
DEFY VC Sage Program
A unique venture capital model leveraging CEO expertise for portfolio growth.

A unique venture capital model leveraging CEO expertise for portfolio growth.
The Defy Sage program represents a distinctive venture capital model where accomplished CEOs and entrepreneurs actively participate as "Sages" while serving at the fund level. Sages maintain their existing CEO roles while simultaneously serving as hands-on operators, mentors, and board members for Defy portfolio companies, bridging the gap between founder needs and institutional capital.
Defy's Sage model differentiates the firm through a network of current CEOs and serial founders who combine fund-level carry with deep operational engagement. Rather than passive board observers, Sages actively mentor portfolio founders, sit on company boards, facilitate introductions, and sometimes serve in interim leadership roles during critical transitions. This approach leverages Sages' real-time operating experience, domain expertise, and networks to accelerate portfolio company growth and raise follow-on capital.
The Defy Sage program aims to leverage the expertise and networks of accomplished CEOs and entrepreneurs to accelerate the growth of portfolio companies. By actively engaging in mentorship and operational roles, Sages help bridge the gap between founders and institutional capital, fostering a vibrant ecosystem of peer learning and executive access.
Designed for Founders, Investors. The program is hybrid. Participation is generally unknown.
Eligibility criteria include being a current CEO or having a serial founder track record, demonstrated operational expertise, and a willingness to engage deeply with portfolio companies.
Portfolio companies have benefited from Sage mentorship and achieved significant follow-on funding rounds, with the Sage network bringing hundreds of millions in follow-on capital to these companies.
Who can apply, how people get in and whether it is open right now.
Programs pick people whose work they can already point to. Put yours where it can be found.
This one invites people; you cannot apply cold. The way in is work the program can already point to, and the people its own pages name.
Sages receive fund-level carry, allowing them to participate economically in the success of the portfolio companies they mentor.
Defy’s historical descriptions identify repeat operators, seed investors, and current CEOs; a 2021 release described each Sage as a current CEO. These are past participant profiles, not a current published eligibility rule.
Current recruitment availability is unresolved. Defy’s team page showed a Sages section when inspected on October 2, 2026, but its general contact page is not identified as a Sage application.
Historical descriptions include sharing operating experience, domain expertise, and networks; mentoring founders, serving on portfolio company boards, and working on investment opportunities are also described Sage activities.
A 2019 TechCrunch report attributed to Defy’s Neil Sequeira a description of fund-level carry and carry in individual companies where a Sage is involved. Current terms and amounts are not established by the available evidence.

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Defy's contact page places the firm in Woodside, California. This is the host's location.
Source: Contact - defy vcDefy provides a general contact page. It does not identify this route as a Sage application.
Source: Contact - defy vcIn The Full Ratchet's May 2021 interview transcript, Sequeira describes Sage board work as extending Defy's reach.
Source: 281. Overlooked Opportunity in EdTech, Letting the Entrepreneur Be the Guide, and Defy’s Sage Program (Neil Sequeira) | The Full RatchetDefy's undated Ben Wolin biography describes an Apploi board role in his capacity as a Sage.
Source: Ben Wolin - defy vcDefy's undated Steve Miller biography says he represents the firm in its Triller investment.
Source: Steve Miller - defy vcDefy's undated Steve Miller biography describes him as serving on HonorLock's board.
Source: Steve Miller - defy vcSuperscout Pro
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