
Gutbrain Ventures
Description
Gutbrain Ventures is an independent venture capital firm based in Boston, Massachusetts, established in 2016. The firm primarily focuses on early-stage enterprise software companies, demonstrating a clear commitment to the B2B technology sector. Their investment thesis centers on identifying and supporting innovative startups poised to disrupt various industries through advanced software solutions. The firm's strategic location in Boston allows it to tap into a vibrant ecosystem of tech talent and emerging companies.
Over the years, Gutbrain Ventures has steadily grown its capital base, reflecting increasing confidence from limited partners and an expanding capacity for investment. The firm successfully closed its first fund, Gutbrain Ventures I, at $30 million in 2017. This was followed by Gutbrain Ventures II, which closed at $60 million in 2020, doubling their previous fund size. Most recently, the firm announced the closing of Gutbrain Ventures III at $90 million in 2023, bringing their total capital raised across all funds to $180 million. This progression underscores their disciplined approach and track record in the enterprise software space.
Gutbrain Ventures actively seeks to lead or co-lead Seed and Series A funding rounds, indicating a preference for significant involvement in their portfolio companies' early development. Their investment scope is particularly concentrated on promising areas within enterprise technology, including artificial intelligence (AI), machine learning (ML), and cybersecurity. For companies seeking early-stage capital, Gutbrain Ventures typically deploys initial checks ranging from $1.5 million for Seed rounds up to $7 million for Series A investments, depending on the specific needs and valuation of the startup.
The firm's managing partners, Bob Davis and Mike Skok, bring extensive experience in technology and venture capital, guiding Gutbrain Ventures' investment strategy and providing valuable mentorship to portfolio companies. Their expertise, combined with a focused investment mandate and growing capital base, positions Gutbrain Ventures as a significant player in the early-stage enterprise software venture landscape, particularly for companies leveraging cutting-edge technologies.
Investor Profile
Gutbrain Ventures has backed more than 70 startups, with 1 new investments in the last 12 months alone. The firm has led 17 rounds, about 24% of its total and boasts 6 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
- Majority of deals are located in United States, Canada.
- Strong thematic focus on Software, SaaS, Artificial Intelligence (AI).
- Led 1 rounds in the past year.
- Typical check size: $1.5M – $7M.
Stage Focus
- Seed (40%)
- Series A (24%)
- Series Unknown (14%)
- Series B (9%)
- Pre Seed (4%)
- Series C (4%)
- Series E (3%)
- Series D (1%)
Country Focus
- United States (97%)
- Canada (3%)
Industry Focus
- Software
- Saas
- Artificial Intelligence (Ai)
- Information Technology
- Machine Learning
- Cyber Security
- Analytics
- Internet Of Things
- Internet
- Customer Service
Frequently Asked Questions
Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.