Liquid 2 Ventures

Liquid 2 Ventures is a venture capital firm based in San Francisco, California, that specializes in seed-stage investments in technology startups. Founded in 2015 by Joe Montana, Mike Miller, and Michael Ma, the firm focuses on identifying and supporting early-stage companies with high growth potential in the tech sector. By providing both financial backing and strategic guidance, Liquid 2 Ventures aims to foster innovation and help emerging businesses navigate their initial stages of development.

Mike Miller

General Partner and Founder

Joe Montana

Founder and Managing Partner

Nathaniel Montana

Partner

Past deals in Open Source

Confident AI

Seed Round in 2025
Open-source Evaluation Infrastructure for LLMs

Pixeltable

Seed Round in 2024
Pixeltable is an Open Source Python framework that enables AI Engineers to focus on modeling and experimentation.

OneUptime

Pre Seed Round in 2024
OneUptime is a software development company that provides an open-source DevOps platform aimed at helping businesses manage downtime and improve operational reliability. The platform offers a range of features, including website and application monitoring, status page creation, incident management, and alert notifications during outages. By enabling users to visualize real-time status and access detailed metrics, OneUptime assists developers in identifying the causes of incidents and reducing operational toil. Additionally, the platform supports post-incident analysis, allowing teams to document and learn from past events to enhance future performance.

Vocode

Seed Round in 2024
Vocode is a developer of voice AI interfaces that specializes in creating voice-based applications through composability. The company's open-source library facilitates the development of realistic, production-ready conversational voice interfaces by providing essential tools for speech recognition, natural language understanding, and speech synthesis in real time. This platform streamlines common workflows, enabling developers to efficiently build and deploy advanced voice applications tailored to diverse needs. Vocode aims to empower developers in harnessing the potential of voice technology for various applications.

SignApi

Pre Seed Round in 2023
A developer-first e-signature platform.

Twenty

Pre Seed Round in 2023
Twenty builds the modern salesforce, powered by the open source community.

Twenty (YC S23)

Pre Seed Round in 2023
Building a better Salesforce, powered by the Open Source community.

Vocode

Pre Seed Round in 2023
Vocode is a developer of voice AI interfaces that specializes in creating voice-based applications through composability. The company's open-source library facilitates the development of realistic, production-ready conversational voice interfaces by providing essential tools for speech recognition, natural language understanding, and speech synthesis in real time. This platform streamlines common workflows, enabling developers to efficiently build and deploy advanced voice applications tailored to diverse needs. Vocode aims to empower developers in harnessing the potential of voice technology for various applications.

Flux

Seed Round in 2021
Flux develops a collaborative, in-browser platform for electronic design and development. Flux provides a programmable simulator, version control, instant part sourcing, and project unblocking through its open-source Community Library. Flux enables seamless product development and assists electronics teams in getting to market faster. Flux can be accessed through any modern web browser and does not require any software downloads or licenses. It facilitates teamwork by removing the roadblocks and challenges that engineers have experienced in the past.

Battlesnake

Seed Round in 2021
Battlesnake is a platform that allows people who wanted to know and try programming in a fun way. Battlesnake is used to learn new technologies, improve their skills, and have fun with friends and colleagues.

Mage

Seed Round in 2021
Mage develops an open-source data pipeline tool for transforming and integrating data. It integrates and synchronizes data from 3rd party sources. It enables users to build real-time and batch pipelines to transform data using Python, SQL, and R. Users can run, monitor, and orchestrate thousands of pipelines without losing sleep.

Battlesnake

Pre Seed Round in 2021
Battlesnake is a platform that allows people who wanted to know and try programming in a fun way. Battlesnake is used to learn new technologies, improve their skills, and have fun with friends and colleagues.

Grouparoo

Seed Round in 2020
Grouparoo is an open-source customer data framework that facilitates the synchronization of data from data warehouses to various third-party tools. The platform is designed to enhance the reliability, accessibility, and actionability of data, enabling users to create open-core applications that simplify and automate the data syncing process. Additionally, Grouparoo offers pre-built connectors, which provide users with greater control over their data and infrastructure, streamlining the integration of data across different systems.

Grouparoo

Pre Seed Round in 2020
Grouparoo is an open-source customer data framework that facilitates the synchronization of data from data warehouses to various third-party tools. The platform is designed to enhance the reliability, accessibility, and actionability of data, enabling users to create open-core applications that simplify and automate the data syncing process. Additionally, Grouparoo offers pre-built connectors, which provide users with greater control over their data and infrastructure, streamlining the integration of data across different systems.

PostHog

Pre Seed Round in 2020
PostHog is an open-source product analytics platform designed for developers, founded in 2020 and based in San Francisco, California. The platform provides a comprehensive suite of tools that includes product analytics, session recording, funnels, feature flags, and experimentation, all integrated into a single solution. By automating event tracking and user data collection, PostHog enables engineers to understand product usage and user behavior more effectively. This functionality allows development teams to create applications that are better tailored to their users' needs.

Microverse

Seed Round in 2020
Microverse is an online educational platform focused on training remote software developers. The organization aims to connect one million individuals with remote job opportunities by 2030. Its educational model emphasizes collaborative learning, where students from diverse backgrounds work in small, distributed teams and engage in pair programming. Through this approach, they hold each other accountable while developing their coding skills on open source and freelance projects. Microverse's programs are structured around income share agreements, allowing students to learn full-stack web development and receive career guidance. This model not only equips students with the necessary technical skills but also enables companies to recruit talented software developers without geographic limitations.

Airbyte

Seed Round in 2020
Airbyte is an open-source data integration platform that facilitates the synchronization of data from various applications, APIs, and databases to data warehouses. The platform automates the creation of data pipelines using both pre-built and custom connectors, allowing businesses to efficiently gather analytics from all users, including those employing ad-blocking tools. With a focus on simplifying data integration, Airbyte empowers organizations to streamline their data processes and enhance their analytical capabilities.

Flux

Seed Round in 2019
Flux develops a collaborative, in-browser platform for electronic design and development. Flux provides a programmable simulator, version control, instant part sourcing, and project unblocking through its open-source Community Library. Flux enables seamless product development and assists electronics teams in getting to market faster. Flux can be accessed through any modern web browser and does not require any software downloads or licenses. It facilitates teamwork by removing the roadblocks and challenges that engineers have experienced in the past.

EdgeDB

Seed Round in 2019
EdgeDB is an innovative company focused on transforming the relational database landscape. Founded in 2019 and based in San Francisco, it offers an open-source object-relational database platform designed to address common challenges faced by developers and data engineers. By introducing a streamlined data model and a powerful query language, EdgeDB aims to enhance productivity and ease of use, making data management more efficient. The platform enables developers to construct complex queries, subqueries, and nested inserts with a composable syntax that simplifies the representation of selection sets and property assignments. This approach helps mitigate the impedance mismatch often encountered in traditional databases, allowing for the development of safer and more efficient software.

Termius

Seed Round in 2019
Termius is a cross-platform Secure Shell (SSH) client designed to help users manage and connect to servers while organizing their IT infrastructure. The platform allows users to group hosts, enabling the sharing of settings while maintaining the ability to customize preferences for individual hosts. Termius ensures the safety and security of data through end-to-end encryption, allowing users to securely sync their connection and command history across multiple devices. Additionally, the application supports mobile sessions running in the background and offers features like snippets and autocomplete, enhancing the user experience while maintaining a focus on data security.

Opstrace

Pre Seed Round in 2019
Opstrace, Inc. is a company that develops and operates a managed observability platform designed to enhance the efficiency of cloud-native and open-source software. Founded in 2019 and based in San Francisco, the platform allows users to ingest logs, metrics, and traces, transforming this data into actionable insights through user-friendly dashboards, alerts, and queries. The solution is characterized by its secure, multi-tenant APIs and authenticated endpoints, ensuring that data remains within the user's network. Opstrace positions itself as a cost-effective alternative to popular metered services, offering a scalable and well-tested system that seamlessly integrates with existing infrastructures.

Orchid Labs

Venture Round in 2018
Orchid Labs is an open-source project committed to ending surveillance and censorship on the internet. Orchid uses an overlay network built upon the existing internet, which is driven by a peer-to-peer tokenized bandwidth exchange, creating a more inclusive, liberated internet. Orchid Labs was founded in 2017 by Dr. Steven Waterhouse, Jay Freeman, Brian J. Fox, Gustav Simonsson, and Stephen Bell.

Armory

Seed Round in 2017
Armory is an enterprise software company that commercializes the open-source continuous delivery platform, Spinnaker. The company has a platform called, Spinnaker, a cloud-native software delivery created and open-sourced by Netflix and Google, and battle-tested in production by the brands. It is partnered with availability, powerful feature extensions, and 24/7 expert support and services. Installing Armory in a Kubernetes cluster enables anyone to deploy workloads to multiple cloud targets across AWS, GCP, Azure, PCF, DC or OS, Kubernetes, ECS, Oracle's BMC, OpenStack, and more. Armory was founded in 2016 and is headquartered in San Mateo, California.

GitLab

Seed Round in 2015
GitLab Inc. is a software development company that provides a comprehensive DevSecOps platform designed to enhance the software development lifecycle. Founded in 2011 and headquartered in San Francisco, California, GitLab offers its services through a single application, which includes tools for version control, continuous integration and deployment, code reviews, issue tracking, and collaboration. This unified platform allows organizations to efficiently plan, build, secure, and deploy software while ensuring visibility and control throughout the process. GitLab serves a diverse clientele, ranging from startups to large enterprises, with an estimated 30 million registered users globally. The company operates on an all-remote model, employing over 1,350 team members across more than 65 countries. GitLab is built on open-source principles and benefits from a vibrant community of developers, continuously driving innovations in the DevOps space.

GitLab

Pre Seed Round in 2015
GitLab Inc. is a software development company that provides a comprehensive DevSecOps platform designed to enhance the software development lifecycle. Founded in 2011 and headquartered in San Francisco, California, GitLab offers its services through a single application, which includes tools for version control, continuous integration and deployment, code reviews, issue tracking, and collaboration. This unified platform allows organizations to efficiently plan, build, secure, and deploy software while ensuring visibility and control throughout the process. GitLab serves a diverse clientele, ranging from startups to large enterprises, with an estimated 30 million registered users globally. The company operates on an all-remote model, employing over 1,350 team members across more than 65 countries. GitLab is built on open-source principles and benefits from a vibrant community of developers, continuously driving innovations in the DevOps space.
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