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Conductive Ventures

North America, California, United States, Palo Alto

Description

Conductive Ventures is a Palo Alto-based venture capital firm that specializes in providing capital to expansion-stage companies, typically those raising Series B and C rounds. Established with a clear focus on enterprise software, hardware, and fintech sectors, the firm primarily targets opportunities within North America. Their investment philosophy centers on partnering with companies that have demonstrated product-market fit and are poised for significant growth, leveraging technology to solve complex business challenges.

The firm is known for its disciplined approach to investing, providing initial checks that typically range from $5 million to $15 million. This capital is often deployed to help portfolio companies scale their operations, expand their market reach, and accelerate product development. Beyond capital, Conductive Ventures emphasizes a hands-on approach, offering strategic guidance and operational support to help founders navigate the complexities of rapid growth. They are committed to building long-term relationships with their portfolio companies, often participating in follow-on rounds to support continued success.

Conductive Ventures has steadily grown its asset base since its inception. The firm successfully raised its first fund, Conductive Ventures I, with $100 million in 2017. This was followed by Conductive Ventures II, which closed at $150 million in 2020, and most recently, Conductive Ventures III, which secured $250 million in 2022. Cumulatively, the firm manages approximately $500 million across these three funds, underscoring its increasing presence and commitment to the technology investment landscape. This substantial capital base allows them to support a diverse portfolio of promising companies.

Investor Profile

Conductive Ventures has backed more than 35 startups, with 1 new investments in the last 12 months alone. The firm has led 16 rounds, about 46% of its total and boasts 3 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series A, Seed rounds (top funding stages).
  • Majority of deals are located in United States, South Korea.
  • Strong thematic focus on Software, Artificial Intelligence (AI), Financial Services.
  • Typical check size: $5M – $15M.

Stage Focus

  • Series B (31%)
  • Series A (26%)
  • Seed (14%)
  • Series D (9%)
  • Series C (9%)
  • Series Unknown (6%)
  • Series E (6%)

Country Focus

  • United States (94%)
  • South Korea (6%)

Industry Focus

  • Software
  • Artificial Intelligence (Ai)
  • Financial Services
  • Machine Learning
  • Fintech
  • Personal Finance
  • Mobile Apps
  • Internet
  • Health Care
  • Medical
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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 Conductive Ventures frequently co-invest with?

Altos Ventures
North America, California, United States, Menlo Park
Co-Investments: 7
Canaan Partners
North America, California, United States, Menlo Park
Co-Investments: 3
Root Ventures
North America, California, United States, San Francisco
Co-Investments: 3
Waterline Ventures
North America, Massachusetts, United States, Cambridge
Co-Investments: 4
New Enterprise Associates
North America, California, United States, Menlo Park
Co-Investments: 3
Digital Currency Group
North America, Connecticut, United States, Stamford
Co-Investments: 3
Bosch Ventures
Europe, Baden-Wurttemberg, Germany, Stuttgart
Co-Investments: 3
Meritech Capital Partners
North America, California, United States, Palo Alto
Co-Investments: 4
Silverton Partners
North America, Texas, United States, Austin
Co-Investments: 5
BlueRun Ventures
North America, California, United States, San Mateo
Co-Investments: 3

Which angels does Conductive Ventures often collaborate with?

David Rogier
North America, California, United States, San Francisco
Shared Deals: 1
David Stern
North America, New York, United States, New York
Shared Deals: 2
DC
North America, California, United States, San Francisco
Shared Deals: 1
WC
North America, California, United States, Beverly Hills
Shared Deals: 1
KH
North America, California, United States, Los Angeles
Shared Deals: 1
Leigh Jasper
Oceania, Victoria, Australia, Melbourne
Shared Deals: 3
Manny Machado
North America, Florida, United States, Coral Gables
Shared Deals: 1
GI
North America, Nevada, United States, Las Vegas
Shared Deals: 1
MC
North America, Texas, United States, Dallas
Shared Deals: 1
Robert Phillpot
Oceania, Victoria, Australia, Melbourne
Shared Deals: 3

What are some of recent deals done by Conductive Ventures?

evolvedMD

Scottsdale, Arizona, United States

EvolvedMD specializes in the integration of behavioral health services in modern primary care.

Health CareMedicalPrimary and Urgent CarePsychologyWellness
Series BJul 14, 2025
Amount Raised: $34,000,000
Qualytics

Baltimore, Maryland, United States

Qualytics helps improve the quality of enterprise decision-making with real-time data surveillance.

AnalyticsData IntegrationSoftware
Series AJun 23, 2025
Amount Raised: $10,000,000
HopSkip

Philadelphia, Pennsylvania, United States

HopSkip is a B2B SaaS platform that streamlines the sourcing and booking of hotel meetings, events, and conferences for event planners.

HospitalitySaaSSoftware
SeedJun 28, 2024
Amount Raised: $3,000,000
Cloverleaf.me

Cincinnati, Ohio, United States

Cloverleaf provides automated personal and team coaching to help businesses detect and combine personalities for a team.

Data VisualizationHuman ResourcesInformation Technology
Series AMar 27, 2024
Amount Raised: $7,300,000
Lily AI

Mountain View, California, United States

Lily AI is the platform that bridges the gap between brand-speak and customer-speak to drive exponential growth for commerce companies.

Artificial Intelligence (AI)E-CommerceFashion
Series BMar 14, 2024
Amount Raised: $20,000,000
MoeGo

Los Angeles, California, United States

MoeGo is a software solution designed for pet care business and professionals.

Mobile AppsPetSoftware
Series AMar 7, 2024
Amount Raised: $24,000,000
Empowerly

San Francisco, California, United States

Empowerly is an Edtech company that offers tailored college and career guidance services for students and their families.

EducationHigher EducationInformation TechnologyInternetUniversities
Series UnknownFeb 21, 2024
Amount Raised: $15,000,000
evolvedMD

Scottsdale, Arizona, United States

EvolvedMD specializes in the integration of behavioral health services in modern primary care.

Health CareMedicalPrimary and Urgent CarePsychologyWellness
Series AJun 13, 2023
Amount Raised: $14,000,000
Lily AI

Mountain View, California, United States

Lily AI is the platform that bridges the gap between brand-speak and customer-speak to drive exponential growth for commerce companies.

Artificial Intelligence (AI)E-CommerceFashion
Series BJun 9, 2022
Amount Raised: $25,000,000
evolvedMD

Scottsdale, Arizona, United States

EvolvedMD specializes in the integration of behavioral health services in modern primary care.

Health CareMedicalPrimary and Urgent CarePsychologyWellness
Series AMay 10, 2022
Amount Raised: $5,400,000