The Founder's Guide to

Cerulean Ventures

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Overview

Cerulean Ventures is a pre-seed venture capital firm founded in 2022 and based in Santa Barbara, California. With a focus on leveraging artificial intelligence (AI) to tackle climate change, the firm aims to identify systemic leverage points across various sectors to drive transformative economic changes. Cerulean Ventures closed its first fund, totaling $10 million, during Climate Week NYC in September 2024. The firm is dedicated to supporting innovative founders who are developing digital technologies that can create significant climate impact and promote sustainability.

The leadership team consists of General Partners Matthew Stotts and Jahed Momand, both of whom bring extensive experience in technology and finance. Stotts has a background in tech marketing consultancy and fintech, while Momand has co-founded a DevOps SaaS company and has expertise in enterprise software product leadership. Together, they work closely with portfolio companies to provide operational support, go-to-market strategy guidance, and financial planning assistance.

Cerulean Ventures has established a strong reputation in the climate tech space, connecting with a network of strategic investors, including the Regen Foundation and multiple global family offices. The firm is committed to fostering a collaborative environment that encourages innovation and sustainability, making it a distinctive player in the venture capital landscape.

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Frequently Asked Questions

What stages does Cerulean Ventures invest in?

Cerulean Ventures focuses on pre-seed and seed stage investments. The firm is dedicated to supporting early-stage companies that leverage AI and digital technologies to address climate change.

How do I pitch Cerulean Ventures?

Founders can pitch Cerulean Ventures through their dedicated pitch page at cerulean.vc/founders. The firm encourages pitches that clearly outline how the proposed solutions leverage AI for climate impact.

What sectors does Cerulean Ventures focus on?

Cerulean Ventures invests in sectors that include climate technology, AI, fintech, biotech, energy, and healthcare. The firm specifically targets areas resistant to digital transformation, such as mining and pharma supply chains.

What is Cerulean Ventures' typical check size?

While specific check sizes are not disclosed, Cerulean Ventures operates with a $10 million fund, indicating a focus on early-stage investments that align with their mission.

Where does Cerulean Ventures invest geographically?

The firm has a geographic focus that includes the United States, Africa, and the European Union, allowing them to support diverse and innovative climate solutions across different markets.

What portfolio support does Cerulean Ventures provide?

Cerulean Ventures adds value to its portfolio companies by offering operational support, go-to-market strategy guidance, and financial planning assistance. The experienced team works directly with founders to help them navigate challenges in the climate tech space.

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