What Stalwart Ventures does

Stalwart Ventures is a Utah-based, seed-stage venture capital firm founded in 2023 that deploys early-stage capital into startups alongside hands-on operational support. The firm is led by an operator-investor team drawing on 100+ years of combined experience at Apple, Amazon, Red Hat, Goldman Sachs, and JP Morgan — David Mann (Executive Managing Director, ex-Amazon), Rachelle Morris (Managing Director, ex-Goldman Sachs/JP Morgan), Jeff Martin (Partner, former Apple direct report to Steve Jobs), and James Prasad (CFO, ex-Red Hat). Rather than positioning as a passive check-writer, the firm describes itself as an active investor providing coaching, introductions, and playbooks to help founders move from 0-1 to enterprise scale, with a stated thesis around AI-native applications and deep technology.

The firm's product is fundamentally a managed-investment vehicle: it raises capital from LPs (notably including a 30% female LP base at fund launch, supported by lower minimums and educational programming) and deploys that capital into seed and selective Series A rounds. Disclosed lead investments include Hypercraft ($26M Series A, June 2025), Novaworks ($8M seed, March 2026, built on ServiceNow), Nomyx ($1.75M seed, Dec 2024), ReferPro ($2.7M seed, Sept 2024), with additional portfolio exposure to Particl (retail AI), Kinectify (gaming AML risk), and Halosight (technology services). Co-investors include ServiceNow Ventures, Strategic Development Fund (an EDGE Group entity), Bell Ventures, and Pelion Ventures.

The business model is the standard venture capital construct: management fees on committed capital as the near-term revenue base, with carried interest contingent on portfolio exits — none of which have been disclosed to date. The firm is private, headquartered in Provo, UT, with team presence in Seattle, Salt Lake City, and Silicon Valley, and operates with 1-10 employees, consistent with an emerging-manager profile rather than an established multi-fund institution.

Name

Stalwart Ventures

Legal name

Stalwart Ventures

Website

https://stalwartventures.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

Stalwart Ventures is a Utah-based, seed-stage venture capital firm founded in 2023 that deploys early-stage capital into startups with active operational support, led by a team from Apple, Amazon, Red Hat, Goldman Sachs, and JP Morgan.

Ownership category

akta.pro rank

Product category

Venture Capital and Private Equity

NAICS

All Other Financial Investment Activities (52399)

SIC

Investment Advice (6282)

akta.pro primary industry

Early-Stage Venture Capital (Pre-Seed/Seed) (FSANAAAA)

Keywords

• Seed-stage venture capital
• Startup funding services
• Venture investment management
• AI-native startup investing
• Early-stage growth capital

Headquarters

HQ city

Provo

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Investment Returns: As a seed-stage venture capital fund, Stalwart Ventures generates returns through equity ownership in portfolio companies. Returns are realized through portfolio company exits via acquisition or IPO.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Stalwart Ventures is a seed-stage venture capital fund that invests capital in early-stage startups and provides active operational support, including strategic guidance on team building, capital allocation, and scaling from inception to enterprise. The firm deploys lead investments in rounds such as a $26 million Series A for Hypercraft and an $8 million seed for Novaworks, while leveraging combined operating experience at companies like Apple, Amazon, Red Hat, Goldman Sachs, and JP Morgan.

Product overview

Stalwart Ventures is a seed-stage venture fund focused on scaling founders faster by combining capital investment with deep operational expertise. The firm supports startups from 0-1 through enterprise scaling, leveraging over 100 years of combined experience at companies including Apple, Amazon, Red Hat, Goldman Sachs, and JP Morgan. The investment services include capital deployment, strategic guidance on team building, capital allocation, and preventing premature scaling, with active participation in portfolio companies' growth journeys rather than passive investment.

Differentiator

Problem solved

Functional benefit

Products and services

• Seed-Stage Venture Capital Investment Services

Quantifiable outcome

• 30% female investors at fund launch
• +1 more outcomes

Named customers5 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Pelion VenturesminorStrategic or Co-development PartnerUtah-based VC firm also working to increase female investor participation in venture capital through lower minimum investments and educational discussions.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Pelion Ventures: Utah-based early-stage VC firm explicitly cited as a strategic mutual partner with Stalwart Ventures, both focused on increasing female investor participation through lower minimums. Directly comparable in geography, stage, and LP-targeting strategy.
• RevRoad Capital: Utah-based early-stage firm whose LinkedIn is linked to Stalwart Ventures, leading seed rounds in Nomyx and ReferPro. Either a sister entity, prior brand, or closely affiliated vehicle — most directly comparable operating peer.
• Kickstart Seed Fund: Utah-based seed-stage VC focused on early-stage Utah and Mountain West startups with active co-investor model. Comparable stage, regional focus, and hands-on portfolio support approach.
• Signal Peak Ventures: Utah-headquartered early-stage VC investing across enterprise software, deep tech, and AI. Directly comparable by stage and geographic positioning, with broader institutional LP base.
• Epic Ventures: Salt Lake City-based early-stage VC focused on AI, deep tech, and enterprise software. Comparable geography and stage, with longer operating history providing a contrast in track record maturity.
• Range Ventures: Utah-based early-stage VC firm investing in enterprise software, fintech, and AI-native applications. Comparable stage focus and geographic specialization in the Mountain West innovation ecosystem.
• Mercato Partners: Utah-based growth-stage investment firm with seed/early vehicles. Comparable regional positioning and stage orientation, though typically larger AUM and slightly later stage focus than Stalwart.

Broad incumbents

• Foundry Group: Boulder, CO-based early-stage VC investing across enterprise, AI, and deep tech. Comparable stage focus and operator-led investing model; broader portfolio and longer track record make it an incumbent benchmark.
• SV Angel: Established seed-stage VC led by Ron Conway, focused on early-stage consumer and enterprise. Comparable by stage and lead-investor activity; significantly larger brand and network advantages.

Emerging players

• Lerer Hippeau: NYC-based early-stage VC with hands-on operator model and active portfolio support. Comparable by stage focus and value-add thesis, though more concentrated in NYC consumer/enterprise rather than deep tech.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/revroad-capital

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments5 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Stalwart Ventures