Fund profile / United States

Vermilion Cliffs Ventures Fund II

Geography: United States
Stage: Pre-Seed
Fund size: $25M
Focus: AI/ML, Cybersecurity and Developer Tools
Signals: Published

N°01 / About

About Vermilion Cliffs Ventures Fund II

Solo-GP firm founded by operator-turned-investor Ashley Smith, closed $25M Fund II for technical founders building in AI infrastructure, security, and developer tooling. Nearly doubled from $13M debut, raised in four months with 95% LP re-up. Anchored by LGT Capital Partners, Screendoor, and GEM.

N°02 / Thesis

Investment Focus

Location / RegionUnited States

Funding StagePre-Seed

Industry Focus

AI/ML

Cybersecurity

Developer Tools

Investor Signals Profile

active

Sweet Spot

Technical founder rebuilding dev stack for agent era

AI infrastructure

agent-era dev stack

security

developer tooling

PLG/SLG motion

Bullish Signals

95% Fund I LP re-up rateblog

$25M Fund II closed quicklywebsite

35 companies backed in Fund Iblog

Founder testimonials cite active strategic supportwebsite

Strong network intros across marketing/communitywebsite

Agent-era positioning, category-defining focuswebsite

Portfolio founders highlight hands-on execution supportnew_website

Direct intros to world-class marketers ongoingnew_website

Founder quotes: quick execution, high-trust partnershipnew_website

Strategic guidance on SLG/PLG motions provennew_website

Community + CTO network depth demonstratednew_website

Contrarian Signals

Solo GP, key-person concentration riskexisting

$25M fund size, limited follow-on capacityexisting

Founder Do's

Build technical products for developers/security

Have GTM and PLG questions ready

Target pre-seed or seed stage

Value operator hands-on help + network intros

Accept $500K-$1M check size

Prepare community/marketing scalability questions

Founder Don'ts

Expect large follow-on reserves

Pitch non-technical buyer products

Need passive board-level generalist

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Facts

Fund Overview

Fund Size$25M

Saves0

Website

People

Key People

Ashley Smith

Ashley SmithGeneral Partner

Meghan MurphyTeam Member

Vermilion (Team)Investment Team

Backers

Known LPs

ScreendoorFund-of-Funds

LGT Capital PartnersFund-of-Funds

GEM (Global Emerging Managers)Fund-of-Funds

N°04 / See also

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