Theory Ventures
Portola Valley, Californiatheoryvc.com
Overview
Theory Ventures is a venture capital firm investing $1-25 million in early-stage software startups across theses in data, AI, and web3, with a focus on companies that leverage technology discontinuities into go-to-market advantages.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Open WebUI | Jul 2026 | Series B | Lead |
| Ollama | Jul 2026 | Series B | Lead |
| Delphi | Jun 2026 | Series B | Lead |
| Sail Research | Jun 2026 | Seed | Co-investor |
| Allium | Jun 2026 | Series B | Co-investor |
Key People
Tomasz Tunguz
Founder and General Partner
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.