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Active: new deal Jul 2026 Verified 5 Nov 2026

Theory Ventures

Portola Valley, CA venture firm focused on AI and data infrastructure, running a concentrated strategy with hands-on go-to-market and technical support.

Type
VC firm
Location
Portola Valley, California, United States
Stages
Pre-seed, Seed, Series A, Series B
Backs
B2B software
Sectors
AI, Data, Devtools, Cybersecurity, Crypto
Fund size / AUM
$450M Theory Ventures II (Form D offering, 2024); $709.5M gross private fund assets (Form ADV; private funds: 2, of which venture capital: 2)
Portfolio mix
B2B software 89%; Crypto and web3 11% (n=15)

Contacts on file

For Theory Ventures, the paid file holds: 8 named decision-makers with roles; LinkedIn page.

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Notable investments

AlliumBackOpsDropzone

Sources

Last checked 5 Nov 2026. Is something wrong? Tell us.

Appears in 93 lists

Series B data investors (15)Series B crypto and web3 investors (17)Data investors in Silicon Valley (17)Series B developer tools investors in the US (21)Series A crypto and web3 investors in the US (21)Series B developer tools investors (27)Series A data investors in the US (28)Series B investors in Silicon Valley (29)Data investors in the San Francisco Bay Area (29)Pre-seed data investors (31)Pre-seed crypto and web3 investors in the US (35)Series A data investors (36)Series A crypto and web3 investors (36)Developer tools investors in Silicon Valley (36)Crypto and web3 investors in California (37)Series B cybersecurity investors in the US (37)Data investors in California (40)Cybersecurity investors in Silicon Valley (45)Series A developer tools investors in the US (50)Pre-seed crypto and web3 investors (51)Series B investors in California (60)Pre-seed cybersecurity investors in the US (60)Series A cybersecurity investors in the US (64)Series B cybersecurity investors (65)Seed crypto and web3 investors in the US (66)Series A investors in Silicon Valley (67)Series A developer tools investors (67)Pre-seed developer tools investors in the US (67)Seed data investors (73)Pre-seed investors in Silicon Valley (75)Pre-seed developer tools investors (83)Cybersecurity investors in California (83)Developer tools investors in California (86)Seed crypto and web3 investors (87)Pre-seed cybersecurity investors (90)Series B SaaS investors in the US (108)Series A investors in the San Francisco Bay Area (112)Data investors (114)Seed developer tools investors in the US (114)Crypto and web3 venture capital firms in the US (116)Series A cybersecurity investors (118)Series B AI investors in the US (126)Seed cybersecurity investors in the US (134)Series A investors in California (136)Seed developer tools investors (140)Crypto and web3 investors (143)Seed investors in Silicon Valley (152)Pre-seed investors in the San Francisco Bay Area (164)Series B investors in the US (165)SaaS investors in Silicon Valley (169)AI investors in Silicon Valley (172)Developer tools venture capital firms in the US (177)Series B SaaS investors (196)Series B AI investors (204)Seed cybersecurity investors (205)Pre-seed investors in California (207)Cybersecurity venture capital firms in the US (214)Developer tools investors (216)Series A SaaS investors in the US (256)Series A AI investors in the US (280)Cybersecurity investors (316)Seed investors in the San Francisco Bay Area (324)Series B investors (339)Venture capital firms in Silicon Valley (341)SaaS investors in the San Francisco Bay Area (347)AI investors in the San Francisco Bay Area (364)Pre-seed SaaS investors in the US (367)Series A investors in the US (372)Pre-seed AI investors in the US (403)Seed investors in California (415)SaaS investors in California (433)AI investors in California (464)Series A SaaS investors (475)Series A AI investors (500)Pre-seed investors in the US (549)Pre-seed SaaS investors (562)Pre-seed AI investors (633)Seed SaaS investors in the US (666)Seed AI investors in the US (724)Venture capital firms in the San Francisco Bay Area (768)Series A investors (864)Pre-seed investors (988)Seed SaaS investors (1,010)Venture capital firms in California (1,038)Seed investors in the US (1,043)SaaS venture capital firms in the US (1,049)Seed AI investors (1,082)AI venture capital firms in the US (1,112)SaaS investors (1,529)Active venture capital firms in the US (1,574)AI investors (1,576)Seed investors (1,892)Venture capital firms in the US (2,975)