Liquid 2 Ventures is a San Francisco–based venture capital fund founded in 2015 that champions exceptional founders building lasting companies. The firm provides capital, hands-on advice from experienced operators, and access to a network of founders and industry insiders. To date, Liquid 2 Ventures has invested in over 300 companies, including more than 30 that reached unicorn status, with a combined enterprise value exceeding $100 billion.
Investment activity is split between an early-stage fund—targeting pre-seed and seed rounds with median checks of $250,000 to $500,000—and a growth-stage fund for Series B and later rounds, writing $2 million to $5 million checks. As a generalist investor, the firm backs startups across technology sectors such as enterprise software, SaaS, healthtech, fintech, EdTech, blockchain, machine learning and e-commerce. Liquid 2 Ventures often co-invests with leading firms like Y Combinator, GV and Bain Capital Ventures. Notable portfolio companies include Mercury, Rupa Health, Chipper Cash, Human Interest, Stoke, Tollbit and Kepler.
While clean technology appears among the firm’s stated interests, Liquid 2 Ventures remains open to opportunities across its broad investment criteria but does not promote clean tech or battery ventures as a core specialization.