At a Glance
Conviction Partners was founded in 2023 by Sarah Guo, former general partner at Greylock Partners, as an AI-native venture capital firm. The firm raised $101 million for its inaugural fund, positioning itself as one of the first VC firms dedicated exclusively to artificial intelligence investments. Guo brings extensive experience from her time at Greylock, where she led investments in AI and enterprise software companies and built a reputation as one of the most prominent AI-focused investors in Silicon Valley. The firm's investment approach centers on three key areas: AI infrastructure and tooling, AI-native applications, and vertical AI solutions that transform specific industries. Conviction Partners has quickly established itself in the AI ecosystem by backing companies like Harvey (legal AI), Runway (creative AI tools), and Character.AI (conversational AI). What distinguishes the firm is its singular focus on AI at a time when many generalist VCs are still developing their AI expertise, combined with Guo's deep technical knowledge and extensive network in the AI community.
“Backs founders building AI-native companies that fundamentally transform how industries operate, with a focus on applied AI and infrastructure.”
Conviction Partners primarily invests at the Seed, Series A stages. This means they focus on companies that are building their initial product and finding product-market fit.
Conviction Partners is headquartered in San Francisco, CA. Many of their portfolio companies are also based in this region, though they invest across geographies.
Conviction Partners focuses on investments in AI, Enterprise, DevTools. Their portfolio reflects deep expertise and networks within these sectors.
Conviction Partners's typical investment check size ranges from $1M to $15M. Actual amounts may vary based on the stage, sector, and specific opportunity.
Conviction Partners manages approximately $300M in assets under management (AUM) across their funds.