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Ground Up Ventures

North America, Pennsylvania, United States, Philadelphia

Description

Ground Up Ventures is an early-stage venture capital firm with a distinctive focus on pre-seed and seed-stage technology startups across the United States and Israel. Founded by David Stark and Cory Levy, the firm distinguishes itself by its founder-friendly approach and its commitment to supporting entrepreneurs from the earliest stages of their company's development. Headquartered in Philadelphia, Ground Up Ventures leverages its dual geographic presence to tap into vibrant innovation ecosystems, identifying promising ventures with high growth potential in both established and emerging tech hubs.

The firm's investment strategy centers on providing crucial capital and strategic guidance to companies at their foundational stages. Ground Up Ventures typically deploys an initial check size ranging from $500,000 to $1.5 million, aiming to be the first institutional capital for many of its portfolio companies. This early commitment allows them to build deep relationships with founders and contribute significantly to their initial growth trajectory. Their portfolio spans various sectors, including enterprise software, fintech, healthcare IT, and consumer technology, reflecting a broad interest in disruptive innovations that address significant market needs.

Ground Up Ventures has demonstrated a consistent ability to raise capital and expand its investment capacity. The firm successfully closed its third fund, Ground Up Ventures III, with $100 million in commitments, following previous funds of $20 million (Fund I) and $70 million (Fund II). This brings their total capital under management to approximately $190 million, underscoring their growing influence in the early-stage venture landscape. Beyond capital, Ground Up Ventures emphasizes hands-on support, connecting founders with a network of industry experts, potential customers, and follow-on investors, thereby fostering a collaborative environment for portfolio success.

Investor Profile

Ground Up Ventures has backed more than 44 startups, with 4 new investments in the last 12 months alone. The firm has led 3 rounds, about 7% of its total and boasts 4 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
  • Majority of deals are located in United States, Israel, Canada.
  • Strong thematic focus on Software, E-Commerce, Artificial Intelligence (AI).
  • Typical check size: $500K – $1.5M.

Stage Focus

  • Seed (66%)
  • Series A (16%)
  • Pre Seed (9%)
  • Series B (7%)
  • Series Unknown (2%)

Country Focus

  • United States (89%)
  • Israel (9%)
  • Canada (2%)

Industry Focus

  • Software
  • E-commerce
  • Artificial Intelligence (Ai)
  • Insurtech
  • Real Estate
  • Property Management
  • E-commerce Platforms
  • Human Resources
  • Recruiting
  • Information Technology
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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 Ground Up Ventures frequently co-invest with?

Gaingels
North America, Vermont, United States, Burlington
Co-Investments: 4
JLL Spark
North America, California, United States, San Francisco
Co-Investments: 4
New Enterprise Associates
North America, California, United States, Menlo Park
Co-Investments: 3
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 3
BoxGroup
North America, New York, United States, New York
Co-Investments: 3
Global Founders Capital
Europe, Berlin, Germany, Berlin
Co-Investments: 4
Collaborative Fund
North America, New York, United States, New York
Co-Investments: 3
MetaProp
North America, New York, United States, New York
Co-Investments: 4
Building Ventures
North America, Massachusetts, United States, Boston
Co-Investments: 3
Haystack
North America, California, United States, San Francisco
Co-Investments: 4

Which angels does Ground Up Ventures often collaborate with?

EL
North America, Florida, United States, Miami Beach
Shared Deals: 2
SA
North America, California, United States
Shared Deals: 1
AO
North America, New York, United States, New York
Shared Deals: 1
Balaji Srinivasan
Asia, Central Region, Singapore, Singapore
Shared Deals: 1
NB
North America, New York, United States, New York
Shared Deals: 1
GR
North America, California, United States, San Francisco
Shared Deals: 2
JW
North America, New York, United States, New York
Shared Deals: 2
MR
North America, California, United States, Santa Monica
Shared Deals: 2
RI
North America, California, United States, San Francisco
Shared Deals: 1
AS
North America, Texas, United States, Irving
Shared Deals: 1

What are some of recent deals done by Ground Up Ventures?

Portless

Toronto, Ontario, Canada

Portless fulfills e-commerce orders directly from China to your customer's front door.

E-CommerceLogisticsTransportation
Series AApr 29, 2025
Amount Raised: $18,000,000
Pillar Security

Miami, Florida, United States

Pillar empowers companies to build and run secure AI software by proactively identifying and mitigating risks across the entire AI lifecycle

Artificial Intelligence (AI)Cyber SecurityGenerative AI
SeedApr 16, 2025
Amount Raised: $9,000,000
Jones

New York, New York, United States

Jones helps real estate and construction companies to make smart decisions about insurance so they can boost efficiency and mitigate claims.

ComplianceInsurTechProperty ManagementPropTechReal EstateSoftware
Series BJan 3, 2025
Amount Raised: $15,000,000
Panjaya

Tel Aviv, Tel Aviv, Israel

Panjaya offers generative-AI dubbing technology to localize any video content.

Artificial Intelligence (AI)AudioContentContent Creators
Series UnknownNov 8, 2024
Amount Raised: $9,500,000
OurRitual

New Castle, Delaware, United States

OurRitual is a digital platform that transforms the way people strengthen and grow their relationships.

CommunitiesHealth CarePersonal DevelopmentPersonal HealthWellness
SeedJul 23, 2024
Amount Raised: $5,200,000
ZeroMark

New York, New York, United States

ZeroMark is a defense product company building technology to ensure safety and precision when using kinetic and non lethal weapons.

Augmented RealityGovernmentLaw EnforcementNational SecurityRobotics
SeedMay 24, 2024
Amount Raised: $7,000,000
Draftboard

New York, New York, United States

Draftboard is an online platform for companies to post their new-hire referral bonuses publicly.

Human ResourcesOnline PortalsRecruiting
SeedApr 15, 2024
Amount Raised: $4,100,000
Refine Intelligence

Tel Aviv, Tel Aviv, Israel

Refine Intelligence brings a new paradigm to fighting financial crime: Catching the Good Guys

FinTechSecuritySoftware
SeedNov 13, 2023
Amount Raised: $13,000,000
Openlayer

San Francisco, California, United States

Openlayer is an analysis platform that "opens up" machine learning models by detecting and eliminating failure patterns and biases.

Artificial Intelligence (AI)Developer ToolsInformation TechnologyMachine LearningQuality AssuranceSoftware
SeedMay 4, 2023
Amount Raised: $4,800,000
OurRitual

New Castle, Delaware, United States

OurRitual is a digital platform that transforms the way people strengthen and grow their relationships.

CommunitiesHealth CarePersonal DevelopmentPersonal HealthWellness
Pre SeedOct 24, 2022
Amount Raised: $2,000,000