DevTools Venture Capital Firms

Targets unsexy antiquated markets avoiding crypto and VR

Builds AI companies from inception with recruited CEOs and built-in customers

Early-stage venture firm investing in open source, developer tools, and infrastructure software companies.

Backs deeply technical enterprise founders in infrastructure and AI/ML.

Seed through buyouts with internal Portfolio Services consulting team.

AI-native venture firm founded by former Bridgewater and Facebook AI executive Sarah Guo, investing in the AI transformation.

AI-native venture firm founded by Sarah Guo, investing exclusively in artificial intelligence companies across infrastructure, applications, and vertical AI.

Seed-stage investor using category-shaping framework and concentrated follow-ons.

Decibel Partners is a Palo Alto-based early-stage venture firm founded by former executives from large technology companies, investing primarily in enterprise software, security, and infrastructure at the Seed and Series A stages. The firm's partners bring deep operational experience from companies like Splunk and Salesforce, giving founders access to enterprise go-to-market expertise from day one. Portfolio companies include Abnormal Security, Blameless, and Observe.

Early-stage AI startups receive founder-led mentorship and product integration.

Seed-stage, engineering-first lead investor backing software infrastructure.

Engineer-first solo GP investing in infra startups at early stages.

Prioritizes founders in governance, offers non-dilutive founder development fund.

AngelList syndicate hunter with craftsman mentality.

Early-stage investor in enterprise infrastructure working hands-on from day 0.

Emerging manager fund focused on seed-stage investments in enterprise software, AI, and developer tools.

Venture studio and early-stage fund from Madrona, creating and investing in AI and cloud companies from the Pacific Northwest.

Pacific Northwest's leading venture firm, investing in early-stage technology companies with a focus on AI, cloud, and enterprise.

Solo-GP Robin Vasan leads early rounds for technical founders in cloud.

Microsoft's corporate venture fund investing in enterprise technology startups across AI, security, and cloud infrastructure.

First institutional fund exclusively for commercial open-source startups.

Expansion-stage venture firm focused exclusively on product-led growth B2B software companies.

Early-stage venture firm investing in enterprise software and infrastructure companies, with a focus on founders from underrepresented backgrounds.

Seed-stage team of practicing engineers underwriting engineering risk.

Data-driven venture firm using a proprietary platform called Beacon that analyzes billions of data points to identify top talent and companies.

Seed-stage micro-VC offering hands-on, bespoke plans for each company.

Embeds full-time Founder Services operators into startups.

Enterprise-focused seed and early-stage venture firm investing in next-generation B2B technology companies.

Enterprise software venture firm focused on seed-stage companies building foundational B2B technology.

Early-stage venture capital firm based in Atlanta, investing in B2B software companies across the Southeast. Focus on enterprise software, developer tools, and infrastructure technologies.

Austin-based seed fund investing in early-stage B2B software companies. They focus on providing capital and mentorship to help founders navigate the critical early stages of company building.

Early-stage venture firm investing in technical founders building AI, infrastructure, and applied technology companies.

AirTree is a leading Australian venture capital firm managing over $1 billion across multiple funds. They partner with founders building the next generation of technology companies across Australia and New Zealand, from seed to growth stages.

The infrastructure-focused fund of a16z, investing in cloud, networking, security, and developer tools that form the foundation of modern computing.

Astella Investimentos is a Brazilian venture capital firm focused on early-stage B2B SaaS and technology companies. The firm provides smart capital and deep operational support to help founders scale across Latin America.

One of the oldest and most established VC firms in America, founded in 1911. Portfolio includes LinkedIn, Shopify, Twilio, and Pinterest.

Folklore Ventures is an early-stage venture firm investing in ambitious founders across Australia and New Zealand. Founded by former Atlassian leaders, the firm brings deep operator experience to help portfolio companies scale.

Minneapolis-based early-stage venture capital firm focused on B2B software companies. Emphasizes companies with strong product-market fit and scalable business models.

Chicago-based early-stage venture capital firm investing in B2B software companies. Known for their hands-on approach and focus on helping founders scale their businesses.

Founded by Semil Shah, focuses on pre-seed and seed investments in software companies. Known for early investments in mobile and AI companies and strong relationships with technical founders.

The growth equity strategy of Insight Partners, focused on scaling software and internet companies from $10M+ ARR. One of the world's most active growth investors.

Keen Venture Partners is a European venture capital firm based in Amsterdam that invests in early-stage technology companies. The firm focuses on B2B software and platform companies across Europe with a hands-on approach to founder support.

Corporate venture arm of Mistral AI, investing in the AI ecosystem including applications, infrastructure, and tooling built on open-source AI models.

A London-based venture capital firm specializing in B2B software and cloud technology investments. Known for their deep operational expertise and focus on enterprise software.

Early-stage venture capital fund led by operators investing in B2B software companies built by experienced entrepreneurs. Founded by Rebekah Bastian and focuses on enterprise software startups.

Austin-based venture capital firm focused on early-stage enterprise software companies. They emphasize investing in companies with demonstrated product-market fit and clear paths to profitability.

Venture capital arm of SAP focusing on enterprise software investments. Combines strategic value from SAP's ecosystem with traditional venture capital to help enterprise software companies scale globally.

Theory Ventures is an early-stage venture capital firm focused on investing in AI-first companies and technical founders building the next generation of intelligent software. They combine deep technical expertise with operational support to help entrepreneurs scale AI-powered businesses.

Venture arm of quantitative investment firm Two Sigma, backing data-driven technology companies at seed through growth.

Dallas-based venture capital fund focused on early-stage enterprise software companies. They provide both capital and hands-on operational support to help founders build scalable technology businesses.

Version One Ventures is an early-stage venture capital firm that invests in transformative technology companies across North America. They focus on B2B software, fintech, and infrastructure investments with strong product-market fit indicators.