Untapped Ventures
Status
ACTIVE
Global HQ
Los Angeles, United States
Countries of investment
- United States
Investment stages
- Pre-Seed
- Seed
Industries
- Artificial intelligence
- AI infrastructure
- Semiconductors and compute
- Foundation models
- Robotics
- Future of work
- HR tech
- Insurtech
- Healthtech
About
Untapped Ventures is a Los Angeles-based venture capital firm focused on AI-native startups. Their focus spans AI infrastructure, compute, foundation models, robotics, future of work and healthtech across the United States. The firm supports founders from pre-seed through seed stages.
Untapped Ventures is a Los Angeles-based venture capital firm focused on AI-native startups. Their focus spans AI infrastructure, compute, foundation models, robotics, future of work and healthtech across the United States. The firm supports founders from pre-seed through seed stages.
Investment Thesis
Untapped Ventures is a pre-seed and seed stage firm backing technical founders building AI-native companies, with a thesis centered on the Autonomous Economy of systems that perform economic work end to end. The firm differentiates itself through its early exposure to compute and model companies such as Lemurian Labs, Extropic, Liquid AI and xAI, and a community of 100+ LPs and enterprise leaders who support sourcing and diligence.
Manager's Experience
Founded in 2020 in Los Angeles by George Bandarian, Founder, General Partner and CEO. Fund I has backed 35+ AI-native companies, including 20 follow-on investments, supported by a community of 100+ LPs and enterprise leaders. Portfolio includes Extropic, Lemurian Labs, Harper, Liquid AI and xAI. Invests $500K to $2M+ checks focused on agent governance and machine workforce infrastructure.
Team
George Bandarian - Founder
General Partner & CEO
Portfolio
xAI
You.com
Liquid AI
Extropic
Harper
Scott AI
Nexxa AI
Eon Systems
ScienceIO
Daily.ai
OpenStock
Lemurian Labs
SiteVue
Sluicebox
Piris Labs
Wozcode
Foodini
Herd
BlueQubit
Openwater
Radicle Science
AGI Live
Climax Foods