Alumni Ventures is a venture capital firm founded in 2014 that democratizes access to venture investing for accredited investors. The firm manages more than USD 1.4 billion in committed capital from over 11,000 investors and has a portfolio spanning over 1,600 companies.
The AI First Fund invests in AI-native startups built from inception around language models, autonomous agents, and proprietary data.
The fund focuses on four themes:
Announced in August 2025, the AI First Fund targets companies reshaping industries with AI-native products and business models. The strategy leverages proprietary deal flow, full-stack startup support, and partnerships with leading co-investors. An extensive alumni network of PhDs, founders, and accelerator graduates provides early access to AI talent.
Leadership
The fund is led by Alumni Ventures founder and CEO Mike Collins and Managing Partner Ray Wu.
Investment Strategy
The fund aims to identify AI-native companies with transformative potential across work, science, industry, and infrastructure. Alumni Ventures combines capital with go-to-market guidance, community access, and strategic partnerships.
Notable Investments
Alumni Ventures' AI track record includes:
Notable Exits
The AI First Fund is newly launched and has no exits to date. The broader Alumni Ventures portfolio includes multiple liquidity events across sectors.