Conductive Ventures

Conductive Ventures is a venture capital firm that invests in expansion-stage companies, primarily focusing on enterprise software and hardware sectors. The firm seeks to deploy significant capital into post-product companies that have demonstrated early customer success. Their investment strategy emphasizes capital efficiency and supports companies in scaling operations effectively.

The firm operates with a generalist approach, investing across various categories, including software, hardware, and technology-enabled services. They are particularly interested in companies that are transforming industries from analog to digital and from digital to intelligent. Conductive Ventures typically invests in early efficient growth companies led by non-traditional founders, aiming to support entrepreneurs in diverse geographies.

Conductive Ventures has a track record of successful investments, including notable exits such as Desktop Metal, Proterra, and Sprinklr. The firm has raised multiple funds, with the most recent being Conductive Ventures III Fund, which closed in April 2022 with $200 million in commitments. This brings their total assets under management to $450 million. The team is led by experienced venture capitalists and operators, including founders Carey Lai and Paul Yeh, who have backgrounds in leading investments in companies like Box, Gigya, and Nexmo.