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the inception fund

helping the bold start

First checks for technical founders since 2010.

Tell us what you’re building

Cybersecurity AI Infra Physical AI Agents Weird

Backed at inception. Obvious later.

Clay GTM engineering Backed since 2017 Generalist AI General-purpose robotics Backed since 2024 Protect AI AI security → Palo Alto Networks Backed since 2022 Keycard Identity & access for AI agents Backed since 2025 Tessl AI-native development Backed since 2024 Snyk Developer-first security Backed since 2015
A selection of inception investments. More companies →

From inception

You’re early. So are we.

You have an idea you can’t stop thinking about. We want to hear it, even before there’s a company. We’ll help you pressure test it and move quickly to write your first check, from $500K to $15M, so you can get building.

No hedging. No homework. What we don’t do

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Investors and operators for zero-to-one. Full team →

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