Liquid 2 Ventures

Founded in 2015, Liquid 2 Ventures is a venture capital firm based in San Francisco, California. It specializes in seed-stage investments for technology startups.

Michael Ma

General Partner

Joe Montana

Managing Partner

Nathaniel Montana

General Partner

Elizabeth Montana-Luciano

Director of Operations

Matthew Mulvey

Partner

Past deals in Open Source

Pixeltable

Seed Round in 2024
Pixeltable is a technology company that provides an open-source Python framework for AI and machine learning engineers. Its platform aims to simplify and unify the entire AI/ML workflow by handling data across various modalities, supporting user-defined transformations and custom functions, and automatically versioning data and models for reproducibility and transparency. This enables developers to focus on modeling and experimentation while integrating AI models seamlessly.

Twenty

Seed Round in 2024
Twenty builds the modern salesforce, powered by the open source community.

OneUptime

Pre Seed Round in 2024
OneUptime develops an open-source DevOps platform that integrates tools for status pages, error tracking, application performance monitoring, log ingestion, and AI-powered debugging. This enables software teams to minimize downtime and maintain system reliability across diverse environments.

Random Labs

Pre Seed Round in 2024
Random Labs develops a local open-source software engine, promoting collaboration and accessibility for all in tech.

Corca

Pre Seed Round in 2024
Corca develops a collaborative math editor designed to replace traditional paper methods. It enables users to manipulate equations using drag-and-drop or hotkeys, define custom rules and notations, and export results to LaTeX or Python.

Vocode

Seed Round in 2024
Vocode is a developer of an open-source library that focuses on creating voice-based applications using voice artificial intelligence. The company's platform facilitates the development of voice interfaces by providing essential features such as real-time speech recognition, natural language understanding, and speech synthesis. By emphasizing composability, Vocode equips developers with out-of-the-box tools tailored for common workflows, allowing them to seamlessly create realistic and production-ready conversational voice interfaces. This innovative approach positions Vocode as a key player in the evolution of voice technology, enabling a new generation of applications that leverage voice interactions.

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 an open-source library that focuses on creating voice-based applications using voice artificial intelligence. The company's platform facilitates the development of voice interfaces by providing essential features such as real-time speech recognition, natural language understanding, and speech synthesis. By emphasizing composability, Vocode equips developers with out-of-the-box tools tailored for common workflows, allowing them to seamlessly create realistic and production-ready conversational voice interfaces. This innovative approach positions Vocode as a key player in the evolution of voice technology, enabling a new generation of applications that leverage voice interactions.

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 an online platform that engages users in programming through multiplayer gaming. It offers a unique environment for individuals to learn new technologies, enhance their coding skills, and participate in programming competitions. By fostering collaboration and celebrating diverse skill levels, Battlesnake not only provides a fun and interactive way to practice programming but also supports the development of communities centered around open-source software. The platform is designed to make programming accessible and enjoyable for friends and colleagues alike.

Mage

Seed Round in 2021
Mage is a developer of an open-source coding tool that empowers businesses to leverage artificial intelligence for predictive analytics. The platform enables users to create and deploy machine-learning models efficiently, allowing for applications in areas such as churn prevention, product recommendations, and customer lifetime value assessment. By facilitating the import and transformation of data from various sources, Mage's technology simplifies the process of building, training, and integrating data into applications. The company's mission is to make AI technology accessible, enabling businesses to enhance customer experiences through innovative solutions.

Battlesnake

Pre Seed Round in 2021
Battlesnake is an online platform that engages users in programming through multiplayer gaming. It offers a unique environment for individuals to learn new technologies, enhance their coding skills, and participate in programming competitions. By fostering collaboration and celebrating diverse skill levels, Battlesnake not only provides a fun and interactive way to practice programming but also supports the development of communities centered around open-source software. The platform is designed to make programming accessible and enjoyable for friends and colleagues alike.

Grouparoo

Seed Round in 2020
Grouparoo is a technology company specializing in open-source customer data management solutions. It develops a framework designed to efficiently synchronize data from data warehouses to various third-party tools, ensuring reliability, accessibility, and actionability of data. The platform enables users to create custom applications for simplified data syncing processes and offers pre-built connectors for enhanced control over data infrastructure.

Grouparoo

Pre Seed Round in 2020
Grouparoo is a technology company specializing in open-source customer data management solutions. It develops a framework designed to efficiently synchronize data from data warehouses to various third-party tools, ensuring reliability, accessibility, and actionability of data. The platform enables users to create custom applications for simplified data syncing processes and offers pre-built connectors for enhanced control over data infrastructure.

PostHog

Pre Seed Round in 2020
PostHog is an open‑source product analytics platform that enables developers to understand how users interact with their applications. The platform automatically captures events, provides visual analytics, filtering, group analysis, session recordings, funnels, feature flags, and experimentation tools. It integrates with monitoring services and supports testing and deployment of new features. Founded in 2020, the company is headquartered in San Francisco.

Microverse

Seed Round in 2020
Microverse is an online school dedicated to training remote software developers through a collaborative learning platform. Its mission is to educate and connect one million individuals with remote job opportunities by 2030. The school offers full-stack web development programs that utilize income share agreements, allowing students to pay for their education based on future earnings. Students engage in small, distributed teams, participating in remote pair programming and working on open source and freelance projects. This approach fosters accountability and collective learning while equipping students with the necessary coding skills and career guidance. By enabling individuals to become professional remote developers, Microverse facilitates global employment opportunities for both students and companies seeking to hire talent without geographic limitations.

Airbyte

Seed Round in 2020
Airbyte is an open-source data integration platform that automates the movement of data from applications, APIs, and databases into data warehouses. It offers a library of pre-built connectors and allows custom connector development, enabling organizations to build end-to-end data pipelines quickly. The platform supports integration with over a thousand data sources and processes large volumes of data daily, helping businesses consolidate data for analytics and reporting. It is designed to be developer-friendly and scalable, facilitating real-time data synchronization and ensuring data consistency across systems.

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.

Gel Data

Seed Round in 2019
EdgeDB is a company that specializes in reinventing the relational database stack through its open-source object-relational database platform. Founded in 2019 and headquartered in San Francisco, it addresses significant design challenges in existing databases by offering a streamlined data model and a powerful query language. This platform effectively resolves the impedance mismatch by returning structured result objects, allowing developers to construct queries, subqueries, and nested inserts that are fully composable. EdgeDB's technology aims to enhance productivity and efficiency for developers and data engineers, enabling them to build safe and effective software with reduced complexity.

Microverse

Pre Seed Round in 2019
Microverse is an online school dedicated to training remote software developers through a collaborative learning platform. Its mission is to educate and connect one million individuals with remote job opportunities by 2030. The school offers full-stack web development programs that utilize income share agreements, allowing students to pay for their education based on future earnings. Students engage in small, distributed teams, participating in remote pair programming and working on open source and freelance projects. This approach fosters accountability and collective learning while equipping students with the necessary coding skills and career guidance. By enabling individuals to become professional remote developers, Microverse facilitates global employment opportunities for both students and companies seeking to hire talent without geographic limitations.

Termius

Seed Round in 2019
Termius is a cross-platform Secure Shell (SSH) client designed to help users organize, access, and connect to servers while effectively managing IT infrastructure. The platform allows users to group hosts for better organization and shared settings, ensuring each host can maintain its own preferences. Termius securely syncs connection and command history across all devices, providing seamless access for users. The company prioritizes data protection through end-to-end encryption, ensuring that all information remains secure. Additionally, the platform offers features such as mobile sessions running in the background, snippets, and autocomplete, which enhance user experience and efficiency.

Opstrace

Pre Seed Round in 2019
Opstrace, Inc. is a company based in San Francisco, California, that specializes in developing and operating a managed observability platform. Founded in 2019, Opstrace's platform is designed to ingest and process user logs, metrics, and traces, transforming them into actionable insights through user-friendly dashboards, alerts, and queries. The software leverages cloud-native and open-source technologies, ensuring that it can seamlessly integrate with existing infrastructure. With a focus on security, Opstrace provides multi-tenant APIs with authenticated endpoints, allowing data to remain within the user’s network. Additionally, the platform is designed to be cost-effective, offering a scalable solution that can be significantly cheaper than traditional metered services.

Orchid Labs

Venture Round in 2018
Orchid Labs is an open-source initiative focused on combating internet surveillance and censorship. Founded in 2017 by a team including Dr. Steven Waterhouse and Jay Freeman, the company develops a decentralized nanopayment platform that enhances internet accessibility. Its innovative approach employs an overlay network built on the existing internet, utilizing a peer-to-peer tokenized bandwidth exchange. This technology empowers users to protect their personal data while facilitating secure communication, collaboration, and information access. Overall, Orchid Labs aims to create a more inclusive and liberated online environment for all users.

Armory

Seed Round in 2017
Armory operates an open-source deployment platform, commercializing the Spinnaker tool originally developed by Netflix and Google. Its products include Hosted Spinnaker for cloud-based management, Armory Deploy for on-premises installation, and Armory Elevate for preventing bad deployments. Founded in 2016, Armory 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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