Details

Industries

Financial Services,FinTech,Information Technology,Venture Capital

Founded date

Jan 1, 2008

Number Of Employee

1 - 10

Operating Status

Active

Investor Type

MVC,Venture Capital

Ulu Ventures provides early-stage investments in enterprise SaaS and smart data companies.

A seed-stage venture firm focused primarily on enterprise IT, Ulu focuses on the market opportunity created by the Stanford and Silicon Valley communities. Ulu generates financial results using a disciplined, repeatable decision-making process that analyzes risk-reward trade-offs. Ulu follows logical principles of portfolio construction given its pure-play seed strategy. This approach makes the firm conventional in the world of institutional investors but contrarian as compared to many VCs. Ulu's goal is to be a top quartile fund consistently, on a fund-over-fund basis.

In 2008, Miriam Rivera and Clint Korver established the firm in Palo Alto, California. The GPs have both been startup founders, and have tech industry experience in companies from the formation stage to joining Google as employee 160 and negotiating and closing deals that helped it grow from $85m to $10B in revenue. Both have served as trustees of higher education and foundation endowments valued from $1B to $16B.