Fund profile / United States

AlleyCorp Fund II

Geography: United States
Stage: Pre-Seed
Fund size: $335M
Focus: Deep Tech and Digital Health
Signals: Published

N°01 / About

About AlleyCorp Fund II

Kevin Ryan's AlleyCorp closed its second institutional fund at $335M, up from $250M in 2024. Pre-seed and seed check writer (typically under $10M first checks) plus in-house incubation, focused on healthcare, deep tech and diversified technology out of New York.

N°02 / Thesis

Investment Focus

Location / RegionUnited States

Funding StagePre-Seed

Industry Focus

Deep Tech

Digital Health

Investor Signals Profile

active

Sweet Spot

Pre-seed healthcare/deep tech founder, first check, NYC-connected

healthcare

deep tech

in-house incubation

pre-seed

NYC

Bullish Signals

Fund II at $335M, up from $250M debutexternal

60% all-time IRR reported (unverified)external

KR: $1.1B DoubleClick exit, $1.18B MongoDB IPOwikipedia

KR board director Mercy Corps, HRW emerituswikipedia

KR EY Entrepreneur of Year 2009, NY Top 100wikipedia

KR co-founded 5+ major exits, pattern-makerwikipedia

Contrarian Signals

IRR figure not independently verifiedexternal

Gilt ($250M exit) and Business Insider acquired (not IPO)wikipedia

Founder Do's

Pre-seed/seed, first check under $10M

Healthcare or deep tech focus

Open to in-house incubation model

NYC/US-UK network preferred

Founder Don'ts

Pitch outside network without intro

Post-Series A stage

19 signals on AlleyCorp Fund II

6 bullish · 2 contrarian · 4 pitch do's · 2 don'ts · 5 GP profiles, each with its source. From €9/month, cancel anytime.

See a signal free View Plans Browse all Signal Profiles →

Facts

Fund Overview

Fund Size$335M

Saves0

Website

People

Key People

Kevin Ryan

Kevin P. RyanFounder & CEO

Jay HassGeneral Partner & CFO

Marshall PorterGeneral Partner

Alexi NazemGeneral Partner, MD

Abe MurrayGeneral Partner

N°04 / See also

Related Funds

Fortson VC Fund I

Fund size$50M

Location: United States
Stage: Pre Seed
Focus: Ai Ml
Manager: Cole Younger

Pre Seed

Ai Ml

Founders Fund Growth IV

Fund size$6000M

Location: United States
Stage: Growth
Focus: Ai Ml, Defense, Enterprise Software, Cybersecurity
Manager: Peter Thiel, Napoleon Ta, Trae Stephens

Growth

Ai Ml

Defense

Enterprise Software

Cybersecurity

Pamlico Capital VI

Fund size$1750M

Location: United States
Stage: Series A
Focus: Ai Ml, Saas
Manager: Arthur Roselle, Stuart Christhilf

Series A

Ai Ml

Saas