
The firm specializes in early-stage investments, focusing on technical founders developing technical products, particularly in areas like developer tools, data, infrastructure, and security. Ashley Smith, the founder and General Partner, emphasizes backing unconventional, technical founders who are adept at customer engagement.
Vermilion Cliffs Ventures launched its debut fund with $13 million in February 2025. This fund is backed by notable limited partners (LPs) such as Screendoor and Sapphire Ventures.
Leadership
Ashley Smith, Founder and General Partner:
Investment Strategy
Vermilion Cliffs Ventures is known for its hands-on approach, assisting portfolio companies with go-to-market strategies, fundraising, hiring, and scaling. The firm looks for unique founders who can bring a distinct perspective to the table.
Notable Investments
Vermilion Cliffs Ventures’ portfolio includes early-stage companies such as:
United States