NeoCarta Ventures

NeoCarta Ventures, based in San Mateo, California, is a venture capital firm established in 2019, specializing in early-stage enterprise software companies. The firm primarily targets Seed, Series A, and Series B rounds, focusing on disruptive technologies within cloud infrastructure, artificial intelligence, machine learning, cybersecurity, data analytics, and developer tools. NeoCarta's investment thesis centers on identifying and supporting innovative B2B software solutions that address critical business needs and demonstrate strong potential for market leadership.

The firm's investment strategy involves providing significant capital and hands-on support to its portfolio companies. NeoCarta typically deploys initial checks ranging from $2 million to $10 million, often taking a lead or co-lead position in funding rounds. This approach allows them to secure meaningful ownership and actively contribute to the strategic growth of their investments. In 2022, NeoCarta successfully closed its second fund, NeoCarta Ventures Fund II, with a total capital commitment of $175 million, underscoring investor confidence in their focused strategy and experienced team.

NeoCarta Ventures is led by Managing Partners Dan Chu and Ben Fu, who bring extensive operational and investment experience from prominent technology companies and venture firms. Their collective background provides portfolio companies with valuable insights into product development, go-to-market strategies, and scaling operations. The firm's portfolio includes notable companies such as Vercel, Cohesity, Gong, Snyk, Wiz, Figma, and Notion, reflecting their track record of backing high-growth enterprise technology innovators. NeoCarta emphasizes a partnership approach, leveraging its network and expertise to help founders navigate the challenges of rapid expansion and achieve long-term success.