The world’s first AI-only venture fund.
Vela Partners has invested exclusively in AI since the firm’s founding in 2017, well before the current AI cycle made the category obvious. Across three funds and more than ten years, every portfolio company has been an AI company. The thesis has not changed: AI will reshape every industry it touches, and the highest-quality founders in the AI era are best identified by quantitative, scientific methods.
Vela is an AI-native, product-led, quant, scientific venture capital firm. Our portfolio spans pre-seed through Series A. The categorization below is consistent across all three funds: a company we backed early in the firm’s history and a company we backed recently may sit in the same bucket if they address the same AI capability. That continuity is the point.
For the methodology behind how we evaluate AI founders and companies, see our research program and the VCBench benchmark.
Agentic AI and autonomous systems
Companies building AI agents that take action, run workflows end-to-end, or operate autonomously in the physical or digital world. This is where the application layer of modern AI is most visible, and it is where we have been most active recently.
- Bito
AI agents for software engineers.
- RadiantOps
LLM-powered planning tool for engineering teams.
- Thunk
No-code AI agents for enterprises.
- Auxia
Agentic marketing platform that orchestrates personalized customer journeys.
- Rigor
LLM-powered cybersecurity tool orchestration.
- Promise
AI-powered movie studio.
- RefiBuy
Agentic solutions for e-commerce.
- Simular
Agentic computer use.
- Lovie
Agentic banking.
- Cartken
Autonomous robots for delivery and logistics.
- Limitless
Personal AI for memory and meetings.
Acquired by Meta - Promoted
Ad ranking and recommendation systems.
Acquired by Dropbox - Bear Robotics
Service robots for restaurants and hospitality.
Acquired by LG
Foundation models and scientific AI
Companies building new AI capabilities at the model layer, in scientific domains, or at the frontier of what is computationally possible. These are the bets where the technical risk is highest and the upside is structural.
- Cambridge Visual Intelligence Labs
Frontier AI lab focused on visual intelligence.
- HiVerge
LLM-powered scientific and algorithmic discovery.
- Mirelo
Foundational model for sound.
- Prism
AI- and math-powered drug discovery.
- BlueQubit
Quantum computing software.
AI for industry
Companies applying AI to a specific vertical, where domain expertise plus AI capability produces a defensible product. The vertical AI bucket is the largest and most diverse part of our portfolio because the surface area of “AI applied to industry X” is itself enormous.
- The AI Assessment Company
AI-native education and assessment.
- LevelPlane
AI-native procurement for manufacturing firms.
- Pensieve
AI-powered tutoring and grading for teachers.
- Akool
GenAI for marketing.
- Firefly
AI-powered out-of-home advertising on vehicle-mounted digital displays.
- Phaidra
Industrial AI for cooling, energy, and operations in heavy industry.
- goooods
B2B commerce platform serving retailers and brands.
- Huckleberry
AI-powered pediatric sleep and family wellness platform.
- Vieu
AI for relationship and pipeline intelligence in B2B sales.
- Brox
AI digital twins of real people for market research and behavioral prediction.
- Volt
AI-powered computer vision for physical security.
- Base
AI for physical security and urban risk intelligence.
- Arena
AI-powered live experiences and audience engagement.
- Axiom Cloud
AI for refrigeration and HVAC efficiency.
- Meditopia
Mental wellness platform.
- Kunduz
AI-powered tutoring at scale across emerging markets.
- Golden
Knowledge graph and compliance AI.
Acquired by ComplyAdvantage - WaveOne
AI video compression.
Acquired by Apple - Vartana
SaaS sales financing.
Acquired by Capchase
AI-native infrastructure and data
Companies building the data, identity, security, and tooling layer that AI applications need to run safely at scale. Infrastructure investments are typically less obvious than application investments but they compound over longer timeframes.
- OwnId
Passwordless login and authentication.
Acquired by Unico - Nominal
Test data and instrumentation infrastructure for hardware.
- Cerby
Identity security for non-standard SaaS applications.
- Lightup
Data quality and observability.
- Polymer
Business intelligence for startups and SMBs.
- CloudNatix
Cloud cost and operations infrastructure.
- LeakSignal
Application data security.
Acquired by F5 - Anything
Text-to-app platform.
- Kuika
Low-code application platform.
- Copper
CRM built natively on Google Workspace.
- Jobox
On-demand labor for tradespeople.
Acquired by Talus Pay - ProtoPie
Design prototyping platform.
- Interviewing.io
Anonymous technical interview practice.