradigm, Pareto Holdings, Redpoint Ventures, Roble Ventures, Saga, Seed Club Ventures, Sequoia Capital, SRB Ventures, Stratus Ventures, Summit Partners, Susa Ventures, TCV, Techstars, The Hit Forge, Uncork Capital, Weekend Fund, Y Combinator, Aaron Levie, Adam D'Angelo, Akshay Kothari, Amjad Masad, Arash Ferdowsi, Azeem Azhar, Balaji Srinivasan, Brian Goldsmith, Charlie Cheever, Christina Cacioppo, Claire Hughes Johnson, Dharmesh Shah, Dylan Field, Fidji Simo, Frederic Kerrest, Gokul Rajaram, Guillermo Rauch, Hippolyte Genet, Immad Akhund, Jason Lemkin, Jawed Karim, John Collison, Jonathan Neman, Joshua Reeves, Julia Hartz, Julian Shapiro, Justin Mateen, Kyle Vogt, Larry Summers, Mark Cuban, Mark Gillespie, Matt Macinnis, Max Mullen, Michael Chow, Nik Sharma, Parker Conrad, Scott Belsky, Sean Rad, Siqi Chen, Suhail Doshi, Tobias Lutke, William Hockey
Jan 1, 2024	AI Arena	$6.0M Series A	—	Abstract Ventures, Kevin Hartz, Andreessen Horowitz, C2 Investment, Framework Ventures, Greylock, Pantera Capital, Paradigm, Seed Club Ventures, Aaron Levie, Arash Ferdowsi, Balaji Srinivasan, Charlie Cheever, Christina Cacioppo, Dylan Field, Frederic Kerrest, Jawed Karim, John Collison, Julia Hartz, Mark Cuban, Tobias Lutke
Jan 1, 2024	Better Stack	$10.0M Venture Round	—	Abstract Ventures, Kevin Hartz, Andreessen Horowitz, C2 Investment, Framework Ventures, Greylock, Pantera Capital, Paradigm, Seed Club Ventures, Arash Ferdowsi, Balaji Srinivasan, Charlie Cheever, Christina Cacioppo, Dylan Field, Frederic Kerrest, Jawed Karim, John Collison, Julia Hartz, Mark Cuban, Tobias Lutke
Dec 1, 2023	Verve Motion	$20.0M Series B	—	8090 Industries, Abstract Ventures, Kevin Hartz, Andreessen Horowitz, C2 Investment, Construct Capital, Framework Ventures, Greylock, Helium-3 Ventures, Khosla Ventures, Pantera Capital, Paradigm, Prelude Ventures, Safar Partners, Seed Club Ventures, SignalFire, The Engine, Aaron Levie, Arash Ferdowsi, Balaji Srinivasan, Charlie Cheever, Christina Cacioppo, Dylan Field, Jawed Karim, John Collison, Julia Hartz, Mark Cuban, Tobias Lutke
Dec 1, 2023	OurSky	$10.0M Seed	—	Drive Capital, Marlinspike, Sunset Ventures, TQ Ventures
Oct 1, 2023	1UP	$3.0M Seed	—	8-Bit Capital, Accomplice VC, Drive Capital, Engineering Capital, Marlinspike, Sunset Ventures, TQ Ventures, Upfront Ventures
Sep 1, 2023	Slope	$30.0M Series A	—	Abstract Ventures, Kevin Hartz, Alt Capital, Andreessen Horowitz, Bain Capital Ventures, C2 Investment, Conviction Partners, Crowberry Capital, Felix Capital, Female Founders Fund, foobar.vc, Framework Ventures, General Catalyst, Global Founders Capital, Gradient Ventures, Greycroft, Greylock, GSV Acceleration, Index Ventures, Kepler Operator’s Fund, Lerer Hippeau, Lightspeed Venture Partners, Long Journey Ventures, Luminar Ventures, Lux Capital, Maven Ventures, monashees, Motier Ventures, Niu Ventures, Pantera Capital, Paradigm, Pareto Holdings, QED Investors, Saga, Sarah Smith Fund, Sarona Ventures, Seed Club Ventures, Union Square Ventures, Village Global, Y Combinator, Aaron Levie, Arash Ferdowsi, Balaji Srinivasan, Charles Gorintin, Charlie Cheever, Christina Cacioppo, Drew Houston, Dylan Field, Eric Wu, Frederic Kerrest, Jawed Karim, Jean Charles Samuelian, Jeremy Yap, John Collison, Julia Hartz, Mark Cuban, Mathilde Collin, Nicolas Brusson, Rob Bernshteyn, Romain Niccoli, Sahil Lavingia, Sam Altman, Stanley Tang, Tim Griffin, Tobias Lutke, William Hockey

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at Sweater Ventures.

Rohini Manyam Seshasayee

Leadership Team

Key people at Sweater Ventures.

Rohini Manyam Seshasayee

Deep Dive

Sweater Ventures is a fintech investment platform founded in 2019 that democratizes access to venture capital by enabling both accredited and non-accredited retail investors to invest in high-growth startups through "public venture" funds[1][2][4]. Its mission is to unlock the traditionally exclusive private market asset class—valued at over $13 trillion—for millions of everyday investors, thereby expanding venture capital participation beyond the limited pool of accredited investors[4][6]. Sweater’s investment philosophy centers on backing companies that are *network affectable*, *scalably impactful*, and *broadly understandable*, leveraging its large community of retail investors to provide startups with operational support such as talent acquisition and product research[3]. The platform primarily serves venture capital firms and fund managers who want to raise capital from a broader investor base, facilitating a modern, mobile-first investing experience with turnkey fund management and compliance support[1][2].

Founded by CEO Jesse Randall and CTO Jaron Jones, Sweater began with the goal of challenging the accredited investor requirement that restricts access to venture capital[4]. Over five years, it evolved from launching the first venture capital fund open to all investors into a full fintech platform that enables partners to create and manage their own public VC funds, complete with investor portals and APIs for seamless integration[2][4]. Early traction came from raising capital for its flagship Cashmere Fund, which emphasizes community-driven support and scalability for portfolio companies[3].

Core Differentiators

Unique Investment Model: Sweater’s Public VC Funds allow unlimited investors, including non-accredited individuals, unlike traditional VC funds limited to 99 accredited LPs[2][3].
Network Strength: The platform leverages a large community of retail investors who provide startups with valuable resources beyond capital, such as expertise and talent[3].
Operating Support: Sweater offers end-to-end fund management, including compliance, valuation, and investor relations, enabling partners to focus on fundraising and capital deployment[2].
Modern Technology: Mobile-first experience, customizable investor portals, and APIs facilitate easy access and integration for fund partners and investors[1][2].

Role in the Broader Tech Landscape

Sweater rides the trend of *democratizing access to private markets* and *retail investor empowerment*, addressing growing demand for alternative investments beyond public equities and bonds[5]. The timing is critical as regulatory and technological advances enable broader participation in venture capital, traditionally an exclusive domain. Market forces such as rising retail wealth, interest in startup investing, and the need for liquidity options in private funds favor Sweater’s model[5]. By bridging the gap between venture capital and retail investors, Sweater influences the ecosystem by expanding capital sources for startups and fostering a more inclusive investment culture.

Quick Take & Future Outlook

Sweater is poised to continue scaling its platform and expanding its community of retail investors and fund partners. Future trends shaping its journey include increasing regulatory acceptance of retail participation in private markets, growing interest in alternative assets, and technological innovations in fintech infrastructure. As Sweater evolves, it may further disrupt traditional venture capital by enabling more diverse and widespread investment in startups, potentially reshaping how early-stage companies raise capital and engage with their investor communities. This aligns with its founding vision of leveling the playing field and unlocking the full potential of venture capital for all investors[4].

Sources

Core Differentiators

Unique Investment Model: Sweater’s Public VC Funds allow unlimited investors, including non-accredited individuals, unlike traditional VC funds limited to 99 accredited LPs[2][3].
Network Strength: The platform leverages a large community of retail investors who provide startups with valuable resources beyond capital, such as expertise and talent[3].
Operating Support: Sweater offers end-to-end fund management, including compliance, valuation, and investor relations, enabling partners to focus on fundraising and capital deployment[2].
Modern Technology: Mobile-first experience, customizable investor portals, and APIs facilitate easy access and integration for fund partners and investors[1][2].