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Unlock Venture Partners

North America, Washington, United States, Seattle

Description

Unlock Venture Partners is a Seattle-based venture capital firm primarily focused on investing in seed-stage technology entrepreneurs across the Pacific Northwest and beyond. Established with a mission to support promising early-stage companies, the firm targets innovative startups in sectors such as SaaS, AI/ML, FinTech, and marketplaces. Their investment philosophy centers on identifying high-potential founders and providing not only capital but also strategic guidance and access to a robust network, aiming to accelerate growth and facilitate successful scaling.

The firm has demonstrated a clear commitment to the early-stage ecosystem through its successful fundraises. Unlock Venture Partners closed its second fund, Unlock Venture Partners Fund II, at $60 million in 2022, building on its initial $25 million Fund I from 2019. This capital enables them to make meaningful investments in nascent companies. Typically, Unlock Venture Partners writes initial checks ranging from $500,000 to $1.5 million, providing crucial early funding for startups to develop their products and gain initial market traction.

Beyond the initial capital injection, Unlock Venture Partners is known for its hands-on approach. The partners, including Andy Liu, Vijay Vashee, and Sarah Imbach, bring extensive operational experience from their backgrounds as founders and executives at successful tech companies. This collective expertise allows them to offer valuable mentorship, operational support, and strategic advice to their portfolio companies. They are also prepared to provide follow-on funding, with the capacity to invest up to $5 million over the lifetime of a company, demonstrating a long-term commitment to their portfolio's success. This comprehensive support system, combined with their strategic capital deployment, positions Unlock Venture Partners as a significant player in the Pacific Northwest's venture landscape.

Investor Profile

Unlock Venture Partners has backed more than 79 startups, with 2 new investments in the last 12 months alone. The firm has led 9 rounds, about 11% of its total and boasts 6 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series Unknown, Series A rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Mexico.
  • Strong thematic focus on Software, Financial Services, Artificial Intelligence (AI).
  • Led 1 rounds in the past year.
  • Typical check size: $500K – $1.5M.

Stage Focus

  • Seed (59%)
  • Series Unknown (11%)
  • Series A (10%)
  • Pre Seed (9%)
  • Series B (6%)
  • Convertible Note (1%)
  • Undisclosed (1%)
  • Secondary Market (1%)

Country Focus

  • United States (91%)
  • United Kingdom (4%)
  • Mexico (1%)
  • Estonia (1%)
  • Australia (1%)
  • United Arab Emirates (1%)

Industry Focus

  • Software
  • Financial Services
  • Artificial Intelligence (Ai)
  • Fintech
  • E-commerce
  • Apps
  • Mobile
  • Hardware
  • Real Estate
  • Health Care
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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 Unlock Venture Partners frequently co-invest with?

Canvas Ventures
North America, California, United States, Portola Valley
Co-Investments: 3
FJ Labs
North America, New York, United States, New York
Co-Investments: 4
Mucker Capital
North America, California, United States, Santa Monica
Co-Investments: 3
Wavemaker Partners
Asia, Central Region, Singapore, Singapore
Co-Investments: 3
The Artemis Fund
North America, Texas, United States, Houston
Co-Investments: 4
Union Bay Partners
North America, Washington, United States, Seattle
Co-Investments: 4
Northwestern Mutual Future Ventures
North America, Wisconsin, United States, Milwaukee
Co-Investments: 3
MANTIS Venture Capital
North America, California, United States, Santa Monica
Co-Investments: 3
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 3
IV
North America, Washington, United States, Seattle
Co-Investments: 4

Which angels does Unlock Venture Partners often collaborate with?

AK
North America, California, United States, Los Angeles
Shared Deals: 1
TW
North America, California, United States, San Francisco
Shared Deals: 4
EL
North America, California, United States, Los Angeles
Shared Deals: 1
Mark Geller
North America, California, United States, Los Angeles
Shared Deals: 1
PS
North America, California, United States
Shared Deals: 1
CT
North America, California, United States, San Francisco
Shared Deals: 1
DD
North America, California, United States, Los Angeles
Shared Deals: 1
GR
North America, California, United States, Los Angeles
Shared Deals: 1
Sergio A. Escobar
North America, Quebec, Canada, Montréal
Shared Deals: 2
NG
North America, California, United States, Santa Monica
Shared Deals: 1

What are some of recent deals done by Unlock Venture Partners?

SEASALT.AI

Redmond, Washington, United States

SEASALT.AI provides holistic AI solutions to enterprise customers.

Artificial Intelligence (AI)
SeedNov 18, 2024
Amount Raised: $4,200,000
Picnic

Seattle, Washington, United States

Picnic is a developer of robotic food system designed to automate the pizza-making process.

Food ProcessingIndustrial AutomationRoboticsSoftware
Series UnknownOct 29, 2024
Amount Raised: $5,000,000
Enzzo

Seattle, Washington, United States

Enzzo is an AI-powered platform that aims to expedite and streamline the creation of innovative hardware products.

Artificial Intelligence (AI)ElectronicsHardware
SeedMar 5, 2024
Amount Raised: $3,000,000
Augie Studio

White Plains, New York, United States

Making video creation accessible and intuitive for everyone

Content CreatorsFilm ProductionMedia and EntertainmentSoftwareTV ProductionVideoVideo AdvertisingVideo Editing
SeedSep 27, 2023
Amount Raised: $3,100,000
Auriga Space

Los Angeles, California, United States

Next-generation space launch company providing efficient, clean and flexible transport to space

AerospaceGovernmentHardwareNational SecuritySpace Travel
Pre SeedAug 3, 2023
Amount Raised: $5,000,000
Continuum Space Systems

Pasadena, California, United States

Continuum Space built the Unified Mission Management SaaS platform for planning and executing space missions with less time and cost

AerospaceManagement Information SystemsSpace Travel
SeedJun 22, 2023
Amount Raised: $3,000,000
Sensate

London, England, United Kingdom

Sensate provides on-the-spot profound relaxation in as few as 10 minutes.

AppsHealth CareMedicalWellness
SeedMar 7, 2023
Amount Raised: $3,200,000
Sensate

London, England, United Kingdom

Sensate provides on-the-spot profound relaxation in as few as 10 minutes.

AppsHealth CareMedicalWellness
SeedJan 12, 2023
Amount Raised: $3,200,000
Aerotruth

Melbourne, Victoria, Australia

Aerotruth is a B2B SaaS solution that automates the document onboarding process for banks, financial institutions, and fintechs.

Cloud StorageDocument ManagementFinancial ServicesSoftware
SeedDec 23, 2022
Amount Raised: $1,300,000
Audiotool

Seattle, Washington, United States

Audiotool is a free collaborative online music production studio in the browser.

Audio Recording and ProductionCollaborationEducationMedia and EntertainmentMusicSoftware
Pre SeedOct 18, 2022
Amount Raised: $2,600,000