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Calibrate Ventures

North America, California, United States, Pasadena

Description

Calibrate Ventures is an early-stage venture capital firm based in Pasadena, California, co-founded by Kevin Dunlap and Jason Schoettler. The firm primarily focuses on investing in transformative enterprise software companies. Their investment strategy centers on identifying and supporting startups that are leveraging cutting-edge technologies to solve critical business challenges, particularly within the B2B SaaS landscape.

The firm's investment thesis is sharply defined, targeting Seed and Series A rounds. Calibrate Ventures seeks out companies developing solutions in areas such as artificial intelligence, machine learning, data infrastructure, and other innovative enterprise software applications. They are known for taking a hands-on approach, often leading or co-leading investment rounds, and working closely with their portfolio companies to accelerate growth and market penetration. Their commitment extends beyond capital, providing strategic guidance and operational support to founders.

Calibrate Ventures manages significant capital across its funds. Their first fund, Calibrate Ventures Fund I, L.P., closed at $80 million, demonstrating their initial commitment to the early-stage enterprise software ecosystem. Building on this success, they launched Calibrate Ventures Fund II, L.P., which secured $120 million to continue their investment activities. The firm's typical initial check size for new investments ranges from $1 million to $5 million, reflecting their sweet spot for providing meaningful early capital to promising startups. This structured approach allows them to support companies from their foundational stages through critical growth milestones.

The firm's strategic location in Southern California positions them well within a burgeoning tech ecosystem, though their investment scope is not geographically limited. Calibrate Ventures aims to be a long-term partner to entrepreneurs, providing the necessary resources and expertise to scale innovative enterprise solutions. Their focus on specific technology verticals and early-stage rounds allows them to build deep expertise and provide specialized value to their portfolio.

Investor Profile

Calibrate Ventures has backed more than 37 startups, with 1 new investments in the last 12 months alone. The firm has led 12 rounds, about 32% of its total and boasts 3 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Seed rounds (top funding stages).
  • Majority of deals are located in United States.
  • Strong thematic focus on Artificial Intelligence (AI), Machine Learning, Software.
  • Typical check size: $1M – $5M.

Stage Focus

  • Series A (43%)
  • Series B (35%)
  • Seed (16%)
  • Pre Seed (3%)
  • Series Unknown (3%)

Country Focus

  • United States (100%)

Industry Focus

  • Artificial Intelligence (Ai)
  • Machine Learning
  • Software
  • Robotics
  • Service Industry
  • Information Technology
  • Health Care
  • Transportation
  • Small And Medium Businesses
  • Fleet Management
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Calibrate Ventures frequently co-invest with?

3M New Ventures
North America, Minnesota, United States, Saint Paul
Co-Investments: 3
TenOneTen Ventures
North America, California, United States, Los Angeles
Co-Investments: 3
OCA Ventures
North America, Illinois, United States, Chicago
Co-Investments: 3
1984 Ventures
North America, California, United States, San Francisco
Co-Investments: 3
Uncork Capital
North America, California, United States, San Francisco
Co-Investments: 3
Foundry Group
North America, Colorado, United States, Boulder
Co-Investments: 4
B Capital
North America, California, United States, Manhattan Beach
Co-Investments: 4
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 4
Neo
North America, California, United States, San Francisco
Co-Investments: 3
Khosla Ventures
North America, California, United States, Menlo Park
Co-Investments: 3

Which angels does Calibrate Ventures often collaborate with?

JK
North America, Massachusetts, United States, Boston
Shared Deals: 1
PS
North America, California, United States, Sunnyvale
Shared Deals: 1
BP
North America, Washington, United States, Auburn
Shared Deals: 1
AK
North America, California, United States, Mountain View
Shared Deals: 1
SF
North America, Massachusetts, United States, Boston
Shared Deals: 1
AL
North America, California, United States, San Francisco
Shared Deals: 1
SJ
North America, California, United States, Los Angeles
Shared Deals: 1
EJ
North America, Utah, United States, Salt Lake City
Shared Deals: 1
AB
North America, Massachusetts, United States, Boston
Shared Deals: 1
GS
North America, Massachusetts, United States, Boston
Shared Deals: 1

What are some of recent deals done by Calibrate Ventures?

SigIQ

Berkeley, California, United States

SigIQ offers and builds reliable & trustworthy GenAI for lowering the cost of personalized learning to the cost of computation.

Artificial Intelligence (AI)Generative AIInformation Technology
SeedApr 7, 2025
Amount Raised: $9,500,000
GrayMatter Robotics

Gardena, California, United States

GrayMatter Robotics provides AI-powered robotic solutions that enhance productivity and efficiency for high-mix manufacturers.

Artificial Intelligence (AI)Machine LearningRobotics
Series BJun 20, 2024
Amount Raised: $45,000,000
Regard

Los Angeles, California, United States

Regard uses AI to automatically diagnose patients and generate accurate notes for doctors to improve patient care and reduce burnout.

Artificial Intelligence (AI)Electronic Health Record (EHR)Health CareMachine LearningSoftware
Series BJun 11, 2024
Amount Raised: $61,000,000
Collaborative Robotics

Santa Clara, California, United States

Collaborative Robotics is building robots that help in indoor and outdoor tasks alongside humans.

Information TechnologyMachinery ManufacturingRobotics
Series BApr 10, 2024
Amount Raised: $100,000,000
Manifold

Newton, Massachusetts, United States

Manifold is an AI-powered clinical research platform.

Artificial Intelligence (AI)Enterprise SoftwareHealth CareLife ScienceSoftware
Series ANov 14, 2023
Amount Raised: $15,000,000
SliceX AI

Menlo Park, California, United States

SliceX AI is a pioneering AI/ML company whose mission is focused on making next-generation artificial intelligence universally accessible.

Artificial Intelligence (AI)Computer VisionInformation TechnologyMachine LearningNatural Language Processing
Pre SeedOct 4, 2023
Amount Raised: $2,000,000
Trellis Research

Los Angeles, California, United States

Trellis Research is a state trial court legal research and analytics platform with AI-based insights on judges.

AnalyticsInformation TechnologyLegalLegal Tech
Series BAug 22, 2023
Amount Raised: $15,000,000
TruckLabs

Redwood City, California, United States

TruckLabs is a trucking technology company that improves the efficiency and sustainability of today's and tomorrow's fleets.

Fleet ManagementIndustrialService IndustryTransportation
Series BAug 1, 2023
Collaborative Robotics

Santa Clara, California, United States

Collaborative Robotics is building robots that help in indoor and outdoor tasks alongside humans.

Information TechnologyMachinery ManufacturingRobotics
Series AJul 26, 2023
Amount Raised: $30,000,000
aiXplain

Los Gatos, California, United States

aiXplain is a no-code low-code AI IDE and a marketplace for small and medium enterprises offering Large Language Models, GPT, Multimodal AI

Artificial Intelligence (AI)Call CenterConsultingInformation ServicesMachine LearningMedia and EntertainmentNatural Language ProcessingSaaSSoftwareSpeech Recognition
SeedApr 26, 2023
Amount Raised: $8,000,000