Abstract
UnclaimedAt a Glance
- Check Size
- $. – $.
- Stage
- Pre-Seed, Seed, Series A, Series B+
- AUM
- $3.3B
- Sectors
- AI, Web3, Enterprise +2
- Founded
- 2016
- HQ
- San Francisco, CA
About Abstract
Abstract is a venture capital firm. Abstract is a venture capital firm based in San Francisco with $1.5 billion in assets under management. We are sector-agnostic and invest in seed and early stage companies. Our reputation among founders is built on fierce loyalty, unparalleled connections, and a relentless drive to help them win. The firm focuses on Pre-Seed, Seed, Series A, Series B+ investments across sectors including Aerospace & Defense, Other, Consumer, Fintech, Climate. The firm manages $1.8B in assets under management.
Investment Thesis
“Invests across aerospace & defense, consumer, fintech, and climate sectors from pre-seed through Series B+.”
Leadership Team
Ramtin Naimi founded Abstract in 2016 at 25, after trading technology stocks from age 13 and working in hedge funds and private-market investing. He is the named control person on every Abstract fund filing. General partner Alex Davidov, the other founding partner, invested at Core Innovation Capital and Founder Collective, worked in Bridgewater Associates' trading strategy group, and started two companies, Intellitoys and SkillSlate, the latter acquired by TaskRabbit. He holds a computer science degree and an MBA from Columbia.
Partner David Kwon led enterprise software investing at Greycroft and began in growth equity at Stripes. Partner Andrei Kozyrev was chief of staff to the U.S. CTO at Scale AI and an entrepreneur in residence at Thrive Capital. Anthony Heckman is operating partner for go-to-market, after building sales at unitQ and practicing law at Fenwick and Cooley. Adam Wilczek is chief financial officer, previously at Presidio Partners and Hellman & Friedman.
Sector Focus
Investment Stage
Notable Portfolio Companies
Fund History
Abstract began as a single-deal shop. SEC records show Abstract Ventures SPV LLC series filing Form Ds from November 2016, starting with vehicles for Ripple and Juicero, followed by more than 60 series of Abstract Ventures Special Opportunities LLC across 2017 and 2018. Abstract Holdings LLC, with Ramtin Naimi as sole control person, offered $6 million and sold $1.56 million to 10 investors from October 2017.
The first institutional commingled fund, AVF I LP, was organized in 2018 and reported $27.97 million sold to 23 investors after a first sale on September 26, 2018. AVF II LP followed in 2020 and AVGF I LP, the firm's first growth vehicle, in 2021. AVF III LP and AVGF II LP were both registered in August 2022. In November 2024 Abstract split its strategies into two new partnerships, AV Seed IV LP and AV Venture III LP. Every fund from AVF I onward filed as an indefinite offering, so individual fund sizes are not disclosed. The firm states $3.3 billion in assets under management.
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Frequently Asked Questions
What stage does Abstract invest at?
Abstract primarily invests at the Pre-Seed, Seed, Series A, Series B+ stages. This means they focus on companies that are at the earliest idea or prototype phase.
Where is Abstract located?
Abstract is headquartered in San Francisco, CA. Many of their portfolio companies are also based in this region, though they invest across geographies.
What sectors does Abstract focus on?
Abstract focuses on investments in AI, Web3, Enterprise, DevTools, Robotics. Their portfolio reflects deep expertise and networks within these sectors.
What is Abstract's typical check size?
Abstract's typical investment check size ranges from $. to $.. Actual amounts may vary based on the stage, sector, and specific opportunity.
How much does Abstract have under management?
Abstract manages approximately $3.3B in assets under management (AUM) across their funds.
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