Array Ventures

Array Ventures is a San Francisco-based venture capital firm founded by Shruti Gandhi, known for its distinctive focus on B2B software, artificial intelligence, and deep technology solutions. The firm targets "forgotten industries" such as manufacturing, logistics, healthcare, and government, seeking out founders who are leveraging revolutionary technology to solve impactful, often overlooked, problems within these sectors. Their investment thesis emphasizes backing companies that can drive significant operational efficiencies and innovation in traditional markets, rather than solely focusing on consumer-facing applications.

The firm primarily invests at the Seed and Series A stages, providing crucial early-stage capital and strategic support to promising startups. Array Ventures typically writes initial checks ranging from $1 million to $5 million, indicating a commitment to substantial early-stage funding that can help companies achieve key milestones. They are known for their hands-on approach, leveraging their team's operational and technical expertise to assist portfolio companies with product development, market strategy, and scaling.

Over the years, Array Ventures has steadily grown its capital base, demonstrating increasing confidence from limited partners. The firm successfully closed its fourth fund, Array Ventures Fund IV, in 2022 with $100 million in commitments. This latest fund brings their total assets under management to approximately $240 million across four funds, underscoring their expanding capacity to support a diverse portfolio of B2B tech innovators. Their strategic focus on underserved industrial sectors positions them as a unique and valuable partner for founders aiming to disrupt traditional markets with cutting-edge technology.