What Perceptive Ventures does

Perceptive Ventures is a San Francisco-based early-stage venture capital firm founded in 2023 by Camilo Acosta, focused exclusively on backing 'agentic AI' founders building transformational AI-native companies. The firm invests at pre-seed, seed, and Series A stages and currently holds a portfolio of approximately 22 companies spanning healthcare (Village, Capacity Health, Zealthy, Dispatch), fintech and consumer applications (Novig, InstaLilly, Korl), construction and infrastructure (Bixby, ArchiBoost), developer tools and agent infrastructure (Hyperspell, Sidecar, Scowtt, AgentPhone), and other verticals. Portfolio outcomes to date include Novig reaching a ~$500M post-money valuation in its Series B with $4B annualized platform volume, Village reporting 5x patient growth, and Giant generating 1M+ minutes of conversation since launch.

The firm's core competitive differentiation is its team's firsthand AI operating experience: Managing Partner Camilo Acosta built and sold an AI company to Meta and led generative AI products for Reels and Stories; Venture Partner Dr. Gary Bradski holds 149 patents, founded OpenCV (400M+ downloads), and led the vision team for the DARPA Grand Challenge-winning Stanley autonomous vehicle; General Partner Chris Hubbell spent over six years as GP at ICONIQ Capital with board seats at Braze, Datadog, GitLab, Procore, ServiceTitan, and Snowflake. The firm explicitly positions itself as 'the trusted ally of disruptive founders,' offering hands-on operational support beyond capital and sourcing deals exclusively through warm introductions via mutual connections rather than open applications.

Revenue mechanics are typical of early-stage venture capital: the firm earns returns through equity ownership in portfolio companies, realizing gains at exit events (acquisitions or IPOs), supplemented by conventional fund management fees from limited partners. The firm does not publicly disclose fund size, management fees, carry structures, LP identities, or revenue. Geographic concentration is in the San Francisco Bay Area, though portfolio investments are global in scope.

Name

Perceptive Ventures

Legal name

Perceptive Ventures

Website

https://perceptivevc.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

1–10 employees

Short description

Perceptive Ventures is a San Francisco-based early-stage venture capital firm founded in 2023 that invests exclusively in agentic AI founders at pre-seed, seed, and Series A stages, backed by a team with deep AI operating and research credentials.

Ownership category

akta.pro rank

Product category

Venture Capital

NAICS

Portfolio Management and Investment Advice (52394), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282)

akta.pro primary industry

Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)

Keywords

• Venture capital investing
• Early stage funding
• Agentic AI startups
• Seed round investments
• AI startup backing

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Venture Capital Fund Returns: Perceptive Ventures generates returns through equity ownership in early-stage AI companies. The firm invests at seed and pre-seed stages in exchange for equity stakes, with returns realized through exits (acquisitions or IPOs) of portfolio companies.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

Perceptive Ventures is a San Francisco-based venture capital firm that invests early-stage capital in agentic AI startups at pre-seed, seed, and Series A stages. The firm takes equity stakes in exchange for funding and provides operational support, strategic guidance, and network introductions to founders building AI-native companies. The firm maintains a selective portfolio across verticals including healthcare, fintech, enterprise software, consumer applications, and developer infrastructure.

Product overview

Perceptive Ventures is a venture capital firm that backs agentic AI founders building the next wave of generational companies. The firm does not offer its own product platform but maintains an investment portfolio of AI companies across various verticals including healthcare, fintech, enterprise software, consumer applications, and infrastructure. The portfolio companies include Village (pediatric healthcare coordination), Giant (interactive storytelling for children), Novig (sports prediction market), Dispatch (data management for financial advisors), and numerous other AI startups.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Portfolio companies achieving significant growth milestones including 5x patient growth (Village), 10x trading volume growth (Novig), 1M+ minutes of conversation generated (Giant)
• +1 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Conviction Partners: Founded by former Greylock partner Sarah Guo, Conviction is a similarly-sized, AI-focused early-stage VC that invests in 'AI native' founders. Closest direct comparable in terms of thesis specialization, stage focus (seed/Series A), and operator-led brand.
• AIX Ventures: AI-exclusive early-stage venture fund investing in seed and Series A AI startups with technical founders. Directly comparable on stage, category focus, and partnership-driven model.
• Forerunner Ventures: Early-stage consumer-focused VC that co-invested with Perceptive in Novig's Series B. Comparable as an early-stage consumer/vertical specialist that partners with operator-led founders.
• NFX: Seed-stage VC focused on network-effect businesses that co-invested alongside Perceptive in Novig. Comparable as a seed/early-stage generalist with strong founder-network sourcing.

Broad incumbents

• Spark Capital: Established growth-stage VC with a notable AI investment focus; Nabeel Hyatt is publicly quoted endorsing Perceptive's operator profile. Comparable on AI thesis but operates at larger fund sizes and broader stages.
• Andreessen Horowitz (a16z): Mega-fund with massive dedicated AI initiatives (a16z AI) and significant capital deployment into AI/agentic startups. Overlaps with Perceptive's thesis but at materially larger fund size and broader stage focus.
• Lightspeed Venture Partners: Multi-stage global VC with an extensive AI infrastructure and applications portfolio. Broad incumbent that competes with Perceptive for agentic AI seed and Series A deals.
• Khosla Ventures: Venture firm with deep AI/technology focus across stages, often leading seed through growth in AI-native companies. Comparable on AI conviction but with substantially more capital and longer track record.
• Lux Capital: Frontier-technology-focused VC with significant AI, robotics, and computer vision portfolio. Direct overlap with Perceptive's Bradski-led robotics/computer vision angle and AI infrastructure bets.
• Bain Capital Ventures: Multi-stage VC arm of Bain Capital with an active AI/enterprise software practice. Competes for AI seed and Series A deals with substantially larger fund size and institutional infrastructure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

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

M&A

Investments9 records

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

Frequently asked questions about Perceptive Ventures