AlleyCorp is a New York-based early-stage venture firm founded by Kevin Ryan, widely regarded as the "Godfather of NYC tech", who previously served as CEO of DoubleClick (acquired by Google for $3.1B) and co-founded MongoDB, Gilt, Business Insider, and Zola. Originally operating as a family office for three decades, AlleyCorp raised its first institutional fund of $250M in 2023 and has now closed Fund II at $335M, making it one of New York's most significant venture institutions. The firm has eight unicorns in its current portfolio across healthcare, deep tech, and enterprise software.
AlleyCorp backs early-stage founders across three core verticals: healthcare and digital health (value-based care, AI diagnostics, behavioral health, oncology, longevity, and clinical infrastructure); deep tech (robotics, nuclear energy, space, advanced manufacturing, and AI compute); and enterprise software and consumer technology (AI applications, creator economy, fintech, and vertical SaaS).
The firm writes first checks and takes an active, hands-on role from founding through scale.
AlleyCorp Fund II closed at $335M in July 2026, building on the $250M Fund I raised in 2023.
The fund backs companies from pre-seed through Series A.
LP composition is not publicly disclosed.
Leadership
Kevin Ryan is Founder and CEO, an INSEAD graduate who built DoubleClick into the leading online advertising platform, co-founded MongoDB (Nasdaq: MDB), Gilt, Business Insider, and Zola, and has been the central architect of New York's technology ecosystem for three decades.
Alexi Nazem is Partner and co-founder of Digital Health New York, leading healthcare investments; he holds an MD from Yale School of Medicine.
Abe Murray is Partner leading deep tech, including robotics, aerospace, advanced manufacturing, energy, and compute; he co-hosts The Long Frontier deep tech podcast and previously worked at Alphabet on Falcon 9 and Raptor.
Brannon Jones is Partner focused on deep tech, quantum computing, and photonics.
Marshall Porter is Partner focused on vertical AI applications.
Omar Njie is Partner focused on healthcare commercialization and early-stage startup formation.
Josh Kipnis is Partner.
Investment Strategy
AlleyCorp writes first checks at pre-seed and seed stage, leading rounds with a hands-on approach to company building.
The firm runs three major annual events as community and sourcing platforms: Digital Health New York (DHNY), Deep Tech New York (DTNY), and DOC (longevity-focused conference in Sonoma).
AlleyCorp recently opened a permanent headquarters at 368 Broome Street in Manhattan, with a rooftop event space for founder and investor gatherings.
Notable Investments
Notable Exits
Kevin Ryan — Founder & CEO
kevin@alleycorp.com
Alexi Nazem — Partner
alexi@alleycorp.com
Abe Murray — Partner
Brannon Jones — Partner
Florencia Vega — Partner and CTO
floh@alleycorp.com
United States
