Builders VC
ActiveFiled to raiseSan Francisco, CABiotech & pharma, Enterprise software, Sales & marketing techLast fund filed 2024
6 on a current fund
last 24 months
across filed funds
| Vehicle | Filed | Target | Sold to date | Investors |
|---|---|---|---|---|
| Builders VC Fund IIIFiled to raise in 2024, with no closing reported yet. | 2024 | Indefinite | $0 | 0 |
| Builders VC Fund II | October 2020 | $250M | $236M | 57 |
| Builders VC Entrepreneurs Fund II | October 2020 | $250M | $236M | 57 |
| Builders VC Fund I (Canada) | October 2018 | $23M | $23M | 2 |
| Builders VC Entrepreneurs Fund I |
Amounts are Item 13 as filed: the target is the whole offering, and the amount sold is cumulative across amendments rather than a final close. The filing carries no per-investor amount, so a firm’s own cheque is not recoverable here.
7 partners are named across this firm’s filings, 6 of them on a fund it is deploying now.
| Partner | Activity | Categories | Board seats | Last 24mo |
|---|---|---|---|---|
| Amit Mehta | Slowing | Biotech & pharma | 4 | 1 |
Categories of Builders VC’s own portfolio companies, based on 17 with a verified or cited source.
| Firm | Shared boards | Companies |
|---|---|---|
| NEA | 2 | Pathos AI, Sprout Social |
| Alpaca VC | 1 | Contently |
| Baird Venture Partners | 1 | Pearachute |
| Breakout Ventures | 1 |
| June 2018 |
| $10M |
| $10M |
| 3 |
| Builders VC Fund I | November 2016 | $200M | $116M | 36 |
| Dolphin Builders | October 2014 | Indefinite | $29M | 43 |
| James Kim | Slowing | Biotech & pharma, Enterprise software, Data & analytics | 17 | 1 |
| Mark Blackwell | Slowing | None listed | 1 | 1 |
| Paul LeeNot on the current fund | Slowing | Sales & marketing tech, E-commerce & marketplaces, Enterprise software | 15 | 1 |
| Alex Kinnier | Quiet | None listed | 0 | 0 |
| Jocelyn Doe | Quiet | None listed | 0 | 0 |
| Mark Goldstein | Quiet | None listed | 1 | 0 |
Activity is filed board seats in the last 24 months: 4+ Active, 2–3 Selective, 1 Slowing, none Quiet. A firm's tier totals its partners, so an active firm may be four partners with one seat each. It undercounts partners who invest without taking a board seat, and filings lag a closing by weeks, so Quiet means the paperwork is quiet, not the person.
Not a filing value: this is Lev’s own classification of each company, one company one vote regardless of how many of Builders VC’s partners are named on its board, shown only when we found a specific, checkable source. Companies with no source read as unclassified and are left out of the shares above.
| Checkerspot |
| Camber Creek | 1 | Bowery Real Estate Systems |
| Contour Venture Partners | 1 | Contently |
| Corazon Capital | 1 | Pearachute |
| Foundation Capital | 1 | Bolt Threads |
| Founder Collective | 1 | Contently |
| Jackson Square Ventures | 1 | Contently |
| Madrona Venture Group | 1 | Context Relevant |
| Navitas Capital | 1 | Bowery Real Estate Systems |
| Roble Ventures | 1 | Udemy |
| Venbio Global Strategic | 1 | Arpeggio Biosciences |
| Westlake Biopartners | 1 | Arpeggio Biosciences |
A shared board seat: a company where filings name a Builders VC partner and a partner at the other firm, both with a clean identity match. Not a claim either firm led or co-led the round, only that both are named on the same board.