Hive Ventures

Hive Ventures is a venture capital investment firm established in 2014 and based in San Francisco, California. The firm focuses on investing in early-stage technology startups, particularly those led by Armenian entrepreneurs. Hive Ventures aims to foster the global Armenian tech ecosystem by partnering with startups worldwide, from Silicon Valley to Armenia. The firm provides not only financial backing but also operational guidance and access to a network of experienced talent and advisors, facilitating the growth of innovative companies. Additionally, Hive Ventures is committed to promoting entrepreneurship among emerging founders through various events and workshops, thereby supporting the next generation of innovators.

Brad Lu

Venture Partner

Past deals in Armenia

Vineti

Series C in 2020
Vineti, Inc. is a technology company focused on advancing the development and delivery of personalized therapies, particularly in the realm of cell and gene treatments for serious conditions like cancer. Founded in 2016 and headquartered in San Francisco, California, Vineti offers a cloud-based platform known as the Personalized Therapy Management (PTM) platform. This platform integrates various aspects of the therapeutic supply chain, including operations, manufacturing, quality assurance, and regulatory compliance, to streamline and automate processes. It addresses critical challenges faced by patients, healthcare providers, pharmaceutical companies, and regulatory bodies in the commercialization of personalized medicine. By enhancing supply chain orchestration and ensuring compliance with regulatory standards, Vineti aims to expand patient access to innovative therapies. The company also maintains regional offices in Bethesda, Maryland, and Yerevan, Armenia.

ServiceTitan

Series C in 2018
ServiceTitan is a cloud-based software provider for field service businesses, offering tools to streamline operations, enhance customer service, and drive growth. Its platform caters to industries such as HVAC, plumbing, electrician services, and more in the United States and Canada.

Bazillion Beings

Pre Seed Round in 2016
Bazillion Beings, established in 2013 and headquartered in Yerevan, Armenia, specializes in creating independent, user-interactive AI bots called Lifos. These Lifos mimic simple applications, engaging users on various platforms such as web, devices, and social media. They curate online content, provide news digests, facilitate multiplayer games, shop online, and perform other tasks based on user preferences. The company's unique approach involves allowing these bots to self-monetize through subscription fees, ads, and commissions, with successful bots being cloned and improved upon for better performance. Bazillion Beings employs machine learning to adapt its bot population to different micro-communities and demographics, maximizing value for users, creators, and API providers.
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