Theory Ventures

About Theory Ventures

Theory Ventures is a venture capital firm based in United States, focusing on Pre-Seed stage investments. The fund actively supports founders building innovative solutions in AI/ML, Web3 Infrastructure, SaaS, providing strategic guidance and capital to help startups scale.

Investment Focus

Location / RegionUnited States

Funding StagePre Seed

Industry Focus

Ai Ml

Saas

Web3 Infrastructure

Investor Signals Profile

active

Sweet Spot

AI-native enterprise software founders replacing legacy systems

AI-native enterprise software

coding agents

ERP modernization

data infrastructure for AI

AI cybersecurity

Bullish Signals

Active portfolio content, recent LP signalingexternal

Betting on AI coding agent waveexternal

In-house AI framework (CHAIN) developedlinkedin

Team publishing original agent researchlinkedin

Omni $120M Series C double-downtwitter

Portfolio spans ERP, BI, security, data infratwitter

Co-hosting AI Council events in SFtwitter

Artemis Security launch backed — AI autonomous defensetwitter

Contrarian Signals

Narrow ERP-adjacent niche focusexternal

Agent quality bar may filter most founderslinkedin

50% ERP failure rate — high-risk market entrytwitter

Founder Do's

Build AI-native enterprise workflows

Target legacy ERP replacement

Show agent-compatible architecture

Prioritize software taste & code quality

Invert ERP risk calculus for enterprise buyers

Founder Don'ts

Pitch vibe-coding consumer tools

Ignore enterprise system integration

Skip technical depth

Key GPs & Partners

Andy Triedman

Partner

enterprise-focusedAI-nativethought leader

Adam Conway

AI Engineer

technicalframework-builderAI quality focus

Tom Tunguz

Partner

data-nativeAI-security thesispublic speaker

BE Bischof

Head of AI

data infrastructureAI workloadsoperator-focused

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Fund Overview

Fund Size$450M

Saves0

Website

Key People

Tomasz Tunguz

Andy TriedmanPartner

Adam ConwayAI Engineer

Tom TunguzPartner

BE BischofHead of AI