Fund profile / United States

CRV Fund XX

Geography: United States
Stage: Seed
Fund size: $750M
Focus: AI/ML, Consumer & Commerce, Cybersecurity and Developer Tools
Signals: Published

N°01 / About

About CRV Fund XX

Consumer, Cybersecurity, DevTools, AI, SaaS focused fund

N°02 / Thesis

Investment Focus

Location / RegionUnited States

Funding StageSeed

Industry Focus

AI/ML

Consumer & Commerce

Cybersecurity

Developer Tools

SaaS

Investor Signals Profile

active

Sweet Spot

Non-consensus hard tech founders with long-horizon vision

physical AI

hard tech

deep tech

non-consensus bets

long-horizon investing

Bullish Signals

Active community events, hard tech focusexternal

GP signals appetite for non-consensus betslinkedin

Leading Oak seed round, AI-native identity OSwebsite

750+ backed companies, DoorDash/Mercury/Vercel pedigreewebsite

Co-led Lotus AI Series A, led Outtake Series A+Bwebsite

Board seats, Forbes Next-Billion Dollar exits trackwebsite

Focuses seed/Series A, founding team strength prioritywebsite

Outtake board seat Feb 2025, recent exitswebsite

Both Lotus AI & Outtake on Forbes NextBillion listwebsite

Contrarian Signals

Invite-only access, network-gatedexternal

GP admits patience hard right nowlinkedin

Firm may chase heat despite stated thesislinkedin

Founder Do's

Build in physical AI or hard tech

Engage community events

Pitch non-consensus, longer-horizon ideas

Show conviction beyond AI hype cycle

Lead seed/Series A with strong founding team

Founder Don'ts

Pitch pure software plays

Lean on AI-hype momentum as thesis

Fit the consensus mold (young+SF+AI)

22 signals on CRV Fund XX

9 bullish · 3 contrarian · 5 pitch do's · 3 don'ts · 2 GP profiles, each with its source. From €9/month, cancel anytime.

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Facts

Fund Overview

Fund Size$750M

Saves0

Website

People

Key People

Saar Gur, Caitlin Bolnick Rellas, Murat Bicer, Izhar Armony

Caitlin Bolnick RellasPartner

Reid ChristianPartner

N°04 / See also

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