Alumni Ventures

Venture Capital

Venture capital firm that provides alumni networks access to venture investing across a diversified portfolio of startups.

Profile

Headquarters
Manchester, US
Investments
9
Companies
7

Capital

Total Deployed
$534M
Lead Rounds
0
Website
www.av.vc

Portfolio

7 companies
Function Health $354M
Private Austin, United States

Function Health is a membership-based preventive health platform that gives consumers access to 100+ lab tests, AI-generated health reports, and optional full-body MRI and CT scans. Co-founded by Dr. Mark Hyman and Jonathan Swerdlin, the Austin-based company aims to shift healthcare from reactive to proactive by empowering people with comprehensive testing and personalized insights at scale.

Rigetti Computing $155M
Public Berkeley, US

Rigetti Computing is a full-stack quantum computing company that designs and fabricates superconducting quantum processors, integrates them into quantum computers, and delivers access through its Quantum Cloud Services platform. The company operates the world's first dedicated quantum chip foundry.

Parsable $128M
Acquired San Francisco, United States

Parsable was a connected worker platform that replaced paper-based procedures with mobile, interactive digital work instructions for industrial and manufacturing environments. The platform enabled frontline workers in sectors like food and beverage, oil and gas, and chemicals to collaborate in real time, improving productivity, quality, and safety across plant floor operations. Originally founded as Wearable Intelligence in 2013, the company was acquired by CAI Software in September 2024.

Nurx $116M
Acquired

Telehealth platform providing accessible and affordable healthcare with prescriptions delivered to patients' doors. Started with birth control and PrEP (HIV prevention), then expanded to STI testing, HPV screening, herpes treatment, migraine care, and dermatology. At its peak, Nurx served over 750,000 active patients. Founded by two Norwegian high school classmates who saw how difficult it was to access basic reproductive healthcare.

Convex $54M
Private San Francisco, United States

Convex is an open-source reactive backend-as-a-service platform that provides a real-time database, serverless functions, and client SDKs for building live-updating web and mobile apps. The platform integrates a TypeScript-based document store and function runtime for queries and mutations. Convex went open source in March 2024.

NODA AI $28M
Private Austin, US

AI-native defense company developing AI-powered orchestration for autonomous systems. Creates the cognitive layer enabling autonomous defense systems to work together across different vendors and platforms. Builds novel algorithmic weapons and tactics orchestration for all-domain, cross-vendor systems serving Department of War and UK Ministry of Defense.

Spintly $14M
Private Goa, IN

IoT-based smart building platform providing wireless, cloud-based access control, attendance tracking, and visitor management. BLE mesh architecture replaces traditional wired systems with smartphone-based contactless entry. Product suite includes Bluetooth/NFC readers, QR scanners, biometric systems, and AI-powered video surveillance. Serves 500+ enterprise clients across India, US, and Middle East with 500,000+ users across 24M sq ft of real estate. Holds 7 patents.

Investment data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.