Mu Ventures is a venture capital firm founded by Gary Benerofe in 2022, after 20 years spent building and exiting companies as an entrepreneur. The firm has backed 46 companies to date and runs community programming for its founder network, including Rec Room for deal sharing and Tap Night for connecting with top-tier founders.
Mu Ventures invests in pre-seed and seed-stage companies, with a thesis centered on vertical AI alongside marketplaces, CPG, and commerce infrastructure.
The firm has a geographic preference for New York but invests nationally.
Mu Ventures closed Fund II at $15.5M for pre-seed and seed-stage investing, anchored by AngelList Asset Management's quantitative fund of funds, which selected Mu Ventures after its performance ranked in the top 3% of funds on AngelList's platform.
The fund is also backed by Dynamism Capital and 63 other limited partners.
Anchor LPs include Jeff Weiser (Managing Partner, L Catterton), Tod Sacerdoti (GP, Flex Capital), Babak Hamadani (GP, Primeset), and Ken Pasternak (CEO, KABR Group).
Leadership
Investment Strategy
Mu Ventures writes initial checks of $200K to $600K into pre-seed companies raising under $10M post-money and seed companies raising under $20M post-money, reserving around 25% of the fund for follow-on investments.
The firm draws on an informal network of operating advisors from companies including L Catterton, Figs, Constructor.io, BigCommerce, and Grove Collaborative.
Notable Investments
United States
