Ulu Ventures

Ulu Ventures is a Palo Alto, California-based seed and early-stage venture capital firm that backs technology-driven startups across the United States. Founded in 2008, it focuses on internet-enabled consumer and business services and a broad range of sectors including EdTech, FinTech, healthcare, sustainability, enterprise IT, SaaS, IoT, digital media, mobile, agtech, and marketplaces. The firm emphasizes backing diverse entrepreneurial teams and typically engages in co-investments with other investors to pursue meaningful exits. It is described as the first Latina-led venture fund in Silicon Valley and is among the larger seed-focused vehicles in the region.

Andrea Bogarin

Senior Associate

Kathy Chen

Partner

Kevin Hoffberg

Venture Partner

Clint Korver Ph.D

Co-Founder and Managing Director

Stephen Malinak

Venture Partner

Steve Reale

Venture Partner

Miriam Rivera

Managing Director

Maria Salamanca

Partner

Nancy Torres

Partner

David White

Venture Partner

Past deals in Business Development

BloomPath

Pre Seed Round in 2025
BloomPath is an AI-powered career and productivity coach designed to empower employees and align their growth with business success. Think of it as "the Apple Watch for work performance" due to its seamless integration into daily workflows and ability to turn achievements into actionable insights. Our product captures employee achievements from tools like GitHub, JIRA, Slack, Notion, email, and calendar apps, and translates this data into three core areas: - Planning: Helps employees set and track goals by leveraging past achievements and aligning them with company objectives. - Reflections: Provides insights on past performance, allowing employees to reflect, understand progress, and make informed decisions. - Growth: Aligns personal objectives with business goals, fostering career development while enhancing company success.

Novel Capital

Seed Round in 2024
Novel Capital is a fintech funding platform that provides non-dilutive, revenue-based financing to B2B software companies. It centers on future recurring revenue, enabling entrepreneurs to access capital immediately without giving up equity. The platform pairs capital with data-driven insights and learning resources to help growth-stage businesses accelerate scale. Using key company data points and financial metrics, it delivers capital, resources, and strategic support tailored to recurring-revenue models, helping ventures grow faster while preserving ownership. The company aims to support entrepreneurs and growing businesses with flexible funding solutions aligned to revenue streams and momentum, contributing to a thriving startup ecosystem.

Novel Capital

Venture Round in 2024
Novel Capital is a fintech funding platform that provides non-dilutive, revenue-based financing to B2B software companies. It centers on future recurring revenue, enabling entrepreneurs to access capital immediately without giving up equity. The platform pairs capital with data-driven insights and learning resources to help growth-stage businesses accelerate scale. Using key company data points and financial metrics, it delivers capital, resources, and strategic support tailored to recurring-revenue models, helping ventures grow faster while preserving ownership. The company aims to support entrepreneurs and growing businesses with flexible funding solutions aligned to revenue streams and momentum, contributing to a thriving startup ecosystem.

Leadsales

Seed Round in 2023
LeadSales is a developer of customer relationship management software tailored for small and medium-sized businesses in Latin America. The company focuses on transforming commerce by enabling businesses to manage their interactions with consumers through online conversational platforms, such as WhatsApp. Its software streamlines the handling of sales leads, assigns status to those leads, and facilitates the development of effective strategies to enhance business processes. By centralizing contacts and automating sales lead generation on social platforms, LeadSales empowers businesses to increase sales, improve customer service, and efficiently manage various aspects of their operations, including conversational sales, order fulfillment, and payments.

FounderNest

Seed Round in 2022
FounderNest is an AI-driven platform that connects founders with investors, enabling neutral, efficient, and transparent interactions. Born out of Stanford and backed by prominent Silicon Valley investors, the company operates from California and Madrid, and works with leading founders and investors worldwide. Its scouting technology provides market intelligence by understanding business needs and identifying suitable partnerships, investment, and acquisition targets, helping organizations make informed decisions, optimize strategies, and stay ahead of the competition.

Leadsales

Seed Round in 2022
LeadSales is a developer of customer relationship management software tailored for small and medium-sized businesses in Latin America. The company focuses on transforming commerce by enabling businesses to manage their interactions with consumers through online conversational platforms, such as WhatsApp. Its software streamlines the handling of sales leads, assigns status to those leads, and facilitates the development of effective strategies to enhance business processes. By centralizing contacts and automating sales lead generation on social platforms, LeadSales empowers businesses to increase sales, improve customer service, and efficiently manage various aspects of their operations, including conversational sales, order fulfillment, and payments.

Novel Capital

Seed Round in 2022
Novel Capital is a fintech funding platform that provides non-dilutive, revenue-based financing to B2B software companies. It centers on future recurring revenue, enabling entrepreneurs to access capital immediately without giving up equity. The platform pairs capital with data-driven insights and learning resources to help growth-stage businesses accelerate scale. Using key company data points and financial metrics, it delivers capital, resources, and strategic support tailored to recurring-revenue models, helping ventures grow faster while preserving ownership. The company aims to support entrepreneurs and growing businesses with flexible funding solutions aligned to revenue streams and momentum, contributing to a thriving startup ecosystem.

Finalis

Seed Round in 2022
Finalis provides a platform enabling private securities brokers to operate legally and compliantly. It offers a white-labeled regulatory affiliation solution, supporting various deal types such as M&A, capital raising, and alternative investments. Additionally, Finalis offers the Finalis Hub for deal management and collaboration among brokers.

CoreChain Technologies

Seed Round in 2022
CoreChain Technologies specializes in B2B payments using blockchain technology. Its platform securely automates the exchange of transaction data and funds, reducing reconciliation errors and unlocking tied-up working capital.

CoreChain Technologies

Pre Seed Round in 2021
CoreChain Technologies specializes in B2B payments using blockchain technology. Its platform securely automates the exchange of transaction data and funds, reducing reconciliation errors and unlocking tied-up working capital.

Via.work

Seed Round in 2021
Via Global Ventures, Inc. operates an online marketplace that connects professionals with short-term onsite work opportunities at various companies. Founded in 2017 and based in Key Biscayne, Florida, the platform specializes in strategic roles across multiple fields, including business development, marketing, financial analytics, and process improvement. Via's mission is to effectively allocate talent to innovative organizations, thereby fostering a more connected and equitable world. The company originated from a project at Stanford University in 2016 and has since expanded its presence to Canada, Mexico, the United States, and Europe. By offering services that match high-impact talent with growth-oriented companies, Via aims to enhance career acceleration and provide valuable experiences in diverse industries and geographies.

Via.work

Seed Round in 2021
Via Global Ventures, Inc. operates an online marketplace that connects professionals with short-term onsite work opportunities at various companies. Founded in 2017 and based in Key Biscayne, Florida, the platform specializes in strategic roles across multiple fields, including business development, marketing, financial analytics, and process improvement. Via's mission is to effectively allocate talent to innovative organizations, thereby fostering a more connected and equitable world. The company originated from a project at Stanford University in 2016 and has since expanded its presence to Canada, Mexico, the United States, and Europe. By offering services that match high-impact talent with growth-oriented companies, Via aims to enhance career acceleration and provide valuable experiences in diverse industries and geographies.

Foundry College

Seed Round in 2019
Foundry College Inc. is an educational institution based in San Francisco, California, that specializes in providing online degree programs and courses tailored for working adults. Founded in 2018, the college focuses on delivering practical and relevant education that aligns with the skills and knowledge required by today's job market. Its offerings include two-year programs emphasizing business management and foundational skills, designed to equip students with competencies that are in high demand and resistant to automation. The institution utilizes an active, competency-based learning approach, featuring live instructor-led lectures and small group sessions, which fosters an interactive learning environment. Foundry College aims to prepare students for success in current and future careers, promoting a skilled and adaptive society.

Village88 TechLab

Seed Round in 2019
Village88 TechLab is a high-tech startup accelerator located in Seattle, WA. The organization provides funding and engineering resources to assist entrepreneurs in advancing their startup ideas. It seeks passionate entrepreneurs who possess a strong understanding of their industry and business model. Village88 TechLab collaborates with these entrepreneurs to develop scalable products that meet market demands.

Momentum

Pre Seed Round in 2019
Momentum is a behavioral-driven fundraising platform founded in 2018 and headquartered in Oakland, California. It enables users to make automatic donations that turn everyday activities into opportunities for charitable giving. By allowing individuals to set predefined giving rules, the platform facilitates donations to a selection of trustworthy nonprofit organizations aligned with users' interests, such as adding a percentage to their restaurant bills to support those in need. Momentum focuses on donor stewardship and impact tracking, ensuring that users can easily contribute to meaningful causes while managing their day-to-day tasks. The company emphasizes evidence-based charity recommendations to maximize the effectiveness of donations.

Hub

Venture Round in 2018
Hub is a developer of a digital identity platform that aims to facilitate trustworthy interactions and transactions among users. By leveraging blockchain technology, Hub decentralizes reputation data, securing trust in online environments where people often engage with strangers. The platform incorporates a token system that allows users to vouch for one another's trustworthiness, thereby giving individuals a vested interest in the success of their interactions. This mechanism not only enhances user confidence but also maintains a comprehensive history of interactions on each user's reputation profile. As a result, Hub enables users to unlock greater economic opportunities, command higher premiums for their products and services, and foster cooperative relationships in various online communities and marketplaces.

Blitzz

Seed Round in 2017
Blitzz, Inc. is a technology company that specializes in developing a remote visual sales and problem resolution platform tailored for contact centers and field service teams. Founded in 2017 and based in Los Gatos, California, Blitzz offers an innovative app-free solution that facilitates high-quality video calls for virtual inspections, customer support, and field service operations. The platform is designed to streamline processes in various industries, including telemedicine and remote video inspections, by leveraging patent-pending image and video algorithms. Key features include image recognition, live pointers, live editing capabilities, remote flashlights, and integrations with customer relationship management systems. This comprehensive functionality enables field service teams to conduct effective inspections without the need for on-site visits.

NovoEd

Seed Round in 2013
NovoEd, Inc. is a software company that provides a collaborative online learning platform aimed at enhancing experiential learning and driving business performance. Founded in 2012 in San Francisco, NovoEd's platform enables organizations to design and deliver educational experiences that foster collaboration, mentorship, and purposeful practice among participants. The company offers a range of professional services, including instructional design, course construction, and learning analytics, tailored to meet the diverse needs of clients across various sectors such as healthcare, technology, and education. NovoEd's solutions encompass leadership development, digital transformation, employee onboarding, and diversity and inclusion training, facilitating the development of essential skills for employees, executives, and students. With a focus on connecting learners, mentors, and leaders, NovoEd aims to unlock collective knowledge and achieve measurable outcomes for organizations worldwide.

ORENCO Hydropower

Seed Round in 2010
ORENCO Hydropower is a company specializing in the development of small hydropower generation assets at existing dams and waterways, focusing on low-cost and low-impact solutions. Founded in 2010 and based in Palo Alto, California, the company provides a range of services including hydro project design and engineering, power market analysis, project valuation, licensing and permitting, and risk management. Additionally, ORENCO Hydropower resells and integrates turbines and generators, supporting the hydropower sector with comprehensive engineering, equipment procurement, and financing for ongoing projects. Through its efforts, the company aims to facilitate the growth of sustainable hydropower generation, enhancing energy production while minimizing environmental impact.

Bitewell

Bitewell is a pioneering startup dedicated to enhancing global health through personalized nutrition. It has developed the FoodHealth Score, an innovative metric that assesses food's impact on health, aiming to reach over 20 million Americans by Q1 of next year. This score will be visible in major grocery stores, restaurant chains, and healthcare providers, making informed dietary choices more accessible.
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